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 ...

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 ...

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, ...

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, ...

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 ...

Odyssey Group, a Fairfax company, has introduced a revised brand identity, bringing Hudson and Newline into closer visual alignment with OdysseyRe and the wider group. The move reflects what the ...

Akur8, which markets itself as a global actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modeling company serving life insurers and pension firms. The deal expands Akur8 ...

Cytora, a digital risk processing platform for insurers, has launched Cytora Autopilot, a new agentic AI capability built to automate end-to-end risk workflows. The release targets a long-standing ...