Social Security inflation impact on seniors: 2027 COLA forecast
Social Security’s 2027 COLA could reach 3.5%–3.6%, adding about $73–$75 to monthly retirement benefits. Official figures arrive October 14
Insurance News
UnitedHealth (NYSE: UNH) stock price forecast 2026: Earnings beat, shares target
UnitedHealth (NYSE: UNH) stock forecast for 2026: Q3 earnings beat expectations, medical costs improve and analysts see upside toward $480
SpaceX Falcon 9 rocket launch creates ‘space jellyfish’ in Florida sky
A SpaceX Falcon 9 launch created a glowing space jellyfish over Florida on October 13, 2026. Here’s the science behind the phenomenon and NASA’s ISS mission
Harneys and droppRWA plan tokenized catastrophe bonds for 2027
Harneys and droppRWA plan tokenized catastrophe bonds to broaden access to disaster risk investments as the cat bond market reaches $65.6 bn
Tune Protect expands embedded travel insurance across Southeast Asia
Tune Protect Re expands its Airpaz partnership to offer embedded travel insurance in Indonesia, Thailand and the Philippines through regional insurance partners
California court exempts Atlanta Falcons from NFL workers’ comp claim
California appeals court rules Atlanta Falcons exempt from Wayne Gandy’s cumulative injury claim under state workers’ compensation laws for professional athletes
US data breaches in 2026 hit record high as notifications lack key details
US data breaches reached a record in 2025, with 471 mn victim notices issued in H1 2026. Experts warn that breach alerts often omit critical information
iRhythm data breach may affect 8.2 mn people, hackers stole patient information
iRhythm confirms patient data theft following a June cyberattack on third-party applications. Regulatory filings indicate up to 8.18 mn people may be affected
Daiichi Kosho data breach puts 8.7 mn records at risk in Japan
Daiichi Kosho warns that 8.72 mn customer and employee records may have been exposed after malware infected a Nippon Columbia Group computer in Japan
Denmark CPR data breach exposes 8.75 mn records via weak password
Denmark’s CPR data breach exposed 8.75 mn records after hackers allegedly exploited a ‘123456’ password at IT firm Pays, raising concerns over third-party security
Selma Blair arrested at NY’s JFK Airport after alleged assault on Delta flight attendants
Actress Selma Blair was arrested after allegedly assaulting two Delta flight attendants on a Los Angeles to New York flight. The FBI is investigating the incident
Kenny Habul HDT brand acquisition: Peter Brock’s Commodores to return
Kenny Habul relaunches Peter Brock’s HDT brand with plans for new Holden Commodores, performance upgrades, restorations and a Bathurst manufacturing facility
State Farm pays $5 bn dividend: Who qualifies and how to get paid
State Farm is distributing $5 bn to eligible auto insurance customers, averaging $100 per vehicle. Find out who qualifies and how dividend payments work
Colorado’s Affordable Care Act health insurance premiums to rise 10% in 2027
Colorado ACA health insurance premiums will rise 10% in 2027, with larger increases in Western Slope counties despite state subsidies and rate regulation
H&M investigates ShinyHunters cyberattack claims after ASOS breach
H&M investigates potential cyberattack claims linked to ShinyHunters following an ASOS data breach, raising concerns over retail cybersecurity and insurance risks
Jet2 cancels La Palma flights from Manchester and London Stansted
Jet2 cancels flights and holidays to La Palma from Manchester and London Stansted. Services end October 30, with affected passengers offered refunds or rebooking
Hurricane Isaias threatens billions in insured losses for Florida insurers
Hurricane Isaias threatens billions in insured losses as Florida insurers face new claims, wind and flood coverage disputes, and higher catastrophe exposure
Baldwin Group’s $7.7 bn buyout faces shareholder investigations
Baldwin Group’s $7.7 bn acquisition by a Michael Dell-backed consortium faces shareholder investigations over its $32.50 share price and board obligations
NAIC strengthens oversight of insurers’ private credit risks
NAIC details stronger capital rules, private credit reporting, reinsurance oversight and investment risk controls in its response to Senator Elizabeth Warren
California insurance commissioner race: Jane Kim vs. Ben Allen on reform
California insurance commissioner candidates Jane Kim and Ben Allen propose competing plans for wildfire insurance, rate regulation, FAIR Plan reform and consumer protection
