Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Editorial | Medical insurance review a timely move for a sector under pressure
Hong Kong's medical insurance sector is walking something of a tightrope of late, buffeted by an ageing population and increasing demands from international markets. Finding a healthy balance will be vital for the city's growth as a global…
Health insurance to rise by as much as 25 pc, new analysis finds
CHOICE analysed the big five health funds and found people with gold-tier policies will face substantial premium increases next month. The group that represents private health funds says the increases are necessary as gold policies cover the most…
US Home Insurance Costs Are Rising Faster Than Inflation
Inflation worries, meet home insurance worries. Policy costs are on the rise across the US, with particularly extreme increases in hurricane- and fire-prone regions. Today's newsletter looks at just how much the cost of insurance has ballooned…
Map shows states where home insurance has risen faster than inflation
Home insurance rates have risen faster than inflation in 44 states and the District of Columbia over the past five years, according to a new report by LendingTree trying to quantify the burden that these growing costs are putting on American…
Five working groups of hospitals, insurers proposed on health insurance
Five strategic working groups co-chaired by leaders from the healthcare and insurance industries will be set up on various issues concerning health insurance and formalise a roadmap for systemic reforms. The aim is to improve insurance penetration…
If Docs Have to Buy Malpractice Insurance, So Should Health Insurers, Says Lawmaker
Health insurers should be required to have medical malpractice insurance because they insist on prior authorization for certain drugs and procedures, Rep. Neal Dunn, MD (R-Fla.), said Wednesday at a House hearing on healthcare affordability.
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Best medical coverage insurance in India: How much cover is enough?
The most common mistake I observe among first-time health insurance buyers is this: they treat the sum insured like a target to be met rather than a shield to be tested. “I have five lakh cover. That should be enough,” they say. In my…
American homeowners' biggest problem: Skyrocketing 'hidden' costs like insurance, HOA fees, and property taxes
Homebuyers tend to fixate on a few numbers in the hunt for their next place. The biggest one is the sticker price — the six or seven figures that can stir either exhilaration (if it's a steal) or dread (if it's a stretch). There's the hunk…
High-Net-Worth Life Insurance: Strategies for Wealthy Individuals and Families
High-net-worth individuals can use life insurance for estate planning, tax mitigation, business succession and leaving a legacy for future generations. Understanding the types of life insurance available helps you avoid unnecessarily risky or…
How court ruling on vaccine policy affects insurance
A federal judge recently pushed the legal pause button on several of the Trump administration's new vaccine policies, the latest development in the United States' rapidly changing healthcare landscape. The March 16 decision temporarily halts the…
Insurer touts how it sought rigour of Bermuda regulators
a9204793-0606-4250-a057-5cef584922be Zac Townsend, Meanwhile's cofounder and CEO The world's first bitcoin-denominated life insurer sought Bermuda as a domicile because it wanted to be regulated by the Bermuda Monetary Authority, a bitcoin-focused…
Heat: 'silent killer' ramping up risk for insurers
Heat is on: pictured are, from left, Jeff Manson, Stephen Moss, Peter Sousounis and David Stamatis (Photograph supplied) Heat is a growing driver of risk and kills more people than floods, hurricanes, earthquakes and wildfires combined. Yet the…
Cheapest car to insure in UK named and it's not a Skoda, Ford or Toyota
The cheapest car to insure in the UK has been named (file) This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more The UK's cheapest car to insure has been revealed, and it's not a Toyota…
Andy Dalton trade grades: Why the Eagles needed Jalen Hurts insurance from Panthers
The Philadelphia Eagles traded for Jalen Hurts insurance on Wednesday afternoon, adding former Carolina Panthers quarterback Andy Dalton to their QB room. The addition of Dalton could signal another trade, as Tanner McKee remains on the roster and…
Insurer entitled to fees, interest in assigned risk dispute: Indiana high court
The Indiana Supreme Court on Tuesday ruled that an insurer is entitled to recover attorneys' fees and interest in a long-running workers compensation insurance dispute, affirming a lower court in part and remanding for further proceedings. In…
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