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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

  • 1,031articles · 30d
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  • Aug 17, 2026earliest in window
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News


insurancebusinessmag.com > us > news > technology > why-one-it-consultancy-thinks-ai-insurance-stays-a-niche-through-2028-589556.aspx

Why one IT consultancy thinks AI insurance stays a niche through 2028

18+ hour, 36+ min ago   (280+ words) ScienceSoft, a McKinney, Texas-based IT consulting and software development firm, has published research projecting that by 2028, 60% to 80% of new policies and renewals in errors and omissions, directors and officers, employment practices liability, and cyber insurance will factor AI risk into…...


insurancebusinessmag.com > us > news > breaking-news > connecticut-cuts-2027-health-rate-hikes-increases-still-in-double-digits-589555.aspx

Connecticut cuts 2027 health rate hikes, increases still in double digits

18+ hour, 45+ min ago   (448+ words) The Connecticut Insurance Department has finalized 2027 rate decisions for fully insured individual and small group health plans, approving an average 11.3% increase in the individual market and 15.1% in the small group market. Both figures came in below what insurers originally requested,…...


insurancebusinessmag.com > us > news > benefits > preventive-care-benefits-can-cut-highcost-claimants-in-half-exec-says-587722.aspx

Preventive care benefits can cut high-cost claimants in half, exec says

4+ day, 7+ hour ago   (924+ words) Rising employer healthcare costs are sharpening the business case for preventive care and the numbers are stark. "We've looked at our own populations through claims analyses, and we see when you keep people healthy, you can avoid them progressing into…...


insurancebusinessmag.com > us > news > benefits > elevance-holds-loss-ratio-guidance-above-90-as-fall-renewals-near-589338.aspx

Elevance holds loss ratio guidance above 90% as fall renewals near

4+ day, 9+ hour ago   (405+ words) Insurance Business Elevance holds loss ratio guidance above 90% as fall renewals near The carrier's benefit expense ratio reaffirmation signals claims are tracking at the high end of expectations Elevance Health has told investors it is holding its full-year 2026 benefit expense…...


insurancebusinessmag.com > nz > news > cyber > ransomware-group-claims-cyberattack-on-dunedin-clinical-trial-company-589334.aspx

Ransomware group claims cyberattack on Dunedin clinical trial company

4+ day, 2+ hour ago   (568+ words) A ransomware group has claimed responsibility for a cyberattack on a Dunedin clinical trial company, with large volumes of sensitive health data feared stolen and Health Minister Simeon Brown receiving regular updates on the breach. Health New Zealand (Health NZ)…...


insurancebusinessmag.com > us > news > benefits > one-in-three-employer-compensation-dollars-now-goes-to-benefits-589332.aspx

One in three employer compensation dollars now goes to benefits

4+ day, 11+ hour ago   (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...


insurancebusinessmag.com > ca > news > professional-liability > digital-health-ai-adoption-is-outpacing-the-policies-covering-it-589318.aspx

Digital health AI adoption is outpacing the policies covering it

4+ day, 13+ hour ago   (329+ words) Digital health companies are integrating AI faster than the insurance market has worked out how to cover it. Beazley's 2026 Digital Health & Wellness report puts that gap at the centre of its findings. The survey of 600 executives across Europe, North America,…...


insurancebusinessmag.com > ca > news > auto-motor > carefirst-savings-bigger-than-expected-airb-confirms-589266.aspx

Care-First savings bigger than expected, AIRB confirms

4+ day, 18+ hour ago   (536+ words) Alberta drivers are projected to save roughly $297 annually, or 13.7%, under the province's incoming Care-First auto insurance system, according to two new reports from the Automobile Insurance Rate Board. That's a meaningfully larger figure than the $259 average savings Oliver Wyman's actuarial…...


insurancebusinessmag.com > uk > news > technology > only-1-in-4-insurers-are-scaling-ai-beyond-pilot-projects--accenture-589259.aspx

Only 1 in 4 insurers are scaling AI beyond pilot projects — Accenture

4+ day, 14+ hour ago   (335+ words) Most insurers are using AI to improve today's performance, but fewer than one in four are scaling it to reinvent their future business, according to new Accenture research. The report, How Insurers Drive Revenue by Deploying AI with Intent, found…...


insurancebusinessmag.com > us > news > risk-compliance-legal > usi-insurance-employees-sue-over-voluntary-benefit-commission-selfdealing-589234.aspx

USI Insurance employees sue over voluntary benefit commission???self-dealing???

5+ day, 8+ min ago   (167+ words) Seven employees say USI Insurance ran their benefits plan and brokered it too, collecting millions in commissions their premiums paid for. The claim sits at the heart of a proposed class action filed on September 8, 2026 in the US District Court…...