AI, IoT reshape corporate risk and insurance tools
RiskScan respondents rank AI, smart devices and IoT as the most influential technologies changing corporate risk management
🇺🇸 US Insurance News
Cyber and climate risks reshape insurance priorities
Cyber incidents, climate losses and liability pressures reshape corporate insurance risk as organizations face connected threats across value chains
Economic pressure is reshaping the risk environment
RiskScan data shows inflation, economic decline and property insurance costs pushing insurers to reassess pricing, claims severity and capital strategy
Flood and storm risks reshape catastrophe insurance
RiskScan data shows flood, winter storms and thunderstorms driving concern as localized disasters pressure P&C pricing and preparedness
ChipAgents raises $60 mn as chip AI agents gain traction
ChipAgents adds $60 mn to its Series A, taking the round to $134 mn as Micron, MediaTek and B Capital back its chip design AI agents
EXPAS turns explosion risk evidence into insurance intelligence
EXPAS converts operational safety evidence into measurable explosion risk intelligence for operators, insurers, reinsurers and brokers
Verisk acquires McKenzie Intelligence Services for catastrophe risk analytics
Verisk buys MIS to add real-time geospatial intelligence, catastrophe response data and political violence risk analytics for insurers
Insurtech Lemonade Q2 2026 revenue rises 79.4% to $294.4 mn
Lemonade beat Q2 revenue estimates as net premiums earned reached $252 mn, but softer second-half guidance sent LMND shares lower
Health insurance job lock hits 24% of U.S. workers
About 23 mn U.S. workers stay in jobs they want to leave to keep health insurance, as healthcare costs and chronic disease risks shape career choices
Insurtech Klaimee secures $5.5 mn to certify autonomous AI agents
Insurtech Klaimee secures $5.5 mn to certify autonomous AI agents and insure enterprise clients against AI-specific liability risks
Cytora adds InformData people data to insurance workflows
Cytora partners with InformData to bring verified people data into commercial insurance submissions, renewals, claims and risk monitoring
New York expands auto insurance fraud crackdown
New York is widening its campaign against auto insurance fraud after a sharp rise in suspected fraud incidents and rising pressure on vehicle owners
Insurtech Coverwatch raised $4.5 mn in pre-seed to build AI insurance broker
Insurtech Coverwatch raised $4.5 mn in pre-seed funding to expand its AI-native commercial insurance platform for risk review, carrier bids and flat-fee brokerage
New York approved a 22% workers’ comp loss cost cut for October
New York approved a 21.9% workers’ comp loss cost cut for Oct. 1, with projected employer savings above $1 bn
Global commercial insurance rates fell by an average of 6% in Q2 2026
Global commercial insurance rates fell 6% in Q2 2026 as property pricing softened and casualty costs rose in the US
AI insurance fraud cases in the U.S. nearly triple in two years – Oklahoma Insurance Commissioner
AI-generated receipts, photos and documents are driving new insurance fraud risks as Oklahoma warns policyholders and insurers
Cyber insurtech BOXX adds AI deepfake cover to Cyberboxx Business
BOXX Insurance adds affirmative AI and deepfake coverage for commercial cyber clients as social engineering fraud accelerates
Mike Mazzei attacks Oklahoma Attorney General lawsuits against insurers
Mike Mazzei says Oklahoma should focus on insurance reform, not lawsuits against State Farm and Allstate over storm claims
Allstate wins jury trial right in New Jersey insurance fraud case
New Jersey Supreme Court says Allstate fraud and RICO claims against medical providers belong in court, not PIP arbitration
Red Sea war insurance premiums rise after Houthi blockade threat
War risk premiums for Red Sea shipping rose after Yemen’s Houthis threatened a naval blockade on Saudi Arabia, raising risks for oil and trade routes
Insurtech Qumis launches AI agents for P&C insurance coverage analysis
Qumis launches certified AI agents for commercial P&C insurance, giving brokers and carriers faster citation-backed coverage analysis
New Yorkers lose Essential Plan health insurance coverage after eligibility cut
