CyberCube’s Analytics Platform Broking Manager New Feature to Support International Cyber Market Growth
CyberCube has added a Regional Risk Transfer Benchmarking tool to its Broking Manager platform, giving brokers granular, geography‑specific cyber risk data for Asia‑Pacific, the Middle East and Africa, and Latin America. The feature lets intermediaries compare SME clients against regional peer groups and view financial exposure benchmarks, enhancing confidence in cyber insurance placement. By addressing regional buying behavior, CyberCube aims to unlock growth in the international cyber insurance market, especially among small‑to‑medium enterprises.
From Markets to Insurance: The Growing Importance of Rate Comparison in Pricing Efficiency
Consumers are moving from passive insurance renewals to active rate comparison, driven by digital platforms that provide real‑time pricing data. This shift mirrors price‑discovery practices in equity and bond markets, increasing transparency and exposing premium inefficiencies. Insurers now face heightened...
Slide Expands Homeowners Coverage to California at ‘Critical Time’ for State
Slide Insurance Holdings has entered the California market with a new excess‑and‑surplus (E&S) residential property program, issuing its first policy in the state. The launch comes as several major carriers have scaled back or exited California, creating a coverage vacuum...
Berkshire Hathaway Flags Cyber Uncertainty and Holds Back on Data Centre Cover
Berkshire Hathaway’s insurance arm is deliberately holding back on two fast‑growing lines – cyber and data‑centre coverage. Vice Chairman Ajit Jain said the firm sees strong global demand for cyber policies but cannot reliably model aggregate exposure, and recent low...
UP & Down Chart: 1,500+ EU and UK SCR Ratios 2024 – 2025
Solvency II Wire analyzed over 1,500 solo and group SFCR filings from EU and UK insurers, comparing 2024 to 2025 Solvency Capital Ratios (SCR). Fifty‑three percent of firms reported higher SCRs, while 80 insurers saw no change. The aggregate average ratio...
Corgi Launches AI Liability Insurance
Corgi, a Y Combinator‑backed insurer that recently raised $108 million, has launched AI liability insurance for both AI providers and the businesses – including law firms – that use those tools. The offering centers on a modular endorsement (CORG‑TECH‑0038) that lets...
DOJ Weighs In on California Wildfire Coverage Fight Against State Farm
The U.S. Department of Justice filed a Statement of Interest in the California case Ferrier v. State Farm, where 60 homeowners are suing over wildfire insurance coverage. The filing does not decide the merits but signals that the federal government...
Allstate, AIG, and Arch Just Posted Their Best Quarters in Years
Allstate, AIG and Arch Capital reported record Q1 2026 earnings, each posting dramatically higher net income and underwriting profit as hard‑market pricing and lower catastrophe losses flowed through. Allstate’s net income jumped to $2.4 billion, AIG’s underwriting income rose 219% to...
State Farm Fined by California Regulators over Wildfire Claim Violations
California’s Department of Insurance fined State Farm, the nation’s largest home insurer, for 432 violations of the Unfair Insurance Claims Practices Act tied to wildfire claims. An audit revealed delays, poor assessments, underpayments and “adjuster roulette” in roughly half of...
This Doomsday Law Could Stop Trains Across America In A Matter of Weeks
The federal passenger‑rail liability cap, now $323 million, is set to rise toward $400 million, triggering a 30‑day deadline for operators to secure additional insurance or halt service. Insurers, already strained by climate‑related losses, lack capacity to issue the massive policies required,...
Underwriting Fundamentals Are Key Before AI
Insurers are racing to adopt AI, but industry leaders warn that without solid underwriting fundamentals the technology will amplify flaws rather than fix them. The recent Send INFUSE webinar highlighted that clear rules, consistent decision‑making, trustworthy data, and modern operating...
Mobility Data Transforms Auto Insurance Territorial Pricing
Auto insurers have long relied on geographic location to set premiums, using historical claims, traffic density, and weather data. However, rapid shifts in driving patterns mean that traditional, backward‑looking data often lags behind actual risk, especially at the ZIP‑code level....
