Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Amid Spiking Insurance Claims, Pennsylvania Invests In Wildlife Crossings
A deer crossing the road in front of a car at night. Pennsylvania is creating its first group of 11 stakeholder agencies to guide wildlife crossing investments, a move likely to lower vehicle collision insurance claims. State officials have been…
The Mortgage Insurance That Never Goes Away
FHA loans win the comparison on day one — lower rate, lower credit requirement, 3.5% down. The comparison changes around year seven, when a conventional borrower's mortgage insurance disappears and an FHA borrower's does not. You'll learn…
Lemonade Stock: Growth Is Working, But The Insurance Economics Still Are Not (NYSE:LMND)
Lemonade grew gross earned premiums by 32% while improving its reported gross loss ratio to 60%, demonstrating that growth no longer necessarily comes at the expense of claims performance. The reported loss ratio benefited from seven points of…
A Major Insurer Backed This Startup After It Solved a Costly Problem No One Else Could
Harry DiFrancesco has been his father's sole caregiver for more than a decade. After his dad had a serious heart event, he was prescribed a rehabilitation program, a series of exercises and nutrition interventions designed to get him back to…
Celebrities who have insured bizarre body parts for millions of dollars
These celebrities have reportedly taken out eye-watering insurance policies worth millions, proving that sometimes a body part can be just as valuable as a decades-long career. Join HELLO! as we discover the A-listers whose most famous features…
U.S. sanctions Iran-linked bitcoin insurance scheme for Strait of Hormuz ships
The U.S. Treasury sanctioned two Iranian maritime insurance entities, Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority, accusing them of running an extortion scheme that funneled funds to the Islamic Revolutionary…
Abbott campaigns on affordability , wants to lower insurance costs
(The Center Square) – As Gov. Greg Abbott campaigns for his fourth term in office, he's engaging in a statewide “affordability tour” to discuss his plan to reduce costs for Texans. Under the Biden and Trump administrations, the…
Securing your golden years: A guide to retirement health insurance planning
Medical needs vary with age, and it's essential to anticipate them and manage the expenses to make sure of a safe, stress-free life. Senior citizens health insurance, in fact, can be a monetary shield that protects the senior citizens from any…
How Insurance Fraud Costs Honest Drivers - How to Stop It
I came across a video recently from personal injury attorney Mike Rafi that laid out one of the most blatant insurance fraud schemes I can remember seeing — minus the guy dressed in a gorilla suit tearing up a car. It's called Operation…
Darts star Beau Greaves gets eyes insured by Specsavers for £1m
Women's darts sensation Beau Greaves has had her eyes insured for £1m by opticians Specsavers. The stunt came after Greaves, a 22-year-old from Doncaster who wears glasses, won a third Women's World Matchplay at the weekend when she beat…
Medicare Advantage Insurers Are Redrawing the Map for 2027. Members Find Out by Letter This Fall.
Sometime between now and September 30, Medicare Advantage members across the country will pull an envelope out of the mailbox and learn what their coverage may look like in 2027. Most will receive an Annual Notice of Change. Members whose plan is…
Parametric climate insurance can help safeguard India's ₹52 lakh crore agriculture economy in El Niño year
India's agriculture is moving towards a stage where risks posed by climate become a structural risk. Climate stresses among the farmers of India start from the monsoons. Rainfall does not occur in predictable patterns anymore, but comes later or…
Centaurus Financial Inc. Invests $986,000 in Skyward Specialty Insurance Group, Inc. $SKWD
Centaurus Financial Inc. bought a new stake in shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 22,562 shares of the company's…
Universal Insurance (NYSE:UVE) Raised to Strong-Buy at Wall Street Zen
Universal Insurance (NYSE:UVE - Get Free Report) was upgraded by research analysts at Wall Street Zen from a 'buy' rating to a 'strong-buy' rating in a research note issued on Saturday. 3 Analyst-Backed Stocks the Market Is Getting Totally Wrong…
Alphabet Inc. $GOOGL Shares Sold by Clal Insurance Enterprises Holdings Ltd
Clal Insurance Enterprises Holdings Ltd trimmed its holdings in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 0.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The…
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