Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Mutual of Omaha Life Insurance Review
Mutual of Omaha earned a rating of 2.7 out of 5 stars in our evaluation of life insurance companies. The company sells term, universal, indexed universal life insurance and small whole life policies It stands out for its high customer satisfaction…
When Wall Street's Insurance Playbook Goes Wrong
As the US rumbled toward Civil War, the abstinence movement faltered and the firm became Phoenix Mutual Life Insurance Co., insuring drinkers, too. When mergers swept through the industry more than a century later, Phoenix joined in. As investors…
Medicare Part B premiums are rising. So are private health insurance costs.
Americans are going to be paying more for health insurance next year. As rising costs remain a national concern, more expensive insurance will likely strain people's budgets. A notice released by the Centers for Medicare and Medicaid Services (CMS)…
More than £1.1bn of fraudulent general insurance claims detected in 2024 - ABI
Sign up for our email featuring expert insight and funding opportunities for entrepreneurs and SMEs I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. Some £1.16 billion worth of…
More than £1.1bn of fraudulent general insurance claims detected in 2024 - ABI
Some £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14 billion detected the previous year – according to the Association of British Insurers (ABI). Insurers…
A Chinese firm bought an insurer for CIA agents - part of Beijing's trillion dollar spending spree - BBC News
'For many years, we assumed that virtually all of China's money flows were going to developing countries,' says Brad Parks, executive director of AidData. 'And so, it came as a great surprise to us when we realised that actually there were hundreds…
Insurance penetration continues to remain low
'By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.' The Insurance Regulatory and Development…
Time To Raise Health Insurance Cover
'Buy early and review the sum insured regularly.' 'Combining individual or family policies with corporate cover, along with top-ups and wellness programmes, can help maintain strong health protection throughout life.' A growing number of Indians…
Hong Kong watchdog urges scrutiny of travel insurance terms amid claims disputes
Hong Kong's consumer watchdog has warned residents travelling abroad to carefully compare the scope of coverage and exclusions of different insurance plans, following complaints regarding disputes over travel insurance claims. The Consumer Council…
Resumption of Citizens Insurance alternative dispute hearings ordered
State-owned Citizens Property Insurance Corp. may continue to process more than 400 claims through an alternative dispute system that critics say produces rulings favorable to the insurer. A circuit judge from Leon County, Jonathan Sjostrom, signed…
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Canara HSBC Life Insurance appoints Dinesh Tak as chief agency officer
Canara HSBC Life Insurance has named Dinesh Tak as chief agency officer, adding leadership capacity to support the company's effort to strengthen and expand its proprietary distribution network. In his new role, Tak will oversee the development of…
Small scratch - car insurance
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AI liability a new frontier for insurers
aae2fd08-93d8-4754-86aa-187c564710c4 Created: Nov 17, 2025 07:59 AM (Updated: Nov 17, 2025 08:07 AM) Lee Harris, of the Financial Time s, left, Christina Lucas, global director and market leader, insurance, Google; and Freddie Scarratt, insurtech…
How travel insurance through a credit card works
Kicking yourself for not spending a little bit extra on travel insurance for your next trip? You may already have it. As it turns out, some credit cards — particularly travel credit cards — automatically come with travel insurance…
Indian Insurers Ask Banks to Tweak Bond Trade Norms After Swings
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