HOMEE, an Artificial Intelligence-driven direct repair network tailored for the Property and Casualty (P&C) insurance industry, has made a significant leap forward by successfully closing a Series C funding round, securing $12 million. This funding endeavor was headed by W.R. Berkley Corporation
Arch Capital Group Ltd has garnered substantial attention as it has been named the fastest-growing firm among the world's largest property and casualty insurers by S&P Global Market Intelligence. Based in Bermuda, Arch Capital saw a significant boost in its gross premiums earned, reaching $17.02
In a groundbreaking effort to tackle the rising tide of insurance fraud, the Home Office has teamed up with the insurance sector to launch a new charter aimed at addressing this pressing issue. Insurance fraud has become increasingly problematic, with the Association of British Insurers (ABI)
HCF, a prominent insurance firm, found itself under the legal microscope after a court ruling highlighted potential misleading conduct regarding its health insurance policies. The legal scrutiny arose from HCF falsely asserting that customers with pre-existing conditions could be denied coverage
In a shocking case that has captured the attention of many, four individuals recently appeared at the Motherwell Magistrate’s Court in Gqeberha, accused of committing murders tied to insurance payout schemes. This case has posed an unsettling question: are financial incentives driving people to
The year 2024 has marked a significant turning point for Canada, ushering in an era defined by record-breaking financial losses due to natural disasters. Canada has experienced over $7.6 billion in catastrophic damages, all driven by severe weather events such as storms, floods, and wildfires. This
