IASA Xchange 2026
The International Association of Insurance Supervisors (IASA) Xchange 2026 will convene June 7‑9 in New Orleans, bringing together insurance finance, risk, technology and executive leaders. The agenda spotlights NAIC and broader regulatory updates, practical tactics for stronger financial reporting, and operational efficiency. Attendees will explore emerging risk trends, enterprise resilience, and the governance challenges of AI, data analytics and automation. Leadership insights and macro‑economic outlooks round out the program for senior decision‑makers.
Upgrading Your Insurance Playbook for 2026: Protecting Your Business When Costs Are Out of Your Control
Restaurant operators face rising food, labor, and utility costs, prompting many to trim insurance premiums. The article warns that focusing solely on price can create coverage gaps that jeopardize operations during claims, injuries, or closures. It advocates a smarter insurance...
FMCSA Spotlights Trucking’s Multi-Million Dollar Insurance Gap
The Federal Motor Carrier Safety Administration’s 2026 report warns that the trucking industry faces a massive insurance gap. While the number of active interstate carriers fell to 456,227, the median "nuclear" verdict for crashes jumped to $51 million, far exceeding the...
UK Appoints Barclays Executive as Top Bank of England Regulator
The UK government appointed Katharine Braddick, a former regulator now Barclays group head of strategic policy, as the Bank of England's deputy governor for prudential regulation. Her five‑year term begins on July 1, 2026, succeeding Sam Woods. The move follows finance...
US Zones Rank Outside Top 10 in FM Resilience Index
The latest FM Resilience Index shows all U.S. zones falling outside the top‑10 rankings for the first time. The index, which evaluates climate adaptation, business continuity, and operational robustness, placed European and Asia‑Pacific regions ahead of the United States. Analysts...
State Farm to Issue $136M in Dividends to Louisiana Drivers
State Farm announced a $136 million dividend distribution to Louisiana personal auto policyholders, averaging $138 per vehicle. The payout follows a stronger‑than‑expected underwriting performance nationwide and a 5.8% drop in Louisiana auto premiums in 2025. The dividend will be issued this...
Employer Can Contest Causation Before Authorizing Alternate Care: Iowa Appeals
The Iowa Court of Appeals reversed a district court ruling that forced LJ & J Corp. to approve a total knee replacement for employee John Henry. The court held that an employer disputing causation cannot be compelled to provide alternate...
The BI Top 10 for the Week of Feb. 23, 2026
The week’s Business Insurance Top 10 highlighted Howden’s aggressive U.S. expansion, accompanied by litigation with Marsh, while AI‑related claims surfaced, prompting insurers to reassess policy language. Marsh secured a partial injunction against former staff, and EPIC added a former WTW real‑estate...
Hinterland Insurance Appoints Kristine Hardy and Evan Krozy to Executive Roles
Hinterland Insurance, a niche MGA focused on hard-to-place risks, announced two senior leadership appointments. Evan Krozy joins as Chief Underwriting Officer, while Kristine Harding becomes Executive Vice President of Commercial Package and Property, reporting to Krozy. Both bring decades of...
Global Business Resilience Faces Physical Risk Crossroads as Cyber Defenses Strengthen Worldwide
Denmark remains the world’s most resilient business environment in the 2026 FM Resilience Index, which evaluates 130 countries across 18 risk factors. The report highlights a sharp rise in cybersecurity rankings, with Denmark, the Netherlands and Spain climbing up to...
US Judge Again Refuses to Allow New Hampshire to Abolish Auto Inspections
A federal judge denied New Hampshire's request to stay a court injunction that blocks the state from abolishing its vehicle inspection and maintenance (I/M) program. The injunction remains in force until the EPA approves the state's plan to meet Clean...
Fairway Moves Into Home Insurance at Origination
Fairway Independent Mortgage Corp. announced a partnership with The Baldwin Group to launch Fairway Home Insurance Agency, offering homeowners insurance at loan origination. The collaboration embeds Baldwin’s proprietary technology into Fairway’s workflow, allowing real‑time policy quotes during the mortgage application....
