California lawmakers introduced legislation designed to standardize how insurers handle wildfire smoke damage claims. The proposal follows major fires that contaminated thousands of homes
Farmers Insurance filed a lawsuit accusing a former Oklahoma agent of redirecting customers and policies to competing insurers before leaving the company
A cyberattack that disrupted operations at Stryker is drawing attention from U.S. officials and cybersecurity experts who see the incident as a significant escalation in Iran-linked cyber operations
Steadily introduced a quoting tool available through the ChatGPT platform, allowing landlords to estimate insurance premiums for rental properties without leaving the AI interface
The Hawaii Department of Commerce and Consumer Affairs and its Hawaii Insurance Division are urging residents to review insurance coverage and report storm damage quickly after recent high winds
The National Flood Insurance Program provides flood coverage to households and businesses across the United States
Jim Donelon joined Middleberg Riddle Group as of counsel, where he will advise insurers, agencies, producers, and other insurance market participants on regulatory issues
Former NBA player Glen Davis was released from prison on March 12 after serving 17 months for his role in a fraud scheme involving the NBA Players’ Health and Welfare Benefit Plan
Homeowners insurance pricing in Oklahoma is drawing growing political, legal, and regulatory attention. Premiums in Oklahoma rank among the highest in the United States
California’s property insurance market shows growing strain as insurers retreat from areas once considered moderate wildfire risk
New York’s auto insurance reform debate is escalating as Governor Kathy Hochul presses for legislation aimed at curbing litigation linked to vehicle accidents
RockRose Risk raised $9 mn in funding to expand its brokerage platform focused on wildfire-exposed properties. CEO and founder Andrew Engler confirmed the financing
Two officers from the Los Angeles Police Department were arrested Friday on suspicion of unemployment insurance fraud linked to claims
North American (re)insurers delivered strong profitability in 2025. According to Fitch Ratings, the sector recorded an operating return on common equity of 11%
Barbados reinsurer Active Re strengthens capital protection and increases AI adoption across underwriting operations
Fitch Ratings expects the withdrawal of hull war-risk marine insurance in the Persian Gulf to carry negative credit implications for U.S. property and casualty insurers
SageSure, a MGU specializing in catastrophe-exposed property insurance, closed its second catastrophe reinsurance sidecar transaction, securing $200 mn in capital through Seawall Re II
Insurance payments platform One Inc names Bryan Thompson CTO to lead technology strategy, platform development, and enterprise security
The U.S. title insurance sector’s operating margin improved to 11.4% in 2025, up from 10.3% in 2024, according to a new Fitch Ratings
Independent broker Lockton expands digital-asset premium payments as clients use crypto to fund global insurance programs
MSIG Asia CEO Clemens Philippi takes group strategy role while Norihiro Tanaka prepares to assume chairman position
Fitch says global insurers face manageable earnings pressure from Iran conflict unless escalation damages energy infrastructure or prolongs market volatility
U.S. DFC and Chubb launch $20 bn maritime reinsurance framework to support oil and LNG shipping through the Strait of Hormuz
New GDV analysis shows EVs cause fewer accidents yet generate 30–35% higher repair costs, shifting auto insurance loss economics
War-risk rates in the Strait of Hormuz climb to 3% of hull value as DFC launches $20bn reinsurance plan amid tanker strikes
IuteBank, part of the Estonian-based Iute Group, has completed the transition period following the bridge bank process and will begin operating as a regular bank in the Ukrainian market
Proposed U.S. legislation would exclude stablecoins from FDIC insurance, preserving $250,000 coverage solely for traditional bank deposits
London-based Encord secures €50 mn to scale AI data infrastructure while Europe pours over €3 bn into models, compute and autonomy stacks
Amsterdam startup Delphyr secures €1.75 mn to cut admin load for clinicians as EU funding in AI healthcare automation accelerates
