Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Space startups seek insurance for orbital AI data centers
By Akash Sriram and Jemima Denham NEW YORK/LONDON, June 18 (Reuters) - Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX…
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…
Questions to Ask Before Buying a Life Insurance Policy
Choose an agent who demonstrates expertise in your needs and can clearly explain the differences among policy types. Ask how the agent calculates your life insurance needs to ensure the recommendation aligns with your financial goals. Review the…
Insurers forecast double-digit premium hikes
Australia's biggest insurers said the rising cost of natural disasters and inflation in the construction industry will increase premiums by double digits each year for the foreseeable future, Australian Financial Review reported. Persistent…
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…
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…
Space startups seek insurance for orbital AI data centers
(Reuters) — Space companies have spoken with insurers about coverage for orbital AI data centers, a sign of early progress for an experimental industry backed by Elon Musk's SpaceX and Jeff Bezos' Blue Origin. The concept of data center…
Damage claims could reach 40,000 after June storms: Manitoba Public Insurance
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: One year of digital access for only $1.44 a week * Enjoy unlimited…
Tankers sail through Strait of Hormuz; insurers still cautious
(Reuters) – Three Saudi-flagged supertankers with 6 million barrels of crude onboard and other ships sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran to end their war, ship tracking data…
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…
Ontario Blue Cross Launches Rainy Day Coverage, a Canadian First in Travel Insurance
TORONTO, June 18, 2026 /CNW/ - Ontario Blue Cross is redefining travel insurance with Rainy Day coverage, the first weather-based travel insurance offering of its kind in Canada. This innovative parametric coverage uses automated weather monitoring…
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…
IRDAI forms AI working group to guide insurers
The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a working group on AI for guiding regulated entities in the insurance sector on adoption, governance and oversight of AI technologies. The working group, chaired by…
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…
Receive a Daily briefing on Insurance Industry News
Get Started