Wildfire risk is strongly conditioned by geographic considerations that vary widely among and within states. The latest Triple-I Issues Brief shows how that fact played out in 2024 and early this year and discusses the importance of granular local data for underwriting and pricing insurance in wildfire-prone areas, as well as for much-needed investment in resilience. ...
Cybercriminals work around the clock, but so do America’s top cyber insurance companies – and their efforts haven’t gone unnoticed. ...
Most people are not immune to the worries of the wallet—big and small. From paying for monthly bills all the way to paying for long-term care and everything in between, people from Gen Z to Boomers told us what they are concerned about financially. ...
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In light of, well, literally everything, businesses of all sizes are reassessing their risk management strategies and insurance coverage before their renewal date. ...
In its 25th year, the annual Accenture Tech Vision report continues to be a guiding light for the future of technology. This year, the report highlights four key trends that are set to revolutionize technology: 1) The Binary Big Bang, 2) Your Face in the Future, 3) When LLMs Get Their Bodies, and 4) The New Learning Loop. Among these, “Your Face in the Future: Differentiating when every interface looks the same” stands out to me as a particularly compelling trend for the insurance industry. ...