Insurance News and Headlines
Insurance News and Headlines
Insurance Pulse
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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
A group of war‑risk insurers, including Chubb, Fidelis and Lloyd’s, have won permission to appeal a London High Court decision that awarded aircraft lessor AerCap just over $1 billion in damages for jets stranded in Russia. The original claim sought roughly $2 billion under an all‑risks policy, while the disputed fleet and engines were initially valued at up to $4.7 billion. The High Court had broadly favored leasing companies, but the appeal—expected to last up to five days—could overturn that precedent. Settlements during the trial have already trimmed the total exposure.
Mark Cuban has thrown his weight behind the Senate’s Break Up Big Medicine Act, which seeks to separate insurers, pharmacy‑benefit managers and providers that are currently owned by the same conglomerates such as UnitedHealth Group. The legislation would bar parent...
Plenum Investments, a Zurich‑based ILS manager, has issued a position paper urging the European Commission to reject ESMA’s June 2025 recommendation to bar catastrophe bonds from UCITS funds. The paper highlights that UCITS currently hold over $19.12 billion of cat‑bond assets,...
Midsize mutual insurers are wrestling with the classic dilemma of protecting profitability and policyholder trust while modernizing their operations. Jennifer Overhulse outlines a four‑step roadmap—enhancing data quality, upgrading core infrastructure, forming MGA partnerships, and eventually launching a greenfield MGA—to boost...
The ILS Advisers Fund Index posted a 0.47% return for February 2026, marking a solid continuation of the year’s strong start after a 0.82% gain in January. Private insurance‑linked securities strategies, which invest in reinsurance and retrocession, outperformed the broader...
Neptune Insurance, the largest private flood insurer in the U.S., went public with a multibillion‑dollar valuation, showcasing that AI‑driven underwriting can make climate adaptation profitable. By blending satellite imagery and forward‑looking climate data, Neptune posted an 18% loss ratio during...
Shipowners are facing a surge in subjective injury claims, especially for pain and suffering, with some verdicts exceeding $10 million. Courts see more nuclear verdicts driven by emotional narratives and per‑minute suffering calculations. Traumatic brain injury cases are particularly complex, relying...
Kin Insurance is increasing the size of its Hestia Re 2026-1 catastrophe bond to between $325 million and $335 million, up from the original $300 million target. The bond will be issued in four tranches, providing fully‑collateralized named‑storm reinsurance for...
Global insured losses from severe convective storms (SCS) reached $208 billion over the 2023‑2025 period, with 85% of that exposure concentrated in the United States. In 2025 alone, SCS events accounted for nearly half of all natural catastrophe losses, totaling $60 billion,...
Cyber‑risk firm KYND warns insurers that U.S. privacy lawsuits tied to routine website tracking have surged from a few hundred to over 2,000 cases annually. The claims focus on marketing pixels and analytics tools rather than data breaches and can...
In August, the Trump administration ordered states to re‑verify Medicaid enrollment for individuals whose immigration status was unclear. Five states that reported back found only a handful of undocumented enrollees were removed, with Pennsylvania and Colorado terminating none, Texas 77,...
The Philippine Health Insurance Corporation (PhilHealth) will launch a Statement of Premium Account (SPA) Generator on April 1 for self‑paying members. Under the new “No SPA, No Payment” rule, members must create a QR‑coded SPA before any contribution can be processed....
A Joint Economic Committee report finds Medicare Advantage plans are being paid roughly 20% more than Original Medicare for comparable care, largely due to aggressive coding intensity and favorable selection. These overpayments trigger a mandatory Part B premium pass‑through, adding an...
The American Hospital Association (AHA) responded to CMS’s Request for Information on the Comprehensive Regulations to Uncover Suspicious Healthcare (CRUSH) initiative, urging data‑driven, low‑burden regulatory changes. It called for stronger oversight of Medicare Advantage organizations and enhanced transparency tools for...
The Centers for Medicare & Medicaid Services reported that average out‑of‑pocket premiums for Health Insurance Marketplace enrollees jumped from $113 in 2025 to $178 in 2026, a $65 monthly increase. The rise follows the expiration of the enhanced premium tax...
The Centers for Medicare & Medicaid Services (CMS) finalized an Interoperability and Prior Authorization Rule that obliges payers to publish annual aggregated prior‑authorization metrics, with the first set due March 31 for calendar‑year 2025. The rule also shortens decision timelines to seven...
