Insurance
Lightning Claims Surge to $1.65 B in 2025, Avg Cost Up 43 %
U.S. homeowners insurance faced an unprecedented wave of lightning‑related losses in 2025. According to the Insurance Information Institute (Triple‑I)
Wealth
Flexstone to Acquire Glouston, Create $15B Private‑Equity Platform
Flexstone Partners announced that it will acquire Boston‑based Glouston Capital Partners, creating a combined private‑markets platform with more than $15
Insurance
AdvancedMD Unveils AI‑Powered EHR Enhancements and Automated Insurance Verification
AdvancedMD’s 2026 Summer Product Release marks a significant evolution for the company’s unified, cloud‑based platform that serves independent medical
Insurance
Pacific Prime Dubai Receives AIG’s Rising Force Award
Pacific Prime Dubai, a leading health‑insurance and employee‑benefits brokerage, was honored with AIG’s Rising Force Award on June 9
Insurance
MetLife Introduces Deferred Payment Option for Non‑Physical Injury Claims
MetLife announced a new product called the Non‑Qualified Assignment Flex Agreement (NQA‑FA), a deferred‑payment solution specifically crafted for attorneys
Insurance
KBRA Responds to Columbia Business School Private Credit Paper
KBRA has released a research commentary responding to a Columbia Business School paper titled "Rating Without Market Discipline." The original
Insurance
KBRA Analyzes NAIC PLR Review Process Impact on Insurers
KBRA released research examining the National Association of Insurance Commissioners’ (NAIC) private‑letter‑rating (PLR) review process after the NAIC’s August
Insurance
Fortegra Names Mark Rattner President
Fortegra Group, Inc., the global specialty insurer owned by DB Insurance Co., Ltd., announced that Mark Rattner will assume the role of
Insurance
Japan Life Insurers Double Reinsurance Use
Japan’s life insurers have more than doubled their reliance on reinsurance since 2020, with the cession rate climbing to over 24%
Insurance
DB Insurance Completes Acquisition of Fortegra
Fortegra Group announced that DB Insurance Co., Ltd. has finalized its acquisition of the specialty insurer. The deal, first disclosed on September
Insurance
Tiptree Completes Sale of Fortegra to DB Insurance
Tiptree Inc. (NASDAQ: TIPT) and private‑equity firm Warburg Pincus announced the closing of the previously disclosed sale of The Fortegra Group,
Insurance
MetLife Adds Annuity Cancellation Option to Guaranteed Income Program
MetLife announced a new liquidity feature for its MetLife Guaranteed Income Program (MGIP) that lets participants cancel their immediate income annuity within
Insurance
Newrez Adds Real‑Time Insurance Quotes to HomeHub Platform
Newrez announced an expansion of its partnership with digital insurance marketplace Matic, embedding Matic’s real‑time homeowners‑insurance comparison tool directly
Fintech
Duco Unveils First Agentic Operations Platform for Post‑Trade
Duco announced the launch of an agentic Operations platform designed specifically for post‑trade functions in financial services. Built on a processing
