Maritime Risk & War-Risk Insurance: War-risk premiums for shipping jumped again as attacks between the US and Iran intensified, with rates swinging from 3% to 10% of hull value and raising costs for operators and insurers. Chokepoint Watch: Analysts are also flagging Iran’s growing influence around the Bab el-Mandeb as a potential new flashpoint for global trade, adding another pressure point for marine risk pricing. Health Coverage Costs (GLP-1): CVS Health CEO David Joyner said private insurers won’t broadly cover GLP-1 weight-loss drugs until drug prices drop, keeping affordability and access front and center for insurers and employers. Class Action (Annuities): A California federal judge certified a class action over alleged undisclosed in-plan annuity rider fees, narrowing claims to specific purchasers and potentially reshaping disclosure and pricing practices. Fraud Enforcement: South Carolina authorities charged a man for presenting false insurance claims to multiple carriers across counties, underscoring ongoing claims scrutiny. Flood & Disaster Insurance: Canada’s insurers renewed calls for flood-protection investment after June storms drove $1.1B+ in insured damage, highlighting the link between climate risk and affordability. Auto Insurance Compliance: Portugal’s transport minister announced a one-month grace period with no e-challans for insurance violations, while enforcement resumes after the deadline. Workforce & Claims Education: A flood help seminar in Saskatchewan brought together disaster and crop insurance agencies to guide residents through paperwork and claim status checks.