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The property and casualty insurance industry is facing a big moment of change. Customers now expect the same smooth and easy digital experiences they get from companies like Amazon and Apple. This has insurance companies rushing to make claims simpler and more digital. While most focus on adding new tech like cloud services and AI, … Read more

Ryan Specialty has launched a new managing general underwriter called Clach Casualty Underwriting Managers. This new team focuses on casualty insurance for tricky construction and habitational real estate risks. Clach Casualty began its operations in September 2025 and works exclusively through U.S. wholesale brokers. Clach Casualty is part of Ryan Specialty Underwriting Managers, the specialty … Read more

The Justice Department has reached an agreement with Kansas City Kansas Community College (KCKCC) to protect the rights of Major Stephen W. Terry of the Kansas Army National Guard under the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA). This settlement comes after Major Terry claimed that KCKCC broke the law by firing … Read more

USAA has scored a significant legal win after Florida’s Third District Court of Appeal overturned a class action certification against the insurer on January 28. The case involved USAA Casualty Insurance Company and USAA General Indemnity Company and centered on their responsibilities under Florida’s no-fault auto insurance law related to Medicare coordination. The lawsuit was … Read more

AXIS Capital reported solid operating gains for 2025 despite a drop in overall net income, largely due to new tax changes in Bermuda. The specialty insurer and reinsurer posted a net income of $979 million for the year ending December 31, 2025, which is $73 million, or 7%, less than the previous year. The decline … Read more

Life Insurance Company of the Southwest, connected to National Life Insurance Co., is facing a new lawsuit over its sale of indexed universal life (IUL) insurance products. The case centers on claims that the company used misleading materials when marketing these policies. The lawsuit was filed in the U.S. District Court for Vermont and argues … Read more

A California father spoke emotionally before a U.S. Senate panel on September 16, sharing his grief over the loss of his 16-year-old son, Adam, who died by suicide earlier this year. Matthew Raine said OpenAI’s chatbot, ChatGPT, played a harmful role by “grooming” his son toward taking his own life. Raine argued that the company … Read more

Companies in Europe’s four biggest economies—France, Germany, Italy, and Spain—have faced heavy losses from cyberattacks over the past five years, with the total cost topping €300 billion (around $405 billion), a recent survey by insurance broker Howden shows. Nearly half of the companies surveyed said they experienced at least one cyberattack between 2020 and 2025, … Read more

Edison International is set to start accepting claims soon to help those affected by the deadly Eaton Fire that devastated parts of the Los Angeles area earlier this year. According to Edison’s CEO, Pedro Pizarro, the company aims to have its compensation program ready well before Thanksgiving, with payments expected to begin by early 2026. … Read more

California’s FAIR Plan, an insurer of last resort, has seen a huge jump in its policies in recent years, sparking concerns among insurance trade groups and lawmakers. The plan now covers over 668,000 policies with an exposure value around $724 billion, according to Victoria Roach, the president of the FAIR Plan. These figures were shared … Read more