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Openly Secures $100 Million in Series D Funding

September 21, 2023

Insurtech homeowners insurer Openly said has raised $100 million in Series D funding, led by Eden Global Partners. There was additional participation in the round from a mix of current and new investors including Gradient Ventures, Clocktower Technology Ventures, Trinity …

https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance.png 512 512 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-09-21 10:19:422023-09-21 15:07:17Openly Secures $100 Million in Series D Funding

AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist

September 18, 2023

The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance costs. These market headwinds have led AM Best to revise …

https://www.maddoxinsured.com/wp-content/uploads/2023/09/AP-Louisiana-flooded-homes-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-09-18 10:35:292023-09-18 15:01:25AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist

Policygenius Finds Average Home Insurance Prices Up 21%

September 14, 2023

Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance during the time period analyzed by Policygenius …

https://www.maddoxinsured.com/wp-content/uploads/2023/09/homeowners_insurance-580x402-1.jpg 402 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-09-14 10:14:042023-09-14 15:13:23Policygenius Finds Average Home Insurance Prices Up 21%

Resources

  • US Small Business Administration
  • Shelby County TN Business Tax Division

Latest News

  • Allstate Records About $640M in August Cat Losses, Half From Maui WildfireSeptember 21, 2023 - 11:11 AM
  • Openly Secures $100 Million in Series D FundingSeptember 21, 2023 - 10:19 AM
  • Markets/Coverages: AmTrust Introduces Admitted Lawyers Professional LiabilitySeptember 21, 2023 - 9:29 AM
  • MGM Resorts Recovers From Cyberattack, but Still No Digital Room KeysSeptember 21, 2023 - 8:45 AM
  • John Grisham, Other Top Authors Sue OpenAI Over CopyrightsSeptember 21, 2023 - 1:31 AM
 

Maddox Insurance Agency

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

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Phone: (901) 335-0154
Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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