USAA’s $500M Florida Dividend: How Tort Reform Unlocked a Mutual’s Biggest Payout
USAA distributes $500M to ~830,000 Florida auto policyholders, completing nearly $1B in member returns since December 2025. A deep look at how HB 837…
Line of Business
Property & Casualty
Colorado’s SB26-155 Bets on Hail Mitigation Grants to Break a Decade of Homeowners Insurance Losses
Colorado signed SB26-155 establishing a hail-mitigation grant enterprise funded by a 0.5% insurer fee — targeting the physical cause of $5B+ in decade-long losses…
Allianz in Advanced Talks to Acquire Portugal’s Caravela Seguros in Pan-European Push
Allianz is in advanced talks to acquire Portugal's Caravela Seguros at ~€150M, its third Southern European bolt-on in three years, as the 218% Solvency…
FCA Opens Second Motor Finance CMC Probe as Consultation Claims Ltd Faces Enforcement
FCA opens enforcement investigation into Liverpool-based CCL over consent fraud in motor finance claims — the second CMC targeted in six months as the…
CEA’s $425M Sutter Re 2026-1 Cat Bond Prices at Record-Low Spreads, Marking a Structural Shift in California Earthquake Finance
California Earthquake Authority prices $425M Sutter Re 2026-1 at record-low spreads — its 24th cat bond — as ILS capital reaches a record 36%…
Illinois Gives Its Insurance Department Rate Veto Power, Joining New York in Reshaping US Personal Lines Oversight
Illinois gives IDOI rate-veto authority over auto and homeowners for the first time, passing HB 4273 and SB 714 to take effect July 2027…
Allianz Trade Puts a $131 Billion Price Tag on Germany’s Extreme-Heat Risk Through 2030
Allianz Trade's stress model puts $131B in German GDP losses on extreme heat through 2030 — with only 23% of EU climate losses insured,…
Moody’s Maps a $375 Billion Uninsured US Flood Gap Ahead of 2026 Hurricane Season
Moody's quantifies $375 billion in uninsured US residential flood exposure in a 1-in-100-year event — 65% concentrated in 11 states, growing to $472B by…
Palomar Expands Earthquake Reinsurance Tower to $3.92B at June 2026 Renewal
Palomar Holdings expanded its earthquake reinsurance limit by $421M to $3.92 billion at the June 2026 renewal, with 31% backed by ILS cat bonds,…
Fitch Flags Mexico as LATAM’s Only ‘Deteriorating’ Insurance Market in 2026
Fitch's 2026 LATAM outlook singles out Mexico as the region's only "deteriorating" insurance market: the January 2026 VAT credit elimination pushes combined ratios above…