Insurtech Insights 2026: AI Growing Pains
Last week’s Insurtech Insights conference in New York City explored the unique challenges of implementing artificial intelligence (AI) in the insurance industry.
Last week’s Insurtech Insights conference in New York City explored the unique challenges of implementing artificial intelligence (AI) in the insurance industry.
The Hanover survey points to a coverage confidence gap between what consumers say they value in homeowners coverage and what they have taken the time to verify.
The bills signed into law last week address some of the core factors that have driven exorbitant auto insurance premiums in New York.
An independent agency business listing on the site is included with Big “I” membership.
May brought news of moderating pressures in the long-suffering personal lines space, with early signs that increases in reconstruction costs and personal auto premium hikes may be beginning to slow.
While claims declined, roof losses continue to grow more severe and less predictable, driven by aging housing stock, widespread hail exposure and rising replacement costs, according to Verisk.
The 2026 hurricane season, which starts on June 1, is projected to be below average, with eight to 14 named storms expected.
As personal auto policy shopping reached historic highs, distracted driving also increased, especially among older drivers.
While every state saw residential and commercial reconstruction costs increase, premiums for personal auto and homeowners policies show signs of deceleration.
The 75-page report presents a comprehensive set of recommendations for overhauling the federal government’s approach to disaster preparedness, response and recovery.