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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
Hurricane Helene Exposes Flaws in U.S. Insurance System
Five days after Hurricane Helene struck Boone, North Carolina, David Marlett was preparing to assist students and community members at...
Read moreACIL Calls for Stronger Overhaul of Insurance Code
The Australian Consumers Insurance Lobby Inc (ACIL) is pushing for significant changes to the Insurance Council of Australia’s (ICA) General...
Read moreBelgium’s Ageas Enters Exclusive Talks for 20-Year Insurance Partnership with UK’s Saga
LONDON (Reuters) – Belgian insurer Ageas has entered exclusive negotiations to form a 20-year motor and home insurance broking partnership...
Read moreGK General Insurance Extends Deadline for Hurricane Beryl Claims
GK General Insurance (GKGI) has announced an extension to the deadline for submitting Hurricane Beryl claims, now set for Tuesday,...
Read moreNew York Car Insurance Rates Set for Modest Increase, National Rates Surge
New York, NY — New projections indicate that car insurance rates in New York are set to rise by 4...
Read moreUPMC Faces $313M Operating Loss Amid Rising Costs and Restructuring
UPMC, a prominent 42-hospital network, reported a significant $313 million operating loss for the first half of the year, marking...
Read moreAPRA Unveils Four-Year Strategy to Strengthen Financial Sector Stability
The Australian Prudential Regulation Authority (APRA) has announced its Corporate Plan for 2024-25, outlining a comprehensive strategy aimed at fortifying...
Read moreIFRS 17 Adds Complexity to Already Challenging Reinsurance Market
The insurance industry faces a transformative period with the adoption of International Financial Reporting Standards (IFRS) 17, which replaces the...
Read moreTrump Proposes Government-Funded IVF Treatments Amid Abortion Debate
In a significant announcement at a campaign rally in Potterville, Michigan, former President Donald Trump declared that under a future...
Read moreIndia’s General Insurance Sector Poised for Robust Growth in 2024
India's general insurance sector is set to experience significant expansion, with a projected growth rate of 11.2% for 2024. This...
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Insurer And Contractors Claim Staged Injury Fraud
A captive insurer in the construction industry, along with three construction contractors, has filed a lawsuit in New York, alleging...
Markel Appoints Stacey Hinton as Head of Jewellers Block in Specie Unit
Markel has announced the appointment of Stacey Hinton as the new Senior Underwriter and Head of Jewellers Block within its...
Duck Creek Technologies Acquires Risk Control Technologies
Duck Creek Technologies, a global leader in software solutions for the property and casualty (P&C) insurance sector, has acquired Toronto-based...
Brokerbility Launches Comprehensive Cyber Insurance Proposition
In response to the rising threat of cybercrime, Brokerbility has unveiled a new end-to-end cyber insurance proposition designed to assist...
Hurricane Helene Exposes Flaws in U.S. Insurance System
Five days after Hurricane Helene struck Boone, North Carolina, David Marlett was preparing to assist students and community members at...
ACIL Calls for Stronger Overhaul of Insurance Code
The Australian Consumers Insurance Lobby Inc (ACIL) is pushing for significant changes to the Insurance Council of Australia’s (ICA) General...
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