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Florida focused Insurtech Slide plans to $340 million US IPO

Florida focused Insurtech Slide plans to $340 million US IPO

by AIP Online Bureau | Jun 18, 2025 | International News, Non-Life, Technology, Wealth Management/ Philanthropy

Slide and some of its existing stakeholders are looking to raise up to $340 million by offering 20 million shares priced between $15 and $17 each, the company revealed in a filing on Monday. Insurance tech company Slide is aiming for a valuation of up to $2.12 billion...
Hurricane Milton leaves at least 10 dead, millions without power in Florida

Hurricane Milton leaves at least 10 dead, millions without power in Florida

by AIP Online Bureau | Oct 11, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

More than 3 million homes and businesses in Florida were without power on Thursday morning, according to PowerOutage.us. At least some had already been waiting days for power to be restored after Hurricane Helene hit the area two weeks ago. Hurricane Milton plowed...

Floridians flee looming catastrophe as Hurricane Milton approaches

by AIP Online Bureau | Oct 9, 2024 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The storm was on a collision course for the Tampa Bay metropolitan area, home to more than 3 million people, though forecasters said the path could vary before the storm makes landfall late Wednesday night or early Thursday morning. Officials from U.S. President Joe...

Florida (Re)insurers to withstand Hurricane Ian, Specialists at risk, says Fitch

by AIP Online Bureau | Oct 1, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Florida is expected to have substantial economic and insured losses from hurricane Ian from heavy rainfall, storm surge and flooding. Based on our initial analysis, insured losses could range from $25 billion-$40 billion for Florida, which could increase depending on...

One of strongest storms Hurricane Ian to make landfall in Florida

by AIP Online Bureau | Sep 29, 2022 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance

Samantha Montano, an assistant professor of emergency management at Massachusetts Maritime Academy, said the powerful winds may not do the worst damage. “Certainly, the wind threat is significant with this storm,” said Montano. “But I think it’s definitely from the...

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