Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Fuel crisis a lesson against 'insurance' for non-essential industries
The fallout from the conflict in the Middle East has left Australians feeling more anxious about the economy than they have for 50 years. Understandably, many are now asking what we can do differently to protect us from the next major shock. The…
Health insurers' 'aggressive' tactics causing closures, private hospitals say
A former Bupa executive has accused health insurers of using 'almost bullying' tactics in their negotiations with private hospitals. As private hospitals and units close around the country, the industry has pointed much of the blame at large…
How to Use Life Insurance to Fund a Trust
If an irrevocable life insurance trust is the owner and beneficiary of a policy you can keep the death benefit out of your estate. Having a trust as a beneficiary of a life insurance policy can also help you control where the money goes in the…
Health insurer Bupa accused of anti-competitive behaviour
Health insurance giant Bupa has been accused of anti-competitive behaviour in its dealings with private hospitals, which critics say is ultimately reducing choice for Bupa customers. Leaked documents have revealed how the insurer's contracts impose…
Sophisticated AI-powered insurance fraud tests detection systems
The rise in artificial intelligence (AI)-driven insurance fraud is putting the insurance sector on high alert, as insurers struggle to keep pace with increasingly sophisticated digital forgery techniques despite deploying their own AI-powered…
Nvidia's 'AI insurance policy' balances immediate and future AI approaches
AI is promising a lot these days, to change how we work, influence how we live, and transform network traffic. It's interesting, exciting even, but suppose it's all hype? Wall Street has been increasingly antsy about AI claims, and Nvidia is…
Universal Insurance: High Returns May Signal Softer Market To Come (Downgrade) (NYSE:UVE)
Universal Insurance Holdings delivered strong Q1-2026 results, beating EPS and revenue estimates, driving a 12% share price surge. I now rate UVE a hold, lowering from buy, citing expected earnings and revenue declines in 2026–2027 amid…
Most insurers expect AI to transform business models
b60452ab-3347-409d-bc19-a8b12d5d2e70 Created: Apr 27, 2026 11:07 AM (Updated: Apr 27, 2026 11:08 AM) Tech transformation: 37 per cent of survey respondents expects staff to be redeployed to higher value work (Adobe stock image) Six out of ten…
Canadian insurance market is competitive but complex, Aon's Spring 2026 Market Update
TORONTO, April 27, 2026 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, has released its Spring 2026 Canadian Insurance Market Update. Published in support of Aon's ongoing commitment to help Canadian clients make better…
Fire risk isn't occasional, it's constant: The importance of industrial fire insurance
From the blazes in Lucknow's Vikas Nagar and Ghaziabad's Kanavani that claimed lives and rendered thousands homeless to those at Gurugram's packaging factory and Bharuch's chemical factory that caused major losses, a number of massive fire…
Who wants to be California's insurance commissioner? Your guide to the candidates
Picking the next insurance commissioner could be one of the most important decisions Californians make for their wallets this election year. They may have seen a big increase in their insurance premiums in the past couple of years. They might know…
Cabrella Named Exclusive Insurance Partner for PSA's Inbound Shipping Program
Partnership Brings Comprehensive Insurance Coverage to Collectors Submitting Cards to the World's Leading Authentication Service LOS ANGELES, April 27, 2026 /CNW/ -- Cabrella, a leading provider of shipping insurance and logistics risk management…
Rolls Royce taken away after 'insurance story' for £400k motor fails to add up
Police seized a Rolls Royce worth around £400,000 after the driver was found to be lacking some key paperwork. West Yorkshire Police stopped the Rolls Royce Cullinan on Lilycroft Road in Bradford after spotting the driver without a seatbelt.
Short sellers' bets on life insurance stocks soar as private credit concerns grow
Short sellers' bets against US life insurance stocks more than doubled in the past year to over $5 billion, a Reuters analysis of ORTEX data shows. Analysts say the move in part reflects concerns about exposure to the opaque private credit sector.
Duck Creek Kicks Off Formation '26 as Strong Fiscal Momentum Signals Accelerating Demand for its Intelligent Core Insurance Platform
Company highlights double-digit SaaS growth, global expansion, and launch of its new agentic AI platform as industry leaders gather in Orlando BOSTON, April 27, 2026 /CNW/ -- Duck Creek Technologies, the intelligent core of insurance, today kicks…
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