Global air cargo demand rises 6% as freight rates stay elevated
Global air cargo demand increased 6% year-on-year in August 2026, extending the strong summer performance recorded in July
News
Starr and Goalhanger launch geopolitical risk series at Lloyd’s of London
Starr and Goalhanger will host The Risk Briefing at Lloyd’s, bringing political commentators and insurance executives together to discuss geopolitical risk
SpaceTech ICEYE partners with Water Institute on predictive flood intelligence
ICEYE partnered with The Water Institute to add FloodID predictive modeling to its satellite-based flood intelligence services for US users
Chariot Re raises $700 mn in third capital round, taking total capital above $2 bn
Chariot Re raised about $700 mn in equity and debt, taking total capital raised since its 2025 launch above $2 bn
Former Alabama sheriff’s deputy indicted in $24 mn life insurance fraud case
Federal prosecutors charged a former Alabama deputy and his wife in an alleged identity theft and life insurance fraud scheme involving $24 mn in policies
Maryland opened employer registration for Family and Medical Leave Insurance program (FAMLI)
Maryland opened employer registration for FAMLI, with payroll deductions starting in January 2027 and paid leave benefits beginning in January 2028
Federal officials promote CHOICE health insurance model in Indiana
Federal officials promoted CHOICE health arrangements in Indiana as employers seek alternatives to traditional group health insurance amid rising costs
Insurtech Corgi Insurance launches Corgi Re reinsurance platform
Corgi Insurance launched Corgi Re, a reinsurance platform using underwriting technology and data tools to support faster risk and capital decisions
Howden Re and Synthetik launch UNREST model for civil unrest risk
Howden Re and Synthetik launched UNREST, a property-level model for measuring strikes, riots and civil commotion exposure and potential insured losses
Thomson Reuters C-Track cyber incident affects US and Canadian courts
Thomson Reuters disclosed a C-Track cybersecurity incident affecting court systems across 11 US states, the US Virgin Islands and Canada
Lockton Insurance named in NBA Clippers probe over Kawhi Leonard endorsement
Lockton Insurance was named in the NBA investigation into Clippers salary-cap violations involving endorsement agreements for Kawhi Leonard
FBI probes possible ID verification breach exposing license scans
The FBI is investigating a possible breach involving more than 160 mn North American driver’s license records advertised on a cybercrime forum
Aon to acquire USI Insurance Services from KKR for $17 bn
Aon agreed to acquire USI Insurance Services from KKR and co-investors for $17 bn in cash, with closing expected in the fourth quarter of 2026
Verisk launches US data center exposure database for insurers
Verisk launched a US data center exposure database covering more than 2,500 facilities as insurers assess growing AI infrastructure concentrations
Natural catastrophe protection gap leaves most losses uninsured
Only 38% of global natural catastrophe losses are insured, Verisk says, with Europe’s coverage rate at 22% and far lower protection in some markets
Florida judge dismisses Lighthouse investor lawsuit over Hurricane Ida losses
A Florida judge granted summary judgment against investment funds that accused former Lighthouse Property Insurance executives of concealing Hurricane Ida losses
Marsh has renamed Guy Carpenter as Marsh Re
Marsh has renamed Guy Carpenter as Marsh Re, combining reinsurance and capital solutions under the broader Marsh brand after more than 100 years
US employer health benefit costs projected to rise sharply in 2027
US employer health benefit costs are projected to rise sharply in 2027, with GLP-1 weight-loss drugs adding about one percentage point to the increase
World Insurance Associates acquires Pellechio Family Agency
World Insurance Associates acquired New Jersey-based Pellechio Family Agency, expanding its commercial and personal insurance business
Florida homeowners and auto policyholders paid $3 bn less for insurance
Florida homeowners and auto policyholders paid nearly $3 bn less in 2025 as insurance litigation declined and market conditions improved, a study found
EQT to acquire majority stake in McGill and Partners for $2 bn
EQT X agreed to acquire a majority stake in McGill and Partners for $2 bn, with Warburg Pincus exiting and Steve McGill remaining CEO
