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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.
ICA Calls For Stronger General Insurance Code To Better Protectconsumers
The Insurance Council of Australia (ICA) has expressed strong support for enhancing the General Insurance Code of Practice (Code) in...
Read moreInsurance Firms to Seek Clarifications on New IRDAI Health Insurance Guidelines
June 17, 2024 – Health and general insurance companies are expected to seek clarifications from the Insurance Regulatory and Development...
Read moreAlarming Impact on Kansas Children’s Health Coverage
TOPEKA, Kan. — Following a comprehensive review of Medicaid eligibility in Kansas, recent data reveals a significant impact on the...
Read moreCalifornia Insurance Commissioner Announces Wildfire Coverage Reforms
LOS ANGELES (CN) — California's Insurance Commissioner Ricardo Lara unveiled significant regulatory reforms on Wednesday aimed at increasing the availability...
Read moreProposed Insurance Rules Could Leave Many Californians Without Affordable Coverage
New regulations proposed by California Insurance Commissioner Ricardo Lara are unlikely to make home insurance affordable or accessible for many...
Read moreBusiness Owners Brace for Unforeseeable Events Amid Insurance Concerns
A recent study conducted by insurance broker Gallagher highlights a growing unease among U.S. business owners regarding the adequacy of...
Read moreCalifornia Introduces New Regulation to Boost Insurance in Distressed Areas
In a significant move to fortify the state's insurance market, California Insurance Commissioner Ricardo Lara announced a new draft regulation...
Read moreCiti Acquisition Expands Hsbc’s Wealth Management Portfolico
HSBC Bank (China) Company Limited, a subsidiary of HSBC Holdings plc, has completed the acquisition of Citi’s retail wealth management...
Read moreStrategic Advances Propel Australian Insurance Intermediaries To Future Prosperity
The landscape of insurance intermediary businesses in Australia is witnessing a strategic evolution, positioning them for sustained growth and resilience,...
Read moreAxis Insurance Managers Receives Substantial Investment Fromlee Equity Partners
Axis Insurance Managers, a prominent player in the insurance industry, has announced a substantial growth investment from funds managed by...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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