insurers

Lawmakers from both parties are converging on pharmacy benefit managers as a rare point of bipartisan agreement. The middlemen who negotiate drug prices between manufacturers and insurers are facing growing scrutiny in Congress over their role in high medication costs, with proposals to increase transparency and reform their pricing practices gaining traction across the political divide.

Analysts surveyed by the Financial Times expect insurance premiums to increase again in 2026, continuing the upward trend in pricing across the sector. The outlook points to further cost pressure for households and businesses, with forecasters citing ongoing claims inflation and market conditions as reasons rates are unlikely to ease next year.

Prime Minister Anthony Albanese has revealed that OpenAI breached Medicare, according to the Sydney Morning Herald. The claim suggests a data or security incident involving the US artificial intelligence company and Australia's public health insurance system. No further details are available about the nature, scale or consequences of the reported breach, and it is not yet clear what OpenAI has said in response.

A Bloomberg opinion piece argues that universal public health insurance is the answer to the United States' ongoing healthcare crisis. The article contends that millions of Americans face unaffordable care and gaps in coverage, and that a publicly funded universal system would address these failures. The argument feeds into a long-running American debate over single-payer healthcare versus the current mixed public-private model.

A new study puts the annual cost of owning a new car at $12,863, covering expenses such as fuel, insurance, maintenance and depreciation. The analysis also breaks down which vehicle types are cheaper to run, drawing attention to wide cost differences between models at a time when drivers are feeling squeezed by rising prices.

Institutional investors raised $190bn for private credit funds, a 53% jump, even as retail-facing private credit products face turmoil and redemptions. The figures suggest large allocators such as pension funds and insurers are leaning further into direct lending and credit strategies, even as retail channels come under strain. Commenters in asset management circles are weighing what the divergence means for the market's next phase.

A new study finds that insurers' own rebuild cost estimates are the main driver of underinsurance, meaning many policyholders are left with cover that falls short of actual rebuilding costs. The finding points blame away from consumers and toward the valuation methods insurers themselves use to set sums insured.

Hail is costing the United States billions of dollars a year in damage to roofs, crops, cars and infrastructure, and scientists warn the problem could intensify as climate change alters storm patterns. Hailstorms are among the costliest weather events, and insurers and homeowners are increasingly exposed. Discussion centres on why hailstorms may be growing more destructive and how communities can prepare.

Ad-tech firm 33Across has relaunched as WealthStage, an advertising platform aimed at banks, trading apps, lenders, brokers and insurers. The company says its AI engine scores household wealth to help financial brands target customers, citing projections that $124 trillion in wealth will change hands by 2048. Industry watchers are questioning which data feeds the engine and what operations remain under the 33Across name.

The Wall Street Journal profiles Mark Walter, the financier who transformed a dull insurance business into a major lender willing to take on significant risk. The piece examines the strategy behind the shift, the growth it produced, and what the company's aggressive lending approach means for the broader financial sector as investors and analysts weigh the implications.

A Lisbon-based startup is building insurance products for AI agents, aiming to cover the risks that arise when autonomous software acts on behalf of businesses. The company is positioning itself at the intersection of the AI boom and the growing need for liability protection as companies deploy agents in real-world operations.

North Dakota's Insurance Commissioner has ordered an artificial intelligence company to cease doing business in the state. The order was announced via local news in North Dakota. Details about the company's identity, the specific violations, or the reasons behind the directive have not been disclosed in the available reporting. The case highlights growing regulatory scrutiny of AI firms by state insurance regulators.

Humanos, a Lisbon-based startup, has raised $3.2 million in funding to build tools that score the risk of AI agents and provide insurance against their failures. The company aims to address growing concerns about accountability and liability as businesses increasingly deploy autonomous AI agents in critical operations.

Canada has updated its travel advisory for the United States, and insurance specialists point out it carries a coverage trigger most travellers don't know exists. Travellers may be unaware that their travel insurance terms can be affected by a government advisory change, potentially leaving trips to the US with gaps in protection.

Investment firm William Blair has appointed a new managing director focused on the insurance and financial services sectors. The move signals the firm's continued investment in its advisory capabilities in these industries, expanding its coverage as dealmaking and client demand in insurance and financial services remain active.

Relation Insurance Services has acquired LaPlaca Insurance, an agency based in Philadelphia, as part of a push to expand its presence in the city and surrounding market. The deal adds LaPlaca's book of business and local client relationships to Relation's growing national brokerage network. Terms of the acquisition were not disclosed in early coverage.