Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Accused insurance CEO killer could face hurdles with breakdown defense
Luigi Mangione, the man accused of assassinating a health insurance executive in a carefully executed plot, could have a hard time convincing jurors at his murder trial that he suffered a mental health breakdown, legal experts have said. Mangione…
AI-generated complaints create new headaches for insurers
A recent customer complaint filed with one of the top three life insurers in Korea appeared convincing at first glance. It cited what seemed to be relevant laws and argued that the company had misinterpreted them. There was one problem: The law did…
David Littleproud takes on 'parasitic' insurers' in the bush
Maranoa MP David Littleproud has made a formal complaint to the ACCC about crippling insurance premium rises in south-west Queensland. Six councils in the region have decided to become insurers after year-on-year increases in premiums for residents…
King briefed by Bermuda insurance executives
The 2026 Abir reception at O'Hara House to celebrate Bermuda's summer interns provided them a networking opportunity (Photograph by Marq Philip Rodriguez) During the King's visit in April, Government House and a British junior minister hosted a…
SFC seeks share buy-out order against former chairman of Target Insurance
The Securities and Futures Commission (SFC) has commenced legal proceedings seeking an order to require Ng Yu, former chairman of Target Insurance, to buy out public shares due to an alleged breach of fiduciary duties, while also seeking…
Penn Mutual Life Insurance Review: Cost & Coverage
Highly competitive term life insurance rates. Offers a no-exam application process for generous coverage up to $10 million. Long history of paying dividends on participating whole life policies. Penn Mutual did very well in our evaluations and was…
Emirates Offers War-Related Insurance as Gulf Carriers Reboot
Emirates Airline is offering travel insurance that includes medical coverage for war-related incidents and extended-stay support during disruptions, another example of how Gulf carriers are trying to reboot their businesses now that a US-Iran peace…
The Medicare Crisis for Insurers Is Over. The Easy Gains Are Too.
For the past few years, U.S. health insurers and their investors were hit from every direction. Patients flooded back to seek treatments after the pandemic, and Washington tightened the rules on Medicare Advantage. Margins collapsed and stocks…
Emirates introduces 'conflict-related' cover in new travel insurance
Jun 18, 202606:45 GMT by Phil Davies Medical cover for conflict-related incidents is included in new travel insurance being offered by Emirates. The scheme is being backed by airline-managed hotel accommodation and extended-stay support…
Health insurer Bupa signs deal to buy integrated healthcare business
Bupa is making its biggest push into allied and holistic healthcare in Australia, after spending around $450 million to acquire Quadrant Private Equity's Partnered Health. Sources briefed on the deal told Street Talk that the British health…
Program lets farmers band together for health insurance plans
For Doug Barrie, a fifth-generation farmer in East Idaho, the options for affordable health insurance have been slim pickings. The employees at his farm in Ucon include him, his son and a handful of others, depending on the time of year. He's not…
Trump Celebrates Lower Car Insurance After Huge Cuts in Illegal Immigration
President Donald Trump is taking credit for lower car insurance rates since his border policies choked off the flow of illegal migrants that spiked accidents, thefts, and costs all across the country. Trump took to his Truth Social account on…
South Korea's hair-loss insurance proposal sparks backlash
SEOUL – South Korea is weighing whether to extend national health insurance coverage to common hair-loss treatments, a proposal that has sparked growing backlash from doctors and patient advocacy groups. The debate centres on whether…
New Statistics Canada report confirms extreme weather reshaping Canada's home insurance market
Insurance Bureau of Canada calls on governments to take immediate action on resilience OTTAWA, ON, June 17, 2026 /CNW/ - A new report, released yesterday by Statistics Canada, underscores a growing reality for Canadians: Extreme weather is…
Staggering surge in California insurance costs seen across state as new map reveals hardest hit areas
Homeowners in California are getting beat up by staggering insurance costs and a new map proves that the hardest hit areas are the ones with the highest wildfire risk. A new report from Stanford University 's Climate and Energy Policy Program…
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