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Month: June 2025

California regulator will broaden insurance of last resort

Commissioner Ricardo Lara announced greater transparency to come for FAIR Plan data, plus a broadening of coverage to commercial properties, homeowner associations and affordable housing.

by Admin Posted On June 26, 2025July 3, 2025
Toxic smoke damage in LA homes deepens insurance nightmare

Toxic smoke damage in LA homes deepens insurance nightmare

The state’s insurer of last resort is facing an investigation by the California Department of Insurance as well as lawsuits from policyholders.

by Admin Posted On June 26, 2025July 3, 2025

Men twice as likely to have life insurance coverage, UK Life Insurance

Over a third of people are without life insurance, according to the 2025 Life Insurance Index.

by Admin Posted On June 19, 2025June 26, 2025
Homeowners battle insurers over $2.9T climate risk

Homeowners battle insurers over $2.9T climate risk

Because of its soil and its status as the world’s fastest-warming continent, Europe is particularly exposed. The European Central Bank estimates the region’s potential damage from sinking land at more than €2.5 trillion ($2.9 billion) across all euro-area financial institutions.

by Admin Posted On June 13, 2025June 19, 2025
Brown & Brown acquires Accession for $9.8B and bolttech's $147M funding round

Brown & Brown acquires Accession for $9.8B and bolttech's $147M funding round

Brown & Brown to acquire Accession for $9.8B and bolttech’s $147 million Series C funding plus more insurance news.

by Admin Posted On June 10, 2025June 26, 2025

Meet the insurtech: Bestow

Bestow launched its first product in 2017 and has grown its platform into a tech solution for life insurance.

by Admin Posted On June 9, 2025June 19, 2025

Small retirement plans need stronger cybersecurity to insure accounts

Plan sponsors can turn to narrow fiduciary liability coverage rather than broader cyber risk insurance, according to a bond and insurance firm executive.

by Admin Posted On June 4, 2025June 12, 2025

Digital brings challenges for small, midsize life insurers: Equisoft

Life insurance companies concerned about digital customer experience, according to research from Equisoft in collaboration with the Life Insurers Council

by Admin Posted On June 1, 2025June 12, 2025

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