insurance
34 stories related to this topic, newest first.
The TimesSapiens International Sets Up London Headquarters to Expand AI Insurance Tools
Private equity-backed Sapiens International is establishing a London headquarters. The company plans to use artificial intelligence to automate portions of insurance work. Abu Dhabi holds a stake in the firm.
MarketWatchCVS to Cover Lilly GLP-1 Medications for Weight Management
CVS will add coverage for two GLP-1 medications produced by Eli Lilly. The decision expands access for millions of Americans seeking treatment for weight management.
New York PostNorth Carolina Man Sentenced to 12 Years for Insurance Fraud
Greg Lindberg received a 12-year prison term after pleading guilty to conspiracy and money laundering charges. Prosecutors said he diverted more than $2 billion from insurers that held retirement savings for thousands of policyholders.
manilatimes.netBurns & Wilcox Global Solutions Deploys Novidea Insurance Platform
Burns & Wilcox Global Solutions has implemented the Novidea insurance management platform across its London-based wholesale broking operations. The deployment covers three trading entities and more than 100 users.
New York PostWildfire Sprinkler System Offers Insurance Discount in California
Frontline Wildfire Defense says its exterior sprinkler system protected 59 of 61 customer homes during last year’s Los Angeles fires. The company has partnered with Stand Insurance to offer up to a 25 percent premium discount for homes equipped with the system.
Japan TimesNippon Life Books ¥70 Billion Impairment Loss on Government Bonds
Nippon Life Insurance recorded a ¥70 billion impairment loss on Japanese government bonds for the year ended March 31. The charge is the company's first since the Bank of Japan began raising interest rates in March 2024.
valuewalk.comThree Vehicle Checks Advised Before Summer Road Trips
Roadside assistance providers and auto experts recommend checking tires, cooling systems, and insurance coverage before long summer drives. The period between Memorial Day and Labor Day accounts for elevated rates of heat-related breakdowns.
theprint.inApex Auto Solutions Inc Launches App Connecting Customers to Insurance and Financing Providers
Apex Auto Solutions Inc announced a new app on May 25, 2026, that links users to insurance and financing options from selected providers. The platform allows comparison of auto, personal, and business products in one interface.
finance.yahoo.comWR Berkley Stock Returned 588 Percent Over 15 Years
An investor who bought $100 of WR Berkley stock 15 years ago would hold shares worth $688.46 today. The insurance company posted an average annual return of 13.73 percent, beating the broader market by 1.65 percentage points per year.
news.google.comLife insurance company offers rewards for healthy habits
John Hancock's Vitality program gives policyholders points for activities such as gym visits and preventive screenings. Points can be redeemed for gift cards, retail discounts, and lower premiums of up to 25 percent.
rismedia.comHomeowners and Renters Can Take Steps to Speed Insurance Claims Before Summer Disaster Season
NPR reported on three actions that homeowners and renters can take ahead of summer disaster season to help insurance claims process more quickly. The guidance focuses on documentation, policy review, and communication with insurers.
techcentral.co.zaSmall Business Insurance Policies Often Fail to Match Current Operations
Many small business owners purchase insurance to meet initial requirements and renew it annually without updating coverage. Experts note that changes in operations, staff size, and services can leave gaps in protection for both common and less visible risks.
yaleclimateconnections.orgForecasters Predict Below-Average Atlantic Hurricane Season for 2026
The National Oceanic and Atmospheric Administration forecasts eight to 14 named storms this season. Insurance premiums in coastal states are not expected to decrease as a result.
insurancejournal.comConvective Capital Raises $85 Million Fund for Disaster Resilience
Convective Capital announced an $85 million fund focused on disaster resilience. The fund expands the firm's earlier focus on wildfire technology to broader physical risk management.
The HillACA Marketplace Enrollment Falls by 1.2 Million After Enhanced Credits Expire
Enrollment in Affordable Care Act marketplaces dropped 1.2 million in 2026 after enhanced premium tax credits ended. KFF estimates 4.8 million to 5.8 million people may lose coverage this year as average monthly premiums rose 58 percent.
NprACA Marketplace Enrollment Projected to Fall by 5 Million in 2026
KFF analysis projects enrollment in Affordable Care Act marketplaces will drop from 22 million in 2025 to about 17 million in 2026. The decline follows the expiration of enhanced premium tax credits at the end of last year.
upi.comIran Launches Bitcoin-Backed Insurance for Hormuz Shipping
Iran has introduced a Bitcoin-backed insurance program for vessels transiting the Strait of Hormuz. The government projects more than $10 billion in revenue from the service.
theyeshivaworld.comInsurers Continue Prior Authorization Requirements for Medical Care
Doctors and patients report that insurers still require prior authorization for many treatments and procedures. The practice has continued despite earlier commitments to reduce its use.
