policy language News

Insurance AI Firm RiskGenius Reports Additional Financing

RiskGenius, which provides natural language tools for improving the quality and accuracy of insurance policies, has completed a Series B financing led by Hudson Structured Capital Management. The company said it has also expanded partnerships with insurance carriers Everest Insurance, …

Policy Language Leads to $200K Loss for Insurer in Michigan Lawsuit

A dispute over four words will cost an insurance company about $200,000. A federal appeals court in Michigan has ruled in favor of a man in the Grand Rapids area who suffered serious injuries during a motorbike crash in 2013. …

Agent, Cyber-Educate Yourself – and Your Clients

A recent report showing that cyber insurance premiums will grow globally from $2 billion annually to more than $20 billion over the next 10 years reinforces what most in the insurance industry already know: cyber risks are a big deal …