Industry News

Pandemic Takes Toll on Mental and Physical Wellbeing, Leading to More Online Insurance PurchasesA Swiss Re Institute survey of 11,000 consumers worldwide conducted two years into the COVID-19 pandemic found that the pandemic led to an increase in online insurance purchases as well as a greater willingness to share personal health data, particularly among the younger generation.State Farm Hit by Summary Judgement ReversalA court order which granted summary judgment to State Farm over a breach of policy case has been reversed. Price of Homeowners Insurance Jumps 34%QuoteWizard® released their annual "State of Home Insurance" report and found that the average price of home insurance has increased…

​Trump Set to Undergo Questioning in July in Insurance ProbeFormer President Donald Trump, his namesake son and his daughter Ivanka have agreed to answer questions under oath next month in the New York attorney general's civil investigation into his business practices, unless their lawyers persuade the state's highest court to step in.Helping Commercial Clients Prepare for a HurricaneThe 2022 Atlantic hurricane season began on June 1, and with most predictions pointing toward an above-average amount of activity this year, it's imperative that insurers check with their commercial clients to ensure they're properly prepared.Tech Firms Selling Insurance: 'Do You Want Fries with That?'As more companies from…

​​3 Unintended Consequences of Well-Intentioned Cyber RegulationsPolicymakers worldwide are stepping up efforts to create cyber regulations that can help mitigate and boost society's resilience against these threats and assert control over how some technological innovations are used.    Autonomous Vehicles: Predictions vs. TruthThe cause of most accidents is human error; distracted driving, speeding, drunk driving and reckless driving are the top four causes of accidents. If we could eliminate these and other driver-related factors, the number of accidents would significantly drop.North Atlantic Hurricane Season Begins with Ripe Conditions for Above-Average ActivityThe pre-season forecast update for North Atlantic hurricane activity continues to forecast 18 named storms, eight hurricanes…