Melbourne Nightclub Operates Without Public Liability Insurance for Two Years
Pride of our Footscray has run without public liability coverage since 2024 after 18 insurers declined to underwrite the venue. Owner Mat O'Keefe said the business would face bankruptcy if a serious claim arose.
Mark Cuban Questions Malpractice Insurance Requirement for Health Insurers
Mark Cuban asked on social media why health insurance companies are not required to carry malpractice insurance when they deny care that later harms patients. The post drew replies from users who shared experiences with denied claims.
finance.yahoo.comTrucking Industry Reports Rising Litigation Costs and Insurance Premium Increases
Trucking companies face higher commercial insurance premiums linked to increased litigation, according to industry groups. These costs may affect freight rates and consumer prices for goods.
thehindubusinessline.comPrudential to Acquire 75% Stake in Bharti Life Insurance for $365 Million
Prudential agreed to purchase a 75 percent stake in Bharti Life Insurance. The transaction carries an initial cash payment of $365 million and targets India's uninsured middle class.
ventureburn.comAI Insurance Startup Corgi Raises $160 Million at $1.3 Billion Valuation
Corgi, a two-year-old AI insurance company based in San Francisco, raised $160 million in a funding round led by TCV. The round values the company at $1.3 billion and brings its annualized revenue to approximately $100 million.
ksl.comState Farm Rolls Out AI Claims Tool After Posting Record 2025 Results and $5B Dividend
State Farm CEO Jon Farney announced the “Next Gen Good Neighbor” AI-powered offering and a “Human + Digital” initiative with OpenAI this week. The 104-year-old mutual insurer posted record results in 2025 and paid a $5 billion dividend to auto policyholders while raising homeowne…
vtdigger.orgProgressive Names New Director, Reports 2026 Annual Meeting Results
Progressive Corp. elected 11 directors at its annual shareholder meeting and appointed one new independent director. The changes alter board composition and committee assignments effective immediately.
Japan TimesPrudential Financial Beats Profit Expectations Despite Extended Sales Pause in Japan
Prudential Financial reported first-quarter operating earnings per share of $3.61, exceeding analyst estimates. The company has extended a pause on life insurance sales in Japan following an investigation into employee misconduct. This extension is expected to reduce earnings by…
pehub.comHamilton Insurance Group Accepts Resignation of Chief Financial Officer
Hamilton Insurance Group Ltd. reported the resignation of its chief financial officer in an 8-K filing dated May 6 2026. The departure triggers standard executive-transition disclosures and requires the company to identify a successor or interim officer under SEC rules.
insurancejournal.comBowhead Specialty Enters Material Agreement and Reports Financial Results
Bowhead Specialty Holdings Inc. filed an 8-K form with the SEC on May 5, 2026, disclosing entry into a material definitive agreement along with operational results and shareholder vote outcomes. The disclosures update investors on key company developments and trigger ongoing regu…
pehub.comHamilton Insurance Group Reports Q1 Earnings Per Share of $1.64
Hamilton Insurance Group announced first-quarter earnings per share of $1.64. The company achieved stronger underwriting performance during the period. It also implemented barbelled investments in its portfolio.
Unknown authorUnknown author / Wikimedia (CC BY 4.0)Well Link Life Receives First 'BBB' Insurance Financial Strength Rating from Fitch
Well Link Life has been assigned its inaugural insurance financial strength rating of 'BBB' by Fitch Ratings. The rating comes with a stable outlook, reflecting the insurer's good financial strength and ability to meet policyholder obligations. The assessment is based on factors…
japantimes.co.jpEmployees from Three Japanese Insurers Accessed Toyota Data Without Authorization
Employees on loan to Toyota from three major Japanese nonlife insurance companies removed company information without authorization, sources said. The insurers involved are Tokio Marine & Nichido Fire Insurance, Mitsui Sumitomo Insurance, and Aioi Nissay Dowa Insurance.
under30ceo.comUnitedHealth Group Reports First-Quarter Earnings Exceeding Estimates and Raises 2026 Profit Outlook
UnitedHealth Group announced first-quarter 2026 earnings that surpassed Wall Street expectations for revenue and adjusted earnings per share. The company raised its full-year 2026 adjusted earnings outlook to more than $18.25 per share. It maintained its revenue guidance above $4…
The TimesSaga Returns to Profit After Increased Demand in Travel Business
Saga, a FTSE 250 company focused on travel and insurance for people aged over 50, reported a statutory pre-tax profit of £2.1 million for the 12 months ended January 2026. This marks the first profit since 2018, following losses exceeding £1 billion in prior years. The improvemen…
National Institutes of Health (U.S.) / Wikimedia (Public domain)UnitedHealth Group Deploys Artificial Intelligence Tools Across Operations
UnitedHealth Group is implementing artificial intelligence tools in various parts of its business, including claims processing and customer service. The deployment aims to enhance efficiency in healthcare operations. The initiative raises questions about its effects on patients a…