Zurich’s Australian unit to acquire ClearView Wealth for A$408 mn
Zurich’s Australian unit will buy ClearView Wealth for A$408.3m at 65 cents per share, a 21.5% premium, with board and majority shareholder backing
News
Nebraska bill targets Alzheimer’s insurance coverage gaps
Nebraska proposal would require insurers to cover FDA-approved Alzheimer’s tests and treatments, aiming to reduce step therapy barriers and out-of-pocket costs
Financial Conduct Authority sets 2026 insurance priorities, captive reform ahead in the UK
FCA launches first insurance Regulatory Priorities report, outlining captive reform plans, AI oversight and claims scrutiny for 2026
Arkansas Insurance Department updates gold card appeal rules under Act 511
Arkansas Insurance Department issues Bulletin 4-2026 detailing new independent review timelines for insurer and PBM gold card rescission appeals
California bill targets wildfire non-renewals, adds 6-month notice
California lawmakers propose requiring insurers to give six months’ notice and specific reasons before dropping homeowners over wildfire risk
Louisiana auto insurance premiums fall 5.8% as 2025 rates stabilize
Louisiana insurance rates dip 0.4% overall in 2025, driven by a 5.8% drop in private passenger auto, while homeowners premiums rise at a slower pace
Connecticut weighs LTCI tax relief as insurance premiums surge
Connecticut lawmakers propose tax deductions and hearing rules for long-term care insurance hikes as seniors report premium increases of 50% to 400%
Nevada state workers push back on projected PEBP insurance increases
Nevada state workers and retirees push back on projected PEBP insurance increases, warning of staffing losses as deficit estimates and premium models face scrutiny
Apartment fire highlights renters insurance gap in North Carolina
Camden Westwood Apartments fire displaces 70 residents, underscoring low renters insurance uptake and replacement cost risks for tenants
Progressive issues $1 bn in Florida auto insurance refunds
Progressive returns nearly $1bn to Florida drivers after litigation reform and lower loss costs, with average rebates around $300 per policyholder
AI adoption rises to 82% as data protection risks persist: Gallagher
Gallagher survey finds 82% of businesses report positive AI impact, yet data protection, hallucinations and legal risk remain leading concerns.
AM Best revised German non-life insurance market outlook to stable
AM Best revised its outlook for Germany’s non-life insurance segment to stable from negative, citing sustained rate increases and improving earnings stability
Insurtech Kin lifts GWP 28% to $635 mn as renewal base expands
Insurtech Kin reports 28% GWP growth to $634.4 mn, rising renewal premiums and improved operating margin despite softer insurance market conditions
Lloyd’s List Intelligence to manage Lloyd’s Agency Network
Lloyd’s List Intelligence will assume management of the Lloyd’s Agency Network from April 2026, integrating marine survey expertise with global AIS and analytics capabilities
Texas sues TP-Link over router security and China ties
Texas alleges TP-Link misled consumers on router security and supply chain origins, citing exploited firmware flaws and links to Chinese components
Agentic AI governance moves to board level as autonomy expands
Agentic AI systems introduce execution risk beyond model output, forcing enterprises to redesign governance, privilege controls and runtime oversight
AI-powered actor breaches 600 FortiGate devices in 55 countries
Financially motivated hacker used commercial AI tools to compromise 600 FortiGate devices via exposed ports and weak credentials, no new exploits involved
1.2 mn accounts exposed after breach of France FICOBA registry
Stolen government credentials exposed data tied to 1.2 mn accounts in France’s FICOBA registry, including IBANs, names and tax identifiers
PERILS sets €467 mn loss for windstorm Goretti across UK and France
PERILS estimates €467mn insured loss from Windstorm Goretti in England, France and Belgium, with France accounting for nearly 75% of claims
Fairfax Financial posts $4.8 bn profit as underwriting and investments surge in 2025
Fairfax Financial reports $4.77bn net earnings in 2025, 20.5% book value growth, $3.2bn investment gains and record underwriting profit across P&C units
Low-growth economy tops emerging risk list in 2025, Gartner says
Gartner reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025, marking the second consecutive quarter in which economic conditions
Swiss Re to acquire QBE trade credit and surety unit
