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 Real Cost Of AI For Banks And Insurers Is Not The Price Of A Token
Monica Hovsepian is the Global Financial Services Lead at OpenText. The question has changed. A year ago, leaders asked what AI could do for their business. Now they ask something more practical: What will AI actually cost a bank or insurer once…
Sun Life launches new insurance subsidiary in Bermuda
Sun Life announced on Tuesday the establishment of Sun Life Bermuda Limited, a new wholly owned insurance subsidiary that expands its Private Wealth capabilities in Bermuda to include participating life solutions, amid growing demand for…
Hins Cheung buys $40m insurance policy, hopes insurer 'makes money'
Hong Kong singer Hins Cheung has revealed that he bought an insurance policy worth more than HK$40 million as a gift to himself last year — and now hopes the insurer makes money from it. SCROLL TO CONTINUE WITH CONTENT Cheung made the…
Map shows where average home insurance costs more than $5,000 a year
Florida's property insurance market is finally improving after years of instability caused by excessive litigation, widespread fraud and an exodus of major carriers, but homeowners in the state are still paying the highest premiums in the nation…
Why Online Insurance Distributor Stocks Are Under Pressure?
Shares of online insurance distributor companies PB Fintech and Turtlemint Fintech Solutions continued to remain under pressure, falling up to 7 per cent and hitting respective 52-week lows on the Bombay Stock Market (BSE) in Tuesday's intra-day…
Corgi has become insurance's wildest startup. Internal messages reveal the drama behind the scenes.
'If you can't raise a dog, you cannot run an office.' That was the message Nico Laqua, cofounder and CEO of buzzy insurance startup Corgi, sent to staff in the New York office about one of the company's short-legged mascots. A vet had told the…
Takeaways from the AP's analysis on the fundamental flaws in the national flood insurance program
The nation's flood insurance program struggles to balance affordability, flood protection and cost to taxpayers, leaving millions vulnerable at a time when climate change is driving flood risk higher. Nationwide, just 2.4% of properties are covered…
Millions who need flood insurance the most don't have it as flawed federal program raises prices
In eastern Kentucky, Libby Honeycutt listened upstairs to the sound of glass breaking below as floodwaters tore apart her house. Twenty-six miles to the south, Ronald Conley rescued his dogs from his elevated house with a pontoon boat. Jennifer…
Insurers make their case before MAHA
Health insurers on Tuesday will tell a 'Make America Healthy Again' summit that they're partners in efforts to make patients healthier and health care more affordable, not the political boogeymen President Trump and others have made them out to be.
Takeaways from the AP's analysis on the fundamental flaws in the national flood insurance program
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Property resilience investments outpace insurer recognition
Commercial property owners are investing in resilience measures, such as roof upgrades, automatic sprinklers and water-monitoring technologies, but insurer recognition of those efforts is still catching up, sources say. Property resilience remains…
84% of investors say rising home insurance premiums impacted their cash flow in 2026
Want more housing market stories from Lance Lambert's ResiClub in your inbox? Subscribe to the ResiClub newsletter. ResiClub once again teamed up with LendingOne, one of the fastest-growing private real estate lenders in the country, to run a…
Florida gubernatorial candidates clash over property insurance fixes a month before the midterm elections
With the election a little more than a month away, candidates for Florida governor are refining their messages to sway voters on the state's property insurance crisis. On Monday, Democratic candidate David Jolly held a virtual presentation to…
Editorial: Insurers need to match state's energy on fortified roofs
When the state began offering grants to homeowners to add fortified roofs that would help their property become more resilient to storm damage, we thought officials had unlocked one key to lowering the skyrocketing insurance rates that were…
Goosehead Insurance raised to Buy at Texas Capital, citing AI concerns are overblown (GSHD:NASDAQ)
Goosehead Insurance (GSHD) was raised to Buy from Hold at Texas Capital Securities, citing that the AI disintermediation concerns are overblown. The price target was reduced to $66.00 from $80.00. Shares were 1.94% higher at $45.25 during…
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