Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Birth rebound boosts outlook for prenatal insurance market
Korea's rebound in births is reviving interest in the market for prenatal insurance, prompting insurers to broaden coverage and introduce new policy riders as they compete to lock in young families as long-term customers, according to industry…
Vermont turns to the free market to lower health insurance costs
Those who believe government can provide health insurance better than the free market need to look at Vermont. For years, Vermont has geared its health-care policy toward creating a single-payer system. Perhaps that's not a surprise given that the…
Barrenjoey hunts partner for Clearlake Insurance Brokers
Sydney businessman Jim Angelis made a fortune when he sold mortgage broker Coverforce to ASX-listed Steadfast for $411.5 million five years ago. Now, it's his son's turn to test his luck on the M&A circuit. Clearlake Insurance Brokers, a business…
Calls to scrap NSW emergency services levy as insurance costs rise
Posted Tue 4 Aug 2026 at 5:01am A coalition of insurance stakeholders is calling on the New South Wales parliament to scrap the emergency services levy before the March 2027 state election. The levy has increased 54 per cent in the past six years…
India to raise up to $3.3 billion by selling stake in country's largest life insurer at 10% discount
Indian government plans to raise $3.3 billion by selling up to a 6.5% stake in Life Insurance Corporation of India. The government will sell shares at 382 rupees per share, a 10% discount to its closing price on Monday. The offer consists of a base…
Wildfires: What are my insurance claim rights if I don't want to travel?
This summer is on track to become Europe's worst season for wildfires in history, as devastating blazes rip across countries, forcing thousands to evacuate and homes burned to the ground. At the end of July, the amount of burnt areas in the EU…
AI handles 70% of ICICI Lombard Insurance's customer calls
AI Voicebot, a feature that ICICI Lombard Insurance claims as an industry first feature, handles as much as 70% of customer calls in the current year, according to Sanjeev Mantri, MD and CEO of the private sector insurer. Speaking at the 25 years…
Guidewire Introduces Qusar Release to Help Insurers Build and Control AI Agents
Qusar includes Guidewire-built claims and underwriting agents, plus Developer Assistants that help developers ship features more than 40% faster than with generic coding assistants SAN MATEO, Calif., Aug. 3, 2026 /CNW/ -- Guidewire (NYSE: GWRE)…
The Modern Guide to Choosing a Life Insurance Provider Without the Headache
Shopping for life insurance shouldn't feel like reading tax law. However… It still works. With confusing policy types, hidden fine print and dozens of companies all advertising to be the greatest – most people become overwhelmed or…
FEMA flood maps cause 'misunderstanding' among some homeowners, leaving millions without insurance, experts say
On the morning of Sept. 27, 2024, Liz Barker's phone lit up with a flash flood emergency notification. Barker, a midwife in North Carolina, knew there had been bad weather brewing; when she finished her clinical shift the night before, she…
What one couple needed to claim travel insurance - WSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
They are a South Florida couple with a passion for travel. But when one of them lost their job, they needed to push pause on their plans. They had travel insurance – but were getting nowhere with their claim until they called Help Me Howard…
Abbott's 'Keep Texas Affordable' plan: Lower housing costs, new health insurance plan
(The Center Square) – Texas Gov. Greg Abbott continues to tour the state highlighting part of his campaign platform to lower costs for Texans. As part of his “Keep Texas Affordable” plan, he's proposed measures to lower…
Cancer survivors need protection from future discrimination, say German politicians
German politicians who have survived cancer have spearheaded proposals to protect people long in remission from what they call rampant discrimination in areas including bank loans, adoption of children and insurance. The policy known as “the…
Surrender and withdrawals as a share of total benefits paid by life insurers rise to 39%
Surrender and withdrawals as a share of the total benefits paid by life insurers have increased from 32 per cent in 2021-22 to 39 per cent in 2025-26, Parliament was informed on Monday. This indicates an increase in surrender and withdrawal…
/afaqs/media/media_files/2026/08/04/nivabupa-2026-08-04-00-01-11.jpg)
Why Niva Bupa chose Commonwealth Games over cricket in its latest brand play
Health insurance companies have spent years trying to convince Indians that they need to insure their health. Awareness has grown, comparison platforms have simplified policy discovery, and brands have increasingly moved beyond fear-led advertising…
Receive a Daily briefing on Insurance Industry News
Get Started