Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
IA authorizes two new captive insurers in HK
The Insurance Authority authorized the two new captive insurers established by The Hongkong and Shanghai Hotels (0045) and SF Holding (6936) respectively on Thursday, bringing the total number of captive insurance companies in Hong Kong to nine.
IA announces authorization of two new captive insurers in HK
The Insurance Authority announced the authorizations of two new captive insurers established by The Hongkong and Shanghai Hotels (0045) and SF Holding (6936) respectively on Wednesday, bringing the total number of captive insurance companies in…
The bartender beat the National Insurance Institute
A bartender was injured in an accident on her way to work, but the National Insurance Institute calculated her injury benefits based on payslips alone. The court ruled that cash tips may also be considered part of income. Should tips received by an…
Obamacare insurers ask for second-highest premiums increase in nearly a decade
NEW YORK, July 8 (Reuters) - Companies offering Obamacare health insurance plans next year are requesting payment rates representing a 14% median increase to premiums over 2026 rates, according to data from health policy research…
Best Pet Insurance in Connecticut
Pets Best is the best pet insurance company in Connecticut because of competitive rates as well as coverage and policy features. The average monthly cost of dog insurance in Connecticut is $48. Cat insurance costs an average of $23 per month in the…
Hong Kong's war-risk pool testament to collaboration, insurance leader says
The launch of a marine war-risk pool by Hong Kong insurers is a prime example of how the city's insurers can collaborate not just for the benefit of the local economy but for the entire nation, an industry veteran has said. At the South China…
Sompo to acquire comp specialist Service Insurance
Sompo International said Tuesday it has agreed to acquire Service Insurance Cos., a workers compensation specialist focused on small and midsize businesses. Terms of the deal were not disclosed. The transaction, which will be completed through one…
Editorial: Should Oregon mandate insurance coverage for IVF?
Published 10:00 am Tuesday, July 7, 2026 One in six people is infertile, according to the World Health Organization. There can be many causes. In vitro fertilization can help couples overcome a number of problems to achieve pregnancy. IVF is when…
California dominates least insurable counties in the US as new map is released
California's dreamiest housing markets are turning into an insurance nightmare. A new national map from Insurify names California the least insurable state on the West Coast — with Los Angeles and Santa Cruz counties both scoring above 95 on…
Manitoba businesses, insurers flooded with storm damage claims and repairs - Winnipeg
A season of wild weather in Manitoba has made for some busy businesses and insurance companies. “After a large storm like this it's a higher volume of calls, maybe double, and earlier in the month it was maybe triple the phone calls,”…
How India's life insurance sector funds government expenditure
When the government borrows, the question that follows is rarely asked aloud: who lends? A large part of the answer is the life insurance sector. Every year, millions of households across India pay premiums into life insurance policies. That money…
Insurers face 'significant' claims for war-damaged vessels
The insurance industry is set to face significant claims for container ships, bulk carriers and oil tankers damaged during the Iran war, according to German firm Allianz SE, New Telegraph reports, citing Bloomberg. The vessels impacted by the…
Financial groups reignite race for insurance deals
South Korea's insurance merger and acquisition market is showing signs of life after years of stalled deals, as major financial groups seek to expand beyond their core businesses. Lotte Non-Life Insurance, KDB Life Insurance and Yebyeol Non-Life…
Holidaymakers issued travel insurance warning over EES queues in Europe
This summer Brits travelling to and from Europe face a major change when crossing the border. Under the EU 's new entry requirements, UK travellers must now comply with the Entry/Exit System (EES). The EES requires third-country nationals…
In Preliminary Rate Filings, ACA Marketplace Insurers Largely Propose Double-Digit Premium Increase For 2027, Following a Steep Climb This Year
ACA Marketplace insurers are proposing a median premium increase of 14% for 2027— indicating a likely second consecutive year of double-digit increases, according to a new analysis of preliminary rate filings in 16 states and DC. If these…
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