Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
York woman, 86, convicted after car insurance typo
An 86-year-old woman has been convicted by a fast-track court after she accidentally got one letter wrong on her car insurance papers. The pensioner, from York, applied for a year's worth of cover for her Suzuki Splash car with Swinton Insurance…
Cheapest Car Insurance Options in Maine 2026
Travelers is the cheapest car insurance company in Maine, with full coverage policies averaging $67 a month for good drivers in our analysis. Maine is the 5th cheapest state for car insurance nationwide. We analyzed 11 large auto insurance…
BofA Raises its Price Target on Hartford Insurance (HIG) to $138
The Hartford Insurance Group, Inc. (NYSE:HIG) is one of the On April 13, 2026, BofA raised its price target on The Hartford Insurance Group, Inc. (NYSE:HIG) to $138 from $136 previously and maintained a Neutral rating on the shares, reflecting…
Major Japanese Life Insurer to Slow Buying of Domestic Debt
Fukoku Mutual Life Insurance Co. plans to slow purchases of Japanese government debt this fiscal year as it sees limited upside in super-long bond yields. The insurer expects to boost its holdings of Japanese bonds by ¥110 billion ($691…
Premier discusses insurance and digital assets with US politicians
Telling Bermuda's story: David Burt, the Premier, who met with members of the US Congress and Caribbean finance ministers in Washington last week (File photograph) David Burt met with two American politicians who sit on influential committees…
A Better Alternative to High-Deductible Health Insurance: News Article
Nearly 60% of voters say out-of-pocket medical costs are among their most pressing financial worries. Yet Congress seems unwilling to heed that concern. In the early days of the Affordable Care Act, some Democrats were worried about the effects of…
Jane Kim wants a radical shakeup in California's insurance industry
Some people never really leave San Francisco politics. Jane Kim is one of them. After losing a high-profile state Senate race in 2016 and a mayoral bid in 2018, the former supervisor and progressive activist left office in 2019. She went on to work…
Africa's insurance sector buoyed by growing middle class
Africa's insurance sector is increasing momentum due to greater demand from a growing middle class, a new report found. The market is expected to top $166 billion by 2034, up from $98.5 billion in 2025, global market research firm IMARC Group…
Insurers warn of weak oversight, rising costs in gov't premium discount plan tied to driving restrictions
Korean insurers are voicing concerns over the effectiveness of a government proposal to offer premium discounts to drivers who comply with a vehicle rotation scheme that aims to ease the current energy supply strain, according to industry officials…
If You Get A Dashcam For Insurance Reasons, Don't Forget They're Not Always A Plus
The roads are seemingly full of careless drivers these days, so it makes perfect sense that you would wish to install a dashcam. If someone pulls out in front of you or reverses into your vehicle outside of Walmart, you want to be able to capture…
Calls for car insurance overhaul to catch 200,000 rogue vehicles on Irish roads
There has been a significant drop in the number of uninsured drivers on Irish roads over the past year due to the widespread introduction of a new, data-based system to link Gardai on the beat with up-to-date records kept by major insurance…
Payments Modernization Is Insurance's Next Big Margin Engine
Insurance carriers are under pressure and operating on the edge. With margins often hovering between 1% and 2%, even small inefficiencies can erase profitability. One of the biggest and most overlooked drivers of margin compression sits inside the…
Best Travel Insurance Of 2026: Compare Top Providers & Plans
As much as I'd like to think that I'm an airline and hotel expert, the topic of travel insurance is something that I've historically not paid much attention to. A while back, I posed the question on the blog of whether frequent travelers should buy…
AI Is Reshaping Fraud Detection in South African Insurance, but Criminals Are Adapting Too
In its 2024 Annual Report, the Insurance Crime Bureau (ICB) warned that fraud and organised crime costs South African insurers up billions if not actively disrupted. The actual true cost of fraud echoed by the ICB extends far beyond financial…
Illinois lawmakers advance abortion grant fund proposal, insurers raise compliance concerns
FAIRVIEW HEIGHTS, Ill. — Illinois lawmakers are moving forward with a proposal backed by Governor JB Pritzker that would create a new grant fund to help uninsured and underinsured patients afford abortion care. Supporters say the measure…
Receive a Daily briefing on Insurance Industry News
Get Started