US commercial insurance prices rise 0.5% in Q2 2026, WTW says
US commercial insurance prices increased 0.5% in Q2 2026, slowing from 2.5% in Q1 as property rates declined and large accounts moved negative
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Aon launches Underwriting Analytics for insurers and reinsurers
Aon launched Underwriting Analytics within its Risk Analytics Platform to help insurers assess new risks against existing portfolio accumulations
Insurtech Intellect AI outlines automation tools for wholesale insurance brokers
Intellect AI outlined how its distribution, submission and document-review tools are being used to reduce manual work across wholesale insurance placement
Square Insurance Brokers appoints Kapil Baraya to lead corporate lines
Square Insurance Brokers appointed Kapil Baraya as Head of Corporate & Commercial Lines, with responsibility for corporate insurance and life operations
Aon to acquire USI Insurance Services from KKR for $17 bn
Aon agreed to acquire USI Insurance Services from KKR and co-investors for $17 bn in cash, with closing expected in the fourth quarter of 2026
Marsh has renamed Guy Carpenter as Marsh Re
Marsh has renamed Guy Carpenter as Marsh Re, combining reinsurance and capital solutions under the broader Marsh brand after more than 100 years
World Insurance Associates acquires Pellechio Family Agency
World Insurance Associates acquired New Jersey-based Pellechio Family Agency, expanding its commercial and personal insurance business
EQT to acquire majority stake in McGill and Partners for $2 bn
EQT X agreed to acquire a majority stake in McGill and Partners for $2 bn, with Warburg Pincus exiting and Steve McGill remaining CEO
Alliant to acquire Nava Benefits and expand AI employee benefits
Alliant agreed to acquire Nava Benefits, combining its employee benefits brokerage with Nava’s AI-native HQ platform and service technology
Lockton launches US Aviation Practice led by Taylor Anderson
Lockton launches a dedicated US Aviation Practice and appoints Taylor Anderson to lead insurance, risk advisory and aviation client services nationwide
Inszone acquires Two Fong’s Bay Area insurance agency
Inszone buys Two Fong’s Inc., adding Bay Area commercial property and lessor’s risk expertise to its California brokerage network
Gallagher buys Apollo to expand digital insurance in Canada
Gallagher acquires Apollo, a Vancouver digital broker and MGA focused on tenant insurance, as Canadian insurance placement shifts further online
Insurtech Coverwatch raised $4.5 mn in pre-seed to build AI insurance broker
Insurtech Coverwatch raised $4.5 mn in pre-seed funding to expand its AI-native commercial insurance platform for risk review, carrier bids and flat-fee brokerage
New Jersey insurance brokers face Consumer Fraud Act liability after Lowe ruling
New Jersey Supreme Court rules insurance brokers, producers and agents face CFA claims tied to insurance sales, marketing and coverage advice
Aon adds $5 bn capacity to data center insurance program
Aon expands its data center insurance program with $5 bn in capacity as AI, cloud and hyperscale projects raise demand for risk cover
American Growth Insurance raises $70 mn to buy U.S. brokerages and rebuild operations with AI agents
American Growth Insurance plans to acquire U.S. brokerages and rebuild operations with AI agents, automation and a human service model
Gallagher buys broker Med James and Wilson M. Beck Insurance Services
Gallagher’s RPS acquires Overland Park-based Med James, adding MGA and wholesale brokerage capacity for retail agents in the North Central region
Howard Hughes buys Vantage in $2.1 bn insurance deal
Howard Hughes closes its $2.1 bn acquisition of Vantage, using the specialty re/insurer to shift toward a Berkshire-style holding company model
Howden US faces WTW lawsuit over yacht insurance team hires
WTW Northeast sued Howden US and former marine brokers, alleging client solicitation, loyalty breaches, and restrictive covenant violations
Freight brokers face new insurance gap after Supreme Court ruling
The Supreme Court ruling opens freight brokers to negligent carrier selection claims, exposing gaps in surety bonds and contingent auto coverage
Howden Re expands cyber reinsurance team
Howden Re added five cyber reinsurance specialists to expand US coverage, actuarial analytics, broking, account management, and exposure modelling
McGill expands aviation war insurance cover for grounded spares
McGill and Partners launched aviation war coverage for spare engines and equipment kept on the ground, closing a gap in traditional hull war policies
