Hackers accessed VL Prosperity oil supertanker propulsion system near Texas
Hackers accessed the propulsion system of oil supertanker VL Prosperity near Texas, prompting an FBI and US Coast Guard cybersecurity investigation
🇺🇸 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).
Google and DOJ remain divided over final ad tech remedies
Google and the DOJ agree on core ad tech remedies but remain split over timelines, global enforcement, publisher data access and compliance monitoring
Publishers can seek $3.2 bn from Google in ad tech case
USA Today, Daily Mail and about 5,000 publishers can seek more than $3.2 bn from Google over alleged harm tied to its AdX advertising exchange
US commercial property insurance rates fall 14.5% as market softens
Commercial property insurance rates fell 14.5% in Q2 2026 as capacity increased, while cyber pricing stayed broadly flat and casualty increases moderated
El Niño shifts US weather risks after unusually quiet hurricane season
The Atlantic enters October without a hurricane as a strengthening El Niño raises winter risks from heavy rain, flooding and tornadoes in Florida
Cowbell launches Risk Advisor AI agent for cyber policyholders
Cowbell, a provider of AI-native cyber and specialty insurance for SMEs, launches Risk Advisor, an AI agent offering evidence-backed cyber risk guidance
Insurtech SecondSight raises Series A, names Jamie Bouloux president
SecondSight, an AI operating system provider for insurance, closes its Series A and appoints former Ryan Financial Lines CEO Jamie Bouloux as president
OpenAI Medicare incident in Australia exposes AI agent disclosure risks
A Cloud Security Alliance report examines an OpenAI agent’s unauthorised access to Australia’s Medicare portal and the delay in notifying officials
Four US healthcare providers report patient data breaches
WindRose Health Network, Advantage Home Health Care, Camden Family Health and Lakes Region VNA report cybersecurity incidents involving patient data
A Texas judge approves $177 mn AT&T data breach settlement
A Texas federal judge approved AT&T’s $177 mn settlement over two 2024 data breaches affecting millions of current and former customers
Trump announces $90 Medicare payments for 20.8 mn Americans and repeats $5,000 pledge
Trump announces one-time $90 Medicare payments for 20.8 million Americans and repeats his $5,000 pledge if Republicans retain Congress
MCNA data breach settlement reached over breach affecting nearly 9 mn people
MCNA, MCNA Insurance and Healthplex reach a settlement over a 2023 data breach affecting nearly 9 mn people, with claims of up to $2,500
El Niño Kelvin wave could raise California sea levels by up to 1 foot
A Kelvin wave linked to El Niño is expected to raise California sea levels by up to 1 foot, increasing coastal flooding and erosion risks along the West Coast
Greg Lui DOJ charges allege $300 mn Nvidia AI server smuggling
Greg Lui DOJ charges accuse the Earthmade Computer owner of routing over $300 mn in Nvidia AI servers to China through Malaysia and Singapore
FintechZoom.com Markets World Indices: Nasdaq leads global rebound
FintechZoom.com Markets World Indices track gains in the S&P 500, Nasdaq and European stocks as weak US jobs data shifts rate expectations
Nasdaq gains 1.2% as weak jobs data lifts U.S. stocks
U.S. stocks rose on Oct. 2 as September payroll growth slowed to 29,000, easing rate-hike expectations while Nvidia and technology shares advanced
Global stock indices S&P 500, Nasdaq and STOXX 600 rise after weak US jobs data
S&P 500, Nasdaq and STOXX 600 rose after weak US payrolls reduced October Fed hike bets, while FTSE 100 still lost 2.2% for the week
Chubb appoints Paul Jones as Head of Accident & Health, EMEA
Chubb appoints Paul Jones as Head of Accident & Health for EMEA, overseeing the insurer’s regional A&H business and growth across corporate and consumer markets
Capital One $425 mn 360 Savings settlement payments delayed by appeal
Capital One’s $425 mn 360 Savings settlement has final court approval, but payments remain on hold as an appeal continues in the Fourth Circuit
Ellington Financial $EFC stake boosted by State Street as holdings rise 7.5%
State Street raised its Ellington Financial stake by 7.5% to 4.95 mn shares as analysts maintained a Hold rating and the dividend yield reached 12.6%
Allstate sues three New York pharmacies over no-fault insurance claims
