Former NBA player Glen Davis was released from prison on March 12 after serving 17 months for his role in a fraud scheme involving the NBA Players’ Health and Welfare Benefit Plan
Homeowners insurance pricing in Oklahoma is drawing growing political, legal, and regulatory attention. Premiums in Oklahoma rank among the highest in the United States
California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk
New York’s auto insurance reform debate is escalating as Governor Kathy Hochul presses for legislation aimed at curbing litigation linked to vehicle accidents
RockRose Risk raised $9 mn in funding to expand its brokerage platform focused on wildfire-exposed properties. CEO and founder Andrew Engler confirmed the financing
Two officers from the Los Angeles Police Department were arrested Friday on suspicion of unemployment insurance fraud linked to claims
North American (re)insurers delivered strong profitability in 2025. According to Fitch Ratings, the sector recorded an operating return on common equity of 11%
Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers
The U.S. title insurance sector’s operating margin improved to 11.4% in 2025, up from 10.3% in 2024, according to a new Fitch Ratings
Independent broker Lockton expands digital-asset premium payments as clients use crypto to fund global insurance programs
MSIG Asia CEO Clemens Philippi takes group strategy role while Norihiro Tanaka prepares to assume chairman position
Fitch says global insurers face manageable earnings pressure from Iran conflict unless escalation damages energy infrastructure or prolongs market volatility
New GDV analysis shows EVs cause fewer accidents yet generate 30–35% higher repair costs, shifting auto insurance loss economics
War-risk rates in the Strait of Hormuz climb to 3% of hull value as DFC launches $20bn reinsurance plan amid tanker strikes
Proposed U.S. legislation would exclude stablecoins from FDIC insurance, preserving $250,000 coverage solely for traditional bank deposits
Southern Farm Bureau Casualty to acquire Louisiana Farm Bureau Mutual for $46.7m, converting it to stock after surplus erosion and heavy losses
Marsh and Aon warn marine hull war premiums in the Gulf could rise 25–50% as underwriters cancel policies and reprice transits
Federal shutdown froze NFIP policy issuance and renewals, disrupting property deals and highlighting need for private flood alternatives
Delaware judge rules insurers owe no duty to defend Meta in social media addiction suits, finding alleged conduct was deliberate, not accidental
Airlines cancel thousands of flights after U.S.-Israel strikes on Iran, but standard travel insurance often excludes war-related disruptions
California lawmakers advance bipartisan bill to bar prior authorization and step therapy for FDA-approved rare disease treatments
Marine insurers cancel war risk policies in the Gulf after tanker strikes push premiums toward 1% of hull value and strand 150 vessels
Canada Life finalises £80m buy-in with Safeway Pension Scheme, securing benefits for 1,800 members as trustees advance de-risking strategy
Marine insurers are cancelling war risk cover for vessels operating in the Middle East Gulf as the United States–Israel–Iran conflict disrupts tanker traffic
NASCAR driver Kyle Busch resolves $8.5 mn lawsuit alleging Pacific Life and agent misled him on indexed universal life projections
Moody’s says US life insurers saw mixed Q4 2025 profits as spreads tightened and claims rose, with steady 2026 outlook and strong PRT demand
McKinsey outlines how AI, from predictive models to agent systems, is reshaping brokers, MGAs, TPAs and software, with $50 bn–$70 bn revenue upside
Kennedys warns escalating US, Israel and Iran hostilities threaten simultaneous losses across political violence, marine, aviation, energy and trade credit lines
Pasadena trio charged with felony insurance fraud after alleged staged Porsche crash netted $38,932 in claims, say California regulators
Trump reviews options to curb oil spike after Iran strikes, including federal tanker insurance and possible SPR use as Hormuz shipments stall
California drivers face auto premium hikes exceeding 30% in two years, driven by repair costs, heavier vehicles and inflation pressures
Pennsylvania Insurance Department orders Aetna to pay $550,000 penalty and reimburse members with interest after mental health parity violations
Georgia House sends insurance cost bills to Senate as Gov. Kemp signs amended budget with $2 bn in tax relief and public worker bonuses
Iowa lawmakers approve measure barring insurers from requiring prior authorization for mental health crisis stabilization service
Four companies and a trade group challenge Texas comptroller’s emergency rules that narrowed the Historically Underutilized Business program
EEOC files Title VII lawsuit alleging Mid-Michigan Home Health denied assignments and fired Black CNA in Michigan due to race
Louisiana Insurance Department teams with NICB and 4WARN to curb third-party litigation funding ads steering policyholders into costly lawsuits
Zurich agrees £8.1 bn takeover of Beazley to expand specialty insurance footprint, creating a $15 bn gross written premium platform
CMS proposes expanding multi-year catastrophic plans and HSA use on ACA exchanges, prompting debate over coverage gaps and financial risk
TAL, Workcom and University of Sydney partner on Pathways project to improve mental health income protection claims and recovery outcomes in Australia
Zurich’s Australian unit will buy ClearView Wealth for A$408.3m at 65 cents per share, a 21.5% premium, with board and majority shareholder backing
Nebraska proposal would require insurers to cover FDA-approved Alzheimer’s tests and treatments, aiming to reduce step therapy barriers and out-of-pocket costs
FCA launches first insurance Regulatory Priorities report, outlining captive reform plans, AI oversight and claims scrutiny for 2026
Arkansas Insurance Department issues Bulletin 4-2026 detailing new independent review timelines for insurer and PBM gold card rescission appeals
California lawmakers propose requiring insurers to give six months’ notice and specific reasons before dropping homeowners over wildfire risk
Louisiana insurance rates dip 0.4% overall in 2025, driven by a 5.8% drop in private passenger auto, while homeowners premiums rise at a slower pace
Connecticut lawmakers propose tax deductions and hearing rules for long-term care insurance hikes as seniors report premium increases of 50% to 400%
Nevada state workers and retirees push back on projected PEBP insurance increases, warning of staffing losses as deficit estimates and premium models face scrutiny
Camden Westwood Apartments fire displaces 70 residents, underscoring low renters insurance uptake and replacement cost risks for tenants
Progressive returns nearly $1bn to Florida drivers after litigation reform and lower loss costs, with average rebates around $300 per policyholder
Gallagher survey finds 82% of businesses report positive AI impact, yet data protection, hallucinations and legal risk remain leading concerns.
AM Best revised its outlook for Germany’s non-life insurance segment to stable from negative, citing sustained rate increases and improving earnings stability
Lloyd’s List Intelligence will assume management of the Lloyd’s Agency Network from April 2026, integrating marine survey expertise with global AIS and analytics capabilities
Texas alleges TP-Link misled consumers on router security and supply chain origins, citing exploited firmware flaws and links to Chinese components
PERILS estimates €467mn insured loss from Windstorm Goretti in England, France and Belgium, with France accounting for nearly 75% of claims
Fairfax Financial reports $4.77bn net earnings in 2025, 20.5% book value growth, $3.2bn investment gains and record underwriting profit across P&C units
Gartner reported that a low-growth economic environment remained the top emerging risk in the fourth quarter of 2025, marking the second consecutive quarter in which economic conditions
Swiss Re Corporate Solutions agreed to acquire QBE Insurance Group’s Global Trade Credit and Surety business, subject to regulatory approvals expected to take several months
The US Department of Labor announced formal steps to examine fraud and improper payment risks within California’s Unemployment Insurance program
Health Savings Accounts sit at the center of a renewed policy debate as health coverage costs climb for millions of Americans purchasing insurance on Affordable Care Act marketplaces
