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Pero’s Bridge partially collapsed into Bristol Harbour after a hydraulic failure. Repairs are estimated at over £1.5 mn, raising questions about infrastructure damage and insurance
UK property price growth slowed to 0.5%, Nationwide reports, as rising mortgage rates, weak buyer demand and inflation concerns weigh on the market
Main Street America Insurance has introduced a new brand identity focused on commercial insurance, alongside office consolidation plans and a proposed property sale in Keene
The Norte Fire has burned 570 acres and damaged or destroyed six homes in Southern California, as Santa Ana winds fuel wildfires, evacuations and widespread power outages
US property and casualty insurers recorded a $31.7 bn underwriting gain in H1 2026, as the combined ratio improved to 92.7% and net income rose 53%
ERGO NEXT Insurance has launched an AI-powered property inspection tool that lets small businesses complete commercial insurance inspections in about 15 minutes
Allianz Commercial reports average business interruption claims exceeding €850K, driven by concentrated production, supply chain constraints and rising recovery costs
Average business interruption insurance claims have risen more than 30% annually over two years, Allianz Commercial reports, driven by fires, supply chain disruptions and higher recovery costs
FM has introduced parametric insurance, structured risk solutions and captive cells to help commercial property clients manage insurance costs, capacity constraints and financial losses
Aon and EBRD increase Ukraine’s war risk insurance facility to €150 mn, expanding reinsurance capacity, coverage and local insurer participation
Aviva launches Aviva Specialty in the US, with commercial property underwriting starting in Q4 2026 and plans to expand into cyber and specialty casualty
A preliminary 7.7 Panama earthquake damaged buildings, halted metro service, shut schools and prompted tsunami warnings across the region
Moody’s identifies 31,659 commercial properties worth $71.8 bn exposed to Hurricane Isaias, raising concerns over insured losses and coverage gaps
Arsenal Insurance and VUSO have completed the settlement of insurance claims related to damage to two business centres belonging to the same network in Kyiv following a missile attack
Commercial property insurance rates fell 14.5% in Q2 2026 as capacity increased, while cyber pricing stayed broadly flat and casualty increases moderated
Neptune, the largest private flood insurance provider in the U.S., is opening another route to coverage through AI agents such as Meta’s Muse
Corgi Insurance launches Fine Arts Coverage for eligible artwork and collections, covering risks including damage, theft and loss for individuals and businesses
AXA XL, the P&C and specialty risk division of AXA, launches AXA XL E&S, a dedicated carrier for wholesale brokers, with underwriting starting in 2027
Aon launches Property Risk Diagnostic and Casualty Risk Diagnostic tools to help companies assess exposure, loss drivers and insurance strategy
ARX expands war risk insurance for businesses in Ukraine. Through partnerships with DFC and Lloyd’s, coverage limits can reach $30 mn
The US could receive up to 8 inches of snow as Hurricane Polo moisture fuels a hybrid storm bringing heavy rain and flooding across the US
David Jolly proposes a state catastrophe fund, while Byron Donalds backs surcharge cuts, home-hardening grants and moving Citizens policies private
California Gov. Gavin Newsom vetoes SB 877 and SB 878, two homeowner insurance bills covering claim estimates and payment delays after total losses
Hurricane Nolo brings flooding, wind and outages to Hawaii after $211 mn in state property damage, while prior storms drove major insured losses
Global offshore energy insurance premiums reached $4.8 bn in 2025 as excess capacity, rising attritional claims and renewables pressure margins
Hawaii’s Big Island is under a hurricane watch as Tropical Storm Nolo strengthens, with up to 35 inches of rain and major flooding possible
Louisiana added $20 mn in federal funding for fortified roofs, bringing 2026 investment to $100 mn across programs aimed at storm damage reduction
Truro cancelled its Bonfire Night for a second year as security, crowd controls and event costs made a 5,000-person fireworks display unaffordable
California approved new wildfire smoke-damage rules covering insurer testing, remediation and mortgage relief after more than 13,000 claims
YC-backed Soteris launches an AI platform that estimates policy-level profitability for P&C insurers after scoring $180bn in submitted premiums
Cozmo AI launches a claims automation platform for restoration networks and TPAs, covering FNOL, estimating, documentation and invoice settlement
David Jolly and Byron Donalds propose different Florida property insurance reforms covering hurricane risk, Citizens, litigation and insurer transparency
Hurricane Lowell passed west of Hawaii, bringing heavy rain and surf, with estimated damage of $600 mn and potential losses reaching $1 bn
Washington wildfire insured losses have reached an estimated $600 mn, including about $535 mn from residential claims, according to state regulators
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
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 contributes about £29 bn annually and supports over 300,000 jobs, according to a new ABI report
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 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 increased 0.5% in Q2 2026, slowing from 2.5% in Q1 as property rates declined and large accounts moved negative
Wonderful is extending its AI operating platform across underwriting, claims, servicing and compliance for P&C, life and health insurers
Insureon partnered with LIO Insurance to expand specialty commercial coverage for small businesses, starting with digital special event insurance
EigenRisk integrated GeoX property intelligence into EigenPrism, adding AI-derived attributes for more than 186 mn US commercial and residential properties
Verisk launched a US data center exposure database covering more than 2,500 facilities as insurers assess growing AI infrastructure concentrations
Aon says global P&C insurers reached 16.8% RoAE in 2025, while premium growth slowed and performance gaps widened across the sector
Allianz Commercial says AI data center investment will top $1 trn by 2027, raising construction, climate and insurance exposures
Maryland Insurance Administration recovered more than $53.5 mn for residents and businesses in H1 2026 through complaints, reviews and enforcement
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
RiskScan data shows inflation, economic decline and property insurance costs pushing insurers to reassess pricing, claims severity and capital strategy
RiskScan data shows flood, winter storms and thunderstorms driving concern as localized disasters pressure P&C pricing and preparedness
Global commercial insurance rates fell 6% in Q2 2026 as property pricing softened and casualty costs rose in the US
Qumis launches certified AI agents for commercial P&C insurance, giving brokers and carriers faster citation-backed coverage analysis
Aon expands its data center insurance program with $5 bn in capacity as AI, cloud and hyperscale projects raise demand for risk cover
Carpe Claims combines case management, image forensics, ad monitoring and claims intelligence for U.S. property and casualty carriers
Louisiana Emergency Rule 50 delays policy cancellations, renewals and claim deadlines in seven parishes after Tropical Storm Arthur
Florida approved a new clearinghouse to move Citizens commercial policies into the surplus lines market and expand private insurance participation
New York City selected Pinnacle Actuarial Resources and opened a private-sector RFEI for a city-backed affordable housing insurance program
S&P warns Florida local governments face credit pressure if voters approve a property tax plan affecting more than half of homes
New research finds extreme coastal floods are now 12 times more likely as human-driven climate change pushes sea levels higher worldwide
Fitch says Florida property insurers enter the 2026 hurricane season with stronger capital, better reinsurance, and lower Citizens exposure
