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California Insurance Commissioner Dave Jones has approved a license for States Title, the first insurtech title insurer licensed and domiciled in California. States Title Insurance Company of California will use data-driven technology to predict the risk and severity of a …

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” to newly established, Bermuda-based, S.A.C. Re, Ltd., both with stable outlooks. The ratings for SAC Re are based on its “excellent risk-adjusted …