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News
Van premiums fall 4.5% as insurers diverge sharply on pricing
3+ day, 21+ 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…...
Insurance keeps losing jobs. AI is only part of the story
5+ day, 4+ hour ago (375+ words) Insurance carriers and related activities accounted for most of that drop, losing 6,300 jobs on their own. Over the 12 months from August 2025 to August 2026, finance-and-insurance employment fell from 6,733,400 to 6,651,100, a decline of roughly 82,000. For an industry that has spent years marketing…...
P&C industry's best half in years hides a casualty problem
5+ day, 22+ hour ago (267+ words) The US property and casualty industry nearly tripled its net underwriting income in the first half of 2026. The result reflects a market where property and casualty lines are moving in sharply different directions. Net underwriting income reached $31.2 billion in the…...
London market sees treaty insurance premiums fall – IUA
6+ day, 17+ hour ago (65+ words) AIG secures minority stakes in Convex and Onex UK datacentre growth raises supply chain concerns Manchester Airports Group hit by major cyber attack Losses from July storms estimated at €2,186m Acrisure UK and ESET partner on cyber business resilience Tokio Marine…...
Huscarl bets on AI as companies rethink self-insurance |
1+ week, 5+ day ago (406+ words) The FRST-led seed round will help the startup expand its autonomous AI actuary platform in the US as more companies retain and manage their own insurance risk. Huscarl has raised seed funding to expand its AI-powered actuarial platform in the…...
How Asia’s insurers are using AI — and where it could take them
2+ week, 3+ hour ago (849+ words) Insurance leaders respond with a clear ambition, the technological and operational capability to deliver, and a fast path to adopt changes. The pressures on Asian insurers have been building for years, from shifting demographics to rising climate-related losses and a…...
Thoughts From M-Files on AI Investment ROI: Insurers Need to Focus -
3+ week, 4+ day ago (848+ words) Some thoughts here from M-Files on the problems that AI is being used to solve, plus the potential ROI on serious long term investment and transformation; Insurance organisations are investing heavily in artificial intelligence, with the technology increasingly being deployed…...
SBOA Insurance Names Damon Emerson VP of Self-Storage Solutions
3+ week, 5+ day ago (215+ words) SBOA Insurance, the self-storage insurance division of Alchemy Insurance Solutions LLC, hired Damon Emerson as vice president of self-storage solutions. He’ll focus on growing the company’s tenant-insurance program while bringing his product expertise to the development of new industry products,…...
AI and global shocks put pressure on insurance pricing
3+ week, 5+ day ago (403+ words) Global economic and geopolitical shifts are forcing insurers to rethink how they assess and price risk, with commercial lines facing particular pressure as new exposures, data sources and business models disrupt established underwriting practices. In a recent Earnix blog, Mark…...
AI could cut cost of running insurance by eliminating repetitive work: Report - www.lokmattimes.com
4+ week, 1+ day ago (336+ words) New Delhi [India], August 15: Artificial intelligence is increasingly helping insurance companies reduce the time and resources spent on repetitive administrative work, as insurers move AI from isolated pilot projects into everyday operations, according to a report by Get Covered an…...