Insurance

Specialty insurer ANV has announced two managing-general-agency acquisitions in the same 48-hour window: Hub International's workers' compensation MGA, reported June 3, 2026 by Reinsurance News; and SCIS, a Texas-based MGA, reported June 2, 2026 by Insurance Journal. The pair extend an ANV MGA roll-up that has accelerated through the first half of 2026.

WTW has agreed to acquire Redefind, a digital-asset insurance broker, expanding its coverage of crypto and digital-asset risk — a category that has been thin on broker capacity since the 2022–2023 crypto exposure resets. Terms and closing date were not publicly disclosed.

Ethos Technologies (ticker LIFE) priced its Nasdaq IPO at $19.00/share on January 29, 2026 and closed its first trading day at $16.85 — down ~11% — for a market capitalisation of roughly $1.1B, a material markdown from the $2.7B private valuation set by SoftBank Vision Fund 2 in July 2021.

Federato closed a $100M Series D led by Growth Equity at Goldman Sachs Alternatives, bringing total funding to roughly $180M and placing the company among the best-capitalised AI-native underwriting workstations.

Whether you can buy home insurance — and from whom — now depends heavily on which state you live in. A few states are in genuine crisis (the big national carriers won't write coastal or wildfire-exposed homes). Others are stressed but workable. Most are still normal. This page sorts the states into those three buckets and links each hard market to a full breakdown.

State Farm insures hundreds of thousands of homes in Florida. A single bad hurricane season could produce more claims than the company can comfortably pay. So State Farm does not hold all that risk itself. It pays another company — say, Munich Re — to take on a defined share of any losses above a certain level. Munich Re is not insuring homeowners. It is insuring State Farm. That arrangement is reinsurance, and it sits underneath most insurance you have ever bought.

Some businesses cannot get insurance through the normal channel. The admitted carriers — the ones licensed and rate-regulated in your state — take one look at the risk and decline. A Florida inn built with wood frames on the waterfront. A cannabis dispensary. A company operating a fleet of commercial drones. These are not uninsurable. They are just risks the standard market does not want to price. That is exactly what the excess and surplus lines market exists to handle. This piece explains how it works, who the main players are, and why the market has grown to $81 billion in annual premium.