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 ...
Federal Emergency Management Agency (FEMA) has released draft versions of updated flood maps that could alter flood insurance requirements for homeowners in certain communities. The FEMA Flood Map ...
Chase, a UK-based, app-only retail bank brand owned by JPMorgan Chase and operated through J.P. Morgan Europe, has launched its first insurance product in the UK, introducing a bundled protection ...
Gov. Maura Healey’s budget trims $100 mn from the Group Insurance Commission, setting off pushback across Massachusetts. The commission oversees health plans for more than 280,000 subscribers and ...
Paris-based venture capital firm Elaia, focused on tech and deep tech startups, has announced the first close of its fifth Digital Venture Fund (DV5) at €120 mn, with a target size of €300 mn. The ...
Royal Bank of Scotland (RBS) lost an appeal over unfair commissions that were charged to customers who were sold payment protection insurance (PPI), potentially increasing lenders’ exposure to ...
The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...
AI-insurtech Honeycomb Insurance has teamed up with Trisura Insurance Company to expand admitted capacity in 18 U.S. states. The agreement positions Honeycomb for broader market reach while ...
Arthur J. Gallagher & Co. (AJG) will acquire AssuredPartners Inc. for $13.45 bn. The deal strengthens AJG’s presence in the U.S. middle market and leverages AssuredPartners’ active mergers and ...
Guidewire confirmed a definitive agreement to buy ProNavigator, the AI-powered knowledge management platform, aiming to fold its insurance-trained intelligence into the broader Guidewire ecosystem.
Founded in New York, insurtech WithCoverage, an AI-enabled risk management platform positioning itself as a replacement for traditional insurance brokers for fast-growing companies, has closed a $42 ...
MGT, an AI-first commercial insurer targeting small businesses, closed a $21.6 mn Series B that was oversubscribed. Mubadala Capital led the round, with Clocktower Ventures, Tacora Capital, and ...
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