Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Normal guy' turned killer over US insurance industry grievances
The man who admitted to shooting dead a US health insurance executive used a charged courtroom appearance to blame a back injury for his crimes that he said sought to make 'health care work better for everyone.' SCROLL TO CONTINUE WITH CONTENT…
Luigi Mangione pleads guilty to killing health insurance CEO Brian Thompson
Nearly two years ago, Brian Thompson, the CEO of UnitedHealthcare, was shot and killed in New York City. A massive manhunt followed, resulting in the arrest of Luigi Mangione, who quickly became a sort of folk hero for people fed up with the state…
Mangrove Insurance expands reinsurance coverage
eb01337a-46d2-4f4e-8a84-371748cb76bc Stephen Weinstein, former Bermuda Business Development Agency chairman, is the founder and chief executive of Mangrove Property Insurance Co (File photograph) Mangrove Property Insurance Company has widened its…
Hong Kong reappoints Clement Cheung as CEO of Insurance Authority
The Hong Kong government announced on Friday the reappointment of Clement Cheung Wan-ching as the Chief Executive of the Insurance Authority for a term of three years from August 15, 2026, to August 14, 2029. SCROLL TO CONTINUE WITH CONTENT The…
Luigi Mangione pleads guilty in federal case, admits killing US insurance CEO
Luigi Mangione admitted in court on Friday to fatally shooting a US health insurance executive and pleaded guilty to two federal charges of stalking the executive with the intent to kill him. The guilty plea will avert a federal trial in…
Liability vs. full coverage insurance: What's the difference?
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'I shot Mr Thompson': Luigi Mangione describes his planning and the killing of health insurance CEO
When Luigi Mangione stepped into a Manhattan federal courtroom shortly after 11am on Friday, his demeanor was less debonair than at other recent court proceedings. The 28-year-old, wearing tan jail scrubs instead of natty menswear, walked with…
Luigi Mangione pleads guilty of health insurance executive's murder
Luigi Mangione pleaded guilty on Friday in his federal criminal case stemming from the killing of a health insurance executive on a Manhattan sidewalk. The guilty plea will avert a federal trial in the closely watched case over the killing of…
Maine insurance bureau approves nearly 15% average rate hike for ACA plans
The Maine Bureau of Insurance announced on Friday that it had approved a nearly 15% average rate increase for 2027 individual plans on the Affordable Care Act marketplace. The increase — 14.8% — was slightly lower than the 16.8%…
Insurer owes no duty to defend trucker in fatal crash suit
Cincinnati Insurance has no obligation to defend or indemnify a truck driver who was hit with a $5.1 million default judgment in a wrongful-death case, the U.S. Court of Appeals for the Fourth Circuit ruled Monday, finding the driver's late notice…
Roslin, Ont. farmer faces insurance dispute after life-changing accident - Kingston
Tyler Goodfellow doesn't remember much about what happened before or after a life-changing accident on his property in Roslin, Ont., about a half an hour north of Belleville, last year. What he does remember is waking up in a hospital eight weeks…
Major home insurance provider warning after family forced out of house
A major home insurance provider's failures have forced a family out of their home, they have warned. A Hastings Direct family have written into the Guardian newspaper's consumer affairs section over their ordeal. They said: 'Eight months after…
Luigi Mangione admits killing insurance CEO, pleads guilty in federal case
NEW YORK: Luigi Mangione admitted in court on Friday (Aug 14) that he fatally shot health insurance executive Brian Thompson and pleaded guilty to two federal charges of stalking the CEO with the intent to kill him. 'I shot Mr. Thompson in…
Insurance Regulators Get Schooled on AI Governance
On Thursday (Aug. 13) at its Summer National Meeting, the National Association of Insurance Commissioners provided an update on its AI Risk Evaluation Supplement, a structured set of inquiries designed to help state regulators examine how…
Luigi Mangione admits killing US insurance boss
Luigi Mangione admitted in court on Friday that he fatally shot health insurance executive Brian Thompson and pleaded guilty to two federal charges of stalking the CEO with the intent to kill him. 'I shot Mr. Thompson in Manhattan and he died,'…
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