FCA moves to simplify insurance rules, faces London market pushback
The FCA eases insurance rules to cut costs and boost flexibility, but Lloyd’s and London Market leaders say reforms stop short of real change
Insurance News
Experian warns of AI-driven cyber risks in 2026 breach forecast
Experian’s 2026 Data Breach Forecast points to AI-powered attacks, quantum risk, and rising identity fraud as cyber threats grow faster and smarter
PERILS estimates A$1,108 mn loss from Australia convective storms
PERILS sets initial insured loss at $1,108 mn for late-October 2025 severe convective storms across Australia’s east coast
US commercial insurance rates rise 3.8% in Q3 2025 – WTW
US commercial insurance pricing rose 3.8% in Q3 2025, matching Q2 and slowing sharply from 2024 as most lines eased, according to WTW data
Wisconsin Supreme Court upholds Catholic Charities UI exemption
Wisconsin’s top court leaves the state’s unemployment insurance religious exemption intact and confirms Catholic Charities qualifies after a US Supreme Court ruling
New York plans 25% rise in rideshare insurance rates by 2028
New York will lift rideshare insurance rates about 25% over three years after American Transit’s collapse, pushing higher costs toward drivers and fares
Louisiana insurers split on home rates as reforms reshape pricing
Louisiana approves a 7.5% home insurance rate cut for two carriers while allowing State Farm a near 10% increase tied to hurricane risk
US Labor Department sends fraud strike team to Minnesota UI
The US Labor Department will review Minnesota’s Unemployment Insurance program after fraud findings raised concerns over system integrity
Amazon flags Russian cyber campaign hitting Western energy networks
Amazon Threat Intelligence links a long-running Russian GRU cyber campaign to attacks on misconfigured network devices across Western critical infrastructure
Coupang data breach traced to ex-employee with system access
South Korea’s largest retailer says a former employee accessed internal systems, exposing data of 33.7 mn customers in the country’s worst cyber breach
President Trump’s AI order splits insurers and state lawmakers on regulation
President Trump’s AI executive order draws support from health insurers but sharp resistance from state insurance lawmakers over federal preemption
Illinois court tosses genetic privacy suit against State Farm Life
An Illinois appeals court dismissed a class action claiming State Farm Life violated genetic privacy law, ruling underwriting limits apply to health insurers
Iowa Attorney back dismissal of Lockheed pension transfer lawsuit
Nine state attorneys general urged a federal court to dismiss a lawsuit challenging Lockheed Martin’s pension risk transfer to Athene
Arizona court weighs Centene bid to force provider case to arbitration
Centene asked an Arizona court to move a discrimination lawsuit by health providers into arbitration, arguing contracts bar the case from court
ICIEC approved €135 mn in insurance for Turkiye’s KIAD railway
ICIEC approved €135 mn in insurance for Turkiye’s KIAD railway, supporting murabaha financing and boosting Asia–Europe rail connectivity
Michigan Supreme Court lets stand denial of benefits to workers
Michigan’s Supreme Court declined to review a challenge to a law denying indemnity benefits to undocumented workers who used false documents.
