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ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Neptune Insurance Holdings Inc. (“Neptune” or the “Company”) (NYSE: NP), the parent company of Neptune Flood Incorporated, today reported revenue of $44.4 million for the third quarter of 2025, up 31.2% from the third quarter of 2024. The Company reported net income of $11.5 million and Adjusted EBITDA of $26.7 million. Adjusted EBITDA increased 28.6% compared to the same period in 2024. Third Quarter 2025 Highlights Third quarter Revenue growth of 31% to...

BOSTON--(BUSINESS WIRE)--ShoreOne Insurance Managers, Inc. has officially launched its residential homeowners policy with full flood insurance protection in Rhode Island. This first-of-its-kind coverage simplifies protection for coastal homeowners by combining both home and flood insurance under one policy—with one deductible and one streamlined claims process. The product, already available in New Jersey, New York, South Carolina, and Massachusetts, addresses a long-standing gap in the market...

BOSTON--(BUSINESS WIRE)--Karen Clark & Company (KCC) is pleased to announce the release of the US Severe Convective Storm (SCS) Model Version 4.0. The new model expands on the advanced physical modeling techniques KCC has introduced for this most important emerging peril. SCS losses dominate annual weather-related insured property losses in the US. The older catastrophe modeling technology still used by many reinsurers and ILS investors does not provide credible loss estimates for severe co...

SAN FRANCISCO--(BUSINESS WIRE)--kWh Analytics, the market leader in Climate Insurance, today announced the release of its inaugural Resilient Power Report, a compilation of case studies highlighting the resilience of renewable energy assets when intelligent engineering, proactive operational strategies, and collaborative risk management are implemented throughout the entire value chain. The Resilient Power Report was created as a companion piece to kWh Analytics’ widely read annual Solar Risk A...

SAN DIEGO--(BUSINESS WIRE)--FutureProof Technologies, the venture-backed insurtech revolutionizing property insurance through AI-driven underwriting, today announced that it has entered into a definitive agreement to acquire Terrafuse AI, a leading provider of wildfire risk analytics. This strategic acquisition combines Terrafuse's patented wildfire prediction technology with FutureProof's AI-enabled underwriting and pricing platform. This creates a comprehensive platform for offering next-gene...

LOS ANGELES--(BUSINESS WIRE)--Steadfast LA, in partnership with Banc of California, distributed a second round of small business recovery grants through its Small Business Initiative, awarding a total of $400,000 to ten cornerstone businesses in Altadena, Malibu, Pasadena, and the Pacific Palisades to help them reopen, restore jobs, and bring a sense of normalcy back to their communities. When combined with the first round of grants, this initiative has now disbursed $525,000 in direct support...

YORBA LINDA, Calif.--(BUSINESS WIRE)--The Metropolitan Water District of Southern California and the Yorba Linda Water District celebrated today the dedication of a new helicopter hydrant at the Robert B. Diemer Water Treatment Plant – providing firefighters a new, strategically located water source for aerial fire suppression. More than 100 community stakeholders and dignitaries attended the dedication ceremony, highlighting a shared appreciation and commitment to wildfire preparedness, region...

SEATTLE--(BUSINESS WIRE)--Flood-prone America is losing more residents than it’s gaining for the first time since 2019, according to a new report from Redfin, the real estate brokerage powered by Rocket. High-flood-risk counties saw 29,027 more people move out than in last year. By comparison, low-flood-risk counties saw 35,941 more people move in than out—the largest gain since 2019. Major hubs in coastal Florida, Texas, New York and Louisiana were driving forces behind the national net outflo...

THERMAL, Calif.--(BUSINESS WIRE)--Coulson Aviation (USA), la più grande azienda al mondo specializzata nella lotta antincendio aerea e operatrice della più avanzata flotta mista di velivoli ad ala fissa e rotante per la lotta antincendio, ha sviluppato SafeFuel, il primo sistema di bordo del settore aeronautico progettato per verificare la qualità del carburante e rilevare eventuali contaminazioni durante il rifornimento. L'innovazione giunge tra crescenti preoccupazioni sulla sicurezza a segui...

THERMAL, Kalifornien--(BUSINESS WIRE)--Coulson Aviation (USA), die weltweit größte Firma für Luft-Brandbekämpfung und Betreiber der fortschrittlichsten gemischten Starr- und Drehflügel-Feuerwehrflotte, hat SafeFuel entwickelt, das erste Bordsystem der Luftfahrt, das zur Überprüfung der Treibstoffqualität und Erkennung von Verunreinigungen während des Betankens entwickelt wurde. Die Innovation erfolgt inmitten wachsender Sicherheitsbedenken nach mehreren treibstoffbedingten Vorfällen in der mili...