Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Airbnb to Offer Paid Earnings Protection Insurance to Certain Hosts
Airbnb is offering a paid insurance option for some of its hosts that covers income loss from unexpected events. The online marketplace for short-term rentals said Wednesday the offering aims to provide U.S. hosts with a financial safety net when…
8 ways to save on your car insurance bill
Car insurance costs keep climbing, and even good drivers may be paying hundreds more than they did just a few years ago. Consumer Reports says there are several proven ways to lower your premium without sacrificing the coverage you need. The…
Hail Season is on, what Coloradans ought to know about insurance claims from an adjuster
Monday's hailstorms served, for some, as an opening to a season of hail threats in Colorado, where insurance rates are largely driven up by hail claims and have created storm clouds of reaction. 'It lasted for a good 10, 15 minutes. Hail just…
AI is the top investment area for 3 out of 4 insurance CEOs
73% of insurance CEOs see AI as a major investment priority Business leaders have 'made significant progress in understanding AI' Productivity is still a major attraction, but compliance and security can be concerns New KPMG data has revealed that…
Texas leads nation in flood insurance cancellations as costs rise ahead of hurricane season
HOUSTON – As hurricane season begins, Texas is losing flood insurance coverage faster than any other state in the nation, raising concerns among flood experts and researchers in a state with a long history of devastating floods. Data from…
Two Democrats lead California insurance commissioner primary
When California voters return to the polls in November, they could be choosing between two Democrats for insurance commissioner — a potential first in the history of the position. Progressive former San Francisco city supervisor Jane Kim and…
Letters: Plan to capture insurance policyholders' personal data invades client privacy and isn't necessary
State Insurance Commissioner Tim Temple has embarked on a road to capture the nonpublic personal financial information of every policyholder in Louisiana who buys insurance in the surplus lines market. This includes individuals and small and…
Kim Leads Early As Insurance Commissioner Race Heads Toward General Election | KQED
Early returns show progressive activist Jane Kim leading the insurance commissioner race while State Sen. Ben Allen appears to also advance, setting up a general election contest focused on California's insurance crisis, wildfire risk and…
The Insurance Market Is Shifting - and Santa Barbara County Businesses Stand to Benefit
For businesses, farms, vineyards, and nonprofits across Santa Barbara County, the insurance market in 2026 is telling a different story than it has in recent years — and for many organizations, it is good news. According to HUB…
Health insurance coverage crosses 60% of households, NFHS
Health insurance coverage in India has expanded sharply over the past two decades, with the share of households having at least one member covered under a health insurance or financing scheme rising from just 4.8 per cent in 2005-06 to 60.2 per…
CEOs quitting general insurance companies to pursue entrepreneurial ventures
The recent trend of CEOs exiting general insurance companies to pursue entrepreneurial ventures highlights the untapped investment potential in the sector, as India continues to remain an under-penetrated market. Some of the sector's most…
Less than half of population pays for health insurance as average cost jumps 10.6%
VHI is the most popular health insurer, with 48.3% of the market, followed by Laya (27.9%), Irish Life Health (20.2%), and Level Health, which entered the market in November 2024, at 1%. The other 2.6% are covered by restricted memberships, which…
The medical-billing AI arms race between providers and insurance
In November 2020, Bisi Bennett went into labor at seven months pregnant. Halfway to AdventHealth hospital, with her husband, Chris, behind the wheel, she gave birth to their son Dorian in their Mitsubishi Outlander. He didn't breathe. At the…
Grievance redressal mechanism being framed to prevent hospital-health insurance stand-off
Hospitals and insurance company representatives have been meeting every month for the last four months to iron out differences and put in place confidence-building measures, including training in digital systems and instituting grievance redressal…
Kelowna tops insurance company list of Canadian cities at risk from wildfires in 2026
A wildfire broke out in Knox Mountain Park on July 1, 2023. Kelowna has topped the list of Canadian cities most at risk from wildfires in 2026, according to a report from a Toronto-based online insurance company. Using data from Natural…
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