Insurance Industry News

Insurance AI Implementation: Why The Software Playbook Doesn't Work

Chaz Perera is the Co-Founder and CEO of Bevaya, an AI agent platform built for insurance. ​Insurance companies have been used to buying software for so long that when it comes time to transition over to insurance AI tools, they continue…

Gerber Life Insurance Review 2026: Coverage, Cost & Insights

Gerber Life sells life insurance for children and adults. Costs for its well-known Grow-Up Plan are higher than average, but coverage doubles at age 18. Many policies are available quickly and without a medical exam. Known for children's life…

Slovenia's insurance market grows 34%

Slovenian insurers recorded a 34% year-on-year growth in gross written premiums to 3.4 billion euros ($3.9 billion) in 2025, according to the country's statistical office, SeeNews reported. The four largest insurers combined accounted for over 85%…

How much is business insurance? Average costs explained

ACKO Health Insurance campaign puts everyday health choices in focus

ACKO has launched a national digital campaign for its health insurance business, featuring content creators who turn down everyday temptations in favour of healthier choices. Titled “For people who don't compromise”, the campaign…

Insurer Great Eastern Invests in Granite Private Credit Fund

Singapore-based insurer Great Eastern Holdings Ltd. is backing Granite Asia 's inaugural private credit fund, according to people familiar with the matter, the latest example of an insurance company putting money into private credit. Great Eastern…

Parsing the major changes coming to Deschutes County health insurance markets

Health insurance changes coming to Oregon in 2027 will cause a major transition for consumers and providers throughout Deschutes County as multiple insurance providers pull out of the individual market, Oregon opens its own marketplace, and…

Mexican insurers' premium growth slows

Mexican insurers recorded a 5% year-on-year increase in direct premiums to 559 billion Mexican pesos ($33 billion) in the first half of 2026, according to the Mexican Association of Insurance Institutions, Mexico Business News reported. The…

Saudis considering state-backed insurance to increase Middle East shipping

Riyadh is considering a state-backed war and political risk insurance scheme to cover ships operating in the region and recently held talks with brokers in London on the issue, the Financial Times reported earlier this week, citing individuals…

Business Insurance names 2026 Herndon Award winner

Claims executive, insurance broker and longtime industry advocate Dwight Geddes is the 2026 Alonzo Herndon Award winner. The award recognizes an individual dedicated to advancing diversity and inclusion efforts in the insurance industry. Board…

Investigation into Dodgers owner is a reminder that 'zombie insurers' walk among us - critics warn 'they will blow up

Last year was a busy one for Mark Walter. Not only did he buy a majority ownership in the Los Angeles Lakers, he also became the subject of a federal investigation into whether his companies, including several insurance firms, properly…

SentinelOne Has a Powerful Hidden Edge as Cyber Insurance Turns Critical

SentinelOne (S -0.05%) may have an overlooked advantage hiding inside the cyber insurance market. Insurance pressure, autonomous AI, and faster incident investigations could make its platform increasingly valuable and harder to replace. The…

Cracking Down on Big Insurance in … Oklahoma?

The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. This summer, Oklahoma Attorney General Gentner Drummond filed a pair of lawsuits against Allstate…

Car insurance rates climbing again, reversing last year's drop

In 2025, car insurance premiums did something they rarely do — they fell 6%. But that relief appears to be fading. Insurance comparison company Insurify reports 27 states have already seen rates increase in the first half of this year. By…

Generali Central Insurance examining health insurance product that will link premiums to policyholder's location

Generali Central Insurance Company is exploring introducing a health insurance product that will link premiums to the location of a policyholder. Further, it is also weighing if covers for cyber-related risks faced by bank depositors and identity…