US new-vehicle sales forecast to reach 1.33 mn in October 2026
US new-vehicle sales are forecast to rise 0.2% in October 2026, as higher loan payments, declining trade-in equity and weaker global demand pressure the auto market
🇺🇸 US Insurance News
Latest insurance news from US insurers and regulators. Explore auto, home, life, property and casualty, pet and health insurance, including rates, insights, trends, and breaking insurance news from the United States (state by state).
US employer health insurance premiums exceed $28,000 for family coverage in 2026
US employer health insurance premiums rose 5% in 2026, exceeding $28,000 for family coverage, while nearly half of working-age adults lack adequate coverage
Hurricane Isaias generated more than 55K insurance claims in Florida
Hurricane Isaias has generated nearly $582 mn in Florida insured losses and about 55,000 claims, with US catastrophe loss estimates reaching $4.5 bn
Florida home insurance costs push Gulf Coast retirement budget to $78K
Florida retirees face annual expenses of about $78,000 for a mortgage-free Gulf Coast home, including $6,060 in homeowners insurance and $1,500 in flood coverage
GEICO to refund $10.5 mn to New Jersey auto insurance policyholders
GEICO must refund more than $10.5 mn to over 15,000 New Jersey auto insurance policyholders and pay a $1.2 mn penalty for regulatory violations
Trump’s mortgage executive order targets insurance and refinancing costs
Trump’s new executive order aims to reduce mortgage insurance and refinancing costs, with eligible homeowners potentially saving $500 to $1,500 in closing fees
US health insurance costs set to rise 9.5% in 2027 as coverage declines
US health insurance costs are projected to rise sharply in 2027, with employer expenses exceeding $19,000 per worker and individual coverage enrollment falling 18%
Magnitude 6.9 earthquake strikes Vanuatu, tsunami warning lifted
A magnitude 6.9 earthquake struck off Vanuatu on October 24, 2026, followed by a 6.3 aftershock. Authorities later cancelled a tsunami warning
Hurricane Vance nears Mexico as Typhoon Champi threatens Taiwan and Japan
Hurricane Vance could reach Category 3 strength near Mexico, while Typhoon Champi threatens Taiwan and Japan after reaching 185 mph winds
US Education Department drops PSLF challenge to student loan forgiveness rules
The US Justice Department has withdrawn two appeals over Public Service Loan Forgiveness restrictions, preserving existing eligibility rules for public sector workers
ILS capital hits $145 bn, supported by growth in cat bonds and reinsurance sidecars
Insurance-linked securities capital reached $145 bn in H1 2026, with catastrophe bonds rising 17% to $63.4 bn and sidecar capital growing 35%
DXC Technology in talks to sell insurance software unit to Eldridge Industries for $2.4 bn
DXC Technology is in advanced talks to sell its insurance software business to Eldridge Industries, which could combine the unit with Zinnia
777 Re backer 777 Partners’ cofounder Josh Wander pleads guilty in $500 mn fraud case
Josh Wander pleaded guilty to wire and securities fraud involving 777 Partners, agreeing to forfeit at least $500 mn after the investment firm’s collapse
Korra launches Deal Analysis for P&C reinsurance and ILS transactions
Korra has launched Deal Analysis, combining AI, Bayesian loss modeling and investment analytics to evaluate casualty, property and specialty reinsurance and ILS transactions
DOXA launches DOXA Re for specialty property quota share reinsurance
DOXA has established DOXA Re, a property reinsurance MGU led by James Femia, offering quota share and proportional solutions to insurers, hybrid carriers and MGAs
Outmarket AI launches self-service AI platform for insurance agencies
Outmarket Lite gives smaller insurance agencies access to AI-powered proposals, policy comparisons and coverage analysis
Insurtech Root expands car insurance coverage to Wyoming, reaching 38 US states
Root Insurance has launched in Wyoming, expanding its auto insurance operations to 38 states covering 81% of the US population as it targets nationwide growth by 2027
US health insurance brokers sue HHS over ACA marketplace registration freeze
The NABIP has sued HHS over an ACA broker registration freeze that could prevent nearly 19,000 agents from participating in 2027 marketplace enrollment
FEMA launches online flood insurance purchases through Floodsmart.gov
FEMA has introduced online purchasing for National Flood Insurance Program policies through Floodsmart.gov, expanding digital access across nearly 22,700 US communities
UnitedHealthcare and Humana cut Medicare Advantage plans for 1 mn
