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Week in Review — June 15–18, 2026

By Shefi Ben-Hutta

More than a century after GMAC was created to finance car buyers, the AmTrust lineage is acquiring a modern business built around the same idea.

Financials

Progressive reports 87.3% CR for January

By Avi Ben-Hutta ·

The insurer ended the month with a net income of $700 million.

Business

NAIC announces 2024 strategic priorities

By Coverager ·

Key priorities include climate risk, AI, race and insurance.

Investments

Cake raises $1.3 million

By Avi Ben-Hutta ·

Cake's platform connects independent agents aiming to sell whole businesses or partial accounts.

Member News

This Call May Be Recorded: Four Best Practices for Insurance Call Center Compliance

By AgentSync ·

Insurance call centers deal heavily with sensitive consumer data, so it’s important they stay up-to-date with the latest industry standards and regulations.

Innovation

Wipro backs Aggne

By Coverager ·

Founded in 2019, Aggne, with offices in Florida, and Hyderabad, has 230 employees.

Innovation

Bupa launches Bupa Ventures

By Coverager ·

Bupa Ventures is a $20 million venture capital fund aimed at investing in Australian healthcare startups.

Business

Sompo International expands operations in France

By Coverager ·

Sompo International has been granted a license to write primary insurance in France.

Business

Selective offers water monitoring device to policyholders

By Coverager ·

Phyn's solution monitors a property's plumbing system.

Business

Branch opens up agency appointments in 13 states

By Avi Ben-Hutta ·

Branch has not opened up new appointments for 8 months.

Member News

Forbes honors Sure on its Fintech 50 list for the second year in a row

By Sure, Inc. ·

Sure, the insurance technology leader that unlocks the potential of digital insurance, today announced that it has been named to the 2024 Forbes Fintech 50 list, marking the company’s second consecutive year on the influential list.

Business

Vantage Risk introduces US primary casualty insurance

By Coverager ·

Vantage's primary casualty coverages are written on a non-admitted basis nationwide and available through wholesale surplus lines brokers.

Business

HDI Embedded partners with WINDTRE and Wefox

By Avi Ben-Hutta ·

The new extended warranty offering starts at €4.99 per month.

Business

TruDoc acquires Wellthy Therapeutics

By Gabriella Ben-Hutta ·

Wellthy Therapeutics is a clinically validated chronic disease management platform.

Marketing

State Farm takes top spot according to USA TODAY

By Avi Ben-Hutta ·

The insurer aired the full commercial during Sunday's big game.

Business

Hagery to acquire a licensed carrier

By Avi Ben-Hutta ·

The deal is expected to close in Q2 2024, subject to regulatory approvals.

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Featured Jobs

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Tint

Vice President Independent Agent Operations and Strategy

Allstate

Go-To Market Manager, Ecosystem

USAA

General Manager - Product Strategy & Performance

Acuity Insurance

Member News

The Adjuster Shortage Is Turning Claims AI Into an Operating Necessity

By Yo Sub Kwon, Voltaire ·

ITC Infotech and InsureMO Partner to Bring AI-Driven Insurance Modernisation to Middle East, Africa, and India

By InsureMO, InsureMO ·

Buying Claims AI Is the Easy Part. This is How Two Claims Organizations are Making It Stick.

By Yo Sub Kwon, Voltaire ·

Zywave Announces 2026 Cyber Risk Award Winners

By Zywave ·

What Happens When Insurance Carrier Experts Retire?

By Vertafore ·

What 6,000 Insurance Leaders Were Actually Whispering About at Insurtech Insights USA

By Justin Jaksha, ePayPolicy ·

10 Cheapest Home Insurance Companies in Florida

By Melanie Musson, Clearsurance ·

Scaling Carrier Client Experience Starts Behind the Scenes

By Vertafore ·

Ivans Index May 2026 Results Released

By Michael Streit, Applied Systems ·

The Plaintiff Bar Brought AI to the Claim File. Carriers Should Arm the Adjuster.

By Yo Sub Kwon, Voltaire ·

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