Insurance Startup Uses AI To Offer Coverage in High-Risk California and Florida

ALTADENA, CALIFORNIA - JANUARY 19: An aerial view of homes which burned in the Eaton Fire on January 19, 2025 in Altadena, California. Multiple wildfires which were fueled by intense Santa Ana Winds have burned across Los Angeles County leaving at least 27 dead with over 180,000 people having been under evacuation orders. Over 12,000 structures, many of them homes and businesses, burned in the Palisades and Eaton Fires. (Photo by Mario Tama/Getty Images)

A San Francisco-based insurance company leveraging artificial intelligence promises to reshape home insurance in parts of the U.S. facing some of the worst climate risks.  In 2024, a group of Silicon Valley tech veterans launched Stand Insurance, using what the company describes as physics-based AI models to underwrite policies and create customized fire resilience plans … Read more