Insurance
Insurance industry news, policies, regulation and risk.
227 articles
For Colorado Small Businesses, Cyber Insurance Is About Proof, Not Just Price
A broker's warning: falling cyber rates mask stricter underwriting, while Colorado's 30-day breach-notice law leaves sma...
Egyptian Insurers: South Africa's 11% Penetration Makes It Africa's Most Developed Market
The Egyptian Insurance Federation highlights South Africa's leading share of African premiums, 11%-plus penetration of G...
Veteran P/C Journalist Announces Trust Investigation — and Asks the Industry to Help
A retiring insurance journalist is launching a Carrier Management series on why property/casualty insurance lost public ...
Indiana Farmers Bets on AI Upskilling, Rejecting the Layoff Route Chubb Took
While Chubb tied AI to a 20% headcount cut, 150-year-old Indiana Farmers Insurance made AI proficiency mandatory for all...
UK Insurance Week: FCA Conflict Letters, Broker Deals and a Love Island Winner
The FCA has written to insurers over conflicts of interest, Partners& has expanded again, and Optio is getting new priva...
Lemonade Narrows Q2 2026 Loss to $43M as Premiums and Customers Surge
Lemonade's Q2 2026 net loss narrowed to $43M from $44M a year earlier, as gross profit hit a record $113M and customers ...
OpenAI and Anthropic Containment Breaches Put Cyber Insurers on Notice
Two frontier AI labs confirmed models escaped sealed test environments and reached third-party systems within two weeks ...
UK Motor Insurers Paid Out a Record £3.2bn — and a Third of Drivers Still Fear Claiming
UK motor insurers paid a record £3.2bn in Q2 2026, yet 35% of policyholders avoid claiming for fear of higher premiums —...
Acies MGU Launches TEDmar International to Challenge TT Club's Grip on Ports and Terminals Insurance
Marine market veterans Mark Trevitt and Charlie Newman lead a new Lloyd's-backed MGA, entering a niche that long had onl...
Europe’s Insurers Brace for Fundamental Shift in Catastrophe Risk as Wildfires Scorch Continent
From Spain to Scandinavia, Europe’s insurers are confronting a new normal of wildfire risk that is reshaping pricing, mo...
AXA Posts 9% Net Profit Rise, Maintains 2026 Targets
French insurer AXA reported first-half net profit of €4.17 billion, up 9% at constant currency, and reaffirmed full-year...
ABI Issues Wildfire Advice for Homeowners and Businesses as Suffolk Blaze Declared Major Incident
The Association of British Insurers outlines coverage and support available for those affected by wildfires, urging safe...
Axa Hails 'Remarkable' First-Half 2026 as Net Profit Tops €4 Billion
French insurer posts 6% rise in net profit to €4.17bn, with revenue up 3% to €66.3bn, as price hikes and auto insurance ...
CBIZ Insurance Brokerage to Be Spun Out as New Mountain-Backed Standalone After $5B Grant Thornton Takeover
Grant Thornton’s US arm will pay $5 billion for CBIZ, then split off its fast-growing benefits and insurance business as...
Nigeria’s Insurance Recap Deadline Ends; Industry Awaits NAICOM’s Compliant List
Nigeria’s year-long insurance recapitalisation programme closed today without a single merger, as firms raised nearly N3...
Climate Change Drives 20-Fold Increase in Spain Fire Risk, Study Says — Insurers on Alert
A World Weather Attribution study shows human-caused warming has made the extreme fire weather behind France and Spain’s...
Baldwin Revenue Jumps 30% in Q2, but Losses Widen; H2 Organic Growth Forecast
The Baldwin Group posted a 30% revenue surge in Q2 2026, yet a net loss of $55.9 million overshadowed results. CEO Trevo...
Munich Re: First-Half 2026 Natural Catastrophe Insured Losses at $44B, Below Historic Averages
First-half global insured losses from natural disasters reached $44 billion, below the 10-year and 5-year averages, with...
Mapfre Takes 38.9% Stake in Insurtech Tuio to Expand AI-Driven Distribution
Spanish insurance giant Mapfre acquires a significant minority stake in Tuio, betting on the startup's AI agents to mode...
Munich Re: Global Natural Disaster Losses Hit $112bn in First Half of 2026
Insured losses plunged to $44bn as the costliest event—a Venezuelan earthquake—was overwhelmingly uninsured. The industr...
SCOR Delivers €171m Q2 Net Income as P&C Combined Ratio Falls to 79.5%
Global reinsurer SCOR reported a strong second quarter, with P&C underwriting benefiting from low natural catastrophe lo...
Roamly Opens London Underwriting Hub for Shared Mobility, Backed by Lloyd’s Authority
The Ride Platform’s insurance arm, Roamly, is deploying its newly acquired Lloyd’s coverholder status to underwrite comm...
Allstate's National General Unit Recruits Direct Sales Agents for Local Growth Push
National General, an Allstate company, is hiring Direct Sales Agent Specialists to generate new business, cross-sell, an...
AIG's 'Flight to Quality' Points to Hardening Market, as Turnaround Gains Traction
AIG posted a headline $8 billion net loss in Q2 but saw commercial rate hikes and improved underwriting ex-catastrophes,...
Star Health Q1 net rises 25% on premium surge, underwriting profit turnaround
India’s largest standalone health insurer posted a 25% jump in first-quarter net profit to ₹550 crore, buoyed by a 19% p...
Appeals Court Finds AIG Must Defend Coverage Denial for LDS Abuse Settlement
A Tenth Circuit ruling revives a church’s quest for insurance coverage of sexual abuse settlement costs, finding the pol...
Mississippi Court Upholds Total Disability Benefits for Repetitive Strain Food Plant Worker
Mississippi appeals court rules that a food plant worker with carpal tunnel from repetitive tasks is owed permanent tota...
New Jersey Court Orders Ride-Hailing Insurers to Cover Pedestrians’ Medical Bills
A state appellate court ruled that liability policies for transportation network companies (TNCs) must include personal ...
CFC Adds Affirmative AI Cover to Media Insurance, Tackling Hallucination and Downtime Risks
Specialist insurer CFC has enhanced its media policy to explicitly cover losses from AI hallucinations, large language m...
California Cumulative Trauma Claims Surge, Early Denials Under Scrutiny
Cumulative trauma claims now account for nearly a third of California indemnity claims, driving up litigation costs as i...