The commercial insurance market has been a topic of significant scrutiny recently, given its fundamental impact on businesses of all sizes. With continuous fluctuations in premium rates, stakeholders are eager to understand whether these costs are stabilizing or still on the rise. The second
In an era where California homeowners are facing unprecedented challenges in securing reliable and affordable insurance, a new partnership between Phyn, a cutting-edge water technology company, and Bamboo, a savvy property and casualty insurance provider, is making waves. This strategic alliance
The auto insurance industry is undergoing a profound transformation, driven by the integration of advanced data analytics and data scoring technologies. This shift is allowing insurers to offer more personalized, fair, and competitive insurance packages. It reflects a broader change in how auto
In a significant development affecting over 70,000 residents, the Green Mountain Care Board (GMCB) has approved substantial health insurance rate increases for Vermont in 2025. This move, while aiming to stabilize the financial health of the state's insurance providers, Blue Cross Blue Shield of
In recent years, the integration of artificial intelligence (AI) into various sectors has proven to be transformative, and the (re)insurance industry is no exception. Aventum, a front-runner in InsurTech, has unveiled its latest innovation—the AI Underwriting Assistant. This groundbreaking tool is
In today's rapidly evolving auto insurance industry, the integration of advanced data analytics is transforming how insurers assess risk and set premium rates. This shift represents a broader trend toward leveraging modern technology to meet customer needs and market demands more effectively. With
Insurity, a renowned provider of cloud-based software and analytics for the insurance industry, has unveiled its latest innovation—the Insurity Spreadsheet API. Designed to accelerate insurance product development, this solution aims to transform complex spreadsheet logic into streamlined, reusable
Home insurance premiums are rising at alarming rates, placing substantial financial burdens on homeowners across the United States. This escalating trend is driven by a confluence of factors including climate change, regulatory hurdles, and inflation. The impacts are far-reaching, affecting not
The advent of data-driven analytics in the automotive industry is sparking a revolution that extends far beyond mobility and transportation. Modern vehicles, equipped with a multitude of sensors and cameras, generate massive amounts of data. This information holds the potential to transform various
The Corporate Counsel position at Larson Maddox offers a dynamic and multifaceted role for legal professionals specializing in insurance law. Situated in Arlington Heights, this role is not just about providing legal advice; it encompasses a broad spectrum of responsibilities that underscore the
