Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How to find the best travel insurance for you - and avoid costly mistakes
When preparing for a trip, travel cover is frequently bought in a hurry, with cost often being the sole consideration. But selecting a policy that fails to properly address your personal circumstances or trip itinerary may turn into an expensive…
Insurance shows Hormuz is a balance sheet, not just a battlefield
Here's the number that tells you more about this crisis than any missile count: War-risk insurance on a tanker passing through Hormuz used to run about 0.15 percent of the vessel's value. Barely worth mentioning on a shipping company's books. At…
Non-life insurers set sights on global specialty market as new growth engine
Major Korean non-life insurers are stepping up their push into the global specialty insurance market for new growth opportunities as the domestic market matures, with KB Insurance becoming the latest to pursue a foothold at Lloyd's of London…
Home insurers pocket $8.8M a day in investment income when claims are delayed, new analysis finds
Home insurance is supposed to be there when things go wrong. A fire, flood or damaged roof can leave homeowners facing tens of thousands of dollars in repairs and insurance is meant to help soften that financial blow. But while homeowners wait for…
Martin Lewis MSE issues warning to everyone with car insurance
MSE has advised motorists to not automatically renew their insurance Money Saving Expert has issued a warning to everyone paying for car insurance. The financial tool that issues money-saving advice has advised motorists not to automatically renew…
AppleCare Vs. Carrier Insurance: Which iPhone Protection Plan Has Better Value?
If you're looking at buying a new phone, you may already know that Apple raised prices of most products, but your iPhone still costs the same (for now). Although the iPhone prices have not yet increased, many suspect that they will soon as a result…
Healthcare freefall: Subsidy cuts, insurance gaps reshape how Coloradans will seek care
Editor's Note: Colorado's healthcare system is entering a period of accelerating instability — a “tsunami,” as multiple leaders describe it — driven by collapsing hospital finances, shrinking Medicaid reimbursements…
Informed consumers can shape insurance markets
One of the defining characteristics of mature consumer markets is not simply the abundance of products, but the quality of consumer decision-making. Across sectors, rising financial awareness, easier access to information and digital discovery are…
Busan latest to turn to 'climate insurance' as extreme weather worsens
Similar to programs in Gyeonggi and Jeju, Busan's proposal would compensate residents for illnesses linked to heat waves, cold spells and heavy rain More South Korean municipalities are introducing so-called “climate insurance,” a new…
Vermont wants to train the next generation of physicians. How much should insured Vermonters be paying for it? - VTDigger
Teaching and training the next generation of physicians is expensive work. And commercial insurers are footing more than half that bill in Vermont through their payments for care, according to an independent analysis. Nearly $82 million of…
87,845 Shares in The Hartford Insurance Group, Inc. $HIG Acquired by Daiichi Life Insurance Co. Ltd.
Daiichi Life Insurance Co. Ltd. acquired a new stake in The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 87,845 shares of…
Varma Mutual Pension Insurance Co Purchases New Position in PPG Industries, Inc. $PPG
Varma Mutual Pension Insurance Co acquired a new position in shares of PPG Industries, Inc. (NYSE:PPG - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The…
Sumitomo Life Insurance Co. Buys New Position in Salesforce Inc. $CRM
Sumitomo Life Insurance Co. purchased a new position in shares of Salesforce Inc. (NYSE:CRM - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm…
Varma Mutual Pension Insurance Co Makes New Investment in ConocoPhillips $COP
Varma Mutual Pension Insurance Co bought a new stake in shares of ConocoPhillips (NYSE:COP - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 250,052 shares of the energy producer's…
Daiichi Life Insurance Co. Ltd. Takes Position in Prologis, Inc. $PLD
Daiichi Life Insurance Co. Ltd. acquired a new stake in Prologis, Inc. (NYSE:PLD - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,551…
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