New York’s Essential Plan change leaves 450,000 residents seeking new health coverage as marketplace premiums replace low-cost insurance
Louisiana Insurance Commissioner is urging insurance checks before Gulf storm
Louisiana residents are being urged to review home and flood cover as Tropical Depression Two moves toward the Gulf Coast
Connecticut reverses insurance denial for rare transplant
Connecticut officials reverse a third coverage denial for a man needing a multivisceral transplant after doctors gave him a 10% survival chance
New Jersey insurance brokers face Consumer Fraud Act liability after Lowe ruling
New Jersey Supreme Court rules insurance brokers, producers and agents face CFA claims tied to insurance sales, marketing and coverage advice
NAIC weighs template for felon insurance license requests
NAIC reviews how states treat felony convictions, sealed records and consent requests for insurance producer licensing
Insurtech Lemonade brings renters insurance to Nebraska
Lemonade launches renters insurance in Nebraska, with app-based quotes, policy management and claims handling from $5 per month
Dubai airline returns slow as war insurance tightens
Dubai Airports says some European carriers face insurance hurdles as US-Iran strikes and travel advisories keep Gulf routes under pressure
Delaware Life Insurance faces scrutiny over Mark Walter-linked credit bets
US prosecutors examine whether Walter-controlled life insurers disclosed private credit investments tied to affiliated ventures
California telematics bill could reshape auto insurance pricing
California AB 311 would let auto insurers price optional telematics data, raising safety claims, privacy concerns and Prop. 103 objections
California FAIR Plan now insures more new home loans
California FAIR Plan coverage now appears in 5.6% of new California home loans as wildfire risk and insurance availability pressure buyers
New Jersey e-bike rules add registration and insurance
New Jersey riders now need licenses, registration and insurance for some e-bikes as the state tightens rules after fatal crashes
Aon adds $5 bn capacity to data center insurance program
Aon expands its data center insurance program with $5 bn in capacity as AI, cloud and hyperscale projects raise demand for risk cover
Insurtech Corgi launched an Artist Residency Program for artists, illustrators, writers
Corgi Insurance launches an artist residency at Corgi Cafe, giving San Francisco creators workspace, tools and access to its startup network
Deepfake hiring insurance fraud and shadow AI use are testing cyber and crime policies
Deepfake hiring fraud and shadow AI use are testing cyber and crime policies as insurers reassess insider risk, verification rules and claims wording
Carpe launches AI claims suite for P&C insurers
Carpe Claims combines case management, image forensics, ad monitoring and claims intelligence for U.S. property and casualty carriers
White House builds AI cybersecurity clearinghouse GOLD EAGLE
Gold Eagle will let US agencies and AI firms share vulnerability data, scan open-source software and review advanced models voluntarily
Trump administration prepares new safety rules for robotaxis
NHTSA is preparing behavioural safety standards for autonomous vehicles after robotaxi incidents involving construction zones, school buses and first responders
Xeneta lifts 2026 air freight rate forecast after Middle East shock
Shipper long-term rates to raise 5% to 15% during 2026 after the escalation of conflict in the Middle East changed the rate, demand and supply picture for global cargo markets
Lloyd’s backs new Hormuz marine war risk insurance consortium
Lloyd’s welcomes a Chubb-led marine war risk consortium offering extra hull, P&I and cargo capacity for Strait of Hormuz transit risks
Insurtech Cover Genius raises $100 mn at $1.9 bn valuation to expand embedded protection
Cover Genius raised $100 mn from Vista Credit Partners to expand embedded protection, AI claims tools and platform capacity across global digital partners
Insurtech Vertafore launches Velocity AI agent for MGA submission intake
Vertafore’s Velocity AI agent reads submissions, extracts data and helps MGAs move underwriting files into review with less manual work
Coalition launches Active Cyber Insurance for U.S. enterprises with up to $25 mn in limits
