Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump's insurance move for oil
The president said Tuesday he was ordering the U.S. Development Finance Corp. (DFC), a federal agency, to provide political risk insurance for shipping companies traveling through the Persian Gulf. Oil prices have spiked since the U.S. and Israel…
Japan Post Insurance to shift to high-yield bonds, CEO Says
Japan Post Insurance plans to sell holdings of lower-yielding government bonds and replace them with higher-yielding debt on expectations for further interest-rate hikes, according to its chief executive officer. The life insurer expects the Bank…
HMRC alert to anyone with a National Insurance number
Anyone with a National Insurance number has received an alert from HM Revenue and Customs (HMRC). In a recent message, HMRC has stressed the need to share it only in certain circumstances. This crucial identifier could be exploited for identity…
Trump wants US to insure Mideast oil shippers
President Trump took steps Tuesday aimed at preventing a decline in global oil supply and giving shipping companies financial protection amid the war in Iran. © AP Photo/Mark Schiefelbein The president said Tuesday he was ordering the U.S.
US Ship Insurance, Traders Assess US Escort Plan, More
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CNBC Daily Open: Trump promises insurance and protection for Gulf shipping
Trump said the U.S. will offer insurance for Gulf shipping. U.S. markets pare losses on Trump's reassurance. A prolonged surge in natural gas prices could hit Europe and Asian economies. Outages in apps and digital services in the UAE as AWS data…
$15 billion of the insurance industry is at risk from AI, BofA says
Investors who shrugged off last month's artificial intelligence (AI) scare in the insurance sector might want to brace themselves for a reality check. A new report from BofA Global Research estimates more than $15 billion in insurance industry…
Trump Says US Will Escort, Insure Tankers for Hormuz Routes - TT
An oil tanker in the Strait of Hormuz in 2017. (Kaveh Kazemi/Getty Images/Bloomberg) President Donald Trump said the U.S. will provide insurance guarantees and possible Navy escorts to keep oil tankers moving through the Strait of Hormuz. The move…
The Best Pet Insurance in Rhode Island 2026
ASPCA, Figo and Embrace are the best pet insurance companies in Rhode Island, based on our analysis. Dog insurance in Rhode Island averages $37 monthly, which is much cheaper than the national average of $52. Pet owners in Rhode Island benefit from…
Best Car Insurance in South Carolina 2026
Progressive is the best car insurance company in South Carolina, according to our analysis. Travelers and Southern Farm Bureau are also highly rated. Car insurance in South Carolina averages $194 a month for full coverage. Progressive, Travelers…
Maritime Lifeline: Trump Offers Straits of Hormuz Naval Escorts, Political Risk Insurance
It came as little surprise that, in response to Operation Epic Fury, there quickly followed reports that Iran was threatening to close the Strait of Hormuz. As our Ward Clark noted at the time: The Strait is a major shipping lane, as well as being…
Insurers Are Keeping Ships Away From the Strait of Hormuz
Just south of the Strait of Hormuz, marine maps show what looks like a traffic jam, dozens of ships clustered near each other. Beyond the strait, in the Persian Gulf, there's another snarl of maritime traffic. That's because the Strait of…
Trump says US will insure oil tankers, escort them through Hormuz
Washington | President Donald Trump said the US would provide insurance guarantees and naval escorts to ensure safe passage for oil tankers and other vessels through the Strait of Hormuz, intending to head off a potential energy crisis caused by…
Trump orders oil tanker insurance support
(Reuters) – President Donald Trump said on Tuesday he had ordered the U.S. International Development Finance Corporation to provide political risk insurance and financial guarantees for maritime trade traveling the Gulf, adding that the U.S.
Travel insurance warning for Brits travelling to these 76 countries
A warning has been issued to Brits heading to certain countries Brits visiting certain countries across the world are at risk of invalidating their travel insurance. The Foreign, Commonwealth and Development Office (FCDO) regularly updates its list…
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