Autonomous AI agents challenge traditional cyber insurance definitions
Traditional cyber policies often assume malicious activity originates with a person or organized group, while an autonomous AI agent might initiate harmful actions
Global cyber insurance rates fall globally
Swiss Re data shows global cyber insurance rates declined for a fourth consecutive year in 2026, though the pace of reduction slowed
Insurance AI adoption exposes verification gap, study finds
Insurance AI adoption is moving faster than verification controls as synthetic media raises fraud risks across claims and underwriting, research finds
Nepal floods could drive insurance losses above $132 mn
Nepal’s floods could produce more than $132 mn in commercial insurance losses, with hydropower projects expected to account for most claims
Philadelphia residents get 15% NFIP flood insurance discount
Philadelphia residents receive a 15% discount on eligible NFIP flood insurance policies issued from April 2026, saving about $424,000 annually
Citizens Property Insurance sends 45,000 Florida homeowners non-renewal notices
Citizens Property Insurance sent 45,000 Florida homeowners non-renewal notices as the state-backed insurer continues shrinking its policy count
Kansas insurance regulators recover nearly $29 mn for consumers
Kansas insurance regulators closed more than 3,000 complaints in 2025 and recovered nearly $29 mn for consumers, up 147% from 2024
Insurtech Kin signs four-year FSU Athletics jersey patch partnership
Kin signed a four-year partnership with FSU Athletics, becoming its preferred insurance partner and first jersey patch sponsor across 18 varsity programs
US community banks revive private deposit insurance above FDIC limits
Community Bankers Insurance Alliance plans private deposit insurance above the FDIC’s $250,000 limit and seeks $200 mn in equity capital to launch
Bamboo Insurance launches Texas Essential homeowners program
Bamboo Insurance launched Texas Essential, an admitted homeowners product offering flexible roof, water and loss settlement options in Texas
Lloyd’s reports £3.5 bn profit as premiums rise in 1H 2026
Lloyd’s reported £34.7 bn of gross written premium and a 90.8% combined ratio in 1H 2026, with underwriting profit rising to £1.9 bn
Tokio Marine invests in insurtech Kita to expand carbon insurance business
Tokio Marine invested in UK carbon insurer Kita and expanded work on carbon credit insurance, satellite risk assessment and project services
Insurtech bolt launches AI insurance distribution platform across all lines
bolt launched an AI insurance distribution platform connecting customer data, workflows and carrier access across personal, commercial and specialty lines
Insurtech RockRose Risk raises $12.5 mn Series A for wildfire insurance
RockRose Risk raised $12.5 mn to expand its wildfire insurance platform, property assessments and mitigation services across Western US markets
Alliant to acquire Nava Benefits and expand AI employee benefits
Alliant agreed to acquire Nava Benefits, combining its employee benefits brokerage with Nava’s AI-native HQ platform and service technology
Global P&C insurer RoAE rises to record 16.8% in 2025
Aon says global P&C insurers reached 16.8% RoAE in 2025, while premium growth slowed and performance gaps widened across the sector
AEGIS London and tech MGA Augentic launch Lloyd’s digital follow consortium
AEGIS London and Augentic launched a Lloyd’s digital follow consortium offering brokers capacity across Property, Casualty and Specialty risks
Carpe launches Minerva AI underwriting engine for commercial insurers
Carpe launched Minerva, an AI underwriting engine using live business intelligence to automate appetite checks and small commercial risk decisions
Lockton launches US Aviation Practice led by Taylor Anderson
Lockton launches a dedicated US Aviation Practice and appoints Taylor Anderson to lead insurance, risk advisory and aviation client services nationwide
Allianz Commercial appoints Emma Woolley to lead global specialty and UK
Allianz Commercial named Emma Woolley President Global Specialty and UK Region, with responsibility for specialty lines and the UK insurance market
Insurtech Veltha builds AI claims adjuster for workers’ comp and crop insurance
Y Combinator S26 startup Veltha uses AI agents to handle regulated insurance claims, cutting six hours of adjuster work to about 10 minutes
