Cytora Platform to Support Arch’s London Market Risk Processing
Cytora has broadened its AI‑driven risk processing partnership with Arch Insurance to include the insurer’s London Market operations. The deployment will digitise intake and enrichment of complex commercial risks, aiming to speed up broker and client responses. Building on a North American rollout, the platform now supports Arch’s underwriting workflow across two major regions. Cytora’s technology promises higher data quality, reduced costs, and more time for underwriters to focus on strategic activities.
New Federal Medicaid Rules Require One Month of Work. Some States Demand More.
Under the federal Medicaid work‑requirement law signed by President Trump, most states must verify that applicants have worked, studied, or volunteered for at least one month. Republican‑led states such as Indiana and Idaho have pushed the bar to three consecutive...
Cat Bond Market Fundamentals Are Tremendous. Growth Absolutely Expected & Sustainable: John Seo
John Seo, co‑founder of Fermat Capital, said the catastrophe bond market’s fundamentals are "tremendous" and that recent growth is both expected and sustainable. He highlighted the surge in US catastrophe insurance risk and a shifting institutional mindset that now treats...
Galapagos Capital SSPE Issues R$13.5m LRS, Its Second Under the Brazilian ILS Regime
Galapagos Capital’s Brazil‑based SSPE has issued a second Letra de Risco de Seguro (LRS) worth R$13.5 million (≈ $2.7 million), this time to guarantee a tax‑contingency that enabled an agribusiness M&A deal. The transaction was completed in just 20 days, underscoring the speed...
Call for Public Inquiry Into Handling of Raac Crisis
A petition presented to Parliament is demanding a public inquiry into the 2023 reinforced autoclaved aerated concrete (Raac) crisis and urging new legislation for a high‑risk building register, mandatory defect reporting, and a 60‑year developer liability period. The Department for...
Duck Creek Named Leader in Everest Underwriting Software Ranking
Duck Creek Technologies has been named a Leader in Everest Group’s 2025 Underwriting Orchestration for Property & Casualty PEAK Matrix assessment. The firm ranked among 24 global providers for market impact, vision and capability, highlighting its end‑to‑end workflow that spans...
New Bill Seeks to Lower Out-of-Pocket Drug Costs
Rep. Greg Murphy (R‑North Carolina) introduced the Every Dollar Counts Act, requiring that out‑of‑pocket spending on covered prescription drugs count toward patients' deductibles and annual out‑of‑pocket limits regardless of purchase channel. The bill targets the current practice where many health...
Taiwan Insurers’ Hedging Pivot Cements Global Bond Prowess
Taiwan’s life insurers are reshaping the management of their roughly $700 billion overseas bond portfolio, a move that solidifies the island’s standing as a major global fixed‑income investor. New accounting standards introduced this year require insurers to seek higher foreign returns...
Mamdani To Launch City-Backed Insurance Program For Affordable Housing
New York City Mayor Zohran Mamdani announced a city‑backed property and liability insurance program aimed at rent‑stabilized and affordable‑housing landlords. The initiative, led by the Economic Development Corp and the Department of Housing Preservation and Development, will target 20,000 homes...
State Bill Targets 9.11% Cut to Nursing Home Medicaid Payments Linked to Outdated Methodology
New Hampshire nursing homes are confronting a 9.11% Medicaid reimbursement cut, roughly $26.43 per resident per day, after a legacy case‑mix index formula produced outdated payment rates. A Senate‑passed bill would establish a MedPAC‑style working group to overhaul the state’s...
N.Y. Judge Backs Insurer in Staged-Crash Scheme
A New York Supreme Court judge granted summary judgment to Integon National Insurance, finding that eight collisions between March and July 2023 were deliberately staged by an Ecuadorian fraud ring. The court determined the crashes did not qualify as legitimate...
PBGH Survey Finds Employers Bracing for Higher Health Premiums in 2026
The Purchaser Business Group on Health (PBGH) reports that U.S. employers anticipate a 6‑7% rise in health insurance premiums for 2026, with some individual‑market plans climbing over 20%. To counteract cost pressure, 37% of members are issuing medical requests for...
