2+ day, 7+ hour ago   (481+ words) Severe storms that hit parts of Ontario on July 27 to 28 and August 1 to 3 caused an estimated $360 million in insured damage, according to initial figures from CatIQ. The storms brought intense rainfall and flash flooding to the Niagara Region, including St....

2+ day, 15+ hour ago   (563+ words) Nearly a million Affordable Care Act enrollees are set to receive $500 payments starting in October, the Trump administration announced Thursday, a move officials frame as restitution for alleged premium overcharges, but one that health policy analysts call a narrow fix…...

2+ day, 21+ hour ago   (924+ words) Rising employer healthcare costs are sharpening the business case for preventive care and the numbers are stark. "We've looked at our own populations through claims analyses, and we see when you keep people healthy, you can avoid them progressing into…...

2+ day, 12+ hour ago   (475+ words) Delay in claim handling was the most complained-about issue across every financial product handled by the Australian Financial Complaints Authority (AFCA) in 2025-26. The ombudsman recorded 119,949 complaints, the highest annual volume and the third consecutive year above 100,000. General insurance accounted for…...

2+ day, 23+ hour ago   (701+ words) Insurance availability is surfacing in state races ahead of the 2026 midterm elections as homeowners confront premiums, non-renewals and coverage restrictions that increasingly affect where they can afford to live. The pressure extends beyond the most catastrophe-exposed communities. The Federal Reserve's…...

3+ day, 56+ min ago   (722+ words) The reform is working as designed. Over half of NFIP policies now pay full-risk premiums, up from one-third in December 2022, according to the report. The 1.5 million policies still below full risk (42 percent of the program) carry a combined annual subsidy…...

2+ day, 22+ hour ago   (374+ words) "ASIC can confirm that it has commenced an investigation and has engaged with the liquidator in connection with that investigation," an ASIC spokesperson told Insurance Business. Read next: ASIC issues warning to AFS licensees ASIC declined to say whether it…...

2+ day, 22+ hour ago   (704+ words) Twenty-five years after the September 11, 2001, attacks, terrorism insurance faces a problem at both ends of the market. The boundary between terrorism, political violence and war is becoming harder to define, while an estimated 95% of UK small and medium-sized enterprises (SMEs)…...

3+ day, 8+ hour ago   (536+ words) Alberta drivers are projected to save roughly $297 annually, or 13.7%, under the province's incoming Care-First auto insurance system, according to two new reports from the Automobile Insurance Rate Board. That's a meaningfully larger figure than the $259 average savings Oliver Wyman's actuarial…...

3+ day, 11+ hour ago   (355+ words) For eleven years after Australia's terrorism reinsurance scheme opened for business, nobody ever had to use it. Then, within the space of six weeks this summer, the Australian Reinsurance Pool Corporation (ARPC) made two separate terrorism declarations - the Bondi Beach…...