Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
USAA Car Insurance Review: Cost, Coverage and Trends
USAA received 4 out of 5 stars in our analysis of car insurance companies. USAA offers the lowest average rates for those shopping for state-minimum coverage and for drivers with a speeding ticket or at-fault accident on their records, among the…
EverQuote: Insurer Spending Recovery Supports Further Growth (NASDAQ:EVER)
EverQuote is attractively valued, supported by insurer marketing budget recovery, rapid revenue growth, and a debt-free balance sheet. Q2 revenues grew 24% year-over-year to $195.1M, with auto insurance comprising 88% of total revenue and home…
When disaster strikes, is the business insured?
On 10 October, fire tore through GOICO Plaza in Musanze, where about 2,000 traders did business. The Northern Province governor's preliminary estimate puts the value of the goods destroyed at more than Rwf30 billion. The building, valued at Rwf17…
AI Runs Into Its Next Big Obstacle: Insurance
A string of artificial-intelligence safety incidents is exposing a gaping hole for the fast-growing industry: the lack of available insurance. Rogue agents have hacked into websites. AI chatbots have been accused of encouraging suicides and…
Travelers earnings rise as commercial insurance pricing stabilizes
Travelers reported higher third-quarter earnings Friday as commercial insurance pricing stayed largely stable and investment income rose. Net income increased 2% to $1.92 billion in the quarter, compared with $1.89 billion in the prior-year period.
Car insurance premiums jump by almost 60 per cent in four years
Comprehensive car insurance premiums have jumped another 10 per cent after similar hikes last year. It follows an ASIC review that called for more transparency behind insurer calculations. The federal government has called on insurers to step up…
Why your health insurance is dropping GLP-1 coverage
The promise of GLP-1 drugs has always depended on people being able to afford them. These drugs still cost hundreds of dollars per month if you're paying cash, at which point access becomes a privilege: The higher-income executive who wants to trim…
HUD Expands FHA Mortgage Insurance to Build-to-Rent Communities
The U.S. Department of Housing and Urban Development (HUD) on Oct. 14 expanded Federal Housing Administration (FHA) mortgage insurance to qualifying build-to-rent communities, opening a federal financing route for rental developments of houses and…
How Insurance Coverage Reaches Hard-To-Place Businesses.
Like Like Love Haha Wow Sad Angry Standard insurance products may not address every business operation, contract, or exposure. Specialty placements depend on clear communication among the business, insurance professionals, underwriters, and…
777 Partners founder's guilty plea deepens scrutiny of Wall Street's insurance trade
The founder of 777 Partners, the poster child for the underbelly of Wall Street's insurance push, pleaded guilty to fraud Thursday. A Semafor investigation in 2023 found that 777, which announced itself with a bold bid to buy UK soccer club…
The cost of insuring against AI company defaults spikes
More investors are looking to hedge against a potential downturn in the AI boom, driving up the cost of credit default swaps tied to hyperscalers. Investors are piling into the insurance contracts as anxiety grows over the huge amount of capital it…
France's summer wildfires could cost insurers up to 563 mln euros
France experienced its hottest summer on record in 2026, marked by heatwaves, drought and massive wildfires. The southwestern regions of Gironde and Landes, along with the southeastern region of Var, were ravaged by forest fires that spread rapidly…
Australian car insurance premiums surge almost 60% as repair costs and skills shortages bite
Australian motorists are facing another cost-of-living squeeze as comprehensive car insurance premiums continue to rise well ahead of inflation, with some policies now almost 60% more expensive than four years ago. The latest increases come after…
As climate risks become harder to predict and insure, India must price catastrophe without leaving people unprotected
The monsoon is rarely just weather in India. It is water for a crop, electricity for a city, traffic on a highway and income for millions of people. This year, it has also offered a glimpse of a more difficult future. In April, the India…
CoreWeave's Debt Insurance Costs Just Hit a Record. Can It Keep Funding Its AI Boom?
CoreWeave (CRWV +5.94%), one of the leading 'neoclouds' racing to meet the seemingly endless demand for artificial intelligence (AI) computing power, is once again making headlines. This time, however, it's not for setting another record sales…
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