Fintech
Financial technology and innovation
Corporate Captives Transforming Risk Management Strategies for Businesses
Corporate captives are evolving into strategic tools for risk management, offering firms greater control and efficiency in handling insurance.
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Data Center Cyber Risk Exposes Coverage Gaps in Insurance Policies
The evolving cyber risk landscape for data centers necessitates stronger security controls and clearer policy language to ensure comprehensive coverage.
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Insurer Seeks to Exit Coverage Obligations in School District Stormwater Lawsuit
Republic Franklin Insurance argues it owes no coverage for Millcreek Township's stormwater dispute, citing policy exclusions and timing issues.
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GEICO Targets Alleged $2.9 Million Fraudulent Billing Scheme in New York
GEICO has launched a lawsuit against four New York medical supply firms over an alleged fraudulent billing scheme costing over $2.9 million.
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MUSIC Sues Evanston for $1.1 Million Over Shared Insurance Coverage Dispute
MUSIC is seeking reimbursement from Evanston for $1.1 million related to a shared client's construction accident settlement.
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Trisura Achieves Strong Q2 Performance with 84.9% Combined Ratio Amid US Surety Expansion
Trisura reports an impressive 84.9% combined ratio in Q2 2026 while expanding its US surety licensing, highlighting disciplined growth strategies.
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Octave Specialty Reports Mixed Performance as Everspan Reduces Property Exposure Amid MGA Growth
Octave Specialty's Q2 results reflect a dual strategy: Everspan downsizes its property book, while the MGA segment experiences robust growth and enhanced margins.
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Florida Auto Insurance Market Experiences Significant Rate Reductions Post-Reform
Florida's auto insurance market is seeing substantial rate reductions and improved underwriting outcomes following recent tort reform measures.
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Sun Life Financial Reports 27% Surge in Group Sales Amid Strong Market Dynamics
Sun Life Financial's group insurance sales surged 27% year-over-year, driven by strong medical stop-loss demand and enhanced pricing discipline.
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Mutual of Omaha Partners with Claritev to Streamline Supplemental Health Claims
Mutual of Omaha and Claritev have integrated their systems to automate supplemental health claims, enhancing employee engagement and utilization of benefits.
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HDVI's Acquisition by Federated Mutual Insurance: Implications for the Trucking Insurance Sector
Federated's acquisition of HDVI marks a significant shift in trucking insurance, impacting agency dynamics and underwriting practices amidst a tightening market.
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AXA XL's Acquisition of S-RM: Implications for Cyber Insurance Consistency
AXA XL's full acquisition of S-RM raises questions about the future of vendor impartiality on cyber incident response panels, a key area for brokers.
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American Growth Insurance Targets Agency Consolidation in Competitive M&A Environment
American Growth Insurance is making strategic moves in agency acquisitions, despite a contracting market and limited buyer competition.
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Brokers Face New AI Liability Landscape as Insurers Adjust Strategies
As AI liability nuances emerge, brokers must adapt to changing underwriting practices and governance expectations in the insurance market.
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Shepherd Insurance Appoints Matt Kleymeyer to Lead Employee Benefits Amid Rising Healthcare Costs
Matt Kleymeyer takes the helm at Shepherd Insurance's employee benefits division as market pressures drive the need for adept leadership in healthcare management.
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Generali's H1 Performance Signals Caution for Property Brokers Amid Catastrophe Losses
Generali's solid H1 results mask significant challenges within its property and casualty segment, raising concerns for brokers amid rising catastrophe costs.
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AIG Reports Solid Overall Performance but Faces Pressure in International Commercial Lines
AIG's solid second-quarter results mask underlying challenges in international commercial lines, particularly due to geopolitical losses and declining rates.
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USI Insurance Services Files Lawsuit Against Rival MacNair Enterprises Over Client Accounts
USI Insurance Services is suing MacNair Enterprises, alleging the rival firm unlawfully took three of its clients, violating contractual agreements.
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Delaware Court Sides with Insurers, Quashes Zayo's $27 Million Settlement Claim
A Delaware court ruled that Zayo's $27 million settlement claim was invalidated by a bump-up exclusion in its insurance policy, affecting future coverage interpretations.
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North Carolina Court Rules Product Exclusion Lifts Insurer's Defense Obligations in Fatal Crash Case
A North Carolina court found Mesa Underwriters not liable for defense costs in a fatal crash case linked to nitrous oxide chargers sold by Henson Novelties.
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