Insurance
Insurance industry news, policies, regulation and risk.
235 articles
Allstate's National General Unit Recruits Direct Sales Agents for Local Growth Push
National General, an Allstate company, is hiring Direct Sales Agent Specialists to generate new business, cross-sell, an...
AIG's 'Flight to Quality' Points to Hardening Market, as Turnaround Gains Traction
AIG posted a headline $8 billion net loss in Q2 but saw commercial rate hikes and improved underwriting ex-catastrophes,...
Star Health Q1 net rises 25% on premium surge, underwriting profit turnaround
India’s largest standalone health insurer posted a 25% jump in first-quarter net profit to ₹550 crore, buoyed by a 19% p...
Appeals Court Finds AIG Must Defend Coverage Denial for LDS Abuse Settlement
A Tenth Circuit ruling revives a church’s quest for insurance coverage of sexual abuse settlement costs, finding the pol...
Mississippi Court Upholds Total Disability Benefits for Repetitive Strain Food Plant Worker
Mississippi appeals court rules that a food plant worker with carpal tunnel from repetitive tasks is owed permanent tota...
New Jersey Court Orders Ride-Hailing Insurers to Cover Pedestrians’ Medical Bills
A state appellate court ruled that liability policies for transportation network companies (TNCs) must include personal ...
CFC Adds Affirmative AI Cover to Media Insurance, Tackling Hallucination and Downtime Risks
Specialist insurer CFC has enhanced its media policy to explicitly cover losses from AI hallucinations, large language m...
California Cumulative Trauma Claims Surge, Early Denials Under Scrutiny
Cumulative trauma claims now account for nearly a third of California indemnity claims, driving up litigation costs as i...
Russian Central Bank Proposes 14-Day Cooling-Off for OSAGO Data Verification
The Bank of Russia wants insurers to check MTPL client data within two weeks or lose the right to cancel contracts unila...
Spanish Health Insurers Confront Cost Surge and Demand Boom with Premium Rises and New Strategies
Leaders from Aegon, DKV, Sanitas, Asisa, SegurCaixa Adeslas and Mapfre gathered to discuss how to navigate soaring healt...
Spain’s Health Insurers Brace for Premium Hikes as Demand and Costs Surge
Spain's top health insurers warned of inevitable premium increases to meet demand driven by public healthcare strains, c...
Allstate Recruits Senior Manager to Lead Property Catastrophe Claims Amid Rising Weather Losses
The insurer is hiring a remote-based leader to oversee a 100+ employee team handling multi-peril property claims, signal...
Workers Comp Medical Inflation Slows to 1%—But NCCI Warns It Won’t Last
Medical costs for U.S. workers compensation claims rose just 1% in June year-over-year, well below recent averages. The ...
US Construction Site Theft Doubles in One Year, Insurers on Alert
A new report from TrueLook and Noonlight reveals break-ins at commercial construction sites nearly doubled from 2024 to ...
South Carolina’s Liquor-Liability Fix: A Captive Insurer That Checks Bathrooms and Jello Shots
Faced with unaffordable mandated coverage, a group of hospitality owners and a wealth manager turned captive insurer is ...
Criminal networks account for one in ten luxury watch insurance claims
Fraudulent claims on luxury watches are increasingly organised, with inflated valuations and counterfeit pieces among th...
French Unions and Employers Urge Caution Over €800m Savings Plan for Workplace Injury Insurance
Facing a government bid to slash the AT-MP branch’s deficit by €800 million from 2027, unions and employers have issued ...
Europe's Wildfire Crisis Puts Insurers' Urban Exposure Models to the Test
Morningstar DBRS says losses remain manageable for large diversified insurers unless the fires reach densely populated a...
Willis Warns Data Centre Sector Over-Insuring: Urges Shift to Risk-Led Buying
Insurance broker Willis (WTW) says many data centre owners may be buying excessive capacity without understanding their ...
The Climate Resilience Gap That Shows Up at Insurance Renewal
Most companies can map physical climate risks, but few present insurers with a funded adaptation plan. Zurich Resilience...
El Niño’s Hurricane Suppression Is No Safety Net for Insurers
Warmer Pacific waters may reduce storm counts, but decades of coastal development and soaring property values mean a sin...
Nigerian Insurers in Final Sprint to Beat July 31 Capital Deadline
With 50 of 58 insurers already verified, the regulatory crunch will decide which firms survive the new capital regime an...
Travelers Recruits Remote Property Claims Representative for Maryland Territory
The insurer is hiring an outside property claim rep to handle first-party losses in Maryland, highlighting remote work a...
Allstate Details Remote Insurance Sales Role, Expands Virtual Workforce
Allstate is recruiting licensed insurance sales representatives for a remote position with target pay of up to $76,480. ...
Three Years After NotPetya: Insurance Industry Shifts Toward Standalone Cyber Coverage
The $10 billion NotPetya attack exposed war-exclusion loopholes and the pitfalls of silent cyber, accelerating adoption ...
Travelers Seeks Inside Auto Appraiser, Spotlighting Digital Claims Evolution
The insurer's job posting reveals a desk-centric claims role that blends technology with traditional damage inspection, ...
WAHVE Recruits Remote Commercial Lines CSRs as Phased Retirement Trend Reshapes Insurance Workforce
WAHVE is seeking experienced commercial lines CSRs for remote, flexible roles with full benefits, betting that semi-reti...
WAHVE Taps Retiring Insurance Pros for Remote Underwriting Support Roles
The remote-work platform WAHVE is actively recruiting experienced insurance professionals for part-time and full-time un...
QuestGates Acquires Manchester-Based Liability Adjuster Howell Wild
The deal strengthens QuestGates’ specialist liability proposition and continues its strategy of investing in niche, high...
SC Captive Insurer Bets on Hands-on Vetting to Fix Liquor Liability Crisis
A South Carolina captive insurance company is using surprise inspections and secret-shopper visits to underwrite bars, o...