Democrats Jane Kim and Ben Allen led voting in Tuesday’s race for California insurance commissioner, placing them in the strongest position to advance to the Nov. 3 general election. Republican ...

The world’s Richest People in 2026 (the number of billionaires in the world 3.030 individuals) represent almost $16 trln in wealth. The global billionaire population continued to grow in 2026, ...

Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers with heavy reliance on Gulf ...

RockRose Risk, a climate-focused insurance brokerage and captive underwriting manager that specializes in wildfire-exposed commercial property insurance in the U.S., raised $9 mn in funding to expand ...

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 Root reported first-quarter 2026 net income of $35.9 mn, the strongest quarterly result in the company’s history, compared with $18.4 mn during the same period last year. The Columbus, ...

California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk. Thousands of homeowners now rely on the California FAIR Plan for ...

The California Department of Insurance has finalized its review of the state’s first approved wildfire catastrophe model, marking a major shift in how property insurers may assess and price wildfire ...

Jim Donelon, an American attorney, military veteran, and public official who served as Louisiana’s Commissioner of Insurance from 2006 to 2024, joined Middleberg Riddle Group as of counsel, where he ...

Jones Day said hackers breached the firm and accessed files tied to 10 clients. The cybercrime group Silent claimed responsibility and listed Jones Day on its extortion site. The group has built a ...

First Central Group, the UK motor and home insurer, is preparing for a potential London IPO and has appointed banks to explore a share sale, according to people familiar with the matter. The company ...

UK InsurTech Loxa has closed a £2.7 mn seed round completed across three tranches. The financing was backed mainly by angels and family offices, including the Lazaroo-Hood Group. Introductions came ...