Social Security COLA 2027 announcement and forecast: Benefits may rise 3.5%
Social Security’s 2027 COLA is expected at 3.5%-3.6%, with the official increase due October 14. See payment dates and how claiming age affects benefits
Berkshire Hathaway Specialty launches Venture Capital liability insurance in Australia
Berkshire Hathaway Specialty Insurance introduces venture capital liability insurance in Australia, covering fund managers, directors, officers and professional risks
Berkshire Hathaway insurance earnings fall 14% as Geico profit drops
Berkshire Hathaway’s Q2 2026 insurance underwriting earnings fell 14% to $2.18 bn as Geico profits declined 45.4% amid rising auto claims costs
Hurricane Isaias brings flood and tornado threats to North Carolina
Hurricane Isaias’ remnants threaten North Carolina with flash flooding, heavy rain and tornadoes after the storm caused four deaths in Florida and Alabama
Dr. Emmanuel Hostin and American Transit Insurance: a $459 mn no-fault insurance fraud case
American Transit dismissed fraud claims against Dr. Emmanuel Hostin, agreed to pay his invoices and apologized amid a wider $459 mn New York insurance case
Tiger kills man at Yorkshire Wildlife Park, animal will not be euthanised
A Siberian tiger named Altai fatally attacked a man at Yorkshire Wildlife Park on October 10. Police are investigating, and the tiger will not be euthanised
Tropical Storm Rachel hurricane updates: California floods and damage
Tropical Storm Rachel hurricane brings flash floods, damaging surf and strong winds to Southern California, forcing Long Beach evacuations and threatening San Diego
Ontario severe storms cause CAD 563 mn ($395 mn) in insured losses: CatIQ
CatIQ estimates CAD 563 mn ($395 mn) in insured losses from severe storms across southern Ontario, bringing large hail, tornadoes, damaging winds and flooding
Canada’s Bald Range wildfire insured losses reach CAD 313 mn ($219 mn)
CatIQ estimates CAD 313 mn ($219 mn) in insured losses from the Bald Range wildfire in British Columbia, which burned over 10,000 hectares and forced mass evacuations
Aviva launches US specialty insurance platform in New York
Aviva launches Aviva Specialty in the US, with commercial property underwriting starting in Q4 2026 and plans to expand into cyber and specialty casualty
86% of high-risk US properties lack NFIP flood insurance coverage, GAO finds
GAO finds 86% of high-risk US properties lack NFIP flood insurance and recommends broader risk mapping, higher coverage limits and mortgage reforms
US support for Medicare for all rises to two-thirds, KFF poll finds
A KFF poll finds rising US support for universal health insurance, although backing declines when voters consider the loss of private coverage
71% of Medicare Advantage members in 4-star or higher drug plans for 2027
About 71% of Medicare Advantage prescription drug plan members are enrolled in contracts receiving at least four stars for 2027
Humana shares jump 15% as 2027 Medicare Advantage ratings improve
Humana shares rise 15% after 95% of Medicare Advantage members qualify for four-star plans in 2027, potentially generating $4.8 bn in 2028 bonuses
Panama earthquake of 7.7 triggers tsunami warnings and damage
A preliminary 7.7 Panama earthquake damaged buildings, halted metro service, shut schools and prompted tsunami warnings across the region
UK P&I and TT Club approve $750 mn marine insurance merger
UK P&I and TT Club members approve a merger creating United Transport Mutual, with $750 mn in annual premiums, $888 mn in free reserves and global marine coverage
Average business interruption insurance claims exceed €850K, Allianz finds
Allianz Commercial reports average business interruption claims above €850,000, with fire, natural catastrophes and supply chain disruptions driving losses
California workers’ comp insurers face a 127% combined ratio as rising claim frequency
California workers’ compensation insurers face a 127% combined ratio as rising claim frequency, medical costs and cumulative trauma claims pressure profitability
MonsterCloud CEO charged in alleged ransomware recovery fraud
MonsterCloud owner Zohar Pinhasi faces federal fraud charges for allegedly paying hackers to decrypt ransomware while charging victims substantially higher fees
GEICO sues Brooklyn medical equipment supplier over $733K in alleged insurance fraud
GEICO alleges a Brooklyn medical supplier used kickbacks and copied prescriptions to submit over $733,000 in fraudulent New York no-fault insurance claims
