Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
An insurance company bet on LSU to win big. Is it tied to Lane Kiffin's bonus?
On Aug. 13, an insurance company placed a series of enormous transactions on Kalshi predicting LSU to have an amazing season. In fact, if the Tigers win the national championship, those wagers will pay off to the tune of $3 million. Which just…
Travel insurance warning issued over 'medical screening
Expert advice has been issued for many Brits planning to go abroad. People with disabilities and long-term medical conditions are being warned to shop around for travel insurance as their health history can send premiums soaring. Having a medical…
Life Insurance Premium Growth Fuels Q2 Gains For U.S. Life Insurers
Sector-wide direct premiums and considerations of $268.92 billion in the second quarter represented a 2.0% increase from the year-earlier period as the sector bounced back from a modest retreat in the first quarter. Life insurance premium growth…
Nepal floods could cost insurers over $130 mln even before death, injury claims
The devastating flood in Nepal last week could result in commercial insurance losses exceeding 20 billion Nepali rupees ($132.3 million), with hydropower projects accounting for most claims, according to a top official at one of the country's…
I made my Man Utd debut with Marcus Rashford - now I'm selling insurance
A former Manchester United prospect who made his debut alongside Marcus Rashford now sells insurance for a living. Joe Riley started at left-back under Louis van Gaal 10 years ago against Danish side Midtjylland in the Europa League. The…
Tunisia's nonlife insurers' premiums grow 10%
Nonlife insurers in Tunisia recorded a 10% year-on-year increase in gross written premiums to 1.8 billion Tunisian dinar ($606 million) in the first half of 2026, according to the region's General Insurance Committee, Middle East Insurance Review…
Why Young Drivers Prefer Zero Dep Car Insurance Plans
Young drivers often face unique challenges on the road. Whether it is navigating busy city traffic or handling a new vehicle, the chance of minor dents, scratches and accidental damage can be higher during the initial years of driving. While a…
State officials to talk insurance on Sept. 9 in Mandeville
Louisiana Insurance Commissioner Tim Temple and state Sen. Kirk Talbot, chair of the Senate Insurance Committee, will give an update on the state's insurance market and discuss efforts underway to improve insurance availability and affordability at…
'Caught in a trap': The most expensive regions for insurance on Australia's east coast revealed
You have reached your maximum number of saved items. Remove items from your saved list to add more. Megan Vicary is among the growing ranks of Australians who do not carry full home insurance. The 52-year-old moved to her 10-hectare property in…
Marine insurers face $2B in Iran war claims
Claims for vessels damaged in the Iran war have reached roughly $2 billion across more than 70 filings since fighting broke out in the Middle East, according to David Osler, law and marine insurance editor at Lloyd's List, gCaptain reported.
How Tesco's new life insurance is helping families protect their future
Life is unpredictable, but your family's future doesn't have to be. A study† commissioned by Tesco Insurance found that almost one-third of UK adults would be forced to sell their family home if their partner died unexpectedly. That's why…
Ethniki Insurance becomes first Greek insurer to tap debt capital markets
Piraeus Bank SA announced this week that its wholly owned subsidiary, the Ethniki Hellenic General Insurance Company SA, has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200 million. The milestone…
China to expand health insurance coverage for innovative drugs
China will expand national health insurance coverage for innovative drugs used to treat cancer, chronic and rare diseases, and childhood illnesses, with the goal of easing the financial burden on patients and their families. Since 2018, China has…
I've just one condition before paying new insurance levy for climate chaos
Not all heroes were capes so the cliché goes. And in the week the world lost the battle to save itself from the worst impacts of climate collapse we could do with an unlikely one stepping up about now. Yesterday scientists at the United…
Major California home insurer plans to write new policies for first time since 2022
For the first time since 2022, Allstate Insurance could begin writing new home insurance policies in the state of California — with one condition. On Monday, the company submitted a filing to the California Department of Insurance indicating…
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