Ohio Appeals Court Revives Worker’s Claim over Disputed Subrogation Fee
An Ohio Court of Appeals revived Lamar Thomas’s challenge to a $6,044 subrogation lien imposed by the Ohio Bureau of Workers’ Compensation. The court held that the $120 fee for an independent medical exam was not a recoverable subrogation interest...
Africa Trade Insurer Seeks $500 Million to Help with Iran War Cost Hike
Africa’s leading multilateral trade‑risk insurer, African Trade & Investment Development Insurance (ATIDI), is seeking roughly $500 million in new capital to raise its balance sheet from about $1 billion to $1.5 billion. The push follows the February U.S.–Israeli airstrikes on Iran, which have...
Enstar and Artex Partner on Exit Solutions for ILS Structures, Aim to Solve Trapped Capital Issue
Enstar and Artex Capital Solutions have teamed up to embed structured exit options within Artex‑managed insurance‑linked securities (ILS) vehicles. The partnership introduces forward‑exit and retrospective solutions designed to free up trapped capital that often locks investors’ funds in legacy reinsurance...
Hamilton Launches Casualty Reinsurance Sidecar
Hamilton Insurance Group announced the launch of its first casualty reinsurance sidecar, targeting roughly $300 million of ceded premium over several years. The sidecar will be capitalized by investment firm Sixth Street, which will also shape the overall asset strategy. Concurrently, Hamilton...
Fleet Safety as a Business Strategy for Construction Companies
Construction firms face high roadway risk, with vehicle crashes ranking second among causes of worker deaths—75 fatalities in 2020. Multimillion‑dollar jury verdicts and soaring insurance costs make fleet safety a financial imperative. Implementing a written safety policy, driver screening, telematics,...
Moody’s Seeks Feedback on Pooled Structures of Insurance-Linked Securities (ILS)
Moody’s Ratings has released a discussion paper seeking market feedback on pooled structures of insurance‑linked securities (ILS). The agency wants input on investor appetite, risk‑assessment data needs, modeling approaches, and legal considerations for ILS‑backed securities that bundle multiple cat bonds...
More Insurance Claims Denials Are Being Overturned upon Appeal, Study Finds
A new JAMA study of roughly 51,000 New York claims shows denial overturn rates climbing from 38% in 2019 to nearly 53% in 2025. Overturn percentages differ sharply by service type—more than 78% for home‑health claims and just over 50% for...
IMO Hazardous Cargo Compensation Rules Move Closer
The International Maritime Organization’s 2010 Hazardous and Noxious Substances (HNS) Convention is now one step from activation after Belgium, Germany, the Netherlands and Sweden ratified it, bringing the total to the 12 states required for entry into force. The treaty...
House Eyes Bill to Allow Drug Expenditures to Count Toward Insurance Deductibles
Rep. Greg Murphy introduced the Every Dollar Counts Act, a bill that would require out‑of‑pocket spending on prescription drugs—regardless of purchase channel—to count toward a patient’s deductible and maximum out‑of‑pocket limit. The legislation targets a gap where many health plans...
FMCSA Balancing the Scales for Fleets Challenging Bad Safer Data
On April 16, 2026, the FMCSA issued a sweeping overhaul of its DataQs system, creating a mandatory three‑stage appeals process for carriers contesting safety violations or crash records. States receiving Motor Carrier Safety Assistance Program funding must open requests within...
Workplace Assaults Rose 5.3% Annually Over the Past Decade, With Health Care Bearing the Brunt
Nonfatal workplace assaults rose at a 5.3% annual rate from 2011 to 2021‑22, pushing the assault rate per 10,000 full‑time equivalents up 62%. Health care and social assistance dominated the trend, reporting roughly 18,860 assaults in 2023‑24—about ten times more...
Maersk Hikes Cargo Insurance Rates up to 450%
Maersk announced a dramatic increase in cargo insurance rates, lifting premiums by as much as 450% for new contracts. The surge reflects heightened exposure to geopolitical tensions in the Middle East, especially rerouting around the Strait of Hormuz, and recent...
Strategic Climate Risk: Quantifying Financial Impact and Building Resilience
Financial firms are increasingly quantifying climate‑related risks to gauge potential losses and protect assets. The adoption of the Task Force on Climate‑Related Financial Disclosures (TCFD) framework now covers roughly 70% of major asset managers, driving standardized scenario analysis. Recent studies...
