A June forecast from the Congressional Budget Office says up to 4.2 mn Americans would walk away from Affordable Care Act health insurance coverage (frequently called “Obamacare”) without the enhanced ...
Westlake Chemical’s long running battle with a slate of major insurers has morphed into one of the most consequential industrial coverage fights in recent memory. On Thursday August 27, 2020, a fire ...
Volt Underwriting just stepped into the ports and terminals class, signing a binder led by Tokio Marine Kiln. The MGA puts an initial $15mn line on the table and plans to build a global book covering ...
A suspected sabotage strike on one of Poland’s main east-west rail corridors has pushed Europe’s infrastructure anxiety into a sharper, colder place. An explosion that damaged a Polish railway track ...
James Chan, director of analytics at AM Best, said insurers in China keep tightening ties with EV makers to grab better data, sharpen underwriting and lift margins. China’s regulator, the National ...
State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.
U.S. commercial automobile carriers saw direct premiums written increased 12.1% in 2024 to a total of $72.18 bn, according to AM Best‘s Rankings report. Top 25 U.S. auto liability insurers ...
Germany’s startup ecosystem in 2025 is consolidating its role as Europe’s second-largest innovation hub after the UK, driven by a combination of fintech, deep tech, AI, and climate-focused ventures.
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 ...
Lemonade, an AI-driven insurtech unicorn, has surpassed $1 bn in In Force Premium (IFP), reaching this milestone 8.5 years after selling its first policy. This reflects a compound annual growth rate ...
Norwegian’s startup and venture capital landscape in 2025 reflects both resilience and transformation, driven by global capital flows and the country’s strong tradition of innovation. Norway has more ...
The New York Department of Financial Services hit eight auto insurers and agencies with more than $19 mn in fines after finding inadequate cybersecurity controls that exposed consumer data through ...