Italy’s ISAAC antisismica secures €14 mn to scale active mass damper systems protecting existing buildings from earthquakes without structural changes
Seraphim Space exceeds €84 mn early-stage fund target, backed by BBB and NSSIF, as European SpaceTech funding momentum continues
UK’s ARIA joins CommonAI with €18 mn grant to launch Scaling Inference Lab, boosting compute efficiency and AI infrastructure delivery
Southern Farm Bureau Casualty to acquire Louisiana Farm Bureau Mutual for $46.7m, converting it to stock after surplus erosion and heavy losses
Lloyd’s digital follow platform Ki reports 50% profit growth to $110.4m in 2025, with improved combined ratios and expanded capacity backing
Marsh and Aon warn marine hull war premiums in the Gulf could rise 25–50% as underwriters cancel policies and reprice transits
Morningstar DBRS says Iran conflict could push reinsurers to raise attachment points, cut capacity and heighten volatility in marine and aviation lines
Federal shutdown froze NFIP policy issuance and renewals, disrupting property deals and highlighting need for private flood alternatives
Delaware judge rules insurers owe no duty to defend Meta in social media addiction suits, finding alleged conduct was deliberate, not accidental
Airlines cancel thousands of flights after U.S.-Israel strikes on Iran, but standard travel insurance often excludes war-related disruptions
California lawmakers advance bipartisan bill to bar prior authorization and step therapy for FDA-approved rare disease treatments
Marine insurers cancel war risk policies in the Gulf after tanker strikes push premiums toward 1% of hull value and strand 150 vessels
Canada Life finalises £80m buy-in with Safeway Pension Scheme, securing benefits for 1,800 members as trustees advance de-risking strategy
K2 International forms K2 Professional Indemnity to write non-US liability business via Lloyd’s syndicates, led by market veteran Richard Smart
Marine insurers are cancelling war risk cover for vessels operating in the Middle East Gulf as the United States–Israel–Iran conflict disrupts tanker traffic
NASCAR driver Kyle Busch resolves $8.5 mn lawsuit alleging Pacific Life and agent misled him on indexed universal life projections
LMA and KPMG say rising temperatures and disorderly transition risks force insurers to rethink physical and transition underwriting strategies
Moody’s says US life insurers saw mixed Q4 2025 profits as spreads tightened and claims rose, with steady 2026 outlook and strong PRT demand
S&P says reinsurers enter 2026 with strong capital buffers despite expected losses from Middle East conflict across marine, aviation and specialty lines
McKinsey outlines how AI, from predictive models to agent systems, is reshaping brokers, MGAs, TPAs and software, with $50 bn–$70 bn revenue upside
Kennedys warns escalating US, Israel and Iran hostilities threaten simultaneous losses across political violence, marine, aviation, energy and trade credit lines
Pasadena trio charged with felony insurance fraud after alleged staged Porsche crash netted $38,932 in claims, say California regulators
Trump reviews options to curb oil spike after Iran strikes, including federal tanker insurance and possible SPR use as Hormuz shipments stall
California drivers face auto premium hikes exceeding 30% in two years, driven by repair costs, heavier vehicles and inflation pressures
Pennsylvania Insurance Department orders Aetna to pay $550,000 penalty and reimburse members with interest after mental health parity violations
Georgia House sends insurance cost bills to Senate as Gov. Kemp signs amended budget with $2 bn in tax relief and public worker bonuses
Iowa lawmakers approve measure barring insurers from requiring prior authorization for mental health crisis stabilization service
Four companies and a trade group challenge Texas comptroller’s emergency rules that narrowed the Historically Underutilized Business program
EEOC files Title VII lawsuit alleging Mid-Michigan Home Health denied assignments and fired Black CNA in Michigan due to race
Louisiana Insurance Department teams with NICB and 4WARN to curb third-party litigation funding ads steering policyholders into costly lawsuits
Zurich agrees £8.1 bn takeover of Beazley to expand specialty insurance footprint, creating a $15 bn gross written premium platform
