Florida regulators have extended their supervision of American Mobile Insurance Exchange for another 120 days, marking the sixth extension in two years and signaling that the insurer’s runoff process ...

Portal Space Systems, based in Bothell, Washington, has raised $50 mn in a Series A round to accelerate development of its maneuverable spacecraft. The company is pushing forward with its first ...

Farmers Insurance plans to expand its agency force over the next year and expects to appoint nearly 1,700 new agency owners. The company said this would rank among the largest one-year expansions in ...

Odyssey Group, a Fairfax company, has introduced a revised brand identity, bringing Hudson and Newline into closer visual alignment with OdysseyRe and the wider group. The move reflects what the ...

A Texas Department of Insurance investigator and a crime analyst helped identify a Russian national accused of submitting $400 mn in fraudulent Medicare claims. Authorities said Nikolai Buzolin was ...

Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...

25 CSAA Ins Group 3.62 16.43 4.4 Initial ratings crept up too. AM Best issued 17 in H1, up from 15, mostly in commercial lines. Fewer ratings landed on the Under Review list – 10 compared to 20 last ...

Inclined Technologies, a digital platform that simplifies access to the living benefits of whole life insurance, has closed an $8mn Series B round. HSCM Ventures led the investment, joined by ...

Moody’s reports publicly traded U.S. life insurers closed Q4 2025 with solid but uneven operating profitability as the lift from higher interest rates tapered off. Yields stabilized. Spread expansion ...

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 ...

Agentic AI has moved beyond pilot phases and into production environments, forcing governance onto board agendas. These systems do more than generate text. They invoke tools, access enterprise data ...

Auto insurance costs are adding to affordability pressures across California, even as rents in the Los Angeles metro area fall to a four-year low and homeownership remains out of reach for many ...