Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
China Life's revenue surges as insurer plans deeper push into AI and biotech
China Life Insurance, the country's largest life insurer, has posted record highs in its first-half results, and says it will scale up investments in technology-related sectors while seeking to become a long-term partner for innovative enterprises.
Australian insurers' profit slips
Australia's general insurance industry recorded a 5% year-on-year decline in second-quarter after-tax profit to 2.2 billion Australian dollars ($1.6 billion), contributing to a 28% drop in first-half profit to AUD5.3 billion, according to the…
As AI agents go rogue, cyber insurers are adapting their policies
Cyber insurers have spent years defining what constitutes a hack and when coverage should pay out, but the rapid emergence of AI agents is raising new questions, forcing insurers to review their policies. SCROLL TO CONTINUE WITH CONTENT Leading AI…
What Nepal tourists need to know about travel insurance
In the wake of the deadly flash floods across Nepal, here is what you need to know about travel insurance if you are planning a trip or are already in the country. I'm already in Nepal. Am I covered? “Natural disasters such as floods and…
Labor Department to propose expansion of association health plans, which could lower insurance costs for some workers
The Trump administration is preparing to propose a rule to address the definition of 'employer' as it pertains to health plans offered by associations. Depending on the specifics of the proposal, it could potentially lower costs for certain…
Will plug-in solar panels affect your home insurance - and are they covered by your policy? I asked an insurance expert
Plug-in solar panels are now legal in the UK, and they could have a real impact on your energy bills, but before you install them, you should know what impact they're likely to have on your home insurance. The panels themselves are very easy to fit…
Two million at risk of £300 car insurance fine ahead of September rule change
Motorists could be slapped with a hefty fine and penalty points for a simple mistake Two million motorists could be at risk of a £300 car insurance penalty when trying to take advantage of new rules changes this September, according to…
Maggie's calls for fairer deal for people with cancer in the travel insurance market
Maggie's, the expert cancer charity, is calling for the Treasury to work with cancer charities, the Financial Conduct Authority, consumer groups, industry experts and insurers to create a fairer deal for people with cancer in the travel insurance…
Did a letter trigger a national policy change expanding postal life insurance cover?
A policy change does not always originate in a conference hall or a government office. At times, it is sparked by a citizen's voice calling for something better. A letter written by Anche Kotresh, an activist from Kotturu and a serving postmaster…
Strong Ontario, Quebec summer storms led to $439M in insured damage: report
New industry estimates suggest powerful thunderstorms across Ontario and Quebec during the week of Canada Day caused $439 million in insured damage. The damage estimates from Catastrophe Indices and Quantification Inc. offer a snapshot of the…
Biosimilars reduce financial burden for cancer patients and insurers
Biologic drugs play an important role in treating cancers such as breast cancer and lymphoma, but their high costs can add to the financial burden of cancer care. Now, lower-cost versions known as biosimilars are gaining ground, and a new study led…
Skipping title insurance in a mortgage refinance isn't worth the risk
Key insight: An FHFA program that allows some homeowners to finance without mortgage insurance is the first step down the slippery slope to a more volatile mortgage market. Supporting data: In 2025 alone, roughly 8.8 million non-mortgage liens and…
Property insurance companies warn of rising costs under Gov. Newsom's wildfire proposal
Updated: 6:52 PM PDT Aug 27, 2026 Editorial Standards ⓘ Property insurance companies warn of rising costs under Gov. Newsom's wildfire proposal Updated: 6:52 PM PDT Aug 27, 2026 Editorial Standards ⓘ SACRAMENTO, Calif. — The…
New Illinois law sets license, insurance requirements for e-bike riders
Editor's Note: The video in the above player is from a previous report. Some e-bike users will be required to have a license and insurance to ride in Illinois starting next year thanks to new legislation signed by Governor JB Pritzker on Wednesday.
Uber's Rising Rideshare Fares Aren't Helping Its Drivers With Inflation Or Rising Insurance Costs
Just three years ago, Uber's CEO Dara Khosrowshahi told Wired in an interview that the company's rising fare rates could be attributed to inflation and the need to pay drivers more. At the time, the rideshare app's rates had reportedly increased…
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