Browsing: Business Insurance

American Coastal Insurance Corporation (ACIC) has released its 2024 Form 10-K report, detailing financial performance, strategic shifts, and challenges in the market.

Nirvana Tech Inc. receives significant funding to expand its AI-powered insurance platform for the trucking industry, promising faster and more accurate risk assessments.

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Outmarket AI, a nascent company leveraging artificial intelligence to modernize commercial insurance processes, has completed a $4.7 million seed funding round.

Nationwide is launching a new unit focused on excess and surplus (E&S) property insurance, reflecting the growing importance of this market as traditional insurers withdraw from high-risk areas.

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A Nevada jury delivered a significant blow to USAA, awarding a policyholder $114 million in a bad faith insurance case related to a 2018 car accident.

WTW’s CLIPS survey reveals a moderation in commercial insurance rate increases during the final quarter of 2024, contrasting with previous quarters.

Rockwood Programs introduces a policy to shield volunteer security personnel at houses of worship from legal risks.