Thimble, founded in 2016, provides insurance "in minutes" to a plethora of industries including pet, beauty and cleaning services through its mobile app, website or over the phone.

In an all-cash transaction valued at approximately $2.6 billion.

While depositors will be made whole under an extraordinary move by regulators, a fire sale of the entire bank and advisors fleeing to competitors create new challenges.

Also: Cancer coverage from John Hancock, Chubb; Equisoft's new investment.

The deal would put housing data provided by the acquiring intelligence provider in front of lenders early in the mortgage borrowing process.

There are several avenues for insurers and insurtechs to collaborate, including acquisition, investment, software collaborations and more.

As one of the latest examples of consolidation in the industry, the acquisition is notable in that it aims to preserve the availability of lending resources for both parent companies' customers.

After months of speculation, Truist Financial has agreed to sell 20% of its insurance brokerage subsidiary to the private-equity firm Stone Point Capital for $1.95 billion. The deal was touted as a way to provide capital for expansion and increase earnings over time.

The difficult showing comes even as the company continues to enact a multiyear strategy meant to streamline the business and increase growth.

The private mortgage insurer is purchasing Agents National and Boston National from Incenter, which itself is a unit of Finance of America.