Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Korea pushes pet healthcare overhaul to unlock insurance market
The Ministry of Agriculture, Food and Rural Affairs (MAFRA) officially launched the Animal Medical System Improvement Task Force on April 29, shifting pet healthcare from a market-driven system toward a more state-managed framework. The move is…
We moved to a care center in Thailand in our 70s. It's like an insurance policy for whoever is left.
This as-told-to essay is based on a conversation with Peter Millard, a 78-year-old retiree living in Chiang Mai, Thailand, with his wife, Rita. It has been edited for length and clarity. My wife and I spent more than 20 years moving between…
In India, heat-triggered insurance offers 'some relief
But now the 42-year-old is part of an insurance scheme that pays out when temperatures hit a threshold, so she can stay home without jeopardising her finances. The 'parametric' model pays out automatically when specific triggers are breached, in…
Andrea lives in a simple home in central Sydney. She was quoted $19,000 to insure it
When Sydney homeowner Andrea McGann received the renewal letter for her building and contents insurance in the mail last week, she was flabbergasted to be quoted $19,311 to insure her modest brick home. “I just couldn't believe what I was…
Drivers forced off roads and 'cancelling car insurance' as bills rise
Data shows that motorists are choosing to cancel their car insurance policies Motorists are being forced to cancel their car insurance cover as prices continue to put pressure on household budgets, according to new research. Analysis combining data…
From the ashes of the Great Fire, London's insurance industry was born
London is not only the birthplace of modern insurance, but the world's leading international insurance and reinsurance market. Let's celebrate it, says Susan Langley As the Great Fire of London raged through the capital in 1666, Samuel Pepys…
Koreans cash out insurance, deposits to chase stock rally
Policy surrender payouts rise as savings-bank deposits hit 4-year low South Koreans are cashing out of insurance policies and savings deposits, chasing higher returns by piling into local stocks' breakneck rally. Policy surrender payouts at the…
9 tips to cut car insurance costs for Metro Detroit drivers
DETROIT – For months, Local 4 has been telling viewers about Metro Detroit families who have been hit with unexpected and costly car insurance troubles. Some common problems centered on denied claims for not having toddlers listed or not…
76ers secure Joel Embiid insurance in First Round of 2026 NBA Mock Draft
The Philadelphia 76ers have to send their own 2026 first-round pick to the Oklahoma City Thunder. Luckily, the Sixers received a different first-round from the Thunder in the return package for Jared McCain. That pick technically belongs to the…
Provider, insurer groups rush to shape No Surprises Act arbitration rules
Any day now, the federal government is supposed to unveil a suite of changes to the No Surprises Act's controversial arbitration process. Health care providers and insurers are racing to have the final word before the new rules are published, but…
The Edmonton Oilers' present, Connor McDavid's future and everything that's at stake
The Edmonton Oilers have enjoyed over a decade of Connor McDavid's brilliance, but there is a crossroads on the horizon. McDavid will enter his third contract with the organization in the fall. This one is the shortest, just two years before…
Why 42% of Spanish tourists refuse travel insurance and Britain isn't far behind
Large numbers of Spanish and British tourists continue to travel abroad without insurance, despite rising medical costs and increasing disruption linked to delays, cancellations and lost baggage. A recent study by insurance broker Heymondo and…
Heritage Insurance Q1 Earnings Call Highlights
Heritage Insurance NYSE: HRTG reported what management described as the most profitable first quarter in the company's history as a public company, citing improved underwriting performance, prior rate actions and disciplined expense management. The…
Kepler Cheuvreux Suisse SA Lowers Position in The Hartford Insurance Group, Inc. $HIG
Kepler Cheuvreux Suisse SA cut its holdings in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The…
Income Insurance Ltd Takes Position in Johnson & Johnson $JNJ
Income Insurance Ltd purchased a new stake in shares of Johnson & Johnson (NYSE:JNJ - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,342 shares of the company's…
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