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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.

Member News

Independent Agents on the Rise: A Dual Impact on Agents and Insurance Providers

By Justin Jaksha ·

Over 62% of all property/casualty insurance in the U.S. is written by independent agents, reflecting a major shift in the industry.

Financials

Clearcover Insurance Company reports Q1 results

By Avi Ben-Hutta ·

The carrier reported a net underwriting loss of $1.5 million during the quarter.

Investments

Munich Re Ventures announces new $125 million fund from HSB

By Coverager ·

This new fund brings MRV's assets under management to $1.2 billion.

Financials

Progressive reports 84.9% CR for April

By Avi Ben-Hutta ·

The insurer reported a combined ratio of 84.9% and net income of $986 million.

Business

Marsh launches new solution for data centers

By Coverager ·

The service includes a suite of insurance products tailored specifically for data centers.

Business

Great American promotes Daniel M. Keenan

By Gabriella Ben-Hutta ·

Great American announces the promotion of Daniel M. Keenan to Divisional President, Trucking.

Investments

Acrisure secures $2.1 billion funding round led by Bain Capital

By Coverager ·

Acrisure is now valued at $32B.

Business

Conifer launches new cannabis program

By Coverager ·

The new Cannabis Select program offers high-limit, specialty coverage for retail dispensaries, cultivators and manufacturers operating at scale.

Financials

Branch Insurance Exchange reports Q1 2025 results

By Avi Ben-Hutta ·

The reciprocal reported a net underwriting loss of $6.5 million during the quarter.

Business

Nearmap to acquire itel

By Coverager ·

The transaction values Itel at about $1.3 billion including debt.

Business

Sophos partners with Capsule

By Coverager ·

Capsule will facilitate access to cyber insurance coverage for UK organizations deploying Sophos’ cybersecurity solutions via a managed services provider.

Business

Liberty Mutual Re expands parametric proposition with Colombian agriculture product

By Coverager ·

The LM Re-developed livestock farming product leverages the expertise of parametric flood platform Floodbase and EarthDaily.

Product

YOLO expands mobility services via MooneyGo

By Coverager ·

With the roll out of roadside assistance.

Member News

Could Your Tech Stack Use a Spring Cleaning? How to Reduce Insurance IT Complexity with APIs

By AgentSync ·

The more systems you add to your tech stack, the more important it is for those technologies to communicate with one another.

Strategy

Experian eyes home insurance

By Coverager ·

The company sees home insurance as the next logical step in expanding its marketplace.

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Featured Jobs

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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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