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…
Region
North America
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…
Hub International Files Confidentially for US IPO at $29bn Valuation
Hub International IPO: the $29bn PE-backed broker files a confidential Form S-1, testing the stalled broker-IPO window amid a 5.5x leverage challenge.
AM Best: The US Cyber Insurance Market Has Split in Two
US cyber insurance market splits into surplus-lines and admitted sub-markets as the industry loss ratio hits 53.0% and pricing falls for eight straight quarters.
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…
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.
US Quantum Executive Orders Force Insurers to Confront Post-Quantum Cyber Risk
Post-quantum cyber risk is now US policy: two White House executive orders signed June 22 set 2030-2031 migration deadlines for federal systems — and…
NAIC AI Rules Now Cover Half of US States as EO 14365 Threatens Override
NAIC AI Model Bulletin now covers over half of US states. EO 14365 tasks a DOJ task force with challenging those laws. What US…
Moody’s $41 Trillion Climate Risk Bill: North America’s Protection Gap Demands a Structural Rethink
Climate physical risk now carries a $41.4 trillion price tag by 2050, per Moody's. North America's protection gap is structurally widening — here is…