Happy Wednesday! In this week’s Big I Buzz: a look at why AI has surged to the second-largest global business risk, plus key insights families should know about insuring teen drivers.

AI Jumps to Second Place in Top Business Risks

Cyber incidents remain the top global business risk for 2026 for the fifth consecutive year, according to the Allianz Risk Barometer. Cyber risk was cited by 42% of respondents (up from 38% last year) and ranked as the leading concern across companies of all sizes.

Artificial intelligence made a significant leap, rising to second place after being cited by 32% of respondents, up from just 10% last year when it first entered the top 10. Risks tied to AI include implementation challenges, liability concerns, and the spread of misinformation and disinformation. Both cyber and AI now rank among the top five risks across nearly every industry sector. Read more here.

5 Things to Know About Insuring Teen Drivers

Insuring new, young drivers has always been costly, but in 2025, rising premiums have made coverage increasingly challenging for many families. According to The Zebra, the average annual cost to insure a 16-year-old driver exceeds $7,600. Premiums average $6,723 for 17-year-olds, $6,341 for 18-year-olds, and $5,620 for 19-year-olds.

In this article, PropertyCasualty360 outlines five important considerations for parents insuring teen drivers, from why teen boys typically cost more to insure than girls, to how location and vehicle choice can significantly impact rates. Read more here.

For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to join our emailing list.