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Latest News
Is the Cyber Insurance Market Broken?
A federal report warns the cyber insurance market faces structural limits and calls for a U.S. cyber reinsurance backstop to address systemic risk.
New ACORD Coalition Formed To Focus on Advancing Insurance Data Standards to Help Agents & Brokers
ACORD partners with AUGIE, CIAB, CSIO, IIABA/ACT, PIA, and WSIA to advance digital communication and data standards for P&C agents and brokers.
3rd Look 2026: Market Share Report for MA Commercial Auto Insurers
CAR data shows Massachusetts commercial auto premiums and market share through Feb. 2026, with top 10 carriers controlling 75.4% of the market.
3rd Look 2026: Market Share Report for MA Auto Insurance Marketplace
CAR data shows Massachusetts auto insurance market share trends through Feb. 2026, with top 10 carriers controlling 86.45% of the market.
State Insurance Regulators Issue New Nationwide Homeowners Market Data Call
NAIC launches nationwide homeowners data call capturing ZIP-level data on premiums, claims, coverage, and mitigation from 2018–2025 policy years.
Liberty Mutual Posts $2 Billion Quarter as It Shifts from Defense to Growth
Liberty Mutual reports $2.05B Q1 2026 net income as catastrophe losses fall sharply, enabling a shift toward growth and increased advertising.
$14.3M Q1 Loss For Safety: Back-To-Back Storms’ 1600 Claims Cost $42.7M
Despite weather losses that pushed the combined ratio to 113.4%, Safety maintains its dividend and continues rate increases across all primary lines of business.
Insurance Coverage Cases
Court Rules: ‘Regardless of Whether’ In Exclusion Creates Ambiguity
A Massachusetts Federal court finds insurer must defend Vineyard hangar operator after $1.45M propeller damage claim.
When Limited Market Access Meets Surplus Lines: An E&O Problem
Massachusetts producers face E&O risk when surplus lines placements lack documented diligent effort. A breakdown of BR-7, §168, and defensible file practices.
Insurance Fraud
Texas Agency Agrees To Pay $5 Million In Restitution and Costs
A Texas-based health agency barred from Massachusetts and will pay $5M over three years for misleading consumers on health insurance coverage .
Verisk AI Study Finds Many Would Alter Image For Insurance Claim
A Verisk study finds AI-driven insurance fraud is increasing, with more consumers willing to manipulate claims and insurers struggling to detect altered documents and deepfakes.
Ratings & Results
Liberty Mutual Posts $2 Billion Quarter as It Shifts from Defense to Growth
$14.3M Q1 Loss For Safety: Back-To-Back Storms’ 1600 Claims Cost $42.7M
Record Q1 Results: The Hanover’s Combined Ratio Improves to 91.7%
Vermont Mutual Annual Meeting Shows Strong Results
US Property/Casualty Rating Affirmations Rose in 2025
Liberty Mutual Reports $6.8 Billion in 2025 Net Income as Combined Ratio Improves
Economic & Legislative News in Massachusetts
Property Owners Say Costs Outpacing Proposed Rent Caps
Massachusetts rent control debate heats up as Nov. 2026 ballot approaches, with small property owners and housing advocates at odds.
Report: Island Real Estate Fees Would Have ‘Minimal’ Impact on Prices
Transfer fee bills remain in committee as lawmakers mull additional responses to affordability crisis
Key Senator Says State Lacks Power Capacity for Data Center Expansion
Massachusetts lawmakers debate AI data center growth, citing energy limits, water use, and climate risks as communities push back on development.
As Penny is Phased Out, Retailers Get Rounding Guidance
Massachusetts regulators clarify legal rules for rounding cash transactions as pennies disappear, including sales tax treatment and consumer protections.
AI Pace Raises Risk, Reward, Regulation Questions
Mass. officials discuss AI regulation, workforce risks, and a “walled-off” enterprise ChatGPT system as lawmakers weigh guardrails and adoption challenges.
Healey Wants Speed Framework to Regulate E-bikes, Scooters
Gov. Healey proposes first-in-the-nation speed-based framework to regulate e-bikes, scooters, and mopeds, enhancing safety and accountability.
Company Newswire
Patriot Growth Insurance Services Refreshes Brand Identity
Patriot Growth Insurance Services debuts a new brand identity, highlighting its national platform, agency connections, and continued expansion.
‘Officially Amazing’: FM Earns a Guinness World Records Title for Largest Display of Fire Sprinklers
FM Global earns Guinness World Record for the world’s largest fire sprinkler display at its Rhode Island Research Campus, highlighting fire protection legacy.
American Family Insurance Launches New Branded Reality Series “Designed to Last”
American Family Insurance debuts “Designed To Last,” a Hulu reality competition exploring home resilience against extreme environmental hazards.
Progressive Insurance® Expands UpPayment® to Help 200 First-Time Homebuyers Get Into a Home
Progressive’s UpPayment program offers up to $13,500 in down payment assistance to help first-time homebuyers overcome barriers and secure a home.