AI cyberattacks surge in South Korea and Japan as threats intensify
South Korea and Japan face rising cyberattacks as experts warn AI tools are making hacking, phishing and ransomware operations cheaper and harder to detect
Allstate alleges $1.3 mn no-fault insurance fraud by Titan Diagnostic Imaging
Allstate sues Titan Diagnostic Imaging over $1.3 mn in allegedly fraudulent no-fault insurance claims involving unnecessary tests, identical records and 59 clinics
Hurricane Isaias raises commercial insurance coverage concerns for $72 bn in property
Moody’s identifies 31,659 commercial properties worth $71.8 bn exposed to Hurricane Isaias, raising concerns over insured losses and coverage gaps
UK winter 2026-2027: El Niño and polar vortex interaction raise risk of snow
UK winter forecasts suggest El Niño and polar vortex disruption could increase the risk of snow, freezing temperatures and storms, but uncertainty remains
Iran expands oil tanker attacks beyond Strait of Hormuz into Gulf
Iran widens oil tanker attacks across the Gulf, targeting vessels near Qatar and the UAE as it seeks to control the Strait of Hormuz and restrict oil exports
Hurricane Isaias reaches Category 3 as Gulf Coast evacuations expand. High wind warning
Hurricane Isaias strengthens to Category 3 with 120 mph winds, threatening Florida, Alabama and Georgia with storm surge, flooding and power outages
US seizes Chinese cyber hacking tools linked to Flax Typhoon attacks
US authorities dismantle Microscan and FishHub infrastructure linked to China’s Flax Typhoon hackers targeting global critical infrastructure
Lemonade expands Tesla FSD insurance discounts to HW3 vehicles
Lemonade expands Autonomous Car insurance to Tesla HW3 vehicles with FSD v14 Lite, offering 30% discounts on supervised FSD miles in three U.S. states
Aon forecasts 9% rise in global medical costs in 2027
Aon forecasts global medical costs to rise 9% in 2027, with regional trends ranging from 7.5% in Europe to 12.2% in the Middle East and Africa
Fitch affirms Sun Life’s A+ credit rating with stable outlook
Fitch maintains Sun Life’s A+ issuer and AA insurer ratings, citing strong earnings, capital adequacy and liquidity despite rising investment risk and leverage
Canada Life commits $10 bn to Canadian infrastructure projects
Canada Life plans to invest $10 bn over five years in Canadian infrastructure, energy, transportation and digital assets, subject to investment return targets
Fitch affirms Great-West Lifeco A+ rating with stable outlook
Fitch maintains Great-West Lifeco’s A+ issuer rating and AA insurer financial strength ratings, citing strong capital, earnings growth and manageable leverage
Zillion and Tokio Marine Highland expand luxury jewelry insurance
Zillion partners with Tokio Marine Highland to offer embedded jewelry and watch insurance for VIP clients through retail, collector and appraisal channels
reThought Flood expands private flood insurance distribution through Vertafore
reThought Flood selects Vertafore PL Rating to expand private flood insurance distribution, reaching over 10,000 agents and 320 insurance carriers and MGAs
Hurricane Isaias forecast to bring dangerous storm surge from Louisiana to Florida
Hurricane Isaias heads toward the US Gulf Coast with 80 mph winds as storm surge and hurricane warnings stretch from Louisiana to Florida
Hurricane Isaias becomes first hurricane of 2026 Atlantic season, with storm and flooding
Hurricane Isaias has become the first hurricane of the 2026 Atlantic season as it strengthens over the Gulf of Mexico and heads toward the northern Gulf Coast
Flood watch in Florida as heavy rain raises coastal flood threat
Heavy rain, coastal flooding and dangerous rip currents threaten Florida as a stalled front keeps parts of the state wet through late week
Florida emergency declared as Tropical Storm Isaias strengthens
Florida has activated emergency measures across 25 counties as Isaias strengthens in the Gulf, with flooding, strong winds and tornado risk ahead
Tropical Storm Isaias targets Gulf Coast as hurricane
Tropical Storm Isaias is forecast to rapidly strengthen in the Gulf, threatening Louisiana and Florida with hurricane winds, surge and flooding
Lloyd’s List Intelligence launches satellite spoofing check
Lloyd’s List Intelligence adds satellite-confirmed spoofing to Seasearcher, linking AIS anomaly detection with imagery to give maritime teams stronger evidence
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