UnitedHealthcare and Humana are ending Medicare Advantage plans affecting nearly 1 mn members in 2027 as insurers reduce costs, restrict networks and revise benefits
New York arrests 16 in $500K auto insurance fraud crackdown
New York authorities arrested 16 people in alleged auto insurance fraud schemes involving nearly $500,000 in attempted claims, as the state targets staged crashes
US Social Security Administration cleans 50 mn records in fraud crackdown
The Social Security Administration has corrected nearly 50 mn SSN records, updating death and citizenship data to strengthen identity verification and prevent fraud
Prudential Financial sells Brazil and Mexico insurance units to CNP for $4 bn
Prudential Financial agrees to sell its Brazil and Mexico insurance businesses to CNP Assurances for $4.025 bn, with completion expected in 2027
SoFi and Prudential Financial launch term life insurance in SoFi app
SoFi partners with Prudential to offer SimplyTerm life insurance to 15.8 mn members, with digital quotes, applications and coverage available through its app
Insurtech Delegance Brokerage raises $3.1 mn to challenge insurance commissions
Delegance Brokerage raised $3.1 mn in pre-seed funding to expand its AI-powered commercial insurance platform, offering a 5% fee instead of traditional commissions
86% of insurance BPO buyers seek AI-driven contract changes
An ISG study finds 86% of insurance outsourcing buyers want revised contracts as AI changes operating costs, service expectations and risk controls
Insurtech Coverdash and 7shifts launch pay-as-you-go workers’ compensation insurance
Insurtech Coverdash partners with 7shifts to integrate pay-as-you-go workers’ compensation insurance into restaurant payroll, offering quotes from more than 40 carriers
Insurtech Stand raises $70 mn Series C at $1 bn valuation
Insurtech Stand has raised $70 mn at a $1 bn valuation to expand its catastrophe insurance platform, with more than $10 bn in insured property and discounts of up to 70%
Fintech Zaria Systems raises $5.2 mn as it seeks US national trust bank charter
Zaria Systems secured $5.2 mn in seed funding led by Lightspeed Venture Partners and applied for an OCC trust bank charter to expand structured finance services
Texas lieutenant governor race tightens as Vikki Goodwin challenges Dan Patrick
Texas Democrat Vikki Goodwin challenges Lt. Gov. Dan Patrick in 2026, despite a 38-fold campaign funding gap, with healthcare and education central to the race
Porch Group to acquire Allied Trust for $200 mn, expand insurance business
Porch Group agrees to acquire Allied Trust for $200 mn, adding $200 mn in reciprocal written premiums and expanding its insurance operations into Louisiana
Hurricane Isaias triggers 46,500 insurance claims and $582 mn in Florida – OIR
Hurricane Isaias has generated $582 mn in insured losses and more than 46,500 claims in Florida, with Santa Rosa and Escambia counties hardest hit
Hurricane Isaias privately insured losses estimated at $3 bn by KCC
Karen Clark & Company estimates $3 bn in privately insured losses from Hurricane Isaias after the Category 2 storm struck Florida’s Gulf Coast in October 2026
Oklahoma insurance election focuses on $5,533 home insurance costs
Oklahoma’s 2026 insurance commissioner candidates propose different solutions to the nation’s highest home insurance premiums, averaging $5,533 annually.
Clyde & Co hires insurance litigation partner Greg Worden in Seattle
Clyde & Co appoints Greg Worden as insurance litigation partner in Seattle, expanding its coverage, bad faith and appellate capabilities in the Pacific Northwest
Billionaire Mark Cuban says healthcare costs threaten more US jobs than AI
Mark Cuban warns that rising health insurance costs, reaching $30,000 per family annually, could drive more US layoffs and hiring freezes than artificial intelligence
Liberty Mutual launches Liberty Biberty as new insurance brand mascot
Liberty Mutual introduces Liberty Biberty, its first new mascot in eight years, expanding its insurance advertising strategy across TV, streaming and social media
Social Security retirement trust fund faces 2032 depletion
The Old-Age and Survivors Insurance (OASI) Trust Fund, which finances retirement and survivor benefits, is projected to pay 100% of scheduled benefits
NASA opens $34 bn space station contract race ahead of ISS retirement
NASA has invited bids for commercial space stations to replace the ISS, with proposals due December 8 and initial contract awards expected in spring 2027
When an AI data center changes, what should its insurer verify?
