Fintech
Financial technology and innovation
Anthem Website Tracking Lawsuit Advances on Wiretap and Fiduciary Claims
A federal judge let Anthem members pursue wiretap and fiduciary claims over website tracking, while dismissing two other claims.
AIG Expands Latin American Insurance Business With Everest Chile Deal
AIG agreed to acquire Everest Chile, with the deal expected to close in the first half of 2027, and completed its purchase of Everest Colombia.
AI Automation Puts Women’s Insurance Roles at a Crossroads
AI could reshape claims and underwriting work, making training, relationship skills and career sponsorship more valuable as insurers automate routine tasks.
Medical Malpractice Rates Rise 1.8% as Insurers Record 12th Year of Losses
Rates rose modestly at midyear 2026 as medical liability insurers faced a 107.4% combined ratio and continued competition.
Liberty Biberty Protest Puts Liberty Mutual’s Ad Strategy in Focus
Dozens protested Liberty Mutual’s mascot outside its Boston headquarters, citing repetitive ads and questioning the insurer’s creative approach.
Nippon Dynawave Longview Mill Cited $77,800 After Hot Pulp Spill
Washington regulators cited Nippon Dynawave $77,800 after a worker fell into a hot pulp spill while trying to close a tank valve.
California Revises Proposed Workers’ Comp Deposition Attorney Rates
California’s revised proposal sets experience-based deposition rates and permits limited billing for travel and transcript review.
Texas Workers’ Comp Networks Report Lower Costs and Faster Return to Work
Texas network claims averaged lower medical costs, quicker treatment and fewer missed workweeks than claims outside the networks.
Everest Group Q3 Net Income Falls 9% as Premiums and Underwriting Results Weaken
Everest’s third-quarter income fell to $233 million as premiums declined 14% and catastrophe losses rose to $322 million.
Construction Insurers See AI’s Value in Better Risk Decisions, Not Cost Cuts
Construction risk leaders say AI’s strongest payoff may come from spotting hazards and improving decisions, with reliable data as a prerequisite.
Markel Transfers $2.3 Billion of Legacy Reserves to Enstar in Reinsurance Deal
Markel will cede $2.3 billion of reserves to Enstar under a deal covering run-off reinsurance and exited insurance lines.
EverPeak Taps Patrick Daley as Chief Underwriting Officer
EverPeak names insurance veteran Patrick Daley to lead underwriting strategy and quality across its business lines.
Halloween 2025 Vehicle Vandalism Claims Rose 34%, State Farm Data Shows
State Farm says vehicle vandalism claims averaged nearly 34% higher on Halloween 2025 than on other October days, up from 27% in 2024.
Arkansas Appeals Court Upholds Denial of Nurse’s Shoulder Injury Claim
The court found that conflicting medical histories and prior shoulder problems supported the commission’s decision to deny benefits.
Radian Appoints Inigo Co-Founder to Lead Property and Casualty Strategy
After its $1.7 billion Inigo acquisition, Radian named Russell Merrett to lead property and casualty strategy and promoted Craig Knightley to chief underwriting officer.
WTW Q3 Revenue Rises 7.6% as Middle East Headwinds Narrow Career Outlook
WTW posted 4% organic growth in Q3 and held its 2026 outlook near the lower end of mid-single digits; Middle East conditions weighed on career work.
Senior Living Liability Costs Rise as Excess Insurance Tightens
Senior care claim payments are climbing while excess coverage costs more, pushing operators to strengthen controls and retain more risk.
Workers Comp Opioid Prescriptions Fall as Claims Costs and Recovery Outcomes Come Into Focus
Opioid prescribing has declined, but rising pharmacy costs and uncertain recovery gains put treatment outcomes, coordination and long-term claims under scrutiny.
Data Center Construction Drives Insurance Growth as Exposure Accumulation Rises
Billions in data center projects are expanding insurance demand, while insurers track concentrated exposures and weigh revenue that may fade after construction.
European Commercial Insurers Hold Strong Ratings, but Agency Coverage Is Thin
Most listed insurers average A to AA ratings, yet six have just one agency rating. Beazley could gain from closer ties to Zurich.