Coalition launches Active Cyber Insurance for U.S. enterprises with up to $25 mn in limits, Allianz capacity, telemetry and risk intelligence
American Growth Insurance raises $70 mn to buy U.S. brokerages and rebuild operations with AI agents
American Growth Insurance plans to acquire U.S. brokerages and rebuild operations with AI agents, automation and a human service model
Maryland court limits GEICO wrongful death payout to $30,000
Maryland’s highest court upheld GEICO’s household exclusion, limiting wrongful death claims by four adult children to the state’s $30,000 minimum
Utah home insurance premiums rise as wildfire risk grows
Utah home insurance premiums rose 59% since 2021 as wildfires, high-risk housing growth and insurer pricing draw lawmaker scrutiny
Connecticut expands health insurance coverage mandates
Connecticut will require insurers to cover scalp cooling, athletic prosthetics, PANDAS and PANS care, and expanded infertility treatment
Missouri insurance regulator Angela Nelson warns homeowners after rare flood emergency
Missouri insurance regulator Angela Nelson urges homeowners to review flood risk after July 10 storms caused severe flooding and rescues
Howden Re hires Jay Sogliuzzo to lead North America MET treaty
Howden Re appoints Jay Sogliuzzo to expand North America marine, energy and terror treaty capabilities amid rising geopolitical risk
New York halts large data center projects for one year
New York pauses large data center approvals above 50 MW as AI demand increases pressure on electricity, water use and local communities
Multinational cargo insurance programs strengthen supply chain control
Multinational cargo insurance programs give global companies better supply chain visibility, faster claims coordination and stronger loss prevention
Arizona law “Comma Bill” ends grammar dispute over firefighter illness insurance claims
Arizona changed workers’ compensation rules after punctuation disputes blocked firefighter illness claims and limited coverage for cancer treatment
Former NFL wide receiver Alshon Jeffery reaches deal to dismiss insurance fraud charges
Former NFL receiver Alshon Jeffery reached a conditional deal with San Diego prosecutors to dismiss two felony insurance fraud charge
Meta sued over AI-linked layoffs and disability claims
Former Meta workers allege AI-based layoff criteria penalized medical leave, disability and pregnancy. Meta denies AI made workforce decisions
Illinois joins California and New York with Artificial Intelligence Safety Measures Act
Illinois adopted AI safety rules for large model developers, adding risk reports, incident notices, audits and penalties up to $3 mn
Insurance M&A hit $29.6 bn across 191 disclosed deals, while AI began to reshape valuations
Insurance M&A reached $29.6 bn across 191 disclosed deals as AI starts to affect broker valuations, underwriting investment and capital strategy
23andMe breach settlement limits recovery to $18 mn claims and payouts
23andMe’s bankruptcy blocks California damages as 42 states secure an $18 mn settlement and customers receive $46.75 mn over the 2023 genetic data breach
California adopted a new workers’ comp advisory, rate rises 6.6%
California adopts a $1.65 workers’ comp advisory pure premium rate for September 2026, below WCIRB’s requested 10.4% increase
Mile Auto acquires Insurance House to expand pay-per-mile auto insurance
Mile Auto acquires Insurance House, creating a nearly $100 mn premium MGA platform serving 55,000 policyholders and 1,600 agencies
Oklahoma sues Allstate over storm damage insurance claim payments
Oklahoma AG Gentner Drummond sued Allstate, accusing the insurer of denying or underpaying valid wind and hail damage claims from homeowners
Flood insurance coverage worth $1.3 tn sits on the edge of expiring, marked as the deadline. Congress hasn’t agreed on an extension
Discover how motor vehicle tort cases added $42.8 bn in excess litigation costs in 2014–2024. Triple-I highlights rising case volumes and the impact on insurance costs
Dynamic trends are influencing the size and complexity of claims around the world. Proactive claims management can help organizations recover swiftly after a loss event and manage potential claims exposures.
Geoeconomic fragmentation makes managing global risks like climate, cyber, and pandemic risks more difficult for insurance and reinsurance sectors