A new report from industry professionals warns that insurance companies are restricting coverage and downplaying climate risks to maintain short-term profitability.
A Quebec court has ordered Tesla Canada to pay CAD 161,700 to an insurer after a 2020 Model X caught fire due to a dashboard electrical failure.
AlfaStrakhovanie reports that 90% of cyber insurance claims between 2025 and 2026 involved system encryption, leading to significant operational downtime and recovery costs for businesses.
Bitrix24 has launched a pre-configured digital workspace for the insurance industry, automating deal lifecycles and compliance checks through integrated smart processes.
Bermuda-based Bitcoin life insurer Meanwhile has raised $37.5 million in a new funding round, bringing its total capital raised to over $180 million.
Bitcoin-focused life insurer Meanwhile has raised $37.5 million in a funding round led by Bain Capital Crypto, bringing its total capital raised to over $180 million.
SberLife Insurance will launch an AI investment advisor avatar in November 2026 to provide market analytics for its ISZh 2.0 insurance products.
AlfaStrakhovanie has launched a free cyber risk assessment service for businesses, developed in partnership with Cicada8 to provide security recommendations and insurance offers.
The Nalety.rf platform has introduced an insurance calculator for drones, enabling users to compare civil liability and hull insurance offers from various providers.
Sintegro Consulting has updated its Indikator software to automate risk calculations in compliance with new Bank of Russia regulations.
Firelight has launched its onchain protection protocol for DeFi vaults, securing $8 million in funding to provide automated coverage for assets on the Flare Network.
DeFi protocol Firelight has introduced an insurance service backed by 50.2 million staked XRP on the Flare network, with an aggregate cap of $115 million.
Insurance experts warn that CEOs of leading AI firms could face personal liability for the actions of their autonomous models, potentially triggering claims under directors and officers insurance.
Major AI developers like OpenAI, Google, and Anthropic remain uninsured against catastrophic risks, forcing companies to rely on self-insurance and investor capital.
Consumers report unauthorized insurance charges after scanning QR codes at public charging stations and other service points.
Liberate reports that its AI agents have saved insurers over 100 million minutes of manual work, helping firms achieve significant cost reductions and operational efficiency.
Gazinformservice and SberStrakhovanie have announced a partnership to collaborate on cyber insurance development and risk management strategies.
Charter Space has raised $5 million in seed funding to scale its AI-powered insurance brokerage for the space industry, bringing its total financing to $8 million.
Charter Space has raised $5 million in a seed round to expand its insurance brokerage business for the space and defense industries.
US insurers report that AI-powered medical coding tools have increased hospital billing costs by $942 million, sparking a dispute with hospital associations over patient care documentation.
