The Fifth Circuit Court of Appeals upheld a key evidentiary ruling in a dispute between a policyholder and United National Insurance Co., but criticized the lower court for improperly disregarding
Lemonade Inc. reduced its Q2 net loss by 23%, reporting a loss of $44mn as premium volume continued to climb. Net earned premiums rose to $112.5mn, up from $89.3mn year-over-year
Avantia Group, the digital home insurance company behind the direct-to-consumer brand Homeprotect, has introduced an AI-powered claims tool named Holmes
Mosaic Insurance has entered the digital asset market with a combined cyber and financial institutions (FI) crime insurance product
Clyde & Co has successfully defended McLaren Automotive Events Limited in a $25mn personal injury claim, following a High Court ruling that offers valuable precedent for insurers
Wingspan, a payroll platform built specifically for contractor management, has raised $24 mn in a Series B round led by Touring Capital
Cover Whale, a trucking insurance startup operating as a managing general agent (MGA), has raised $40mn in equity funding from Morgan Stanley Expansion Capital
DynaRisk, a London-based cyber risk management company, has secured $4.7mn in a funding round led by YFM Equity Partners
Insurtech Verisk has signed a definitive agreement to acquire AccuLynx for $2.35bn in cash, aiming to boost its reach across the insurance claims
Cyata, an Israeli cybersecurity startup, has launched publicly with $8.5 mn in seed funding led by TLV Partners. The company targets a growing blind spot in enterprise security: AI agents
Lemonade has launched a standalone buildings insurance product in the UK, completing its Homeowners offering and signaling further investment in the region
Michigan’s Department of Insurance and Financial Services (DIFS) issued emergency suspensions against Peak Title of Michigan Inc. and Peak Title Agency Co
Resolution Life signed a flow reinsurance agreement with Taiju Life Insurance Co., part of the Nippon Life group, to support an Australian dollar-denominated
Ireland has released a renewed Action Plan on Insurance Reform, introducing 26 measures — including 10 marked as priorities — intended to reduce premium costs
Florida’s five largest personal auto insurers are signaling an average rate reduction of 6.5%, according to the Florida Office of Insurance Regulation
Insurance industry groups swiftly criticized a new campaign launched by Illinois Secretary of State Alexi Giannoulias that challenges how auto insurers assess risk
While U.S. hiring cooled in July, the insurance sector recorded a gain of 7,500 jobs, reversing a decline from the previous month
Specialty insurers and regulated firms in the UK market say financial regulators have made notable progress in performance between 2024 and 2025
Mississippi Insurance Commissioner Mike Chaney confirmed that coastal property insurance rates will increase by 16% starting Jan. 1, 2026
Berkshire’s primary insurance group posted a sharp decline in pretax earnings, falling to $63 mn from $279 mn a year earlier
AM Best is maintaining its Negative outlook on France’s non-life insurance sector, citing limited inflation-adjusted growth, pressure on margins
Chubb has completed its acquisition of LMG Insurance in Thailand for $321 mn, marking a strategic expansion of its operations in Southeast Asia
Telematics-based auto insurance has gained traction in Maryland, though its expansion has raised concerns over transparency and fairness
The Wildfire Insurance Coverage Study Act aims to identify strategies that reduce financial exposure for homeowners and insurers
Reporting will apply to industry losses exceeding €500mn in Europe, ¥100bn in Japan, and NZ$300mn in New Zealand. The scope includes both property and motor insurance lines
Everest Group reported a $98mn charge in Q2 tied to aviation losses stemming from the Russia–Ukraine war. The loss follows a U.K. High Court decision
Insurtech COVU, an AI-native insurance servicing platform, has acquired Mitchell Insurance Agency, a long-standing, family-owned firm based in Roseville, California
Eventual, a US-based insurtech startup, has raised $7.5mn in seed funding across two rounds to support the rollout of its first product, Premium Lock
Digital healthtech company dacadoo has deepened its strategic collaboration with Microsoft to deliver scalable, AI-powered health engagement solutions
Neutrinos, a digital transformation platform focused on InsurTech, has launched its AI Agent Library to streamline automation across key insurance operations
San Francisco-based InsurTech startup AIUC has raised $15mn in seed round led by NFDG, with participation from Emergence, Terrain
