Personal Lines
Climate Change Forcing Ocean Levels to Rise More Quickly Than Anticipated
Climate change is causing oceans to rise quicker than scientists' most pessimistic forecasts, resulting in earlier flood risks to coastal economies already struggling to adapt. The revised estimates ...
K2 Backs Reciprocral Exchange Seeking to Insure Florida Mobile Homeowners
Insurance services holding company K2 Insurance Services and New York based private equity firm Lee Equity Partners have formed American Mobile Insurance Exchange (AMIE), a reciprocal exchange that ...
Insurance Verification Platform TrustLayer Raises $6.6M
TrustLayer, developer of a proof-of-insurance risk management platform, has raised $6.6 million in seed funding from venture investors, insurance agencies and others. "We're honored to have the ...
The Latest Launches From Insurity and Neptune Flood
Insurity, a provider of cloud-based software for carriers, brokers and MGAs, said it has expanded its system integrator partners. Neptune Flood formed a new partnership that will expand the reach of ...
Aviva Investors Might Ditch Holdings in Biggest Carbon Emitters Over Climate Inaction
Aviva Investors said on Monday it could ditch its stock and bond holdings in 30 of the world's biggest corporate emitters of carbon if their boards failed to take sufficient action over climate ...
Metromile Attracts $50M Investment From Uber Vet as Reverse Merger Plans Finalize
Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained regulatory approval to formalize a reverse merger deal that will make it a publicly-traded ...
The Latest Launches From Trov and National General
Insurance technology company Trov is partnering with a sustainable digital car rental platform. Allstate-owned National General Holdings Corp. expanded its private flood insurance product into a ...
Executives On The Move at AXIS Re and Coalition
AXIS Re appointed a new head of AXIS Re's Reinsurance Products division. Coalition has appointed five new production underwriters to help grow and serve the company's middle market relationships.
Rent Security Deposit Insurance Startup Raises $95M
New York City-based InsurTech Rhino recently pulled in $95 million in new financing, money that will propel growth of its security deposit insurance business. Investment firm Tiger Global Management ...