How a Startup Plans to Offer Coverage to High-Risk Homeowners Dropped by Big Insurers

San Francisco company Stand exits stealth mode with a plan—and funding—to offer $2 billion in fire insurance to California property owners left without coverage by legacy insurers.

Topics

Fewer than half of Latinos in the U.S. have adequate health insurance coverage

Latinos in the United States are less likely to have adequate health insurance than Americans overall, according to a new survey from health research nonprofit The Commonwealth Fund. The ...
The Hill - 1d
Your home insurance costs more in high-risk areas. Your mortgage should, too.

Fannie Mae and Freddie Mac don’t factor climate change into rates. More frequent floods, hurricanes and wildfires raise systemic default risk.
MarketWatch - 4d
Insurance companies pull back wildfire coverage in California

Increasingly intense wildfires have become more common in California, upending the lives of thousands. Many insurers are dwindling coverage options, leaving several homes in danger. Business ...
CBS News - 5d
BoE plans tougher liquidity rules for insurers following ‘critical gaps’

Mini-budget and pandemic showed need for more frequent reporting, regulator says
Financial Times - Dec. 11
L.A. Times Owner Plans ‘Bias Meter’ Next to Coverage

Dr. Patrick Soon-Shiong said that he planned to introduce the tool, which he said would appear next to the paper’s news articles and opinion pieces, in January.
The New York Times - Dec. 6
How climate risks are driving up insurance premiums around the US – visualized

‘Tight correlation’ between premium rises and counties deemed most at risk from climate crisis, experts say. Concern over the climate crisis may evaporate in the White House from January, but its ...
The Guardian - Dec. 5
Moment of big opportunity and high risk for Marine Le Pen

Backing the collapse of Michel Barnier's French government is a high-stakes gamble for the far right leader.
BBC News - Dec. 4
How a Buzzy Startup Made the iPhone of Beehives to Protect Pollinators

Beewise’s AI and robotics-powered BeeHome has the potential to fortify the global food supply by keeping bees healthy.
Inc. - Dec. 2
How AI Tools Are Revolutionizing Startup Launch Strategies

From lower costs to new founder skills, accessible AI is transforming how startups go from idea to market.
Inc. - Dec. 1