Insurance — Safepoint IPO filing reveals 97% revenue surge as Florida insurer market heats up; Canvas hack and refinery explosion create fresh claims exposure

Insurance · 2026-05-11

Today's insurance landscape is shaped by converging risk signals across cyber, property, and liability lines. Safepoint Insurance's IPO filing — disclosing a 96.9% revenue jump — confirms that Florida's homeowners market is generating outsized returns for carriers willing to underwrite coastal risk, extending a wave of Florida-based insurer IPOs into 2026. Meanwhile, the Canvas learning platform…