Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Democrats Didn't Discover The Insurance Crisis. They Created It
“Sen. Wyden is right that it's time to rethink how the insurance industry operates,” says health expert Sally Pipes. “But it was his party's policies that created this system. They should not be trusted to clean up their…
Hong Kong IPOs lure mainland China insurers seeking higher returns
Mainland China's insurance companies have emerged as major cornerstone investors in Hong Kong initial public offerings (IPOs) as they seek higher returns and benefit from Beijing's policy support for insurers to invest in equity markets. Ping An…
I was left with an £8,000 vet bill when my insurer cancelled my pet policy
Jim Connolly & Esyllt Carr BBC News Investigations When Kim Watts found out her pet insurance company had cancelled her policy, leaving her with £8,000 to pay in treatment costs, she says she burst into tears. Her beloved dog Darcey was left…
Clear Group buys Spence Insurance in Scotland
London-based Clear Group Holdings Ltd. has acquired Scotland-based Spence (Insurance Services) Ltd., a specialist in commercial insurance, Insurance Times reported. The acquisition marks another step in Clear Group's strategy to expand its presence…
Borrowing Against Life Insurance: How Policy Loans Work and What to Watch For
Most permanent life insurance policies let you take policy loans for any reason without a credit check. Loans reduce your death benefit and available cash value. If the policy lapses, part of the loan balance could be taxable. Most permanent life…
Rising disaster losses test public-private insurance systems
Increasingly frequent and severe natural and man-made disasters are straining traditional insurance models and government relief systems, according to The Geneva Association, Insurance Asia reported. The study found that while many public-private…
Korea lags behind global peers in cyber insurance despite wave of hacks
Cyber risks are escalating across the globe, but Korea's insurance market — meant to cushion businesses from potential fallout from hacks — is barely keeping pace with global peers, according to industry officials, Tuesday. The…
Letter: Support proposed legislative reforms to dental insurance care
You have permission to edit this article. Get up-to-the-minute news sent straight to your device.
Abu Dhabi National Insurance secures GIFT City reinsurance license
United Arab Emirates-based Abu Dhabi National Insurance Company PJSC has received a license to undertake reinsurance business from India's GIFT City, effective Apr. 1, Reinsurance News reported. The move follows the company's recent entry into the…
Leaseholders challenging 21-fold hike to insurance costs over flammable cladding
Leaseholders in a West London block of flats are challenging a drastic hike to their service charge after the insurance of their homes shot up 21-fold due to flammable cladding. Residents living in Shaftesbury Place, by Earl's Court, were told in…
Medicare Delays Full Obesity-Drug Program Rollout After Insurers Push Back
The Medicare agency will extend a short-term program that will pay for weight-loss drugs such as Eli Lilly's Zepbound and Wegovy, guaranteeing access to the popular medications will continue for seniors next year. The decision by the Centers for…
Life insurers new business in FY26 rose 16% to ₹4.60 lakh crore
Life insurers in India reported new business in FY26 rose 15.70% year on year to ₹4,59,713.41 crore. It was a year when the insurers emerged from the new surrender value norms, introduced in October 2024, impact by tweaking strategies. While…
Jury limits insurer's liability in shooting case
An insurer did not act in bad faith when it delayed settlement in a case involving a fatal shooting outside a Florida lodge, a federal jury has found. Richmond, Virginia-based Kinsale Insurance is only liable for a $50,000 sublimit rather than the…
Bristol West: The auto insurance to try if you've been rejected for bad credit or a poor driving record
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…
'Managing general agents' can reshape insurance sector
The Insurance Amendment Bill, 2025 — Sabka Bima, Sabki Raksha Act — represents a significant policy milestone in India's journey towards strengthening insurance penetration and supporting the broader vision of a developed economy. The…
Receive a Daily briefing on Insurance Industry News
Get Started