Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Insurance for an older dog
Please or to access all these features If you're worried about your pet's health, please speak to a vet or qualified professional. TLDR: Older dogs, insure - yes or no? My last dog was insured until a couple of years before he died. I wasn't sure…
Why the latest farm bill matters, from SNAP benefits to crop insurance
Every five years or so, Congress passes a new farm bill: a big collection of laws that guides agricultural policy within the United States. The bill covers every part of the food cycle in the U.S., from when seeds are planted to when Americans sit…
No maps, no insurance: Michigan floods expose lack of information, preparation in many rural areas
ONAWAY, Mich. — Tom and Diane Peterman tried to buy flood insurance when they moved to their retirement home on the shores of Black Lake 14 years ago, but were told it wasn't available. John Solum was told he wasn't in a flood zone when his…
76% health insurance reimbursement claimants face immediate financial burden: report
Around 76% health insurance reimbursement claimants borrowed or broke investments turning their medical bills into an immediate financial burden, found the latest national consumer insights report released by Policybazaar, an online insurance…
The Latest On The Future Of Social Security
There was a Social Security trust fund created in the 1980's because the surplus of funds generated by raising the Social Security tax rate to 6.2 % could not sit idle, and those funds were invested in U.S. Treasuries. The Treasury spent that money…
Florida's insurer of last resort see reinsurance costs plunge
f9736d42-a4d9-49d9-a6df-d94d88184533 Created: Jun 22, 2026 03:05 PM (Updated: Jun 22, 2026 03:05 PM) Blown over: hurricane damage in Bradenton Beach, Florida in 2024 (File photograph by Rebecca Blackwell/AP) Florida's state insurer of last resort…
AI, regulation, climate risks test insurers
Artificial intelligence, regulatory scrutiny and climate-related losses are emerging as key challenges for insurers, according to U.K.-based Global Insurance Law Connect Ltd., Continuity Insurance and Risk Magazine reported. As a result, insurers…
Convicted art dealer testifies in trial of ex-NOPD officer accused of planning insurance fraud scheme
A Las Vegas appraiser of high-end artwork testified Monday in a federal courtroom that he took his cues from then-New Orleans policeman Christian Claus when he inflated values for a slate of paintings reported stolen from the Lakeview home of…
Does your insurance cover flooding? What consumers need to know
After significant rain led to flooding over the weekend in Montreal and Edmonton, insurance experts are urging Canadians across the country to check their insurance policies to make sure they have adequate coverage for extreme weather. Most…
California is getting ready to increase a health insurance tax. Will it affect your premium?
This story was originally published by CalMatters. Sign up for their newsletters. Legislators this week approved a health tax bill meant to continue critical federal funding for the state's Medicaid program, also known as Medi-Cal. Their approval…
Customers favour cashless health insurance claims process
A nationwide study on health insurance claims experience, in which nearly 2,300 people participated, shows while the system is functional the complexity of the process and the gaps across claim mode, region and hospitalisation frequency call for…
Exclusive | Inside the insurance racket Iran wants to run in the Strait of Hormuz - and how it will devastate Western shipping
As high-stakes negotiations to end the Iran war continue in Switzerland, the maritime industry's message to the White House is clear: Don't allow Iran to formalize its tolling racket over the Strait of Hormuz. Iran wants all commercial shipping…
Gov. Scott vetoed the Legislature's latest attempt to lower health insurance costs. What's next?
When Gov. Phil Scott last week vetoed the Legislature's boldest attempt this year to lower health insurance costs, he said his own package of proposals offered a better alternative. Specifically, in a letter sent to the Senate, Scott highlighted…
Insurance companies use rate shopping to boost returns from private credit
One of the triggers of the global financial crisis of 2008 was the way in which bankers and others used inflated credit ratings supplied by some of the major agencies to boost the value of the assets they held, particularly those based on subprime…
Covid claim denied over 'fake' documents, man wins Rs 2.5 lakh from health insurer
“Insurance companies are expected to act with utmost fairness and good faith while dealing with health insurance claims, especially during the COVID-19 pandemic, situations affecting public health and human lives. In the present case…
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