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The potential for artificial intelligence to transform underwriting workflows has caught up to the surety bonding industry. But it has also led to concerns about job security as a new survey by Lance Surety Bonds found 41% of surety professionals are worried about roles being replaced.
“It’s really a...
04/12/2026 04:54 AM
What You Need To Know
The National Association of Insurance Commissioners (NAIC) has expanded its AI Systems Evaluation Tool pilot program, adding California. The pilot is designed to test regulatory approaches for assessing insurers’ use of AI and machine learning.
The pilot will run from March to Se...
04/11/2026 11:06 PM
As artificial intelligence reshapes the global economy, insurers face a fundamental shift in how risk is created, measured, and transferred. Speaking at an event hosted by MS Re during Miami Reinsurance Week, futurist Amy Webb outlined why the next decade will demand a new approach to risk.
The sessi...
03/30/2026 01:17 PM
Gallagher's Risk Placement Services division has acquired S Philips Surety & Insurance Services.
The deal expands Gallagher's U.S. wholesale brokerage and programs business.
The acquisition strengthens NYSE:AJG's presence in the surety and specialty insurance distribution segment.
For NYSE:AJG, who...
03/27/2026 02:29 PM
An insurer has prevailed over a surety in a first-of-its-kind $3.9 million fight over arbitration defense costs.
The ruling, handed down on March 24, 2026, by Judge Theresa L. Springmann of the United States District Court for the Northern District of Indiana, resolved a question that neither party -...
03/27/2026 02:25 PM