Insurify blocks Meta’s Muse from insurance comparison platform
Insurify blocked Meta’s Muse from its insurance marketplace, citing quote context, carrier costs, privacy controls and consumer protection concerns
🇺🇸 US Insurance News
ACA broker freeze adds pressure as workers shift to employer health insurance
CMS canceled enrollments covering 760,000 people and froze new ACA broker registrations as higher Marketplace costs shift more workers toward employer plans
Cannabis insurance bill seeks to expand US insurer participation
The CLAIM Act would protect insurers serving legal cannabis businesses as non-admitted coverage and limited capacity still dominate the US market
Florida approves home insurance rate cuts ~7% for 62,000 policies
Florida approved homeowner rate cuts averaging 7% for 62,000 policies as insurers file more decreases and Citizens continues shrinking
New York opens AI office as Gov. Kathy Hochul weighs AI kill switch
New York appointed Marc Gilman to oversee RAISE Act compliance as Gov. Kathy Hochul considers additional safeguards for frontier AI developers
Bamboo Insurance postpones IPO amid volatile US listing market
Bamboo Insurance postponed its planned US IPO, citing market conditions as recent listings show mixed performance despite stronger 2026 issuance
Cyber insurance adoption reaches record 70% as AI risks grow – Travelers
Travelers found 58% of US businesses worry about cyber risk, while AI adoption outpaces governance and cyber insurance use reaches a record 70%
Hurricane Polo pressure puts Mexico catastrophe bond in focus
Hurricane Polo reached 180 mph winds and 892 mb pressure, putting pressure triggers on Mexico’s $175 mn Pacific hurricane catastrophe bond under scrutiny
Multi-agent AI moves supply chains toward autonomous execution
Lenovo, Fujitsu, Kohler and others are testing multi-agent AI for supply chain execution, routing, inventory control and disruption response
Toyota estimates $6.4 bn annual robot spending from 2028
Toyota estimates factory automation could require 400,000 robots and about $6.4 bn in annual spending from 2028 across its plants and suppliers
Aon names Jane Drummond global chief commercial officer
Aon appointed Jane Drummond global chief commercial officer from Jan. 1, 2027, succeeding Anne Corona and joining the firm’s executive committee
Kraft Heinz sues Chubb, Liberty Mutual over UPF insurance coverage
Kraft Heinz sued Chubb and Liberty Mutual over denied coverage for lawsuits linking ultra-processed foods to diabetes, liver disease and public health costs
Kastle raises $24 mn Series A for AI lending workforce
Kastle raised $24 mn led by Insight Partners to expand its AI workforce platform for consumer lending, banks and financial institutions across North America
Luzern Risk raises $45 mn for AI captive insurance platform
Luzern Risk raises a $45 mn Series B led by Insight Partners to expand its AI-native captive insurance platform and alternative risk services
Corridor launches AI employee benefits brokerage with $25 mn funding
Corridor launches with $25 mn to build an AI-native health benefits brokerage for US small businesses, pairing licensed advisors with automated workflows
YC-backed insurtech Soteris launches AI profit platform for P&C insurers
YC-backed Soteris launches an AI platform that estimates policy-level profitability for P&C insurers after scoring $180bn in submitted premiums
Insurtech Vertafore launches four AI agents for insurance agencies
Vertafore introduces four Velocity AI agents for policy servicing, document research and agency operations, with availability beginning in 2026
Cozmo AI launches claims automation platform for P&C insurance claims
Cozmo AI launches a claims automation platform for restoration networks and TPAs, covering FNOL, estimating, documentation and invoice settlement
David Jolly and Byron Donalds outline Florida property insurance plans
David Jolly and Byron Donalds propose different Florida property insurance reforms covering hurricane risk, Citizens, litigation and insurer transparency
Sapiens appoints Nazir Esmail and Maggie Fox to leadership team
Sapiens names Nazir Esmail as Chief Autonomous Enterprise Officer and Maggie Fox as CMO as it expands AI, technology and marketing leadership
Severe Caribbean hurricanes rise 94% over the past decade – Atrium research
Atrium research finds Category 3-5 Caribbean hurricanes rose 94% in a decade, increasing property losses and insurance exposure across tourism markets
McLarens names Ollie Waterman Middle East regional director
McLarens appoints Ollie Waterman as Middle East regional director from October 2026, succeeding Malcolm Addy as the loss adjuster expands across the GCC
Beagle Labs raises $4.1 mn for AI insurance underwriting platform
Beagle Labs raises $4.1 mn to expand its AI property intelligence platform, field inspection network and underwriting tools for commercial insurers
CLARA Analytics launches agentic AI platform for insurance claims
CLARA Analytics launches Agentic Intelligence for casualty and workers’ comp claims, using AI agents to support adjusters from first notice through resolution
Checkr launches AI verification platform for US insurers
Checkr launches an insurance verification platform giving US carriers access to identity, driving and public records for faster risk pricing
Lockton raises nearly $900K for Move United Warfighters
Lockton’s 11th annual Warfighters Charity Challenge raised nearly $900,000 to fund adaptive sports programs for wounded U.S. veterans
Public adjuster coalition creates US professional conduct code
More than 16 public adjusters, insurance lawyers and industry professionals establish a national code of conduct for public adjusting in the US
Emily Schaffer joins Huntington T. Block as senior vice president
Huntington T. Block appoints Emily Schaffer senior vice president of fine art insurance, adding more than 15 years of specialty brokerage experience
ShinyHunters claims FBI breach exposed employee and applicant data
