In a striking turn of events that has captured the attention of industry watchers, Kemper, a well-established insurance group, has reported a significant financial setback for the third quarter of this year, revealing a net loss of $21.0 million, or $(0.34) per share. This marks a dramatic shift
In the rapidly evolving landscape of medical innovation, gene therapies have emerged as a groundbreaking solution, offering the potential to cure conditions once deemed untreatable in the United States, symbolizing a new era of hope for countless patients. These therapies, meticulously evaluated
As the National Flood Insurance Program (NFIP) faces a critical expiration deadline on September 30, tied to a potential government shutdown, the implications for Florida—a state uniquely vulnerable to flooding—could be devastating. Home to 1.8 million policyholders, the largest share in the
In an industry as vital and complex as trucking, where safety, efficiency, and cost management are paramount, artificial intelligence (AI) is emerging as a transformative force in insurance underwriting. This technology is not just tweaking existing systems but fundamentally reshaping how insurers
In the fast-paced and highly competitive Accident and Health insurance industry, Unum Group (UNM) finds itself at a critical juncture, navigating the promising waters of substantial premium growth while confronting the turbulent challenge of escalating costs that threaten to erode profitability. As
The dramatic collapse of TruStar Underwriting last year has sent shockwaves through Canada’s insurance industry, exposing deep-seated vulnerabilities in governance and oversight, particularly within the managing general agent (MGA) sector, which plays a pivotal role as intermediaries between
