Simply Business, a subsidiary of The Travelers Cos., Thursday launched its business insurance application in ChatGPT in the U.S. The Simply Business app is available on the App Directory within ChatGPT, Simply Business said in a statement. The new applica... See more
The adoption and use of artificial intelligence is challenging risk management experts as they try to remain in step with the pace of change while protecting their businesses and organizations from any emerging threats related to the technology. From sett... See more
The acceleration in data center construction has drawn a robust response from the insurance sector, which is deploying billions in new insurance capacity, consolidating coverage for ease of administration to support ever-larger projects and establishing p... See more
Global insured losses from natural disasters in the first quarter of 2026 reached approximately $20 billion, 6% above the average for the 21st century. Nearly four-fifths, or 79%, of insured losses were recorded in the U.S. where natural catastrophes caus... See more
The U.S. property/casualty insurance industry had record high earnings of $135.9 billion and a record low combined ratio of 93.0% in 2025. Net income soared 48.9% to $135.9 billion while the combined ratio improved to 93.0% from 96.7% in 2024, according t... See more
