Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Cyber Insurance Is Not A Cybersecurity Strategy
Ed. note: This is the latest in the article series, Cybersecurity: Tips From the Trenches, by our friends at Sensei Enterprises, a boutique provider of IT, cybersecurity, and digital forensics services. Cyber insurance has officially gone…
Private insurers double commercial flood market share: GAO
Private insurers' share of the U.S. commercial flood insurance market, based on policy counts, more than doubled from 23% in 2018 to 48% in 2025, according to a U.S. Government Accountability Office report. By comparison, the private share of…
Chhattisgarh blacklists Oriental Insurance for 3 yrs over chopper claim
The Chhattisgarh government has blacklisted Oriental Insurance Company Limited for three years following the rejection of a helicopter crash insurance claim that remained pending for more than four years, impacting public property and prompting…
Eiopa urges focus on PE-backed insurers
f2460c98-aac0-472d-b94e-56784a9f1cdd Private equity focus: Eiopa's headquarters, the Westhafen Tower in Frankfurt (Adobe stock image) European regulators have urged more detailed oversight over alternative assets and reinsurance arrangements at…
Insurers must defend Walmart in opioid lawsuits: appeals court
Two units of American International Group and dozens of other insurers must pay to defend Walmart Inc. in more than 2,400 opioid lawsuits, a state appeals court ruled Wednesday in a ruling that went against the grain of other recent suits against…
Insurance company denies coverage of newborn services to baby delivered by surrogate
A southwest suburban mom is stuck in an ongoing insurance coverage dispute related to her nearly one-year-old son's birth that centers around how he was delivered. When NBC 5 Responds met baby Angleo at his family's home in Lemont, he was cooing…
Tackling the mis-selling malaise in insurance
Tomy Jose (name changed) had just returned to India after spending almost three decades in Abu Dhabi. He is now retired with a tidy sum saved, which he wanted to invest in a safe option. He consulted his friendly bank manager, who asked him to buy…
Insurance chief kills wife and 24-year-old daughter then himself at $1.7m mansion
David Grodnick was found with a self-inflicted gunshot wound An insurance chief shot dead his wife and daughter before turning the gun on himself at the family's £1.3million ($1.7m) mansion, officials have said. David Grodnick, 61, wife Lora…
Exclusive: Meet the 38-year-old founder who left Wall Street for love and created an AI insurance unicorn a decade later
Gage Caligaris said he decided to marry his wife on their first date, during his last month at Harvard. A few years later, he made another consequential decision: leaving Wall Street and starting over as an insurance intern to get closer to her…
5 Insurance Stocks Built to Keep Paying Dividends Through Hurricanes and Market Crashes
Insurance stocks offer modest yields. What they give income investors is harder to find: dividend checks that keep coming after hurricanes, market crashes and rate shocks. The reason is a business with two drivers. Underwriting profit is whatever…
UNDP, Generali Central launch insurance innovation challenge to strengthen MSME resilience
The United Nations Development Programme (UNDP) and Generali Central, representing the Generali Group's general and life insurance businesses in India, on Wednesday launched an insurance innovation challenge to identify and scale solutions that…
A look inside the race for California's Insurance Commissioner
BAKERSFIELD, Calif. (KERO) — Insurance rates are a hotly contested topic here in California, whether it's home, fire, auto, earthquake - the list can go on and on. As the race for the seat continues, 23ABC got a chance to sit down with the…
New National Insurance rules on table for millions of workers aged 21 to 24
Tax hiring young people could be halved by the Tories if they win the next general election. The Conservative Party leader has vowed to lower employers' National Insurance from 15 per cent to 7.5 per cent for staff aged between 21 and 24. Ms…
The Hartford Insurance Group (NYSE:HIG) Price Target Cut to $144.00 by Analysts at Mizuho
The Hartford Insurance Group (NYSE:HIG - Get Free Report) had its price objective reduced by equities researchers at Mizuho from $154.00 to $144.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm presently has a…
Fake travel insurance claims surge 85% as fraud costs UK £1billion
Insurers detected a staggering £1.34billion worth of fraudulent claims in 2025, with travel recording the highest increase of cases. The latest data from the Association of British Insurers reveals that insurers uncovered a 14 per cent…
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