How Westfield Is Implementing AI in Claims April 8, 2025 By Don Jergler Identifying the needs and pain points of customers and then developing solutions to better service them and other company partners—those...
California FAIR Plan Stabilization Act Moving Through Legislature April 2, 2025 A bill that aims to enable the California FAIR Plan to seek additional claims paying capacity is making its way...
California Agency Issues Guidelines for Healthcare Providers Affected by LA Wildfires March 27, 2025 The California Department of Managed Health Care issued an all-plan letter designed to provide flexibility for health plans to assist...
Wall Street Brokers Start Trading Insurer Claims From LA Fires March 20, 2025 By Blake Brittain Wall Street brokers have started selling insurers’ claims tied to Los Angeles’ deadly wildfires, which may trigger a payout from...
Insurer Payouts Now at $12B for LA Wildfires, Report Shows March 12, 2025 Insurance companies have so far paid out more than $12 billion for losses from the two biggest of the Los...
Fire Danger in LA Is All Around, But Signals to Residents Are Mixed February 26, 2025 By Leslie Kaufman and Andre Tartar In the era of cutting-edge computer modeling, satellite data and AI, there has never been more abundant information on the...
Insurers Have Now Paid Out Nearly $7B for LA Wildfires, Report Shows February 13, 2025 Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los...
Travelers Expecting $1.7 Billion in Catastrophe Losses From LA Wildfires February 11, 2025 Another major California insurer is reporting losses in excess of $1 billion from the Los Angeles area wildfires. The Travelers...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents? February 10, 2025 By Rene Swan If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history,...
AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...