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Insurance

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IRDAI red flags sharp hike in health premium for senior citizens, caps increase at 10%  The Indian Express

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A study at Christian Medical College, Vellore, reveals over 70% of traumatic brain injuries (TBIs) in India stem from two-wheeler crashes, with less than 1% of patients wearing helmets. The study, ...
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Chevron is planning global cuts.PATRICK T. FALLON/AFP via Getty ImagesCompanies such as Meta, Microsoft, BlackRock, and Chevron are conducting layoffs.Artificial intelligence is reshaping some work...
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Increasing weather-related risks and costs combined with companies pulling out of some states, is affecting the remaining carriers and state insurers.

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Insurers are seeing improvements in workflows, authentication and adjudication.

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Finland’s telecoms operator said on Monday that the damage reported last week to its C-Lion1 telecoms cable in the Baltic Sea may have occurred as early as January 26, the same day a cargo ship bro...
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Drazen Zigic/ShutterstockUnaffordable GP visits has become a pressing issue amid the increasing cost-of-living crisis. About 30% of Australians delayed or didn’t see a GP in 2023–24. To solve t...
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The work that GEICO’s chief executive has done to “repolish” Berkshire Hathaway’s “long-held gem” got a special shout-out in Warren Buffett’s Berkshire Hathaway 2024 annual report to shareholders l...
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U.S. insurers remain optimistic for 2025 despite political concerns, showing increased appetite for private assets and risk-taking.

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The termination letters that ended the careers of thousands of U.S. Forest Service employees mean fewer people and less resources will be available to help prevent and fight wildfires, raising the ...
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A Florida framing contractor has been sentenced to 48 months in prison and millions of dollars in fines and restitution after he failed to obtain workers’ compensation insurance and ignored safety ...
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Georgia lawmakers aren’t the only ones contemplating a major tort-reform bill during the legislative session this year. Next door, South Carolina’s General Assembly is considering Senate Bill 244, ...
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New Mountain Capital, an investment firm, has agreed to buy the commercial insurance division of Pennsylvania-based NSM Insurance Group. The firms said in a news release that the deal is expected t...
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The U.S. Securities and Exchange Commission plans to remove the top leaders at regional offices across the country as part of its cost-cutting recommendations to the Trump administration, according...
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President Donald Trump’s Federal Trade Commission will “vigorously” sue to block illegal mergers, the agency’s new chairman said Monday, highlighting support for the repeated deal challenges during...
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Insurance leaders must navigate emerging risks while building resilience through data analytics and strategic risk management.

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Generative AI will likely alter the business models of many industries; insurers should go beyond seeking efficiencies and experiment with deeper changes. 

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The Retail International division of the Talanx Group is selling its Ecuadorian entity HDI Seguros S.A. to Grupo Financiero Atlántida, a financial conglomerate from Honduras. The sale enables the R...
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A review of 323 comprehensive car insurance products revealed that only 68% cover this very easy mishap that happens to thousands of driver each year.

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The four largest deals had an average round amount of $46 million.

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Between the estimated damages in Los Angeles and rising home insurance prices, policyholders are left wondering how the market will fare in 2025.