Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Insurers' time in the barrel?
The move comes weeks after the enhanced Affordable Care Act (ACA) subsidies expired on Dec. 31, resulting in significant out-of-pocket cost increases for tens of millions of low- and middle-income Americans on ACA plans. Democrats have been…
More people in Mass. are enrolling in the insurance of last resort - why?
After years of steady decline, Massachusetts' insurer of last resort is suddenly swelling — a shift that experts say is beginning to raise concerns about the state's housing and insurance markets. As noted in the latest report, the FAIR Plan…
Hartford Insurance Group Inc. stock underperforms Friday when compared to competitors
Shares of Hartford Insurance Group Inc. HIG shed 1.20% to $136.26 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.65% to 6,966.28 and the Dow Jones Industrial Average DJIA…
Insurers taking losses due to Alberta auto rate cap: Insurance Bureau of Canada
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
Best Car Insurance in Washington 2026
American Family is the highest-rated insurer in Washington, according to our analysis of cost, complaints and collision repair scores. Travelers, State Farm and Farmers were also top-scoring companies in our Washington evaluation. A full coverage…
Best Car Insurance in Nebraska in 2026
Progressive is the best car insurance company in Nebraska in our evaluation, thanks to its below-average rates and low level of complaints. Auto-Owners and Geico are also top-scoring companies in our analysis. The monthly average cost of car…
Vietnam's insurance market grows 4%
Total insurance premiums in Vietnam reached 237.2 trillion Vietnamese dong ($9.1 billion) in 2025, up 4% from the previous year, according to the country's National Statistics Office, Asia Insurance Review reported. Non-life insurance premiums…
Bajaj Finserv completes Allianz's stake buyout in its insurance arms
Bajaj Finserv on Thursday said it has completed the acquisition of Allianz SE's stake in Bajaj General Insurance and Bajaj Life Insurance, worth Rs 12,190 crore and Rs 9,200 crore, respectively. Bajaj Finserv, along with Bajaj Holdings & Investment…
The purpose of insurance is to
Insurance serves as a financial safety net, transferring risk from individuals or businesses to an insurer in exchange for premiums, primarily to protect against unexpected losses. It promotes economic stability by pooling resources from many…
Dajia Insurance to raise capital by $215M
China-based Dajia Property & Casualty Insurance plans to raise its registered capital by 1.5 billion Chinese yuan ($215 million), which would lift its total registered capital to CNY5.5 billion, Asia Insurance Review reported. The increase will be…
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Got ACA Sticker Shock? Here Are Some Cheaper Health Insurance Options to Consider Before Jan. 15
Obamacare premiums have skyrocketed in 2026, prompting people to consider health insurance alternatives as the Jan. 15 end date for open enrollment approaches. Alternatives such as non-compliant private plans, short-term health insurance, and…
Sheff Wed's FA Cup prep rocked as some players unable to train due to INSURANCE
THE NIGHTMARE is over at Sheffield Wednesday – but there is still a long way to go to get the Owls flying again. Though a sprinkling of FA Cup magic would provide the perfect ammunition for boss Henrik Pedersen of what good times could lay…
Insurers face rising Venezuela exposure: Morningstar
Recent geopolitical developments in Venezuela have elevated risks for global insurers particularly in specialty property and casualty lines exposed to marine and aviation risks in the Caribbean, with secondary impacts on political risk, trade…
Australia's hailstorms cause $1.8B in insured losses: Perils
Severe convective storms and extremely large hail across Queensland and New South Wales, Australia in late November have caused an insurance industry loss of $2.6 billion Australian dollars ($1.8 billion), according to preliminary estimates by…
They Couldn't Access Mental Health Care When They Needed It. Now They're Suing Their Insurer.
In late 2024, Nimrod Shimrony, an emergency medical technician for the New York City Fire Department, tried to end his life. After completing an intensive outpatient treatment program, he and his wife searched for a therapist for months. Valeria…
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