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 Pick The Right Health Insurance If You're Always Sick
High-deductible plans can work for women with chronic conditions when paired with an HSA because the tax savings help offset frequent medical costs. Does this time of year stress you out? Not because of the holiday shopping, but because you have to…
Aussie car insurance cheaper for non-binary customers
Gender identity impacts car insurance quotes Men and women paying more than some non-binary drivers READ MORE: Anthony Albanese to launch crackdown on NDIS providers Aussie drivers who identify as non-binary can save hundreds of dollars a year in…
Car insurance warning as 16,000 customers no longer covered from today
Thousands of drivers may no longer have valid car insurance as of today after a provider went bust. Premier Insurance Company Limited, a Gibraltar-based insurer that provided car and motorcycle insurance policies for UK customers, collapsed into…
Are You Insured Against Terrorism?
'Reviewing terms such as war, invasion, acts of foreign enemies or hostilities, which often appear in industry exclusion lists, can help avoid surprises at the time of claim.' The recent blast near the Red Fort in Delhi has highlighted the need for…
Overseas expansion lifts Singapore's insurers
Singapore's non-life insurance sector continued to grow over the past year as foreign business expanded and brokers increasingly placed regional risks in the market, according to A.M. Best, Insurance Asia reported. However, competition from global…
HK Insurers May Face Record Claims From Deadly Fire
Hong Kong is mourning the victims of the residential tower fire that left at least 146 people dead. Bloomberg Intelligence thinks the city's insurers may be facing record claims. Senior industry analyst, Steven Lam, spoke with David Ingles and…
Fraud Bleeds Insurers Of Rs 10,000 Crore A Year
These losses increase insurance premiums for customers and reduce insurer margins on the other. The insurance industry has been witnessing Rs 8,000 crore to Rs 10,000 crore leak in annual claim payouts due to Fraud, Waste, and Abuse (FWA), with…
Having killed insurance companies, Obamacare threatens economic recovery
President Trump is obviously angered by inflation in health insurance, calling carriers “money sucking.” Major benefit consultants including Aon and WTW are forecasting employer costs for providing coverage in 2026 will rise from 9.5%…
Rebuilding trust in cyber insurance: closing the gap between assumption and evidence
Cyber insurance has become a business essential. Over the past five years, the market has tripled in value, and premiums have risen sharply as ransomware and other cyberattacks drive up payouts. At the same time, obtaining cover has become more…
Policy Landscape of Private Insurance Coverage of Contraception in the U.S.
Access to contraception is a key element in shaping health and well-being for many women in their reproductive years. The Affordable Care Act (ACA) created a minimum set of benefits for most health plans regulated by the federal government and…
Warning for 16,000 drivers who will lose car insurance NOW after firm went bust
THOUSANDS of drivers are to lose their car insurance cover from today after a firm went bust earlier this year. Premier Insurance Company Ltd, which underwrote policies for around 16,000 car and van drivers, collapsed into administration in…
From frozen pipes to skiing injuries: Insurers expand winter coverage
Non-life insurers, which typically focus on fire and auto accident coverage, are expanding their offerings to cover a broader range of winter risks, including repairing burst building pipes and ski-related injuries, as the cold season approaches…
When You Make A Car Insurance Claim - Does GST Apply?
Filing a car insurance claim often brings up a critical doubt for many policyholders, whether GST applies to the cost of repairs or settlement. Since motor vehicle repairs, labour, and spare parts fall under the taxable categories in India…
How much is homeowners insurance on a $400,000 house? Here's what you can expect to pay
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…
Big reset for insurance sector as govt readies sweeping reform Bill
The government's decision to introduce the Insurance Laws (Amendment) Bill, 2025 in the sixth session of 18th Lok Sabha sets the stage for a forward-looking, cohesive reform package that could define the next decade of India's underpenetrated…
Receive a Daily briefing on Insurance Industry News
Get Started