Uber Ballot Measure to Cap Personal Injury Fees, Limit Medical Damages Sparks Ire
Uber has filed a California ballot initiative to cap personal‑injury lawyers' contingency fees at 25% and limit medical damages, spending roughly $32.5 million on the effort. A coalition of attorneys, medical providers and consumer groups has mobilized $55 million to oppose the...
Swiss Re Corporate Solutions’ Profit up 19%, Group Net Income Jumps
Swiss Re’s Corporate Solutions unit posted a net income of $988 million for 2025, a 19 % increase despite a 5 % drop in insurance rates on a risk‑adjusted basis. The broader Swiss Re group saw net income surge 47 % to $4.76 billion, driven...
TRIP and Private Terrorism Coverage: A Natural Co-Existence
The Terrorism Risk Insurance Program (TRIP) remains a federal backstop that only pays after a U.S. government certification, and to date no claim has ever been certified. Its coverage is limited to U.S. locations, a minimum loss threshold, and a...
Willis and Belfry Partner to Simplify Security Insurance
Willis, a WTW unit, has teamed with security SaaS provider Belfry and InsurTech specialist Kayna to launch a digital insurance programme for physical security firms. The collaboration embeds a Willis‑brokered insurance portal directly into Belfry’s platform, using Kayna’s real‑time data...
Why Claims AI Build Vs. Buy Decisions So Often Miss the Mark
Insurance leaders often jump straight into a build‑or‑buy debate for claims AI, treating every use case as identical. Chad Langford argues the real issue is categorizing problems by complexity, external data requirements, and carrier‑specific processes. Mis‑classification leads to over‑building simple...
Red Flags Adjusters Should Look for in Truck Accident Claims Investigations
Adjusters handling commercial‑truck accidents must navigate a dense web of electronic logs, driver qualification files, maintenance records, and carrier safety scores. Red flags such as ELD violations, missing qualification documents, incomplete DVIRs, and low SMS ratings often signal heightened exposure...
Marsh Awarded Injunction Against Former Employees Now With Howden US
A federal judge granted Marsh a preliminary injunction blocking seven former employees, now at Howden US, from using Marsh's confidential information, soliciting Marsh staff, and courting Marsh clients for one year. The court found Marsh likely to succeed on breach‑of‑contract...
How Elevance Health Is — and Isn’t — Using AI
Elevance Health, formerly Anthem, is deploying artificial intelligence across its operations while drawing a firm line against using AI for claim denials. The insurer leverages AI to flag incomplete claims, accelerate prior‑authorization approvals, and power virtual assistants that guide members...
State Farm Inked $1.5B Underwriting Profit for 2025; HO Loss Persists
State Farm posted a $1.5 billion underwriting gain for its property‑casualty segment in 2025, reversing a $6 billion loss in 2024 and over $10 billion losses in the two preceding years. The turnaround was driven by a near‑$5 billion auto underwriting profit, with earned...
Alignment Healthcare Takes ‘Step Forward’ Despite Medicare Advantage Headwinds
Alignment Healthcare posted a fourth‑quarter loss of $11 million, but revenue rose 44 percent to just over $1 billion and membership jumped 25 percent to 236,300. The loss narrowed sharply from $31 million a year earlier, and the full‑year loss shrank to $724 000 versus $128 million...
Florida Court Rejects Broader Comp Drug Dispensing Rule
A Florida appeals court struck down a 2023 rule that would have forced workers‑comp insurers to reimburse medications dispensed by physicians, ruling the measure exceeded the statutory “free, full, and absolute choice” language for pharmacy selection. The court held that...
Louisiana Bill Would Limit Evidence in Comp Medical Treatment Appeals
Louisiana lawmakers introduced S.B. 162 to amend the state workers' compensation medical treatment schedule. The bill would keep the existing appeal framework but restrict the evidentiary record on further appeal to only what the medical director or associate medical director...
Liberty Launches Lender Collateral Insurance Program
Liberty Co. Insurance Brokers announced the launch of Liberty Collateral Protection, a new collateral protection facility aimed at lenders and loan servicers with large, multi‑state portfolios. The offering blends lender‑placed insurance, real‑estate‑owned (REO) coverage, and collateral protection insurance with centralized...