Allstate filed three RICO lawsuits against New York pharmacies, seeking recovery of $414,000 paid and relief from more than $703,000 in unpaid claim
Luigi Mangione’s New York murder trial postponed over double jeopardy claim
Luigi Mangione’s New York murder trial is postponed indefinitely as his lawyers seek dismissal after his federal guilty plea in the Brian Thompson case
DentaQuest data breach exposes health and personal data of 15 mn people
DentaQuest says at least 15 mn people were affected by a May cyberattack that exposed personal, insurance and dental or vision health information
DriveWealth breach exposes data of Revolut trading customers
DriveWealth disclosed a September breach exposing personal data of some Revolut customers who used its US stock trading infrastructure
Social Security benefit increase projection for 2027 reaches 3.5-3.6%
Social Security’s 2027 cost-of-living adjustment is forecast at 3.5-3.6%, above the 2.8% increase for 2026. he Senior Citizens League projects a 3.5% COLA, while AARP expects 3.6%
Insurtech One Inc launches XpressOne for insurance vendor payments
One Inc launches XpressOne, giving insurance vendors faster payments, simpler reconciliation, self-service controls and real-time payment visibility
Los Angeles asks LA28 to secure $650 mn cancellation insurance cover
Los Angeles has asked LA28 to obtain $650 mn in event cancellation insurance and cover losses above the limit ahead of the 2028 Olympic Games
Engine by Gen launches Savvy insurance marketplace for AI shopping agents
Engine by Gen launches an AI-agent-ready version of Savvy, its insurance marketplace, designed for private research, rate estimates and personalized quotes
Gallagher acquires Albany Insurance in New Zealand
Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting firm, acquires New Zealand-based Albany Insurance Services
Fortitude Re parent acquires Dayforward annuity insurtech platform
Fortitude Re parent FGH Parent acquires Dayforward’s annuity technology platform, distribution agreements, IP, agency operations and employees
Florida Supreme Court to hear Citizens insurance arbitration case
Florida’s Supreme Court will review whether Citizens Property Insurance can require policyholders to resolve claims through binding arbitration before DOAH
Manulife closes $3.2 bn LTC reinsurance deal with Munich Re
Manulife closes a $3.2 bn long-term care reinsurance deal with Munich Re Life US, cutting LTC morbidity sensitivity by 24% across recent transactions
Neptune Insurance brings flood insurance shopping to AI agents
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 individuals and businesses
Corgi Insurance launches Fine Arts Coverage for eligible artwork and collections, covering risks including damage, theft and loss for individuals and businesses
Bold Penguin and bolttech form global insurance distribution partnership
Bold Penguin and bolttech partner on AI-enabled commercial and personal lines insurance distribution across the U.S., Europe and Asia
Minnesota health insurance rates to rise up to 21.4% in 2027
Minnesota health insurance rates will rise 9.9% to 21.1% in the individual market and 10.6% to 21.4% for small group plans in 2027
AXA XL launches dedicated E&S insurance company for wholesale brokers
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
US insurers narrow Medicare Advantage provider access for 2027
UnitedHealthcare and Aetna will offer more Medicare Advantage plans with tighter provider networks in 2027 as insurers respond to higher medical costs
Federal Employees Health Benefits premiums to rise 10.9% for federal workers in 2027
Federal employees and retirees will pay 10.9% more on average for FEHB coverage in 2027, marking a third year of double-digit increases
Aon launches property and casualty risk diagnostic tools
Aon launches Property Risk Diagnostic and Casualty Risk Diagnostic tools to help companies assess exposure, loss drivers and insurance strategy
Lyft to pay $272.5 mn in California driver settlement
Lyft will pay $272.5 mn to settle California claims that it misclassified drivers and denied wage and workplace protections under state law
Aon launches Professional Liability Risk Analyzer for law firms
Aon plc, a global professional services firm, launches its Professional Liability Risk Analyzer to quantify law firm exposure and test insurance structures