Del. Court: SEC Disgorgement Not a “Penalty” For Which Coverage Is Barred
On April 28, 2026, the Delaware Superior Court held that the disgorgement and prejudgment interest ordered against Clear Channel in an SEC settlement are not “penalties” excluded by the D&O policy’s civil‑penalties clause. The judge found the policy’s loss definition...
Governance Infrastructure Is Key for Agentic AI
Insurance carriers are rapidly deploying agentic AI in underwriting and claims, but most lack the governance infrastructure to manage the associated regulatory and operational risks. Unlike traditional predictive models, a simple prompt change can alter an AI agent’s reasoning across...
Berkshire Hathaway Re/Insurance Underwriting Earnings Rose 29% to $1.717bn in Q1 2026
Berkshire Hathaway’s insurance and reinsurance underwriting earnings jumped 29% to $1.717 bn in Q1 2026, driven by a clean catastrophe slate and stronger casualty business. Property‑and‑casualty reinsurance earnings surged to $637 m, even as written premiums slipped to $5.99 bn due to competitive pricing...
How Will You Afford to Pay 8L Premium?
Indians are rapidly buying high‑value health policies, with one‑quarter of new covers exceeding ₹1 crore (≈ $122,000) and health insurance now accounting for 41% of the market. A ₹10 lakh (≈ $12,200) family floater costs about ₹15,000 (≈ $185) today, but age‑related loading and hospital...
Plaintiffs Appeal IRS ‘Transactions of Interest’ Ruling on 831(b) Captives
The plaintiffs in Drake Plastics Ltd. Co. v. IRS have appealed the district court’s finding that micro‑captive arrangements remain “transactions of interest” under Section 831(b). Earlier this month the court struck down the IRS’s “listed transactions” designation for certain 831(b)...
Non-Life Run-Off Deal Momentum Remained Strong in Q1’26, Says PwC
PwC’s Q1 2026 review shows robust activity in the non‑life insurance run‑off market, with nine publicly disclosed deals announced by five acquirers. The disclosed transactions represent roughly $730 million of gross liabilities, including two deals exceeding $250 million and three sub‑$50 million transactions. Europe...
Conflicted, Complex, and Connected: How Multinational Insurers Navigate the World
Allianz’s Americas head for Multinational, Ashley Downey, outlines how insurers are grappling with unprecedented global interconnectivity and regulatory fragmentation. Growth in Latin America, Southeast Asia and Africa fuels demand for programs that blend global consistency with local customization, while 26%...
Japanese Regulator Proposes Stronger Oversight of Reinsurance, Sidley Reports
Sidley reports that Japan’s Financial Services Agency has issued a draft amendment to its insurance supervisory guidelines to tighten oversight of reinsurance. The change follows a surge in asset‑intensive reinsurance, with Japanese life insurers executing $20‑30 bn of such transactions in...
Lancashire Underweight in Middle East, Sees Opportunities in PV Market: CEO & CUO
Lancashire Holdings warned that political‑violence (PV) claims from the Middle‑East conflict are set to exceed premiums, even though its current exposure in the region is modest. The insurer described its position as "underweight" but sees a growing appetite for war...
Insurance Companies Using Drones to Jack Rates, Cancel Policies: 5 Ways to Fight Back
A coalition of large insurers, organized through the Geospatial Insurance Consortium, has photographed roughly 99% of U.S. homes using drones, aircraft and high‑altitude balloons. The aerial data feed AI models that flag minor conditions—such as roof moss, a backyard trampoline...
US Cat Risk Reshaped as Wildfire and Storms Define 2025 Loss Profile: Swiss Re
Swiss Re’s 2025 sigma report shows that secondary perils—wildfires and severe convective storms—accounted for roughly $86 billion of the $90 billion insured losses in North America, even without a major hurricane. Wildfires alone generated a record $40 billion, while severe convective storms added...
Inside Eiopa's Push to Close the Protection Gap
The European Insurance and Occupational Pensions Authority (Eiopa) has unveiled a comprehensive sustainability agenda aimed at narrowing the insurance protection gap across the EU. The plan spotlights natural‑catastrophe (natcat) risk pools, mandatory climate‑adaptation disclosures, and tighter capital stress‑testing aligned with...
