Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Claims for rats and mice infestations could spike this autumn, insurer warns
News from the City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Insurance claims related to rats and mice could spike…
Insurance professionals urged to adapt as industry changes
CHICAGO — Insurance professionals should build their personal brands, develop skills that remain valuable as the industry changes and be prepared to take risks in managing their careers, industry executives said Thursday. They were speaking…
Hartford Insurance Group Inc. stock outperforms competitors on strong trading day
Shares of Hartford Insurance Group Inc. HIG rallied 2.02% to $129.48 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.10% to 51,231.64 and the S&P 500 Index…
What Higher Interest Rates Are Telling Insurance Investors
For insurance investors, bond yields play a defining role in long-term planning, with the effects of their levels and movements rippling across balance sheets. If inflation isn't behind higher rates, the next item on some investors' lists might be…
Health Care Down as Michigan Files Suit Against Insurer -- Health Care Roundup
Health-care companies fell amid fears that health insurers would remain in regulatory crosshairs during the election season. Michigan's attorney general filed an antitrust suit against the state's largest health insurer Blue Cross Blue Shield of…
Okanagan growers say crop insurance isn't keeping up with a changing climate
For Okanagan grape grower Karnail Singh Sidhu, farming has always meant accepting something he cannot control. The weather can bring extreme heat, cold, drought, hail, or wildfire smoke, and any one of those can wipe out a crop or make grapes…
We're Investigating Prior Authorization. Help ProPublica Understand Your Health Insurance Denial.
Last year, many of America's largest health insurers vowed to reduce their use of prior authorization — the extra layer of approval insurers require before covering a medical expense. The industry's pledge came after massive backlash to the…
Ontario storms cause $396M in insured losses: CatIQ
The Sept. 2 to 3 severe storm outbreak in Southern Ontario, Canada, caused an estimated insurance industry loss of 563 million Canadian dollars ($396 million), according to Toronto-based Catastrophe Indices and Quantification Inc., Artemis…
GST Council allows Input Tax Credit on employee group health and life insurance
The GST Council has made a significant move by allowing Input Tax Credit on group health and life insurance policies for employees, a decision poised to substantially ease financial burdens for employers and boost insurance penetration across…
Insurance Australia Group, RAC challenge $942M merger rejection
Insurance Australia Group Ltd. and RAC Insurance Pty Ltd. have lodged applications for a tribunal review of their blocked 1.3 billion Australian dollar ($942 million) takeover deal, Insurance News reported. The move for a tribunal review comes…
Building insurance for share-of-freehold property ...
Please or to access all these features Join the discussion and chat with other Mumsnetters about everyday life, relationships and parenting. DC is buying a share-of-freehold flat. There are 8 flats in the building. Six are let out, but his and one…
Rideshare insurance fraud in Winnipeg prompts crackdown: MPI - Winnipeg
Winnipeg rideshare drivers will face greater scrutiny of their auto insurance policies after a Manitoba Public Insurance (MPI) review found many are operating without proper coverage. Uber and Lyft are among the approved rideshare providers in…
Sam Altman-backed bitcoin (BTC) insurer Meanwhile raises $37.5 million investment
Meanwhile, a life insurer focused on bitcoin and backed by OpenAI founder and CEO Sam Altman, raised $37.5 million as it expands outside the U.S. The funding round was led by existing investor Bain Capital Crypto, with participation from Haun…
Pity the Next Insurance Commissioner of Oklahoma
In the waning weeks of the midterm election cycle, the question of who will serve as Oklahoma's next insurance commissioner is unlikely to be a topic of intense speculation at dinner tables around the country — or in Oklahoma, for that…
DWP confirms State Pension is a benefit despite National Insurance contributions
Millions of people receive the State Pension after reaching retirement age, but despite workers building up entitlement throughout their working lives, it is officially classed as a benefit. HM Revenue and Customs (HMRC) describes the State Pension…
Receive a Daily briefing on Insurance Industry News
Get Started