California

Nirvana Insurance lands $80m Series C funding 

AI-powered trucking insurer Nirvana Insurance has raised $80m in a Series C financing round, at an approximate valuation of $850m.   This…

MAPFRE RE and CyberCube partner to address cyber risk 

MAPFRE RE, the reinsurer of MAPFRE Group, is to license CyberCube’s solutions under a three-year agreement with the cyber risk analytics…

CIWA introduces initiatives to drive professional and tech advancements  

The California Insurance Wholesalers Association (CIWA), an insurance trade body, has introduced two initiatives – CIWA Women and an Insurtech…

Falcon Insurance Group adopts Liberate Voice AI FNOL  

Falcon Insurance Group has selected Liberate Voice AI FNOL to modernise its first notice of loss (FNOL) process, aiming to…

Specialty Risk Re secures $50m in funding  

Collateral reinsurance company Specialty Risk Re (SRR) has closed a $50m (£39.52m) institutional funding round led by NMS Capital Group.  …

California seeks $1bn from insurers to strengthen FAIR Plan 

California Department of Insurance (CDI) Commissioner Ricardo Lara has requested $1bn in additional funds from the commission's member insurers to…

ZestyAI’s Z-FIRE wildfire risk model now filing-ready in California 

Climate and property risk analytics provider ZestyAI has announced that its advanced wildfire risk model, Z-FIRE, is now filing-ready in…

Merchants Insurance Group adopts CLARA Analytics solutions 

Merchants Insurance Group has integrated CLARA Analytics' AI technology to streamline its auto liability claims process.   This covers the implementation…

One Inc announces new chairman of the board 

Insurance payments and software solutions provider One Inc has appointed Scott G. Stephenson as chairman of the board of directors.  …

California halts insurance non-renewals in wildfire areas 

The California Department of Insurance (CDI) has mandated all property insurance providers to halt any pending non-renewals and cancellations for…

Verisk submits wildfire catastrophe model for review in California

Verisk has officially requested a review of its wildfire catastrophe model by the California Department of Insurance (CDI), becoming the…

GoAuto taps One Inc to streamline payments 

Baton Rouge-Louisiana based insurer GoAuto has chosen insurance payments provider One Inc’s ClaimsPay and PremiumPay products.   This move is…

Inszone expands with Get Benefits Insurance buy 

Inszone Insurance has strengthened its capabilities in group benefits with the purchase of Ventura County, California-based Get Benefits Insurance Services. …

Relation Insurance buys Business Aviation Insurance Services 

Insurance brokerage Relation Insurance Services has acquired the assets of Business Aviation Insurance Services (BAIS) for an undisclosed sum.  Based…

Alliant unveils government contractors insurance segment  

Alliant Insurance Services has launched a new Government Contractors segment within Alliant Specialty to deliver risk management and insurance solutions…

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