Swiss Re: AI Raises Cyber Risk as Large Companies Face Insurance Limit Gaps
Swiss Re projects global cyber premiums of $16.4 billion in 2026 while warning that ransomware, data breaches and growing digital dependence can produce losses beyond the limits purchased by some large companies.
September 3
Insurance Industry
Risk Management
Technology
Underwriting
Supreme Court Ruling Changes Freight Broker Liability Claims
The Supreme Court ruled that FAAAA preemption does not bar a state-law negligent hiring claim against a freight broker. Claims investigations may now put more scrutiny on carrier selection, safety records and broker documentation.
September 3
Auto
Liability
Litigation
Risk Management
Underwriting
Illinois
Catastrophe Models Lack Key Data on How Disasters Unfold
Catastrophe models can map where damage occurred, but often lack detailed data showing when and how an event developed. Continuous satellite observations could improve wildfire modeling, claims aggregation, hours clauses, parametric triggers, and mitigation credits.
August 24
Catastrophe
Insurance Industry
Property
Risk Management
Technology
Rising Equipment Values Raise Inland Marine Claims Stakes
Data center construction, tariffs and equipment shortages are pushing insured values higher and complicating replacement-cost and loss-of-use calculations after inland marine losses.
August 20
Insurance Industry
Marine
Property
Risk Management
Underwriting
Insurers Use AI to Track Roof Deterioration Before Catastrophes
AI-derived property observations are giving insurers a clearer view of roof deterioration between catastrophes, providing claims teams with more information about pre-loss conditions when severe weather strikes.
August 20
Catastrophe
Insurance Industry
Risk Management
Technology
Underwriting
AIG CEO: AI Data Centers Are Maxing Out P&C Insurance Limits
AIG CEO Eric Andersen says the AI data center buildout is driving demand across construction, property, cyber and liability insurance, while pushing required P&C limits to unusually high levels.
August 13
Insurance Industry
Liability
Property
Risk Management
Technology
Triple-I: Wildfire Risk Expands Beyond the West as Heat Waves Drive US Fire Exposure
A new Insurance Information Institute brief says heat waves, drought and development in the wildland-urban interface are driving wildfire exposure beyond the Western United States, creating new underwriting and claims challenges for insurers.
August 3
Catastrophe
Legislation & Regulation
Property
Risk Management
Underwriting
California
Florida
Georgia
Nebraska
New Illinois Law Makes Boat Liability Insurance Mandatory for Thousands of Owners
Beginning January 1, 2027, most Illinois motorboats over 50 horsepower or at least 21 feet long must carry liability insurance. The new law introduces fines for uninsured operators and could reduce the number of uninsured boating claims.
July 29
Legislation & Regulation
Liability
Marine
Underwriting
Illinois
Federal Bill Seeks Safe Harbor for Insurers Serving State-Legal Cannabis Industry
A bipartisan Senate bill would prevent federal agencies from penalizing insurers that cover state-legal cannabis businesses while preserving state insurance regulation. The proposal also directs the GAO to study financial access barriers for minority-owned and women-owned cannabis companies.
July 27
Insurance Industry
Legislation & Regulation
Risk Management
Underwriting
Wind Mitigation Discounts Alone Won’t Stop Property Insurance Premium Surge, Studies Say
Two new studies conclude that mitigation discounts encourage home hardening for some property owners but fail to overcome affordability barriers for many households, even as climate-driven insurance costs continue to rise across much of the Southeast.
July 9
Catastrophe
Property
Risk Management
Underwriting
California
Florida
Louisiana
North Carolina
South Carolina
Massachusetts Supreme Judicial Court Says Workers’ Comp Rate Cut Lacked Explanation
The Massachusetts Supreme Judicial Court upheld regulators’ authority to reject proposed workers’ compensation rates but ruled they must clearly explain how they arrived at a 14.6% statewide rate reduction. The decision sends the 2024 and 2025 rate rulings back for further review.
July 7
Insurance Industry
Legislation & Regulation
Underwriting
Workers' Compensation
Massachusetts
State Farm Releases Illinois Weather Data Showing 50,000 Catastrophe Claims Amid Rate Dispute
State Farm says Illinois homeowners filed 50,000 severe weather claims through mid-June as tornadoes and hail continue driving losses. The new data adds context to the insurer’s ongoing dispute with Illinois regulators over homeowners insurance rates.
July 6
Catastrophe
Insurance Industry
Legislation & Regulation
Property
Underwriting
Illinois
FIFA World Cup Referee Also Runs Insurance Advisory Business
A FIFA World Cup referee who operates an insurance advisory firm highlights a specialty insurance market that is expanding as abuse, liability exposures, and retention challenges increase for sports officials worldwide.
July 6
Insurance Industry
Liability
Risk Management
Underwriting
Plastic Surgery Malpractice Study Finds Clinical Judgment Drives Highest Claim Costs
A review of nearly 2,000 closed malpractice claims found technical skill issues were the most common contributing factor, but clinical judgment failures produced the highest average indemnity payments. The findings offer new insight for underwriters, adjusters, and healthcare risk managers.
July 6
Liability
Life & Health
Litigation
Risk Management
Underwriting
Water Damage Tops Home Insurance Claims Despite Homeowners Fearing Fire
A new PEMCO survey shows many homeowners overestimate fire risk while underestimating costly water damage, creating opportunities for insurers and agents to promote leak detection technology during policy renewals.
June 30
Property
Risk Management
Technology
Underwriting
Oregon
Washington
