Auto repair times and repair costs after an incident have surged by 49% in the last decade, outpacing the 31.7% increase observed in the Consumer Price Index during the same period. One reason for the ...
As of early 2026, the auto insurance landscape is shifting with Progressive securing regulatory approval for significant rate decreases, citing a reduction in claim frequency. Simultaneously, the ...
Retail's AI boom: Over 90% of retailers now use or pilot AI, boosting revenues and cutting costs, with generative AI leading in personalization and customer analysis. Insurance transformation: AI ...
As an insurance reporter, I've long been a proponent of shopping for car insurance. Insurance prices can vary between companies, even for the same person, and comparing quotes is the best way to get ...
The insurance industry’s embrace of AI calls for a governance framework to assist regulators, guide insurers, and inform consumers. The National Association of Insurance Commissioners’ Big Data and ...
Capacity expected to scale to $50 million over three years; program anticipated to contribute approximately $6 million in revenue in Year 1, ...
AI, a revolutionary force, is poised to transform industries, including insurance. But not all AI claims in the insurance sector stand up to scrutiny. Insurers and insurtechs are increasingly touting ...
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