Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Best Pet Insurance in Wisconsin
Spot is the best pet insurance company in Wisconsin in our analysis thanks to its excellent coverage, great range of customization options and more. ASPCA and Pumpkin also scored well in our evaluation. The average monthly cost of pet insurance in…
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…
Cost of AI default insurance spikes as data centre confidence wobbles
The cost of insuring against US tech defaults has hit record levels in the latest sign of credit stress building in the AI trade, especially for data centres dependent on future revenue. SCROLL TO CONTINUE WITH CONTENT The moves reflect rising…
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…
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…
Cat modeller estimates $3bn insured loss from Isaias
d67a52af-85f8-47f0-8dac-3f530ac06db7 Created: Oct 15, 2026 03:39 PM (Updated: Oct 15, 2026 03:40 PM) People salvage the contents of their destroyed mini mart in the aftermath of Hurricane Isaias in Milton, Florida, Saturday (Photograph by Gerald…
Specialty insurers weigh AI liability risks, resist exclusions
SAN DIEGO – Specialty insurers are more likely to examine artificial intelligence risks case by case than exclude them entirely, but uncertainties surrounding liabilities are a major concern, excess and surplus lines executives say. AI…
French supermarkets' cyber insurance unlikely to cover food losses, insurers say
LONDON/PARIS – French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in…
Insurers pull back as climate change-related losses mount
Insurers are increasingly withdrawing coverage for climate risks in Europe as climate change makes more regions uninsurable, according to U.K.-based Inside Track Ltd., The Business Times reports, citing Bloomberg. The nonprofit also raised concerns…
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…
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