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 Pet Insurance in Connecticut
Pets Best is the best pet insurance company in Connecticut because of competitive rates as well as coverage and policy features. The average monthly cost of dog insurance in Connecticut is $48. Cat insurance costs an average of $23 per month in the…
Hong Kong's war-risk pool testament to collaboration, insurance leader says
The launch of a marine war-risk pool by Hong Kong insurers is a prime example of how the city's insurers can collaborate not just for the benefit of the local economy but for the entire nation, an industry veteran has said. At the South China…
E-bike injury claims pushing up car insurance costs for motorists
E-bike injury claims have pushed up premiums for motorists, a non-profit has warned, as the cost of damages paid out to those injured surpasses £100 million. The number of claims submitted to the Motor Insurers' Bureau (MIB), the organisation…
Sompo to acquire comp specialist Service Insurance
Sompo International said Tuesday it has agreed to acquire Service Insurance Cos., a workers compensation specialist focused on small and midsize businesses. Terms of the deal were not disclosed. The transaction, which will be completed through one…
Editorial: Should Oregon mandate insurance coverage for IVF?
Published 10:00 am Tuesday, July 7, 2026 One in six people is infertile, according to the World Health Organization. There can be many causes. In vitro fertilization can help couples overcome a number of problems to achieve pregnancy. IVF is when…
California dominates least insurable counties in the US as new map is released
California's dreamiest housing markets are turning into an insurance nightmare. A new national map from Insurify names California the least insurable state on the West Coast — with Los Angeles and Santa Cruz counties both scoring above 95 on…
Manitoba businesses, insurers flooded with storm damage claims and repairs - Winnipeg
A season of wild weather in Manitoba has made for some busy businesses and insurance companies. “After a large storm like this it's a higher volume of calls, maybe double, and earlier in the month it was maybe triple the phone calls,”…
Sompo agrees to acquire US workers' compensation insurer
ef5c6586-85b1-427a-be3f-dd02997124b5 Created: Jul 07, 2026 12:04 PM (Updated: Jul 07, 2026 12:04 PM) Acquisition: Sompo International has acquired Service Insurance Companies Bermudian-based Sompo International Holdings Ltd has agreed a deal for…
Insurers face 'significant' claims for war-damaged vessels
The insurance industry is set to face significant claims for container ships, bulk carriers and oil tankers damaged during the Iran war, according to German firm Allianz SE, New Telegraph reports, citing Bloomberg. The vessels impacted by the…
Driving mistake 'stays on record hitting insurance for rest of life'
Getting your insurance cancelled by the provider is a serious blot on your record, experts said Making one key mistake - especially when young - will tarnish your record and make insurance premiums rise for the rest of your life with ‘no…
Holidaymakers issued travel insurance warning over EES queues in Europe
This summer Brits travelling to and from Europe face a major change when crossing the border. Under the EU 's new entry requirements, UK travellers must now comply with the Entry/Exit System (EES). The EES requires third-country nationals…
MAS proposing new corporate structure for insurance
SINGAPORE – Singapore is making a push to deepen its role as a risk management hub for Asia, or the go-to location for companies to mitigate risks and build financial safety nets. The Monetary Authority of Singapore (MAS) is proposing to…
US insurance firm spots gap in UK market for 'Cancel For Any Reason' travel protection
Jul 7, 202606:34 GMT by Phil Davies A ‘Cancel For Any Reason' (CFAR) travel protection service is being introduced for UK travellers from today (Tuesday). The California-based firm behind the concept claims to be introducing an entirely new…
Farmers in Erode urged to enrol under crop insurance scheme for Kharif 2026
District Collector S. Kandasamy has urged farmers in the district to enrol under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif 2026 season to protect themselves against crop losses caused by unforeseen events and ensure income…
Insurers Find a Loyalty Test in Every Premium Payment
For millions of drivers, paying an auto insurance bill is one of the most common financial transactions they make, yet it is also one of the least appreciated opportunities for insurers to strengthen customer relationships. Claims naturally command…
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