News
NEXT Insurance Launches Commercial Umbrella/Excess Liability Coverage, Expands Liquor Liability
Digital small business insurer, NEXT, announced the launch of commercial umbrella/excess liability coverage in 41 states and the expansion of liquor liability coverage in seven additional states. The ...
CSU Forecasters Stress Uncertainty in Latest Hurricane Season Update
Forecasters from Colorado State University (CSU) stressed uncertainty in their latest outlook on Thursday for the current Atlantic hurricane season, even as they held steady the number of storms ...
Congress Deadlocked on New Railroad Safety Rules
Congress responded to the fiery train derailment in eastern Ohio earlier this year with bipartisan alarm, holding a flurry of hearings about the potential for railroad crashes to trigger even larger ...
Car Insurance Savings App Jerry Announces $110M C2 Funding Round
Jerry, a car insurance savings app, announced its series C2 funding round, securing $110 million in equity and debt financing. The up round allowed the company to double its AI-powered services for ...
Betterview, EagleView Launch Strategic Property Intelligence Partnership
InsurTechs Betterview and EagleView announced a strategic alliance. EagleView's aerial imagery will be integrated into Betterview's property intelligence platform to help insurers better understand a ...
Insuring the Future: How Gen Z Digital Natives Are Transforming Insurance
Generation Z insurance consumers – or those born between roughly 1997 and 2012 – want the insurance process to be authentic, honest, and immediate. That's according to guests on The Insuring ...
Progressive Maintains Strong Pricing/Reserving Stance Amid High Auto Costs, Catastrophe Losses
During a Q2 2023 earnings call this week, Progressive Corp. announced their earnings goals fell short of its combined ratio target of 96, as a result of catastrophe losses and increases in vehicle ...
Russia-Linked Hackers Behind Dozens of Microsoft Teams Phishing Attacks
A Russian government-linked hacking group took aim at dozens of global organizations with a campaign to steal login credentials by engaging users in Microsoft Teams chats pretending to be from ...