Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Admiral UK insurance to cut 500 jobs to save £100m
Insurer Admiral will cut 500 jobs in the UK to save £100m, it has announced. The proposals are related to Admiral's UK insurance business only, and will affect about 5% of its workforce. 'We recognise this will be a difficult time for…
Trump team boots 760,000 from health insurance - and their reasoning is bonkers
Trump administration officials said they booted thousands of people from their health coverage because they never filed claims and could not be contacted — and the internet had a field day pointing out the problem with the thinking. On…
Four new insurers registered in August
deca1505-f458-4c26-bb87-3ffb78216569 Created: Sep 23, 2026 05:43 PM (Updated: Sep 23, 2026 05:44 PM) The Bermuda Monetary Authority experienced a quieter month for insurance registrations. The regulator confirmed four new registrations in August…
BMA proposes framework for failing insurers
9d8b98b7-f303-4e45-8714-599376b4ce35 Created: Sep 23, 2026 02:22 PM (Updated: Sep 23, 2026 02:23 PM) Resolution proposals: the BMA is seeking feedback (File photograph) The Bermuda Monetary Authority has proposed a framework for dealing with…
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How the latest consumer court order could change the way policyholders approach critical illness insurance
Critical illness insurance is meant to pay out at the moment a family can least afford delay, yet a recent consumer forum order shows how often that promise breaks down in practice. The Fatehabad District Consumer Commission in Haryana has directed…
Insured flood losses estimated at $314 million
Toronto-based Catastrophe Indices and Quantification Inc. has issued its third industry loss estimate of 442 million Canadian dollars ($314 million) for the June 2026 flooding in Montreal's West Island and surrounding areas, Artemis reported.
Insurers say they're starting to write new California homeowner policies, but how many?
This story was originally published by CalMatters. Sign up for their newsletters. Insurance companies are starting to write new policies in California again after years of holding back as wildfire risk climbed higher. The state Insurance Department…
Watchdog again blocks sale of RAC WA insurance arm to east-coast giant
The competition regulator has again blocked the sale of RAC to the east-coast-based IAG, saying it would reduce competition in WA's insurance markets and increase premiums. The RAC maintains that members would be better off under a national insurer…
Property and casualty insurers contribute to a stronger, more resilient Canadian economy
New report highlights the industry's contributions to jobs, investment, tax revenues and economic growth across Canada TORONTO, Sept. 23, 2026 /CNW/ -- Today, Insurance Bureau of Canada (IBC) released its InsurEconomy 2026 report, which highlights…
Report: insurers set to double AI spending over three years
6f263cee-830b-4736-af42-e9b718ecaf8b Tech advances: insurers are targeting efficiency and revenue gains from AI (Adobe stock image) Insurers and reinsurers plan to more than double their spending on artificial intelligence over the next three years…
Check Your Mail. JD Vance Might Have Canceled Your Health Insurance.
Vice President JD Vance and Dr. Mehmet Oz, the head of the Centers for Medicare and Medicaid Services, held a press conference Tuesday to announce that they'd stopped $2.2 billion in fraud. But the fraud in question wasn't the latest pay-for-play…
Paychex reaffirms FY2027 guidance, updates PEO and insurance growth to 7%-8% with Q2 revenue growth expected at ~4% (NASDAQ:PAYX)
Earnings Call Insights: Paychex (PAYX) Q1 fiscal 2027 'We delivered a solid start to fiscal year '27 with double-digit growth in operating income and earnings per share' driven by 'total revenue growth of 6%' and 'strong revenue growth in PEO and…
Banks, insurers, consumer inertia stocks face pressure from Meta's Muse, AI disruption fears (META:NASDAQ)
Banks, insurers, and other related stocks that depend on consumer inertia came under pressure from the early popularity of Meta's (META) Muse, an AI agent that executes multi-step tasks on a user's behalf. Muse is directly marketed at consumers and…
NFL Trade Pitch Sends Commanders 'Terrific Insurance' After Jayden Daniels Injury
The Washington Commanders are moving forward with Marcus Mariota as their starting quarterback with Jayden Daniels suffering another elbow injury. It remains unclear how long this latest elbow ailment might sideline Daniels. But NFL Network's Ian…
Buffalo Bills Bring Familiar Penn State Product Back to Orchard Park for DL Insurance
The Buffalo Bills are filling their lone practice squad vacancy by bringing back a familiar face. After the Miami Dolphins officially signed outside linebacker Andre Jones off the Bills' practice squad on Tuesday, Buffalo responded by pulling…
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