2+ day, 10+ hour ago   (416+ words) New York regulators have proposed requiring auto insurers to obtain prior approval before implementing any increase in private passenger insurance rates. The New York State Department of Financial Services said the change forms part of auto insurance reforms included in…...

2+ day, 10+ hour ago   (333+ words) Insured losses from non-peak natural catastrophes exceeded $100 bn for the first time in 2025, according to Munich Re. Losses from events such as hailstorms reached $104 bn after several years of growth. Global insured catastrophe losses also exceeded $100 bn for the sixth…...

2+ day, 11+ hour ago   (651+ words) The US property and casualty insurance industry recorded an estimated net underwriting gain of $31.7 bn in the first half of 2026, according to Verisk and the American Property Casualty Insurance Association. That compares with $11.6 bn in the same period of 2025, when…...

2+ day, 11+ hour ago   (662+ words) 50% of consumers worldwide are considering buying life insurance, yet more than 40% leave the process confused or unconvinced, according to the World Life Insurance Report 2027 from the Capgemini Research Institute and LIMRA. The findings point to problems in how insurers explain…...

2+ day, 11+ hour ago   (413+ words) US commercial insurance prices increased 0.5% in the second quarter of 2026, according to WTW’s Commercial Lines Insurance Pricing Survey. The result shows further moderation from a 2.5% increase in the first quarter and 3.8% in the second quarter of 2025. CLIPS compares premiums for commercial…...

2+ day, 11+ hour ago   (329+ words) Aon has launched Underwriting Analytics, a new capability within its Risk Analytics Platform for insurers and reinsurers. The tool is designed to assess how prospective business would affect existing portfolios before underwriting capacity is committed. The solution combines location-level information…...

2+ day, 11+ hour ago   (596+ words) AI is helping commercial insurance underwriters reduce administrative work, but fewer users report improvements in decision quality, according to the Underwriting Edge 2026 report from hyperexponential. The study surveyed 350 senior commercial property and casualty underwriters across the US and UK in…...

2+ day, 13+ hour ago   (437+ words) Wonderful is positioning its AI operating system for use across core insurance workflows, including underwriting, claims, servicing and compliance. The platform is designed to sit above existing insurer systems rather than replace core infrastructure. For sales and underwriting, Wonderful applies…...

2+ day, 14+ hour ago   (376+ words) Vero, part of Suncorp, has partnered with Uber and Cover Genius to launch a motor insurance product combining private and rideshare cover for eligible Uber drivers in Australia. Vero describes it as Australia’s first comprehensive rideshare motor policy with a…...

2+ day, 14+ hour ago   (612+ words) Insurtech Sixfold has launched AI Underwriter for Life & Health, a system designed to generate case-level underwriting recommendations across life, disability, long-term care and critical illness insurance. The platform also provides rationale and suggested next actions for each case. The system…...