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The adoption of artificial intelligence in insurance is less a sprint to the finish than a scramble to reach the starting line, experts say.
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Two additional property insurers have entered the Florida market this summer, raising the total number of new carriers joining the state since 2023 to 14
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Insurers in the marine, aviation, cyber, and terrorism sectors are facing mounting underwriting pressures and potential accumulation losses amid escalating hostilities between Iran and Israel, according to Morningstar DBRS.