Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Prudential Life Insurance Review
Prudential earned a rating of 3.7 out of 5 stars in our evaluation of life insurance companies. It offers a variety of coverage options, including term, universal, indexed-universal and variable-universal life insurance policies. Prudential stands…
Jane Kim in the lead as Californians choose new insurance commissioner
This story was originally published by CalMatters. Sign up for their newsletters. Jane Kim is leading the race for California insurance commissioner, setting the stage for a possible transformation of the state's property insurance market. The…
Democrats Jane Kim, Ben Allen face off in California's insurance commissioner race
California voters on Tuesday are set to decide who will become the next insurance commissioner, as the state continues to navigate an insurance market strained by rising costs and heightened wildfire risks. Democrats Jane Kim, a former San…
Can you get pet insurance after your pet gets sick?
Pet insurance can be easy to put off when your pet is healthy, particularly when many people's finances are being stretched by things like high inflation and rising prices, as they are in today's economic landscape. The monthly premium may feel…
The Insurer Reports Binance Lacks Cyber Insurance After $6.3 Billion Incident
Binance says it will shoulder the financial impact of an incident it valued at about $6.3 billion, while The Insurer reported, citing a source close to the exchange, that Binance has no cyber insurance. The exchange said Oct. 31 that a portion of…
Regulators, insurers urged to cooperate on litigation costs
BOSTON — Cooperation between insurers and regulators on data sharing and consumer education could help address litigation practices that insurers say drive up costs. Sharing claims and other data and cooperating to inform the public could…
Race for California Insurance Commissioner Too Close to Call | KQED
The race for California's next top insurance regulator remained too close to call on Tuesday night, with former San Francisco Supervisor Jane Kim enjoying a slight lead at 51.4% of the vote over state Sen. Ben Allen, as of 10:28 p.m. Progressive…
Universal Insurance: 3 Key Takeaways for Long-Term Investors
On its third-quarter 2026 earnings call, held on Oct. 23, 2026, Universal Insurance (UVE -0.88%) delivered a 32.7% annualized return on common equity as underwriting profits expanded. Consistent underwriting profitability matters because it builds…
Hartford Insurance Group: 3 Key Takeaways for Long-Term Investors
On its third-quarter 2026 earnings call, held on Oct. 27, 2026, Hartford Insurance Group (HIG -0.44%) reported core earnings of $956 million and a trailing 12-month core return on equity of 17.9%, a measure of net income generated from shareholder…
Election 2026: Early results for California insurance commissioner
By Maggie Angst Politics Reporter Former San Francisco Supervisor Jane Kim held a lead over state Sen. Ben Allen in the race for California insurance commissioner, according to early results. The race between two Democrats was the only close…
CVS breaking up its healthcare empire - splitting pharmacies from insurance business
CVS Health will split into two companies, dividing its retail pharmacies from its insurance and pharmacy-benefit operations, the Wall Street Journal reported Tuesday. One of the two companies will retain the CVS Health name and be led by current…
Binance Had No Cyber Insurance for Its Estimated $6.3 Billion Loss
Binance planned to rely on internal funding pools to restore assets after a hot-wallet attack whose impact it estimated at about $6.3 billion, while Bloomberg reported it lacked cyber insurance. Bloomberg, citing a person familiar with Binance's…
California insurance commissioner election: Kim and Allen running close in early returns
The race to become California's next insurance commissioner tests how voters want the state to tackle its long-term insurance crisis: through moderated reform or major disruption. Early returns show the state is split. With 34.9% of the expected…
California chooses next insurance commissioner: Jane Kim or Ben Allen
Californians are choosing a new insurance commissioner after almost a decade of deadly wildfires that threw the state's property insurance market into a crisis from which it is still trying to recover. Two Democrats are competing for the position…
Data center risks outstrip insurance capacity, says Scor chief
Hyperscale data centers carry total insurable values of up to $30 billion for construction alone, but insurers can currently provide only about $15 billion in capacity per risk, according to Thierry Léger, group CEO of France-based Scor SE…
Receive a Daily briefing on Insurance Industry News
Get Started