Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Iran floats insurance fees and asserts control over Hormuz
Iran sought to assert control over Strait of Hormuz by saying that ships need its permission and mandatory insurance to cross, even as the US said that 20 ships sailed through overnight via a route it recommends along Oman's coast. The conflicting…
US-Iran Talks Stall Before They Begin, Iran Floats Insurance Fees, More
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Legislative Roundup: Officials encourage travelers, homeowners to review insurance coverage during summer
The Pennsylvania Insurance Department (PID) is encouraging Pennsylvanians to review their insurance coverage and take the necessary steps to protect themselves during the summer vacation season. Whether traveling across the state, across the…
Why K-pop stars are getting backup careers - from dog groomers to insurance agents
Behind the glamour of South Korea's entertainment industry, an increasing number of celebrities are preparing for life beyond the spotlight. Facing the uncertainty of careers that can change overnight, several K-pop idols and TV personalities have…
Car insurance warning issued as motorists 'overpaying by 30%'
Motorists could be overpaying for car insurance cover Certain car insurance customers may be paying up to 30% more to use the roads, in a major blow for cash-strapped Britons. Motorists paying monthly for their insurance policies are being charged…
Insurers face call for clearer renewal pricing
Insurers in Australia are being asked to provide policyholders with transparent explanations for premium increases, particularly when renewal rates rise by more than 10% a year, Australian Financial Review reported. A draft revised insurance code…
Data center risks outgrow traditional insurance: Zurich
The growing global data center buildout is expected to require securitization as it creates risks too large for traditional insurance, according to Swiss firm Zurich Insurance Group AG, Crypto Briefing reported. The firm expects pure insurance risk…
Consumer court raps health insurance firm over 'wrongful' claim rejections
4 min read Ahmedabad Make us preferred source on Google A CONSUMER court in Ahmedabad has ruled against New India Assurance Co Ltd for “wrongfully rejecting” four medical insurance claims of a minor child with Rett Syndrome, holding…
California insurance crisis spreads beyond wildfire communities
The share of California homes insured through the state's FAIR Plan — a pricey insurer of last resort — has surged to roughly 5%, up from less than 2% in 2020, per a new Stanford study released this week. Why it matters: The jump…
Storms left many Tri-State homes damaged and flooded. Here's what insurance will likely cover
CINCINNATI — Severe weather overnight Wednesday into Thursday left homes rattled across the Tri-State. One family in Aurora, Ind., had their home completely leveled, while neighbors in Florence saw trees collapse onto roofs. And in Clermont…
Slide Insurance Chief Risk Officer Sells All His Stock. Should You Sell, Too?
The Chief Risk Officer of Slide Insurance Holdings (SLDE 1.54%) sold out all his stock recently. The Tampa, Fla.-based insurer specializing in residential coverage has posted a negative one-year return after going public in 2025. Matthew Paul…
Covington's Madison Theater closes abruptly after insurance drops coverage, owners announce
COVINGTON, Ky. — The Madison Theater in Covington is closing, effective immediately, its owners announced on social media Friday morning. 'This is not the ending we wanted, nor the one we fought for. We exhausted every option available to us…
Auto Owners Insurance Co Raises Stake in Fortive Corporation $FTV
Auto Owners Insurance Co grew its position in Fortive Corporation (NYSE:FTV - Free Report) by 5,421.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm…
Auto Owners Insurance Co Raises Stake in Qualcomm Incorporated $QCOM
Auto Owners Insurance Co increased its stake in Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 17,005.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned…
Auto Owners Insurance Co Raises Stake in Intel Corporation $INTC
Auto Owners Insurance Co increased its stake in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 5,997.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The…
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