Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Ola Kolade is challenging how the insurance industry thinks about automation
Opinions expressed by Digital Journal contributors are their own. The Underflow CEO and former investment banker says the industry has spent two decades automating the wrong thing. His AI-powered alternative is turning heads. The commercial…
New Insurance Policy on Limited Licensed Therapists
As mental health professionals, we spend a great deal of time talking about access to care. We discuss long waitlists, provider shortages, geographic barriers, insurance limitations, and the growing demand for behavioral health services. Yet…
Iran's ship attack tests the shipping-insurance market just as war-risk premiums had plunged
Iran's attack on a cargo ship navigating the Strait of Hormuz on Thursday was a stark reminder of how quickly conditions in Persian Gulf can deteriorate — and it came just as war-risk insurance premiums on vessels in the region had…
Corgi, the buzzy Y Combinator-backed insurance tech startup, says it didn't steal an open source product
Y Combinator-backed insurance tech startup Corgi became embroiled in yet another controversy earlier this week when Papermark, maker of open source data room software, accused Corgi of stealing its software and passing it off as its own. Corgi…
Janashakthi Life breaks into Top Five Most Loved Life Insurance Brands in the industry
Climbs from 7th to 5th in LMD Readers' Choice 2026, marking a strong endorsement from consumers and growing consumer preference Janashakthi Life, a leading brand in the insurance industry and a flagship brand of JXG (Janashakthi Group), has entered…
Why breakthrough GLP-1 weight loss pills may be a bad thing for employer insurance coverage
Novo Nordisk, the maker of Wegovy, introduced its GLP-1 pill for weight loss in early January, while Eli Lilly's pill, Foundayo, began shipping in April. In 2025, nearly half of all large employers covered GLP-1 medications, but costs are becoming…
Commercial claims most of insured losses in Venezuela: Gallagher Re
Commercial claims will likely make up the majority of insured losses from the earthquake sequence that struck Venezuela on June 24 because insurance penetration for residential assets remains extremely low, Gallagher Re said in a report issued…
Prudential sues insurers over $300 million R&W claim
American International Group and five other insurers face a lawsuit alleging they dragged out a coverage dispute for more than five years, sending Prudential Financial nearly 200 individual information requests while refusing to say whether they…
Ask the Lawyer: Legal expert shares tips on handling accidents and insurance claims
INDIANAPOLIS (WISH) — When accidents happen, the moments that follow can determine whether victims receive fair compensation or face unnecessary complications with insurance claims. Attorney Kent Winingham of Wilson Kehoe Winingham Injury…
Insurers value recurrent pilot training
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…
Warning for drivers paying for car insurance monthly not annually
Drivers paying for car insurance monthly over annually have been warned they could be being overcharged. Insurers are charging drivers almost 30% extra to pay monthly, according to new analysis. Nine brands were imposing an annual percentage rate…
Space startups seek insurance for orbital AI data centers
Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX (SPCX.O) and Jeff Bezos' Blue Origin. The concept of data center…
Goosehead Insurance $GSHD Stock Position Lifted by Wasatch Advisors LP
Wasatch Advisors LP grew its holdings in shares of Goosehead Insurance (NASDAQ:GSHD - Free Report) by 32.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,292,227 shares of the company's stock…
Tamil Nadu raises government employee health insurance cover to ₹7.5 lakh
The TVK-led Government of Tamil Nadu has notified the New Health Insurance Scheme for employees of government departments and eligible family members. Under the new scheme, employees will be entitled to a base coverage of ₹7.5 lakh for a…
OP Asset Management Ltd Buys Shares of 31,747 The Hartford Insurance Group, Inc. $HIG
OP Asset Management Ltd purchased a new stake in The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased…
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