Marshmallow, the UK insurance startup for migrants, raises $90M at a $2B+ valuation | TechCrunchMarshmallow's innovative insurance for migrants has led to significant growth, reaching 1 million drivers insured and a $500 million revenue run rate.
California insurance regulators approve State Farm's request for massive homeowner rate hikeState Farm is approved to raise homeowners' rates by 22% due to wildfire-related losses.
CA Insurance OKs 22% Home Insurance Rate Hike by State Farm, with ConditionsCalifornia Insurance Commissioner proposes a 22% average rate increase for State Farm under specific conditions amid rising wildfire risks.
California insurance commissioner approves State Farm rate hike - with conditionsInsurance Commissioner Lara will approve State Farm's rate increase request if justified at a public hearing, signaling scrutiny of the company's claims.
California regulator to approve State Farm's 22% home insurance rate hike, but with a catchState Farm seeks a 22% home insurance premium increase to stabilize after losses from wildfires, pending public justification.
California insurance regulators approve State Farm's request for massive homeowner rate hikeState Farm received provisional approval for significant homeowner rate hikes due to estimated losses from Los Angeles wildfires.
Walters: Should fossil fuel companies pay for L.A. wildfire losses?Oil companies should be held financially accountable for climate disaster damages, not insurance companies.
California insurance regulators approve State Farm's request for massive homeowner rate hikeState Farm is approved to raise homeowners' rates by 22% due to wildfire-related losses.
CA Insurance OKs 22% Home Insurance Rate Hike by State Farm, with ConditionsCalifornia Insurance Commissioner proposes a 22% average rate increase for State Farm under specific conditions amid rising wildfire risks.
California insurance commissioner approves State Farm rate hike - with conditionsInsurance Commissioner Lara will approve State Farm's rate increase request if justified at a public hearing, signaling scrutiny of the company's claims.
California regulator to approve State Farm's 22% home insurance rate hike, but with a catchState Farm seeks a 22% home insurance premium increase to stabilize after losses from wildfires, pending public justification.
California insurance regulators approve State Farm's request for massive homeowner rate hikeState Farm received provisional approval for significant homeowner rate hikes due to estimated losses from Los Angeles wildfires.
Walters: Should fossil fuel companies pay for L.A. wildfire losses?Oil companies should be held financially accountable for climate disaster damages, not insurance companies.
Kay.ai Raises $3M to Revolutionize Insurance with AI Co-WorkersKay.ai raises $3 million to develop AI co-workers that automate tedious tasks for insurance brokers, addressing workforce shortages and inefficiencies.
Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance EmailsAllstate has shifted claims email writing to an AI system to enhance empathy and accuracy.
How to Estimate the ROI of Intelligent Automation Platforms for InsuranceEstimating ROI for automation platforms is essential for informed investment decisions in the insurance industry.
Insurance giant finds claims rep that gives a damn (it's AI)Allstate uses AI to create more empathetic communication in insurance claims, improving customer experience compared to human reps.
Kay.ai Raises $3M to Revolutionize Insurance with AI Co-WorkersKay.ai raises $3 million to develop AI co-workers that automate tedious tasks for insurance brokers, addressing workforce shortages and inefficiencies.
Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance EmailsAllstate has shifted claims email writing to an AI system to enhance empathy and accuracy.
How to Estimate the ROI of Intelligent Automation Platforms for InsuranceEstimating ROI for automation platforms is essential for informed investment decisions in the insurance industry.
Insurance giant finds claims rep that gives a damn (it's AI)Allstate uses AI to create more empathetic communication in insurance claims, improving customer experience compared to human reps.
Belgian insurer buys Sheilas' Wheels owner Esure in 1.3bn dealAgeas will acquire Esure for £1.3 billion, creating the UK's third-largest home and motor insurer amidst growing market demand.
I bought a Cybertruck for my business. After receiving threats, I paid over $400 to teach my staff self-defense.Vanessa Voss experienced severe online harassment linked to her business's marketing decision of purchasing a Cybertruck.
HK$150,000 in cash stolen from AXA office at Times Square in Hong KongA major burglary at AXA resulted in losses of up to HK$150,000, affecting over 200 employees.