Willis Towers Watson’s retail broking arm unveiled a $50 million excess casualty facility aimed at filling the U.S. market’s shortage of large‑limit umbrella coverage. The Willis Excess Liability Lineslip offers up to $25 million of lead umbrella protection with an additional $25 million...
War risk premiums in the Red Sea have risen following a Houthi missile strike on Israel, lifting the additional war risk premium (AWRP) to roughly 0.65‑0.75% of hull and machinery value. Insurers note that a portion of the charge—25‑50%—may be...
The Friedlander Group promotes a New York Workers’ Compensation Safety Group for restaurants, bars and nightclubs that can slash premiums by as much as 57% through group discounts and dividend payouts. Since 1993 members have saved $244 million, with recent dividends...
The expiration of ACA premium tax credits, Medicaid funding cuts, and rising benefit costs are driving a sharp increase in self‑pay patients and higher out‑of‑pocket balances. Hospitals anticipate a 10‑15% rise in patient cost‑sharing and uncompensated care. Even commercially insured...
Progressive Insurance has boosted its 2026 aggregate excess‑of‑loss reinsurance to $300 million, up from the prior year, by adding a $125 million catastrophe bond and renewing traditional limits. The cat bond, issued by Bonanza Re Ltd., covers losses between $550 million and $750 million...
The U.S. Treasury will hold its first meeting with domestic and international insurance regulators to address concerns in the $2 trillion private‑credit market. Treasury Secretary Scott Bessent plans regular consultations starting in the second quarter, focusing on liquidity, transparency, fund‑level leverage,...
The International Insurance Society’s 2026 Global Priorities Report shows artificial intelligence has become the top strategic focus for insurers, with 71% of executives naming it the leading issue across all business categories. Regulation now eclipses cybersecurity as the primary political‑legal...
The January 2025 Palisades and Eaton wildfires in Los Angeles served as a real‑world stress test for U.S. wildfire catastrophe bonds. Swiss Re Capital Markets reported that, despite no per‑occurrence payouts, the events reinforced investor confidence and spurred record‑size issuance, including the...
The Centers for Medicare & Medicaid Services (CMS) will launch the Advancing Chronic Care with Effective, Scalable Solutions (ACCESS) model on July 5, 2026, a ten‑year voluntary payment experiment for fee‑for‑service Medicare beneficiaries with hypertension, diabetes, chronic musculoskeletal pain or depression. The...
The National Partnership for Healthcare & Hospice Innovation (NPHI) has urged the Centers for Medicare & Medicaid Services (CMS) to impose a temporary, nationwide moratorium on new hospice provider enrollments, citing a rise in fraudulent operators. The organization’s letter also...
Discovery Life, the JSE‑listed insurer, has embedded in‑house artificial intelligence and machine learning into its claims operation, enabling rapid identification of the less than 0.5 % of claims that appear fraudulent. In 2025 the company paid roughly $605 million in claims, of...
Zenkyoren, Japan’s agricultural mutual insurer, is pursuing mid‑guidance pricing of 2.1% for its $100 million Nakama Re 2026‑1 catastrophe bond, a slight reduction from the original 1.9‑2.4% spread range. The bond provides fully‑collateralized earthquake reinsurance covering losses from an attachment point...
The article outlines five essential post‑flood environmental risk assessments—mold and fungal testing, indoor air quality analysis, Legionella and other waterborne pathogen testing, fecal contamination tracking, and asbestos/lead surveys. It explains how targeted testing documents damage, safeguards occupants, and satisfies insurance...
Getting a self‑build or renovation underway brings excitement, but the early phase is the most vulnerable to risk. Open sites, unfinished structures, and multiple trades increase chances of accidental damage, theft, weather‑related loss, and liability claims. Standard home insurance typically...
Artemis released its weekly "Best of Artemis" roundup for the week ending March 29 2026, highlighting the ten most‑read articles on catastrophe bonds, insurance‑linked securities (ILS) and reinsurance capital. The pieces spotlight a proposed secondary reinsurance market to improve capital efficiency, the...
The U.S. 6th Circuit Court of Appeals upheld a property insurer's right to apply depreciation to actual cash value (ACV) payments, confirming that clear policy language governs such deductions. The ruling dismissed a proposed class‑action by Florida‑based Schoening Properties, which...
