Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Bridging Insurance's Legacy Integration Gap
Sanchet Pachpute is CIO of New York Life Insurance Company, where he leads platform modernization for Institutional Annuities. Every large insurance carrier eventually reaches the same crossroads: The core systems that ran the business for 20 or 30…
Homeowners get flood insurance reprieve ahead of severe El Niño
Congress authorized an extension of the National Flood Insurance Program (NFIP), preventing it from lapsing and leaving millions of homeowners without flood coverage this winter, as the country expects to experience the strongest El Niño on…
Patient died by suicide after insurance delayed medication: report
A Texas man died by suicide in June after reportedly suffering delays in getting access to crucial medication. Kenney Blewett, of Kyle, Texas, was experiencing breathing issues caused by chronic obstructive pulmonary disease, KFF Health News…
5 Car Insurance Myths to Ignore
Full-coverage car insurance doesn't cover every situation. Newer cars aren't always more expensive to insure than older cars. Switching car insurers won't hurt your credit score, but it could save you money. You might have heard that red cars are…
Patient dies by suicide after 'insurance issue' delayed medicine for lung disease flare-ups
Kyle, Texas — Kenney Blewett was diagnosed with lung disease more than a decade ago but started experiencing flare-ups this year that made him feel like he couldn't breathe. Blewett described those flare-ups as 'the scariest thing in the…
Government has an insurance solution on its doorstep
Infrastructure damage: an aerial view of the storm-damaged causeway linking the International Airport to Hamilton, Bermuda, after Hurricane Fabian struck Bermuda in 2003 Every year, global insurers and pension funds entrust Bermuda with a core…
London remains the UK's most expensive area for car insurance
Drivers in London pay an average of £1,079 The cost of comprehensive new business car insurance policies has remained stable over the past year, according to data based on more than six million quotes. The average premium has also dropped by…
Abdul El-Sayed Continues to Lie About His Plans for Private Insurance
The other day, Democrat Abdul El-Sayed did a complete 180 on his Medicare for All plan. For years, El-Sayed has said he wanted to ban private insurance and force everyone onto a single-payer plan, where the government not only pays for your…
Insurers must cover Silicon Valley Bank's loss in loan fraud
A federal judge rejected an argument by units of Chubb and W. R. Berkley that an electronic document didn't count as an “original” in requiring the insurers to cover Silicon Valley Bank's losses on a $150 million credit line obtained…
Albertans are one month from Care-First auto insurance savings
New system will save drivers $300 on average, with young drivers set to save even more EDMONTON, AB, Oct. 2, 2026 /CNW/ -- Alberta drivers will get their first look at Care-First savings beginning November 1, as insurers issue renewal notices for…
Liberate's AI Agents Take Over the Insurance Night Shift
Liberate's AI agents have given insurers back more than 100 million minutes. The agents let customers buy coverage 24/7, and one insurer handled 14 times its usual claim volume during back-to-back hurricanes without adding staff. Branch cut claim…
Flood Insurance Gap Leaves Eastern Kentucky Exposed
Jennifer Campbell was among the survivors of the July 2022 flood in eastern Kentucky. The disaster underscores a national pattern: millions of American properties sit in flood-prone areas without the coverage that could help them recover, even as…
Sidharatha Mishra to take charge as ICICI Life Insurance Ltd's chief
ICICI Life Insurance Ltd's board on Friday appointed Sidharatha Mishra as an Additional Director and Managing Director & CEO, for five years. He currently heads the digital channels & partnerships, voice channel, customer service, NRI & IFIG groups…
Federal employees' health insurance premiums to rise by double digits for third straight year
Federal employees and retirees will pay an additional 10.9% on average toward their health insurance premiums in 2026, the third straight year of double-digit increases, according to the Office of Personnel Management. The government's share of…
Genikes Insurance supports Fire Service with supplies and equipment
Genikes Insurance on Friday announced that it has renewed its support for the Cyprus Fire Service this year by providing electrolytes, energy bars and operational equipment to help personnel during prolonged emergency operations. The company said…
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