CFTC secures $31 mn judgment in Fundsz crypto fraud case
A Florida federal court ordered two Fundsz promoters to pay more than $31mn in restitution and penalties over a crypto and precious metals fraud scheme
86% of Americans back independent AI safety standards
A Quinnipiac poll finds 86% of Americans support independent AI safety standards, while 81% put safety ahead of staying at the forefront of innovation
Jeff Bezos’ Earth Fund adds $25 mn to Pacific ocean conservation effort
Jeff Bezos’ Earth Fund adds more than $25 mn for Pacific ocean conservation as it works to distribute the remainder of his $10 bn climate pledge by 2030
Christa Pike execution halted after failed lethal injection
Tennessee halted Christa Pike’s execution after two lethal-injection attempts failed. The state suspended 2026 executions and ordered an independent review
MU stock: Micron forecasts $61.5 bn revenue as AI memory demand surges
Micron forecasts $61.5bn in quarterly revenue as AI memory demand lifts HBM sales and customer supply commitments rise to $32bn
DOJ files Minnesota federal judges misconduct complaint
The Justice Department filed a misconduct complaint against Minnesota federal judges, seeking recusals from DHS cases and an Eighth Circuit inquiry
Aggne completes Duck Creek insurance platform implementation for Capricorn Mutual
Aggne, a Wipro company, completes Capricorn Mutual’s Duck Creek implementation, replacing legacy insurance systems with a cloud-based platform
Tokio Marine selects Monitaur for AI governance across U.S. insurance units
Tokio Marine North America Services selects Monitaur’s AI governance platform for three U.S. insurers, including FlightSim testing and AI risk monitoring
KYND launches AI detection tool for cyber insurance underwriting
KYND introduces AI detection for cyber insurers, identifying AI technologies across company websites to support underwriting and portfolio risk assessment
Trump to send $500 ACA refunds to 950K Americans as health insurance premiums rise
Trump administration announces $500 ACA refund checks for over 950,000 Americans in 30 states as health insurance premiums rise in 2026
Hurricane Polo could bring snowfall as a hybrid storm forms
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
US Supreme Court rejects appeal to halt Christa Pike execution in Tennessee – First case in 200 years
US Supreme Court denies Christa Pike’s final appeal before her scheduled Tennessee execution for the 1995 murder of Colleen Slemmer
Billionaire Ken Griffin gives $3 bn for Carnegie Mellon Miami campus
Ken Griffin will give Carnegie Mellon $3 bn, with $2 bn for a Miami campus and $1 bn for Pittsburgh, marking the largest individual gift in higher education
Trump launches America.gov AI portal with Google for Medicare enrollment
Trump launches America.gov with Google Gemini and Grok, offering AI-powered access to federal services for over 100 mn Americans, with more features planned for 2027
Texas bars insurers from denying home coverage based only on roof age
Texas clarifies that home insurers cannot deny or nonrenew coverage based solely on the age of a house or roof, while physical condition remains valid
David Jolly and Byron Donalds outline competing Florida property insurance plans
David Jolly proposes a state catastrophe fund, while Byron Donalds backs surcharge cuts, home-hardening grants and moving Citizens policies private
Amazon, GoodRx drug subscriptions gain as U.S. healthcare costs rise
Amazon and GoodRx prescription subscriptions gain users as U.S. healthcare costs rise, offering selected generic drugs from $5 a month
Gov. Gavin Newsom vetoes two California wildfire insurance bills
California Gov. Gavin Newsom vetoes SB 877 and SB 878, two homeowner insurance bills covering claim estimates and payment delays after total losses
US home claim severity rose 25.9% in 2025 as wildfire losses, repair inflation and peril shifts reshaped insurer loss trends
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%
US private flood insurance market is expanding, addressing the nation’s substantial gap between economic and insured losses from flood events
Six months after wind-driven wildfires killed 30 people and destroyed thousands of homes and businesses in and around Los Angeles, the scenes in Altadena and Pacific Palisades remain severe