Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Exclusive: Charter Space raises $5M to bring insurance to the stars
Charter Space, a finalist in last year's TechCrunch Startup Battlefield, has raised a $5 million seed round to keep growing its budding space insurance business. The El Segundo, California-based startup said Wednesday it's already servicing over 50…
Japan's health cost caps rise, widening gaps between insurers
Japan's health care system is often held up abroad as a model of universal coverage. But universal does not mean uniform: patients undergoing the same expensive treatment can pay very different amounts out-of-pocket depending on which insurer they…
Sun Life launches new insurance subsidiary in Bermuda
Sun Life announced on Tuesday the establishment of Sun Life Bermuda Limited, a new wholly owned insurance subsidiary that expands its Private Wealth capabilities in Bermuda to include participating life solutions, amid growing demand for…
How to Get the Best Term Insurance Plan at Low Premiums
A secure financial future of your family does not necessarily cost a lot. The belief that comprehensive life cover is costly is an assumption that many people have made, however, with the right mindset one can get term insurance plans that can…
Map shows where average home insurance costs more than $5,000 a year
Florida's property insurance market is finally improving after years of instability caused by excessive litigation, widespread fraud and an exodus of major carriers, but homeowners in the state are still paying the highest premiums in the nation…
New insurance scheme could save mine workers income in rainy seasons
The Ministry of Finance and Economic Planning (MINECOFIN) and the Rwanda Mines, Petroleum and Gas Board (RMB) are working on a proposed climate insurance scheme for mine and quarry workers that would 'pay out automatically when a climate event…
Axa XL to begin writing business through dedicated E&S insurer
Axa XL on Wednesday said it will begin writing business through its dedicated excess and surplus lines insurance company next year as it expands its U.S. wholesale operations. Axa XL Excess & Surplus Lines Insurance will begin underwriting new E&S…
Neutrinos launches Kamios to take enterprise AI from pilot to production in insurance and other regulated industries
Proven in insurance, where straight-through processing on new business rose from 2% to 35%, and now available to banks and financial services firms NEW YORK and SINGAPORE, Sept. 30, 2026 /CNW/ -- Neutrinos, the AI automation and orchestration…
Unions makes a case for rebates on health insurance
f64d4a21-d822-43ea-bb03-1adffe4be50b Created: Sep 29, 2026 05:35 PM (Updated: Sep 29, 2026 05:35 PM) BTUC hold a press conference on the cost of living (Photograph by Blaire Simmons) The Bermuda Trade Union Congress has called on the Government to…
Positive news for millions on car and home insurance prices next year
A win for millions of consumers has been announced as the 'Quinn levy' on home and motor insuranc e has been slashed. Customers will see a reduction in their premiums as the Central Bank said it is reducing the Insurance Compensation Fund levy from…
Texas insurance rule clarifies insurers can't deny coverage based only on roof age
Texas homeowners have new clarification on what insurance companies can and cannot consider when deciding whether to provide or renew a homeowners policy. The Texas Department of Insurance said insurance companies cannot deny or refuse to renew a…
Young drivers record biggest insurance savings say experts
The cost of comprehensive new business car insurance policies has remained stable over the past 12 months, according to data based on more than six million quotes. The average premium has also fallen by £22, standing 17% lower than it was…
Selling AI insurance was hard enough. Then they got into the cafe business
By Kevin V. Nguyen Business Reporter Stephen Curry's Dogpatch building was sitting empty after he abandoned his mixed-use project last year because of a fight with a local union. The Warriors superstar purchased the property at 600 20th St. for…
Newsom vetoes insurance-claim bills: Is it 'petty' politics?
This story was originally published by CalMatters. Sign up for their newsletters. Gov. Gavin Newsom vetoed two bills that would have helped improve the insurance-claims process for consumers but signed one that also addresses claims-related issues…
Broker's Call: ICICI Lombard General Insurance (Add)
‘We attended ICICI Lombard's ‘Digital Day 2026', where the senior management showcased the company's proprietary digital stack, cloud native digital architecture and AI-led operating flywheel. The transition — from viewing…
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