Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Why U.S. home insurance costs are surging
Home insurance prices are climbing more rapidly in the United States than in most developed countries, with a new study finding that they rose four times as fast as the median across 27 OECD (Organisation for Economic Co-operation and Development)…
HK to bolster risk hub status with talent and captive insurers: Christopher Hui
The Hong Kong government will continue to strengthen the city's role as a regional risk-management hub by attracting more captive insurers, expanding the insurance-linked securities market and nurturing industry talent, Secretary for Financial…
AI buildout 'biggest opportunity in history' for insurance industry
89f14198-7fb1-4889-9c5e-9296ca74118c Arthur Wightman, left, in discussion with panellists Jerome Halgan, Nancy Bewlay and Joe Peiser at the PwC Insurance Summit (Photograph by Akil Simmons) The rapid expansion of physical infrastructure supporting…
Travelers Car Insurance Review 2026
Travelers scored 4.8 out of 5 stars in our analysis of car insurance companies. Its rates for good drivers with a full coverage policy are below the national average in our analysis. Travelers' complaint level is below the industry average but it…
Daily Briefing: A-CAP's 777 Bets Imperil Its Insurance Portfolio
Welcome to WSJ Pro Bankruptcy's Daily Briefing. Asset manager A-CAP is facing mounting problems from investments made with insurance money through 777 Partners, leaving nearly one-third of one insurer's $1.4 billion investment portfolio tied to the…
Property insurance slump drives Conduit's premium decline
Bermuda-based Conduit Holdings Ltd.'s gross written premiums fell 4% year on year to $1 billion in the first three quarters of 2026, Reinsurance News reported. Property premiums fell 10% to $532.9 million as the carrier continued to focus on…
Flood insurance for Florida homeowners: Is it worth it?
Updated: 11:11 AM EST Nov 12, 2026 Editorial Standards ⓘ Updated: 11:11 AM EST Nov 12, 2026 Editorial Standards ⓘ , Fla. — Flood insurance for Florida homeowners: Is it worth it? WPBF 25 News talks to a homeowner's insurance…
IHA legislative agenda focuses on Medicaid, insurance transparency
STATEWIDE (Indiana Capital Chronicle) –The Indiana Hospital Association will lobby in the coming legislative session for the elimination of duplicative reporting requirements, transparency from insurers and retroactive Medicaid coverage for…
Pelagos Insurance: Q3 Earnings Snapshot
PEMBROKE, Bermuda (AP) — PEMBROKE, Bermuda (AP) — Pelagos Insurance Capital Limit (PLGO) on Wednesday reported earnings of $61.7 million in its third quarter. On a per-share basis, the Pembroke, Bermuda-based company said it had…
Pinion gets approval to acquire US surplus lines insurer
Pinion Insurance said Thursday it has received regulatory approval to acquire Catlin Specialty Insurance, an Oklahoma-domiciled dormant surplus lines insurer, as it prepares to launch U.S. underwriting operations. Regulators approved a Form A…
AI expert urges insurers to tread carefully on data-centre risk
6a06a91e-7463-409b-9343-83dee07f5351 AI expert: Alok Aggarwal, CEO of Scry (File photograph by Akil Simmons) An expert who has been working with artificial intelligence for four decades warned a re/insurance industry audience to be cautious about…
Car insurance expert settles debate on whether failing to indicate is illegal
Car insurance experts settle debate on whether failing to indicate is an offence Millions of motorists take to the nation's roads each day assuming they have a complete grasp of standard road etiquette and traffic legislation. Whether tackling…
Life insurers' new business premium rose 26% to ₹42,914 cr. in October
Life insurers' new business premium (NBP) rose 26% year-on-year (YoY) to ₹42,914.34 crore in October, even as the number of policies and schemes issued declined. State-owned Life Insurance Corporation of India (LIC), the market leader…
Your Quebec car insurance bill will rise in January - Here's why & how much
Insurance bills rarely come with good news, and the first one you pay in January will carry a small surprise. On January 1, 2027, the tax Quebec adds to insurance premiums goes up. That means the tax on your car and home insurance will be a bit…
Fired judge's lawsuit alleges California was illegally approving insurance rate hikes
This story was originally published by CalMatters. Sign up for their newsletters. An administrative judge in California's Insurance Department who was fired last year is suing Commissioner Ricardo Lara and his former special counsel, accusing them…
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