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, ...

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.

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 ...

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 ...

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% ...

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.

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 ...

Rogo, an AI platform built for financial services, raised $160 mn in Series D funding led by Kleiner Perkins. Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, ...

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, ...

The Connecticut Supreme Court ruled that when a driver’s auto policy extends bodily injury coverage to a rental car, uninsured motorist coverage must also apply to injured passengers in that vehicle, ...

Herbert Ventures, a newly established venture firm based in Zurich, has launched Herbert Ventures Fund I, a €32.5 mn early-stage fund focused on pre-Seed and Seed investments across Europe. The fund ...

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 ...