Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Best Pet Insurance in Wisconsin
Spot is the best pet insurance company in Wisconsin in our analysis thanks to its excellent coverage, great range of customization options and more. ASPCA and Pumpkin also scored well in our evaluation. The average monthly cost of pet insurance in…
Cost of AI default insurance spikes as data centre confidence wobbles
The cost of insuring against US tech defaults has hit record levels in the latest sign of credit stress building in the AI trade, especially for data centres dependent on future revenue. SCROLL TO CONTINUE WITH CONTENT The moves reflect rising…
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ICICI Life Insurance's new ad looks at why future planning feels stressful
ICICI Life Insurance has launched ‘Har Kal Aasaan', a new brand platform developed with Ogilvy that looks at the anxiety often associated with planning for the future. The launch film centres on everyday moments that people might otherwise…
Car insurance premiums jump by almost 60 per cent in four years
Comprehensive car insurance premiums have jumped another 10 per cent after similar hikes last year. It follows an ASIC review that called for more transparency behind insurer calculations. The federal government has called on insurers to step up…
Why your health insurance is dropping GLP-1 coverage
The promise of GLP-1 drugs has always depended on people being able to afford them. These drugs still cost hundreds of dollars per month if you're paying cash, at which point access becomes a privilege: The higher-income executive who wants to trim…
Shinhan's Lotte Insurance deal faces profitability, capital hurdles
Shinhan Financial Group is seeking to bolster its nonbank operations by acquiring Lotte Insurance, but analysts cautioned Thursday that a meaningful contribution to group earnings may take time, as the insurer could require substantial additional…
The Hartford insurance review 2026: Affordable car coverage for seniors with robust discounts
Select independently determines what we cover and recommend. We earn a commission from affiliate partners on many offers and links. This commission may impact how and where certain products appear on this site (including, for example, the order in…
The cost of insuring against AI company defaults spikes
More investors are looking to hedge against a potential downturn in the AI boom, driving up the cost of credit default swaps tied to hyperscalers. Investors are piling into the insurance contracts as anxiety grows over the huge amount of capital it…
Local insurers go solo amid AI policy vacuum
South African insurers have reported using AI at a baseline level for general efficiencies. (Image source: iStock) South African insurance providers are“quickly” catching up with banks in implementing artificial intelligence (AI) for…
Insurance rebate not in nation's best interest
To submit a letter to The Age, email. Please include your home address and telephone number below your letter. No attachments. See here for our rules and tips on getting your letter published. The action of One Nation, the Coalition and the Greens…
Cat modeller estimates $3bn insured loss from Isaias
d67a52af-85f8-47f0-8dac-3f530ac06db7 Created: Oct 15, 2026 03:39 PM (Updated: Oct 15, 2026 03:40 PM) People salvage the contents of their destroyed mini mart in the aftermath of Hurricane Isaias in Milton, Florida, Saturday (Photograph by Gerald…
Specialty insurers weigh AI liability risks, resist exclusions
SAN DIEGO – Specialty insurers are more likely to examine artificial intelligence risks case by case than exclude them entirely, but uncertainties surrounding liabilities are a major concern, excess and surplus lines executives say. AI…
Isaias insures losses estimated at up to $4bn
7968306c-ca3f-47d9-af54-55f28695694f Created: Oct 15, 2026 05:58 AM (Updated: Oct 15, 2026 06:00 AM) Cleaning up: Curt Brown picks up debris left by Isaias around his RV home last Saturday (Photograph by Octavio Jones/AP) Hurricane Isaias is…
Report: insurers pulling back as climate risks grow
32129e70-099e-4f80-8eda-3ed11a68e967 Growing risk: people salvage the contents of their destroyed mini mart in the aftermath of Hurricane Isaias in Milton, Florida last Saturday (Photograph by Gerald Herbert/AP) Insurers are withdrawing coverage…
French supermarkets' cyber insurance unlikely to cover food losses, insurers say
LONDON/PARIS – French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lead to higher premiums in…
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