Howden Re said 1 April renewals extended January’s softening trend, with Japan property-cat rates falling and Hormuz-driven stress staying focused in specialty lines
FireWatch uses satellite data, weather forecasts, and environmental signals to help insurers, utilities, and governments track wildfire risk in near real time
Yupp is closing less than a year after launch, despite raising $33mn, as its crowdsourced AI model-ranking business failed to find strong product-market fit
Starr completed its acquisition of IQUW Group, expanding its specialty insurance and reinsurance platform across Lloyd’s, Bermuda, and UK motor
Treasury Secretary Scott Bessent said a US insurance programme for Strait of Hormuz shipping will begin soon, aiming to support safer tanker traffic
A Connecticut appeals court ruled GEICO is protected by absolute immunity when filing DMV complaints over towing and storage charges
QBE and Aurora launched an automated underwriting capability for Yacht P&I, cutting broker submission-to-bind time to under 10 minutes
Zalos secured €3.1mn to expand its Computer Agents for finance teams, targeting large enterprise deployments and on-premise systems without ERP replacement
Zocks is bringing its AI workflow and document automation tools to life insurance, aiming to cut admin work, reduce NIGO delays, and help advisors issue more policies
FHFA Director William Pulte sent criminal referrals accusing Letitia James of false statements in insurance filings tied to a Virginia property
LEEO introduced a telematics-based commercial auto product that uses driving data, AI, and real-time insights to connect safer fleet performance with savings
A New Bedford couple pleaded guilty in federal court after prosecutors said they stole more than $750k from insurance clients, lenders, and providers
China launched a long-term care insurance system to support people with lasting disabilities and ease pressure on families as the population ages
Prudential filed another WARN notice in New Jersey, bringing total planned job cuts in Newark to 237 since July despite stronger recent earnings
Oklahoma lawmakers advanced HB 2933, adding claims reporting, mediation rules, a Homeowner Claims Bill of Rights, and stronger consumer protection
Heathos introduced a unified life insurance platform that brings carriers, workflows, and commission reporting into one system for agencies selling multiple products
Senator Jeanne Shaheen introduced a bill to cut crop insurance costs, curb abuse, save $40 bn over 10 years, and shift support toward smaller farms
UK insurer First Central is working with Deutsche Bank and UBS on a potential London IPO that could value the company at around £1 bn
The UK will board Russian shadow fleet vessels in its waters, tightening pressure on oil shipments tied to Moscow’s war funding and sanction evasion
Illinois lawmakers advanced a bill giving regulators power to review home and auto insurance rates, with insurers warning the overhaul would raise costs
A bipartisan Senate bill would cap insulin at $35 for privately insured Americans and launch a pilot to extend the same limit to uninsured patients
Readhunt received Lloyd’s broker registration, giving the UK insurance broker direct access to Lloyd’s syndicates for more tailored commercial risk solutions
Shepherd secured $42 mn in Series B funding to expand its AI underwriting platform for construction, infrastructure, and other asset-heavy commercial sectors
Niyam Group received Lloyd’s approval for Syndicate 2047 and named Devesh Srivastava chairman as it builds a reinsurance platform for India
Cotality says hail has become a major insured loss driver, with modern storms causing damage on par with a Category 4 hurricane in the US
Pacific Life’s underwriting survey shows wider AI use, stronger demand for structured health data, and growing concern over underwriting talent
Munich Re says agent-based AI will change cyber offence and defence, widening attack surfaces, pressuring trust, and raising the pace of cyber threats
Munich Re says cyber risks are widening beyond ransomware and calls for stronger resilience, broader cyber insurance uptake, and closer market collaboration
Corebridge and Equitable agreed to an all-stock merger valued at $22 bn, creating a financial services group with $1.5 tn in assets
Brit launched BRIDGE, a new cargo consortium offering up to $80mn in line capacity as cargo values rise and supply chains grow more complex
Barcelona-based Galtea secured €2.7 mn to expand its AI evaluation platform, helping enterprises test AI agents with less cost and better production reliability
MSIG Asia made a strategic investment in Ancileo and formed a regional partnership to grow digital travel insurance across Asia’s fast-moving travel market
CoverGo deployed its IDP AI Agent for Generali Hong Kong, automating health claims document handling to speed processing and improve accuracy
Sypher Insurance Exchange won a Florida operating permit and now moves toward final approval as the startup sticks with an organic growth strategy
Jury verdicts against Meta and Google in child harm lawsuits set up appeals over Section 230, with wider consequences for social media and other online platforms
AccuWeather forecasts 11-16 named storms in 2026 as El Nino may suppress activity, though warm Atlantic waters still raise rapid intensification risk
Lloyd’s will keep insuring Strait of Hormuz voyages, though shipowners stay away as war risk premiums jump and underwriting shifts to case-by-case review
Delaware judge ruled Meta insurers owe no duty to defend social media harm lawsuits, citing intentional conduct not covered under liability policies
Sofia-based Mandel AI secured €3.6mn from Y Combinator and others to automate supplier coordination, detect disruptions, and streamline procurement
Arkadia Space secured €14.5 mn from the EIC Accelerator to scale green propulsion systems for satellites and push commercial rollout in Europe
Amsterdam-based OpenUp secured €20 mn from Smartfin and Rubio to expand across Europe and grow its employee mental health platform
Fannie Mae revises condo review, reserve, and insurance rules, giving lenders more flexibility while tightening standards for long-term project stability
Fannie Mae will accept crypto-backed mortgages through Better and Coinbase, letting buyers pledge bitcoin and other holdings for down payments
First Mutual expands Chrp AI inspections, speeds underwriting, cuts review time 50%, and flags home risks across NC, SC, TN markets
Irish insurtech Kayna secured €1.5 mn in seed funding to grow in the UK and US and expand embedded insurance for vertical SaaS platforms
Allianz announced board changes effective 2027, including Tomas Kunzmann’s promotion, new regional responsibilities, and a CFO mandate extension
Vienna Insurance Group posted strong 2025 growth, lifted profit above EUR 1 bn, and proposed a 12% dividend increase as expansion plans continue
French health insurtech Alan raised $116 mn at a $5.83 bn valuation, backing AI investment, international growth, and further platform expansion
Insurers are using cloud platforms, analytics, and real-time underwriting tools to manage climate risk, claims inflation, and tighter margins
UK InsurTech Loxa raised £2.7 mn in seed funding to expand across Europe, grow retail partnerships, and broaden product protection coverage
Neptune Flood introduced a ChatGPT quoting app, extending automated flood insurance access while reporting strong 2025 growth across revenue and written premium
Akur8 acquired Slope Software to enter life and annuity actuarial modeling, broadening its platform beyond P&C with cloud-native tools
ZestyAI partnered with Harford Mutual and AEIG to improve property-level underwriting, pricing precision, and portfolio risk management
Cytora introduced Autopilot, an agentic AI capability built to automate underwriting and claims workflows across fragmented insurance data flows
Azos secured R$125 mn ($24 mn) to scale AI tools and grow in Brazil’s individual life insurance market, where Bradesco and Prudential still dominate
mShift introduced Quantum AI, a platform built to structure submissions, automate insurance workflows, and support underwriting across commercial lines
Oklahoma Senate passes bill requiring $1mn liability coverage for special event alcohol licenses, raising concerns over costs for small businesse
WTW survey shows North American insurers investing in AI and analytics achieve lower combined ratios and stronger premium growth
North Carolina Court dismisses most counterclaims by former agents in dispute over client poaching, leaving wage claim as sole surviving issue
Vehicle thefts fall to multi-decade lows in the US, with sharp declines across states and cities, NICB reports
