Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Do you need political risk insurance? How to insure your business amid uncertainty
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
What Is Return-of-Premium (ROP) Insurance?
Return of premium life insurance refunds the total base premiums paid if you outlive your policy term or, in permanent policies, reach certain policy milestones. ROP insurance is significantly more expensive than standard coverage, with ROP term…
New data puts a number on the insurance-safety gap in trucking
No federal or state law requires an insurance company to evaluate a motor carrier's safety fitness before binding a commercial trucking policy. Every for-hire interstate carrier must carry minimum liability coverage to operate, but the process by…
Japan plans major insurance change to tackle falling birth rate
Japan is poised to eliminate out-of-pocket costs for childbirth under an expanded public health insurance initiative, as policymakers race to slow country's declining birth rate. The number of babies born in Japan fell for the 10th straight year in…
Insurers, brokers react to data center boom
The acceleration in data center construction has drawn a robust response from the insurance sector, which is deploying billions in new insurance capacity, consolidating coverage for ease of administration to support ever-larger projects and…
Everest agrees to sell Canadian retail insurance business
0909caa9-6998-48df-98d2-170a04b55634 Jim Williamson, CEO of Everest Group (Photograph supplied) Global specialty insurer and reinsurer Everest Group has agreed to sell its Canadian retail insurance operations to the Wawanesa Mutual Insurance…
IAK: Understanding The Structure And Suitability Of This Insurance ETF (NYSEARCA:IAK)
The iShares U.S. Insurance ETF offers diversified exposure to U.S.-listed property & casualty and life insurance companies, tracking the Dow Jones U.S. Select Insurance Index. IAK provides broader diversification than peers, with 58 holdings and a…
Underwriting profit nearly triples for US P&C insurers
Search 820a8182-8bdd-47cd-ae52-5e2e24a9ff9b Profitable year: fewer catastrophe losses helped to boost US insurers' net income Reduced catastrophe losses helped the US property-and-casualty insurance industry to nearly triple its underwriting…
State pension update over changes to National Insurance qualifying years
The qualifying rules for the state pension are changing soon The DWP could bring in further changes to the qualifying rules for the state pension. The update comes as the eligibility for the state pension is already changing this year. You can…
Banks face climate stress as home insurance crisis widens
The annual bill for cleaning up natural disasters caused by climate change could more than double over the next two decades, drastically worsening insurance affordability and amplifying risks for banks and the broader financial system, the…
HDFC Life Insurance gets I-T order for ₹172 crore
HDFC Life Insurance Company has received an Income Tax order asking it to pay a little over ₹172 crore. Consisting of ₹126.46 crore tax demand, ₹45.55 crore interest, and nil penalty, the order from the Income Tax authorities…
Consumers don't believe multiple recent health insurance hikes are justified
The Health Insurance Authority (HIA) found that the vast majority of those with private medical cover do not shop around for better value and most have never switched plan or provider. There have been dozens of rises announced by all insurers in…
Rep. Elmer: On Providence exiting health insurance market
House Republican Leader Responds to Announcement that Providence is at Risk of Exiting the Health Insurance Market By Oregon House Republican Caucus, SALEM, Ore. — House Republican Leader Lucetta Elmer (R-McMinnville) released the following…
Insurance rates are lower in Virginia than DC and Maryland
This regularly scheduled sponsored column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. If you would like to work with Eli and his team in Northern Virginia and the greater D.C. Metro area, you can reach him directly at…
Best Company for Medical Insurance in India: Which One Should You Trust?
It's tough to pick medical insurance in India, as it seems more of a gamble than anything else. Muddled terminology, so many plans and horror stories of claims make finding The best company for medical insurance in India a daunting process. Through…
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