PERILS Lowers Australia East Coast SCS Loss Estimate to AUD 1.502bn
PERILS, the Zurich‑based catastrophe data firm, released its third industry loss estimate for the late‑October 2025 severe convective storms that battered Australia’s east coast, pegging total insured losses at AUD 1.502 billion (about USD 1 billion). The figure is marginally lower than...
Oklahoma: As if Work Reporting Won't Cause Enough Damage, GOP Moves to Kill Off Medicaid Expansion Entirely
Oklahoma's Republican legislature is advancing House Bill 4440 and House Joint Resolution 1067 to remove Medicaid expansion from the state constitution and either shift it to statutory law or repeal it entirely. Both measures cleared the Senate Rules Committee along...
Weekly Moves: California Goes Live
Insurance Intel launched the P&C Commercial Tracker, a carrier‑level weekly monitor for the U.S. commercial property market covering Florida and California. The tool combines a baseline Carrier Directory of 368 insurers with a Weekly Moves layer that timestamps rate filings,...
🌟Upcoming🌟 Blue Avocado Presents: Why Nonprofits Need Directors and Officers Insurance – Live Q&A
Blue Avocado is hosting a live webinar on June 11, 2026 to demystify Directors and Officers (D&O) insurance for nonprofit organizations. The 60‑minute session will explore key coverage components, optional endorsements, and how D&O differs from general liability. Panelists Peter...
Cigna Sez Sayonara: Another Major Carrier Bailing on ACA Exchanges Next Year
Cigna announced it will exit the individual health‑insurance market under the Affordable Care Act in 2027, leaving roughly 369,000 members in 11 states to find new coverage. The move follows a 17% year‑over‑year drop in Cigna’s ACA enrollment, even as...
Is 831(b) Ruling One of the US Captive Industry’s Biggest Wins?
The U.S. District Court in Texas partially struck down IRS regulations governing 831(b) captive insurance elections, marking a notable judicial pushback. While the decision may embolden more businesses to explore 831(b) structures, the IRS retains broad audit authority and has...
Howden Re Strengthens Cyber Reinsurance Team with Five Appointments Amid Rising Global Demand
Howden Re announced five senior appointments to its cyber reinsurance division, including two directors, three associate‑level hires, and an analyst. The moves establish a dedicated U.S. presence in New York and expand actuarial and analytics resources. The new talent comes...
Ategrity Underwriting Income Rises as CoR Improves to 87.4% in Q1’26
Ategrity Specialty Insurance reported underwriting income of $13.3 million in Q1 2026, an 86.6% jump from the prior year. The combined ratio improved to 87.4% from 90.9% thanks to lower loss and expense ratios. Gross written premiums rose 23.1% to $142.9 million, while...
UK to Expand PCCs as Part of Captive Framework
HM Treasury announced plans to introduce legislation that will permit protected cell companies (PCCs) to underwrite insurance contracts in the United Kingdom. The move is part of a broader strategy to build a domestic captive insurance framework that can compete...
Hawaii to Introduce SB 2043 Refining Captive Examinations
Hawaii is poised to overhaul its captive insurance oversight with Senate Bill 2043. The bill requires all captives, except risk‑retention groups, to undergo an initial regulatory examination within five years of receiving a license. This marks a shift from the...
Marsh Risk to Launch Captive Companion Solution
Marsh Risk is launching Captive Companion, a new solution that gives captive insurers real‑time financial metrics, automated reporting, and benchmarking analytics. The platform is part of the broader Risk Companion suite, which also includes the Renewal Companion offering. The debut...
Blue Owl and the Growing D&O and E&O Risks in Private Credit
Blue Owl Capital Corp. is confronting a wave of securities class actions and a derivative lawsuit that allege it concealed liquidity pressures and inflated valuations of its private‑credit funds. The suits claim the firm’s adviser doubled as the valuation designee,...
New Reinsurance Demand Is Trending Higher than We Thought at Jan 1, Says RenRe CUO
RenaissanceRe’s Group Chief Underwriting Officer David Marra said new reinsurance demand for 2026 is now around $15 billion, up from the $10 billion forecast made on Jan. 1. The company has already bound roughly half of its U.S. mid‑year portfolio, many on private‑term...
