1+ day, 4+ hour ago  (929+ words) Commercial lines insurance is changing'not with loud announcements or flashy tech demos, but through quiet, meaningful shifts in how work gets done. Much of this progress is driven by teams applying AI tools to everyday tasks. Underwriters are spending less…...

5+ day, 18+ hour ago  (182+ words) Kentucky's Transportation Cabinet and Department of Insurance have launched a new vehicle insurance verification system, and auto insurers have until Jan. 15 to start getting on board. The new Kentucky Insurance Verification System, authorized by state lawmakers earlier this year, should…...

6+ day, 4+ hour ago  (500+ words) Washington Insurance Commissioner Patty Kuderer issued an emergency order that includes asking insurers in the state to provide grace periods for premium payments and a cancelation moratorium. The order was drafted to provide relief to Washington policyholders after the recent…...

1+ week, 4+ day ago  (127+ words) QBE Automotive Protection, in partnership with Repair Ventures, has launched a new product for original equipment manufacturers (OEMs) to provide customers with enhanced vehicle protection in the event of a total loss. Vehicle replacement insurance offers drivers a brand-new equivalent…...

1+ week, 5+ day ago  (328+ words) Can an auto insurer in Massachusetts refuse to offer collision and comprehensive coverages during a flood warning despite a state law that makes it mandatory to offer such coverages? The industry and public are on the road to finding out....

1+ week, 5+ day ago  (340+ words) The Michigan Department of Insurance and Financial Services this month released a report on the impact of the state's 2019 auto insurance reform and found cost was reduced an average of $357 per vehicle. "In 2019, Democrats and Republicans in " The Michigan Department…...

1+ week, 6+ day ago  (148+ words) A Louisiana anti-fraud law will serve as the new national model for fighting insurance fraud. The National Council of Insurance Legislators (NCOIL) has adopted Louisiana's amended insurance fraud law as its new national benchmark, the Louisiana Department of Insurance said....

2+ week, 5+ day ago  (345+ words) In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable'but contractually unnecessary'payments made by an insured following a cyberattack did not constitute insured "extra expense." While the decision is designated as "unpublished," it…...

2+ week, 6+ day ago  (488+ words) There has been much discussion in the insurance industry about artificial intelligence (AI) and how it can take on mundane, laborious tasks and complete them in a fraction of the time it would take a human. How Does it Work…...

3+ week, 1+ day ago  (308+ words) A new survey reveals consumer frustration with auto insurance pricing models and growing support for more transparency in how policies are priced and for telematics. The new research from mobility data and analytics company Arity suggests that drivers who feel…...