How AI data center infrastructure upgrades affect insurance underwriting assumptions, and which records can show whether critical safeguards remain effective
AI data center boom creates new insurance risks as investment hits $6.7 tn
Global data center investment could reach $6.7 tn by 2030, creating new property, cyber, construction and business interruption risks for insurers
Canada US Treasury securities ranking: holdings reach $464.6 bn, nearing China
Canada’s reported US Treasury holdings reached $464.6 bn in August 2026, narrowing the gap with China as analysts debate whether foreign investors are using Canadian custodians
Insurers adjust Amazon (NASDAQ: AMZN) stock holdings as Ayalon and Zurich Insurance increase stakes
Ayalon, Zurich and other insurers increased Amazon investments in 2026, while Manulife and Meiji Yasuda reduced holdings, according to SEC filings
Amazon layoffs continue in October after 30,000 job cuts. Why is Amazon laying off people?
Amazon has cut hundreds more corporate jobs in October 2026 after eliminating 30,000 positions in earlier rounds, while increasing AI infrastructure spending to $220 bn
Insurtech Hugo Insurance expands its US auto insurance distribution
Hugo Insurance expands its US auto insurance distribution through partnerships with Root and Bristol West, while its flexible payment model and limited coverage remain key considerations
Social Security benefits could leave couples with a $3,000 monthly gap
A married couple earning the US median household income of $87,460 could face a $3,088 monthly retirement income gap, even when both receive Social Security benefits
Norte Fire: Southern California wildfires destroy homes and force 16K evacuations
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
Humana’s $2.8 bn BlackRock deal follows Medicare Advantage ratings recovery
Humana has agreed to a $2.8 bn BlackRock joint venture for 150 CenterWell clinics as improved Medicare Advantage star ratings strengthen its 2028 earnings outlook
US cuts Affordable Care Act subsidies for 189K, targets $1.5 bn in savings
The Trump administration is ending ACA subsidies for 189,000 duplicate or deceased enrollees, projecting $738 mn in 2026 savings and $1.5 bn over the next year
US health insurance enrollment drops 18% as ACA premiums surge
US individual health insurance enrollment fell 18% to 20.5 mn in June 2026, as ACA premiums rose 58% and insurers proposed further rate increases for 2027
Tesla flying car: Tesla unveils flying Roadster with SpaceX thrusters, targets 2028 production
Tesla revealed its redesigned Roadster with SpaceX-developed thrusters, sub-second acceleration and limited flight capabilities, targeting production in 2028
Oregon school shooting kills three children and teacher in Bend
Three children and a teacher were killed in a shooting at Silver Rail Elementary School in Bend, Oregon, on October 15, 2026. A 16-year-old suspect was fatally shot by a bystander
US P&C insurers report $31.7 bn underwriting gain, combined ratio improved to 92.7%
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%
Aon appoints Leonora Siccardi as Global CEO of Risk Capital and Human Capital
Aon has named Leonora Siccardi Global Chief Execution Officer for Risk Capital and Human Capital, expanding her responsibilities across strategy, investment and execution
Vertafore launches AI agents to automate insurance policy verification and management
Vertafore has launched two AI-powered agents that reduce insurance policy data entry time by up to 87% and policy-checking time by up to 90% in early testing
Hurricane Isaias losses unlikely to weaken Florida insurers’ capital
AM Best expects Hurricane Isaias insured losses in the low billions, with limited impact on Florida insurers’ capital, insurance pricing and reinsurance renewals
Pentiv launches mortgage intelligence platform, plans NYSE ticker change
Pentiv, the new operating brand of Pineapple Financial, has launched a mortgage intelligence platform, appointed Usman Maher as CFO and CSO, and plans to change its ticker to PTIV
Insurtech ERGO NEXT launches AI property inspections for small business insurance
ERGO NEXT Insurance has launched an AI-powered property inspection tool that lets small businesses complete commercial insurance inspections in about 15 minutes
Business interruption claims 70% higher than property insurance losses
Allianz Commercial reports average business interruption claims exceeding €850K, driven by concentrated production, supply chain constraints and rising recovery costs
Business interruption insurance claims rise over 30% annually, Allianz says
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
67% of US independent insurance agents use AI, while trust and innovation drive carrier partnerships and satisfaction diverges across P&C insurance lines
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