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US auto insurance rate increases The countrywide average will have increased by double digits in back-to-back years if this trend continues for the remainder of 2025. For several years prior to the ...

Beryl experienced an eyewall replacement cycle, weakening slightly, but regained strength and made landfall in Carriacou, Grenada as a strong Category 4 hurricane with winds of 150 mph (see how U.S. P ...

The Los Angeles wildfires are expected to be a major catastrophic event for the insurance industry. However, analysts indicate that the insurance and reinsurance sector remains well-capitalized to ...

The Bloomberg Billionaires Index ranks the world’s richest people globally, updating their net worth daily based on stock market performance, economic conditions. Beinsure Media analyzed Bloomberg’s ...

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 ...

Insurtech Sixfold, the insurtech empowering underwriters with a generative AI solution for end-to-end risk analysis, introduced an AI Accuracy Validator to strengthen underwriter confidence in ...

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 ...

David Derigiotis – President, Brokerage and Head of Insurance for Flow Specialty David Derigiotis is president of brokerage and head of insurance at Flow Specialty, a next-gen specialty wholesale ...

A consortium led by Allianz SE, BlackRock, and Japan’s T&D Holdings will acquire Viridium Group, a German life insurance consolidator, for €3.5bn from private equity firm Cinven. Generali Financial ...

Insurtech Assureful has closed a $1.5 mn pre-seed funding round led by Markd. The round also included participation from Greenlight Re Innovations. The company is licensed nationwide in the US and as ...

Dubai Aerospace Enterprise (DAE) reported receiving $201 mn in settlements over the past three months for aircraft previously leased to airline carriers in Russia. The company confirmed cash proceeds ...