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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.
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.
Global Insured Catastrophe Losses Hit $91 Billion Through September 2026
Aon estimates insured catastrophe losses at $91 billion through September, below the five-year average even as billion-dollar events exceeded historical norms.
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.
Liberty Mutual Has No Duty to Defend I-35W Pileup Lawsuits, Appeals Court Rules
The Fifth Circuit affirmed summary judgment for Liberty Mutual, finding the lawsuits tied the I-35W pileup to roadway operations and maintenance.
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.
NCCI Finds Higher Medical Use in Older Workers’ Compensation Claims
Claims involving workers 65 and older averaged 21% more medical care, with injury diagnoses, treated conditions and job mix driving the differences.
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.
Property Resilience Can Improve Insurance Terms, but Premium Credits Remain Uneven
Resilience work can attract insurance capacity and improve terms, but only 26% of surveyed organizations said insurers recognized their adaptation efforts.
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.
Data Center Expansion Raises D&O Disclosure and Oversight Risks
Data center projects face shifting rules, power constraints and rising costs, putting board oversight and investor disclosures under pressure.