Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Best Car Insurance in Tennessee 2026
Travelers is the best car insurance company in Tennessee, based on our analysis of complaints, collision repair scores and rates. Progressive and Geico are also among the top-scoring insurers in the state. The average monthly full coverage rate in…
Surging Oil Tanker Insurance Points to Growing Black Sea Chaos
The cost of insuring ships sailing through the Black Sea is surging again, as spiraling attacks on vessels underscore the growing risk of hauling commodities through the region. Underwriters are now charging about 1% of the value of a ship for…
Major insurance company plunges into administration - 16,000 policies cancelled
Over 16,000 policyholders have been affected by the failure Some 16,000 policyholders have been left unprotected after a Gibraltar -based motor insurance company serving UK customers plunged into administration in October last year. As part of the…
State health insurance agency loses damages suit against major tobacco companies on appeal
The National Health Insurance Service (NHIS), which administers Korea's universal health insurance system, lost its appeal seeking financial compensation from major tobacco companies, after also losing a lower court case in 2020. The Seoul High…
IRLA to host legacy insurance conference
a5afa992-bb65-4341-86a8-874577f9feac Sarah Ruberry, chairwoman, IRLA Bermuda and group chief compliance officer, Enstar Group (File photograph) The Bermuda branch of the Insurance and Reinsurance Legacy Association will host its first conference…
Cyber insurance could triple by 2030: Gallagher Re
The global cyber insurance market was estimated at about $16.9 billion in gross written premium for 2025 and “could reasonably scale” to between $30 billion and $50 billion by 2030, according to a report Tuesday by Gallagher Re. The…
Fewer Americans sign up for Affordable Care Act health insurance as costs spike
Fewer Americans are signing up for Affordable Care Act health insurance plans this year, new federal data shows, as expiring subsidies and other factors push health expenses too high for many to manage. Nationally, around 800,000 fewer people have…
Colorado's HOAs are getting crushed by insurance. Can anyone help? (Editorial)
Getting your Trinity Audio player ready... Homeowners association fees for people living in condominiums or other multi-unit dwellings have been increasing year after year — doubling one year only to go up again the next — and the…
Two of California's major home insurers set to raise rates this year
Two of California's major home insurers set to raise rates this year 6:30 P.M. WELL, TWO OF CALIFORNIA'S HOME INSURERS ARE RAISING THEIR RATES THIS YEAR. THE RATE HIKES ARE PART OF THE INSURANCE DEPARTMENT'S YEAR OLD SUSTAINABLE INSURANCE STRATEGY.
New York City nurses defiant on Day 3 of strike: 'Everybody deserves health insurance'
Almost 15,000 nurses at New York-Presbyterian, Mount Sinai and Montefiore hospital systems struck for the third day on Wednesday. The strike, the largest by nurses in the history of the city, is a powerful sign of the emergence of the working class…
Colts linked to $10 million promising backup quarterback as Daniel Jones' insurance | Sporting News
The Indianapolis Colts ' quarterback situation is looking incredibly uncertain heading into the 2025 offseason. When healthy, Daniel Jones looked like a franchise quarterback this year. However, he tore his Achilles tendon in Week 14 and is set to…
Florida insurance costs up for debate as lawmakers return
(The Center Square) – Florida's insurance market has stabilized in recent years as more companies entered the state and others lowered costs. But homeowners and drivers are still paying some of the highest rates in the nation, and the…
HSBC considers selling its Singapore insurance business
Sign up now: Get ST's newsletters delivered to your inbox HSBC is reviewing options for its Singapore insurance unit, HSBC Life (Singapore), which may include a sale valued at over US$1 billion. This review follows HSBC's global business revamps…
Insurance giants are no longer afraid to sue over 'team poaching
London's insurance sector is becoming increasingly litigious as the battle for niche talent intensifies, after a wave of High Court cases suggests ‘team poaching' has become a legal flashpoint. If, like me, you are glued to the court filing…
Health insurers are hurting Maine's most vulnerable patients | Opinion
Alexander Katopis of Saco is a University of Southern Maine employee and co-owner of a community-based mental health agency. At four and a half months old, my son was diagnosed with positional plagiocephaly, a condition involving asymmetrical…
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