Farmers Insurance filed a lawsuit accusing a former Oklahoma agent of redirecting customers and policies to competing insurers before leaving the company. The complaint, filed March 11 in the U.S.
Active Capital Reinsurance, a Barbados-based reinsurer established in 2007, completed its Global Retrocession Programme as part of strategic initiatives executed at the end of 2025. The placement ...
Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers with heavy reliance on Gulf ...
New York’s auto insurance reform debate is escalating as Governor Kathy Hochul presses for legislation aimed at curbing litigation linked to vehicle accidents. The proposal has triggered resistance ...
California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk. Thousands of homeowners now rely on the California FAIR Plan for ...
Generative artificial intelligence (Gen AI) is no longer a futuristic concept. It is here, transforming systems to generate unique content, including text, images and even music. According to the ...
Europe’s NewSpace sector is accelerating into a full-stack ecosystem spanning launch vehicles, satellite manufacturing, ground networks, Earth-observation constellations and next-generation in-orbit ...
Tokenization of real-world assets, particularly reinsurance contracts, offers an opportunity to expand capital sources in the insurance sector, according to Jay Madhu, CEO of Oxbridge Re Holdings. He ...
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.
Nirvana Insurance, an AI-driven commercial trucking insurer, raised $80mn in a Series C funding round, bringing its valuation near $850mn. The company has experienced significant growth, surpassing ...
Insurance Europe supports the European Commission’s ambition to build a Savings and Investments Union. It will continue to develop proposals and participate in discussions to ensure the success of ...
Insurtech Socotra, the modern core platform for innovative insurers, wants insurers to stop waiting months to test product ideas. The insurtech company’s new tool, Agentic Configuration, lets business ...
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