Top 6 Insurance Startups in Africa Transforming Coverage
Africa’s insurance protection gap remains stark, with only about three percent of the population covered. Mobile‑money, AI and API‑driven models are enabling a new wave of insurtech startups to offer micro‑insurance at scale. The article highlights six innovators—Pula, Lami, Pineapple,...
Protected: Navigating Shareholder Litigation Risk in the Life Sciences Sector
Berkshire Hathaway Specialty Insurance provides a broad suite of commercial property, casualty, professional liability, and specialty lines tailored for high‑risk sectors, including life sciences. The insurer underwrites policies on the paper of Berkshire Hathaway’s National Indemnity group, which carries an...
Munich Re Posts 12% Drop in Fourth-Quarter Profit as Weak Dollar Weighs
Munich Re reported a 12% decline in fourth‑quarter net profit, posting €945 million versus €1.068 billion a year earlier, missing analyst expectations of €1.030 billion. The drop was primarily driven by adverse currency effects from a weaker U.S. dollar. Despite the quarterly dip,...
The Heat Is On: Keeping Workers Safe in a Changing Environment
Extreme heat in the United States hit record levels in 2025, driving a sharp rise in heat‑related occupational deaths and injuries. OSHA has extended its National Emphasis Program and proposed a new heat‑injury rule, while several states already enforce stricter...
Medicare Part D: Implementation of Beneficiary Premium Stabilization Demonstration
In 2025 the Centers for Medicare & Medicaid Services launched a voluntary Premium Stabilization Demonstration for Medicare Part D standalone drug plans to curb steep premium hikes and protect enrollment. GAO analysis showed that without the program, average premiums would have...
A&E Professional Liability Market Faces Reckoning as Claim Severity Soars
The A&E professional liability market recorded its fifth consecutive year of premium growth in 2025, yet claim severity surged, with 60% of insurers reporting larger loss payouts. Defense costs now dominate, driven by aggressive litigation and rising counsel fees. While...
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Wakam UK launched in April 2024 as a fully authorised digital insurer built to serve MGAs, insurtechs and embedded insurance platforms. Leveraging an API‑driven, AI‑native core, the firm can design, underwrite and launch bespoke products in weeks rather than months....
Lessons Learned From an 11-Month-Old Workers’ Comp Law
New York enacted a sweeping workers’ compensation amendment in December 2024 that allowed any employee to claim compensation for “extraordinary work‑related stress,” but the law was repealed less than a year later due to vague definitions and fear of claim...
How We Engineered a Scalable and Performant Enterprise AI Platform
To meet the stringent data‑privacy demands of enterprise insurance, the company abandoned the traditional multi‑tenant SaaS model and built a single‑tenant AI platform where each client receives an isolated database and compute environment. By eliminating middleware and moving business logic...
UK Wants to Ban Firms From Insuring Russian Oil
The United Kingdom announced it will back a full ban on maritime services – including insurance and shipping – for Russian crude and refined oil, moving beyond the existing $44.10‑per‑barrel price‑cap rule. Trade Minister Chris Bryant said the UK will...
Sedgwick: Five Industries Saw Higher US Recall Volumes in 2025
U.S. product recalls surged to 3,295 incidents in 2025, the highest in a decade across five key industries. Consumer products led with 414 recalls, while FDA‑regulated food recalls hit 517, a nine‑year peak. Automotive and medical device recalls slipped modestly,...
San Diego Approves $6M Settlement With Insurers for Flood Damage
San Diego’s city council approved a $6 million settlement with 17 insurers to resolve subrogation claims stemming from the January 2024 floods. The payment, drawn from the city’s self‑insurance program, concludes part of a broader litigation wave accusing the municipality of neglecting...
Court Sharpens Causation Standard in All-Risk Policies in Church Mutual Case
The U.S. 4th Circuit Court of Appeals ruled that under North Carolina law an excluded cause must be the sole cause of damage for an all‑risk policy exclusion to apply, reaffirming the 1973 Avis v. Hartford standard. The decision overturns...
