The Silicon Valley start-up's office is located in San Francisco's Mission District improvement zone. The Silicon Valley start-up's office is located in San Francisco's Mission District improvement zone. (Photo: Shutterstock)

California Insurance Commissioner Dave Jones has approved a license for States Title Insurance Company of California, the first InsurTech title insurer licensed and domiciled in California. States Title will use data-driven technology to predict the risk and severity of a title defect on a particular property, aiming to deliver title insurance more efficiently and at lower costs.

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