New Mexico House Bill 527, sponsored by Rep. Cristina Parajón, a Democrat from Bernalillo, aims to mandate health insurance providers to cover medical cannabis costs. This legislation seeks to amend the state's health insurance codes to include medical cannabis under coverage offered by
March 13, 2025The blockchain in insurance market is experiencing rapid growth, projected to escalate from $1.94 billion in 2024 to $3.11 billion in 2025, with a remarkable compound annual growth rate (CAGR) of 60.1%. This explosive increase is attributed to several key factors including enhanced fraud
March 12, 2025Insurers are increasingly playing a pivotal role in facilitating the green transformation of businesses. With the urgent need to address climate change and the shift towards sustainable energy sources like wind, solar, and geothermal power, the insurance industry is stepping up to support this
March 12, 2025Insurers are playing a crucial and multifaceted role in the global shift towards renewable energy sources. The significance of this shift extends beyond the environmental necessity, evolving into a robust business strategy with tangible economic benefits. Insurance companies are stepping up by
March 6, 2025New Dawn Risk, a prominent independent Lloyd's insurance broker specializing in professional and financial lines and cyber insurance, has taken a significant leap towards modernization with the adoption of Novidea's cloud-native, data-driven insurance management platform. This strategic
March 6, 2025Indian insurtech start-up InsuranceDekho has garnered attention with its successful procuring of $70 million in a significant funding round spearheaded by influential investors MUFG, BNP Paribas Cardif, and Beams Fintech Fund. Since its establishment in 2017, the company has leveraged AI technology
March 5, 2025