Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hidden Travel Insurance Exclusions You Should Check Before Your Trip
Tourists on a Zodiac cruise observe Gentoo penguins in Antarctica, a remote destination that requires specialized medical evacuation coverage. Before Janice Lintz visited the South Pole, she asked her travel insurance company a simple question:…
How to find the best travel insurance for you - and avoid costly mistakes
When preparing for a trip, travel cover is frequently bought in a hurry, with cost often being the sole consideration. But selecting a policy that fails to properly address your personal circumstances or trip itinerary may turn into an expensive…
Non-life insurers set sights on global specialty market as new growth engine
Major Korean non-life insurers are stepping up their push into the global specialty insurance market for new growth opportunities as the domestic market matures, with KB Insurance becoming the latest to pursue a foothold at Lloyd's of London…
Home insurers pocket $8.8M a day in investment income when claims are delayed, new analysis finds
Home insurance is supposed to be there when things go wrong. A fire, flood or damaged roof can leave homeowners facing tens of thousands of dollars in repairs and insurance is meant to help soften that financial blow. But while homeowners wait for…
Healthcare freefall: Subsidy cuts, insurance gaps reshape how Coloradans will seek care
Editor's Note: Colorado's healthcare system is entering a period of accelerating instability — a “tsunami,” as multiple leaders describe it — driven by collapsing hospital finances, shrinking Medicaid reimbursements…
Informed consumers can shape insurance markets
One of the defining characteristics of mature consumer markets is not simply the abundance of products, but the quality of consumer decision-making. Across sectors, rising financial awareness, easier access to information and digital discovery are…
Busan latest to turn to 'climate insurance' as extreme weather worsens
Similar to programs in Gyeonggi and Jeju, Busan's proposal would compensate residents for illnesses linked to heat waves, cold spells and heavy rain More South Korean municipalities are introducing so-called “climate insurance,” a new…
Vermont wants to train the next generation of physicians. How much should insured Vermonters be paying for it? - VTDigger
Teaching and training the next generation of physicians is expensive work. And commercial insurers are footing more than half that bill in Vermont through their payments for care, according to an independent analysis. Nearly $82 million of…
87,845 Shares in The Hartford Insurance Group, Inc. $HIG Acquired by Daiichi Life Insurance Co. Ltd.
Daiichi Life Insurance Co. Ltd. acquired a new stake in The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 87,845 shares of…
Varma Mutual Pension Insurance Co Purchases New Position in PPG Industries, Inc. $PPG
Varma Mutual Pension Insurance Co acquired a new position in shares of PPG Industries, Inc. (NYSE:PPG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The…
Varma Mutual Pension Insurance Co Makes New Investment in ConocoPhillips $COP
Varma Mutual Pension Insurance Co bought a new stake in shares of ConocoPhillips (NYSE:COP - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 250,052 shares of the energy producer's…
Daiichi Life Insurance Co. Ltd. Takes Position in Prologis, Inc. $PLD
Daiichi Life Insurance Co. Ltd. acquired a new stake in Prologis, Inc. (NYSE:PLD - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,551…
Sumitomo Life Insurance Co. Buys New Position in Salesforce Inc. $CRM
Sumitomo Life Insurance Co. purchased a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm…
Daiichi Life Insurance Co. Ltd. Takes Position in FedEx Corporation $FDX
Daiichi Life Insurance Co. Ltd. bought a new position in shares of FedEx Corporation (NYSE:FDX - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor…
Varma Mutual Pension Insurance Co Takes Position in Howmet Aerospace Inc. $HWM
Varma Mutual Pension Insurance Co bought a new stake in Howmet Aerospace Inc. (NYSE:HWM - Free Report) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 67,654 shares of the company's stock, valued at…
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