Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Insurance fraudsters 'eyeing bigger payouts with average bogus claim at £14,300'
Insurers detected £1.34 billion worth of fraudulent claims in 2025, with an 85% annual surge in the number of bogus travel insurance claims, according to the Association of British Insurers (ABI). The overall value of bogus insurance claims…
Fake insurance claims cost UK £1 billion as travel fraud skyrockets
Insurers uncovered £1.34 billion in fraudulent claims in 2025, boosted by an 85 per cent annual rise in fake travel claims, according to the Association of British Insurers (ABI). The total value of intercepted fraud rose by 14 per cent…
AI hacking fears spread to brokerages, insurers, card issuers
Brokerages, insurers and credit card issuers are stepping up security measures and checking for potential breaches after suspected artificial intelligence (AI)-assisted cyberattacks stole personal data from banks, savings banks and a capital…
The Cost of Insuring Against a French Default Is Rising
France's 5-year credit-default swap spreads have nearly doubled in the past two weeks as worries over the country's finances grow. Italy's CDS spreads have also jumped, reflecting concerns that turmoil in French markets could spill over to the…
Irish taxi and food delivery drivers face headache as French insurer suspended
Competition to provide insurance cover here for taxi and delivery drivers has suffered a blow after French authorities ordered Paris-based insurer Wakam to suspend writing new business amid concerns over its capital reserves. Broker NFP Ireland, a…
Miners' union backs insurance against heavy-rain income losses
The union representing mine and quarry workers has backed a proposed insurance scheme that would compensate miners for income lost when heavy rains force mining operations to stop. The Rwanda Extractive Industry Workers Union (REWU) says the…
Insurers told to know their private credit
Gerald Gakundi, deputy managing director, head of insurance and investment funds, Bermuda Monetary Authority (Photograph supplied) Insurers who outsource management of their private-credit holdings to asset managers still have a responsibility to…
Howard Hughes: Double Bottom, A New Insurance Engine, And A Second Chance For The Breakout
Howard Hughes Holdings is transitioning from a pure land developer to a diversified holding company with real estate and insurance engines. Vantage's acquisition defines 2026, adding an insurance engine, while Pershing Square's $1 billion preferred…
Cyber insurer adds AI-based risk assessment service
Cowbell on Monday launched an artificial intelligence-based cyber risk advisory tool for policyholders. Available through the Cowbell Platform and Cowbell OMNI mobile app, Risk Advisor brings together information including risk assessments…
Candidates vying to be CA's next insurance commissioner | 2026 Voter Guide
Updated: 2:05 PM PDT Oct 5, 2026 Editorial Standards ⓘ Updated: 2:05 PM PDT Oct 5, 2026 Editorial Standards ⓘ California voters will elect a new Insurance Commissioner this year. For the first time, voters will decide between two…
Race for CA insurance commissioner: Once-boring contest is now high stakes
California voters will choose between two Democrats with differing visions for the state's troubled insurance market when they elect a new insurance commissioner this November. Jane Kim, a former San Francisco supervisor, and Ben Allen, a state…
Would you let a relative use your address for cheaper insurance
Please or to access all these features Share your dilemmas and get honest opinions from other Mumsnetters. fannycondensation · Today 17:26 A young relative has recently started driving and has been quoted significantly more for car insurance…
Should 'special' FCNR(B) deposits be insured?
The plethora of discussions on the ‘special' FCNR(B) or Foreign Currency (FX) deposits, which was operational during June 6 to August 31, is tilted towards the cost to the macroeconomy or RBI, with hardly any attention paid to risks and…
Americans rely on deposit insurance; now is the time to fortify it
This editorial originally appeared in Bloomberg Opinion: Banks in the U.S. have plenty to celebrate these days, from record profits and higher stock prices to a strong economy and easier regulation. One thing they don't need is an added discount on…
Patient Dies by Suicide After 'Insurance Issue' Delayed Medicine for Lung Disease Flare-Ups
If you or someone you know may be experiencing a mental health crisis, contact the 988 Suicide & Crisis Lifeline by dialing or texting “988.” KYLE, Texas — Kenney Blewett was diagnosed with lung disease more than a decade ago…
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