Insurtech Irys pulled in a $12.5 mn seed round led by Markd, joined by Deepwork Capital, Florida Opportunity Fund, Ansay & Associates, HICO Ventures, and JMG Capital. The cash is earmarked for hiring ...

10 major banks—including Bank of America, Goldman Sachs, Deutsche Bank, and UBS—just confirmed they’re teaming up to study the launch of a stablecoin tied to G7 currencies. Citi, MUFG, Barclays, TD ...

US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 30% in ...

A New York appellate court ruled that social media companies cannot be sued for their alleged role in the 2022 racially motivated mass shooting at a Buffalo grocery store. The court found the ...

Flood insurance coverage worth $1.3 tn sits on the edge of expiring, with Sept 30 marked as the deadline. US Congress hasn’t agreed on an extension. That means 4.7mn policyholders—homeowners, renters, ...

The Court of Appeals has ended a long-running battle over who should bear responsibility for a $5mn payout tied to a motel fire in Brinkley, Arkansas. The Aug. 18, 2025 ruling leaves Jencap Insurance ...

Marsh USA has filed a lawsuit in U.S. District Court for the Southern District of New York, accusing four former Florida-based executives of orchestrating a large-scale employee and client defection ...

Cavello Bay Reinsurance, a Bermuda-based subsidiary of Enstar Group, has filed a $400 mn lawsuit against Aspen Insurance Holdings and several affiliates, alleging breach of a 2022 reinsurance ...

Top performers and talented hires are the lifeblood of an organization, providing new skills, capabilities, perspectives, creativity and innovation. Companies that fail to consistently attract and ...

Lloyd’s of London will delay its Blueprint Two re-platforming project until at least 2028, with market testing not expected before 2026. CEO Patrick Tiernan admitted the update will frustrate ...

The United Kingdom continues to stand as one of Europe’s most dynamic startup hubs in 2025, with a unicorn ecosystem valued at over $225 bn across fintech, infrastructure, healthtech, AI, and consumer ...

The European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices, according to EIOPA’s Insurance Risk ...