Insurer Responsible for Liability Claims Despite Uninsured Premises Exclusion March 13, 2020 By Elizabeth Blosfield The Massachusetts Supreme Judicial Court has ruled that an insurer is responsible for paying liability claims resulting from the improper...
Homeowners Insurtech Openly Expands Into Tennessee February 7, 2020 Openly Inc., an insurtech backed by Gradient Ventures, Google’s AI-focused venture fund, has gone live in Tennessee. The addition of...
Delaware Court Says Insurance Doesn’t Cover Attacker in School Fight January 31, 2020 By Randall Chase Delaware’s Supreme Court has overturned a judge’s ruling that an insurance company must extend liability coverage to a teenager who...
Branch Launches in Missouri, Offering Home, Auto Insurance January 23, 2020 Columbus, Ohio-based Branch has launched statewide in Missouri, offering home and auto insurance. Branch said using technology and automation it...
California Department of Insurance Issues Revised Plan of Operation for FAIR Plan December 19, 2019 Editor’s note: This story has been updated with comments from a FAIR Plan official. The battle between the California Department...
As California Thins Forests to Limit Wildfire Risk, Some Resist December 16, 2019 By Matthew Brown and Christina Larson Buzzing chainsaws are interrupted by the frequent crash of breaking branches as crews fell towering trees and clear tangled brush...
FedNat Completes Acquisition of 1347 Property Insurance Homeowners Operations December 4, 2019 FedNat Holding Company (FNHC), an insurance holding company, has completed its acquisition of the homeowners insurance operations of 1347 Property...
Up-Market Home Insurtech Openly Opens for Business in 2 States After Raising $7.6M November 26, 2019 By Andrew G. Simpson The tech-enabled high-end home insurance provider Openly announced it has begun selling in Illinois and Arizona at the same time...
California Commissioner Issues Emergency Notice to Expedite Wildfire Claims November 20, 2019 California Insurance Commissioner Ricardo Lara on Wednesday issued an emergency notice to all property/casualty insurers doing business in California requesting...
A.M. Best Says Insurers Challenged by ‘New Normal’ of California Wildfires October 31, 2019 While the number of burned acres in 2019 is still well below the number reported last year through October, experts...