Insurance Industry News Monitoring

Insurance News – Stormy Debate Surrounds Louisiana’s State Reinsurance Proposal

A new Louisiana bill aiming to establish a state-backed catastrophe reinsurance program is sparking heated debate between lawmakers and industry leaders. Proponents believe the fund, supported by state-issued bonds, could stabilize the state’s fragile …

The Hidden Link Between Fireproof Homes and Affordable Insurance in Idaho

Idaho’s ‘Home Hardening’ Initiative Tackles Wildfire Risk and Insurance Challenges Idaho homeowners are feeling the heat, and not just from soaring summer temperatures. With an increasing number of wildfires blazing across the region, insurers are pulling …

China United Property Insurance to maintain stable underwriting margin: Fitch Ratings

Home insurance prices are dropping - but Martin Lewis says we should be careful

New analysis shows home insurance prices - buildings and contents - have dropped month-on-month this year. But, as the Money Saving Expert founder says: "That's good news, but it does risk people being complacent at renewal, as if the quote's …

How to invest in the booming insurance market

Insurance is probably the least exciting but most crucial sector in the world. From the food we eat to the communication satellites that form the backbone of communications in our 21st-century world, the insurance industry touches every part of the global …

DIFC announces 35% leap in insurance business during largest ever Dubai World Insurance Congress

DUBAI: Alya AlZarouni, Chief Operating Officer at Dubai International Financial Centre (DIFC) Authority, announced the Centre recorded a 35 percent leap in gross written premiums from USD 2.6bn to USD 3.5bn during 2024. He made the remarks as the Dubai …

Xceedance Partners with FurtherAI to Bring Advanced AI Assistants to Insurance Enterprises

Collaboration will accelerate the adoption of AI-driven automation across underwriting, compliance, and claims workflows BOSTON, MA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Xceedance, a global provider of insurance-focused …

Hawaii Wants Fuel Giants To Pay For Rising Insurance Costs

Hawaii lawmakers passed a first-of-its-kind resolution last week calling for property insurers in the state to recoup rising costs by taking the fossil fuel industry to court instead of hiking premiums for homeowners. The resolution, which was adopted in …

Alaska passes bill to ease insurance burden for fishermen

April 29, 2025 In a unanimous vote Friday, the Alaska House of Representatives approved a major boost for the state’s commercial fishing fleet. House Bill 116, sponsored by the House Special Committee on Fisheries at the request of the Joint Legislative …

Spain, Portugal, EU travel compensation and insurance advice following blackouts

Brits that have been caught in the Spain and Portugal blackouts will struggle to receive compensation and insurance payouts British holidaymakers have been left stranded in Spain and Portugal after the country was plunged into blackouts. While more than …

New IPO Alert: Canara HSBC Life Insurance Files DRHP With SEBI, Check Details

Last Updated:April 29, 2025, 12:06 IST Canara HSBC Life Insurance filed for an IPO with SEBI, offering up to 237.5 million shares. Promoters are Canara Bank and HSBC Insurance. SBI Capital Markets Limited, BNP Paribas , HSBC Securities & Capital …

Business News | SBI General Insurance PAT Zooms at 112 Percent YoY to Rs. 509 Crores

NewsVoir Mumbai (Maharashtra) [India], April 29: SBI General Insurance, one of India's leading general insurance companies, announced its financial results for FY25, marking a milestone as the company completes 15 years of operations. Continuing its …

1st Choice Insurance launches dedicated Corporate Account Team

1st Choice Insurance, an award-winning independent commercial insurance broker in Shrewsbury, has launched their new Corporate Account Team. Pictured are Joe, Corporate Renewals Executive at 1st Choice and Alex, Commercial Account Handler at 1st Choice The …

Home Insurance Costs Could Soar Amid Trump Tariffs

Tariffs imposed by the Trump administration on some of the biggest U.S. trading partners could cause property insurance premiums to rise 38 percent faster than previously expected, according to a new report by Insurify. This is linked to a projected …

