Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies …
Louisiana insurance regulators have proposed separate pieces of legislation that would promote the writing of private flood insurance in the state and increase penalties associated with staged auto accidents. A third bill would expand the authority of the insurance commissioner …
Swiss Re has entered into a strategic partnership with ICEYE, a commercial satellite operator and satellite-based flood monitoring provider. Building on ICEYE’s innovative technology, the partnership will advance flood risk management, assist disaster response and speed up claims’ payments globally …
Neptune Flood, an AI-driven flood insurance company, has partnered with Acadian Managers (Acadian) to offer flood insurance coverage through Acadian’s network of independent agents to homeowners throughout Louisiana. Acadian is a general agency providing property coverage through State National Fire …
FEMA has made available for review Preliminary Flood Insurance Rate Maps (FIRMs) for certain municipalities and unincorporated areas in northwest Arkansas. The maps cover Elm Springs, Elkins, Farmington, Fayetteville, Greenland, Johnson, Springdale, West Fork, Tontitown, Winslow, Lincoln, Prairie Grove, Goshen; …
Torrent Technologies, a flood insurance technology and servicing company and part of Marsh, has formed an agreement with Palomar Specialty Insurance Co. to provide Torrent’s Write-Your-Own (WYO) carrier clients and their agents new, admitted private flood insurance options. Under the …
After launching in Florida as a flood insurer in 2016 and expanding into the homeowners market in 2018, TypTap Insurance Co. has officially started the process of becoming a nationwide company. The technology-driven insurer and subsidiary of HCI Group launched …
When house hunting, the price of homeowners insurance probably isn’t top of mind. But homes with hidden risks can make getting coverage difficult, expensive or both. Learning how to identify them could save a homeowner a bundle. This could be …
Hurricane Sally is not expected to cause a major insurance loss – compared to events such as the ongoing wildfires in California, Oregon, and Washington, or Hurricane Laura, according to AM Best. As the storm was more of a flood …
Neptune Flood, an AI-driven flood insurance company, has expanded its flood insurance products to now include all NFIP product types. Neptune, which has previously offered flood insurance for one to four family homes, and main street businesses, now offers a …
