Benjamin Tailor

Clearspeed, a leader in voice-based risk assessment technology, has joined forces with 1st Central, one of the rapidly growing insurance providers in the UK, to revolutionize the process of insurance claims. This cutting-edge partnership aims to speed up the settlement of legitimate claims while

On March 20, New York Attorney General Letitia James secured a $975,000 settlement from Root Insurance for a data breach that compromised the personal information of approximately 45,000 New York residents. Although Root Insurance does not sell policies in New York, their online quote system had a

The small community of Kayenta, Utah, recently found itself grappling with a surprising and disturbing trend: major insurance companies are dropping homeowners coverage in the area. This move has come as a shock to many residents, particularly because Kayenta has experienced little to no

The paradox within the insurance industry is starkly highlighted by current investments in fossil fuels and their consequent environmental impact. As insurers face significant financial losses due to climate change-related damages, they continue to invest in industries that exacerbate these risks.

In the ever-evolving landscape of Canada's financial markets, the Office of the Superintendent of Financial Institutions (OSFI) has updated its Annual Risk Outlook for the current period. This report identifies numerous significant risks that may impact the financial sector and outlines

The insurance industry is on the brink of a significant transformation driven by two groundbreaking technologies: Generative AI and the Internet of Things (IoT). Experts predict that these technologies will reshape various aspects of the industry, from underwriting and claims processing to customer

Recent developments in Florida's insurance industry have ignited discussions about consumer protection and unethical practices in the industry. Senate Bill 1740, primarily sponsored by Sen. Blaise Ingoglia, has brought these issues to the forefront. The bill aims to introduce stricter

In a world where pets are increasingly considered family members, the demands for quality pet care and comprehensive insurance are growing exponentially. Dalma, a Paris-based pet insurance provider, has emerged as a disruptive force in this market, raising €20 million in a Series B funding round. L

The insurance industry stands on the brink of a revolution, led by advancements in Artificial Intelligence (AI) and automation. As these technologies continue to evolve, they promise to reshape various facets of insurance, enhancing efficiency, accuracy, and customer experience. With the

Cyclone Alfred left behind a trail of devastation, affecting thousands of homeowners who are now grappling with the daunting task of rebuilding their lives and properties. Many have turned to their insurance policies, hoping to find relief and security in a time of great uncertainty. However,