Top insurtech funding rounds, October 2025
There were about 65 funding events in the insurtech sector in October 2025.
Home insurers drop California, Florida policies at high rate
Of the 15 states most affected by natural disasters, California and Florida had the highest non-renewal rates in 2024, a Weiss Ratings study found.
Nationwide: 85% of independent agents recommend smart tech for homeowners
Smart home technology adoption is especially prevalent among Gen Z and Millennials, according to the 2025 Homeowners Report.
AI-powered home insurance startup expands
Stand Insurance has raised $35 million in a Series B funding round to expand its artificial intelligence-powered coverage for homeowners.
Disaster insured losses top $100B for sixth year in a row
Preliminary insured losses for the first nine months of 2025 already stand at about $105 billion, according to a report Wednesday by Gallagher Re.
State Farm sued by Illinois amid probe of homeowner premiums
Illinois sued State Farm Fire and Casualty Insurance Co. to force it to provide information for an investigation into the company’s rapidly rising premiums for homeowners.
Top insurtech funding rounds, September 2025
There were about 60 funding events in the insurtech sector in September 2025, according to a review by Digital Insurance.
Life insurer Meanwhile raises $82M
Apollo, Northwestern Mutual Future Ventures, Pantera Capital and Stillmark are joining Bain Capital and crypto investor Haun Ventures to back the Bitcoin life insurance firm.
Hedge funds targeting fire insurance hit a wall in California
Hedge funds speculating on wildfire insurance claims in California were just dealt a legal blow.
Hippo appoints new chief data officer; insurtech partnerships: Insurance news
Hippo appoints new chief data officer and several insurtech partnerships, plus more insurance news.
