Hurricane Lowell may cause up to $1 bn in Hawaii damage
Hurricane Lowell passed west of Hawaii, bringing heavy rain and surf, with estimated damage of $600 mn and potential losses reaching $1 bn
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Washington wildfire insured losses reach $600 mn
Washington wildfire insured losses have reached an estimated $600 mn, including about $535 mn from residential claims, according to state regulators
Orion180 Insurance Group seeks up to $340 mn in US IPO
Orion180 plans to raise up to $340 mn in a US IPO, valuing the specialty homeowners and flood insurer at about $1.7 bn at the top of the range
Insured losses from non-peak natural catastrophes exceeded $104 bn
Munich Re says insured losses from non-peak perils reached $104 bn in 2025 as cyber, AI and climate risks add pressure to reinsurance markets
UK commercial insurance adds £29 bn to economy, ABI says
UK commercial insurance contributes about £29 bn annually and supports over 300,000 jobs, according to a new ABI report
NFIP subsidies remain concentrated in Florida and higher-value properties
Neptune Flood Research Group estimates $2.6 bn in annual NFIP subsidies remain, with Florida receiving nearly half and higher-value properties taking a large share
US P&C underwriting profit rises to $31.7 bn in H1 2026
US P&C insurers posted a $31.7 bn underwriting gain in H1 2026 as the combined ratio improved to 92.7 and policyholder surplus reached $1.3 tn
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
Wonderful expands AI operating platform for insurance workflows
Wonderful is extending its AI operating platform across underwriting, claims, servicing and compliance for P&C, life and health insurers
Insureon partners with LIO Insurance on specialty small business coverage
Insureon partnered with LIO Insurance to expand specialty commercial coverage for small businesses, starting with digital special event insurance
EigenRisk adds GeoX data for 186 mn US properties
EigenRisk integrated GeoX property intelligence into EigenPrism, adding AI-derived attributes for more than 186 mn US commercial and residential properties
Verisk launches US data center exposure database for insurers
Verisk launched a US data center exposure database covering more than 2,500 facilities as insurers assess growing AI infrastructure concentrations
Global P&C insurer RoAE rises to record 16.8% in 2025
Aon says global P&C insurers reached 16.8% RoAE in 2025, while premium growth slowed and performance gaps widened across the sector
AI data center investment will top $1 trn by 2027, raising construction and insurance exposures
Allianz Commercial says AI data center investment will top $1 trn by 2027, raising construction, climate and insurance exposures
Maryland insurance regulator recovers $53.5 mn for residents and businesses
Maryland Insurance Administration recovered more than $53.5 mn for residents and businesses in H1 2026 through complaints, reviews and enforcement
Verisk estimates Kumamoto earthquake insured losses at $2.1 bn
Verisk estimates insured losses from the July 28 Kumamoto earthquake at JPY 220 bn to JPY 340 bn, or about $1.4 bn to $2.1 bn
Economic pressure is reshaping the risk environment
RiskScan data shows inflation, economic decline and property insurance costs pushing insurers to reassess pricing, claims severity and capital strategy
Flood and storm risks reshape catastrophe insurance
RiskScan data shows flood, winter storms and thunderstorms driving concern as localized disasters pressure P&C pricing and preparedness
Global commercial insurance rates fell by an average of 6% in Q2 2026
Global commercial insurance rates fell 6% in Q2 2026 as property pricing softened and casualty costs rose in the US
Insurtech Qumis launches AI agents for P&C insurance coverage analysis
Qumis launches certified AI agents for commercial P&C insurance, giving brokers and carriers faster citation-backed coverage analysis
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
Carpe launches AI claims suite for P&C insurers
Carpe Claims combines case management, image forensics, ad monitoring and claims intelligence for U.S. property and casualty carriers
Louisiana suspends insurance cancellations after Tropical Storm Arthur
Louisiana Emergency Rule 50 delays policy cancellations, renewals and claim deadlines in seven parishes after Tropical Storm Arthur
Florida approves Citizens commercial insurance clearinghouse
Florida approved a new clearinghouse to move Citizens commercial policies into the surplus lines market and expand private insurance participation
New York City advances affordable housing insurance program
New York City selected Pinnacle Actuarial Resources and opened a private-sector RFEI for a city-backed affordable housing insurance program
Florida property tax plan risks $175 bn debt market
S&P warns Florida local governments face credit pressure if voters approve a property tax plan affecting more than half of homes
Coastal flood risk now 12 times higher, study finds
New research finds extreme coastal floods are now 12 times more likely as human-driven climate change pushes sea levels higher worldwide
Florida property insurers face 2026 hurricane test
Fitch says Florida property insurers enter the 2026 hurricane season with stronger capital, better reinsurance, and lower Citizens exposure
U.S. commercial insurance price growth slows to 2.5%
WTW’s CLIPS survey shows U.S. commercial insurance prices rose 2.5% in Q1 2026, with excess liability still leading increases
Digital insurer Honeycomb raises $40 mn for AI property underwriting
Honeycomb Insurance raises $40mn led by Zeev Ventures to expand U.S. property coverage, agent tools, products, and AI underwriting
Colorado e-bike crashes raise insurance coverage questions
Colorado e-bike growth creates insurance uncertainty for riders and drivers, with uninsured motorist coverage gaining more attention after accidents
US P&C insurers post strongest Q1 underwriting result in 25 years
S&P Global Market Intelligence says U.S. P/C insurers posted an 89.5 combined ratio and $22.1 bn underwriting gain in Q1 2026
