Industry News
Gallagher: Securities Class-Action Settlement Dollars Up $48% in H1
For the first half of 2026, when it comes to securities class actions, the plaintiffs bar is winning, according to Gallagher. In a new report on the lawsuits targeting directors and officers, ...
AIG Starts Parametric Cloud Outage Solution
American International Group (AIG) said it launched a new Parametric Cloud Outage Solution, providing clients an additional layer of cyber insurance protection to help them recover faster from ...
Gen Z Drivers Most Likely to Drive Uninsured: TransUnion
Nearly one-third of Gen Z drivers (30%) admitted having owned or driven an uninsured vehicle over the past six months, making them the most likely generation to own or drive a vehicle without ...
Thoma Bravo to Take Accelerant Private in $4 Billion Deal
Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace platform private in an all-cash deal worth more than $4 billion, just over a year after its New ...
Homeowners Insurance Market Reaches ‘Fragmented Phase,’ Says S&P GMI
New research from S&P Global Market Intelligence looks to suggest that homeowners insurers are reaching rate adequacy, but certain marketplace factors are creating what it called a "fragmented ...
AI Data Center Boom Is ‘Maxing Out’ P/C Insurers, AIG CEO Says
American International Group Inc. Chief Executive Officer Eric Andersen said that while the artificial intelligence buildout presents a "great opportunity" for the insurance industry, it's also ...
After Drop Last Year, Car Insurance Rates Climb: Insurify
After a 6% drop in 2025, car insurance rates are projected to climb back in more than half the nation, with 27 states posting increases in the first half of 2026, according to Insurify's 2026 ...
Renewal Changes for Most Commercial Lines Decrease in July and Q2, Says Ivans
Year over year, average U.S. commercial premium renewals for July increased in all lines except workers compensation, according to the Ivans Index. However, month over month, commercial auto, ...