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News
Orion180 Insurance Group seeks up to $340 mn in US IPO
2+ day, 15+ hour ago (336+ words) Orion180 Insurance Group is seeking to raise as much as $340 mn in an initial public offering. Florida-based specialty homeowners and flood insurer plans to sell 20 mn shares at $15 to $17 each. At the top of the proposed range, Orion180 would have a market…...
Billie Eilish deepfake case shows growing risks from AI-generated media
2+ day, 17+ hour ago (574+ words) A viral collection of AI-manipulated images depicting Billie Eilish drew about 11 mn views on TikTok before the platform removed it. The incident became an early example of how generative AI tools could be used to create sexualized fake content involving…...
Mistral AI raises €3 bn at more than €21 bn valuation
2+ day, 19+ hour ago (421+ words) Mistral AI has raised €3 bn in a Series D funding round at a post-money valuation of more than €21 bn. The company said the transaction is the largest equity fundraising completed by a European technology company. Samsung Electronics led the round,…...
New York proposes prior approval for all auto insurance rate hikes
2+ day, 15+ 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…...
Healthcare cyberattacks rise as hospitals face ransomware risks (The Case of Luminis Health)
2+ day, 15+ hour ago (493+ words) The warning followed a cyber incident at Luminis Health in Anne Arundel County, Maryland, that disrupted some medical appointments and services. Benjamin Yelin, public policy and external affairs program director at the University of Maryland, Baltimore’s Center for Cyber, Health…...
Association of British Insurers sets out cyber security controls for UK businesses
2+ day, 16+ hour ago (553+ words) The Association of British Insurers has published new guidance on cybersecurity measures UK organisations should consider when preparing for cyber incidents. The document draws on industry experience and claims data to identify controls associated with preventing attacks and limiting losses....
AI adoption exposes insurance gaps in digital health
2+ day, 17+ hour ago (767+ words) Digital health companies are adopting AI faster than insurance programs are adapting to the resulting exposures, according to Beazley’s 2026 Digital Health & Wellness report. The study surveyed 600 executives across Europe, North America and Asia, while its claims analysis draws on roughly…...
US P&C underwriting profit rises to $31.7 bn in H1 2026
2+ day, 16+ 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…...
Life insurers struggle to convert strong consumer demand into sales
2+ day, 16+ 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…...
Aon launches Underwriting Analytics for insurers and reinsurers
2+ day, 17+ 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…...