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 The Insurance Industry Is Getting Right About AI But Not About People
When 76% of insurers have deployed AI but half the workforce is looking to leave, the technology strategy and the talent strategy are not the same strategy. The insurance industry's AI transformation is real and accelerating. Claims automation…
Chinese car owners are struggling to insure their cheaper vehicles
The arrival of several new Chinese brands has opened the door to cheaper new cars for UK drivers in the last 18 months. But there is a hidden cost that's making them far less affordable than motorists first realise. This is because some motor…
Best car insurance after an accident 2026
A single accident can raise your car insurance premium for years. And multiple tickets or at-fault crashes can push you into “high-risk” territory where fewer insurers are willing to offer competitive rates. But being labeled a…
The Best Pet Insurance in Alaska 2026
Pets Best earned the highest score in our Alaska pet insurance evaluation, due to its cheap rates and policy features like direct-to-vet payments. Embrace and Figo are also top-scorers in our analysis. The average monthly cost of pet insurance in…
Senior Elevance Executive Peter Haytaian to Leave Health Insurer
Elevance Health Inc. executive vice president Peter Haytaian is planning to leave the company, according to people familiar with the matter. Haytaian is president of the health insurer's fast-growing Carelon services division, which includes…
Model Tess Holliday claims she was denied life insurance for weighing 'over 300 lbs
Model Tess Holliday on Wednesday claimed that she was denied life insurance coverage because of her weight. 'I'm sorry. Yes, I did think that I could get life insurance as a 40-year-old, non-smoking, non-drinking, non-health issue having human.
State Farm announces $5 billion dividend; $100 average refund coming to car insurance customers
State Farm announced a $5 billion dividend for its car insurance members. Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid. Auto repair costs are starting to…
How Florida property insurers keep secrets from policyholders - with the state's help
Getting your Trinity Audio player ready... Florida property insurers are keeping secrets. Empowered by industry-friendly state statutes and court rulings, they're blocking access to information about how their firms set premiums, handle claims, and…
Blue Jays News: Toronto Makes Low-Risk Insurance Move
The latest Blue Jays News feels more practical than flashy. The Toronto Blue Jays are bringing back veteran right-hander Max Scherzer on a one-year, incentive-heavy deal, sources reported on Thursday. While it's not the kind of mind-shocking move…
Insurance Industry Still On Alert After Tariff Ruling
The U.S. Supreme Court ruling last week striking down the Trump administration's emergency tariffs was an overall positive for the insurance industry, but experts say elevated prices could still lead to higher... To view the full article, register…
Florida House approves new homeowners insurance bill
TALLAHASSEE, Fla. – A new property insurance bill was unanimously approved in the Florida House on Wednesday afternoon, putting it on a path to possibly take effect later this year. The bill — HB 767 — was filed back in…
Maine Democrats propose $250M plan to offset rising health insurance costs
AUGUSTA, Maine — State House Democrats unveiled a plan to spend a quarter of a billion dollars to pay for health care in Maine. Legislative Republicans want to know how the state would pay for it. At a State House news conference, Democratic…
Root Insurance Turned Profitable in 2025 and the Market Hasn't Caught Up Yet
Root (ROOT) achieved a sub-100% combined ratio in 2025 with $40.3M net income. Root reached underwriting profitability for the first time. Root's independent agent channel tripled new writings year-over-year in Q3 2025 within a $100B addressable…
Health insurance, inflation and federal funding cuts: Here's what's driving school budget increases this year
Vermonters headed to the polls on Town Meeting Day will cast votes on critical decisions around school district budgets and the future of small elementary schools, as property taxes and education reform remain top of mind for lawmakers and voters.
Kyle Busch settles $8.5M lawsuit against insurance firm over 'fishy' practices
Kyle Busch settled his lawsuit against an insurance firm after 'fishy' practices The saga between Kyle Busch and Pacific Life Insurance Company has been resolved. In October 2025, Busch, the NASCAR star, released a video with his wife, claiming…
Receive a Daily briefing on Insurance Industry News
Get Started