Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Flora: Revolutionizing Fertility Coverage With Individually-Owned Insurance Policies
Reproductive health and family planning are becoming the forefront of social discourse, and a promising InsurTech startup just closed a fresh $1.5M pre-seed funding round - led by Highline Beta with co-investment by Cartography Capital and…
The best bicycle insurance providers of 2024
Cycling insurance is not legally required in the UK, but it can benefit cyclists in case their bike is damaged or stolen, or if they're involved in an accident. The insurance hit the news recently as the head of Lloyds of London, the world's…
Ease insurance for everyone
PETALING JAYA: As the country prepares to become an ageing nation, the government should consider increasing tax relief for life insurance premiums. This is because with higher life expectancy rate, Malaysians now need longer and comprehensive life…
How to Lower Your Homeowners Insurance Premium: A Comprehensive Guide
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate homeowners insurance products to write…
A majority of North Carolina homeowners didn't have flood insurance. Then Helene hit.
Rains from Hurricane Helene caused severe flooding in western North Carolina, devastating communities. But less than 3% of properties in the state have flood insurance, leaving many unprotected. Part of the problem is that people falsely assume…
New insurance risk rating system could trigger spike in EV premiums
Motor insurers have moved to a new Vehicle Risk Rating (VRR) system to determine the price of premiums for drivers based on the car they drive. It has replaced the insurance group rating system - rising from group 1 to 50 - which previously…
Buffett may target Japan banks or insurers for next purchase, analysts say
Market watchers are saying that Warren Buffett may be looking to buy Japanese financial firms and shipping companies as Berkshire Hathaway's return to the yen bond markets fuels speculation he's raising money to build stakes in value stocks. The…
A Florida congressman wants you to subsidize the state's flood insurance. It's a terrible idea
Few things are as easily predictable as the path that America is walking down toward its awful, inevitable national political war over the costs of climate change. Each catastrophe will propel us to take another step toward our looming irrational…
As car theft decelerates, insurance claims are down in Canada
With vehicle thefts gradually decelerating in Canada, insurance claims and costs are also on the decline. Story continues below advertisement New data by the Insurance Bureau of Canada released Wednesday showed that in the first six months of the…
How can buyers buy an old home with electrical, insurance woes?
Question: We bought an older home. We must apply for final loan approval with an insurance binder quote. That is a problem. The insurance broker cannot provide a quote. The insurance broker wrote today, “For a home built in the 1940s, there…
Earthquake Insurance Rates Are Set to Increase in California
Californians will pay more for earthquake coverage in 2025, as the California Earthquake Authority—a not-for-profit organization funded by insurance companies and managed by the state—is raising rates by an average of 6.8 percent in…
North Carolina Family Informed Their Insurance Policy Voided Once House Gets Wet
ASHEVILLE, NC—Saying he wished there was more he could do to help as he pointed out a clause that showed he didn't have to, a representative from an insurance company explained to local residents Stan and Loretta Coleman on Thursday that…
Pushed to the breaking point, coastal Louisiana fears insurance rates are killing their towns
CHAUVIN — The signs of exodus are everywhere along Little Caillou Road as it winds for miles past bait shops and sugar cane fields, following the curves of the bayou. Empty homes with remnant strips of blue roof tarp fluttering in the wind…
Helene Should Trigger a National Rethink of Home Insurance
As people across the Southeast continue to pick up the pieces from Hurricane Helene, many will continue to face a rude awakening: that they—or their landlords—don't have flood insurance. Those facing damages from winds or mudslides…
Hurricane Helene highlights large gap in Florida's flood insurance
Updated: 6:56 PM EDT Oct 3, 2024 Hurricane Helene highlights large gap in Florida's flood insurance Updated: 6:56 PM EDT Oct 3, 2024 BEFORE THEY BUILD ON IT. NEW DATA SHOWS THOUSANDS OF HURRICANE HELENE VICTIMS ARE STRUGGLING TO GET HELP BECAUSE…
Receive a Daily briefing on Insurance Industry News
Get Started