Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Prudential Life Insurance Review
Prudential earned a rating of 3.7 out of 5 stars in our evaluation of life insurance companies. It offers a variety of coverage options, including term, universal, indexed-universal and variable-universal life insurance policies. Prudential stands…
Insurers Didn't Learn From the Financial Crisis
“You might not believe in climate change, but your insurance company does” is a common joke about climate change. Because obviously the companies that pay claims after weather disasters are well aware the planet has grown hotter and…
Health Insurance Is the Sleeper Inflation Issue
Food and energy get the spotlight, but there is another source of inflation on the minds of voters headed to the polls today: health insurance. At first glance, there ought not to be much to see here. The government's broadest measure of health…
Democrats Jane Kim, Ben Allen face off in California's insurance commissioner race
California voters on Tuesday are set to decide who will become the next insurance commissioner, as the state continues to navigate an insurance market strained by rising costs and heightened wildfire risks. Democrats Jane Kim, a former San…
Can you get pet insurance after your pet gets sick?
Pet insurance can be easy to put off when your pet is healthy, particularly when many people's finances are being stretched by things like high inflation and rising prices, as they are in today's economic landscape. The monthly premium may feel…
The Insurer Reports Binance Lacks Cyber Insurance After $6.3 Billion Incident
Binance says it will shoulder the financial impact of an incident it valued at about $6.3 billion, while The Insurer reported, citing a source close to the exchange, that Binance has no cyber insurance. The exchange said Oct. 31 that a portion of…
CNA Financial: A Solid Insurer Facing An Increasingly Difficult Market (NYSE:CNA)
CNA Financial Corporation remains a hold as underwriting profitability deteriorates and competitive pressures intensify. Q3 2026 saw underwriting gains drop sharply, with the combined ratio rising to 97% and core income nearly halved. Investment…
New report shows steep rise in Minnesota homeowners insurance premiums
For Minnesota homeowners, protecting their biggest investment is becoming increasingly expensive. A new report from the Insurance Federation of Minnesota finds average homeowners insurance premiums climbed from $1,313 in 2015 to $2,037 in 2023. And…
Regulators, insurers urged to cooperate on litigation costs
BOSTON — Cooperation between insurers and regulators on data sharing and consumer education could help address litigation practices that insurers say drive up costs. Sharing claims and other data and cooperating to inform the public could…
Universal Insurance: 3 Key Takeaways for Long-Term Investors
On its third-quarter 2026 earnings call, held on Oct. 23, 2026, Universal Insurance (UVE -0.88%) delivered a 32.7% annualized return on common equity as underwriting profits expanded. Consistent underwriting profitability matters because it builds…
Binance Had No Cyber Insurance for Its Estimated $6.3 Billion Loss
Binance planned to rely on internal funding pools to restore assets after a hot-wallet attack whose impact it estimated at about $6.3 billion, while Bloomberg reported it lacked cyber insurance. Bloomberg, citing a person familiar with Binance's…
California chooses next insurance commissioner: Jane Kim or Ben Allen
Californians are choosing a new insurance commissioner after almost a decade of deadly wildfires that threw the state's property insurance market into a crisis from which it is still trying to recover. Two Democrats are competing for the position…
Ismail Sabri raises alarm over surgeries cut short when doctors dropped from insurance panels
PARLIAMENT | Former prime minister Ismail Sabri Yaakob has claimed that some patients had their surgeries halted midway after the specialist attending to them was removed from an insurer's cashless panel, forcing hospitals to call in doctors from…
Data center risks outstrip insurance capacity, says Scor chief
Hyperscale data centers carry total insurable values of up to $30 billion for construction alone, but insurers can currently provide only about $15 billion in capacity per risk, according to Thierry Léger, group CEO of France-based Scor SE…
2026 elections: Track results for California insurance commissioner
SACRAMENTO, Calif. — Two Democrats are facing off in the Nov. 3 election to become California's next insurance commissioner. Jane Kim and Ben Allen are competing for the office as California faces a homeowners insurance crisis and as the…
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