Let’s see what’s in the news today. Car insurance costs are rising – these states are the most expensive Car insurance rates sky-rocketed 24 percent in 2023 – and they will go
TLDR: Insurance firms are focusing on improving customer experience and operational excellence through digital transformation initiatives. Some of the successful digital transformation initiatives in the insurance industry include implementing digital customer service
TLDR: The insurance sector is increasingly adopting programming languages like Python to refine workflows and improve decision-making capabilities. Python is particularly popular among actuaries and is the top programming language for insurance
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TL;DR: The US insurtech market is showing signs of recovery and optimism in 2024. Industry consolidation is underway, and companies are making progress on expense reduction plans. Insurtech stocks rebounded in 2023,
TLDR: Car insurance premiums rose rapidly in 2023 due to increased repair costs of high-tech vehicles, climate catastrophes, and severe accidents. New York, Nevada, and Florida are the most expensive states for
Let’s see what’s in the news today. How Does The ‘Cashless Everywhere’ System Benefit Health And General Insurance Policyholders? Customers can choose hospitals outside their insurance company’s networks, experience swift settlement of
TLDR: Covr Financial Technologies hosted an event in Hartford, Connecticut, which was attended by investors and state officials. Covr aims to simplify the insurance purchase journey by leveraging data-driven insights and providing
Allstate (NYSE:ALL) and iShares U.S. Insurance ETF (ARCA:IAK) have seen a surge in their stocks in 2024 due to rising motor vehicle insurance costs. Repair costs for electric vehicles (EVs) are 49%
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