Business : General Insurance Industry Remains On A Steady Growth Path -- PIAM

KUALA LUMPUR, April 29 (Bernama) -- Malaysia’s General Insurance (GI) industry remains on a steady growth path despite external uncertainties and inflationary costs, said the General Insurance Association of Malaysia (PIAM). In a statement today, it said  …

Consumers slam insurers for relying only on photos to rule on car claims

Did you know you can demand that your insurer do a physical inspection of the damage to your car and not rely only on photos you have submitted in your claim?  This is according to Valery Mngadi, senior adjudicator at the National Financial Ombud Scheme ( …

First Major U.S. Commercial Health Insurer Approves Purchase of ReWalk 7 Personal Exoskeleton

Approval signals important progress in U.S. market expansion as major commercial health insurers begin to follow precedent set with Medicare reimbursement for personal exoskeletons established in 2024 Decision to cover device arrives shortly after the …

Travel insurance experts issue warning after Spanish power outages

The outages have caused major disruption to travel, safety, and the economy, as well as disturbance to thousands of British travellers. Alicia Hempsted, travel insurance expert at MoneySuperMarket says: “With multiple countries affected, passengers should …

Kazakhstani insurers earned T54 billion in net profit in the first quarter

Astana. April 29. KazTAG - Kazakhstan insurance companies earned T54 billion in net profit in the first quarter of 2025, said the National Bank of Kazakhstan. "The net profit of Kazakhstan's insurance companies as of April 1, 2025 was T54.3 …

Squaretalk Launches AI Voice Agent with Built-in KYC Automation to Reinvent Secure Onboarding in the VoIP Industry

A breakthrough in fraud prevention and self-onboarding for cloud communications, Squaretalk redefines customer trust and compliance in the AI era. JERUSALEM, ISRAEL, April 29, 2025 /⁨EINPresswire.com⁩/ -- Squaretalk, the fast-growing CPaaS and …

Bearing Insurance Hosts Second Annual Virtual Blood Drive

Company-wide campaign unites employees, helping save 160 lives and support communities facing critical blood shortages RICHMOND, VA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Bearing Insurance is proud to announce the success of its …

BenefitHub Named 'Must-Watch Tech Company' and 'Best Employee Benefits Portal & Discount Marketplace' in 2025

Leading workplace perks platform recognized for innovation and impact on employee wellbeing NEW YORK, NY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- BenefitHub, a global leader in employee benefits and technology-driven workplace perks, …

From​ ​Clinical Death to Communication — NURO Delivers​ Historic Milestone

Non-surgical Neurotech achieves a clinical first by enabling communication after clinical death and resuscitation. WATERLOO, ONTARIO, CANADA, April 29, 2025 /⁨EINPresswire.com⁩/ -- NURO, a Canadian leader in non-surgical neurotechnology, has …

Spartan Medical and XSONX Partner to Deliver Best-in-Class Wound Debridement Technology to VA Medical Centers.

The XSONX® Wound Hygiene System is a cordless, hand-held device with micro-vibrational technology that powerfully cleans & debrides chronic contaminated wounds. ROCKVILLE, MD, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- XSONX® LLC, a …

Milwaukee Rehabilitation Hospital Announces New Chief Executive Officer

Bruce Eady, Experienced CEO, Takes the Helm at Milwaukee Rehab Hospital at Greenfield MILWAUKEE, WI, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Bruce Eady brings over three decades of healthcare experience, with two decades as an …

Aptia Group Kicks Off Aptia Serves at Inaugural Aptia Annual Summit with Sensory Bag Activity for Autism Awareness Month

Aptia team members and colleagues participated in a service project for Autism Awareness Month, assembling sensory bags for the Doug Flutie Jr. Foundation. BOSTON, MA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Aptia, a specialist in …

CredSpark Convenes Learning & Development (L&D) Leaders to Share Insights on Using AI in Corporate Skills Assessment