Here's how to figure out how much insurance you needInsurance needs vary significantly with life changes, such as marriage or homeownership.Regular reassessment of insurance policies is essential to ensure adequate coverage.
The Six Biggest Factors Causing Americans' Car Insurance to SkyrocketInsurance premiums are rising sharply, with rates in 2024 at 33% above 2021 levels.Key factors driving this increase include supply chain disruptions, heightened theft rates, and inflation.
Here's how to figure out how much insurance you needInsurance needs vary significantly with life changes, such as marriage or homeownership.Regular reassessment of insurance policies is essential to ensure adequate coverage.
The Six Biggest Factors Causing Americans' Car Insurance to SkyrocketInsurance premiums are rising sharply, with rates in 2024 at 33% above 2021 levels.Key factors driving this increase include supply chain disruptions, heightened theft rates, and inflation.
Tesla Insurance Rates Set To Spike As Cars Become Vandalism TargetsTesla car ownership is becoming riskier, leading to potential insurance rate increases due to rising vandalism.Vandalism of Teslas is politically motivated, targeting CEO Elon Musk rather than car owners.
Tesla launches massive promotion in China for FSDIncreased vandalism against Tesla vehicles could lead to higher insurance rates or even refusal of coverage.
Tesla insurance has always been pricey. Will vandalism make it higher?Rising vandalism against Teslas could potentially raise insurance premiums in the future.Tesla owners currently experience higher insurance costs due to the vehicles' repair expenses.
Could Tesla vandalism fuel higher insurance prices?Increasing vandalism against Tesla vehicles could lead to higher insurance rates or loss of coverage.
Tesla rolls out latest Safety Score update-Here's what's newTesla has updated its insurance program's Safety Scores to beta version 2.2 to improve driving metrics and determine insurance premiums.
Sounds Like Insurance on Teslas Is Going to Skyrocket Because of All the VandalismRising vandalism against Teslas may lead to higher insurance rates for these vehicles.
Tesla Insurance Rates Set To Spike As Cars Become Vandalism TargetsTesla car ownership is becoming riskier, leading to potential insurance rate increases due to rising vandalism.Vandalism of Teslas is politically motivated, targeting CEO Elon Musk rather than car owners.
Tesla launches massive promotion in China for FSDIncreased vandalism against Tesla vehicles could lead to higher insurance rates or even refusal of coverage.
Tesla insurance has always been pricey. Will vandalism make it higher?Rising vandalism against Teslas could potentially raise insurance premiums in the future.Tesla owners currently experience higher insurance costs due to the vehicles' repair expenses.
Could Tesla vandalism fuel higher insurance prices?Increasing vandalism against Tesla vehicles could lead to higher insurance rates or loss of coverage.
Tesla rolls out latest Safety Score update-Here's what's newTesla has updated its insurance program's Safety Scores to beta version 2.2 to improve driving metrics and determine insurance premiums.
Sounds Like Insurance on Teslas Is Going to Skyrocket Because of All the VandalismRising vandalism against Teslas may lead to higher insurance rates for these vehicles.
I became a widow at 46. I wish I had been more financially prepared.Life insurance provided crucial financial support after my husband's death, highlighting the importance of financial preparedness and planning for the unexpected.
Dear Abby: My soulmate is broke - so I don't know if we should get marriedA significant financial concern should be addressed before deciding to marry, especially if a similar issue contributed to a past divorce.
If Trump guts NOAA, your home insurance premiums could spikeNOAA data is essential for weather forecasting and private sector industries, particularly insurance, to assess climate risks and set premiums.
How We Rebuild: What Comes After the LA Fires | KQEDVeteran wildfire survivors provide crucial insights to new recruits on rebuilding and safety.California faces extreme weather events and challenges that will redefine disaster recovery and insurance.
A Personal Finance Reporter Ponders His Own Climate Change RiskClimate change is reshaping real estate decisions, impacting property values, insurance availability, and long-term livability concerns.
Disasters spur investment in flood and fire risk techClimate change increases flood risk, impacting homeowners' safety and peace of mind. Individuals need to better assess and understand these risks.
Home Values To Plunge in 'Climate Abandonment' Zones-Here's Where To Buy InsteadClimate abandonment zones will face declining home values and rising insurance costs, while climate-resilient areas will experience stability and value growth.
