Eskenazi Health data breach exposes Social Security and medical data
Eskenazi Health, an Indianapolis public safety-net health system, reports a phishing-related data breach exposing Social Security and medical information
🇺🇸 US Insurance News
Labcorp pays $2.3 mn over AMCA breach affecting 10.2 mn patients
Labcorp agrees to a $2.3 mn settlement with 44 states over the 2019 AMCA breach that exposed data of 10.2 mn Labcorp patients
Roseland $650K data breach settlement offers up to $5K
Roseland Community Hospital agrees to a $650,000 data breach settlement covering 101,354 people, with eligible claims of up to $5,000 due Dec. 31
Pentagon DMDC data breach exposes records of over 3 mn people
Pentagon DMDC data breach exposes data of over 3 mn people, including Social Security numbers and military jobs, after nearly a year of unauthorized access
FBI says ShinyHunters leader arrested after 140 breaches and $70 mn extortion
FBI says an alleged ShinyHunters leader was arrested in the Netherlands after the group breached 140+ organizations and received at least $70 mn
Hurricane Nolo adds to Hawaii losses after $211 mn property damage
Hurricane Nolo brings flooding, wind and outages to Hawaii after $211 mn in state property damage, while prior storms drove major insured losses
Florida orders The Wave, Hydrogen Deep to halt insurance operations over $100K in premiums
Florida orders Hydrogen Deep and The Wave Risk Retention Group to cease insurance activity after regulators found more than $100,000 in premiums were collected
Emtech launches QMT Oracle for insurance enterprise AI
Emtech launches QMT Oracle, a System Intelligence capability using its Digital Blueprint to give insurers trusted enterprise system knowledge for AI
NYC lawmakers proposes AI whistleblower rewards and developer liability
New York City Council proposes AI whistleblower rewards, developer liability, third-party reviews and human kill switches ahead of an Oct. 5 hearing
Buffalo Diocese insurers agree to $177 mn abuse settlement
Buffalo Diocese insurers agree to contribute $177 mn to clergy abuse claims, bringing the proposed victims’ compensation fund to $327 mn
U.S. Senate extends the Terrorism Risk Insurance Program through 2034
U.S. Senate passes S. 4395 by unanimous consent to extend the Terrorism Risk Insurance Program through 2034, beyond its current 2027 expiration
Home insurtech Hippo launches AI claims workflow to support 35% more volume
Hippo, a technology-native insurance group, launches an AI-driven claims workflow designed to support 30-35% more claims volume with current staffing
Hurricane Polo remnants bring flood watch across New Mexico
Hurricane Polo remnants and moisture from Tropical Storm Odalys bring heavy rain and flash flood risk across New Mexico through Tuesday night
FDA chlorthalidone dissolution testing recall: Inventia Healthcare recalls 13,567 bottles
FDA chlorthalidone dissolution testing recall covers 13,567 bottles from Inventia Healthcare after 25 mg tablets failed dissolution specifications
SiriusPoint and Sutton Special Risk launch SportsSecure for college athletics
SiriusPoint, a specialty underwriter, and Sutton Special Risk launch SportsSecure to cover injury-related NIL and revenue-sharing exposures in college sports
Tropical Storm Hanna formed in the central subtropical Atlantic Ocean
Tropical Storm Hanna forms east-northeast of Bermuda with 45 mph winds. NHC expects little change in strength, with no threat to land
Kelvin wave tied to El Niño is moving toward California, increasing coastal flood risk
A Pacific Kelvin wave tied to El Niño is moving toward California, with sea levels expected to rise by up to 1 foot and increase coastal flood risk
Insurtech Artificial Labs unveils new brand identity after international expansion
Artificial, a digital broking and underwriting technology provider, launches a new brand identity after funding, U.S. and German expansion
Nor’easter brings flood and wind losses across US East Coast
A strong nor’easter brings coastal flooding, heavy rain and damaging winds across the US East Coast, with further rain expected in the Northeast
EigenRisk adds Swiss Re CatNet hazard data to EigenPrism
