Insurance digital satisfaction falls as online policy sales grow
JD Power says 47% of new auto and home policies are bought digitally, but insurer website and app satisfaction declined in 2026
News
US mortgage rates edge lower as spring home sales stay weak in 2026
Freddie Mac says the 30-year mortgage rate slipped to 6.36%, while higher Treasury yields and weak affordability keep U.S. home sales muted
Annuity sales rule guidance divides insurers and CFP Board
Insurance trade groups and the CFP Board split over NAIC guidance tied to best-interest annuity sales supervision and compliance
Trump administration withholds $1.3 bn in Medicaid funds from California
The Trump administration will withhold $1.3 bn in Medicaid payments from California and audit state fraud units over program oversight
HSBC says gold demand stays strong despite Iran oil price shock
HSBC says gold demand remains firm as China buys bullion, institutions add exposure, and investors use the metal for liquidity
Freight brokers face new insurance gap after Supreme Court ruling
The Supreme Court ruling opens freight brokers to negligent carrier selection claims, exposing gaps in surety bonds and contingent auto coverage
US auto insurance shopping cools as policy growth slows in Q1 2026
LexisNexis says US auto insurance shopping rose 3.2% in Q1 2026, while new policy growth slowed to 3.6% after hotter activity
Neptune Insurance prices secondary stock offering and planned share buyback
Neptune Insurance Holdings, the parent company of Neptune Flood Incorporated, has priced a public offering of 9,841,395 shares of Class A common stock
Colorado passes hail roof grant plan to cut home insurance costs
Colorado lawmakers passed SB155 to fund hail-resistant roof grants through a 0.5% fee on homeowners insurance plans
Illinois Senate passes auto insurance rate notice Bill 714 for drivers
Illinois Senate Bill 714 would require notice before auto premium increases above 10% and give regulators more rate oversight
Utah prosecutors seek $1.4 mn life insurance repayment from Kouri Richins
Utah prosecutors want convicted murderer Kouri Richins to repay $1.39 mn in life insurance benefits paid after her husband’s fentanyl death
Delaware Medicare birthday rule expands Medigap switch rights
Delaware’s SB 71 gives Medigap policyholders a birthday enrollment window and adds protections for Medicare Advantage exits
Louisiana arrests six in long-running fire and water insurance claim fraud case
Louisiana officials arrested six Ouachita Parish residents over an alleged fire and water damage insurance fraud scheme spanning nearly a decade
Howden buys Cybeta IP assets to expand US cyber insurance unit
Howden acquired Cybeta’s IP assets and cyber analytics talent to strengthen its US cyber insurance practice across underwriting and claims
Louisiana reaches $4.8 mn deal in Ronald Greene death lawsuit
Louisiana officials reached a tentative $4.8 mn settlement with Ronald Greene’s family over his 2019 fatal roadside arrest
Trump delays $83 mn Carroll defamation payment pending court appeal
Trump secured a delay on paying E. Jean Carroll’s $83 mn defamation award while he seeks Supreme Court review, with a $7.4 mn bond required
Florida surplus-lines homeowners insurance premiums near admitted market rates
Florida surplus-lines HO-3 premiums fell below $3,500 in April as E&S policy counts rose and admitted-market pricing narrowed
Maryland settles Dali Key Bridge collapse insurance claims for $2.5 bn
Maryland settled civil claims with Dali owner Grace Ocean and operator Synergy Marine over the Key Bridge collapse, while shipbuilder claims continue
US pushes China to reopen Hormuz after vessel seizure near UAE
A vessel seizure near the UAE complicates US talks with Iran as Rubio urges China to press Tehran on the Strait of Hormuz closure
Florida permit law raises insurance concerns
Florida HB803 removes permits for work under $7,500, expands private inspections, and creates new concerns for residential insurers
New York backs captive insurer for affordable housing
New York loaned $2 mn to Milford Street’s captive insurer as housing operators face higher liability premiums and thinner margins
UnitedHealthcare seeks 7.9% small plan rate hike in Maryland
UnitedHealthcare asked Maryland regulators for a 7.9% mid-year small market premium increase affecting more than 26,000 people
Oklahoma P&C insurance rate review law changes insurance filings
Oklahoma’s HB3781 moves property and casualty insurance rate filings to review before increases take effect, with public notices starting July 2027
Iowa law removes prior authorization for cancer AI-screening by insurers
Iowa’s new law ends prior authorization for cancer screenings, sets claim deadlines, and restricts AI-only health insurance denials
Georgia authorities accuse Dalton agent of workers’ comp insurance fraud
Georgia investigators say Dalton agent Lucy Margarita Suarez took workers’ comp premiums and issued fake certificates to clients
California insurance commissioner race tests wildfire coverage
California’s insurance commissioner race turns on wildfire claims, State Farm, FAIR Plan pressure, and Jane Kim’s public disaster coverage proposal
Reinsurer OnRe appoints of Ben Fortune as Chief Underwriting Officer
OnRe, a licensed collateralized reinsurer and onchain asset manager, announced the appointment of Ben Fortune as its Chief Underwriting Officer
Stryker reports renew focus on healthcare cyber risk
Alleged Stryker cyber incident coverage renews focus on healthcare, life sciences, and medical device cyber insurance preparedness
Berkshire Hathaway operating earnings rise to $11.3 bn
Berkshire Hathaway Q1 2026 operating earnings rose 17.7% to $11.3 bn, supported by stronger insurance underwriting, BNSF, energy and manufacturing
BYD picks bolttech for embedded EV insurance in Europe
BYD named bolttech its preferred embedded insurance partner in Europe, starting in the UK before launches in Italy, France, Germany, and Spain
Italian fintech A-Cube raised €4 mn to expand tax reporting platform
Fintech A-Cube raised €4 mn led by P101 to expand its API-first tax reporting platform across Europe and add AI-driven compliance tools
Wopta Assicurazioni raises €5 mn to expand insurtech platform
Wopta Assicurazioni raised €5 mn, topping €20 mn since 2022, as it expands distribution, acquires brokers, and targets SMEs
Verisk brings insurance analytics and Generative AI capabilities into Claude AI
Verisk launched MCP connectors in Claude, giving insurers and restoration teams conversational access to governed underwriting and claims analytics
Italian ViteSicure raises €2.5 mn to scale life insurtech
ViteSicure raised €2.5 mn in the first Series A tranche to expand life and protection insurance distribution, technology, and AI in Italy
Allianz Commercial shifts stand-alone cyber portfolio to insurtech Coalition
Allianz Commercial signed a 10-year cyber insurance deal with Coalition, making it the group’s exclusive global partner for stand-alone commercial cyber
Insurtech Corgi raises $160 mn Series B at $1.3 bn valuation
Corgi raised $160 mn in Series B funding led by TCV and launched AI insurance coverage for businesses deploying AI systems.