West Virginia court revives worker’s injury insurance claim against supervisor
West Virginia’s Intermediate Court of Appeals reinstated a deliberate intent claim against a supervisor while upholding dismissal of claims against the employer
47% of Texas homeowners insurance claims closed with no payout
Texas insurers closed 47% of homeowners claims without payment in 2024, shifting more repair costs onto property owners as deductibles and denials rise
Asia floods cause $20 bn losses, exposing rising climate risk
Deadly floods across South and Southeast Asia killed over 1,300 people and caused $20 bn in losses, highlighting growing climate and economic risks
Cloud pricing engines shift insurance IT from burden to advantage
Cloud-native pricing engines are reshaping insurance IT, cutting deployment friction, lowering costs, and turning pricing agility into a competitive edge
Oil tanker shipping costs set to stay high into early 2026
Aging tankers, sanctions, and tight capacity are keeping oil shipping rates elevated into 2026, with relief unlikely before new vessels arrive
Colorado ACA premiums set to jump 101% after Senate subsidy deadlock
Colorado residents buying health insurance on their own face a 101% premium jump in 2026 after the Senate failed to extend ACA subsidies
Trump plans to enlist private firms for offensive cyber operations
Draft US cyber strategy signals a shift toward using private companies for offensive cyber actions against state-backed hackers and ransomware groups
La Niña returns, driving floods, snowstorms, and rising global losses
A renewed La Niña is fueling floods in Asia, early US snowstorms, and mounting economic losses, with insurers and commodity markets bracing for impact
Historic floods overwhelm Washington as rivers hit record levels
Severe flooding across Washington strands residents, destroys homes, and forces mass evacuations as rivers exceed records and more rain looms
FEMA releases $350 mn for Helene, Debby relief after delays
FEMA approves $350 mn in disaster aid tied to Hurricane Helene and Tropical Storm Debby after pressure over hundreds of millions in unpaid funds
State Farm cuts Louisiana auto rates 5.9% for over 1 mn drivers
State Farm wins approval for a 5.9% auto rate cut in Louisiana for 2026, while homeowners premiums rise on higher hurricane loss projections
US senators press Trump administration on bird flu vaccine plan
Bipartisan senators urge the Trump administration to finalize a science-based bird flu vaccine plan for livestock amid rising outbreaks
Senators seek fixes to defense bill over helicopter safety rollback
Bipartisan senators warn a defense bill could weaken post-crash aviation safety rules and are pushing amendments after a deadly D.C. collision
Illinois law targets insurer pay to expand in-network therapy access
Illinois enacts a law setting insurer payment formulas for behavioral health, aiming to bring more therapists in-network and reduce patient out-of-pocket costs
United Airlines Boeing 777-200 to Tokyo turns back after engine failure at Dulles
A United Airlines Boeing 777 returned to Dulles after an engine failure on departure, prompting an FAA investigation and a brief airport fire
US P&C insurers post $35 bn underwriting gain through Q3 2025
US P&C insurers swung to a $34.9 bn underwriting gain in the first nine months of 2025 as premiums rose and catastrophe losses stayed muted
US lawmakers revive bill to protect NFIP rates with private flood cover
A bipartisan bill would let private flood policies count toward NFIP continuous coverage, protecting grandfathered rates and expanding consumer choice
India opens insurance fully to foreign investors, eases nuclear laws
India approves reforms to atomic energy rules and removes foreign ownership caps in insurance, aiming to attract capital and private participation
ACA subsidy expiry risks coverage losses and higher costs, experts warn
Health policy experts warn that ending ACA subsidies could double premiums, push millions uninsured, and strain hospitals, employers, and insurers
New Hampshire bills target AI claims decisions and telehealth pay
New Hampshire lawmakers move to curb insurer AI use in claims and require equal payment for telemedicine and in-person care
Poll shows 82% of Americans satisfied with health insurance coverage
An NBC News poll finds broad satisfaction with health insurance, even as coverage denials, delays, and ACA cost worries fuel political tension
InsuranceNews US expands as data shows growing demand for insurance media
InsuranceNewsUS reports rising demand for specialized insurance journalism as professionals seek clarity on regulation, risk, and market change
Ransomware victims to top 7,000 by 2026 as cloud risks rise
QBE warns ransomware victims named on leak sites could exceed 7,000 by 2026 as AI, cloud exposure, and supply chain risks push attacks higher
Largest Japanese P&C Insurers achieve strong results
Japanese property and casualty (P&C) insurers have reported strong financial results for the 2023 fiscal year, recovering from prior corporate scandals
