Legal

Defeat For Insurers in California Court

Latest from California; Insurance Commissioner Ricardo Lara issued the following statement after a Los Angeles Superior Court yesterday blocked the FAIR Plan’s latest attempt to deny consumers greater coverage options. Commissioner Lara ordered the FAIR […]

Fraud

Fake Insurance Agent Jailed After $1.4m Fraud

Interesting fraud case from California; Unlicensed insurance agent Karyl Lynn Reed, 58, formerly of Cosa Mesa, was convicted last week on multiple felony counts of embezzlement and white-collar fraud enhancements after defrauding three victims of […]

News

$5.3m Funding Round For Delos Insurance Solutions

Delos Insurance Solutions, a catastrophe insurance managing general agency (MGA) with a specialty in California wildfire-related risks, today announced that its seed funding round has closed.  The $5.3 million round, led by IA Capital along […]

Emerging Risk

Amica Insurance and Zesty.ai Team Up on Fire Cover

Today Amica Insurance announced its partnership with Zesty.ai, the leader in climate risk analytics powered by artificial intelligence (AI), to integrate Zesty.ai’s predictive wildfire risk analytics solution, Z-FIRE™, into Amica’s homeowners product line. This gives […]

Global insurance trends

US Market: Firemaps Launches, Offering Data Insights

Firemaps, the startup using tech-driven solutions to defend California homes from wildfire, today announced general availability of their platform across California.  Firemaps uses satellite and drone imagery to create ultra highly accurate 3D maps to […]

Legal

What’s The Difference Between An Insurance Claim & A Lawsuit?

If you’ve been injured in an accident, you probably have many questions about how you should proceed. For instance, if you weren’t at fault for the accident, who is responsible for paying for your injuries? […]

Flood Insurance

RMS Releases Data on US Wildfire & Flood Risks

RMS has released significant updates to its U.S. Wildfire HD and U.S. Inland Flood HD Models, part of the High Definition (HD) Model suite on RMS Risk Modeler™ powered by RMS Risk Intelligence™. Flood and […]