California
CLARA Analytics launches new AI tools
CLARA Analytics has introduced two AI tools to support insurance claims professionals in making informed decisions and improving outcomes. The…
Kin Insurance taps ZestyAI for wildfire risk assessment
Kin Insurance has integrated ZestyAI's wildfire risk assessment model, Z-FIRE, to evaluate property-level wildfire exposure in California. This integration, which…
Willis, The Nature Conservancy unveil wildfire resilience insurance
Willis, part of WTW, in partnership with The Nature Conservancy, has launched a insurance policy that incorporates wildfire risk mitigation…
Nirvana Insurance lands $80m Series C funding
AI-powered trucking insurer Nirvana Insurance has raised $80m in a Series C financing round, at an approximate valuation of $850m. This…
MAPFRE RE and CyberCube partner to address cyber risk
MAPFRE RE, the reinsurer of MAPFRE Group, is to license CyberCube’s solutions under a three-year agreement with the cyber risk analytics…
Falcon Insurance Group adopts Liberate Voice AI FNOL
Falcon Insurance Group has selected Liberate Voice AI FNOL to modernise its first notice of loss (FNOL) process, aiming to…
Specialty Risk Re secures $50m in funding
Collateral reinsurance company Specialty Risk Re (SRR) has closed a $50m (£39.52m) institutional funding round led by NMS Capital Group. …
NEXT Insurance adopts ZestyAI’s property risk models
Commercial insurer NEXT Insurance has collaborated with property and climate risk platform ZestyAI for its AI-driven Z-PROPERTY and Z-FIRE models. …
California seeks $1bn from insurers to strengthen FAIR Plan
California Department of Insurance (CDI) Commissioner Ricardo Lara has requested $1bn in additional funds from the commission's member insurers to…
ZestyAI’s Z-FIRE wildfire risk model now filing-ready in California
Climate and property risk analytics provider ZestyAI has announced that its advanced wildfire risk model, Z-FIRE, is now filing-ready in…
Merchants Insurance Group adopts CLARA Analytics solutions
Merchants Insurance Group has integrated CLARA Analytics' AI technology to streamline its auto liability claims process. This covers the implementation…
One Inc announces new chairman of the board
Insurance payments and software solutions provider One Inc has appointed Scott G. Stephenson as chairman of the board of directors. …
California halts insurance non-renewals in wildfire areas
The California Department of Insurance (CDI) has mandated all property insurance providers to halt any pending non-renewals and cancellations for…
Verisk submits wildfire catastrophe model for review in California
Verisk has officially requested a review of its wildfire catastrophe model by the California Department of Insurance (CDI), becoming the…
GoAuto taps One Inc to streamline payments
Baton Rouge-Louisiana based insurer GoAuto has chosen insurance payments provider One Inc’s ClaimsPay and PremiumPay products. This move is…