Howden Re expands cyber reinsurance team
Howden Re added five cyber reinsurance specialists to expand US coverage, actuarial analytics, broking, account management, and exposure modelling
Francis Scott Key Bridge in Baltimore loss hits $2.8 bn marine insurance market
The Baltimore Bridge settlement lifts the Dali loss above $2.8 bn, creating the largest single marine insured loss on record
Heart Foundation and life insurer TAL target heart myths in young Australians
Heart Foundation and TAL are tackling heart health myths among younger Australians, urging prevention before risks build into later-life disease
NAIC private rating review may pressure US insurers
Fitch says NAIC scrutiny of private letter ratings could raise capital pressure for US insurers with heavier exposure to complex private assets
Fitch puts Prudential ratings on negative watch after Japan sales misconduct
Fitch placed Prudential ratings on Rating Watch Negative after Japan sales misconduct led to a 270-day suspension and earnings pressure
MS Amlin launches property treaty consortium with $67.5 mn per-risk capacity
MS Amlin launched a Lloyd’s property treaty consortium, lifting per-risk capacity from $50 mn to $67.5 mn for property lines
The Australian Securities and Investments Commission warns finance sector over AI cyber risks
ASIC urged Australian financial firms to strengthen cyber controls as frontier AI tools such as Mythos raise new vulnerability risks
Lloyd’s weighs disclosure on former CEO John Neal probe
Lloyd’s is considering how much to disclose from a Freshfields probe into former CEO John Neal, his conduct, and governance concerns
Illinois settles Vee Pak no-poach case for $625,000
Illinois AG Kwame Raoul reached a $625,000 settlement with Vee Pak over no-poach claims affecting temporary workers.
Michigan Supreme Court backs Progressive policy rescission
Michigan Supreme Court ruled Progressive properly rescinded a policy after a driver misstated garaging and household details
Ransomware attacks rise 45% as ransom payments fall
Cowbell’s 2026 claims report shows ransomware attacks rose 45%, while average ransom payments dropped 44% as insureds improved response planning
Insurtech Laka buys VeloLife assets to expand UK bike insurance
Laka acquired VeloLife assets to expand its UK bike dealer channel and advance its M&A strategy after a £14.1 mn Series B
Artificial intelligence plans outpace workforce investment, Aon says
Aon’s Human Capital Trends Study says employers expect AI to reshape skills, but most have not reskilled workers at the same pace
McGill expands aviation war insurance cover for grounded spares
McGill and Partners launched aviation war coverage for spare engines and equipment kept on the ground, closing a gap in traditional hull war policies
New Jersey court limits PIP medical cost evidence in auto injury cases
New Jersey Supreme Court ruled future medical costs covered by PIP cannot be presented to juries in auto injury cases
NAIC names Jeffrey Johnston permanent CEO
NAIC appointed Jeffrey C. Johnston as permanent CEO from June 1, 2026, after his interim leadership of the US insurance regulator group
K2 Insurance buys Oculus Underwriters for Vikco
K2 Insurance Services acquired Oculus Underwriters, adding specialist small commercial property underwriting scale to Vikco Insurance Services
Federal trade court rejects Trump’s 10% import tariff
A federal trade court ruled Trump’s 10% tariff illegal, creating new uncertainty for insurers tracking claims costs and imported materials
Insurtech Kin Insurance completes $335 mn catastrophe bond deal
Kin Insurance completed its largest catastrophe bond transaction, securing $335 mn through Hestia Re to support homeowners in storm-exposed markets
Ohio House Bill 838 targets insurance coverage for gender-affirming surgery
Ohio House Bill 838 would bar public employer health plans and Medicaid from covering gender-reassignment surgery
Florida sets new e-signature rules for auto salvage insurance claims
Florida insurers face new identity verification rules for electronic signatures tied to salvage titles and certificates of destruction from July 2026
Global reinsurance capital reaches record $648 bn in 2025
Global reinsurers posted record 2025 profits and capital growth, with dedicated capital rising 11% to $648 bn, according to Gallagher Re
Minnesota’s new law bars denial of police damage home insurance claims
Minnesota’s new law requires homeowners insurers to cover damage from police tear gas, smoke, and flash-bangs when owners were innocent parties
US Treasury meets insurance regulators on private credit
Treasury Secretary Scott Bessent met state insurance regulators and the NAIC to discuss private credit, offshore reserves, and life insurer oversight
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
Life insurers keep stable portfolios in 2026, but rising private credit, PLRs, FABNs, and less-liquid assets lift investment risk and regulatory scrutiny
Life insurance costs and concerns for millennials plus types of insurance most important to young people. 26% of millennials had trouble affording their insurance