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News
Zurich ties cheaper Tesla premiums to FSD mode in Australian first
2+ hour, 48+ min ago (413+ words) Zurich Australia has become the first insurer in the local market – and only the second globally – to build the use of Tesla's Full Self-Driving (Supervised) technology into how it prices car insurance, arguing its own underwriting data shows the system…...
Large commercial accounts see first price drop since 2017, WTW finds
3+ day, 22+ hour ago (355+ words) Large commercial accounts posted their first price decrease since the end of 2017 in the second quarter of 2026, according to WTW's Commercial Lines Insurance Pricing Survey (CLIPS), as an eight-year run of sustained rate increases continued to unwind across the commercial…...
What brokers must know about the ‘it won't happen to me’ mindset before their next SME conversation
3+ day, 23+ hour ago (564+ words) The single biggest misconception small business owners have about insurance isn't about price, according to Mariano Neiman (pictured), COO at Zensurance, and understanding that distinction is the key to a more productive conversation between brokers and skeptical clients. "The results…...
Ransomware group claims cyberattack on Dunedin clinical trial company
3+ day, 16+ hour ago (568+ words) A ransomware group has claimed responsibility for a cyberattack on a Dunedin clinical trial company, with large volumes of sensitive health data feared stolen and Health Minister Simeon Brown receiving regular updates on the breach. Health New Zealand (Health NZ)…...
One in three employer compensation dollars now goes to benefits
4+ day, 1+ hour ago (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...
Van premiums fall 4.5% as insurers diverge sharply on pricing
3+ day, 23+ hour ago (341+ words) Van insurance premiums fell 4.5% in the three months to August. That ended a period of flat pricing and resumed the downward trend running since the market peaked in October 2024. Quoted prices are now 11% below last year and around 16% lower than…...
Claims technology, community access drive insurer wins at FSC awards
4+ day, 13+ hour ago (474+ words) The Financial Services Council (FSC) has named the winners of its 2026 industry awards, with insurers taking five of the eight categories. The results, read together, point to three areas drawing concentrated attention across the sector: claims infrastructure, health access for…...
The 30-day renewal is dead — why brokers are starting earlier than ever
4+ day, 22+ hour ago (721+ words) Some commercial insurance brokers are beginning renewal discussions as much as five months before expiry as persistent casualty pressures raise the stakes around submission quality and carrier engagement. The extended timeline reflects an increasingly divided market. Average US commercial insurance…...
‘Flight to quality’ creates opening for HDI Global’s US push: CEO
4+ day, 23+ hour ago (604+ words) HDI Global US is expanding its physical footprint, specialist underwriting capabilities and broker-facing leadership as the carrier pursues a larger share of the US commercial insurance market. New CEO Shadi Albert (pictured) said the expansion is intended to capitalize on…...
GreenShield hires the exec who built Sun Life Health from scratch
5+ day, 6+ hour ago (441+ words) GreenShield has appointed Dave Jones (pictured) as executive vice president and head of payer solutions, giving him oversight of GreenShield Insurance and GreenShield Administration. The hire comes as GreenShield continues scaling what it calls Canada's first integrated payer-provider model, which…...