Discover what substandard insurance is, how it functions, and see real examples. Learn about who qualifies and what factors ...

Advertising disclosure: When you use our links to explore or buy products we may earn a fee, but that in no way affects our editorial independence. A crucial part of the insurance industry, insurance ...

Data scientists know that artificial intelligence and predictive modeling leads to some bias in underwriting. What they don't always know are the ways and the extent of the negative impact. More ...

Our team collected more than 60,000 sample quotes from life insurance companies using unique user profiles to give readers an accurate view of pricing across competitors. We gather quotes for ages 18 ...

We initiated a new position during the quarter in Chubb, long a global leader in the property and casualty insurance industry ...

Here is a scene that is playing out at insurers of all sizes in the industry: There are teams of underwriters that have AI-powered tools on their desktops, but they still rely on antiquated ...

A business needs specialty insurance for items not covered by ordinary homeowners or automobile insurance. Learn if your ...

Depending on what you read and who you follow, we are still in a pandemic phase or transitioning from the pandemic to the endemic phase of COVID-19. This has an ongoing impact on the life insurance ...

The age-old insurance underwriting model worked well for a traditional environment of slower and more predictable change, with similar processes and risk evaluation methods across insurers. Today, the ...

Studies prove proper underwriting processes reduce financial risks by 40% and enable sustainable economic growth for businesses while maintaining market stability ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...

On January 17, 2024, the New York State Department of Financial Services (“NYDFS”) issued a proposed circular letter for comment regarding the “Use of Artificial Intelligence Systems and External ...