Washington wildfire town hall spotlights home insurance coverage gaps
Washington officials discussed wildfire recovery, insurance losses, underinsurance, risk scores, and retrofit grants after the 2023 Gray fire
California FAIR Plan customers will face the insurer’s largest rate increase
California FAIR Plan premiums will rise after Oct. 15, with wildfire-risk areas facing larger increases and some ZIP codes seeing decreases
Oklahoma P&C insurance rate review law changes insurance filings
Oklahoma’s HB3781 moves property and casualty insurance rate filings to review before increases take effect, with public notices starting July 2027
California insurance commissioner race tests wildfire coverage
California’s insurance commissioner race turns on wildfire claims, State Farm, FAIR Plan pressure, and Jane Kim’s public disaster coverage proposal
MS Amlin launches property treaty consortium with $67.5 mn per-risk capacity
MS Amlin launched a Lloyd’s property treaty consortium, lifting per-risk capacity from $50 mn to $67.5 mn for property lines
California seeks penalties from State Farm over LA wildfire insurance claims
California says State Farm violated claims-handling laws after the 2025 Los Angeles wildfires, with penalties expected in the $ mn range
Hurricane season may still test the US power grid – 13 named Atlantic storms this season
Forecasters expect 13 named Atlantic storms, but grid damage depends on local infrastructure, access, and repair capacity, not storm count alone
Tornado losses in Wisconsin highlight insurance gaps as storm claims surge
EF-2 tornado damage in Wisconsin underscores rising storm losses and the need for clearer homeowner coverage understanding
P&C reinsurance margins face pressure as pricing eases in 2026
Moody’s said P&C reinsurance profitability has likely peaked as pricing softens, competition spreads, and European reinsurers adjust risk appetite
US mortgage insurers posted strong 2025 underwriting results: Fitch
Fitch said US mortgage insurers delivered a 7.7% loss ratio in 2025, helped by reserve releases, stable home values, and continued high policy persistency
P&C insurers using AI outperform peers on profitability and growth
WTW survey shows North American insurers investing in AI and analytics achieve lower combined ratios and stronger premium growth
AM Best: US P&C insurance upgrades exceed downgrades in 2025
AM Best reports more upgrades than downgrades in US P&C insurance, driven by commercial lines while personal lines face pressure
California FAIR Plan expands as insurers withdraw from lower-risk neighborhoods
California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk
German P&C and life insurance profit easing in 2026 after strong 2025 – Moody’s
Moody’s says German P&C and life insurers improved in 2025, but expects underwriting profitability to soften in 2026 as cat losses normalise
Fitch sees softer US P&C insurance pricing in 2026, reinsurer outlook weakens
Fitch Ratings expects US P&C market softening in 2026 amid pricing pressure, while global reinsurance faces weaker conditions despite strong capital levels
US P&C insurance returns peak in 2025 as growth slows into 2026
Swiss Re Institute says US P&C underwriting hit a cyclical peak in 2025, with ROE set to ease and premium growth slowing through 2026-2027
Insurtech Convr AI expands commercial P&C underwriting workbench with agentic AI
Convr AI expands its commercial P&C underwriting workbench with agentic AI, UI upgrades, and deeper ontology-driven decision support
Fitch Ratings keeps neutral view on U.S. P&C insurers into 2026
Fitch Ratings holds a neutral 2026 outlook for U.S. P&C insurers, citing solid underwriting, stable earnings, and manageable macro headwinds
AM Best keeps U.S. commercial P&C insurance outlook stable on profits, yields
AM Best holds a stable outlook for U.S. commercial P&C insurance, citing strong underwriting, solid capital, and higher investment returns amid claims pressure
NFP acquires P&C broker Hamilton Insurance to expand senior care focus
NFP, an Aon company, acquires Hamilton Insurance Agency in Virginia, adding senior housing and long-term care expertise to its P&C platform
J.P. Morgan sees softer pricing cycle for European P&C insurance in 2026
J.P. Morgan expects easing property cat reinsurance rates and weaker pricing momentum across European P&C through 2026
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
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
Insurtech ZestyAI expands ZORRO Discover to all P&C lines in the US market
Insurtech ZestyAI pushed ZORRO Discover into every corner of the P&C sector, turning the platform into a single gateway for real-time intelligence drawn from millions of state filings
U.S. insurance industry sheds 700 jobs as carriers cut roles
Insurance employment dipped by 700 jobs in September, with steep losses across life, health and P&C carriers while only TPAs added positions
US P&C insurers see upgrades rise in H1 2025, downgrades steady
AM Best reports slight increase in US P&C insurer upgrades to 18 in H1 2025, downgrades flat at 20, with personal lines hit by catastrophe losses and inflation
Texas proposes binding appraisal process for auto & property insurance disputes
Texas proposes appraisal provisions for auto and property policies, with binding awards, strict timelines, and public comments open until Oct. 6.
Global P&C insurance market remained stable, with ongoing competition in property lines
The global P&C insurance market remained stable, with ongoing competition in property lines and cautious underwriting in casualty segments
Global reinsurance under pricing pressure in 2026, while U.S. P&C insurance stays stable despite slower growth, softer underwriting profits and earnings
US home claim severity rose 25.9% in 2025 as wildfire losses, repair inflation and peril shifts reshaped insurer loss trends
Global insurance pricing fell 6% in Q2, led by a 12% property drop, as capital, lower reinsurance costs and competition favored buyers
Florida’s property insurance market showed its clearest improvement in a decade, with the state’s share of US homeowners claims falling to 4.9% and lawsuits dropping to 41.3%