Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Following 'viral heatwave trick' could void your home insurance
Maintaining comfortable temperatures indoors during spells of scorching weather isn't always as straightforward as it seems. As the mercury continues rising, numerous householders are flocking to social media seeking rapid and budget-friendly…
EV boom brings higher insurance costs for drivers
When the owner of a Volkswagen ID.5 checked his insurance renewal quote, he had to do a double take. Despite another year of accident-free driving, his annual premium jumped from 430,000 won ($286) to 700,000 won. “Has anyone else's…
Insurance brokers in apartment sector reported to watchdog
Two insurance brokers have been reported to the Australian Securities and Investments Commission this year for failing to disclose conflicts of interest including profit-sharing arrangements with strata managers, following a review by the…
Holiday insurance mistake that could cost some Brits thousands
Holiday insurance mistake that could cost some Brits thousands Millions of Britons using weight loss injections could unknowingly invalidate their travel insurance this summer by failing to disclose the medication before going abroad. With the…
Sri Lanka Insurance Life declares record Rs. 14.68 bn bonus for policyholders
Sri Lanka Insurance Life (SLIC Life) has declared a record annual bonus of Rs. 14.68 billion to its policyholders for the 2025 financial year, the highest life insurance bonus announced by any insurer in Sri Lanka. The company said the latest…
Florida's home insurance market shows signs of improvement as more insurers return
After years of soaring premiums and a shrinking insurance market, Florida homeowners may finally be seeing signs of relief. More insurance companies are writing new policies across the state, dozens have requested rate reductions, and fewer…
Drivers born before 1976 told to tick 1 box to slash car insurance
Motorists born before 1976 could make major insurance savings Motorists born before 1976 could cut their car insurance bills by updating one detail on their renewal form, according to experts. Drivers could reduce their bills by telling insurers…
Insurance-supported integrative oncology symptom management program benefits cancer patients
A new study from University Hospitals Connor Whole Health reports that an insurance-supported integrative oncology program resulted in clinically meaningful improvements in cancer-related symptoms like pain, stress, anxiety, depression, nausea, and…
Under New California Insurance Bill, Drivers Could Swap Data for Discounts | KQED
State law requires insurers to prioritize safety record, miles driven and driving experience as the main factors when they set drivers' premiums. The bill would let drivers choose to use telematics data to establish their driving records in…
Viral TikTok heatwave trick 'invalidating home insurance
Keeping homes cool during periods of hot weather isn't always easy. As temperatures continue to climb, many homeowners are turning to social media in search of quick and inexpensive ways to beat the heat. It comes as much of the UK continues to…
Insurance denials for brand-name drugs surge over past six years
A new study led by researchers at the Johns Hopkins Bloomberg School of Public Health and the American Enterprise Institute found that insurance denials of first attempts to fill prescriptions for brand-name prescription drugs with no generic…
Viral heatwave hack' could invalidate home insurance
Maintaining comfortable indoor temperatures during spells of hot weather can prove challenging. As the mercury rises, numerous householders are seeking out social media for affordable and straightforward methods to combat the heat. This follows…
More people are now surrendering life insurance before maturity. What's driving this?
In 2025-26, life insurers paid total benefits of Rs 7.3 lakh crore to policyholders, according to IRDAI data. As much as 38.3% of this is surrender/withdrawal, leading to premature payout of Rs 2.8 lakh crore during the financial year. When…
Why car insurance in Birmingham is going up despite premiums falling 13%
Drivers in Birmingham are being told that car insurance premiums are falling, yet many are opening their renewal notices only to find they're paying more than last year. Birmingham has the second highest car insurance costs in the country, only…
Sumitomo Mitsui Trust Group Inc. Sells 25,374 Shares of The Hartford Insurance Group, Inc. $HIG
Sumitomo Mitsui Trust Group Inc. lessened its stake in shares of The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) by 3.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 678,841 shares of the…
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