Telematics-based pricing, which assesses actual driving behavior rather than proxy data, is an evolving aspect of the U.S. auto insurance industry, said Casey Kempton of Nationwide. In 2023, Maryland’s largest […]
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Higginbotham expands in Alabama with Fitts deal
Acquired firm brings 150 years of service in key state
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IAIS finalizes insurance capital framework
Erin Collins, senior vice president of state and policy affairs for the National Association of Mutual Insurance Companies, said that the recognition of the aggregation method would help avoid unnecessary […]
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INSUREtrust appoints new executive VP
The leadership expansion is expected to drive growth and innovation
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ACORD strengthens team, launches new placing platform
ADEPT Placing offers insurers a one-to-many system for placing event data, from quotation through signed line advice information, while standardizing data format across all broker placing portals. The platform complies […]
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South Korean insurer secures majority stake in US-based Velocity Clearing
“With Velocity Clearing’s robust platform and expertise, this acquisition will serve as a springboard for enhancing the global capabilities of South Korea’s leading insurance company. Together with the Velocity Clearing […]
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What are the key trends in cyber insurance heading into 2025?
Tasked with navigating an ever-evolving risk environment, the cyber insurance market has distinguished itself by its ability to pivot at speed, alongside its early adoption of proactive products and solutions. […]
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Aon drives global data and analytics transformation with new appointment
Aon’s new global chief data and analytics officer In his new position, Roe will lead efforts to integrate artificial intelligence, data strategy, and governance into the company’s analytics platform. He […]
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Aerospace meets insurance: How satellite data is reshaping wildfire risk models
“We take all of this remote sensing—satellite, drone, aerial point sources, and all of the in-betweens,” Notohamiprodjo said. “We put it into our proprietary ensemble, and that is what allows […]
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Report reveals a major ransomware entry point for cyberattacks
More than 50 active groups preyed on businesses in the past quarter
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