Insurance Coverage for Homes Along the Coast Puts Owners Under Pressure-but It's No 'Reason for Panic'Rising property insurance costs are impacting coastal homeowners, prompting legislative attention in the Northeast.
If Trump guts NOAA, your home insurance premiums could spikeNOAA data is essential for weather forecasting and private sector industries, particularly insurance, to assess climate risks and set premiums.
How We Rebuild: What Comes After the LA Fires | KQEDVeteran wildfire survivors provide crucial insights to new recruits on rebuilding and safety.California faces extreme weather events and challenges that will redefine disaster recovery and insurance.
A Personal Finance Reporter Ponders His Own Climate Change RiskClimate change is reshaping real estate decisions, impacting property values, insurance availability, and long-term livability concerns.
Disasters spur investment in flood and fire risk techClimate change increases flood risk, impacting homeowners' safety and peace of mind. Individuals need to better assess and understand these risks.
Home Values To Plunge in 'Climate Abandonment' Zones-Here's Where To Buy InsteadClimate abandonment zones will face declining home values and rising insurance costs, while climate-resilient areas will experience stability and value growth.
Insurance Coverage for Homes Along the Coast Puts Owners Under Pressure-but It's No 'Reason for Panic'Rising property insurance costs are impacting coastal homeowners, prompting legislative attention in the Northeast.
Next Insurance gets scooped up by Munich Re for $2.6B | TechCrunchMunich Re will acquire Next Insurance for $2.6 billion, enhancing its digital insurance efforts for small businesses.
Franco-Swiss fintech company GRACE secures 5.9MGRACE secures €5.9M seed funding to offer luxury brands enhanced theft and loss protection.
Grace raises 5.9 million seed to offer insurance to luxury goods | TechCrunchGrace secures $6.4 million in seed funding to enhance insurance for luxury goods with innovative technology and partnership opportunities.
Next Insurance gets scooped up by Munich Re for $2.6B | TechCrunchMunich Re will acquire Next Insurance for $2.6 billion, enhancing its digital insurance efforts for small businesses.
Franco-Swiss fintech company GRACE secures 5.9MGRACE secures €5.9M seed funding to offer luxury brands enhanced theft and loss protection.
Grace raises 5.9 million seed to offer insurance to luxury goods | TechCrunchGrace secures $6.4 million in seed funding to enhance insurance for luxury goods with innovative technology and partnership opportunities.
Florida Condos in Jeopardy of Having Insurance Yanked Under Proposed Law if Buildings Don't Meet RequirementsFlorida's proposed bill threatens condo associations with insurance loss for failing to meet new safety requirements.Majority of Florida condos have not complied with mandated safety studies and may face insurance issues.
I bought my first house in Florida. I would've been better off if I'd done these 5 things beforehand.Homeownership in Florida comes with limited insurance options and unexpected costs.
Insurer rebuts new attorney general's claim he secured $30 million to resolve fraud claimUniversal Property & Casualty Insurance Corp. will repay over $30 million for fraudulent claims associated with Hurricane Irma, following a whistleblower investigation.
Florida Condos in Jeopardy of Having Insurance Yanked Under Proposed Law if Buildings Don't Meet RequirementsFlorida's proposed bill threatens condo associations with insurance loss for failing to meet new safety requirements.Majority of Florida condos have not complied with mandated safety studies and may face insurance issues.
I bought my first house in Florida. I would've been better off if I'd done these 5 things beforehand.Homeownership in Florida comes with limited insurance options and unexpected costs.
Insurer rebuts new attorney general's claim he secured $30 million to resolve fraud claimUniversal Property & Casualty Insurance Corp. will repay over $30 million for fraudulent claims associated with Hurricane Irma, following a whistleblower investigation.
How to Cut Your Healthcare Costs Without Sacrificing CareHealthcare costs for the average American exceed $10,000 annually while out-of-pocket expenses continue to rise, prompting the need for cost-reducing strategies.
Ready to Retire? 3 Must-Know Questions You Can't Afford to SkipPrioritize planning for healthcare costs to secure financial stability in retirement.
How to Cut Your Healthcare Costs Without Sacrificing CareHealthcare costs for the average American exceed $10,000 annually while out-of-pocket expenses continue to rise, prompting the need for cost-reducing strategies.
