Travelers Builds TravelersLLM In-House as Combined Ratio Hits 88.6%
TravelersLLM protects Travelers' underwriting data in-house, layering Claude on top -- and its 88.6% combined ratio shows AI spend isn't hurting margins.
Line of Business
Property & Casualty
APRA Reboots Its National Claims Database, Splitting Out Cyber and D&O
APRA National Claims and Policies Database overhaul splits cyber and D&O into new categories, keeping confidentiality safeguards intact.
EIOPA Reworks Insurers’ EU Taxonomy KPIs With a New Green Insured Metric
EIOPA's EU Taxonomy insurance disclosures overhaul adds a Green Insured KPI, narrows underwriting metrics, and drops gas/nuclear splits.
Dominican Republic Secures the Caribbean’s First Sovereign Parametric Cover
Parametric insurance reaches household level in the Caribbean as the Dominican Republic hard-wires automatic climate payouts into Supérate, its national conditional cash-transfer programme.
US House Extends TRIA Terrorism Reinsurance Backstop Through 2034
TRIA terrorism reinsurance backstop extended through 2034 as the US House votes 373–15 for H.R. 7128, raising the 2029 event-certification threshold and codifying a…
ProAssurance Acquisition Closed at $1.3bn: The Doctors Company Becomes MPL’s Dominant Force
ProAssurance acquisition closed June 26 as The Doctors Company paid $25/share ($1.3bn all-cash), creating the US MPL market's dominant carrier with $12bn assets and…
Lemonade Lands $250m Hannover Re Facility to Fund Growth Spend
Lemonade Hannover Re financing: Hannover Re's $250m growth facility replaces General Catalyst as Lemonade approaches EBITDA breakeven in 2027.
North Carolina Bans Third-Party Litigation Funding in US First
Third-party litigation funding is now illegal in North Carolina. HB 315, signed June 22, 2026, makes NC the first US state to ban TPLF…
EIOPA Financial Stability Report June 2026: Resilience Numbers Hide Liquidity Fault Lines
EIOPA Financial Stability Report June 2026 confirms record SCR ratios but warns on liquidity gaps, private credit concentration and EUR 5.8bn Middle East exposure.
NAIC Oracle PeopleSoft Zero-Day: ShinyHunters’ Claims vs. What Regulators Confirmed
NAIC confirmed a June 11 Oracle PeopleSoft zero-day intrusion by ShinyHunters — filing systems survived, but rating feeds and investment designations were suspended.