David Rosewater, a partner at Schulte Roth & Zabel LLP who has worked for activists including Trian Fund Management LP and Elliott Management Corp., has joined Morgan Stanley as a managing director ...

Wopta Assicurazioni, an Italian phygital insurtech MGA, closed a €5 mn funding round, bringing total capital raised since 2022 to more than €20 mn and valuing the Italian insurtech at over €100 mn.

Cyber insurance MGA Cowbell said ransomware attacks rose 45% last year, even as average ransom payments fell sharply. Cowbell’s 2026 claims report shows average ransom payments declined about 44% ...

Laka, the UK and EU green mobility insurtech, acquired assets from VeloLife, a specialist cycle insurance provider. The deal marks Laka’s fourth acquisition in three years and the first public step in ...

UnitedHealthcare has proposed an average 7.9% premium increase for Maryland residents enrolled in small market plans. The request covers the main company and three subsidiaries: Optum Choice, MAMSI ...

California FAIR Plan customers will face the insurer’s largest rate increase in years starting in October. Premiums will rise by just under 30% overall for nearly 663,000 residential policyholders.

Insurance and financial planning groups are split over whether regulators should expand guidance tied to the NAIC best-interest annuity sales rule. Trade groups say the current framework works, while ...

Scope, a London-based AI workflow platform for the testing, inspection, and certification industry, has raised €17.2 mn, or about $20 mn. The company will use the funding to expand its team and ...

The Supreme Court has told freight brokers across the U.S. they face lawsuits for negligent carrier selection. Montgomery v. Caribe Transport II came down unanimously, 9-0, and it removed the FAAAA ...

Verisk has made its insurance analytics available in Claude, Anthropic’s family of AI models, through standardised Verisk Model Context Protocol connectors. The connectors give insurance and property ...

UK-based insurance group Howden has acquired the intellectual property assets of Cybeta, a cyber data and analytics company. The deal is aimed at strengthening Howden’s cyber insurance capabilities ...

Florida Gov. Ron DeSantis has signed House Bill 803 into law, removing building permit requirements for construction work valued below $7,500. The law takes effect July 1. The measure exempts owners ...