Tiptree shareholders back DB Insurance’s $1.65 bn Fortegra takeover
Tiptree holders approve DB Insurance’s $1.65 bn Fortegra acquisition, giving the Korean carrier a US P&C platform and broader specialty reach
Georgia court says Dunkin’ cashier’s stabbing falls under workers insurance comp
A Georgia appeals panel rules a cashier’s stabbing stemmed from her job duties, triggering the workers comp exclusive remedy and blocking a premises claim
Dutch court ends bid to prosecute ex-ING CEO Ralph Hamers in AML case
Ralph Hamers will not face further prosecution over ING’s AML failures after a Hague court ruled a conviction is unlikely and ended the long-running case
Vienna Insurance Group sets evolve28 plan with €20 bn GWP goal and stronger CEE expansion
Vienna Insurance Group’s evolve28 strategy targets €20bn GWP, €1.5bn profit, a 91% combined ratio and deeper CEE growth by 2028
Oregon names TK Keen insurance commissioner as oversight demands rise
TK Keen becomes Oregon’s insurance commissioner, adding stability as DFR expands oversight, tackles reinsurance studies, and boosts consumer protections
Michigan’s Insurance regulator claims the state’s auto no-fault law cut rates
Michigan’s Department of Insurance and Financial Services (DIFS) claims the state’s 2019 auto no-fault law cut rates and reduced the number of uninsured driver
Verlan Fire Insurance sues BioLab for $20 mn over Conyers fire and toxic smoke fallout
Verlan Fire Insurance Co. seeks $20.3mn from BioLab, alleging negligence tied to the 2024 Conyers warehouse fire that blanketed metro Atlanta in toxic smoke
Louisiana tightens 2026 unemployment insurance rules with stricter searches
Louisiana raises weekly work-search requirements and sharpens eligibility rules for unemployment claims filed from Jan. 4, 2026
Colorado ACA marketplace posts early 2026 enrollment dip amid rising rates
Connect for Health Colorado reports a 5% early enrollment drop as expiring tax credits and higher premiums push shoppers to reassess their 2026 plans
OpenAI sees rapid AI uptake as insurers and banks scale real deployments
Insurers and financial firms ramp up generative AI for fraud, claims, lending and analysis, with Europe emerging as a leader in production-scale rollouts
Louisiana regulator launches Insurance Pop-Ups to give policyholders local support
Louisiana’s insurance department opens pop-up offices for in-person policy help as Commissioner Tim Temple pushes market recovery and consumer access
Washington Insurance Commissioner Patty Kudere pushes 2026 bills on restitution and home mitigation
Commissioner Patty Kuderer backs 2026 bills to expand restitution powers, ban AOBs in repair contracts and launch a wildfire-focused mitigation pilot
Helvetia gets Spain’s approval to merge Seguros and Suizo into Caser
Spain clears Helvetia’s plan to fold Seguros and Suizo into Caser, creating a top-10 insurer with 2.5mn customers and both brands running through 2027
Skyward clears approvals for $555 mn Apollo deal, targets Q1 2026 close
Skyward wins regulatory and shareholder approvals for its $555mn Apollo acquisition, adding Lloyd’s syndicates and issuing fresh 2026 pro forma guidance
5th Circuit drops Department of Labor appeal over expanded ERISA fiduciary rule
The DOL ends its appeal on the paused ERISA fiduciary rule, leaving a Texas court stay in force and industry groups claiming it protects access to retirement advice
Swiss Re sets $4.5 bn 2026 profit target and sharpens AI-driven strategy
Swiss Re outlines a $4.5bn 2026 target, lifts L&H Re goals, deepens AI use, and plans a $500mn annual buyback alongside steady dividend growth
Sen. Susan Collins presses experts on ACA subsidy fairness and income-cap debate
At a Senate HELP hearing, Sen. Collins questions experts on ACA subsidy limits, asset tests and whether high-income families should still qualify
Cyber insurance strains to match fast-shifting threats and client demands
Rising attacks, tighter underwriting and sector-specific exposures show cyber insurance maturing but still trailing criminal tactics and network complexity
Private space boom fuels rise in satellite insurance disputes and high-stakes arbitration
Commercial space now drives 80% of sector revenue and fuels a surge in satellite disputes spanning defects, launch issues, collisions and treaty claims
Relm Insurance launched OMEGASPACE and NOVASPACE to insure fast-growing space tech
Relm debuts new space-economy insurance products, adding financial, cyber and E&O cover for firms using or supplying space-based data and systems
Space insurance is roughly divided into four types of coverage. They reflect the phases of most satellite projects – preparing and launching the satellite
The aerospace reinsurance renewals season is a chance to retention levels, conditions and price to enable Global aerospace insurance market
Space and satellite insurance has evolved from simple launch coverage to a complex discipline combining contract analysis and advice, risk evaluation