Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Low volatility stocks like insurers and REITs are suddenly turning into market leaders, Katie Stockton says
Rotation from leaders into laggards is becoming more apparent in the market, and low-volatility stocks are among those that are benefiting. This is a notable shift after a technology-led advance, and it supports the idea that market leadership is…
Driving mistake 'stays on record hitting insurance for rest of life'
Getting your insurance cancelled by the provider is a serious blot on your record, experts said Making one key mistake - especially when young - will tarnish your record and make insurance premiums rise for the rest of your life with ‘no…
Is mortgage protection insurance necessary for homeowners?
If you were to die with a mortgage balance remaining, mortgage protection insurance — also known as mortgage life insurance — would ensure it got paid off. That way, your loved ones could continue to live in your home without worrying…
Indonesian insurers' profits drop 25%
The Indonesian General Insurance Association expects the country's general insurance industry to remain under pressure in 2026, with combined profits down 25% year on year to 4.3 trillion Indonesian rupiah ($264 million) in the first four months of…
US insurance firm spots gap in UK market for 'Cancel For Any Reason' travel protection
Jul 7, 202606:34 GMT by Phil Davies A ‘Cancel For Any Reason' (CFAR) travel protection service is being introduced for UK travellers from today (Tuesday). The California-based firm behind the concept claims to be introducing an entirely new…
My pet insurance didn't fully cover a $6,000 emergency vet bill-why I'm keeping my plan
When I got my dog, Otis, in the fall of 2020, I knew I was taking on an adorable, but serious financial responsibility. I've tried to make smart financial moves to pay for his care over the years, including getting a pet insurance policy when I…
Insurers Find a Loyalty Test in Every Premium Payment
For millions of drivers, paying an auto insurance bill is one of the most common financial transactions they make, yet it is also one of the least appreciated opportunities for insurers to strengthen customer relationships. Claims naturally command…
Driving mistake stays on your record and 'insurers ask every time
Making one critical error – particularly while young – can permanently damage your record and cause insurance premiums to remain elevated for life, with 'no time limit' according to an expert. The problem centres on having a policy…
Copay Assistance Is Meant To Defray Patient Drug Costs. Some Insurers Keep It Instead.
For 16 years, Larry Gruber, a fitness coach from Wilton Manors, Florida, received a coupon card to help him pay for a psoriatic arthritis medication he needs that costs more than $7,700 a month. Each year, Amgen, which makes the drug, called…
Vero Beach homeowner says 'up and up' insurance costs totaling $9K may force her to sell home
VERO BEACH, Fla. — A Vero Beach homeowner says skyrocketing insurance costs may soon force her out of her home, and her story is one many Florida homeowners know all too well. Kelly Hagen reached out to share her frustration over the…
The Financial Risks of Delaying Health Insurance Coverage
Many people put off buying health insurance because they feel healthy. It is easy to see why. When there are no immediate medical concerns, paying a premium can feel like an expense that can wait. Between household bills, loan repayments…
Insurance veteran Dale McLeod joins Pan-American Life
Multiple Million Dollar Round Table (MDRT) member Dale McLeod has joined Pan-American Life Insurance Company of Trinidad and Tobago Ltd (PALICTT), ending a 38-year tenure with Guardian Life. The move took effect on July 1. In a statement, PALICTT…
California home insurance premiums spike 84% as wildfire risk grows, Stanford researchers say
STANFORD, Calif. (KGO) -- While fast moving wildfires continue to threaten wide sections of California, another deepening crisis is smoldering. Researchers at Stanford examined the forces driving what they say is an 84% increase in average…
Private insurers' commission payouts on the rise, mis-selling risk grows: RBI
The commissions being paid by the private insurers in the life and general insurance sector have shown a sharp rise and pose an increasing risk of mis-selling in insurance, according to the Reserve Bank of India (RBI). While the public insurers had…
National-level co-operative life insurance company soon, says Amit Shah
Union Cooperation Minister Amit Shah on Monday announced that a pan-India co-operative life insurance company will soon be established. This will mark the fifth national-level co-operative body launched by the NDA government, following the recent…
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