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News
SPECTRA Launches AI Risk Framework Focused on Insurability - ProgramBusiness | Where insurance industry clicks
4+ day, 1+ hour ago (422+ words) Published on September 10, 2026 SPECTRA has launched an AI risk framework designed to provide managed service providers, small- and mid-market businesses, and insurers with a common standard for managing risks associated with AI deployment. The framework includes 20 AI deployment controls across…...
U.S. P/C Industry Nearly Triples Underwriting Income in First Half of 2026 - ProgramBusiness | Where insurance industry clicks
5+ day, 1+ hour ago (369+ words) Published on September 9, 2026 The U.S. property/casualty insurance industry reported $31.2 billion in net underwriting income during the first half of 2026, nearly three times the $10.9 billion recorded during the same period in 2025, according to a new AM Best report. The preliminary results…...
Reinsurers Post 19.9% ROE as Global Dedicated Capital Reaches $688 Billion - ProgramBusiness | Where insurance industry clicks
1+ week, 5+ day ago (371+ words) Published on September 2, 2026 Reinsurers delivered another strong performance in the first half of 2026, while global reinsurance dedicated capital reached a record $688 billion, according to Gallagher Re’s Reinsurance Market Report for the first half of 2026. The report analyzes trends in reinsurance…...
AI Maturity Rises Across Insurance as Allianz Takes Top Spot - ProgramBusiness | Where insurance industry clicks
1+ week, 5+ day ago (423+ words) Artificial intelligence maturity increased across nearly the entire insurance sector over the past year, according to the June 2026 Evident AI Index Insurance report. The study benchmarks 30 insurers across four areas: talent, innovation, leadership, and transparency. Of the 30 insurers assessed, 29 increased…...
JD Power Study Finds 29% of Auto and Home Insurance Customers Use AI - ProgramBusiness | Where insurance industry clicks
1+ week, 6+ day ago (470+ words) Published on September 1, 2026 Artificial intelligence is playing a role in how auto and home insurance customers research coverage, manage accounts and shop for policies, according to the inaugural JD Power U.S. AI Insurance Experience Study. The study found that 29% of auto…...
Aon Nears Roughly $17 Billion Deal to Acquire USI Insurance - ProgramBusiness | Where insurance industry clicks
2+ week, 1+ hour ago (440+ words) Published on August 31, 2026 Aon is nearing an agreement to acquire USI Insurance from private equity firm KKR for roughly $17 billion, including debt, according to people familiar with the matter. The deal could be announced as soon as Monday, assuming it…...
Aon to Launch Totalis Specialty Group in 2027 - ProgramBusiness | Where insurance industry clicks
2+ week, 5+ day ago (366+ words) Published on August 26, 2026 Aon plc will launch Totalis Specialty Group on Jan. 1, 2027, combining NFP Totalis Program Underwriters and Aon Affinity’s U.S. programs business under one strategy and identity. The specialty insurance group will represent more than $5.5 billion in U.S. premium…...
Survey Finds Home and Auto Policyholders May Be Going More Than a Year Without Coverage Changes - ProgramBusiness | Where insurance industry clicks
2+ week, 6+ day ago (510+ words) A new VIU by HUB survey found that 41% of home and auto policyholders have not changed their insurance coverage in more than a year. Another 20% said they have not made a change since purchasing their policy. Published on August 25, 2026 The…...
Amwins Names Lee Spurrier to Lead Trade Credit Expansion - ProgramBusiness | Where insurance industry clicks
3+ week, 1+ hour ago (299+ words) Published on August 24, 2026 Amwins has named Lee Spurrier to lead the development of trade credit capabilities across Amwins Program Underwriters, part of Amwins Underwriting. Spurrier brings more than 25 years of trade credit insurance experience to the role. In that position,…...
Insurance Organizations Increase Automation Investment as AI Agent Use Expands - ProgramBusiness | Where insurance industry clicks
3+ week, 3+ day ago (381+ words) Published on August 21, 2026 Insurance organizations are increasing their investment in automation as they address pressure on loss and expense ratios, complex commercial risks, and growing demands on claims and underwriting operations. According to a Camunda-commissioned survey, 97% of insurance organizations reported…...