CMS Establishes New Billing Code for AI-Driven Calcium Analysis on CT Scans
The Centers for Medicare & Medicaid Services (CMS) announced a new national billing code under the Hospital Outpatient Prospective Payment System, effective April 1, 2026, for AI-driven analysis of coronary artery calcium (CAC) and aortic valve calcium (AVC) on chest CT scans....
How Construction’s Risks, Opportunities and Insurance Options Shape up for 2026
In 2026 construction firms grapple with volatile material costs—up 34% since 2020—and a chronic labor shortage that now affects roughly one‑third of companies, while rising rates for commercial auto and excess/umbrella liability add margin pressure. Stabilizing interest rates, a surge...
'Real Reckoning' Around Climate Risk 'Bottom Line' Impact
Amid a so‑called “sustainability winter,” firms are under mounting pressure to prove the bottom‑line impact of climate‑risk assessments, turning rigorous quantification into a market differentiator. Investors, regulators, and corporate clients now demand concrete financial metrics that link climate exposure to...
Executive Viewpoint: How AI Is Changing the Role of the Insurance Broker
Artificial intelligence is reshaping insurance broking from a transactional, renewal‑driven model to a continuous, data‑rich advisory practice. Large brokers are already using AI for benchmarking, coverage design and portfolio analysis, delivering faster, more consistent risk assessments and stronger client retention....
One Broker Shows What It Takes to Insure Hard-to-Place Risks
Broker Jimmishea O’Lee of Aon has successfully placed insurance for a Bitcoin‑mining operation that other underwriters rejected. By immersing herself in crypto technology, she crafted bespoke property coverage that addressed non‑sprinkler data centers, high electricity usage, and elevated fire risk....
WSG and iStoreDOCS Launch Digital GAP Partnership for Dealers
Warranty Solutions Group (WSG) has teamed with iStoreDOCS to launch a digital GAP insurance solution for UK car dealers. The service delivers a 30‑day complimentary cover through iStoreDOCS’s portal, with WSG handling all FCA compliance and providing call‑centre support. Early...
Medi-Cal Immigrant Enrollment Is Dropping. Researchers Point to Trump’s Policies.
Medi-Cal enrollment among undocumented immigrants in California has sharply declined, with roughly 100,000 leaving the program between June and December, accounting for a quarter of all disenrollments. Overall Medi-Cal enrollment fell about 1.6 million since its May 2023 peak, a reversal of...
How AI Is Improving Accuracy in Motor Insurance Claims Assessment
AI-powered computer‑vision is reshaping motor‑insurance claims by delivering objective, data‑driven damage assessments. Traditional adjusters often produce estimates that differ by hundreds of dollars, creating reserve volatility, policyholder disputes, and fraud exposure. By training on millions of real‑world images, AI systems...
Protecting Genetic Information Is No Joke – Australian Parliament Bans Use of Genetic Test Results in Life Insurance
On 1 April 2026 the Australian Parliament enacted the Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Act 2026, inserting a strict‑liability ban on insurers using "protected genetic information" for life‑insurance underwriting. The ban, effective 8 October 2026, carries penalties of...
How to Conduct a Risk Assessment
Charities must conduct formal risk assessments to satisfy legal duties and protect service continuity. The guide outlines a six‑step process—identifying hazards, mapping affected parties, evaluating likelihood and impact, applying controls, involving teams, and sharing results digitally. It highlights common risks...
MedPAC: No ‘Statistically Significant’ Impact From Medicare Advantage Growth On Home Health Margins
MedPAC reported that the growth of Medicare Advantage (MA) has not produced a statistically significant impact on home‑health provider margins, despite industry concerns. A 10% increase in MA penetration was linked to a modest 2.7% decline in all‑payer revenue for...
Beyond $1 Trillion: The Next Chapter for Insurance and Private Capital
McKinsey’s latest report shows global insurance firms now hold over $1 trillion in private‑capital assets, driven by low‑interest rates and a push for higher returns. The study outlines three growth pathways: deeper allocation to private equity, expansion into private debt, and...
Closing the Gaps: Managing Operational Risk in the Consumer Products Industry
Consumer‑products manufacturers face mounting operational risk as state‑level regulations, aggressive product‑claim litigation, and ESG‑related securities actions outpace traditional federal compliance. Plaintiffs now scrutinize the alignment of regulatory interpretations, sourcing practices, and marketing claims, targeting gaps in “Made in USA,” “pure,”...
