Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why Your Insurer May Stop Covering Your AI Decisions
Pieter van Schalkwyk, CEO at XMPro, specializing in Multi-Agent Generative Systems for industrial operations. Insurers have started backing away from covering artificial intelligence (AI), and the way they are doing it tells you more about…
Low volatility stocks like insurers and REITs are suddenly turning into market leaders, Katie Stockton says
Rotation from leaders into laggards is becoming more apparent in the market, and low-volatility stocks are among those that are benefiting. This is a notable shift after a technology-led advance, and it supports the idea that market leadership is…
Is mortgage protection insurance necessary for homeowners?
If you were to die with a mortgage balance remaining, mortgage protection insurance — also known as mortgage life insurance — would ensure it got paid off. That way, your loved ones could continue to live in your home without worrying…
Indonesian insurers' profits drop 25%
The Indonesian General Insurance Association expects the country's general insurance industry to remain under pressure in 2026, with combined profits down 25% year on year to 4.3 trillion Indonesian rupiah ($264 million) in the first four months of…
My pet insurance didn't fully cover a $6,000 emergency vet bill-why I'm keeping my plan
When I got my dog, Otis, in the fall of 2020, I knew I was taking on an adorable, but serious financial responsibility. I've tried to make smart financial moves to pay for his care over the years, including getting a pet insurance policy when I…
Centre will start cooperative life insurance firm on the lines of Bharat Taxi: Amit Shah
2 min read New Dellhi Make us preferred source on Google Union Cooperation Minister Amit Shah announced on Monday that the central government would soon launch a cooperative life insurance company and a utility aggregator cooperative on the lines…
Vero Beach homeowner says 'up and up' insurance costs totaling $9K may force her to sell home
VERO BEACH, Fla. — A Vero Beach homeowner says skyrocketing insurance costs may soon force her out of her home, and her story is one many Florida homeowners know all too well. Kelly Hagen reached out to share her frustration over the…
The Financial Risks of Delaying Health Insurance Coverage
Many people put off buying health insurance because they feel healthy. It is easy to see why. When there are no immediate medical concerns, paying a premium can feel like an expense that can wait. Between household bills, loan repayments…
Insurance veteran Dale McLeod joins Pan-American Life
Multiple Million Dollar Round Table (MDRT) member Dale McLeod has joined Pan-American Life Insurance Company of Trinidad and Tobago Ltd (PALICTT), ending a 38-year tenure with Guardian Life. The move took effect on July 1. In a statement, PALICTT…
California home insurance premiums spike 84% as wildfire risk grows, Stanford researchers say
STANFORD, Calif. (KGO) -- While fast moving wildfires continue to threaten wide sections of California, another deepening crisis is smoldering. Researchers at Stanford examined the forces driving what they say is an 84% increase in average…
Private insurers' commission payouts on the rise, mis-selling risk grows: RBI
The commissions being paid by the private insurers in the life and general insurance sector have shown a sharp rise and pose an increasing risk of mis-selling in insurance, according to the Reserve Bank of India (RBI). While the public insurers had…
National-level co-operative life insurance company soon, says Amit Shah
Union Cooperation Minister Amit Shah on Monday announced that a pan-India co-operative life insurance company will soon be established. This will mark the fifth national-level co-operative body launched by the NDA government, following the recent…
Amit Shah announces cooperative life insurance company and Bharat Taxi expansion
Union Minister Amit Shah on Monday announced that a cooperative life insurance company will be established to expand the business areas of cooperatives and also said the services of ‘Bharat Taxi' would be increased to 500 cities in the next…
China Expands Work Injury Insurance for Gig Workers Nationwide
China has expanded its occupational injury insurance scheme for gig workers nationwide, the latest push to strengthen social protection for the country's more than 200 million people in flexible employment. Under the scheme, which took effect July…
The Hanover Insurance Group (NYSE:THG) Hits New 1-Year High - Should You Buy?
The Hanover Insurance Group, Inc. (NYSE:THG - Get Free Report) reached a new 52-week high on Monday. The company traded as high as $222.07 and last traded at $220.90, with a volume of 17566 shares trading hands. The stock had previously closed at…
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