Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Beware These Insurance Sales Traps
If a bank sold the policy, complain to its grievance cell and, if necessary, escalate the complaint to the Reserve Bank of India Ombudsman. The Insurance Regulatory and Development Authority of India (Irdai) has imposed a Rs 1 crore penalty on…
India Seeks to Revive Insurance Growth by Slashing Steep Commissions
Welcome to India Edition, Bloomberg's daily dive into what's moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I'm Menaka Doshi. If you didn't receive this directly in your inbox, you can subscribe here, and…
America's Pothole Problem: Can Car Insurance Cover Damage?
Pothole damage is often covered under collision insurance.. Potholes can damage tires, rims, wheel alignment, exhaust system and more. Car insurance does not cover maintenance issues, such as tire damage from prolonged exposure to poor road…
South Africa's Newest Lender Seeks to Take On Banks and Insurers
The fight for banking clients is hotting up in South Africa as the newest entrant works to become the preferred lender in a key sector of the continent's biggest economy. OM Bank is a unit of Old Mutual Ltd., Africa's largest insurer by assets, and…
Insurance Regulators Defend State-Led Model in Reply to Warren
The National Association of Insurance Commissioners defended its supervision of Wall Street's influence over insurers and their bets on private credit, as the group seeks to dispel US Senator Elizabeth Warren's doubts about potential regulatory…
Global marine insurance premiums rise to $42.6 billion
Global marine insurance premiums increased 5.5% to $42.6 billion in 2025, although market conditions remained soft as increased capacity and competition pressured rates, according to the International Union of Marine Insurance, Insurance Asia…
Top Insurance Companies: USAA, New York Life, Farmers Among Standouts In Customer Trust
Over time, the market for auto and home insurance resembles a roller coaster. It cycles through years of soaring prices as insurers retrench and avoid chasing new customers. In go-go periods, by contrast, the market stabilizes. Competition among…
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afaqs! Pause - Nitin Mehta, Chief Distribution Officer, Partnership Distribution & Head Marketing, Bharti AXA Life Insurance
Turning insight into trust. I find it most rewarding when a deep understanding of people, their aspirations, and their concerns helps shape communication and experiences that feel relevant, meaningful, and lasting. I find it most fulfilling is when…
IAG pursues RAC Insurance acquisition despite regulatory rejection
Australia's competition regulator has rejected IAG's proposed $1.35 billion acquisition of RAC Insurance, citing concerns that the deal would significantly increase IAG's market share and reduce competition in Western Australia, Insurance News…
Ramanathapuram farmers express frustration over crop insurance delays
Expressing frustration over unresolved agricultural grievances, Ramanathapuram farmers at the grievance redress meeting here on Friday demanded immediate action against fertilizer shops that failed to display price lists, withhold purchase…
Hurricane tax? Gov candidates Donalds, Jolly on insurance plans
Updated: 5:21 PM EDT Sep 24, 2026 Editorial Standards ⓘ Hurricane tax? Gov candidates Donalds, Jolly on insurance plans | Get The Facts Updated: 5:21 PM EDT Sep 24, 2026 Editorial Standards ⓘ ORLANDO, Fla. — Voters are…
As Health Insurance Costs Soar, Healthcare Workers Also Feel the Pinch
BOISE, Idaho — Joshua and Ashley Durham run a family medicine practice, and for the first time in their lives, they have no health insurance. When the Durhams began their practice at the end of 2023 — he as a primary care physician…
Intelligence doesn't come cheap as AI drives up costs for the NSA, hospitals, and insurers
Nano Banana Pro prompted by THE DECODER The NSA is reportedly spending billions of dollars to test AI models, mostly on computing power. In US health care, AI drives up costs in a different way. It makes care itself more expensive because hospitals…
Search & Exam is Still Manual in Title Insurance
Nearly every step in a real estate closing has gone digital over the past decade. From buyers signing disclosures on a tablet, to notaries working remotely, to lenders running automated underwriting models that clear a loan file in minutes. We've…
Climate risk makes insurance a bigger factor in home pricing
This summer offered another stark reminder that climate risk is no longer a distant consideration for the global property market. Wildfires have swept through some of Europe's best-known tourism and second-home destinations, with communities…
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