Japan Post Insurance will invest $2 bn in a new reinsurance-focused vehicle sponsored by Global Atlantic Financial Group, a wholly owned subsidiary of KKR
Insurtech Oscar Health expects a $228 mn net loss for the second quarter 2025. The revised projection follows a deeper review of claims data showing rising morbidity levels
Reinsurance pricing continued to soften at the June and July 2025 renewals, reinforcing Fitch Ratings’ outlook that increasing capacity and intensified competition
iCover Direct announced results from consumer survey revealing a growing consumer demand for AI to streamline and simplify the life insurance experience
Avatar MGA, a managing general agent specialising in US direct and facultative (D&F) property insurance, has secured approval as a Lloyd’s coverholder and from the UK
Globe Life has submitted a preliminary business plan to the Bermuda Monetary Authority (BMA) to establish a reinsurance affiliate later this year
Canadian insurers reported estimated losses of C$1.3 bn from the Jasper wildfire—C$80 mn above initial projections made in January
Marsh USA has filed a lawsuit in U.S. District Court for the Southern District of New York, accusing four former Florida-based executives of orchestrating a large-scale employee
North Carolina’s Department of Insurance announced a $20 mn funding boost for its Strengthen Your Coastal Roof program, expanding grants for homeowners upgrading
The Massachusetts Division of Insurance (DOI) has finalized 2026 premium rates for individual and small group health plans, securing lower-than-requested increases from 6 insurers
South Africa-based Santam has received in-principle approval from Lloyd’s to establish a London-based syndicate, part of its strategy to expand international operations
The UK High Court of Justice ruled that racecourses and affiliated businesses can pursue business interruption (BI) insurance claims on a per-premises basis for COVID-19-related closures
Los Angeles Superior Court judge has ruled that a lawsuit challenging the California Department of Insurance’s approval of a $1 bn assessment on insurers
A federal judge has approved the distribution of funds from the $318 mn sale of Clanwilliam Group, an Irish software company formerly owned by Greg Lindberg
UnitedHealth Group has confirmed that the U.S. Department of Justice is conducting both criminal and civil investigations into its Medicare Advantage operations
Three members of Congress—two Democrats and one Republican—have introduced a bill directing the Federal Emergency Management Agency (FEMA) to assess the long-term value
Allianz Life Insurance Company of North America has confirmed a data breach impacting most of its 1.4 mn U.S. customers
California Insurance Commissioner Ricardo Lara has approved an 8.7% increase in advisory pure premium rates for workers’ compensation policies renewing on or after September 1
Munich Re’s Supervisory Board has confirmed a leadership transition and new appointments to its Board of Management
Munich Re recorded a strong second quarter 2025. The Group’s preliminary net profit of approximately €2.1bn significantly surpassed analysts’ consensus estimate of €1.624bn
U.S. traffic deaths dropped to 8,055 in Q1 2025, down from approximately 8,596 during the same period in 2024. This marks a 6.3% decline and continues a 12-quarter downward
The April 2025 cyberattacks on Marks & Spencer and Co-op have officially been classified as a single coordinated insurance incident
As the U.S. braces for another intense hurricane and wildfire season, a new concern is emerging—not from environmental threats, but from federal budget decisions
The U.S. economy is set for a modest deceleration in the second half of 2025, with consumer spending cooling and trade policy uncertainty weighing on growth
Colorado State University’s hurricane team, one of the most widely cited in the U.S., slightly revised its 2025 Atlantic hurricane season outlook last week—now forecasting 8 hurricanes
A New York appellate court ruled that social media companies cannot be sued for their alleged role in the 2022 racially motivated mass shooting at a Buffalo grocery store
Two Southwest Airlines flight attendants sustained injuries on Friday after a sharp in-flight maneuver prompted by traffic alerts forced a sudden altitude change shortly after departure
A federal court in Missouri will now determine whether Cincinnati Specialty Underwriters Insurance Company must provide coverage in connection with the deadly shooting during the Kansas City Chiefs’ Super Bowl rally
Fitch Ratings reports that global credit conditions remain tilted toward downside risk, citing slowing economic growth, volatile U.S. trade policy
