Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
:max_bytes(150000):strip_icc()/indemnity_insurance.asp-finalv2-2e2d190b2b94472c81af5d2b549c975a.png)
Indemnity Insurance Explained: Coverage, Benefits, and Examples
Indemnity insurance provides financial protection for businesses and professionals against certain liabilities, particularly when the insured party is identified as responsible for an incident or oversight. Indemnity insurance provides compensation…
:max_bytes(150000):strip_icc()/subrogation.asp_final-5b57bc7e73f34722a43e07b0b946fcd4.png)
Understanding Subrogation in Insurance: Importance & How It Works
Subrogation allows an insurance company to recover the cost of a claim from the responsible party, ensuring that the at-fault party ultimately covers the expenses. Subrogation allows insurance companies to quickly pay out claims to their…
Chiefs trade for Justin Fields as Patrick Mahomes insurance
The 2025 NFL season was one to forget for Kansas City Chiefs fans. After spending the better-half of the past decade sleepwalking until the AFC Championship Game, the Chiefs found themselves on the outside looking in on the playoffs, this past…
The Best Car Insurance in Oklahoma 2026
Progressive has the best car insurance in Oklahoma thanks to highly competitive rates. USAA and Geico are also top-scoring insurers in the state. The average monthly cost of full coverage in Oklahoma is $178; minimum coverage cost an average of $57…
Hormuz Insurance Rates Spike After Vessel Strikes - TT
Oil tankers and ships line up in the Strait of Hormuz on March 11. (Altaf Qadri/Associated Press) Insurance for ships transiting the Strait of Hormuz remains available but now costs about 5% of a vessel's value amid escalating regional attacks. The…
Best Car Insurance in North Dakota 2026
Progressive is the best car insurance company in South Dakota, largely thanks to excellent rates. Nationwide is also one of the best insurers in the state. Car insurance companies in South Dakota charge $189 monthly on average for full coverage car…
Shipping Insurance Costs to Cross Hormuz Soar After Ship Attacks
Insuring vessels to sail through the Strait of Hormuz is still possible, even if at a very high cost, according to people involved in the market. The cost of coverage has leaped to about 5% of the value of a ship, roughly five times the level seen…
Hong Kong regulator sets 'comprehensive' review of medical insurance costs
Hong Kong's Insurance Authority aims to increase transparency and the available range of medical insurance products to address rising costs, while also reviewing regulations with an eye towards attracting more international life-insurance buyers.
College taps Cathy Duffy to lead new insurance course
763fd605-415d-4453-8e42-c7b67e362936 Created: Mar 16, 2026 03:43 PM (Updated: Mar 16, 2026 03:53 PM) New role: Cathy Duffy (Photograph supplied) Bermuda College has appointed a senior insurance leader to help develop what is intended to become…
Who covers AI business blunders? Some insurers cautiously step up
NEW YORK: As more businesses trust artificial intelligence 'agents' to independently grow their revenues, some insurance firms are stepping in to cover any mistakes – while others are steering clear. 'The whole intent of using advanced AI is…
Bike thefts are costing insurance companies more and more
Axa insurance paid out CHF 21 million for stolen bicycles last year. Although the number of thefts has fallen, the loss per case has reached a record level. This is due to increasingly expensive bicycles, especially e-bikes. In 2025, AXA…
How blue News readers are discussing the federal government's health insurance reform
The Federal Council wants to increase the minimum deductible for compulsory health insurance from 300 to 400 francs. However, the proposal is causing heated debate in the blue News community. Many blue News readers criticize the planned franchise…
Exclusive | Deep-pocketed NY trial lawyers on crash course with Hochul over car-insurance reforms
The trial lawyers' lobby is one of the most deep-pocketed and influential groups targeting Albany — putting it on a crash course with Gov. Kathy Hochul over her push to crack down on runaway litigation, a new report revealed. The big-gun…
Exclusive | NYC cops, firefighters back Hochul plan to curb car-insurance fraud: 'Make NY affordable'
Law-enforcement unions including for New York City police and firefighters are backing Gov. Kathy Hochul's plan to attack car-insurance fraud and rein in personal-injury lawsuits. Hochul's reforms aim to put the brakes on soaring auto-insurance…
Great anger against Federal Councillor Baume-Schneider over health insurance reform
Health costs continue to rise. Now the Federal Council wants to follow suit with the deductible and increase it to CHF 400. This is intended to bring more personal responsibility into the system. But there is strong resistance. The Federal Council…
Receive a Daily briefing on Insurance Industry News
Get Started