ShinyHunters claims it breached FBI systems and stole data on agents and job applicants, as the FBI investigates activity affecting FBIjobs.gov
PIA New York re-elects Jason Bartow president and names 2026-27 officers
PIA New York re-elects Jason Bartow as president for 2026-27 and names new officers across its executive leadership team
Insurtech EigenRisk appoints Daniel Grimwood-Bird VP of Sales
EigenRisk appoints Daniel Grimwood-Bird as VP of Sales for EMEA, with an initial focus on expanding insurer, broker and risk management clients in London
Fitch affirms MetLife ratings with stable outlook amid strong earnings
Fitch affirms MetLife’s AA- insurer financial strength ratings and A issuer rating, citing capital, earnings, market position and lower liability risk
Skyline Public Adjusters appoints Joseph Hansen VP of strategic accounts
Skyline names Joseph W. Hansen VP of strategic accounts, expanding his role across client relationships, first-party claims and large property losses
SiriusPoint appoints Rachel Winoski as chief HR officer
SiriusPoint names Rachel Winoski chief HR officer from Oct. 5, 2026, adding the former AXA XL executive to its leadership team
83% of insurers back AI for repeatable work, 75% demand controls
ISG research for mea Platform finds 83% of insurers support AI handling repeatable work, while 75% demand insurance-specific or governed models
Patra launches AI managed services for insurance workflows
Patra launches agentic AI managed services for insurance agencies, starting with post-bind processing and E&O coverage for AI-delivered services
Florida hurricane losses could exceed $300 bn as coastal exposure grows
A Category 5 hurricane hitting Miami or Tampa Bay could cause insured losses above $300 bn as Florida’s population and property exposure keeps rising
Cigna sued over out-of-network addiction treatment payments
Ten addiction treatment providers accuse Cigna of paying 16.42% of covered charges while collecting fees tied to claim reductions
Eastward tornado Alley shift raises insured loss risk in US Midwest
Record tornado activity in Illinois, Indiana and Wisconsin is increasing insured loss exposure as severe storms shift toward more populated US regions
Healthcare cyberattacks rise as hospitals face ransomware risks (The Case of Luminis Health)
Healthcare remained the top US critical infrastructure ransomware target in 2025 as a cyberattack disrupted systems at Maryland’s Luminis Health
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
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
New York proposes prior approval for all auto insurance rate hikes
New York DFS proposed requiring prior approval for all private passenger auto insurance rate increases as part of broader 2027 budget reforms
Hormuz disruption threatens SMEs in global supply chains, UNCTAD says
UNCTAD warns Strait of Hormuz disruptions are raising energy, freight, insurance and financing costs, putting smaller businesses under pressure
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
Only 23% of insurers scale AI across the enterprise, Accenture finds
Accenture finds 81% of insurers report at least 5% GWP growth from AI and data, but only 23% have deployed AI across the enterprise
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
Life insurers struggle to convert strong consumer demand into sales
Capgemini and LIMRA find strong global demand for life insurance, but complex buying journeys and weak post-sale contact continue to hurt conversion
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
California workers’ comp medical costs rise 5% in 2026
California workers’ comp medical costs per claim rose 5% in 2025, driven by higher prices, medical-legal services and non-fee-schedule costs
AI saves underwriters time but decision quality gains lag
Hyperexponential’s 2026 survey finds AI is cutting admin work for commercial P&C underwriters, while decision quality and knowledge transfer lag
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
Billie Eilish deepfake case shows growing risks from AI-generated media
A viral AI-manipulated Billie Eilish post drew 11 mn TikTok views, illustrating growing concerns over deepfakes, celebrity likenesses and content provenance
Aon launches Underwriting Analytics for insurers and reinsurers
Aon launched Underwriting Analytics within its Risk Analytics Platform to help insurers assess new risks against existing portfolio accumulations
Guardio raises $40 mn at $1.1 bn valuation, reaches unicorn status
Consumer cybersecurity company Guardio raised $40 mn at a $1.1 bn valuation, reaching unicorn status as it expands protection against AI-driven scams
Beelzebub raises €3 mn in seed funding to expand AI cybersecurity platform
Beelzebub raised €3 mn in seed funding led by United Ventures to expand its AI cybersecurity platform, research team and US operations
ZeroRisk raises $4 mn to expand merchant risk platform in US
ZeroRisk raised $4 mn in a funding round led by Elkstone to expand its merchant risk and compliance platform, with a focus on the US market
SpaceTech ICEYE opens SAR satellite data feed with 2026 imagery
ICEYE’s open data initiative provides public access to selected SAR satellite imagery and videos, including thousands of 2026 deliverables
Insurtech Sixfold launches AI Underwriter for life and health insurance
Sixfold launched an AI underwriting platform for life, disability, long-term care and critical illness, producing case recommendations with cited evidence
The US individual life insurance market delivered another growth quarter in Q2 2026, as total new annualized with excess premium reached $4.7 bn
The global insurance sector outlook remains ‘neutral’ at 2026, as business conditions have been resilient across most markets to the more challenging macroeconomic environment
U.S. life insurers posted modest Prism score gains, with resilient capital strength despite rising annuity volumes and investment risk pressures
US insurance sector outlook for 2025-2026: capital strength, social inflation risks, P&C returns peak, Florida reforms, life insurance resilience and alt capital trends