Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Nearly two-thirds of Texans can't afford a typical home after insurance costs
The rising cost of homeowners insurance has become one of the biggest threats to housing affordability in Texas, with a new study finding that almost two-thirds of households in the state are unable to purchase the median-priced home in their…
There's An Almost 50% Chance Your Car Insurance is Useless
The odds that a car insurer will pay out when a policyholder files a claim have dropped sharply over the past decade, according to a new analysis of thousands of company regulatory filings. Auto insurers declined to pay out on 45% of the auto…
Car insurance surged 50% in six years. Insurers don't tell customers why
Car insurance premiums have surged by about 50 per cent in six years, prompting the financial regulator to blast insurers for failing to adequately explain to customers why they have jacked up prices by so much. The Australian Securities and…
ASIC warns opaque car insurers slugging customers 'for loyalty'
The corporate regulator says not a single insurance company is properly explaining to customers why car policy premiums are rising or how they're calculated, making it difficult to compare different options. The Australian Securities and…
First-half insured nat cat losses at $42B: Swiss Re
Global insured losses from natural catastrophes totaled approximately $42 billion in the first half of 2026, according to a report Tuesday from Swiss Re. It was the lowest first-half total since 2020 and below the trend estimate of $66 billion, the…
Maryland Insurance Administration Recovers $53.5 Million For Consumers So Far In 2026 - The BayNet
NOTE: The Office of the Governor shared the following press release: ANNAPOLIS – Governor Moore announced the Maryland Insurance Administration recovered more than $53.5 million for Marylanders by helping resolve insurance-related issues and…
Green Cabbage Announces the Launch of the F&I (Finance & Insurance) Market Data Spend Cube
New Spend Cube Enables Global Companies to Negotiate Smarter Deals with F&I Suppliers PITTSBURGH, Aug. 11, 2026 /CNW/ -- Green Cabbage, the leading procurement intelligence partner for 2,600+ organizations across North America, EMEA, APAC, and…
Hormuz fee plan faces insurance restrictions
A proposed Iran-Oman agreement giving Tehran greater control over ships entering the Gulf through the Strait of Hormuz and imposing transit fees is unlikely to succeed because of U.S. sanctions and insurance restrictions, according to industry…
Iran conflict looms large in specialty insurers' quarterly reports
The Iran war was widely mentioned in second-quarter earnings reports for insurers with large specialty portfolios, with several reporting increased catastrophe losses for the period, in contrast with results from other commercial insurers who saw…
Connected Vendor Networks Modernize Insurance Claim Payouts
An insurer can approve a claim and still leave the policyholder waiting because the body shop, contractor, medical provider or lienholder hasn't been paid. That gap between payment approval and claim resolution is spurring the rise of vendor…
Luigi Mangione due in court ahead of insurance CEO murder trial
NEW YORK – Luigi Mangione, the man accused of gunning down a health insurance executive on a Manhattan sidewalk, is due in court on Tuesday for a hearing ahead of his murder trial next month. Mangione, the 28-year-old Ivy League-educated…
Life insurers' new business premium rose 20% in July to ₹47,000 crore
Life insurers in India mobilised ₹47,004.84 crore new business premium in July that in comparison to ₹38,958.05 crore in the year earlier period was 20% higher but only a tad better than ₹46,490.53 crore in June. State-owned…
Andy Burnham rule change on table for anyone with car, home, life insurance
Andy Burnham has been urged to ensure insurers give customers the best deals and quotes upfront. The Labour Party government Prime Minister has been urged to go further with his cost of living packages. Among the calls from experts, including the…
Cars, nukes and cellphones can help us predict the future of AI
What is the future of artificial intelligence? Movies can provide a first cut, but historical context with other tectonic inventions and events can help determine if AI will prove to be a force for good, ill or in-between. With AI models by…
Financial Institution Letter: Revised Procedures for Processing Federal Deposit Insurance Applications
The Federal Deposit Insurance Corporation (FDIC) recognizes the importance of processing federal deposit insurance (FDI) applications on a timely basis to help promote the vitality of the banking industry and meet the credit, deposit, and other…
Receive a Daily briefing on Insurance Industry News
Get Started