Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How One Company, Neptune Flood, Is Pushing a Private Takeover of Flood Insurance
Flood risk is a losing bet for most insurance carriers because, when a big storm hits, damage can be extraordinarily costly and concentrated. That has left the federal government to insure most flood-prone properties for the past half century. But…
HSBC Starts Strategic Review of Insurance Business in Singapore
HSBC Holdings Plc said it opened a strategic review of its insurance business in Singapore, as part of the group's ongoing simplification globally. The review will cover HSBC Life Singapore and “consider all options” for the insurance…
Hanwha insurers invest combined $67.85 mil. in CHA Biotech
Hanwha Group's two insurance units committed a total of 100 billion won ($67.85 million) to invest in CHA Biotech, part of a strategic investment to find synergy between digital healthcare and insurance. According to CHA Biomedical Group, Friday…
Is Indexed Universal Life Insurance Right for You?
Indexed universal life insurance is a type of permanent insurance that offers flexible premiums and a cash value feature. Cash value growth is tied to a market index and calculated using a policy-specific crediting formula, often with a 0% floor if…
The New Year insurance shock facing 14 million Australians
The price of top private health insurance cover for a family has blown out to almost $17,000 a year as consumers brace for above-inflation premium hikes from April and consumers abandon gold-tier policies in droves. Data collated from the federal…
Hong Kong employee insurance costs to jump 15% amid surge in day procedures: study
More Hong Kong employees are seeking to have minor day procedures covered under the inpatient services of their group medical insurance, a joint study has found, while projecting a near 15 per cent increase in employers' premiums this year. The…
Students Should Insure an Investment as Important as College
We appreciate the opportunity to respond to the recent opinion essay, ' Degrees of Uncertainty ' (Dec. 15, 2025). The author raises important questions about rising college costs, institutional incentives, and the risks of oversimplifying complex…
HSBC starts review of insurance business in Singapore
Sign up now: Get ST's newsletters delivered to your inbox Published Jan 16, 2026, 02:32 PM SINGAPORE – HSBC Holdings opened a strategic review of its insurance business in Singapore, as part of the group's ongoing simplification globally.
Hochul pledged to save NYers a bundle of money on car insurance, but plan already facing pushback
Gov. Kathy Hochul pledged to save drivers a bundle of money on car insurance by switching state laws on personal injury lawsuits – but high-powered attorneys want to ensure that never happens. Hochul said she will push reforms that would put…
HSBC to review Singapore insurance business as it slims down globally
HSBC said on Friday (Jan 16) it was undertaking a strategic review of its insurance business in Singapore, as it moves to simplify its operations globally. The review of HSBC Life (Singapore), which offers a wide range of life, health…
Maryland Announces $850K Settlement Over Title Insurance Payment-for-Referrals Scheme
NOTE: The Maryland Office of the Attorney General shared the following press release: BALTIMORE, Md. – Attorney General Anthony G. Brown announced today that his Consumer Protection Division has entered into a settlement with Maryland-based…
Insurance Policyholders Now Rate Insurers by How Fast They Pay
The report “ The Demand for Instant Insurance: Why Speed Is the New Trust,” a collaboration between PYMNTS Intelligence and Ingo Payments, underscores that insurance markets are now firmly tilted toward consumers, with elevated…
Trump's 'great health care plan' would lower drug costs and insurance premiums: White House
President Trump released his “great health care plan” on Thursday that he vowed will put Americans first and allow them to purchase their own health care options, thereby lowering the cost of prescription drugs and insurance premiums.
FOX23 Investigates: OK insurance bill touted as consumer protection could benefit insurers, critics say
OKLAHOMA — The Oklahoma Insurance Commissioner is backing legislation he stated would strengthen consumer protections and help rein in rising homeowners insurance costs; however, critics argue the proposal could instead shield insurance…
AI: Insurance's New Operating System For 2026
As insurers have entered the AI age, they've regarded the technology as something like a hot new phone app: They know they want it, but they are still figuring out the best way to use it. For 2026, SAS' industry experts foresee a breakthrough year…
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