Industry News
FEMA to Offer $1 Billion for Disaster Resilience After Lawsuit
The Federal Emergency Management Agency said Wednesday it will fund up to $1 billion in disaster-resilient infrastructure under a grant program it had previously canceled and criticized as being ...
More Insurance M&A Deals on the Horizon?
Two firms tracking mergers and acquisitions in the insurance industry reported changes in property/casualty insurance deals last year, with one describing "increased momentum" and another ...
Demand, Risks for Global Data Center Insurance Growing: Report
Fast growth in data center construction is pushing up insurance demand and risks for the sector, a report published by Swiss on Friday said. Global insurance premiums linked to data centers are ...
NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
New York small businesses, big businesses, rideshare companies, police and fire unions, insurers, insurance agents, truckers, bus companies, auto repair shops, university professors, district ...
Deep or Shallow? Previewing the 2026 Soft Market
An impending soft market doesn't necessarily mean that last year's stunning profits for the property/casualty insurance industry are going to vanish in 2026, according to a research analysis who ...
AI Platform Notch Announces $30M Series A Funding Round
Notch, an AI platform for regulated industries, announced a $30 million Series A funding round, bringing total funding raised to $45 million. The round was led by Headline, with participation from ...
Commercial Insurance Platform Shepherd Announces $42M Series B
Shepherd, an AI-native commercial insurance platform, announced a $42 million Series B round led by Intact Private Capital, with participation from Spark Capital, Costanoa Ventures and additional ...
Verisk, APCIA See ‘Reset’ Rather Than New Normal in Stellar ’25 Results
In a joint report of U.S. property/casualty insurance industry financial results yesterday, Verisk and the American Property Casualty Insurance Association revealed the same eye-popping level of ...