AIG and McGill partner on AI-driven follow underwriting deal
Palantir-powered system will deploy capacity in real time across up to $1.6 billion in specialty premiums Source link
Month: March 2026
March storms could cost insurers low-to-mid single-digit billions – Aon
Two waves of tornadoes, record hail, and 60 mph winds left damage across more than a dozen states Source link
APCIA backs California blueprint for nationwide smoke claims standards
Collins said the association supports the task force’s call for standardized, wildfire-specific training and certification requirements, and sees potential in…
How Umbrella Insurance Could Save Your Side Hustle | Blog
Many people today take on side hustles to supplement their primary income. Unlike a traditional job, however, a side hustle…
California’s FAIR Plan carries growing load as insurers retreat beyond wildfire zones
Farmers Insurance has requested a near‑7% rate rise and has pledged to market to 300,000 consumers in high‑risk zones from…
GEICO sues three Florida clinics over $3.7 million PIP fraud scheme
The insurer filed suit on March 13 in the US District Court for the Middle District of Florida, naming ten…
Atlantic Coast Life sale shows how private credit is reshaping life insurance balance sheets
The deal will test whether alternative managers can calm regulators’ concerns over concentrated assets and long-term annuity risk Source link
Regulators clear Louisiana Farm Bureau sale amid coastal mutual strain
The review found Louisiana Farm Bureau has come under increasing financial strain in recent years, with surplus falling from $165.6…
Secondary perils take the lead as SCS and LA wildfires dominate 2025 cat bill
To address this, Moody’s has released its RMS US Severe Convective Storm HD Models, launched in late 2025. The models use…
MAPFRE raises strategic plan targets as solvency and profits hit new highs
Latest results signal renewed confidence in reinsurance, tech investment and its capital position Source link
Ask Nathan: Is Honda Doomed (No More EVs), and How Was the Overland Expo SoCal 2026?
In this week’s Ask Nathan: After killing off their EVs (before they go into production) is this a sign that…
DOJ OLC Issues Opinion on DPA Order for Energy Company Operation
Takeaways In a March 3, 2026 opinion, the U.S. Department of Justice’s (DOJ) Office of Legal Counsel (OLC) concluded that an…