California bills would pause mortgage payments in disasters
Alongside a bill that gives homeowners a year of forbearance after state-declared emergencies, lawmakers will consider extending wildfire-related moratoriums.
Alongside a bill that gives homeowners a year of forbearance after state-declared emergencies, lawmakers will consider extending wildfire-related moratoriums.
Experts on insurance information and actuarial modeling say AV risk assessments have to be made with incomplete data, making it more difficult to price coverage accurately.
Experts on insurance information and actuarial modeling say AV risk assessments have to be made with incomplete data, making it more difficult to price coverage accurately.
AI is making fraud more sophisticated and harder to detect.
According to Root Insurance research, over 75% of consumers are frustrated with outdated auto insurance pricing.
Nearly half of respondents say if these payments rise, it would make it difficult to meet their mortgage obligations, according to The Zebra.
Is technology advancing faster than data centers can be built? Should a server farm have its own nuclear power supply? Questions like these create unique insurance scenarios, say executives from Willis and Novidea.
The latest claims research from Verisk also shows that autonomous vehicle claims quadrupled between 2021 and 2025.
The market for such coverage could reach $10 billion in premiums in 2026, analysts led by Charles-Marie Delpuech and Patricia Kwan said in a note published Monday.
Seemingly autonomous cars may have a human assistant providing remote support. The extent of this support remains unknown, despite a U.S. senator’s inquiries, and this creates uncertainty for insurers.