Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
USAA Car Insurance Review: Cost, Coverage and Trends
USAA received 4 out of 5 stars in our analysis of car insurance companies. USAA offers the lowest average rates for those shopping for state-minimum coverage and for drivers with a speeding ticket or at-fault accident on their records, among the…
EverQuote: Insurer Spending Recovery Supports Further Growth (NASDAQ:EVER)
EverQuote is attractively valued, supported by insurer marketing budget recovery, rapid revenue growth, and a debt-free balance sheet. Q2 revenues grew 24% year-over-year to $195.1M, with auto insurance comprising 88% of total revenue and home…
When disaster strikes, is the business insured?
On 10 October, fire tore through GOICO Plaza in Musanze, where about 2,000 traders did business. The Northern Province governor's preliminary estimate puts the value of the goods destroyed at more than Rwf30 billion. The building, valued at Rwf17…
Travelers earnings rise as commercial insurance pricing stabilizes
Travelers reported higher third-quarter earnings Friday as commercial insurance pricing stayed largely stable and investment income rose. Net income increased 2% to $1.92 billion in the quarter, compared with $1.89 billion in the prior-year period.
HUD Expands FHA Mortgage Insurance to Build-to-Rent Communities
The U.S. Department of Housing and Urban Development (HUD) on Oct. 14 expanded Federal Housing Administration (FHA) mortgage insurance to qualifying build-to-rent communities, opening a federal financing route for rental developments of houses and…
How Insurance Coverage Reaches Hard-To-Place Businesses.
Like Like Love Haha Wow Sad Angry Standard insurance products may not address every business operation, contract, or exposure. Specialty placements depend on clear communication among the business, insurance professionals, underwriters, and…
Is it still worth having health insurance?
Are you likely to be better off taking health insurance, or saving up a sum of money to pay for any treatment you might need, yourself? Health insurance has been back in the news this week after celebrity chef Simon Gault said he was disappointed…
777 Partners founder's guilty plea deepens scrutiny of Wall Street's insurance trade
The founder of 777 Partners, the poster child for the underbelly of Wall Street's insurance push, pleaded guilty to fraud Thursday. A Semafor investigation in 2023 found that 777, which announced itself with a bold bid to buy UK soccer club…
France's summer wildfires could cost insurers up to 563 mln euros
France experienced its hottest summer on record in 2026, marked by heatwaves, drought and massive wildfires. The southwestern regions of Gironde and Landes, along with the southeastern region of Var, were ravaged by forest fires that spread rapidly…
Orange NJ Schools Insurance Switch Leaves Staff Struggling
Teachers and staff in Orange Township Public Schools say a health insurance switch meant to save the district money has instead left some of them paying out of pocket for care they thought was covered, fighting unpaid claims months after the change…
Australian car insurance premiums surge almost 60% as repair costs and skills shortages bite
Australian motorists are facing another cost-of-living squeeze as comprehensive car insurance premiums continue to rise well ahead of inflation, with some policies now almost 60% more expensive than four years ago. The latest increases come after…
Promising Insurance Stocks To Watch Today - October 16th
Big Banks Report Strong Earnings—So Why Are Shares Falling? Wells Fargo & Company, Berkshire Hathaway, CCC Intelligent Solutions Holdings Inc. Common Stock, Travelers Companies, United Parcel Service, Progressive, and AON are the seven…
Canada's Fairfax proposes transfer to Go Digit insurance, IIFL Capital interests to IDBI Bank
To make IDBI Bank a leading global Indian bank over time, Canada -based Fairfax Financial Holdings Ltd (FFHL) proposes to “contribute” all of its interests in Go Digit Life Insurance and Go Digit General Insurance (collectively…
Bill Ackman Is Directing Up to $3 Billion Into Howard Hughes' Insurance Arm, Vantage, as Part of His Plan to Build a Modern Berkshire Hathaway. Is HHH Stock the Way to Play His Buffett Ambitions?
Ever since Warren Buffett built Berkshire Hathaway around ownership of insurance companies, many have attempted to copy his approach. Unlike traditional insurance stocks, which seek to profit by investing insurance premiums in fixed-income…
Why a 62-Year-Old With $280,000 Saved Will Push Carts at Costco Instead of Writing a $1,100-a-Month Check for Health Insurance
Imagine a 62-year-old single woman with $280,000 in a traditional IRA who plans to claim Social Security at 67. She needs about $42,000 a year from the IRA to cover her bills. Her biggest problem is the three years before Medicare, as an…
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