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News
INSHUR expands US commercial auto programme with Mobilitas, Incline and Gen Re support - Reinsurance News
7+ hour, 53+ min ago (291+ words) 19th August 2026 - Author: Taylor Mixides - INSHUR, a global provider of embedded insurance solutions for the on-demand economy, has launched a new commercial auto insurance programme for rideshare and professional drivers across the United States. The programme is led by Mobilitas Insurance,…...
Axle secures $17.5m Series A as insurtech company expands automated platform - Reinsurance News
6+ day, 8+ hour ago (695+ words) 13th August 2026 - Author: Taylor Mixides - Axle, a technology company developing an AI-native clearinghouse for the insurance industry, has raised USD $17.5 million in Series A funding as it expands its platform for automating insurance verification and policy-related processes. The funding round was…...
Premium renewal rates up YoY across nearly all major commercial lines: Ivans
3+ mon, 1+ day ago (232+ words) 18th May 2026 - Author: Kassandra Jimenez-Sanchez - Ivans, a division of Applied Systems, has released the April 2026 results of the Ivans Index, indicating a year over year increase in average premium renewal rates across Commercial Auto, Business Owner’s Policy (BOP), General Liability, Commercial…...
Tesla’s FSD insurance could pose competitive risk to Lemonade: Jefferies - Reinsurance News
4+ mon, 4+ week ago (237+ words) 20th March 2026 - Author: Beth Musselwhite - Tesla Insurance’s Full Self-Driving (FSD) pricing poses a potential competitive risk to Lemonade’s auto insurance ambitions as its model scales, with pricing based on how the car performs in FSD through its Safety Score, potentially offering…...
Florida's Citizens eyes $2.98bn of reinsurance for 2026 risk transfer program
5+ mon, 2+ week ago (453+ words) 4th March 2026 - Author: Kane Wells - Florida’s Citizens Property Insurance Corporation has revealed that it aims to secure private reinsurance coverage of approximately $2.98 billion for its 2026 risk transfer program. According to the firm, coverage would be comprised of $1.53 billion of existing private…...
Reinsurers show strongest engagement with Florida carriers in years: Schwebach, Gallagher Re
6+ mon, 2+ day ago (585+ words) 17th February 2026 - Author: Luke Gallin - As reinsurers adjust their risk assessment models in Florida following much needed reforms, the cautious part of cautious optimism is fading and sellers are proactively engaging with Florida carriers, according to Adam Schwebach, Gallagher Re. In…...
Kin launches auto insurance for Florida and Texas customers - Reinsurance News
6+ mon, 3+ week ago (348+ words) 26th January 2026 - Author: Kassandra Jimenez-Sanchez - Kin, a digital home and auto insurance provider, has launched an auto insurance for its Florida and Texas home insurance customers, a move that allows those living in two of the most volatile US insurance markets…...
Fairness, accuracy & human empathy key as Gen AI transforms customer-insurer interaction: GA - Reinsurance News
8+ mon, 4+ week ago (791+ words) 20th November 2025 - Author: Kassandra Jimenez-Sanchez - Generative AI (Gen AI) is rapidly transforming the insurance customer journey, but its successful adoption will depend on insurers addressing core customer concerns around privacy, accuracy, and the loss of human connection, a new report by…...
ADAS technology to have significant impact on auto insurance industry: Evercore ISI - Reinsurance News
10+ mon, 1+ week ago (640+ words) 7th October 2025 - Author: Kassandra Jimenez-Sanchez - Advanced Driver-Assistance Systems (ADAS) are expected to have a significant impact on the auto insurance industry, driving near-term frequency changes to the sector, although, autonomous could have greater ramifications longer-term, according to a recent Evercore ISI....
US commercial auto insurance losses continue to mount: AM Best - Reinsurance News
10+ mon, 3+ week ago (619+ words) 26th September 2025 - Author: Kassandra Jimenez-Sanchez - The overall property and casualty (P&C) industry continues to be negatively impacted by the US commercial auto insurance sector, having accumulated over $10 billion in net underwriting losses in the last two years, according to a new…...