Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Enshittification of Private Insurance
One of the more prescient books of our still-young century was Jacob Hacker's The Great Risk Shift (2008), which explained how government and business were conspiring to eliminate various protections that in the past helped cushion the middle class…
Oil price moves higher as insurers hold back FTSE
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The FTSE 100 closed lower on Tuesday with gains in oil…
Korea Insurance Institute's AI joint venture draws industry scrutiny
An artificial intelligence (AI) joint venture pushed by the Korea Insurance Institute has drawn criticism from insurance industry officials, with questions raised over its legality and business rationale, according to officials, Wednesday. Since Ha…
Australia sets 'world-leading' minimum pay and insurance rules for gig delivery workers
Australia's industrial umpire has approved new minimum standards requiring food and grocery delivery workers to be paid hourly rates above the national minimum wage and covered by injury insurance while on the job. SCROLL TO CONTINUE WITH CONTENT…
Health insurers seeking to raise premiums on New Yorkers again
Some New Yorkers are shocked as they receive notice that their health insurers want to raise premiums again. Twelve companies have filed requests with the State Department of Financial Services (DFS) to charge customers who buy their own health…
Oil price moves higher as insurers hold back FTSE
The FTSE 100 closed lower on Tuesday with gains in oil stocks, amid ongoing uncertainty in the Middle East, offset by caution ahead of US inflation data and weak insurers. The FTSE 100 index closed down 18.31 points, 0.2%, at 10,844.19. The FTSE…
California FAIR Plan policyholders to pay more while insurers are incentivized to re-issue policies in the state
The hundreds of thousands of homeowners who are now getting their insurance through the California FAIR (Fair Access to Insurance Requirements) Plan will soon be paying even more. The state is announcing an average increase of almost 30% for those…
Health insurers access full medical records in 'aggressive' audits
Private health insurers are potentially seeking too much access to patients' confidential medical information, through what has been described by the Australian Private Hospitals Association as 'aggressive' audit practices. Permission to access…
Nearly two-thirds of Texans can't afford a typical home after insurance costs
The rising cost of homeowners insurance has become one of the biggest threats to housing affordability in Texas, with a new study finding that almost two-thirds of households in the state are unable to purchase the median-priced home in their…
Christian Motorist Denied Insurance Coverage Due to 'Jesus Loves You' Message
A driver in Birmingham, England, was denied car insurance unless he removed a homemade 'Jesus loves you' message from his vehicle. Simeon Chandra, 35, is now considering legal action against the UK insurance company that declined to renew his…
Federal Council Wants to Cap Salaries of Health Insurance Executives
The Federal Council supports a cap on compensation for health insurance executives proposed by the relevant parliamentary committees. (File photo) The Federal Council intends to set maximum compensation limits for executives of health insurance…
Federal Council Wants to Cap Salaries of Top Health Insurance Executives
Top executives at health insurance companies could have capped salaries in the future. How much should top executives at health insurance companies be allowed to earn? The Federal Council supports a statutory cap on compensation for members of…
AI Data Center Boom Is 'Maxing Out' P&C Insurers, AIG CEO Says
American International Group Inc. Chief Executive Officer Eric Andersen said that while the artificial intelligence buildout presents a “great opportunity” for the insurance industry, it's also pushing property and casualty providers…
Australia Sets New Minimum Pay, Insurance Rules for Gig Workers
Australia's Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules, delivery workers will…
DogPack and Healthy Paws Partner to Bring Pet Insurance into the DogPack Platform
The new integration brings seamless access to pet insurance directly into the DogPack platform, helping pet owners protect their dogs with ease MONTREAL, Aug. 11, 2026 /CNW/ -- DogPack, the leading global platform connecting dog owners through…
Receive a Daily briefing on Insurance Industry News
Get Started