Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Space startups seek insurance for orbital AI data centers
By Akash Sriram and Jemima Denham NEW YORK/LONDON, June 18 (Reuters) - Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX…
Questions to Ask Before Buying a Life Insurance Policy
Choose an agent who demonstrates expertise in your needs and can clearly explain the differences among policy types. Ask how the agent calculates your life insurance needs to ensure the recommendation aligns with your financial goals. Review the…
Mangione, accused insurance CEO killer, could face hurdles with mental breakdown defense
Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts said. SCROLL TO…
Insurers forecast double-digit premium hikes
Australia's biggest insurers said the rising cost of natural disasters and inflation in the construction industry will increase premiums by double digits each year for the foreseeable future, Australian Financial Review reported. Persistent…
Space startups seek insurance for orbital AI data centers
(Reuters) — Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. The concept of data center…
Damage claims could reach 40,000 after June storms: Manitoba Public Insurance
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Tankers sail through Strait of Hormuz; insurers still cautious
(Reuters) – Three Saudi-flagged supertankers with 6 million barrels of crude onboard and other ships sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran to end their war, ship tracking data…
Buccaneers Could Add 'Insurance Policy' For Baker Mayfield With 36-TD QB
The Tampa Bay Buccaneers have their franchise quarterback in Baker Mayfield, but there's no guarantee he'll be there for the lang haul. As the Buccaneers start going through their offseason workouts in preparation for the 2026 season, the dominant…
Emirates introduces 'conflict-related' cover in new travel insurance
Jun 18, 202606:45 GMT by Phil Davies Medical cover for conflict-related incidents is included in new travel insurance being offered by Emirates. The scheme is being backed by airline-managed hotel accommodation and extended-stay support…
Ontario Blue Cross Launches Rainy Day Coverage, a Canadian First in Travel Insurance
TORONTO, June 18, 2026 /CNW/ - Ontario Blue Cross is redefining travel insurance with Rainy Day coverage, the first weather-based travel insurance offering of its kind in Canada. This innovative parametric coverage uses automated weather monitoring…
Calif. Insurer Solvency Rule Critical But Limited, Pros Say
California regulators updated a proposal to force insurers to disclose long-term plans to limit climate risks to their solvency, but some industry experts say it still doesn't meet the moment.... To view the full article, register now. Already a…
South Korea's hair-loss insurance proposal sparks backlash
SEOUL – South Korea is weighing whether to extend national health insurance coverage to common hair-loss treatments, a proposal that has sparked growing backlash from doctors and patient advocacy groups. The debate centres on whether…
IRDAI forms AI working group to guide insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a working group on AI for guiding regulated entities in the insurance sector on adoption, governance and oversight of AI technologies. The working group, chaired by…
Korea's hair-loss insurance proposal sparks backlash
Critics say scarce health insurance funds should go first to severe and rare diseases South Korea is weighing whether to extend national health insurance coverage to common hair-loss treatments, a proposal that has sparked growing backlash from…
CareFirst sues ex-insurance brokers in MD civil racketeering case
CareFirst alleges $51 million in fraudulent claims Eliezer and Avraham Rappaport accused of falsifying Maryland residency Jacob Rappaport pleaded guilty to federal bank Maryland Insurance Administration revoked and suspended licenses Health insurer…
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