Insurance Industry News

A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

wsj.com - Jennifer Lobb - What Is a Mutual Insurance Company?
What Is a Mutual Insurance Company?
Wall Street Journal

Mutual insurance companies are owned by policyholders, not shareholders. When you have a mutual life insurance policy, you can receive dividends based on the company's annual profits. You can typically use dividends to purchase more coverage…

bloomberg.com - Annika Inampudi - US to Speed Insurance Coverage for Breakthrough Medical Devices
US to Speed Insurance Coverage for Breakthrough Medical Devices
Bloomberg

Breakthrough medical devices will get faster insurance coverage in the US under a new government program that coordinates coverage with the approval process, streamlining one of the biggest hurdles for patient access and industry sales. The Centers…

thestandard.com.hk - The Standard 英文虎報 - Police bust syndicate in $1.7m travel insurance scam, nine arrested
Police bust syndicate in $1.7m travel insurance scam, nine arrested
The Standard

Nine people have been arrested for participating in a travel insurance scam totaling over HK$1.7 million, claiming overseas injuries with fake hospital records without having left Hong Kong. SCROLL TO CONTINUE WITH CONTENT The arrests came after…

mirror.co.uk - Levi Winchester - Your job title could add £364 to your home insurance bill
Your job title could add £364 to your home insurance bill
The Mirror

Comparison website Go Compare has revealed there is a £364 gap between the cheapest and most expensive job titles when it comes to home insurance. When you fill in an insurance form, you are normally asked for your occupation - and new data…

wsj.com - Jennifer Lobb - The Best Pet Insurance in North Dakota 2026
The Best Pet Insurance in North Dakota 2026
Wall Street Journal

Pets Best is the top-scoring pet insurance company in our analysis, thanks to low rates and robust coverage options. The average cost of dog insurance in North Dakota is $34 a month, while cat insurance averages $16 a month. Comparing a company's…

chron.com - Universal Insurance: Q1 Earnings Snapshot
Universal Insurance: Q1 Earnings Snapshot
Chron

FORT LAUDERDALE, Fla. (AP) — FORT LAUDERDALE, Fla. (AP) — Universal Insurance Holdings Inc. (UVE) on Thursday reported earnings of $54.3 million in its first quarter. On a per-share basis, the Fort Lauderdale, Florida-based company…

ttnews.com - Keiron Greenhalgh - What Fleets Can Do About Rising Insurance Costs in 2026 - TT
What Fleets Can Do About Rising Insurance Costs in 2026 - TT
Transport Topics

'The cost to repair vehicles is more significant now than it used to be,' Anderson said. (vitpho/Getty Images) Trucking insurance costs are set to rise again in 2026 as insurer availability shrinks and carriers face mounting pressures. ATRI data…

rediff.com - Aathira Varier - Jio Financial formalises general insurance foray with Allianz
Jio Financial formalises general insurance foray with Allianz
Rediff.com

Jio Financial Services and Munich-based Allianz Group have solidified their partnership by signing a binding agreement to establish a 50:50 joint venture for general and health insurance in India, aiming to capitalise on the nation's accelerating…

royalgazette.com - David Fox - Orbway to launch parametric space insurance MGA
Orbway to launch parametric space insurance MGA
The Royal Gazette

f9084957-8e1f-48e1-81f2-ca9cedae2f4d Created: Apr 23, 2026 05:03 PM (Updated: Apr 23, 2026 05:04 PM) Orbway secures Bermuda licence to launch parametric space insurance MGA (File photograph) A London-based company has built a specialty managing…

royalgazette.com - Claire Shefchik - Global insurance rates fall for seventh quarter
Global insurance rates fall for seventh quarter
The Royal Gazette

7c14c3fe-f62d-4203-86a4-ba76244d051a Created: Apr 23, 2026 04:35 PM (Updated: Apr 23, 2026 04:35 PM) Marsh's Global Insurance Market Index found that composite rates fell 5 per cent in the first quarter (File photograph by Blaire Simmons) Global…

businessinsurance.com - Turkish non-life insurance market grows 28%
Turkish non-life insurance market grows 28%
Business Insurance

The Turkish non-life insurance market posted gross written premiums of 340 billion Turkish lira ($7.6 billion), up 28% year on year, according to the Insurance Association of Turkey, Middle East Insurance Review reported. This figure represents 86%…

independent.co.uk - Millie Cooke - Scrap national insurance to support youngsters at risk of AI job hit, Sunak says
Scrap national insurance to support youngsters at risk of AI job hit, Sunak says
The Independent

The government should move towards scrapping national insurance contributions to help young people whose jobs are being wiped out as a result of artificial intelligence, Rishi Sunak has suggested. The former prime minister - who was appointed as an…

seekingalpha.com - SA Transcripts - Selective Insurance Group, Inc. (SIGI) Q1 2026 Earnings Call Transcript
Selective Insurance Group, Inc. (SIGI) Q1 2026 Earnings Call Transcript
Seeking Alpha

Selective Insurance Group, Inc. (SIGI) Q1 2026 Earnings Call April 23, 2026 8:00 AM EDT Brad Wilson - Senior VP of Investor Relations & Treasurer John J. Marchioni - CEO, President & Chairman Patrick Brennan - Executive VP & CFO Michael Phillips -…

theweek.com - The Week US - Medicare Advantage: Insurers get a pay bump
Medicare Advantage: Insurers get a pay bump
The Week

Americans in privately run Medicare plans caught a break earlier this month, said Maya Goldman in Axios. Dr. Mehmet Oz, the head of the Centers for Medicare and Medicaid Services, announced that the government will increase average Medicare…

businessinsurance.com - Allianz, Jio seal India general insurance deal
Allianz, Jio seal India general insurance deal
Business Insurance

Netherlands-based Allianz Europe BV has entered into a binding agreement with India-headquartered Jio Financial Services Ltd. to form a primary insurance joint venture offering general insurance in India, Reinsurance News reported. The companies…

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