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New York Proposes Guidance Governing Insurers’ Use of AI

New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing....
New York State is proposing guidance for insurance carriers to prevent unfair discrimination in their use of artificial intelligence and external data sources in underwriting and pricing....
Article / 2 months ago

Federal Reinsurance for Cats: No Thanks, APCIA Says

Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers’ issues with growing private reinsurance costs. But a trade group for carriers...
Federal lawmakers introduced a bill to create a federal natural catastrophe backstop recently, reacting to insurers’ issues with growing private reinsurance costs. But a trade group for carriers...
Article / 2 months ago

Florida State-Run Reinsurance Plan a Bust? Only Three Sign On

After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property rates, many in the industry argue...
After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property rates, many in the industry argue...
Article / 11 months ago

PIA, AIMS Society to Consolidate

The National Association of Professional Insurance Agents (PIA) and the American Insurance Marketing and Sales Society (AIMS Society) have announced they will combine entities to “redefine the future of insurance education.”...
The National Association of Professional Insurance Agents (PIA) and the American Insurance Marketing and Sales Society (AIMS Society) have announced they will combine entities to “redefine the future of insurance education.”...
Article / 1 year ago

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