Browsing: insurance

A Nova Scotia family was blindsided by a $100,000 repair bill for water damage to their rental property, only to discover their insurance wouldn’t cover it due to a little-known clause.

A Nova Scotia family faced a financial shock after discovering their insurance wouldn’t cover extensive water damage at a rental property.

A Nova Scotia family faced a $100,000 repair bill when their rental property suffered water damage, only to find their insurance wouldn’t cover it due to a little-known insurance concept.

AI-driven commercial trucking insurer Nirvana Insurance announced an $80 million Series C funding round, solidifying its position as a leader in AI-powered insurance solutions. The funding will fuel further expansion and innovation in the sector.

California homeowners, renters, and businesses are facing increasing challenges with insurance renewals and affordability due to rising climate risks like wildfires and extreme weather events.

Experts discuss key trends impacting the E&O market, including AI, cyber threats, and the strategic importance of E&O policies.

The Texas Department of Insurance has approved the formation of Homebound Insurance Exchange, a reciprocal exchange that will take on a significant personal lines book from National Summit Insurance Company. ReAlign is among the investors.

Resolution Life has signed a reinsurance agreement with Protective Life Corporation’s insurance subsidiaries, covering $9.7 billion in reserves.

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

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