Install
Business insurance headlines
Real time industry updates
The news search tracks market movement, regulatory changes, major claims, insurer statements, and industry analysis. Filter by region, line of business, or topic to follow developments that affect pricing, coverages, and availability.
Latest News
One in three employer compensation dollars now goes to benefits
4+ day, 3+ hour ago (295+ words) Benefits now account for exactly 30 percent of what private-sector employers pay per hour worked - $14.07 of a $46.89 total, according to the Bureau of Labor Statistics' Employer Costs for Employee Compensation (ECEC) report for June. Wages made up the remaining 70 percent, at…...
LA County Probing Farmers Insurance Over Wildfire Survivor Claims
4+ day, 6+ hour ago (470+ words) LOS ANGELES (CNS) - Los Angeles County is investigating Farmers Insurance Company's handling of insurance claims filed by policy holders affected by the January 2025 Eaton and Palisades Fires, officials announced Unfair Competition Law and ``follows growing complaints from residents about delays,…...
IUMI warns of hidden cargo insurance costs
5+ day, 4+ hour ago (394+ words) The International Union of Marine Insurance (IUMI) has published new guidance highlighting an often-overlooked risk for marine cargo insurers - non-compliant wood packaging material, the pallets, crates and dunnage used to ship goods internationally, and the disruption that follows when regulators…...
NSW workers compensation premium model faces first review in a decade
2+ week, 58+ min ago (411+ words) Brokers have a formal seat in deciding how New South Wales workers compensation premiums are calculated from 2028, after the state government opened consultation on the first comprehensive review of icare's nominal insurer premium model in more than a decade. Read…...
Freight's green switch is creating a claims gap for brokers
2+ week, 6+ day ago (770+ words) Electric lorries that cost more to repair than to insure, cargo ships with no agreed fuel strategy, and a maritime sector operating under guidelines formalised only months ago: a Reuters Events and AXA XL report sets out the insurance risks…...
Guardian approaches 80% settlement rate on Melissa claims
3+ week, 2+ day ago (275+ words) Jamaica Gleaner Regional insurance provider Guardian Holdings Ltd has settled more than 70 per cent of insurance claims arising from Hurricane Melissa, Group CEO Ian Chinapoo said last Friday. “So, as of June, we were in the region of 70 per cent....
California Court Rules Policyholders Can Sue Excess Insurers Before Lower Coverage Exhausted
3+ week, 6+ day ago (304+ words) California’s Supreme Court issued a significant ruling clarifying when policyholders may pursue legal claims against excess insurers before the underlying layers of coverage have been fully exhausted. The case arose from a business dispute between the cofounders of Fox Paine…...