Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Hins Cheung buys $40m insurance policy, hopes insurer 'makes money'
Hong Kong singer Hins Cheung has revealed that he bought an insurance policy worth more than HK$40 million as a gift to himself last year — and now hopes the insurer makes money from it. SCROLL TO CONTINUE WITH CONTENT Cheung made the…
The Real Cost Of AI For Banks And Insurers Is Not The Price Of A Token
Monica Hovsepian is the Global Financial Services Lead at OpenText. The question has changed. A year ago, leaders asked what AI could do for their business. Now they ask something more practical: What will AI actually cost a bank or insurer once…
Want cheaper health insurance? Don't kill HSAs
HSAs let patients set aside tax-advantaged money for future medical expenses. Unused dollars remain the patient's property and roll over from year to year. That gives account holders an incentive to consider costs and shop around when they can. And…
Universal Public Health Insurance Is the Answer
Kathryn Anne Edwards, Columnist Employer-sponsored health insurance is rapidly deteriorating. In 2027, premiums are expected to see their largest single-year increase in two decades, jumping 11% and closing in on a nearly five-fold increase this…
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Bajaj Life brings insurance advertising to ChatGPT
Bajaj Life Insurance has started advertising on ChatGPT, making it one of the first brands in India's BFSI sector to use the AI platform for advertising. The move comes as consumers increasingly use conversational AI to research, discover and plan…
UnitedHealth: Quality Dividends From Health Insurance (NYSE:UNH)
UnitedHealth Group is executing a successful turnaround, reaffirming a Buy rating as shares remain undervalued versus fair value estimates. UNH raised 2026 adjusted diluted EPS guidance to $19.50–$20.00, reflecting strong margin discipline…
Qatar Insurance invests in Africa Specialty Risks
Qatar Insurance Company QSPC has invested an undisclosed sum in U.K.-based Africa Specialty Risks Ltd. as part of its expansion into African and developing markets, Life Insurance International reported. The investment broadens the Qatari firm's…
Crown sues insurer refusing to help it cover mammoth class action payout
Casino operator Crown is suing a multinational insurance giant for allegedly refusing to make good on a policy the company needs to help fund a $72 million class action settlement tied to the scandals it has encountered in recent years. The dispute…
Banks cut rewards programs, free travel insurance amid surcharge ban
After four decades as a Commonwealth Bank customer, Trevor Vienet is changing banks. That is because CBA has wound up its association with the Qantas Frequent Flyer program in preparation for the upcoming changes to credit and debit surcharges…
New study finds hail-resistant upgrades may reduce Alberta homeowners' insurance premiums by up to 50%
Stronger building materials and resilience measures can reduce insurance costs and improve coverage for homeowners EDMONTON, AB, Sept. 28, 2026 /CNW/ -- Homeowners in areas at high risk of hailstorms who invest in hail-resistant roofing and siding…
Insurance Coverage Lags as Cancer Science, Treatment Move Forward
Eighteen months after his initial diagnosis, chemotherapy hadn't slowed 21-year-old Mason Henderson's rare brain tumor, which had spread to his spinal fluid. So he left his home in southeastern Texas to spend three weeks in a clinical trial in New…
Driver stopped for having no insurance turned out to be high on cannabis cakes
A driver who was initially stopped by police for having no insurance turned out to be high on cannabis cakes. Alicia Hall ate a homemade bake laced with the drug before getting behind the wheel of her mother's BMW. The youth worker was then stopped…
IRDAI reforms push insurance distributors to explore new revenue streams: Nomura
The insurance distribution industry could see a shift in business models as proposed regulatory changes by the Insurance Regulatory and Development Authority of India (IRDAI) prompt distributors to explore new products, services and revenue…
India insurance growth to hinge on AI-led distribution, ecosystem partnerships: McKinsey
The next phase of growth in India's insurance sector is likely to depend increasingly on how effectively insurers expand distribution beyond traditional channels, with artificial intelligence (AI)-led customer discovery and ecosystem partnerships…
UNF poll: Florida homeowners more concerned about insurance than property taxes
JACKSONVILLE, Fla. – Florida homeowners are more concerned about property insurance than property taxes, and most say they see no signs that the state's insurance market is improving, according to a new University of North Florida poll. The…
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