News
Novidea Secures Additional $30M, Bringing Total Series C to $80M
Novidea, a creator of a cloud-based, data-driven enterprise insurance management platform, announced it has raised an additional $30 million from HarbourVest Partners, bringing its total Series C ...
Despite Break in Car Prices, Soaring Insurance Costs Hit U.S. Buyers
A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he ...
Pennsylvania Issues ‘Expectations’ for Carriers Regarding AI Use
Pennsylvania has issued guidance for insurance companies' use of artificial intelligence systems (AIS) based on a model adopted by the National Association of Insurance Commissioners (NAIC). The ...
Farmers Insurance Names Coleman President of Business Insurance
Farmers Insurance announced that Eric Coleman has joined the organization as president of Business Insurance, effective April 10. In this role, Coleman is responsible for leading commercial ...
After Quake, New York City Residents Reassured Skyscrapers Built to Withstand Shaking
The ground rumbled Friday beneath New York City, home to famous skyscrapers like the Empire State Building and One World Trade Center. Though buildings that can reach above 100 stories might seem ...
Executives on the Move at Lloyd’s
Lloyd's announced that Dawn Miller has been appointed as chief commercial officer of Lloyd's and CEO of Lloyd's Americas, and Marc Lipman has been appointed as president of Lloyd's Americas. Miller ...
Poll: Consumers OK With AI in P/C Insurance, but Not So Much for Claims and Underwriting
A poll to understand American consumers' attitudes toward artificial intelligence in the property/casualty insurance sector shows the strongest support for AI's use in ...
EPA Sets First U.S. Drinking Water Standards to Limit Toxic PFAS
About 100 million people will be exposed to fewer cancer-causing "forever chemicals" under the country's first-ever drinking water standards for PFAS finalized Wednesday by the EPA, White House ...