Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What Is Instant Life Insurance?
Instant life insurance often refers to policies that are issued within minutes or a few days, such as 24 to 72 hours. If you're eligible for instant life insurance, you do not need to take a medical exam, though your medical history might be…
The Best Pet Insurance in South Dakota for 2026
Pets Best offers the best pet insurance in South Dakota with excellent rates, six deductible levels and an unlimited coverage option. The average cost for dog insurance is $39 a month in South Dakota. Cat insurance costs $25 per month on average in…
National Life Group Life Insurance Review
National Life Group offers one of the best whole life insurance policies among the insurers we analyzed. Up to $5 million in no-exam permanent life insurance is available for buyers up to age 50. Less-competitive term rates and high internal policy…
Hartford Insurance Group Inc. stock outperforms competitors despite losses on the day
Shares of Hartford Insurance Group Inc. HIG slid 2.07% to $128.97 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.58% to 7,563.63 and the Dow Jones Industrial Average…
Insurance Australia Settles in Greensill Federal Court Case
Insurance Australia Group Ltd. said it has agreed to a settlement of proceedings brought by Greensill Bank AG and its insolvency administrators. IAG said the settlement won't have a material impact on its financial position, according to a…
New alliance is insurance as AI reaches 'defining moment': UK
The UK wants to deepen ties with Australia to tackle the risks of advanced artificial intelligence models such as Mythos, boost sovereign tech capabilities in middle-power democracies and eliminate the drag of tall poppy syndrome on…
Climate Risk Is Rewriting the Logic of Global Insurance
In 2018, California's insurer of last resort carried roughly 127,000 policyholders. By the end of 2025, it carried more than 668,000, with residential exposure approaching $603 billion in June 2025, a 424 percent increase since 2020. The Palisades…
Progressive Now No. 1 U.S. Private Auto Insurer For Full 12 Months, Estimates Show
S&P Global Market Intelligence plans to post first-quarter statutory results on or about May 20, with trailing 12-month data scheduled for posting the following day. Based on the aggregation of available statutory results from 43 entities, we…
Eli Lilly Back in $1 Trillion Club as Insurance Coverage Expands for Zepbound
Eli Lilly shares are on pace to hit a new all-time closing high on news of increased insurance coverage for its blockbuster weight-loss drug Zepbound. Lilly shares earlier hit $1,149.10, up 6.1%, though the stock has retreated a bit and was…
Billionaire with Bay Area ties sentenced to prison in $2B insurance fraud scheme
A billionaire and insurance mogul with Bay Area ties was sentenced to 12 years in federal prison after he orchestrated an elaborate scheme that defrauded multiple insurance companies out of $2 billion that he used to buy mansions and private jets…
Should California insurance commissioner really be an elected position? Here's what candidates for the job say
Every four years, Californians elect an insurance commissioner — one of just a dozen states nationwide to use that method to choose the top insurance regulator. Some current candidates for the job think the position, charged with…
Insurance platform Corgi valued at $2.6 billion in latest funding round
29 May 2026 02:02AM (Updated: 29 May 2026 02:14AM) May 28: AI insurance platform Corgi said on Thursday it raised $106 million in a funding round led by investment firm TCV that valued it at $2.6 billion. The funding round underscores strong…
Pritzker indicates he'll sign new insurance regulations
(The Center Square) – Gov. J.B. Pritzker is expected to sign two bills headed to his desk that give the state power over auto and home insurance rates. “I look forward to signing these common-sense protections into law,” the…
Barney Frank's Legacy Continues To Shape Insurance
Former Massachusetts Rep. Barney Frank's legislative effort to safeguard the American financial system through the Dodd-Frank Act yielded landmark banking reforms as well as meaningful changes for the insurance industry.... To view the full…
Generali Central Life Insurance pegs FY26 bonus at ₹102 cr
Generali Central Life Insurance has announced a bonus of ₹102 crore for FY26, a 21 per cent growth from last year. The bonus declaration will benefit over 95,000 policies, reinforcing the company's commitment to delivering sustained value to…
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