UpCover, Australia's only digital-first commercial insurance broking company, has successfully raised $19 million in its Series A funding round. This significant milestone marks a pivotal moment in UpCover's mission to disrupt the Australian commercial insurance sector. The funding effort,
In recent years, Americans have witnessed a troubling trend: natural disasters are becoming more frequent and severe, exacerbating the financial burden on individuals and the insurance industry. Hurricanes, wildfires, and extreme weather events have escalated in both number and intensity, largely
In recent years, the scrutiny and potential rollback of Medicaid expansion have intensified in several U.S. states, fueled by a political climate that prioritizes reducing federal spending. Originally, Medicaid, designed to provide public health insurance for low-income individuals, saw significant
Randy and Amy Bennett are on a mission to make mental health care accessible to everyone, regardless of their financial situation. Through their nonprofit organization, Second Act/Scene 2, they ensure individuals without insurance or those with insufficient coverage can receive the mental health
The Marsh Global Insurance Market Index for the fourth quarter of 2024 reveals significant shifts in global commercial insurance rates, reversing a seven-year trend of consistent rate increases. The overall global insurance rates declined by 2%, marking the second consecutive quarterly decrease.
In today's volatile market, commercial property owners face numerous challenges in securing comprehensive insurance coverage. Escalating property values, tighter insurance markets, and the pervasive effects of climate change have made it increasingly difficult to protect financial stability. With
