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…
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…
2 Insurance Stocks to Buy With Dividend Streaks Longer Than 50 Years
The big story with insurance companies is the float. Essentially, an insurance company collects premiums, but doesn't have to pay out any money until there are claims. It can invest that cash, called the float, until it is needed for claims. This…
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…
If We Make Our Homes Safer, Will Insurance Follow?
Ben Allen is running for California State Insurance Commissioner, represents communities directly impacted by wildfire and was in Santa Barbara discussing wildfire risk, home insurance, and what Santa Barbara homeowners can expect from prevention…
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…
It Is a Crappy, Crappy Product': The Ramsey Show Host to Connecticut Couple Paying $400 a Month for $250,000 of Life Insurance
Christine and her husband in Connecticut thought they were building something smart with their life insurance policy until a co-host of The Ramsey Show called it a product that charges a lot for not a lot, and laid out exactly… Published…
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