23+ hour, 51+ min ago   (102+ words) HDI Global UK & Ireland has received approval in principle from Lloyd’s to establish Syndicate 2029. The syndicate will give HDI access to Lloyd’s global licenses, infrastructure, and distribution capabilities, complementing its existing insurance platforms. Underwriting is expected to begin in the…...

1+ day, 13+ hour ago   (108+ words) Hagerty Holding Corp. is selling 9.25 million Hagerty shares at $11.95 each in an upsized secondary offering valued at approximately $110.5 million. The underwriters have a 30-day option to purchase an additional 1.39 million shares, potentially increasing the offering to about $127.1 million. Hagerty will…...

3+ week, 21+ hour ago   (156+ words) Exzeo has authorized a program to repurchase up to $25 million of its common stock. The insurance technology company may purchase shares through open-market transactions, privately negotiated deals, block transactions, or a Rule 10b5-1 trading plan. The timing and size of any…...

3+ week, 2+ day ago   (207+ words) Inszone Insurance has moved up seven spots to become the 22nd-largest property and casualty agency in the US, according to Insurance Journal’s 2026 ranking. The Sacramento-based brokerage, which ranked No. 29 last year, now employs more than 1,500 people across 25 states. Its growth…...

3+ week, 3+ day ago   (146+ words) GM National Insurance Company, the licensed carrier that’s part of General Motors, published its Q2 2026 results, ending the first half of the year with $63.8 million in written premiums, up from $21.8 million a year earlier. The carrier reported a net underwriting loss…...

3+ week, 4+ day ago   (120+ words) Progressive released its financial results for July, ending the month with a combined ratio of 86.8% and net income of ~$961 million. Year-to-date, Progressive’s net income stands at $7.1 billion and combined ratio sits at 86.9%. The insurer had ~40.3 million policies at the end…...

3+ week, 5+ day ago   (134+ words) Munich Re has agreed to acquire cyber insurance startup At-Bay at an enterprise value of $575 million, with the transaction expected to close in the first quarter of 2027. At-Bay will be overseen by Munich Re’s HSB unit, which has supported the…...

3+ week, 5+ day ago   (165+ words) Markel has partnered with Verodat to improve data management and oversight across its delegated authority business. Markel will use Verodat’s bordereaux platform to automate the collection, validation and processing of data submitted by delegated partners. The platform converts non-standardized bordereaux…...

3+ week, 5+ day ago   (119+ words) Tokio Marine Group has made a strategic investment in carbon insurance specialist Kita. Financial terms were not disclosed. The investment expands Kita’s existing relationship with Tokio Marine Kiln, which has focused on political risk insurance for carbon credit transactions. Kita…...

3+ week, 6+ day ago   (201+ words) Starpeak renewed its binder with AXA XL’s UK and Lloyd’s business for a tenth year in 2025. The post August Equity invests in Starpeak appeared first on Coverager - Insurance news and insights. UK private equity firm August Equity has invested in…...