Experts predict that by 2025, insurtech will leverage generative AI and IoT to transform user experiences, risk assessment, and operational efficiencies in the industry.

The ECB has proposed a dual strategy to enhance insurance against climate-induced disasters in the EU through a voluntary reinsurance system and a mandatory disaster fund.

Consumer and environmental groups urge the Federal Insurance Office to publicly release homeowners insurance data to address the urgent impact of climate change on insurance crises.

American Transit Insurance Co. is suing over 180 medical providers for $450 million, alleging widespread fraud that threatens its financial stability and the taxi sector.

NFP boosts its employee benefits division by acquiring Salus Group, led by CEO Michael Brillati, enhancing its presence in the Central region.