News
Cargo theft surge is tightening underwriting standards for Canadian trucking fleets
2+ day, 15+ hour ago (512+ words) Rising cargo theft across Canada is forcing insurers to sharpen their scrutiny of trucking operations, with carriers facing more demanding underwriting standards as claims continue to climb and organized criminal networks increasingly use digital fraud rather than physical force to…...
Inside the AI modeling race reshaping catastrophe risk
12+ hour, 1+ min ago (191+ words) Actuarial AI is advancing faster than most carriers' pricing infrastructure can keep up - and the carriers falling behind are mispricing risk as a result. Every step forward in modeling methodology runs on expanded computing power. The chart below shows how…...
Climate due diligence is opening a new front for insurance brokers in M&A
6+ day, 11+ hour ago (630+ words) Climate risk has graduated from a compliance footnote to a frontline concern in dealmaking. Buyers increasingly want to know whether a target's flood, wildfire and storm exposures are adequately insured, whether resilience measures are in place, and whether they are…...
AI is making health insurance fraud faster, cheaper and harder to detect
2+ day, 11+ hour ago (364+ words) Pulling off health insurance fraud used to require real skill. Fabricating medical records demanded knowledge of clinical terminology and billing codes. Impersonating a patient or physician over the phone required a human being to make the call. With artificial intelligence,…...
Lemonade expands Tesla FSD insurance to Colorado
1+ day, 22+ hour ago (369+ words) Lemonade has extended its Autonomous Car insurance product to Colorado, continuing a state-by-state rollout of a usage-based offering that prices Tesla Full Self-Driving miles at a 50% discount relative to manually driven miles. The product, first launched in Arizona and Oregon…...
Australia's cyclone pool keeps home insurance within reach in storm zones
2+ day, 20+ min ago (572+ words) Average premiums in Australia's highest cyclone risk areas are down 37% from October 2022 levels, and policy availability in those same zones has grown by 27% " gains that have held over the past six. .. Australia's cyclone pool keeps home insurance within reach in…...
Europe cyber incidents fall, but severity keeps insurers cautious
1+ day, 15+ hour ago (455+ words) Cyber claim notifications across Europe fell in 2025, but privacy breaches, ransomware attacks, and third-party failures continued to generate costly losses, according to data compiled by Marsh. Marsh's Global Cyber Claims Trends Report, which analyzed cyber claims and incident notifications reported…...
Australia's spy agency co-signs an urgent AI cyber warning
1+ day, 3+ hour ago (220+ words) By Matthew Sellers and Bryony Garlick The Australian Signals Directorate's Stephanie Crowe was one of six intelligence chiefs to sign a joint statement on Sunday warning that AI-powered cyber attacks are months - not years - away from "fundamentally transforming" the threat…...
Rhode Island now forces insurers to warn producers before changing pay
2+ day, 11+ hour ago (415+ words) Rhode Island now treats any change to an insurance producer's pay as a contract change, forcing carriers to give 180 days' notice. The shift comes from House Bill 7111, introduced on January 15, 2026, .. . Rhode Island now forces insurers to warn producers before changing…...
It's Madness" " Shock Iranian announcement upends marine insurance
4+ day, 18+ hour ago (237+ words) That sequencing is not accidental. Tehran is using the goodwill window to establish a legal and commercial precedent: Iranian-approved insurance is a condition of transit through the Strait of Hormuz. The precedent will still be standing on day 61. Third, the…...