Aon Raises Capacity for Data Program
Aon increased capacity for its Data Center Lifecycle Insurance Program by $1 billion, bringing total coverage to $3.5 billion. The expansion now covers existing data centers beyond the first year, adding construction, delay, operational damage, cyber, liability, and cargo protections. The program...
Air Ambulance Costs Soar Despite Limited Use in Workers Compensation
Air ambulance transports remain rare in workers‑comp claims, affecting fewer than 1.2% of rural lost‑time cases, yet they dominate cost drivers. Average payments have surged more than 60% since 2013, topping $25,000 per flight by 2022. Utilization spikes in very...
Could Climate Crisis Insurance Save El Salvador’s Waves?
Save The Waves Coalition is piloting the first parametric insurance product aimed at protecting surf‑dependent businesses along El Salvador’s Pacific coast. The scheme, developed with Willis Towers Watson, will trigger payouts based on rainfall thresholds derived from four decades of data....
2025 Claim Volumes Drop but Complex Risks Intensify: Verisk Analysis
Verisk’s 2025 ClaimsSearch Trends Report shows overall claim volumes fell across homeowners, commercial property and personal auto lines. Homeowners claims dropped 19% to 5.3 million, the lowest in five years, while commercial property claims slipped to 710,000. Despite the decline, risk...
AI Treated as Force-Multiplier for Cyber Losses. Introduces Aggregation, Correlation Risks: CyberCube
CyberCube warns that artificial intelligence is becoming a force‑multiplier for cyber losses, accelerating attack speed and scale. The firm says AI compresses the cyber‑attack lifecycle, making recovery capability a key loss driver. It urges insurers and reinsurers to embed AI‑specific...
Rising Tide of Workplace Violence Takes Its Toll
Workplace violence now costs U.S. businesses roughly $300 billion a year, affecting over 2 million workers and resulting in 5,000 fatalities. Standard workers’‑comp and liability policies often exclude attacks driven by personal motives, leaving employers exposed. Tailored workplace‑violence insurance, championed by experts...
No Parking, No Plan: The Hidden Liability Behind World Cup 26
The 2026 FIFA World Cup at New Jersey's MetLife Stadium will operate without on‑site parking, pushing fans toward limited off‑site options such as 5,000 spaces at the American Dream complex priced at $225 per vehicle. This forces a massive shift...
EU Agencies Push Cat Pool Backed by ILS
European regulators, led by the European Commission and EIOPA, are advancing a new catastrophe‑reinsurance pool that will be financed with insurance‑linked securities. The pool is slated to be underpinned by a €500 million (≈ $540 million) ILS tranche, providing fresh capital for natural‑disaster...
Middle East-Linked Market Ambiguity Clouds India-US Service Contract Plans
India‑US westbound ocean carriers have scrapped planned rate increases, pulling freight‑all‑kinds (FAK) rates down as much as $500 in the past two weeks. The ongoing Middle East conflict has injected market uncertainty, prompting both carriers and beneficial cargo owners to...
Convex Targets $200m of Retrocession with Its Fourth Hypatia Catastrophe Bond
Convex Group is launching its fourth catastrophe bond through Bermuda‑based Hypatia Ltd., aiming to raise at least $200 million of retrocession. The Series 2026‑1 bond will provide aggregate industry‑loss‑triggered protection for U.S. hurricane and earthquake risks, with an attachment point of $150 billion...
CMS Accepts More than 150 Providers, Digital Health Firms for ACCESS Model
The Centers for Medicare & Medicaid Services (CMS) has granted provisional approval to more than 150 providers and digital‑health firms for its Advancing Chronic Care with Effective, Scalable Solutions (ACCESS) Model. The 10‑year experiment, launching in July, will pay participants...
Cyber Claims Frequency Rises but Severity Falls as Businesses Improve Defensive Posture
Coalition’s 2026 Cyber Claims Report shows claim frequency rose to 1.54% in 2025 while average loss dropped 19% to $116,000. Business email compromise (BEC) and funds‑transfer fraud (FTF) together made up 58% of claims, with BEC frequency up 15% but...