Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
AI-generated images behind increase in insurance fraud
Huw ThomasWales business correspondent Fake number plates, imaginary watches and exaggerated damage have all been found in AI-generated insurance claims. Cardiff-based insurer Admiral recorded a 71% rise in fraud during 2025 compared to the…
South Korea pet insurance market grows but uptake remains low
April 15 (Asia Today) -- South Korea's pet insurance market has expanded more than threefold in the past three years, but low enrollment rates continue to limit its growth, prompting insurers to step up marketing efforts. According to industry…
AI-generated images behind increase in insurance fraud
Fake number plates, imaginary watches and exaggerated damage have all been found in AI-generated insurance claims. Cardiff-based insurer Admiral recorded a 71% rise in fraud during 2025 compared to the previous year, partly blaming the increased…
Taiwan Insurers' Hedging Pivot Cements Global Bond Prowess
A fundamental shift in how Taiwan's life insurers manage their $700 billion overseas portfolio is reinforcing the island's position as a key global bond investor, strategists say. New accounting rules that came into effect this year have changed…
Yogendra Yadav: 'This Is BJP's Insurance For Post-Modi Era
'All this talk about women's reservation and Nari Shakti is a mirage.' 'It is a classic Trojan horse to bring about an alteration in the structure of political competition -- to the enduring advantage of the BJP.' 'The BJP is undertaking a series…
New York Mayor Mamdani Aims to Cut Landlords' Insurance Costs
New York City Mayor Zohran Mamdani is introducing a plan to lower insurance costs for apartment landlords, his first prominent effort to help the city's real estate owners after months of feuding with the industry. His administration intends to use…
Councils become insurers as premiums rise by 500pc
In the Queensland country town of St George, the inland river is where community is forged. Family picnics and fishing competitions take place on the banks of the Balonne River, while the water runs into dams that grow the region's agricultural…
The Best Pet Insurance in Wyoming 2026
Pets Best is the best pet insurance company in Wyoming thanks to its low rates and solid coverage. Dog insurance averages $37 a month in the state. Cat insurance averages $17 a month. Pet insurance provides an important financial safety net for…
N.Y. Judge Backs Insurer in Staged-Crash Scheme - TT
Vehicles move along the Brooklyn Queens Expressway. (Oleg Albinsky/Getty Images) A New York Supreme Court judge in Suffolk County granted Integon National Insurance summary judgment, ruling eight 2023 commercial-vehicle crashes were staged and not…
BofA Cuts Chubb (CB) Target, Adjusts View on U.S. Insurance Sector
Chubb Limited (NYSE: CB) is included among the Early Retirement Portfolio: Top 15 Stocks to Buy. On April 14, BofA lowered the firm's price recommendation on Chubb Limited (NYSE:CB) to $271 from $286. It reiterated an Underperform rating on the…
Cheapest Car Insurance Options in New York 2026
Progressive is New York's lowest-cost auto insurance company, with an average monthly rate of $159 for good drivers. New York is the most expensive state in the country for car insurance, with rates almost twice the national average. We researched…
Employer-Sponsored Health Insurance 101
Employer-sponsored health insurance (ESI) is the largest source of health coverage for U.S. residents under age 65. Unlike many other nations, the U.S. relies on voluntary, private health insurance as the primary source of coverage for residents…
Mamdani Insurance Fund to Shield Landlords From Rising Costs
Mayor Zohran Mamdani on Thursday will unveil a city-backed insurance program for subsidized and rent-stabilized buildings across the five boroughs. The privately run, not-yet-launched program — which Mamdani will announce at the Citizens…
24% of Americans say auto insurance is a financial stressor. Here's how to lower your costs.
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
What Will You Learn At A Defensive Driving Course (That Could Also Save Money On Your Insurance)?
You might think you're quite the adept driver. That perhaps in another life you would have made an excellent Formula 1 driver, starting by dominating karting circuits and climbing up to the big show. Delusions aside, 74% of American drivers believe…
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