On August 7, 2025, the U.S. Departments of Labor, Health and Human Services (HHS), and the Treasury announced they are reconsidering the regulatory definition of short-term, limited-duration insurance (STLDI) through a formal notice-and-comment rulemaking process.
Author: Maria Valdez Haubrich
Atmospheric Rivers Decrease on West Coast, Intensify in Eastern U.S., Study Finds
Researchers have found that wintertime atmospheric rivers are becoming more frequent and intense in the Eastern United States while declining in frequency over the West Coast.
Longtime Insurance Leader Kevin H. Kelley Passes Away
Kevin H. Kelley, a respected figure in the insurance industry and retired vice chairman of Liberty Mutual’s Global Risk Solutions business, has passed away.
InsurTech Funding Surpasses $60B, AI Investment Dominates
The global InsurTech sector has reached a new funding milestone, with more than $60 billion raised and invested since 2012, according to Gallagher Re’s latest Global InsurTech Report.
OpenAI Launches GPT-5: Faster, Smarter, and More Humanlike
OpenAI has unveiled GPT-5, its newest flagship artificial intelligence model, describing it as a “major upgrade” over previous versions of the technology powering ChatGPT.
CheapInsurance.com Shares State-by-State Savings Tips for Back-to-School
As millions of American families prepare for the back-to-school season, parents of teen drivers are facing a hidden financial crisis: auto insurance premium increases averaging $3,252 annually.
Ascot and Antares Launch Wayfare Re
Ascot Group Limited and Antares Capital have entered into a strategic partnership to launch Wayfare Reinsurance Limited, a Bermuda-based casualty reinsurance sidecar.
Mercury Insurance Steps In to Support Safeco Customers and Agents in California
As Liberty Mutual adjusts its personal lines strategy in California, Mercury Insurance is partnering with the company to ensure that thousands of Safeco Insurance customers continue to have access to essential coverage.
Property Insurance Rates in the Gulf Begin to Ease After Years of Volatility
After several years marked by dramatic increases in property insurance costs across the Gulf region — particularly in Louisiana — businesses are beginning to see some relief.
Verisk Strengthens Residential Insurance Capabilities with $2.35 Billion Acquisition of AccuLynx
Verisk Analytics Inc. has announced a significant step in its strategy to deepen its role in the residential insurance space by acquiring AccuLynx, a leading software provider for roofing contractors, in an all-cash deal valued at $2.35 billion.