Ready to Retire? 3 Must-Know Questions You Can't Afford to SkipPrioritize planning for healthcare costs to secure financial stability in retirement.
Cyber Monitoring Centre develops hurricane scale to count cost of cyber attacks | Computer WeeklyA new initiative will categorize cyber attack impacts using a hurricane-inspired five-point scale.
Cyber criminals widen the net to target tradespeopleCyber attacks are a significant threat for tradespeople, with 61% reporting past victimization.Phishing is the most common attack, yet many tradespeople remain unconcerned about cyber threats.
Cyber Monitoring Centre develops hurricane scale to count cost of cyber attacks | Computer WeeklyA new initiative will categorize cyber attack impacts using a hurricane-inspired five-point scale.
Cyber criminals widen the net to target tradespeopleCyber attacks are a significant threat for tradespeople, with 61% reporting past victimization.Phishing is the most common attack, yet many tradespeople remain unconcerned about cyber threats.
How Maruti Techlabs Simplified Medicare Policy Sales for HealthPro Insurance, Cutting Processing Time by 50% | HackerNoonHealthPro Insurance aimed to automate data management to enhance efficiency and accuracy, addressing laborious manual processes that hindered agent productivity.
Transforming Insurance Data Management: Khushmeet Singh's Leadership in Cloud Data Warehousing | HackerNoonThe Insurance Data Warehouse project exemplifies a successful modern cloud architecture in the insurance sector, overcoming significant data management challenges.
How Maruti Techlabs Simplified Medicare Policy Sales for HealthPro Insurance, Cutting Processing Time by 50% | HackerNoonHealthPro Insurance aimed to automate data management to enhance efficiency and accuracy, addressing laborious manual processes that hindered agent productivity.
Transforming Insurance Data Management: Khushmeet Singh's Leadership in Cloud Data Warehousing | HackerNoonThe Insurance Data Warehouse project exemplifies a successful modern cloud architecture in the insurance sector, overcoming significant data management challenges.
My $30,000 health insurance claim was denied. Then I tweeted about itInsurance denial can occur even in clear medical situations, leading to frustration.Social media can effectively resolve issues with healthcare insurance disputes.
3 Reasons You Should Reevaluate Your Medicare Advantage Plan Every Year in RetirementRegularly evaluate your Medicare Advantage coverage to adapt to changes in health needs and plan costs.Medicare Advantage plans offer extra benefits that can enhance your healthcare without increasing out-of-pocket costs.
The New Reality of Hospital-Payer Contracts: How Baptist Health Negotiated with Florida Blue - MedCity NewsHealthcare contract negotiations between providers and insurers are increasingly complex and require strategic preparation.
Medicare for AllExpanding Medicare could provide universal health coverage, but it faces significant cost and industry impact challenges.
A law in New York pushes doctors to be upfront about patients' costsPatients often sign financial responsibility forms without knowing costs, leading to potential debt.New York's law to protect consumers from financial risk faced opposition from healthcare providers.
Feds challenge MultiPlan price-fixing defenseMultiPlan's algorithmic pricing practices potentially violate antitrust laws by inflating out-of-network treatment costs for patients.
My $30,000 health insurance claim was denied. Then I tweeted about itInsurance denial can occur even in clear medical situations, leading to frustration.Social media can effectively resolve issues with healthcare insurance disputes.
3 Reasons You Should Reevaluate Your Medicare Advantage Plan Every Year in RetirementRegularly evaluate your Medicare Advantage coverage to adapt to changes in health needs and plan costs.Medicare Advantage plans offer extra benefits that can enhance your healthcare without increasing out-of-pocket costs.
The New Reality of Hospital-Payer Contracts: How Baptist Health Negotiated with Florida Blue - MedCity NewsHealthcare contract negotiations between providers and insurers are increasingly complex and require strategic preparation.
Medicare for AllExpanding Medicare could provide universal health coverage, but it faces significant cost and industry impact challenges.
A law in New York pushes doctors to be upfront about patients' costsPatients often sign financial responsibility forms without knowing costs, leading to potential debt.New York's law to protect consumers from financial risk faced opposition from healthcare providers.
