Insurance Industry News

A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

techcrunch.com - Christine Hall - Khosla Ventures leads Even's $5M seed to give India the kind of healthcare their insurance doesn't
Khosla Ventures leads Even's $5M seed to give India the kind of healthcare their insurance doesn't
TechCrunch

Image Credits: alexsl / Getty Images The global pandemic highlighted inefficiencies and inconsistencies in healthcare systems around the world. Even co-founders Mayank Banerjee, Matilde Giglio and Alessandro Ialongo say nowhere is this more evident…

cnbc.com - Jessica Dickler - Tuition insurance may help cover costs if a student withdraws from college
Tuition insurance may help cover costs if a student withdraws from college
CNBC

As undergraduates get ready to go back to college in person, any number of circumstances threaten to derail the fall semester. To protect their investment, families are increasingly looking at tuition insurance. Even before the pandemic, Eden…

reuters.com - Alwyn Scott - U.S. Senate panel hears from Chubb, others on insuring pandemic risk
U.S. Senate panel hears from Chubb, others on insuring pandemic risk
Reuters

NEW YORK, July 22 (Reuters) - New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy during the…

zerohedge.com - 'Hold Gold As Insurance' - Stockman Warns 'Reset' Means 'A Crash Of Epic Proportions'
'Hold Gold As Insurance' - Stockman Warns 'Reset' Means 'A Crash Of Epic Proportions'
Zero Hedge

Via Greg Hunter's USAWatchdog.com, Reagan White House Budget Director and best-selling author David Stockman says, “This is not the time to be invested in the markets...' ' A reset is just a pleasant name or a clinical name for a crash of…

opensecrets.org - Insurance
Insurance
OpenSecrets

Health, life, property and car insurance companies, agents and brokers are all included in the insurance industry, which is a major contributor to federal campaigns. HMOs HMOs, which are not included in this industry, are profiled separately in the…

propertycasualty360.com - Q2 IVANS Index shows ongoing insurance market hardening
Q2 IVANS Index shows ongoing insurance market hardening
PropertyCasualty360

On average, P&C insurance-industry renewal rates are experiencing a sustained upward trend, according to the Q2 2021 IVANS Index™ released July 21stby IVANS Insurance Solutions. “This quarter's results demonstrate a continued…

edf.org - Katelyn Roedner - First-of-its-kind insurance report confronts climate risk
First-of-its-kind insurance report confronts climate risk
Environmental Defense Fund

As many of us are witnessing across the globe this summer, the impacts of climate change are already upon us: the increasing severity of wildfires, more frequent and widespread extreme heat events, and the looming risk of floods and sea level rise…

dallasnews.com - Dave Lieber - USAA Insurance says it's pro-veteran, but here are stories of its treatment of our American heroes
USAA Insurance says it's pro-veteran, but here are stories of its treatment of our American heroes
Dallas News

When Duston Hamilton sees a USAA Insurance commercial on television, the former marine says he gets disgusted. He's a general contractor who helps hailstorm victims repair their homes. “The TV ads are very misleading,” he says of the…

dallasnews.com - Dave Lieber - Does USAA Insurance knock hailstorm roofing claims down and by doing so, hurt its military members?
Does USAA Insurance knock hailstorm roofing claims down and by doing so, hurt its military members?
Dallas News

USAA Insurance promises to loyally serve its veteran members and their families. But that may not always be so according to a lawsuit, Kraig Vandewalle vs. USAA. Thousands of lawsuits are filed against insurance companies in Texas every year. The…

bbc.co.uk - What does a future-proofed home look like? - BBC News
What does a future-proofed home look like? - BBC News
BBC

Cervest's product EarthScan is available in a 'freemium' model to small-scale users. This allows people to see, within five-year increments, the intensity, types and interactions of climate risks for a factory, say, or a farm. But there are still…

news24.com - Sibongile Khumalo - Naspers makes R34m investment in a digital short-term insurance startup | Fin24
Naspers makes R34m investment in a digital short-term insurance startup | Fin24
News24

Naspers says Ctrl is a great example of using technology can improve traditional business models. Ctrl is a one-stop digital short-term insurance advice platform founded in 2017. The investment is part of Naspers' R1.4 billion commitment to grow…

salemnews.com - Christian M. Wade Statehouse Reporter - Health insurers see huge profits
Health insurers see huge profits
Salem News

BOSTON — The state's biggest health insurers collectively saw a surge in profits last year, amid a drop in claims from the pandemic, according to a new report. Collectively, 10 of the state's largest health plans reported $637 million in net…

reuters.com - John O'donnell,Tom Sims - Once its strength, water now threatens Germany
Once its strength, water now threatens Germany
Reuters

Heavy rains cause trail of destruction in Germany Germany's waterways backbone of industrial success Floods threaten Germany more than its neighbours BAD MUENSTEREIFEL, Germany, July 23 (Reuters) - Bad Muenstereifel's transformation from…

irishtimes.com - Central Bank and insurance
Central Bank and insurance
The Irish Times

Sir, – My heart lifted when I read the front-page headline “Central Bank to curb insurance stealth hikes” (News, July 22nd). Sadly I was in the doldrums again by the time I had read the first paragraph: “However, it…

startribune.com - Patrick Kennedy - UnitedHealth, Peloton join to meet at-home fitness trends during pandemic
UnitedHealth, Peloton join to meet at-home fitness trends during pandemic
Star Tribune

Starting in September, people with UnitedHealthcare insurance will be able to access Peloton's multidisciplinary classes for one year as part of their benefits. The move is in part because of a shift from fitness clubs to at-home exercise, the…

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