Industry News
Cost of Howden-Driven Talent War Rises to $31M for Brown & Brown
Brown & Brown acknowledged that the cost of the Howden-driven talent war has risen to $31 million in annual revenue. "At the end of March, the startup [Howden] has taken customers representing ...
Hippo ‘Off to a Fast Start’ With Reversal of Q1 Loss a Year Ago
InsurTech Hippo reversed a first-quarter net loss of $47.7 million last year and posted net income of about $7.1 million for the first three months of 2026. Results a year ago included total ...
Details TBD: Berkshire’s Jain, Abel Describe Tokio Marine Strategic Pact
Some details of a long-sought-after partnership with Tokio Marine aren't precisely defined, instead relying on the good faith dealings and reputation of the Japanese insurance giant, Berkshire ...
Berkshire, Cyber Risk and the Strait of Hormuz: Insurability Hinges on Price
During the recent Berkshire Hathaway annual meeting, Chief Executive Officer Greg Abel told shareholders that the conglomerate's decisions on investments and acquisitions depend on several factors, ...
Lemonade Logs Q1 Net Loss With Topline Growth
InsurTech Lemonade reported a first-quarter 2026 net loss of about $35.8 million compared with a loss of about $62.4 million during the same time in 2025. However, Lemonade said its topline growth ...
Marsh Risk Unveils AI-Powered Risk Companion Suite
Marsh Risk, a business of Marsh, announced the launch of Risk Companion, the next iteration of its digital solutions suite designed to help clients effectively and efficiently manage unique risks. ...
Manufacturing Industry Top Target of Costly Cyber Attacks: Report
A review of five years' worth of proprietary claims data reveals just how vulnerable manufacturers are to cyber attacks and the high cost of disruptions, according to Resilience, which found more ...
Independent Agents Can Get Appointed to Sell Root Auto Insurance in One Day
Although InsurTech Root has talked more about embedded partners than agents in the years since announcing it would add an independent agency distribution channel, the car insurer has been working to ...