Feds challenge MultiPlan price-fixing defenseMultiPlan's algorithmic pricing practices potentially violate antitrust laws by inflating out-of-network treatment costs for patients.
Tabit Insurance Raises $40 Million Bitcoin-Funded Insurance FacilityTabit Insurance has pioneered the use of Bitcoin for regulatory reserves, aiming to innovate the insurance sector.
Valon partners with VIU by HUB on instant home insurance quotesPartnership improves homeowner insurance experience and transparency.Integration allows for comparison of rates and alerts on policy renewals.
Tabit Insurance Raises $40 Million Bitcoin-Funded Insurance FacilityTabit Insurance has pioneered the use of Bitcoin for regulatory reserves, aiming to innovate the insurance sector.
Valon partners with VIU by HUB on instant home insurance quotesPartnership improves homeowner insurance experience and transparency.Integration allows for comparison of rates and alerts on policy renewals.
EIOPA Publishes Consultation on Opinion on AI Governance and Risk Management | Data Matters Privacy BlogEIOPA's Opinion outlines governance and risk management principles for AI systems in insurance, emphasizing responsible use and risk assessment.
Which insurance should you choose? A quick guide on the coverage you needUnderstanding the balance between social benefit and profit is crucial in evaluating personal insurance needs.
Letters: If insurers can't make money in California, they will leaveInsurance companies prioritize profitability; without it, they abandon high-risk areas, burdening homeowners.California must adequately fund critical water projects, respecting voter intentions and ensuring project feasibility.
EIOPA Publishes Consultation on Opinion on AI Governance and Risk Management | Data Matters Privacy BlogEIOPA's Opinion outlines governance and risk management principles for AI systems in insurance, emphasizing responsible use and risk assessment.
Which insurance should you choose? A quick guide on the coverage you needUnderstanding the balance between social benefit and profit is crucial in evaluating personal insurance needs.
Letters: If insurers can't make money in California, they will leaveInsurance companies prioritize profitability; without it, they abandon high-risk areas, burdening homeowners.California must adequately fund critical water projects, respecting voter intentions and ensuring project feasibility.
The Heathrow fire forced my flight to turn back to LA after 5 hours. Here's my biggest takeaway.Heathrow Airport's shutdown due to a fire highlights vulnerabilities in critical infrastructure.
After Colorado Wildfires, Two Families Saw Different Insurance OutcomesInsurance claims following disasters can vary greatly between individuals, affecting recovery and rebuilding efforts.
Arizona proposes law that would shift wildfire liability from utilities to insurers | TechCrunchArizona lawmakers are considering a bill that limits utility liability for wildfire damages, potentially raising costs for homeowners and the insurance industry.
4 Californians lost their homes in a wildfire. 6 years later, the nightmare isn't over.Rebuilding after a wildfire is extremely challenging due to underinsurance, permitting delays, and emotional stress.Homeowners often face bureaucratic hurdles that complicate the rebuilding process.
After Colorado Wildfires, Two Families Saw Different Insurance OutcomesInsurance claims following disasters can vary greatly between individuals, affecting recovery and rebuilding efforts.
Arizona proposes law that would shift wildfire liability from utilities to insurers | TechCrunchArizona lawmakers are considering a bill that limits utility liability for wildfire damages, potentially raising costs for homeowners and the insurance industry.
4 Californians lost their homes in a wildfire. 6 years later, the nightmare isn't over.Rebuilding after a wildfire is extremely challenging due to underinsurance, permitting delays, and emotional stress.Homeowners often face bureaucratic hurdles that complicate the rebuilding process.
Hailstorms are the new hurricanes when it comes to insuranceHailstorms pose significant financial risks to homeowners and insurers, with future projections indicating an alarming increase in affected properties and reconstruction costs.
Legal Battle Pits Bay Area Counties Against Trump Administration Over Sanctuary Policies | KQEDThe article discusses tensions over federal versus state power, highlighted by State Farm's rate hikes due to financial strain from wildfire claims.
What to Do With Insurance Company Therapy DenialsInsurance barriers significantly hinder psychotherapy effectiveness and patient recovery.
Can AI fix dental billing? Overjet's new network hopes to make pricing clearOverjet's Dental Clarity Network aims to provide real-time dental procedure cost estimates, reducing unexpected bills for patients.