A Checklist for Hail and Severe Weather Season
In 2025, 38% of restaurant owners lack business insurance and 37% of those insured are unsure about weather coverage. Severe hail events have risen 21% since 2022, with Missouri seeing a 182% jump between 2022 and 2024. The hail season...
Asta Hires Nylesh Shah as Independent Non-Executive Director
Asta, a third‑party Lloyd’s managing agent, appointed Nylesh Shah as an independent non‑executive director effective 1 June 2026. Shah arrives from the Prudential Regulation Authority, where he played a key role in designing the UK’s upcoming captive insurance regime. His regulatory background...
The "Silent AI" Trap: Why Legacy Carriers Are Fleeing and Specialty Markets Are Cashing In
Legacy property‑and‑casualty carriers are stripping "silent" AI coverage from commercial renewals, creating an unpriced liability gap that mirrors the earlier silent‑cyber crisis. The retreat is driven by new ISO exclusion forms that explicitly remove AI risk from standard CGL and...
GenAI Reshapes Workers' Comp
Generative AI is reshaping workers’ compensation as insurers grapple with rising medical costs, social inflation, and a soft market that limits growth. Carriers are turning to AI to improve underwriting, fraud detection, and claims handling, aiming for faster, more accurate...
New Dawn Risk Introduces Specialist Cyber Insurance Solution Focused on US Healthcare Privacy Risks
New Dawn Risk, a Lloyd’s specialist broker, has launched a cyber insurance product tailored for U.S. healthcare, life‑science and pharmaceutical firms. The policy adds an aggregate limit dedicated to HIPAA and biometric privacy fines, preserving the main cyber coverage limit....
Indiana Court Rules Watercraft Exclusion Bars Superfund Coverage for Barge Company
An Indiana Court of Appeals ruled that a watercraft exclusion in excess liability policies bars coverage for EPA Superfund cleanup costs tied to a CERCLA claim. The court held that the phrase “liability arising out of” applies to strict‑liability liability,...
The Fourth Company
Bowhead Specialty Holdings (NYSE:BOW), a $1 billion market‑cap pure‑play excess‑and‑surplus (E&S) insurer, went public in 2024 and trades about 45% below its 52‑week high. The company targets long‑tail, high‑complexity casualty, professional‑liability and healthcare‑liability lines while using its Baleen digital platform to...
Gen AI Fuels Insurance Fraud Arms Race
Generative AI is dramatically amplifying insurance fraud, with AI‑enhanced cases soaring from under 20,000 in 2022 to more than 80,000 in 2025. Fraudsters now generate entire claim packages—photos, invoices, and assessments—that appear internally consistent and can evade traditional automated checks....
Claims AI Requires Strong Operational Guardrails
Artificial intelligence is reshaping insurance claims by cutting cycle times, improving fraud detection, and lowering administrative costs. However, the true differentiator is not model accuracy but the operational guardrails that manage erroneous outputs. Insurers must embed human review for complex...
Chuy García: Let’s Stop Letting Truck Companies Cheat Crash Victims
Rep. Jesús “Chuy” García re‑introduced the Fair Compensation for Truck Victims Act, aiming to raise the federal minimum liability insurance for interstate motor carriers from $750,000 to $5 million and index it to inflation. The bill targets the 46‑year‑old cap that...
Asembia AXS26 Summit: The Future of High-Cost Specialty Drugs
At the Asembia AXS26 Summit, Clarivate’s Dee Chaudhary warned that U.S. drug‑pricing policy is moving from theory to real‑time execution, reshaping payer behavior and market volatility. The Inflation Reduction Act’s Medicare price negotiations, the new One Big, Beautiful Bill Act, and renewed Most Favored...
Jeff Bray Named RIMS Risk Manager of the Year
Jeff Bray, senior vice president and head of global risk management at Prologis, has been honored as the Risk Manager of the Year by the Risk and Insurance Management Society (RIMS). The award recognizes his leadership in overseeing a complex...
May 2026: Insurance Carrier Cybersecurity Requirements Get Serious
Insurance carriers are moving from advisory guidance to enforceable cybersecurity conditions effective May 2026. The new mandate centers on email security, requiring threat protection, encryption, and domain authentication, plus a written security program (WISP) that agencies must produce on request....