Swiss Re Corporate Solutions agreed to acquire QBE Insurance Group’s Global Trade Credit and Surety business, subject to regulatory approvals expected to take several months
The Cayman Islands’ reinsurance sector has expanded sharply
The Cayman Islands’ reinsurance sector has expanded sharply, according to 2025 insurance statistics released by the Cayman Islands Monetary Authority and highlighted by Cayman Finance
US Labor Department probes California unemployment insurance program
The US Department of Labor announced formal steps to examine fraud and improper payment risks within California’s Unemployment Insurance program
Health Savings Accounts draw scrutiny as costs rise for ACA marketplace enrollees
Health Savings Accounts sit at the center of a renewed policy debate as health coverage costs climb for millions of Americans purchasing insurance on Affordable Care Act marketplaces
Insurtech Titan Flood launches private residential flood program with Nationwide
Titan Flood, an AI-enabled flood insurance platform, has launched a private residential flood program in partnership with Nationwide E&S/Specialty
Yale New Haven Health sues Ironshore over $4 mn transplant insurance claim
Yale New Haven Health filed suit in US District Court in Connecticut seeking roughly $4.1 mn from Ironshore Indemnity, alleging the insurer refused to reimburse costs
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? Insurance research
Are autonomous vehicles from companies such as Waymo and Tesla making roads safer? The insurance industry’s research community is watching closely, and the answer remains unsettled
GEICO faces class action over added drivers and insurance premium hikes
GEICO faces a proposed class action in Florida federal court alleging the insurer added unrelated drivers to policyholders’ auto coverage without consent, triggering higher premiums
Vistria acquires Dallas MGA Lumen to expand specialty platform
The Vistria Group acquired Lumen Holdings, a Dallas-based managing general agent underwriting commercial and personal lines across more than 30 states
Global property insurance rates fall 9% in 2025
Global commercial property insurance rates declined 9% in Q4 2025, according to the latest market update from Marsh. The drop marks an acceleration from the 8% decline recorded in Q3
Nevada approves 21.6% hike in workers insurance comp loss costs
The Nevada Division of Insurance approved a 21.6% increase in workers compensation loss costs effective March 1, according to the National Council on Compensation Insurance
Allstate files RICO suits over alleged New York no-fault DME fraud
Allstate filed two federal RICO lawsuits in the US District Court for the Eastern District of New York, alleging coordinated no-fault auto insurance fraud involving durable medical equipment suppliers
Oklahoma insurance reform advances as profit oversight House Bill 2933 fail
Oklahoma Insurance Commissioner Glen Mulready’s policy package cleared its first legislative hurdle after the House Civil Judiciary Committee unanimously advanced House Bill 2933
Oklahoma senator files bills targeting insurer profits and rates
An Oklahoma state senator introduced a package of insurance reform bills aimed at addressing rising premium costs across the state
Experian brings auto insurance marketplace to ChatGPT users
Experian launched the Experian Insurance Marketplace app inside ChatGPT, extending its insurance comparison platform into a conversational interface used by millions of consumers
NAIC weighs closer review of insurers’ mortgage loan exposure
The National Association of Insurance Commissioners is examining insurers’ expanding exposure to residential mortgage loans, with potential additional scrutiny ahead
US property re/insurance market softens as capital surges and rates fall
US property re/insurance market has shifted decisively into soft territory over the past year. Pricing pressure reflects capital inflows and the absence of major landfalling hurricanes
Insurity expands billing-as-a-service for P&C insurers and MGAs
Insurity announced enhancements to its Billing-as-a-Service platform, stating the outsourced model now delivers a lower total cost than internally managed billing for property and casualty carriers
McLarens appoints Kevin Moran to lead US WTPV claims
McLarens appointed Kevin Moran as Executive General Adjuster and US Team Lead for Malicious Assailant, War, Terrorism & Political Violence within its global Crisis Management practice
Stockholm startup Agaton raises $10 mn seed to scale AI voice analytics for sales
Startup Agaton emerged from stealth with $10 mn in total seed funding to expand its AI-driven voice analysis platform for enterprise sales teams
