Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Is climate change reshaping life insurance?
Climate change could cause life insurers to rethink how they assess and price risk. (The data is from Washington University, WUSTL global PM2.5 surface concentration dataset.) According to the World Health Organisation, climate change contributes…
Cyber insurance is becoming increasingly popular
In Switzerland, demand for cyber insurance continues to grow. By 2025, both the number of policies sold and the premium volume in this sector will have increased. (Illustrative image) In Switzerland, demand for cyber insurance continues to grow. By…
The 8 Best Antioxidant Serums Are Your Insurance Against Future Skin Damage
Think of the best antioxidant serums as your insurance against future damage—they supplement your first line of defense (namely, sunscreen) in order to protect skin. These face serums can make a meaningful difference in maintaining healthy…
Insurers Are Buying Back More Stock as Pricing Softens
In the first half of 2026, Progressive (PGR +0.38%) bought back roughly $1 billion worth of its own stock. Chubb (CB +0.20%) bought back $1.37 billion in shares in the second quarter alone (bringing its first-half repurchases to $2.12 billion).
Moldovan insurers' premiums rise 12%
Moldova's insurance sector saw gross written premiums climb 12% year on year to 1.8 billion Moldovan leu ($103 million) in the first half of 2026, with the nonlife segment accounting for more than 97% of the total, according to the National Bank of…
Texas insurance committee kills unpopular coastal coverage idea
Members of the Texas Windstorm Insurance Association's legislative and external affairs committee got an earful Tuesday when public officials and private citizens urged them to stop a proposal that would have eliminated residential coverage for…
Insurer escapes payment of $5.25 million judgment
Cincinnati Insurance has prevailed in a lawsuit brought by a fellow insurer over who should pay a $5.25 million judgment tied to a construction site accident that injured a subcontractor's employee. Cincinnati won summary judgment against American…
Public Insurance Registry may reset insurance's data advantage, but challenges remain
The Public Insurance Registry (PIR) proposed by the Insurance Regulator offers a win-win situation for the insurers and policyholders but also confronts the insurers with some challenges. when it is rolled out. In an effort to make the insurance…
Arizona high court sets new test for 'fortuitous' insurance losses
A Chubb unit has won a ruling that clarifies the legal standard for when property damage qualifies as a covered, “fortuitous” loss under an all-risk insurance policy in Arizona. Great Northern Insurance had denied a $2.7 million…
Top three carriers drive 99% of Saudi insurance profits
Saudi Arabian insurers recorded a 19% year-on-year growth in first-half aggregate profit after zakat to 1.5 billion Saudi Arabian riyal ($408 million), with the top three insurers accounting for almost 99% of the total, according to Dubai-based…
Employer-Provided Health Insurance Costs Expected To Increase Next Year
You know, it's honestly impressive how significantly just about every aspect of American life has worsened in just under two years of Donald Trump's second presidency. Over the last year, we've seen costs increase across the board, and now…
Samsung insurers weigh W9tr UK, US dealmaking push
Samsung Fire may seek control of Canopius, while Samsung Life is linked to 15% stake in Principal Financial Samsung's two insurance arms left the door open Thursday to overseas deals potentially worth up to 9 trillion won ($6.6 billion), stopping…
Samsung insurers plan to buy Canopius for $1.5 billion, newspaper says
03 Sep 2026 07:26AM (Updated: 03 Sep 2026 09:23AM) SEOUL, Sept 3: South Korea's Samsung Group-affiliated insurers plan to acquire London-based reinsurance company Canopius by buying an additional 50 per cent stake for more than 2 trillion won…
North Carolina Insurance Commissioner announces fraud arrest
Updated: 4:48 PM EDT Sep 2, 2026 Editorial Standards ⓘ Guilford County man charged with insurance fraud Updated: 4:48 PM EDT Sep 2, 2026 Editorial Standards ⓘ A Guilford County man was arrested on multiple fraud-related charges. North…
Florida homeowners insurance market rebounds as Citizens shrinks
It may be peak hurricane season, but homeowners and real estate professionals in Florida are feeling far more confident this year when it comes to all the possible weather-related what ifs that could result in a homeowner's insurance claim.
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