EigenRisk adds Swiss Re CatNet hazard data to EigenPrism, giving insurers, MGAs and brokers access to global catastrophe risk analytics in one platform
ANV acquires Car Care Plan from AmTrust Financial Services
ANV Group completes its acquisition of UK vehicle warranty MGA Car Care Plan from AmTrust, adding operations across Europe, the US, Turkey and China
National Life adds new index options to SummitLife Indexed Universal Life Insurance product
National Life Group adds Bloomberg MAVIN 10, Nasdaq 100 Multi-Asset Edge 8% and new S&P 500 crediting options to its SummitLife IUL product
Outmarket AI raises $34.5 mn Series B for insurance automation
Outmarket AI raises $34.5 mn in Series B funding led by SignalFire after reaching 10,000 users and more than 300 insurance agency customers
Vertafore launches AI document agent for insurance workflows
Vertafore releases its Velocity Document Intelligence Agent for ImageRight, using AI to search insurance documents and cut review time by up to 90%
SpaceX Starship reaches orbit under $500 mn launch liability insurance cover
SpaceX Starship reached orbit for the first time and deployed 26 Starlink V3 satellites, adding fresh data for launch, satellite and liability insurers
Delta emergency landing in Portugal raises aviation insurance exposure
Delta flight DL251 from Barcelona to Boston made an emergency landing in Porto after smoke filled the cabin, with three passengers taken to hospital
Google Cloud launches Gemini Enterprise for insurance and financial services
Google Cloud launches Gemini Enterprise for Financial Services with AI agents, 50+ finance skills, 13 data connectors and Deutsche Bank deployment plans
Mosaic Insurance launches AI underwriting platform Halo for SME risks
Mosaic Insurance launched Halo, an AI-powered underwriting platform designed to bring complex specialty insurance products to SME brokers and clients
Massachusetts auto insurers may withhold MedPay for health-covered bills
Massachusetts Appeals Court upheld Commerce Insurance’s denial of MedPay benefits for medical bills already paid through an insured’s health plan
Delaware insurance agent jailed after stealing $625K from clients
NAIC defended US state insurance regulation after Elizabeth Warren raised concerns over private credit, affiliated investments and insurer solvency
State Farm to expand claims workforce by 3,000 employees in 2027
State Farm plans to expand its claims workforce by 10% in 2027, adding about 3,000 roles as claim volumes and technical demands rise
Catastrophe insurance gap persists as reinsurance capacity grows
Reinsurance capital hit a record $785 bn, yet 57.8% of global catastrophe losses went uninsured from 2015 through 2025, Moody’s found
AI platform Equal Parts acquires Florida transportation broker Independence
Equal Parts acquired Florida-based Independence Insurance Agency, its second transportation insurance acquisition announced in consecutive weeks
NAIC tightens oversight of private credit and insurer investments
NAIC details tougher oversight of private credit, insurer investments, ratings and reinsurance as regulators respond to more complex life insurance assets
Centers for Medicare & Medicaid Services cancels ACA coverage for 760K people
CMS canceled 315,000 ACA Marketplace enrollments covering 760,000 people and froze new broker registrations as part of a federal anti-fraud review
Offshore energy insurance premiums hit $4.8 bn as margins tighten
Global offshore energy insurance premiums reached $4.8 bn in 2025 as excess capacity, rising attritional claims and renewables pressure margins
Florida homeowners insurance rates fall as more insurers seek cuts
Florida homeowners insurance rates are easing as regulators approve cuts, more insurers enter the market and premiums decline across 51 counties
Beazley confirms AI-affirmative cyber insurance coverage
Beazley confirmed AI-affirmative cyber cover as insurers clarify how policies respond when artificial intelligence contributes to cyberattacks and losses
Colorado health insurance premiums to rise 10-14% in 2027
Colorado approved 2027 health insurance increases averaging 10% for individual plans and 14% for small groups, with Grand Junction up 15.5%
Relation Insurance acquires Pennsylvania-based LaPlaca Insurance
