12+ hour, 45+ min ago   (481+ words) The brokerage argues this exposes homeowners to co-insurance clause penalties that can reduce claim payouts even on partial losses, and points to rising construction costs as the underlying driver. "We're seeing this constantly in client feedback right now: people who…...

13+ hour, 15+ min ago   (280+ words) ScienceSoft, a McKinney, Texas-based IT consulting and software development firm, has published research projecting that by 2028, 60% to 80% of new policies and renewals in errors and omissions, directors and officers, employment practices liability, and cyber insurance will factor AI risk into…...

3+ day, 18+ hour ago   (685+ words) Chinese engagement in Belt and Road Initiative (BRI) countries hit its highest level on record in 2025, reaching US$213.5 billion in construction contracts and investments across around 350 deals – a 19% increase in deal numbers compared to 2024, according to the Griffith Asia Institute....

3+ day, 19+ hour ago   (567+ words) Prudential Hong Kong is not the only major insurer in the city putting AI tools into the hands of agents and consultants. But its September 9, 2026, deployment – a chatbot that returns preliminary underwriting indications at the point of sale, before any…...

4+ day, 9+ hour ago   (457+ words) The casualty reinsurance market already carries AI exposure. The question is whether it knows where. That is the practical challenge running through a Howden Re roundtable published at Monte Carlo. Four of the broker's global casualty leaders mapped how AI-related…...

4+ day, 3+ hour ago   (704+ words) Twenty-five years after the September 11, 2001, attacks, terrorism insurance faces a problem at both ends of the market. The boundary between terrorism, political violence and war is becoming harder to define, while an estimated 95% of UK small and medium-sized enterprises (SMEs)…...

4+ day, 1+ hour ago   (394+ words) New data from the January 2026 Victorian bushfires has given the Australian insurance industry its clearest evidence yet that postcode-level risk assessments leave a material gap in how bushfire vulnerability is measured – and how premiums are priced. Those results came from…...

4+ day, 12+ hour ago   (536+ words) Alberta drivers are projected to save roughly $297 annually, or 13.7%, under the province's incoming Care-First auto insurance system, according to two new reports from the Automobile Insurance Rate Board. That's a meaningfully larger figure than the $259 average savings Oliver Wyman's actuarial…...

4+ day, 18+ hour ago   (167+ words) Seven employees say USI Insurance ran their benefits plan and brokered it too, collecting millions in commissions their premiums paid for. The claim sits at the heart of a proposed class action filed on September 8, 2026 in the US District Court…...

5+ day, 1+ hour ago   (339+ words) Ask a terrorism underwriter and a cyber underwriter the same question what's the one loss that could actually break you?, and increasingly you get the same shape of answer: something that hits everyone at once, spreads faster than the policy…...