Specialty insurance rates in 2026 soften faster than expected, WTW’s SIMS survey shows
WTW’s SIMS survey shows specialty insurance rates fell sharply in 2025 and early 2026, with property, energy, marine, and liability lines diverging
Barbados targets MGA growth as global model scales past $104 bn
Barbados positions itself as a competitive MGA domicile, backed by regulatory efficiency, tax advantages, and rising demand for specialized insurance structures
Atrium rolls out Sofix’s BrokerBrief to automate claim analysis across Lloyd’s business
Atrium deployed Sofix’s BrokerBrief across all classes of business, adding AI-generated claim summaries and document analysis directly into claims handling workflows
WTW warns general aviation rate cuts could fade as capacity comes under pressure
WTW said general aviation insurance stayed competitive in early 2026, though major losses, M&A activity and reinsurance pressure could tighten capacity and slow rate reductions
Aon sees Lloyd’s legacy deal activity picking up as capital discipline tightens
Aon expects legacy transactions at Lloyd’s to accelerate as softer reinsurance conditions, M&A activity and focus on historic risk push carriers toward balance sheet action
Aon expands data center insurance program to $3.5 bn capacity
Aon increased its Data Center Lifecycle Insurance Program to $3.5 bn, adding coverage for operational data centers as digital infrastructure risks grow
Howden Re strengthens LatAm & Caribbean capabilities with two senior appointments
Howden Re announces the appointments of Carlos Garcia as Managing Director and Karina Lopez as Director, further strengthening its Latin America and Caribbean offering
Aon expands digital infrastructure risk team with two senior hires
Aon appointed Stephen Fox and Brian Hearst to strengthen digital infrastructure and builders’ risk advisory as demand rises for data centres and AI projects
Massachusetts insurance brokers plead guilty in $750k fraud scheme
A New Bedford couple pleaded guilty in federal court after prosecutors said they stole more than $750k from insurance clients, lenders, and providers
North Carolina court backs insurance firm in agent exit dispute
North Carolina Court dismisses most counterclaims by former agents in dispute over client poaching, leaving wage claim as sole surviving issue
Willis partners Qover to scale embedded insurance in UK affinity market
Willis teams with Qover to expand embedded insurance capabilities, combining APIs, analytics, and market access for UK businesses
Marsh rolls out BX1 Bermuda facility with $50 mn excess casualty capacity
Marsh introduces BX1 in Bermuda, offering $50 mn excess casualty capacity for US clients with streamlined claims and broader punitive damages cover
Lockton marks one year of crypto insurance premium payments
Independent broker Lockton expands digital-asset premium payments as clients use crypto to fund global insurance programs
Vistria acquires Dallas MGA Lumen to expand specialty platform
The Vistria Group acquired Lumen Holdings, a Dallas-based managing general agent underwriting commercial and personal lines across more than 30 states
Lockton Re strengthens Latin America team with senior hires
Lockton Re appoints Dario Luna as Regional Leader of Strategic Risk Solutions and adds Antonio Rodriguez to expand Latin America and Caribbean capabilities
Gallagher Bassett buys Reck & Co to expand marine insurance claims reach
Arthur J. Gallagher expands claims platform as Gallagher Bassett acquires Germany-based Reck & Co, strengthening cross-border marine and transport claims services
Aon partners with ICICI Prudential to deploy PathWise actuarial platform
ICICI Prudential Life Insurance adopts Aon’s PathWise platform to unify actuarial modelling across IRBCF and IFRS 17 as India’s life market scales
Aon delivered strong performance and finished 2025 with 9% total revenue growth
Aon delivered another quarter of strong performance and finished 2025 with 9% total revenue growth, 6% organic revenue growth and double-digit free cash flow
Brown & Brown says Howden hiring spree cut $23 mn in annual revenue
Brown & Brown CEO says staff departures to Howden US cost $23 mn in revenue, as legal disputes escalate despite strong 2025 results
Willis returns to light aviation insurance after 30-year exit
Willis re-enters the light and recreational aviation market after three decades, driven by the arrival of the London-based Crispin Speers team
Howden buys Atlantic Group in $500 mn US M&A insurance push
