Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
FCA will expand work to improve standards in home and travel insurance markets
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. The City regulator has said it is expanding the…
Fraudster jailed for bogus insurance claims involving stolen Lego sets
Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. A man has been jailed for over two years for…
FCA will expand work to improve standards in home and travel insurance markets
The City regulator has said it is expanding the “significant” work it had planned to improve standards in the home and travel insurance markets, following a super-complaint by a consumer group. The Financial Conduct Authority (FCA)…
Insurers told to make travel and home policies easier to understand - BBC News
Insurers need to do more to improve how they handle claims and make it clearer to customers what their policies cover, the UK's finance regulator has said. The Financial Conduct Authority (FCA) was responding to a 'super-complaint' by consumer…
Nirvana's $100M Series D bets big on AI to revolutionize commercial insurance
AI-driven insurer Nirvana Insurance announced Thursday it has secured a pre-emptive $100 million Series D funding round to expand the company's AI-powered commercial insurance offerings. The round was led by Valor Equity Partners, with…
Stop overpaying for contact lenses - these are the best places to shop online using insurance and soon-to-expire FSA dollars
Amir Ismael is an editor on Business Insider's Reviews team specializing in men's style and grooming products. He joined the team (then called Insider Picks) in 2017, initially covering a wide range of subjects, including deals of the day…
Munich Re Offers Geothermal Risk Insurance in State-Backed Drive
Insurer Munich Re and Germany's KfW Development Bank are introducing a state-backed program to mitigate the financial risk of geothermal drilling and encourage exploration for the renewable heat and power source. Geothermal power is an abundant…
India Opens Insurers to Full Foreign Ownership
Good morning. India allows global firms to fully own insurers. Ford's EV retrenchment hits South Korea. And try your luck on Bloomberg Businessweek's prediction markets for 2026. Listen to the day's top stories.
Exclusive: AI Insurance Startup Nirvana Nearly Doubles Valuation To $1.5B with $100M Series D
Nirvana Insurance, an AI-based commercial insurance platform for the trucking industry, has raised a $100 million Series D round at a $1.5 billion valuation, it tells Crunchbase News exclusively. The raise comes just over nine months after the…
Insurance M&As stable in 2025
PricewaterhouseCoopers said insurance mergers and acquisitions totaled $31.8 billion across 207 transactions between June 1 and Nov. 30 on a similar pace as last year, Reinsurance News reported. The firm said P&C deal activity is picking up as…
India Insurance Move Opens Pension Firms to 100% Foreign Holding
India's move to lift investment caps on the insurance industry also applies to the $177 billion pension fund sector, paving the way for 100% foreign ownership, according to the industry regulator. The measure is an “enabler” that will…
Former Insurance Commissioner criticizes current commissioner amid insurance crisis
SACRAMENTO, Calif. — A former California Insurance Commissioner lobbed strong criticism Wednesday against current Commissioner Ricardo Lara. “The current commissioner has failed his obligations to the consumers,” said…
Americans facing soaring health insurance costs may get a lifeline in 2026, experts say
By Amina Niasse and Ahmed Aboulenein NEW YORK/WASHINGTON, Dec 18 (Reuters) - Americans facing skyrocketing Obamacare health insurance premiums could still get a break from expanded government subsidies in 2026 through retroactive legislation and…
In the insurance market, avoid over-regulation
December 18, 2025 08:18 AM IST First published on: Dec 18, 2025 at 08:18 AM IST On Tuesday, the Lok Sabha passed the Sabko Bima Sabko Raksha (Amendment of Insurance Laws) Bill, 2025. It seeks to reform India's insurance framework through changes in…
Abir sponsors free insurance course for sixth year
John Huff, CEO, Abir (File photograph) A free foundational course providing the public, including Bermudian students, with free access to education about the island's (insurance and) reinsurance industry will be sponsored for the sixth consecutive…
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