What happens when the person helping you choose an insurance policy isn’t clear about whose interests they’re protecting? In Michigan, a staggering number of consumers—estimated at over 60% in a recent state survey—admit to feeling uncertain about whether their agent represents them or the
Imagine a world where insurance processes, often bogged down by manual tasks and complex regulations, are transformed by cutting-edge technology that automates workflows with precision and security. This vision is becoming a reality as Socotra introduces its groundbreaking Model Context Protocol
In a landscape where insurance regulation must constantly evolve to meet new challenges, the National Association of Insurance Commissioners (NAIC) Summer 2025 National Meeting emerged as a critical forum for shaping the industry’s future. Held as a gathering of regulators from all 50 states, the
Setting the Stage for a Digital Insurance Shift Imagine an insurance landscape where manual processes and weeks-long delays are relics of the past, replaced by instantaneous risk assessments and seamless transactions. This vision is rapidly becoming reality as the insurance technology sector
In an era where digital transactions dominate and fraud schemes grow increasingly complex, the insurance industry faces a staggering challenge with losses amounting to billions annually due to deceptive claims. The FBI highlights that over 7,000 insurance companies in the US manage more than $1
In the ever-evolving U.S. healthcare sector, short-term, limited-duration insurance (STLDI) has emerged as a pivotal factor influencing not only policy debates but also the direction of investment strategies across financial markets. As regulatory frameworks at both federal and state levels