What to Do With Insurance Company Therapy DenialsInsurance barriers significantly hinder psychotherapy effectiveness and patient recovery.
Can AI fix dental billing? Overjet's new network hopes to make pricing clearOverjet's Dental Clarity Network aims to provide real-time dental procedure cost estimates, reducing unexpected bills for patients.
'If my mother's home help has an accident on our property, are they covered by the farm insurance?'Home insurance coverage might not include liability for injuries caused by hired help on the farm.
Wildfires put 4 million-plus homes at riskWildfire risk is increasing across the U.S., affecting homes in the Midwest and South.Homeowners face rising insurance costs, with many underinsured as wildfires threaten more properties.
Lloyd's of London braces for $2.3bn loss from California wildfiresLloyd's of London expects $2.3 billion losses from Californian wildfires, impacting profits but not capital reserves.
Wildfires put 4 million-plus homes at riskWildfire risk is increasing across the U.S., affecting homes in the Midwest and South.Homeowners face rising insurance costs, with many underinsured as wildfires threaten more properties.
Lloyd's of London braces for $2.3bn loss from California wildfiresLloyd's of London expects $2.3 billion losses from Californian wildfires, impacting profits but not capital reserves.
Phone thefts rise with over 1,000 stolen each week In London - London Business News | Londonlovesbusiness.comPhone thefts in London rose by 34% in 2024, totaling over 70,000 incidents.The crime has significantly impacted Londoners financially, costing an estimated £70 million in phone replacements.
EVs Are Getting Cheaper To RepairEV repair costs are comparable to newer ICE vehicles, dispelling fears of excessive repair expenses.EV repair costs average $6,236 with a 3% annual decrease.
Anger as UK drivers face 2,500 fines for avoiding potholesAvoiding potholes can result in criminal liability for drivers, highlighting a need for clearer regulations.
Some Insurers Pledge to Ease Burden on L.A. Fire Victims, but Others Say NoMany California insurers will pay 75% of contents coverage for wildfire victims without itemizing losses, but major player State Farm declined to comply.
AmTrust Title appoints James Gosdin as head of direct underwritingJim Gosdin joins AmTrust Title as a senior leader to enhance underwriting capabilities and support future company growth.
Housing market map: How much home insurance is expected to rise by 2055Homeowners in some regions may struggle to find home insurance, impacting mortgage availability due to climate risks.Federal Reserve Chair warns about future uninsurability in coastal and fire-prone areas.
Feb 28: Brooklyn Black History Maker, Ernesta G. ProcopeErnesta Procope championed insurance access in underserved communities, leading to landmark legislation that transformed the industry.
Are You Overpaying for Your Brooklyn Brownstone Insurance?Brooklyn brownstone owners may be overpaying for unnecessary insurance coverage due to rigid policy structures.
Health insurance agency laying off 196, closing Sunrise headquartersEnhance Health LLC is laying off 196 workers and closing its headquarters after being accused of defrauding Obamacare enrollees.
Health Insurance in AmericaThe U.S. healthcare system's reliance on employer-provided insurance leads to significant gaps in coverage for many individuals.
Silent budget killer: 11 things impacting your mortgage - London Business News | Londonlovesbusiness.comBe aware of hidden costs eroding your dream home budget.Opt for fixed-rate mortgages to avoid unexpected interest hikes.Remove PMI by achieving 20% equity in your home.Challenge property tax assessments to prevent financial surprises.
IVF insurance startup Future Family promises a baby or your money back | TechCrunchFuture Family offers IVF insurance to alleviate financial burdens of in vitro fertilization with a money-back guarantee.
New Brunswick driver gets a $4,600 fine for an accident that happened 65 years ago | CBC NewsAn 85-year-old man's license was suspended due to a decades-old uninsured accident claim he cannot recall.
Electric scooters blamed for the rise in children being caught with no vehicle insurance - London Business News | Londonlovesbusiness.comElectric scooters are linked to a rise in uninsured use among children.The government is urged to implement legislation for private e-scooters.
Help! Our Paris Rental Apartment Was Robbed and Airbnb Won't Compensate Us.Airbnb failed to compensate for a robbery incident despite advertised insurance coverage, causing frustration for the traveler.