Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
David Littleproud takes on 'parasitic' insurers' in the bush
Maranoa MP David Littleproud has made a formal complaint to the ACCC about crippling insurance premium rises in south-west Queensland. Six councils in the region have decided to become insurers after year-on-year increases in premiums for residents…
SFC seeks share buy-out order against former chairman of Target Insurance
The Securities and Futures Commission (SFC) has commenced legal proceedings seeking an order to require Ng Yu, former chairman of Target Insurance, to buy out public shares due to an alleged breach of fiduciary duties, while also seeking…
Penn Mutual Life Insurance Review: Cost & Coverage
Highly competitive term life insurance rates. Offers a no-exam application process for generous coverage up to $10 million. Long history of paying dividends on participating whole life policies. Penn Mutual did very well in our evaluations and was…
Emirates Offers War-Related Insurance as Gulf Carriers Reboot
Emirates Airline is offering travel insurance that includes medical coverage for war-related incidents and extended-stay support during disruptions, another example of how Gulf carriers are trying to reboot their businesses now that a US-Iran peace…
The Medicare Crisis for Insurers Is Over. The Easy Gains Are Too.
For the past few years, U.S. health insurers and their investors were hit from every direction. Patients flooded back to seek treatments after the pandemic, and Washington tightened the rules on Medicare Advantage. Margins collapsed and stocks…
Health insurer Bupa signs deal to buy integrated healthcare business
Bupa is making its biggest push into allied and holistic healthcare in Australia, after spending around $450 million to acquire Quadrant Private Equity's Partnered Health. Sources briefed on the deal told Street Talk that the British health…
Program lets farmers band together for health insurance plans
For Doug Barrie, a fifth-generation farmer in East Idaho, the options for affordable health insurance have been slim pickings. The employees at his farm in Ucon include him, his son and a handful of others, depending on the time of year. He's not…
Trump Celebrates Lower Car Insurance After Huge Cuts in Illegal Immigration
President Donald Trump is taking credit for lower car insurance rates since his border policies choked off the flow of illegal migrants that spiked accidents, thefts, and costs all across the country. Trump took to his Truth Social account on…
New Statistics Canada report confirms extreme weather reshaping Canada's home insurance market
Insurance Bureau of Canada calls on governments to take immediate action on resilience OTTAWA, ON, June 17, 2026 /CNW/ - A new report, released yesterday by Statistics Canada, underscores a growing reality for Canadians: Extreme weather is…
Staggering surge in California insurance costs seen across state as new map reveals hardest hit areas
Homeowners in California are getting beat up by staggering insurance costs and a new map proves that the hardest hit areas are the ones with the highest wildfire risk. A new report from Stanford University 's Climate and Energy Policy Program…
These Factors Can Impact Your Insurance Payments As Much As The Type Of Car You Drive
The type of car being insured hugely influences how much the owner's insurance premium is going to set them back, with power and price being some of the most important factors insurance companies consider. Therefore, while something like a Honda…
Package travel rules leave tour operators as 'insurer of last resort'
Jun 17, 202608:46 GMT by Ian Taylor The Package Travel Regulations (PTRs) leave tour operators “too often” as “the insurer of last resort”, Advantage Travel Partnership chief executive Julia Lo Bue-Said has told MPs.
Health insurance rates to jump 17%
By Taxpayers Association of Oregon Foundation, Medical insurance premiums in Oregon are likely to jump an average of 17 percent next year if insurers have their way, and purchasers of individual and small group health plans will have fewer options…
UAE airlines boost travel insurance cover
Sign up now: Get ST's newsletters delivered to your inbox Published Jun 17, 2026, 09:46 PM DUBAI – The UAE's two biggest airlines have launched beefed up travel insurance packages in an effort to lure back holidaymakers scared away by the…
Health insurers blame drug costs, reimbursement rates for planned double-digit premium hikes
Health insurers planning double-digit premium hikes for next year blamed escalating cost associated with pharmaceutical spending fueled by expensive specialty drugs and steep provider reimbursement rates that are difficult to negotiate down. Nearly…
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