Industry News
Canopy Connect Raises $6.5M in Series A Funding Round
Canopy Connect, a platform for collecting, verifying, and monitoring insurance information, announced it closed a $6.5M series A funding round to accelerate growth and increase product velocity. ...
The Latest Launches from Xceedance, Augment Risk
Xceedance, a global provider of strategic operations support, technology, and data services to insurance organizations, announced the launch of burst capacity catastrophe modeling resources to ...
Fla. Insurers Imposing New Limits on Amounts Spent to Match Appearance; Kentucky Clarifies Law
Matching requirements for roofs and interior furnishings have been a tough issue in the property insurance industry for years. Recent developments show how insurers and regulators in different ...
‘Urgent Need’ to Understand Single Points of Failure in Digital Supply Chains: Report
The rise of cyber risk accumulation events has highlighted the need for cyber insurers and reinsurers to understand single points of failure (SPoFs) within their customers' digital supply chains, ...
App-Based Auto Insurer Fined More Than $2M for Mishandling Claims in California
The California Department of Insurance (CDI) announced two settlement agreements with Go Maps Inc. and its insurance underwriter, Topa Insurance Company after an investigation revealed consumer ...
‘Forever Chemical’ Bans Face Hard Truth: Many Can’t Be Replaced
As lawmakers around the world weigh bans of cancer-linked "forever chemicals," many manufacturers are pushing back, saying there often is no substitute for the compounds. Minnesota and Maine have ...
Fugees Rapper Says Lawyer’s Use of AI Helped Tank His Case, Pushes for New Trial
A multimillion-dollar conspiracy trial that stretched across the worlds of politics and entertainment is now touching on the tech world with arguments that a defense attorney for a Fugees rapper ...