Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

AI Is Making Litigation Profitable at Smaller Claim Sizes

AI Is Making Litigation Profitable at Smaller Claim Sizes
AI Is Making Litigation Profitable at Smaller Claim Sizes
June 30, 2026  |  Artificial Intelligence

U.S. commercial auto liability direct written premium rose 12.3% to just over $43 billion in 2024, Milliman found, based on a composite of 40 major...

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Taktile Raises $110 Million to Automate High-Stakes Banking and Insurance Decisions
Taktile Raises $110 Million to Automate High-Stakes Banking and Insurance Decisions
June 24, 2026  |  Investments

Taktile raised $110 million in a Series C funding round to further enhance its artificial intelligence (AI) solutions for complex banking and insurance use cases...

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Insurers Face a New Risk From Autonomous Robots
Insurers Face a New Risk From Autonomous Robots
June 23, 2026  |  Artificial Intelligence

Physical artificial intelligence (AI) doesn’t follow a script. Unlike traditional machines that execute fixed commands, physical AI systems use sensors, software and AI models to...

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State Farm Bets on AI to Take Back Number One
State Farm Bets on AI to Take Back Number One
June 17, 2026  |  Artificial Intelligence

State Farm is rebuilding its agent model around artificial intelligence after losing a title it held since World War II. Get the Full Story Complete...

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Hormuz Disruption Opens New Test for Crypto in Global Trade
Hormuz Disruption Opens New Test for Crypto in Global Trade
May 18, 2026  |  Cryptocurrency

There are few economic bottlenecks more consequential than the Strait of Hormuz. Get the Full Story Complete the form to unlock this article and enjoy...

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Less Than a Quarter of Consumers Get Instant Insurance Payouts
Less Than a Quarter of Consumers Get Instant Insurance Payouts
May 07, 2026  |  Insurance

Insurance carriers are learning that the claims experience no longer ends when a claim is approved. Get the Full Story Complete the form to unlock...

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Big Insurance Backs Away From AI Risk and Startups Rush In
Big Insurance Backs Away From AI Risk and Startups Rush In
May 01, 2026  |  Artificial Intelligence

A company deploys an artificial intelligence (AI) agent. The agent makes a mistake. The insurance policy does not cover it. Get the Full Story Complete...

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Lemonade and Porch Show AI Is Rewriting Insurance Math
Lemonade and Porch Show AI Is Rewriting Insurance Math
May 01, 2026  |  Earnings

Earnings from Porch Group and Lemonade show artificial intelligence (AI) moving into core insurance functions, with measurable effects on claims handling, underwriting and distribution. Get...

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