Florida Governor Ron DeSantis signed legislation creating a commercial insurance clearinghouse designed to move eligible policies from Citizens Property Insurance Corporation into the surplus lines ...

Jones Day said hackers breached the firm and accessed files tied to 10 clients. The cybercrime group Silent claimed responsibility and listed Jones Day on its extortion site. The group has built a ...

London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...

Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, ...

District Cover, a new public benefit insurance agency, has raised over $7 mn from venture capital firms and insurance industry leaders, with Mosaic General Partnership leading the seed financing. This ...

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 ...

UK insurtech platform Incept has entered an underwriting agreement with Fortegra to support its new title insurance solution. Fortegra is a global specialty insurer with an established and growing ...

Infinity Loop, an AI-native contract intelligence platform for enterprise vendor management, has raised $5mn in a Seed Round led by Glasswing Ventures and TIAA Ventures. Additional investors include ...

The Managing General Agent model keeps expanding and is reshaping how risk gets structured and distributed across global markets. It opens new paths for jurisdictions that combine regulatory strength, ...

Estimates put insurance fraud losses at around $308.6 bn every year. That number is just in the United States. The result is higher premiums and greater risk placed on insurers and reinsurers, which ...

McGill and Partners has expanded its aviation insurance offering to cover aviation spares against war perils while they are on the ground. The global specialty insurance and reinsurance broker is ...

U.S. life insurers looking for higher yields and longer-term returns have raised their allocations to private credit and Level III assets but are not expected to face widespread rating pressure if ...