Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Japan insurers seek change
TOKYO: A Japanese accounting group is seeking to ease rules on how life insurers book paper losses on government bonds. Under the proposal, bonds held by life insurers to match long-term policies would be treated as held to maturity if certain…
India to Decide on Russia Oil Tanker Insurance Firms in Days
The Indian government must decide in the next few days whether to keep allowing a handful of Russian companies to insure tankers when they deliver oil to the Asian nation. The process comes at a time when New Delhi is under pressure from the Trump…
New insurance company launches in Bermuda
Neil McConachie, cofounder and group chief executive, Pinion Insurance (Photograph supplied) Pinion Insurance, a newly formed Bermudian-incorporated speciality insurance platform, will offer insurance capacity for managing general agents across the…
Why Insurance Agencies Need Cybersecurity in 2026 - Awe.some
The insurance industry is no stranger to sensitive data. Names, addresses, social security numbers, banking details – the list of confidential customer information that insurance agencies handle daily is extensive. However, with the…
States want to limit AI in health insurance, but Trump wants to limit the states
Getting your Trinity Audio player ready... By Darius Tahir and Lauren Sausser | KFF Health News It's the rare policy question that unites Republican Gov. Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald…
A&E insurers plan to seek rate hikes: Survey
Insurers in the architects and engineers professional liability insurance market will look to raise rates this year as claim costs climb, a report says. Almost three quarters, or 73%, of the 15 insurer respondents said they would seek rate…
Pérez Proposes Insurance Protections for Wildfire-Hardened Home
The proposed measure, Senate Bill 1076, known as the Insurance Coverage for Fire-Safe Homes Act, would require insurance companies to offer and renew homeowners insurance policies to Californians whose properties meet wildfire safety standards set…
Travel insurance insights: How a Galveston girls' trip highlighted key mistakes to avoid
GALVESTON, Texas – For years, Helen Reddy dreamed of taking a cruise. Now 89 years old, wheelchair-bound and reliant on oxygen, the trip she longed for became a symbol of hope and friendship, a girls weekend getaway with close friends from…
Albany lawmakers urged to approve Hochul's auto insurance reforms
(The Center Square) – Business groups are urging New York lawmakers to crack down on staged accidents and other auto insurance fraud by overhauling the state's liability laws. In a letter to Senate Majority Leader Andrea Stewart-Cousins and…
Health insurance just became more expensive. Here's what you need to know
The biggest rise in health insurance premiums this decade will hit 15 million Australians from April after the federal government approved a 4.41 per cent increase in the average policy cost. Health Minister Mark Butler said the above-inflation…
Private health insurance premiums will rise 4.41% this year. But is it justified?
Around 15 million Australians with private health insurance will pay more from April 1, after the federal government approved a 4.41% average premium increase, the largest in nine years. For a typical family, that means several hundred dollars more…
New Alzheimer's drug won't be covered by Dutch health insurance
A new drug for treating Alzheimer's has only a marginal impact on people with the early stages of the memory loss disease and should not be included in the basic health insurance package, according to the Dutch health institute Zorginstituut…
The insurance challenge builders face in the 2026 spring housing market
The outlook for new home construction and purchases appears brighter going into 2026. After contracting last year, housing stats are forecast to rise 3% this year. A few favorable factors are lining up to boost buyer demand. Affordability is…
Red and blue states alike want to limit AI in insurance. Trump wants to limit the states.
It's the rare policy question that unites Republican Gov. Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald Trump and Gov. Gavin Newsom of California: How should health insurers use AI? Regulating…
Suncorp looks to AI and core overhaul to address insurance affordability
Suncorp is hoping that its investment in AI and a new policy platform will help it craft more affordable products, including some that appeal to consumers priced out of obtaining insurance. CEO and managing director Steve Johnston told the…
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