Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Best Car Insurance in Florida 2025
Travelers is the highest-rated car insurance company in our Florida analysis due to its below-average rates and low level of complaints. Geico and Mercury are also top-scoring Florida car insurance companies in our evaluation. Geico is the cheapest…
Insurance In 2026: The Impact Of CX, AI, And Gig Economy Microinsurance
Insurance In 2026: CX, AI, And Gig Economy Microinsurance The global insurance industry is heading into a transformative year in 2026, with seismic shifts driven by the rise of AI, the urgency of customer experience (CX), expansion into uncharted…
Three major Japan life insurers see revenue growth in April-September
Three of Japan's four major life insurance companies enjoyed insurance premium income growth in April-September, their earnings reports have shown. All the four — Nippon Life Insurance, Meiji Yasuda Life Insurance, Sumitomo Life Insurance…
Autumn Budget income tax and national insurance rumours - what it means for you
Rachel Reeves will deliver her Autumn Budget on November 26 — but what will this mean for income tax and national insurance? As part of its manifesto, Labour promised not to increase VAT, national insurance, or income tax for working people.
Best Life Insurance Companies for Seniors of 2025
Protective, Pacific Life, Penn Mutual and Nationwide are the best life insurance companies for seniors among the insurers in our analysis. They provide competitive costs and coverage options for buyers at ages 60 and 70. These companies also offer…
Gov't push for low car insurance premiums creates dilemma for insurers as profits fall
Non-life insurers are facing a car insurance dilemma, as their need for higher premiums to grapple with falling profits clashes with the government's shared growth initiative, industry officials said Thursday. The government wants to keep premiums…
Insurers to Spend More on Tech for DPDP Compliance
The DPDP rules, which have come into effect, require companies to implement a data protection and consent management system by November 2026. Insurance companies will have to increase investments in technology and build an effective consent…
Taiwan Insurers Seek $2.9 Billion Relief With Accounting Change
Taiwan's life insurers proposed changes to accounting rules that will cut annual hedging costs by an estimated NT$90 billion ($2.9 billion) and provide relief for excessive currency swings, according to a statement from an industry group. The…
Cheap Life Insurance: The Most Affordable Coverage from Our Top-Rated Companies
Legal & General America, Symetra, Penn Mutual and Principal are the cheapest life insurance companies in our evaluation. They offer competitive term insurance rates for buyers at various ages. Each also offers no-exam policies and options for…
Bundling car and renters insurance could save you up to $659 a year - here's how
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
Health insurance claims jump 21% in FY25, but settlements lag
Even as insurance regulator Irdai flagged concerns about the widening gap between health insurance claims and the amounts actually settled, the volume of claims filed continued to surge, with claims in FY25 rising 21.18 per cent, according to Irdai…
State Farm seeks rate decrease for California car insurance
State Farm is asking California regulators to approve a 6.2% rate decrease on car insurance, citing a trend of decreasing auto claims costs, the company announced Thursday. State Farm Mutual Automobile Insurance Co. is the largest auto insurer in…
After series of denials, his insurer approved doctor-recommended cancer care. It was too late.
For nearly three years, Eric Tennant endured chemotherapy infusions, rounds of radiation, biopsies, and hospitalizations that left him weak and depleted. 'It's good to be home,' he said after one hospital stay in early June, 'yet I'm tired and…
Here's The Top Ways a Specialized Insurance Agency Can Benefit Small Businesses
The support of an insurance agency can be essential for daily life and operations, but this is especially true for small businesses. The right agency can be a vital partner for future growth, helping a small business to assess risks, find tailored…
Panic Tears Through U.S. as Health Insurance Costs Spike
Open enrollment is under way for 2026 insurance coverage, and millions of Americans are facing extreme sticker shock thanks to the end of expanded Affordable Care Act subsidies, which capped Obamacare premiums for a “benchmark”…
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