Flinn raises $20 mn to automate medtech compliance workflows
Vienna-based Flinn secured $20 mn in follow-on funding to expand its AI-driven regulatory and quality automation platform for medtech manufacturers
European regtech Copla raises €6 mn Series A to scale real-time compliance tech
Regtech startup Copla secured €6 mn in Series A funding to expand its real-time compliance infrastructure for regulated financial services
Berlin startup Cognee raised €7.5 mn to build structured memory for AI agents
Berlin startup Cognee secured €7.5 mn to expand its structured memory infrastructure for AI systems and autonomous agents
Healthtech Pontiro secured £357,5k to scale NHS imaging AI infrastructure
Pontiro raised £357,500 in a round led by SFC Capital, with participation from Plug and Play Ventures and the British Business Bank
Zurich startup Rapidata raised $8.5 mn to scale global AI feedback network
Rapidata, a Zurich-based AI infrastructure startup, secured $8.5 mn in seed funding to expand its human feedback infrastructure
Startup Hemi Health raised €4 mn seed to expand migraine care abroad
Frederiksberg-based Hemi Health secured €4 mn in seed financing to expand beyond Denmark, starting with the Netherlands
Proptech Lystio raises €500 k to scale AI real estate search in Austria
Vienna-based Lystio secured €500,000 to expand its AI-native property portal, with capital directed toward refining its search engine and extending AI-driven product features
Startup Syndicate One reaches €22 mn first close for second fund
Belgium tech startup Syndicate One completed the first close of its second fund at €22 mn, exceeding target demand within eight weeks of its initial pitch
Startup World Labs secures $1 bn to scale spatial AI models
World Labs raised $1 bn to advance spatial intelligence systems designed to generate and reason across immersive 3D environments
Fintech Vestwell raised $385 mn Series E to scale US savings tech
Vestwell, a digital savings platform, secured $385 mn in Series E financing, doubling its valuation and reinforcing its standing inside the US savings infrastructure market
Fintech Fluz launched embedded finance platform for software firms
Fintech Fluz entered embedded finance with the launch of Fluz Platform, opening its payments infrastructure to software companies seeking in-product financial services
FlashLabs rolls out FlashAI 2.0 enterprise voice AI
Enterprise voice platform targets latency, speech quality and deployment drag with proprietary stack and human escalation
Riverside closes $200 mn software growth lending fund at hard cap
The Riverside Company has closed its Riverside Acceleration Capital Growth Lending Fund III at $200 mn, reaching its hard cap
Fintech Capitolis to acquire 20 Gates’ U.S. secured financing platform
Capitolis has agreed to acquire the U.S. Secured Financing Platform from 20 Gates Management, expanding its Capital Marketplace footprint in North America
Jump raises $80 mn Series B to expand AI for financial advisors
Jump, a US-based financial services AI company, closed an $80 mn Series B round led by Insight Partners, lifting total funding to $105 mn
Insurtech Kettle, RLI launch wildfire-focused commercial property cover
Kettle has formed a strategic partnership with RLI Corp. to launch a multi-peril commercial property product that includes dedicated wildfire coverage
Ancient Financial to acquire F&G Life Re, launch as Bermuda reinsurer
Ancient Financial has signed a definitive agreement to acquire F&G Life Re from a subsidiary of F&G Annuities & Life
Insurtech Qumis raises $4.3 mn seed to scale attorney-trained coverage AI
Commercial insurance platform backed by MTech Capital, American Family Ventures as total funding reaches $6.75mn
Gradient AI launched ClaimVector for workers’ comp claims benchmarking
Insurtech Gradient AI, a enterprise software provider of artificial intelligence solutions in the insurance industry, has introduced ClaimVector for Workers’ Compensation
Global InsurTech funding rose 19.5% to $5.1 bn, with Q4 driving momentum as deal count and average size increased sharply, marking the first annual increase since 2021
InsurTech moves past disruption narrative, focuses on underwriting, AI, and operational efficiency as funding drops and insurers demand measurable results
The first notice of loss (FNOL) is the starting point for every insurance claim. It sets the tone for the entire claims cycle. And for years, this process has been manual
InsurTech funding crossed a significant milestone in Q2 2025, with $60.8bn raised since records began in 2012. The data reflects the scale of investor appetite over 10Y