Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Accused insurance CEO killer could face hurdles with breakdown defense
Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts have said. Mangione…
Questions to Ask Before Buying a Life Insurance Policy
Choose an agent who demonstrates expertise in your needs and can clearly explain the differences among policy types. Ask how the agent calculates your life insurance needs to ensure the recommendation aligns with your financial goals. Review the…
Insurers forecast double-digit premium hikes
Australia's biggest insurers said the rising cost of natural disasters and inflation in the construction industry will increase premiums by double digits each year for the foreseeable future, Australian Financial Review reported. Persistent…
AI-generated complaints create new headaches for insurers
A recent customer complaint filed with one of the top three life insurers in Korea appeared convincing at first glance. It cited what seemed to be relevant laws and argued that the company had misinterpreted them. There was one problem: The law did…
King briefed by Bermuda insurance executives
The 2026 Abir reception at O'Hara House to celebrate Bermuda's summer interns provided them a networking opportunity (Photograph by Marq Philip Rodriguez) During the King's visit in April, Government House and a British junior minister hosted a…
David Littleproud takes on 'parasitic' insurers' in the bush
Maranoa MP David Littleproud has made a formal complaint to the ACCC about crippling insurance premium rises in south-west Queensland. Six councils in the region have decided to become insurers after year-on-year increases in premiums for residents…
SFC seeks share buy-out order against former chairman of Target Insurance
The Securities and Futures Commission (SFC) has commenced legal proceedings seeking an order to require Ng Yu, former chairman of Target Insurance, to buy out public shares due to an alleged breach of fiduciary duties, while also seeking…
Tankers sail through Strait of Hormuz; insurers still cautious
(Reuters) – Three Saudi-flagged supertankers with 6 million barrels of crude onboard and other ships sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran to end their war, ship tracking data…
Emirates introduces 'conflict-related' cover in new travel insurance
Jun 18, 202606:45 GMT by Phil Davies Medical cover for conflict-related incidents is included in new travel insurance being offered by Emirates. The scheme is being backed by airline-managed hotel accommodation and extended-stay support…
Health insurer Bupa signs deal to buy integrated healthcare business
Bupa is making its biggest push into allied and holistic healthcare in Australia, after spending around $450 million to acquire Quadrant Private Equity's Partnered Health. Sources briefed on the deal told Street Talk that the British health…
Program lets farmers band together for health insurance plans
For Doug Barrie, a fifth-generation farmer in East Idaho, the options for affordable health insurance have been slim pickings. The employees at his farm in Ucon include him, his son and a handful of others, depending on the time of year. He's not…
Trump Celebrates Lower Car Insurance After Huge Cuts in Illegal Immigration
President Donald Trump is taking credit for lower car insurance rates since his border policies choked off the flow of illegal migrants that spiked accidents, thefts, and costs all across the country. Trump took to his Truth Social account on…
South Korea's hair-loss insurance proposal sparks backlash
SEOUL – South Korea is weighing whether to extend national health insurance coverage to common hair-loss treatments, a proposal that has sparked growing backlash from doctors and patient advocacy groups. The debate centres on whether…
IRDAI forms AI working group to guide insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a working group on AI for guiding regulated entities in the insurance sector on adoption, governance and oversight of AI technologies. The working group, chaired by…
New Statistics Canada report confirms extreme weather reshaping Canada's home insurance market
Insurance Bureau of Canada calls on governments to take immediate action on resilience OTTAWA, ON, June 17, 2026 /CNW/ - A new report, released yesterday by Statistics Canada, underscores a growing reality for Canadians: Extreme weather is…
Receive a Daily briefing on Insurance Industry News
Get Started