Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why hyperlocal underwriting is insurance's new competitive advantage
Laurette Coetzee, senior account manager, Esri South Africa. Let's imagine you have two homes, in the same suburb, with similar replacement values, comparable sums insured and broadly similar policyholder profiles. On paper, the pair might appear…
Bermuda drawn into scrutiny of complex insurer investments
84fbbb3b-c981-4ef8-8779-bc0304107165 Brookfield Wealth Solutions, which will be housed in the newly built Brookfield House, is one of Bermuda's life reinsurance companies (Photograph by Akil Simmons) More than $1 trillion of American insurers'…
Mental health remains the top reason for Swiss disability insurance support
Around 61,000 people benefited from vocational rehabilitation measures, the Federal Social Insurance Office (FSIO) said on Monday. This represents 3,300 more beneficiaries than in 2024 and more than three times as many as in 2008. The corresponding…
Job lock' hits 24% of U.S. workers - staying in jobs they hate because losing health insurance terrifies them
Americans hang on to jobs they don't favor for multiple reasons, including salary, geographical convenience and upward mobility. Increasingly, with inflation rising, career professionals are sticking to jobs they don't like primarily for the health…
Insurance heavyweight's relationship risks look too big to underwrite
Insurance heavyweight John Neal is currently an “avid (and recovering) cyclist with a passion for all things insurance” (according to LinkedIn). But it seems it's not just the actuarial tables that get Neal's heart pumping. It's…
Policybazaar to market dollar-denominated term plans of insurers through GIFT City
Digital insurance platform Policybazaar on Monday said it has started offering U.S. dollar-denominated term insurance plans of its partner insurers for non-resident Indians (NRIs) through the International Financial Services Centre, GIFT City…
Insurers win coverage fight over Harris Teeter's share of opioid settlement
A group of insurers do not have to cover grocery chain Harris Teeter's share of a massive opioid settlement, a North Carolina judge has ruled, after finding that the grocery chain was never actually on the hook to pay anything itself. The case…
The Aspen Acres fire has destroyed your home. When it comes to insurance, what's next?
With 319 burned homes so far tallied, the Aspen Acres fire is the most destructive Colorado wildfire by homes lost since the Marshall fire in 2021. In the intervening half-decade, lessons learned have put a legislative focus on the Colorado…
Insurers seek first third-party premium hike in four years as losses mount
5 min read Mumbai Make us preferred source on Google Non-life insurers are pushing for a revision in motor third-party premiums, the first in four years, as losses mount in the segment. Apart from underwriting losses in the Rs one lakh crore plus…
One Inc Says the Best Insurance Payment Is the One Nobody Notices
For insurers, payments have long served as the moments when policyholders notice the mechanics of the relationship. A premium must be collected. A refund must arrive. Those transactions often define the customer's impression of the carrier. Kishore…
Heritage Insurance (NYSE:HRTG) Shares Gap Up - Still a Buy?
Shares of Heritage Insurance Holdings, Inc. (NYSE:HRTG - Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $26.28, but opened at $27.86. Heritage Insurance shares last traded at $28.59, with a volume of 8,968…
Safety Insurance Group (NASDAQ:SAFT) Sees Large Volume Increase - Time to Buy?
Shares of Safety Insurance Group, Inc. (NASDAQ:SAFT - Get Free Report) saw unusually-strong trading volume on Monday. 63,355 shares traded hands during mid-day trading, a decline of 41% from the previous session's volume of 106,617 shares.The stock…
Hamilton Insurance Group (NYSE:HG) Reaches New 12-Month High - What's Next?
Hamilton Insurance Group, Ltd. (NYSE:HG - Get Free Report) hit a new 52-week high on Monday. The company traded as high as $36.48 and last traded at $36.34, with a volume of 18888 shares changing hands. The stock had previously closed at $36.16.
Wells Fargo & Company Cuts The Hartford Insurance Group (NYSE:HIG) Price Target to $164.00
The Hartford Insurance Group (NYSE:HIG - Get Free Report) had its price objective cut by equities research analysts at Wells Fargo & Company from $165.00 to $164.00 in a research report issued to clients and investors on Monday, Benzinga reports.
Royal Bank Of Canada Forecasts Strong Price Appreciation for Selective Insurance Group (NASDAQ:SIGI) Stock
Selective Insurance Group (NASDAQ:SIGI - Get Free Report) had its price objective upped by research analysts at Royal Bank Of Canada from $110.00 to $115.00 in a report issued on Monday, Benzinga reports. The firm currently has an 'outperform'…
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