Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Surfing's big break: how climate crisis insurance may save El Salvador's waves
In the late 1990s in El Salvador, Rodrigo Barraza went in search of every surfer's dream: a pristine wave, far from the crowds. Down a rough dirt track hours from any city, he found it: a little-known surf spot on the country's eastern shores…
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Indemnity Insurance Explained: Coverage, Benefits, and Examples
Indemnity insurance provides financial protection for businesses and professionals against certain liabilities, particularly when the insured party is identified as responsible for an incident or oversight. Indemnity insurance provides compensation…
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Understanding Subrogation in Insurance: Importance & How It Works
Subrogation allows an insurance company to recover the cost of a claim from the responsible party, ensuring that the at-fault party ultimately covers the expenses. Subrogation allows insurance companies to quickly pay out claims to their…
Chiefs trade for Justin Fields as Patrick Mahomes insurance
The 2025 NFL season was one to forget for Kansas City Chiefs fans. After spending the better-half of the past decade sleepwalking until the AFC Championship Game, the Chiefs found themselves on the outside looking in on the playoffs, this past…
The Best Car Insurance in Oklahoma 2026
Progressive has the best car insurance in Oklahoma thanks to highly competitive rates. USAA and Geico are also top-scoring insurers in the state. The average monthly cost of full coverage in Oklahoma is $178; minimum coverage cost an average of $57…
A Tesla partnership, autonomous vehicle driving will give this insurance stock a boost, says Morgan Stanley
Lemonade stands to benefit from its improving positioning in autonomous auto insurance, according to Morgan Stanley. The bank upgraded the insurance stock to overweight from equal weight. Analyst Bob Jian Huang's new price target of $85, up from…
Hormuz Insurance Rates Spike After Vessel Strikes - TT
Oil tankers and ships line up in the Strait of Hormuz on March 11. (Altaf Qadri/Associated Press) Insurance for ships transiting the Strait of Hormuz remains available but now costs about 5% of a vessel's value amid escalating regional attacks. The…
Best Car Insurance in North Dakota 2026
Progressive is the best car insurance company in South Dakota, largely thanks to excellent rates. Nationwide is also one of the best insurers in the state. Car insurance companies in South Dakota charge $189 monthly on average for full coverage car…
US taps Chubb for $20bn maritime insurance backstop
d0619b8c-2d99-48ca-b4b2-fb66e182e27b A group of people camp on a beach overlooking the Strait of Hormuz, with oil tankers and cargo ships in the background, near Khor Fakkan, United Arab Emirates, on Wednesday (Photograph by AP/Altaf Qadri) The…
Shipping Insurance Costs to Cross Hormuz Soar After Ship Attacks
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen…
College taps Cathy Duffy to lead new insurance course
763fd605-415d-4453-8e42-c7b67e362936 New role: Cathy Duffy (Photograph supplied) Bermuda College has appointed a senior insurance leader to help develop what is intended to become Bermuda's first formal academic pathway in insurance. Cathy Duffy…
CEO: training must evolve as AI changes insurance work
Evolving industry: pictured, from left, are Robert Bisset, David Govrin and Danish Iqbal on a CEO panel at the Bermuda Risk Summit (Photograph supplied) As artificial intelligence tools take over more entry-level tasks, the re/insurance industry…
What to know about travel insurance cover amid Middle East war
At airports across Australia, some Middle East carriers remain grounded. Flights from hubs like the UAE and Qatar are operating, but only at a reduced capacity. If you have a trip coming up that goes through the Middle East, you may be wondering…
Motor Insurance: Moving Beyond Compliance to Practical Protection
For years, motor insurance in India has largely been viewed as a regulatory checkbox – a mandatory cover to keep you legally compliant on the road. But that perception is changing. Rising repair costs, increasingly sophisticated vehicle…
College taps Cathy Duffy to lead new insurance course
763fd605-415d-4453-8e42-c7b67e362936 Created: Mar 16, 2026 03:43 PM (Updated: Mar 16, 2026 03:53 PM) New role: Cathy Duffy (Photograph supplied) Bermuda College has appointed a senior insurance leader to help develop what is intended to become…
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