A new Highway Loss Data Institute study shows driver‑assistance technologies are cutting insurance claims on Mazda models from 2015‑2023. The simplest bundle—front automatic emergency braking—reduced property‑damage liability claims by 13% and bodily‑injury liability claims by 9%. More comprehensive bundles that...
Cambridge Mobile Telematics (CMT) has upgraded its AI‑driven StreetVision platform to deliver intersection‑level risk analytics across the United States. The new StreetVision Intersections module combines federal and state crash records with telematics data—speeding, hard braking, phone distraction and aggressive cornering—into...
The International Union of Marine Insurers (IUMI) reports that the global marine insurance market remains resilient despite heightened geopolitical tensions in the Middle East. Cargo, hull, liability and offshore energy coverage continue to be widely available, though insurers are adjusting...
Jio Financial Services (JFS) announced it aims to launch both life and general insurance operations in 2026, contingent on regulatory clearance. The rollout will be executed through a joint venture with global insurer Allianz, building on JFS’s recent entry into...
Florida’s Third District Court of Appeal held that an insured’s two‑year delay in reporting Hurricane Irma property damage breached the policy’s prompt‑notice requirement. The insured had observed roof tiles, water stains, and installed a tarp shortly after the September 2017 storm...
Hospitals face billing ambiguity for medical supplies under IPPS and OPPS, where many items are bundled into procedure payments. A clear billable supply policy distinguishes routine from non‑routine items, preventing inconsistent patient charges and aiding charge capture. The article outlines...
Presurance Holdings reported a sharp decline in Q4 2025 gross written premiums, falling 42% to $7.9 million as the company completed its exit from commercial lines, which generated zero premium in the quarter. Personal lines premium increased 12.7% year‑over‑year, now representing...
Transactional risk insurance premiums are climbing after years of decline, as a wave of larger, more complex M&A deals revives demand for protection. In 2025, Marsh’s report shows average representations and warranties (R&W) premiums rose 16% in North America, 8%...
Researchers from Brookings propose a federal property reinsurer, dubbed US Re, to backstop severe catastrophe risk for U.S. homeowners insurers. By absorbing the most expensive events, the entity could lower premiums, which rose 28% inflation‑adjusted from 2017‑2024, and keep insurers in...
The article shows that a cargo theft can succeed even when a carrier clears every standard verification—insurance, VIN, tracking—because the actual person handling the freight may be fraudulent. In a recent case, a load moved normally for three days before...
Extratropical windstorm Nils struck southwest France in mid‑February, generating €586 million (≈$633 million) in insured losses, primarily on property and motor lines. The storm cut power to 900,000 households, caused flooding in the Garonne, Dordogne and Charente basins, and heightened avalanche risk...
Aon has broadened its Automated Event Response (AER) platform to cover U.S. severe convective storms (SCS), adding daily loss modeling and real‑time analytics. The move follows 2025 data showing SCS generated $52 billion in U.S. insured losses, the highest‑cost peril of...
Moody’s has kept a negative outlook on the U.S. health‑insurance sector, citing persistent medical‑cost inflation that is crushing profit margins. EBITDA margins have slipped into the low‑single‑digit range as loss ratios climb faster than premium hikes. Insurers are expected to...
The Lagos State government has launched a parametric flood‑risk insurance policy covering up to 4 million vulnerable residents, with a maximum payout of $7.5 million for flood response and recovery. The product is part of the Tripartite Agreement Programme, a public‑private partnership...
GAM Investments announced that its catastrophe bond and insurance‑linked securities (ILS) partnership with Swiss Re’s SRILIAC subsidiary is now fully activated, bringing together multi‑billion‑dollar ILS assets. The co‑management arrangement grants GAM access to Swiss Re’s underwriting expertise, risk management and...
Recent conflicts, from the US‑Israel war on Iran to the Russia‑Ukraine crisis, have highlighted China's dependence on foreign maritime insurance providers. Expert Chen Jihong warned that while China excels in shipbuilding hardware, its "software"—legal and financial services like insurance—remains underdeveloped....
The Trump administration touts recent reductions in Affordable Care Act (ACA) enrollment fraud while unveiling a sweeping set of 2027 regulations aimed at tightening eligibility verification and curbing broker misconduct. Complaints about unauthorized enrollments climbed to 341,906 in 2025, prompting...
A risk prioritization matrix transforms vague risk lists into a structured grid that plots likelihood against business impact, enabling teams to spot the most threatening issues at a glance. The guide outlines a seven‑step process—from building a clean risk inventory...
