Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
I'm an insurance expert and here's how to tell which fence is yours
As milder weather approaches and garden projects get underway, millions of homeowners throughout the UK could be altering the wrong fence, potentially sparking disputes and even legal complications. Fresh research from Compare the Market has…
California fires blaze into an ongoing insurance crisis
Thousands in California have been told to leave their homes to get out of the path of destruction of the Sandy Fire, a fast-moving blaze that has already burned through more than 2,000 acres and is a grim reminder of how urgent the state's home…
Yes, There Could Be Fewer Hurricanes This Year-No, Your Insurance Bill Probably Won't Decrease
Forecasters at the National Hurricane Center say they expect the upcoming storm season to be a quiet one—forecasting fewer than 14 storms will form in the Atlantic from June to November—but homeowners in vulnerable areas like Florida…
Insurance Premiums To The Moon - LessWrong
(This post does not belabor why most people want or need insurance. That has been extensively discussed: What makes buying insurance rational?, When Is Insurance Worth It?, Money threshold Trigger Action Patterns.) We the people have not been…
When Should You Buy Pet Insurance for Maximum Coverage?
The best time to buy pet insurance is when your pet is young and healthy. Some pet insurers offer only accident plans if you're buying a new policy for a senior pet. Noncurable, pre-existing conditions are often excluded from coverage—but…
Who Should Consider Usage-Based Car Insurance in India
Usage-based car insurance is becoming relevant for Indian car owners whose driving patterns are no longer fixed or daily. Many people now use their cars only for selected trips, office days, family visits, or weekend plans. For such drivers, a…
It's Not Iran Trapping Ships In The Hormuz, It's The Insurance Risk
Is the Iranian regime the immediate barrier to oil tankers seeking to exit the Strait of Hormuz, or is it fear of liability that's keeping shipping companies at bay? The damage actually done to Iran's military and weaponry by US strikes is a matter…
Florida residents facing mounting frustration over health insurance companies denying prescription coverage
Thousands of Floridians who pay for health insurance are encountering significant obstacles when attempting to fill prescriptions, as health insurance companies increasingly deny coverage for medications recommended by their doctors. For some, the…
Ask the Lawyer: Understanding auto insurance and courtroom procedures
INDIANAPOLIS (WISH) –If you have ever wondered whether your car insurance covers medical bills after a crash or what happens when an attorney shouts “objection” in court, attorney Kent Winningham, a partner at Wilson Kehoe…
Did a bot deny your claim? NC lawmakers want to regulate AI in health insurance
North Carolina Republican lawmakers are pushing a proposal that would limit how artificial intelligence can be used in healthcare, aiming to protect consumers against technology that could lead to bigger bills or denied claims. “We do not…
Wildfire risk drives FAIR Plan insurance hikes in California
Homeowners in wildfire-prone areas of California insured through the FAIR Plan could soon see higher insurance premiums. The FAIR Plan, which stands for Fair Access to Insurance Requirements, was created by the state as an insurer of last resort…
Insurance expert explains which fence is yours 'as 40pc don't know
As warmer weather arrives and garden projects ramp up, millions of homeowners across the UK could be making changes to the wrong fence, potentially leading to disputes and even legal issues. New research from Compare the Market has found that 40%…
Insuring against extreme heat
Extreme heat is emerging as one of the major climate risks in India. Outdoor and informal workers are especially vulnerable. They have to choose between working under extreme heat and risking health consequences, or stop working and lose their…
The Best Thing About Having Insurance Is Not Needing to Call on It for Help
Do you really want to 'win' with your insurance? Stick with me here, because I know how this sounds. You pay premiums every year. The bill comes. You grumble. You write the check. Then the next year comes, and you do it again. No claim. No check…
Why recurrent pilot training matters when renewing insurance
From an underwriter's standpoint, one word matters above all others: risk. And few things reduce aviation risk more effectively than consistent recurrent training. Recurrent training demonstrates that you're proactive about safety—something…
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