Relation Insurance acquired LaPlaca Insurance, adding a Pennsylvania agency serving commercial, employee benefits and personal lines clients
Hawaii urges insurance checks as Hurricane Nolo approaches
Hawaii regulators urge residents to review hurricane, flood, renters and auto insurance as Hurricane Nolo approaches the islands
Tesla Insurance blocked in New York over Tesla-only auto coverage
New York regulators rejected Tesla General Insurance’s auto filing over Tesla-only eligibility, delaying the company’s insurance launch in the state
NJ Gov. Mikie Sherrill urges Lt. Gov. Dale Caldwell to resign over harassment probe
New Jersey Gov. Mikie Sherrill called on Lt. Gov. Dale Caldwell to resign after an investigation substantiated sexual harassment and ethics violations
LexisNexis and IMS bring on-device telematics to US insurers
LexisNexis and IMS integrated Drive Metrics with EdgeSDK, bringing on-device driving scores and lower-cost UBI infrastructure to US auto insurers
Washington proposes 4.9% workers’ comp insurance rate increase for 2027
Washington L&I proposed a 4.9% workers’ compensation rate increase for 2027, adding about $1.44 a week per full-time employee on average
Hurricane watch issued for Hawaii as Tropical Storm Nolo strengthens
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
Insurtech Corgi expands trucking insurance program to towing businesses
Corgi expanded its trucking insurance program to tow-truck operators, combining auto liability, on-hook and garage keepers coverage in one policy
Louisiana invests $100 mn in fortified roofs to reduce home insurance costs
Louisiana added $20 mn in federal funding for fortified roofs, bringing 2026 investment to $100 mn across programs aimed at storm damage reduction
Florida farm manager admits $3.25 mn crop insurance fraud
Florida farm manager Mark Frisbie agreed to plead guilty in a crop insurance fraud case and pay more than $3.25 mn in federal restitution
Tesla FSD exceeded speed limits in Belgian road tests
Belgian road-safety tests found Tesla FSD exceeded 30 km/h limits in 55% of tested Brussels segments and attempted prohibited cyclist overtakes
Insurtech Vertafore launches Digital Underwriter AI agents for MGAs
Vertafore introduced two Velocity AI agents for MGA underwriting, targeting renewal reviews, program configuration and faster policy processing
Silk secures $45 mn growth facility for agentic AI data platform
Silk secured $45 mn to expand its agentic AI data platform across neocloud providers, sovereign clouds and AWS, Azure and Google Cloud
Kontext raises $4 mn for AI agent runtime security
Kontext raised $4 mn led by 42CAP to expand runtime security software that controls AI agent actions across enterprise systems and tools
CRC Group launches Insurisk Cyber for cyber and tech risks
CRC Group launched Insurisk Cyber, combining cyber liability, technology E&O and professional liability with threat monitoring and risk tools
Social Security tax-only fix raises US worker costs by thousands as 2032 approaches
A tax-only Social Security fix would lift the combined payroll rate above 16%, increasing annual costs for workers and employers as 2032 approaches
Jonathan Taylor Thomas arrested after Westlake Village DUI stop
Jonathan Taylor Thomas was arrested during a Westlake Village DUI stop after deputies accused him of obstruction and public intoxication
Social Security faces 26% benefit cut under new CBO forecast
CBO projects Social Security’s retirement fund will run dry in 2032, leaving payroll revenue sufficient for only 74% of scheduled benefits
Social Security tax-only fix would raise payroll rate near 17%
A tax-only Social Security fix would lift the payroll rate from 12.4% to about 17%, adding $2,600 to $3,000 yearly for a median worker
California sets wildfire smoke damage rules for home insurers
California approved new wildfire smoke-damage rules covering insurer testing, remediation and mortgage relief after more than 13,000 claims
California insurers pledge new policies as FAIR Plan stays near 697,000
California insurers have committed to new policies under catastrophe-model rules, while FAIR Plan enrollment remains near 697,000 amid a dispute over progress
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