AI Governance & Liability: Willis says AI is already embedded across underwriting, claims and cyber defence, but adoption is outpacing AI governance, raising accountability and insurability questions. US Health Insurance Pricing: Washington insurers are seeking another average 22.4% rate hike for 2027 individual plans, with 280,000 people potentially affected. Illinois Auto & Home Oversight: Illinois lawmakers passed bills requiring earlier notice (30 days auto, 60 days home) for 10%+ rate increases and giving the Department of Insurance power to block excessive hikes and order refunds. Climate Risk Repricing: A report highlights insurers retreating from climate-exposed markets, with California’s FAIR Plan policy count and exposure surging as private carriers pull back. Insurtech Funding: Corgi raised $106m in a Series B1 valuing it at $2.6b, expanding AI-driven underwriting and claims for commercial customers. Lloyd’s Expansion: Convex received in-principle approval to launch Lloyd’s Syndicate 1987 for long-tail casualty, political risk and trade credit, underwriting from July 1. Digital Distribution: Newrez is integrating Matic into its HomeHub portal for real-time homeowners insurance comparisons and 24/7 quotes. Cyber/Finance Risk Watch: A Financial Stability Board report warns private credit opacity and bank links could create spillover risks during downturns. Product Coverage Update: CVS Caremark will cover Lilly’s Foundayo and resume Zepbound coverage by October, expanding weight-loss drug options.