WPTV

WEST PALM BEACH, Fla. — A San Francisco-based insurance company is bringing artificial intelligence technology to Florida's insurance market, offering a new approach to policy writing as the state continues to grapple with coverage challenges.

Stand Insurance has received approval from the Office of Insurance Regulation and plans to begin making takeout offers to Citizens Property Insurance policyholders starting in December.

WATCH BELOW: New AI-driven insurance company enters Florida market New AI-driven insurance company enters Florida market

The company got its start writing policies in wildfire-prone California, applying what it describes as physics-based models to assess how structures can withstand weather events. Stand is now bringing that same approach to Florida's hurr

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