Insurer Ducks Claims by Models Over Strip Clubs’ Use of Their Images Without Consent
A federal court in Massachusetts ruled that Blackboard Specialty Insurance Co. is not liable for a $1.9 million consent judgment against three strip‑club owners accused of using professional models' images without permission. The decision hinged on the fact that most photos...
MBIA Inc (MBI) Q4 2025 Earnings Call Transcript
MBIA Inc. reported a markedly narrower Q4 2018 GAAP loss of $7 million, driven by reduced loss‑adjustment expenses on its Puerto Rico exposure and lower LAE across structured‑finance assets. The company completed a restructuring of COFINA bonds, cutting insured debt service exposure...
National Health Investors Inc (NHI) Q4 2025 Earnings Call Transcript
National MI (NMI Holdings) reported a record 2025 year, posting $388.9 million net income (up 8%), diluted EPS of $4.92 (up 11%) and a 16.2% return on equity. Insurance in force reached $221.4 billion, a 5.4% year‑over‑year increase, while fourth‑quarter new insurance...
Hagerty Inc (HGTY) Q4 2025 Earnings Call Transcript
Hagerty Inc. reported Q3 2025 revenue of $380 million, an 18% year‑over‑year increase, propelled by 16% written‑premium growth and strong State Farm policy conversions. Operating profit jumped 240% to $34 million, lifting margins to 9% and net income to $46 million, a 143%...
Vrbo Guests Can Pay Fees to Get Refunds When Rain Ruins a Stay
Vrbo has teamed with WeatherPromise to sell a weather‑guarantee add‑on that automatically refunds guests when rain exceeds predefined thresholds during their stay. The coverage price varies dynamically between 3 % and 8 % of the total trip cost, reflecting destination, dates and...
Clalit Probes Suspected Cyberattack After Iranian-Linked Hackers Leak Patient Files
Clalit Health Services, Israel’s largest HMO, announced it is probing a suspected cyberattack after the Iranian‑linked group Handala claimed to have breached its systems. The hackers released thousands of documents containing patients' personal and medical information on public platforms. Clalit...
Commercial P/C Market Softest Since 2017, Says CIAB
The Council of Insurance Agents & Brokers (CIAB) reports that commercial property‑casualty premiums in Q4 2025 grew a mere 0.2%, the weakest pace since 2017. Nine lines of business, including cyber and workers’ compensation, posted declines, with directors & officers premiums falling 3.8%...
MI Volumes Jump 12%, Competitive Pressure Builds
Private mortgage insurers collectively wrote 12% more new insurance in 2025, driven by a sharp rate‑cut‑induced surge in fourth‑quarter originations. While MGIC remained the top writer for the sixth straight quarter, the sector’s share continues to slip to the FHA...
Resilience: Cyber Risk Shifts From Disruption to Long-Tail Losses
Resilience’s 2025 Cyber Risk Report reveals a decisive shift from ransomware‑focused disruption to extortion attacks that rely on stolen data. Data‑theft‑only extortion claims rose to 65 % of incidents in the second half of last year, turning cyber incidents into multi‑year...
Share Your Industry Expertise on Stage at In2Risk 2026 in Las Vegas
The CPCU Society’s In2Risk 2026 conference will take place in Las Vegas from October 19‑21, featuring the theme “High Stakes. Smart Strategies.” Organizers are accepting educational session proposals from any professional until March 6, with topics ranging from AI and predictive...
Camp Mystic Parents Sue Texas, Allege Evacuation Plan Requirement Not Enforced
A federal lawsuit filed by families of nine children and counselors alleges Texas health officials licensed Camp Mystic without enforcing the state‑required evacuation plan. The suit targets six Department of State Health Services officials, claiming they knowingly approved a camp...
Cohen & Company Raises €481.5m for Subordinated Insurance Debt Funds
Fixed income specialist Cohen & Company announced that its European subsidiary raised €481.5 million for the PriDe IV subordinated insurance debt fund, the firm’s largest European vintage to date. The fund continues the company’s strategy of providing Tier II capital to small and...