Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Following 'viral heatwave trick' could void your home insurance
Maintaining comfortable temperatures indoors during spells of scorching weather isn't always as straightforward as it seems. As the mercury continues rising, numerous householders are flocking to social media seeking rapid and budget-friendly…
California can make earthquake insurance cheaper by reducing risk
Californians know another major earthquake is coming. The only question is when. Scientists believe that there is more than a 99 percent chance of one or more major earthquakes hitting California in the next 30 years. Yet only about 13 percent of…
EV boom brings higher insurance costs for drivers
When the owner of a Volkswagen ID.5 checked his insurance renewal quote, he had to do a double take. Despite another year of accident-free driving, his annual premium jumped from 430,000 won ($286) to 700,000 won. “Has anyone else's…
Riskiest drivers in Australia revealed by insurers | Compare the Market AU
It turns out age isn't just a number when it comes to your insurance, with new research from Compare the Market showing drivers in high-risk age groups could pay up to $1,200 more than motorists deemed to be less risky. New road users –…
Bridging the affordability gap in term life insurance
India is home to several households where a single income often supports an entire family or even generations. Life insurance is one of the most important financial tools for protecting household income, with term insurance remaining its simplest…
Exclusive | Threat of 'The Big One' sends Californians scrambling for earthquake insurance
A series of earthquakes that have rattled the Golden State have triggered a new kind of aftershock — insurance costs. Californians are scrambling to protect their houses amid fears “ The Big One ” could strike but are being met…
Exclusive | My condo insurance was suddenly canceled in California - now I'm completely exposed
I never thought I'd be writing this as a proud Los Angeles homeowner. Last week, I received notice from Liberty Mutual that my condo insurance policy is being canceled effective October 3. No explanation tied to my claims history or property…
Holiday insurance mistake that could cost some Brits thousands
Holiday insurance mistake that could cost some Brits thousands Millions of Britons using weight loss injections could unknowingly invalidate their travel insurance this summer by failing to disclose the medication before going abroad. With the…
Why car insurance in Birmingham is going up despite premiums falling 13%
Drivers in Birmingham are being told that car insurance premiums are falling, yet many are opening their renewal notices only to find they're paying more than last year. Birmingham has the second highest car insurance costs in the country, only…
IA: persistent crackdown on intermediaries' irregularities to maintain market order
As the licensing authority, the Insurance Authority adopts a risk-based approach in handling licence applications and renewals that involves imposing licensing conditions to restrict certain business models and requiring more frequent reporting to…
Strs Ohio Sells 81,689 Shares of Skyward Specialty Insurance Group, Inc. $SKWD
Strs Ohio trimmed its holdings in shares of Skyward Specialty Insurance Group, Inc. (NASDAQ:SKWD - Free Report) by 93.3% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,900…
The true cost of insurance cover revealed
When it comes to insurance, most people choose to pay month by month to avoid the shock of that big bill at the end of the year. But a new report has revealed a hidden catch, with some insurers failing to show just how much extra it costs to pay…
Reinsurance Tokens Explained: Why RE Protocol Turns Insurance Risk Into an On-Chain Asset
Picture peak hurricane season. Claims are rising, capacity is tight, and carriers are haggling over every basis point of coverage. In past cycles, that pressure bled straight into rates and renewals. This time, there is a new release valve taking…
Rays' 19-year-old backstop wins Futures Game MVP after HR propels AL
PHILADELPHIA -- Sparked by speed and sustained by teenage talent, the American League Futures shone brightest Sunday afternoon at Citizens Bank Park. A sixth-inning homer from 19-year-old Rays catching prospect Nathan Flewelling (TB's No. 2…
The Billionaire Tax Is A Retirement-Security Measure
Long Term Care Insurance news headline, on money California voters face a topsy-turvy choice in November, when two competing ballot measures go head to head. Prop. 42, branded as retirement protection, is actually a kill-switch measure that…
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