Insurance Industry News

A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

theguardian.com - Jessica Glenza - 'Tip of the iceberg': nearly 500,000 New Yorkers lose health insurance due to Trump cuts
'Tip of the iceberg': nearly 500,000 New Yorkers lose health insurance due to Trump cuts
The Guardian

Nearly 500,000 moderate-income New Yorkers will be dumped from their health insurance plans on 1 July – the first of major coverage losses expected as a result of HR 1, the Republican-led law signed almost exactly one year ago. The law…

rediff.com - Rediff News - IPL Insurers May See Fewer Claims This Year
IPL Insurers May See Fewer Claims This Year
Rediff.com

'The claims experience was better than the previous IPL season due to the absence of major disruptions, with only a few match abandonments and player injury-related claims. Industry loss ratios are estimated at around 60 to 70 per cent this time…

rediff.com - Rediff News - Life Insurance Policy Surrenders Outpaced Maturity Payouts
Life Insurance Policy Surrenders Outpaced Maturity Payouts
Rediff.com

Surrenders and withdrawals of life insurance policies rose sharply in 2025-2026 (FY26), accounting for a larger share of total pay-outs than maturity benefits, the Reserve Bank of India said in its Financial Stability Report. The RBI said…

forbes.com - Sentry Insurance - The Resilient Enterprise: How A Strategic Insurance Partner Helps Large Firms Navigate Evolving Threats
The Resilient Enterprise: How A Strategic Insurance Partner Helps Large Firms Navigate Evolving Threats
Forbes

The uncertainty leaders describe extends beyond economic conditions and is creating tangible business challenges, including shifting regulatory demands, inflation, geopolitical tensions, and supply chain disruptions. “Leaders are trying to…

businessinsurance.com - Greece's insurance market grows 10%
Greece's insurance market grows 10%
Business Insurance

The Greek insurance market recorded positive dynamics in the first four months of 2026, according to data from the Association of Insurance Companies of Greece, Xprimm reports. Total gross written premiums grew 10.5% year on year to 2.1 billion…

nola.com - Amanda McElfresh - Support, growth and purpose drive The Gray Insurance Company's Top Workplace culture
Support, growth and purpose drive The Gray Insurance Company's Top Workplace culture
NOLA.com

For the seventh consecutive year, The Gray Insurance Company has been named a New Orleans Top Workplace, a distinction its leaders say reflects the culture Gray employees have helped create over decades of growth. Founded in 1953 by Denver F. Gray…

businessinsurance.com - House votes to reauthorize terrorism insurance program
House votes to reauthorize terrorism insurance program
Business Insurance

The U.S. House of Representatives on Tuesday voted to reauthorize the nation's government-back terrorism insurance program. By a vote of 373-15, the House passed H.R. 7128, the TRIA Program Reauthorization Act of 2026. Sponsored by Subcommittee on…

walesonline.co.uk - Paul Atkins - Tesco's new life insurance offering is helping families protect their future
Tesco's new life insurance offering is helping families protect their future
Wales Online

Life is unpredictable, but your family's future doesn't have to be. A recent study† commissioned by Tesco Insurance found that almost one-third of UK adults would be forced to sell their family home if their partner died unexpectedly. That's…

businessinsurance.com - PSC cleared to acquire MA Insurance Brokers
PSC cleared to acquire MA Insurance Brokers
Business Insurance

Australian firm PSC Insurance Group Pty Ltd. has secured a waiver from the Australian Competition and Consumer Commission to acquire Brisbane-headquartered MA Insurance Brokers Pty Ltd., Insurance News reported. MA has started operating as PSC…

travelweekly.co.uk - Samantha Mayling - Middle East crisis prompts more Brits to value travel insurance
Middle East crisis prompts more Brits to value travel insurance
Travel Weekly

Jul 1, 202600:10 GMT by Samantha Mayling Customers are increasingly recognising the value of travel insurance in light of the recent crisis in the Middle East, according to new Abta research. However, a quarter of travellers put themselves at risk…

forbes.com - Yevhen Parokhod - Strategic Partnership Trends In The UAE Car Rental Market
Strategic Partnership Trends In The UAE Car Rental Market
Forbes

Yevhen Parokhod is the founder of Renty.ae. Over the past years, the UAE car rental industry has developed into a multilayered ecosystem that combine collaboration, operational efficiency and smart capital deployment. This market, driven by global…

republicworld.com - Nitin Waghela - Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
Rampant' Mis-Selling And Fake Policy Fraud Plague India's Insurance Sector: LIC Executive
Republic World

India's largest insurance provider LIC noted that massive mis-selling and fraud are rampant in India's insurance landscape even after IRDAI's recent moves to strengthen governing policies. Ratnakar Patnaik, Managing director at LIC, said that…

heavy.com - Parker Hurley - Analyst Raises Red Flag About Lions' Biggest Insurance Policy
Analyst Raises Red Flag About Lions' Biggest Insurance Policy
Heavy

The Detroit Lions might have questions about whether Jared Goff can get them over the hump as the starting quarterback. However, at the same time, if he goes down with an injury, the season might go up in smoke. They currently have a questionable…

gizmodo.com - Ellyn Lapointe - Wagering on Wildfires? There's a New Prediction Market for That
Wagering on Wildfires? There's a New Prediction Market for That
Gizmodo | The Future Is Here

As a series of raging wildfires erupted across Los Angeles in January 2025, destroying thousands of homes and killing hundreds, gamblers were eager to cash in. By mid-month, Polymarket bets on the spread, duration, and political fallout of the…

thehindubusinessline.com - Health insurance needs new benchmarks
Health insurance needs new benchmarks
BusinessLine

India is the 10th largest insurance market globally by nominal premium volumes, and has a market share of 1.8 per cent (per 2024 data). However, the country's insurance penetration is a mere 3.7 per cent, lower than the global average of 7.2 per…

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