Chad Hemenway

By Chad Hemenway Technology is moving extremely fast, and a recent Clyde & Co survey of global business leaders has found that associated risks are

Artificial intelligence has “radically shifted” the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million.

Insurtech Lemonade reported a second quarter 2026 net loss of about $43 million compared with a loss of about $44 million during the same time in 2025.

Insurtech Hippo posted net income for the second quarter 2026 of $10.1 million compared with about $1.3 million for the period a year ago.

Artificial intelligence has "radically shifted" the cyber risk landscape, and the average cost of a data breach has reached a record of nearly $5 million.

American Family Mutual Insurance Co. has agreed to buy all outstanding shares of specialty insurer Bowhead Specialty Holdings Inc. for about $1.2 billion in cash.

Root Inc. reported second quarter 2026 net income of $25.4 million, an increase of 15% over the same period a year ago.

Wildfires have again become a major headline as about 10% of the population of Spokane, Washington has been ordered to leave their homes, and hundreds of structures have been destroyed.

An insurance brokerage network built around artificial intelligence has completed its first acquisition, adding Heller-Kowitz Insurance Advisors as its inaugural partner agency after spending the past year developing and testing its operating model and gaining private equity backing.

Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period.