The hearing also explored potential reforms to the Gramm-Leach-Bliley Act to ensure effective and uniform financial data privacy protections for consumers in today’s evolving financial services landscape, while safeguarding innovation and promoting competition.
The U.S. property & casualty industry has seen more rating upgrades than downgrades, driven by the performance within the commercial insurance segment.
One in three consumers would consider digitally altering their claim photos or documents, according to a report released by Verisk.
The initiative aims to safeguard the flow of trade through the Strait of Hormuz.
Get up to speed on the five key issues that will be the focus of the 2026 Big “I” Legislative Conference taking place April 22–24 in Washington, D.C.
New Big “I” survey reveals that only 3 in 10 Americans (31%) review or shop for insurance each year, with many waiting until premiums increase, major life changes occur, or coverage issues arise.
February opened with agencies maintaining a strong interest in exploring and adopting artificial intelligence (AI), the launch of a ChatGPT app and a report from the Big “I” indicating that more agencies plan to expand their use of AI.
Cyber threats are no longer designed solely to cause immediate business disruption. Instead, it’s about the long-tail aftershocks that follow.
The “Litigation Funding Transparency Act of 2026″ would require parties to publicly disclose funding sources in mass tort and class action suits.
Amid increasing adoption and experimentation, and a lack of internal governance, trust and reliability are the main concerns for agents regarding broader artificial intelligence (AI) adoption.
