Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Liverpool widow convicted for not insuring late husband's car
An 81-year-old widow who is undergoing cancer treatment has been convicted of a crime after forgetting to insure her late husband's car. The Liverpool pensioner said the mix-up happened when she fell ill and went to stay with her daughter in the…
Best Pet Insurance in Minnesota
Pets Best is the best pet insurance company in Minnesota, according to our analysis. Spot and ASPCA also scored highly in our evaluation. Minnesota dog insurance averages $43 a month, while cat insurance averages $21 a month. A pet insurance policy…
Grieving widow with cancer prosecuted for not insuring dead husband's car
An elderly widow who is battling cancer has been convicted by a fast-track court after she forgot to insure her late husband's car. The grief-stricken pensioner, aged 81, said the mix-up happened when she fell ill and went to stay with her daughter…
Climate Risk Is Rewriting the Logic of Global Insurance
In 2018, California's insurer of last resort carried roughly 127,000 policyholders. By the end of 2025, it carried more than 668,000, with residential exposure approaching $603 billion in June 2025, a 424 percent increase since 2020. The Palisades…
How Final-Expense Insurance Works & When It Makes Sense
Final-expense insurance is a policy designed to cover end-of-life costs like funeral expenses and debts. Coverage amounts are generally limited, with most policies offering death benefits between $2,000 and $50,000. Final-expense policies are often…
Eli Lilly Back in $1 Trillion Club as Insurance Coverage Expands for Zepbound
Eli Lilly shares are on pace to hit a new all-time closing high on news of increased insurance coverage for its blockbuster weight-loss drug Zepbound. Lilly shares earlier hit $1,149.10, up 6.1%, though the stock has retreated a bit and was…
Hartford Insurance Group Inc. stock underperforms Wednesday when compared to competitors
Shares of Hartford Insurance Group Inc. HIG shed 2.71% to $131.69 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.02% to 7,520.36 and the Dow Jones Industrial Average…
Billionaire with Bay Area ties sentenced to prison in $2B insurance fraud scheme
A billionaire and insurance mogul with Bay Area ties was sentenced to 12 years in federal prison after he orchestrated an elaborate scheme that defrauded multiple insurance companies out of $2 billion that he used to buy mansions and private jets…
Four key questions insurers must answer to embrace AI effectively
The insurance sector has tended to be more cautious in technology adoption. Understandably careful about the hugely sensitive data they hold on customers, insurers have traditionally taken a ‘you go first' stance, waiting in line between…
Insurance platform Corgi valued at $2.6 billion in latest funding round
29 May 2026 02:02AM (Updated: 29 May 2026 02:14AM) May 28: AI insurance platform Corgi said on Thursday it raised $106 million in a funding round led by investment firm TCV that valued it at $2.6 billion. The funding round underscores strong…
Is your home covered? Why summer is peak season for insurance claims
Summer is peak season for insurance claims, and as repair costs skyrocket, even careful homeowners may see rates rise as early as next year. Storm damage, from wind, hail, and heavy rain, is partially to blame for the summer uptick in claims.
Pritzker indicates he'll sign new insurance regulations
(The Center Square) – Gov. J.B. Pritzker is expected to sign two bills headed to his desk that give the state power over auto and home insurance rates. “I look forward to signing these common-sense protections into law,” the…
Widow, 81, convicted for not insuring husband's car after his death
An 81-year-old widow, who was diagnosed with cancer after her husband's death, has been convicted of a crime after forgetting to insure a car that was transferred into her name. The grieving pensioner said the mix-up happened as she was unfamiliar…
Save $$$ on car insurance | Consumer Reports
Save $$$ on car insurance | Consumer Reports IN $11 BILLION FROM THE WORLD CUP, AND IT'S NOT JUST COSTING US MORE TO GO TO THE WORLD CUP OR FILLING UP OUR CARS. IT'S ALSO GETTING MORE EXPENSIVE TO HAVE CAR INSURANCE, AND YOU NEED IT TO DRIVE. BUT…
When drug after drug failed, a teen hoped brain surgery could fix her daily seizures. Insurance denied it.
Brandi Sharp tends to find herself restless at night. Her 13-year-old daughter, Cambrie, has uncontrolled seizures. Sharp, a mother of three, is constantly up, checking to make sure Cambrie is breathing. During the day, when she's not at work as a…
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