Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Eyes On Elevance Health, UnitedHealth For Continued Insurer Rebound
This week's Elevance Health and UnitedHealth Group quarterly earnings are much anticipated for signs these companies' health insurance businesses and their rivals are keeping a handle on rising costs. In this photo, UnitedHealthcare health…
The Health Insurance System Wasn't Built For The Solo Economy
Ran Harpaz is the founder and CEO of Lettuce Financial, an AI-powered operating system built for solopreneurs. There are now an estimated 30 million solopreneurs in the United States, according to the U.S. Census Bureau, with a reported 5.6…
Here's how the ultrawealthy are getting citizenship abroad as 'insurance' against wealth taxes
As taxes on extreme wealth gain traction in the US, the ultrawealthy are planning escape routes — even if they never end up using them. Californians are set to vote in November on a measure that would levy a one-time 5% tax on the state's…
California can make earthquake insurance cheaper by reducing risk
Californians know another major earthquake is coming. The only question is when. Scientists believe that there is more than a 99 percent chance of one or more major earthquakes hitting California in the next 30 years. Yet only about 13 percent of…
Riskiest drivers in Australia revealed by insurers | Compare the Market AU
It turns out age isn't just a number when it comes to your insurance, with new research from Compare the Market showing drivers in high-risk age groups could pay up to $1,200 more than motorists deemed to be less risky. New road users –…
Bridging the affordability gap in term life insurance
India is home to several households where a single income often supports an entire family or even generations. Life insurance is one of the most important financial tools for protecting household income, with term insurance remaining its simplest…
Exclusive | Threat of 'The Big One' sends Californians scrambling for earthquake insurance
A series of earthquakes that have rattled the Golden State have triggered a new kind of aftershock — insurance costs. Californians are scrambling to protect their houses amid fears “ The Big One ” could strike but are being met…
Can a Bernie-Backed Populist Fix California's Home Insurance Crisis?
In the spring of 2023, insurance giants State Farm and Allstate announced they would no longer write new home insurance policies in California, citing intolerable exposure to the devastating wildfires that have become routine in the state. Farmers…
Exclusive | My condo insurance was suddenly canceled in California - now I'm completely exposed
I never thought I'd be writing this as a proud Los Angeles homeowner. Last week, I received notice from Liberty Mutual that my condo insurance policy is being canceled effective October 3. No explanation tied to my claims history or property…
The 2026 Who's Who in Insurance
During state budget talks in Albany this year, one of the biggest battles was over insurance. In January, Gov. Kathy Hochul rolled out a package of bills that her administration asserted would crack down on auto insurance fraud and implement other…
The Hartford Insurance Group, Inc. $HIG Shares Bought by Arbejdsmarkedets Tillaegspension
Arbejdsmarkedets Tillaegspension grew its holdings in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange…
Arbejdsmarkedets Tillaegspension Has $25.50 Million Holdings in The Hanover Insurance Group, Inc. $THG
Arbejdsmarkedets Tillaegspension raised its position in shares of The Hanover Insurance Group, Inc. (NYSE:THG - Free Report) by 13.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange…
Kornitzer Capital Management Inc. KS Decreases Stake in Baldwin Insurance Group, Inc. $BWIN
Kornitzer Capital Management Inc. KS lessened its holdings in shares of Baldwin Insurance Group, Inc. (NASDAQ:BWIN - Free Report) by 45.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange…
Lifeworks Advisors LLC Has $6.46 Million Stake in The Hartford Insurance Group, Inc. $HIG
Lifeworks Advisors LLC grew its position in The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 40.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The…
IA: persistent crackdown on intermediaries' irregularities to maintain market order
As the licensing authority, the Insurance Authority adopts a risk-based approach in handling licence applications and renewals that involves imposing licensing conditions to restrict certain business models and requiring more frequent reporting to…
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