Howden agreed to acquire Atlantic Group for over $500 mn, strengthening its US M&A insurance business and expanding reach with private equity clients
Lockton Re launches LNAPS unit to back North American MGAs
Lockton Re opens a London-based North America portfolio solutions team, naming Henrietta Butcher to lead capacity sourcing for MGAs
Lockton Re launches London unit for North American MGA capacity
Lockton Re creates a London-based North America portfolio solutions unit to place MGA capacity from Lloyd’s and global markets
Gallagher Re launches captives risk transfer team in facultative
Gallagher Re forms a captives risk transfer team within facultative, naming Martin Hughes and Joshua Cryer to lead tailored reinsurance solutions
WTW to buy Newfront in $1.3 bn deal to expand U.S. brokerage
WTW agrees to acquire Newfront for up to $1.3 bn, adding middle-market scale, specialty depth, and AI-driven brokerage technology
Marsh McLennan buys Hawai‘i brokerages from Tradewind Group
Marsh McLennan Agency acquires Atlas, Pyramid, and IC in Hawai‘i, expanding its brokerage reach while keeping local teams and offices in place
Willis appointed of three senior hires to its Direct and Facultative team in the UK
Willis, a WTW business, announced the appointment of three senior hires to its Direct and Facultative team in Great Britain
WTW sues Howden over broker team poaching, claims “coast-to-coast” raids
WTW accuses Howden of poaching brokers and clients through nationwide raids, moving millions in business within days of staff departures
US and Canadian insurance brokers chase bigger M&A as growth slows
Insurance brokers lean on large acquisitions as organic growth cools, raising leverage risks but highlighting sector resilience and cash flow strength
Howden to acquire Gravitas Insurance, boosting US entertainment broking
Howden Broking has reached an agreement to acquire Gravitas Insurance Agency, a Los Angeles-based retail brokerage specializing in contingency insurance for music, sport, and live events
Re/Insurance brokers push reinsurers to ease terms, but strong capital keep profitability
Berenberg says brokers push reinsurers to ease terms, but strong capital and volume growth keep profitability above cost of capital despite margin squeeze
Gallagher Re to acquire Steadfast Re, expanding in Australia & Asia Pacific
Gallagher Re, the reinsurance broking arm of Arthur J. Gallagher, has agreed to acquire Steadfast Re, the Sydney-based reinsurance broker launched a decade ago
Arthur J. Gallagher ordered to pay $50 mn earnout after Delaware Court ruling
Arthur J. Gallagher & Co. must pay a $50mn earnout under terms of its acquisition of Patent Insurance Underwriting Services (PIUS) and Newlight Capital
Marsh sues former aviation head and WTW over alleged employee poaching
Marsh USA LLC is accusing the outgoing head of its aviation and space practice group of conspiring with Willis Towers Watson executives to woo away a significant portion of its aviation brokers and clients
Gallagher developed a $1 bn insurance industry solution to help airlines avoid grounding
Insurance broker Gallagher developed a $1 bn industry solution to help airlines avoid grounding their fleets immediately after a hostile nuclear detonation
Arthur J. Gallagher acquires San Francisco-based Woodruff Sawyer for $1.2 bn
Arthur J. Gallagher & Co. (AJG) will acquire San Francisco-based Woodruff Sawyer, a commercial property/casualty broker and risk management services provider, for $1.2bn
Arthur J. Gallagher & Co. agrees to $21 mn Settlement over 2020 data breach
Arthur J. Gallagher & Co. (AJG) has agreed to settle a class-action lawsuit for $21 million following a 2020 data breach that compromised personal information
Re/insurance broker Miller expands in Asia with Miller Korea
Re/insurance broker Miller has strengthened its presence in Asia by launching Miller Korea, focusing on delivering global specialty expertise to the Korean market
Reinsurance demand is rising as catastrophe losses, AI infrastructure exposure, liability claims and geopolitical risks increase insured losses
2027 global reinsurance outlook is deteriorating as softer pricing, excess capacity and rising claims inflation put pressure on margins
Global reinsurance under pricing pressure in 2026, while U.S. P&C insurance stays stable despite slower growth, softer underwriting profits and earnings
Reinsurance leaders discuss underwriting discipline, capital protection, portfolio diversification, ART, retrocession and AI-driven operating efficiency