Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
The Shortcomings Of Health Insurance & The Rise Of Transparent Pricing
Clarissa Windham-Bradstock, Chief Executive Officer at Any Lab Test Now. Half of all American workers are in high-deductible health plans, according to the U.S. Bureau of Labor Statistics. Employers pay an average of $9,325 in annual…
The New Career Insurance Policy? A Personal Brand
Dr. Charis Chambers, a ob-gyn, like many women, built a social media following alongside her medical career to gain more profesisonal leverage. By the time Dr. Charis Chambers realized medicine alone would not guarantee stability, she had already…
When Insurance Disappears, Economies Follow. The G7 Has A Unique Opportunity To Act
(Photo by Emidio JOZINE / AFP via Getty Images) Every time a flood wipes out a town in Mozambique, a drought devastates smallholders in the Sahel, or a wildfire tears through communities in southern Europe, the question that follows is always the…
Fidelity Life Insurance Review
Fidelity Life specializes in life insurance policies that don't require a medical exam. It sells term life, senior whole life, guaranteed-issue, accidental-death and final-expense life insurance. The company offers policies geared toward senior…
Opinion | How war-risk marine insurance can set Hong Kong apart
As conflict in the Middle East sends marine insurance costs surging, Hong Kong has an opening to prove that it is more than a port city by becoming a trusted centre for risk pricing, legal certainty and maritime resilience. When tensions rise in…
Young drivers urged to steer clear of 'ghost broking' insurance scams
News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Motorists aged 17 to 25 are being warned about…
Hartford Insurance Group Inc. stock outperforms competitors despite losses on the day
Shares of Hartford Insurance Group Inc. HIG shed 1.13% to $135.02 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 7,353.61 and Dow Jones Industrial Average DJIA…
She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
When Annie Benjamin invested $99,000 in an annuity 10 years ago, she trusted the insurance company to provide her with retirement income. She also relied on the company's regulator to ensure the insurer could meet its obligations. Benjamin's trust…
Citigroup Sees a Return Opportunity in Insurance Brokers, Upgrades Arthur J. Gallagher (AJG)
Arthur J. Gallagher & Co. (NYSE: AJG) is included among the 10 Best Long Term Low Risk Stocks to Buy According to Hedge Funds. On May 7, Citigroup upgraded Arthur J. Gallagher & Co. (NYSE:AJG) to Buy from Neutral and set a $250 price target, down…
Canadian insurers propose earthquake backstop
Canadian property and casualty insurers have proposed a public-private earthquake backstop called the Canadian Earthquake Risk Protection Act, according to the Insurance Bureau of Canada, Canadian Underwriter reported. The solution would operate on…
UK Asked to 'Provide Clarity' Over Flood Insurer of Last Resort
The UK government must provide clarity on the future of Flood Re or risk seeing its failure to do so feed through to the country's housing market. That's according to the Climate Change Committee, a group created back in 2008 under an act of…
Young drivers urged to steer clear of 'ghost broking' insurance scams
Motorists aged 17 to 25 are being warned about “ghost broking” scams, as a survey indicates around half (49%) of young drivers have bought insurance through social media or messaging apps. Around four in 10 (39%) young drivers…
Americans Who Can Are Dropping Medical Insurance
Have you observed what is happening with medical insurance in the United States? There is an upheaval taking place. You might be experiencing it yourself. The Wakely Consulting Group has taken upon itself to track trends in the medical insurance…
As ACA enrollment drops, higher insurance rates may follow
Enrollment in the Affordable Care Act continues to erode as some customers struggle to make premium payments, with the declining numbers churning market uncertainty for insurers. In response, insurers are likely to raise rates again next year…
Security is like insurance: You only value it after the crash
Derryn Bentley, head of new business development at Info.Blueprint. The most sophisticated technical defences in the world can be undone by a single person. According to the 2023 Verizon Data Breach Investigations Report, 74% of all breaches…
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