California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk. Thousands of homeowners now rely on the California FAIR Plan for ...
Rating pressure for the global insurance sector should stay limited if the Iran conflict remains short and avoids major damage to oil production or shipping infrastructure. Fitch Ratings expects ...
96% of US households carry no flood insurance, even as flooding ranks among the most frequent and costly natural disasters nationwide. Titan Flood, an AI-enabled flood insurance platform, has launched ...
Ancient Financial, a newly formed financial services company focused on life and annuity reinsurance and asset management, has signed a definitive agreement to acquire F&G Life Re from a subsidiary of ...
UK motor and home insurers expect to make largest annual loss in well over a decade this year, with further losses forecast. This is all reported in the EY’s newest UK Motor and Home Results Analysis.
OpenAI has approved the first insurance provider-built AI application to operate inside ChatGPT, clearing the way for real-time insurance distribution within a conversational interface. The app was ...
After two bruising years, auto insurance pricing turned. The average annual cost of full-coverage fell 6% in 2025 to $2,144, according to Insurify. US auto insurance rates declined in 39 states? and 8 ...
Swiss nanotechnology startup Chiral has closed a €10 mn Seed round to advance scalable nanomaterial integration for semiconductor and quantum devices. The round was led by Crane Venture Partners, with ...
Pension Insurance Corporation, a UK-based specialist insurer that provides bulk annuity policies to defined benefit pension schemes, has completed a £155 mn buy-in transaction with the trustee of ...
Global insurance and reinsurance intermediary Howden Group has raised approximately $703 mn in gross proceeds through an add-on issuance to its existing senior notes, expanding funding capacity for ...
Mike Yaworsky, a Florida’s Insurance Commissioner, approved another round of auto insurance rate reductions as Florida moves toward 2026. USAA filed for an average 7% decrease in personal auto rates, ...
Pasito, a U.S.-based insurtech that provides an AI-native workspace for group health, life, and retirement benefits, has raised $21 mn in Series A funding as it pushes to remove manual work across ...