Live, Webinar Panel Discussion Including Degreed and Finetune by Prometric to be Held on Wednesday, May 7th at 1 PM ET. NEW YORK, NY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Artificial Intelligence (AI) is rapidly changing many …

Orange County Makapo Aquatics Project Receives $50,000 Grant from The Hartford

Company surprises local athlete with custom-fit sports equipment NEWPORT BEACH, CA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Orange County Makapo Aquatics Project, a non-profit organization based in Irvine, California, was recently …

4L Data Intelligence Earns Star Performer in Everest Group's 2025 Payment Integrity Solutions PEAK Matrix® Assessment

SAN RAMON, CA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- 4L Data Intelligence™, the patented Integr8 AI™-powered healthcare program and payment integrity company, announced its recognition as a Major Contender and Star Performer in the …

TCG Process Announces OCTO: Process Automation Delivered

BAAR, SWITZERLAND, April 29, 2025 /⁨EINPresswire.com⁩/ -- TCG Process is excited to introduce OCTO, a robust process automation platform that helps organizations of all sizes minimize manual efforts and boost operational efficiency. OCTO has …

Xceedance Partners with FurtherAI to Bring Advanced AI Assistants to Insurance Enterprises

Collaboration will accelerate the adoption of AI-driven automation across underwriting, compliance, and claims workflows BOSTON, MA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Xceedance, a global provider of insurance-focused …

The Learning Consultants Receives Accreditation from Autism Commission on Quality (ACQ)

LOUISVILLE, KY, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The Autism Commission on Quality (ACQ) has awarded a full two-year accreditation to The Learning Consultants for its applied behavior analysis (ABA) programs in Nevada. This …

Avyana Litigation Funding Strengthens Strategic Model to Expand Access to Justice

VIENNA, AUSTRIA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Legal disputes often involve not only complex legal considerations but also significant financial pressure. For many companies, asserting their rights requires substantial resources, with …

Avyana Litigation Funding fortalece su modelo estratégico con nuevos socios expertos en derecho y finanzas

VIENNA, AUSTRIA, April 29, 2025 /⁨EINPresswire.com⁩/ -- Cuando las empresas enfrentan disputas legales, se ven expuestas no solo a riesgos jurídicos, sino también a una presión financiera significativa. Los procesos judiciales suelen implicar altos costos …

Samuel Cione Qualifies for Prestigious Top of the Table MDRT Milestone

Sam Cione recognized among the world’s leading financial professionals with qualification for MDRT’s Top of the Table, the organization’s highest honor. SARASOTA, FL, FL, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Samuel Cione of …

Boon-Chapman and Vori Health Partner to Revolutionize Musculoskeletal Care

AUSTIN, TX, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- Boon-Chapman, a leader in claims administration, cost containment, and care navigation, is pleased to announce a transformative partnership with Vori Health, a nationwide physician- …

Advancing Financial Literacy: Georgia Financial Educators Council Launches and Appoints Advisory Board

ATLANTA, GA, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The National Financial Educators Council® is proud to announce the launch of its Georgia chapter, the Georgia Financial Educators Council (GFEC). The GFEC is committed to promoting …

Cirrus Assessment to showcase AI-powered item generation at LEARNTEC 2025

UTRECHT, NETHERLANDS, April 29, 2025 /⁨EINPresswire.com⁩/ -- Cirrus Assessment, a leader in online high-stakes testing, has officially unveiled Cirrus Assist, a groundbreaking AI-powered item generation suite. Fully integrated into the Cirrus …

Wind Summit to Usher in a New Era of Industry Collaboration

Early Bird Tickets for the next Wind Summit on 14 - 15 October in Houston, Texas are just $649.00, but this deal won't last, so register today! HOUSTON, TX, UNITED STATES, April 29, 2025 /⁨EINPresswire.com⁩/ -- The wind energy sector in the …