Global reinsurers post stronger 1H 2026 underwriting results
Global reinsurers improved underwriting profitability in 1H 2026 as catastrophe losses fell, though softer pricing drove non-life premiums down 6%
Orion180 files for US IPO as specialty home insurance grows
Orion180 filed for a US IPO after posting $13.5 mn in 1H26 net income and $601 mn in direct written premiums over the past 12 months
US title insurance margins rise to 11.5% in 1H 2026
US title insurers lifted operating margins to 11.5% in 1H 2026 as large commercial deals supported premium growth, earnings and expense control
Apollo Global Management data breach exposes personal information
Apollo Global Management reported a July cyberattack that exposed personal data, including Social Security numbers, after unauthorized cloud access
Munich Re to acquire cyber insurtech At-Bay for $575 mn
Munich Re agreed to acquire US cyber InsurTech At-Bay for $575 mn, expanding HSB’s cyber insurance and managed security business
WTW sues Lockton over alleged raid on construction insurance team
WTW accused Lockton and 18 former employees of taking 13 construction insurance clients worth more than $5 mn in annual revenue
Comcast $117.5 mn data breach settlement wins federal approval
A federal judge approved Comcast’s $117.5 mn data breach settlement covering 31.7 mn potential class members affected by the 2023 Citrix breach
Former Virginia insurance agent pleads guilty to $164,345 fraud
Former Virginia insurance agent Thomas Hoyt pleaded guilty to wire fraud after diverting about $164,345 in client insurance premiums
Texas orders insurance reforms as homeowners premiums rise 79%
Texas Gov. Greg Abbott ordered insurance regulators to address homeowners premiums after average annual costs climbed 79% in six years
California uninsured population projected to double by 2030, raising pressure on insurers
Federal Medicaid and ACA cuts are projected to leave 4.6 mn Californians uninsured by 2030, raising pressure on hospitals, insurers and state finances
Florida ACA enrollment drops as higher health insurance premiums strain households
Florida lost about 443,000 ACA enrollees after enhanced subsidies expired, leaving households exposed to higher premiums and medical costs
Medicare for All: how the plan would reshape US health insurance
Medicare for All would replace today’s Medicare structure, restrict duplicate private coverage and shift US healthcare financing toward a federal plan
Fuse launches AI market intelligence terminal for commercial insurance
Fuse launched Fuse Terminal, an AI workspace for commercial insurers covering filings, rate data, forms, carrier appetite and market signals
Mark Walter’s insurance empire faces US scrutiny over private credit
Federal probes into Mark Walter-linked insurers put private credit, related-party assets and sports holdings under closer market and regulatory review
Florida man charged in $206,000 vehicle insurance fraud case
Florida officials say Adam Otrok filed 41 fake luxury vehicle insurance applications and stole $44,704 from a $206,000 fraud attempt
Saudi Arabia weighs state-backed war-risk insurance pool for ships
Saudi Arabia has discussed a state-backed marine war-risk insurance pool with London brokers as Iran and Houthi threats raise regional costs
Gulf, Red Sea shipping insurance costs surge as war-risks rise
War-risk premiums climb for ships in the Persian Gulf and Red Sea as insurer appetite tightens and regional attacks reshape voyage costs.
India weighs health insurance reforms as medical inflation rises
India is reviewing health insurance reforms, including treatment-rate benchmarks and a claims exchange, as medical inflation runs near 12% to 14%
US employer healthcare costs will rise 9.5% in 2027, taking average annual spending above $19,000 per employee. The forecast extends a run of healthcare cost increases approaching double digits
California health insurance enrollment: learn Covered California deadlines, open enrollment dates, special enrollment options, subsidies and Medi-Cal eligibility
Finding affordable health insurance in California can be overwhelming. You’re faced with dozens of plan options, unfamiliar terms and questions about whether you qualify for subsidies through Covered California
Health insurance is an integral part of employee benefits packages in the United States. However, any employer federally required to provide this compensation could admit that their costs can be burdensome