Insurance (Personal)

2+ hour, 3+ min ago   (819+ words) The new financing will support product development, additional AI capabilities, operational expansion and a broader range of alternative risk offerings. Luzern Risk is a full-service captive manager that combines insurance expertise with proprietary technology designed to make captive insurance programs…...

1+ hour, 31+ min ago   (174+ words) IRDAI laid down a roadmap with design principles, a legal anchor, a governance model and a phased implementation. While Sabka Bima Sabki Raksha Act gives IRDAI a statutory anchor for insurance digitisation, the Digital Personal Data Protection Act provides data…...

1+ hour, 33+ min ago   (602+ words) IRDAI regulations provide a 30-day free-look period for eligible life and health insurance policies, from receipt of the policy document. Did your insurance agent or the broker just say, “Sir, you just sign the proposal form; I will take care…...

12+ hour, 35+ min ago   (253+ words) The insurance advisory platform, Ditto Insurance, compares insurers on two key metrics: three-year average claim settlement ratio (by policy count) and number of complaints per 10,000 claims. Prospective buyers also need to take into account an insurer’s scale, track record, product…...

3+ hour, 4+ min ago   (338+ words) Insurance continued to be the biggest generator of complaints to the Oregon Division of Financial Regulation, according to the division, which reported it recovered $3.88 million through the first six months of 2026. Insurance produced the majority of complaints filed … Insurance continued…...

3+ hour, 4+ min ago   (427+ words) By Andrew G. Simpson A federal judge has declined to approve a class action lawsuit accusing GEICO of underpaying losses for totaled vehicles in New Jersey. The court declined to approve the class action after concluding that individual issues outweighed the…...

3+ hour, 4+ min ago   (1216+ words) The race to provide more sophisticated intelligence to both agency members and carrier partners is hotter than ever among the nation’s top agency partnerships. Insurance Journal spoke to a few agency network leaders for this special report, which also includes…...

3+ hour, 4+ min ago   (534+ words) The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses on average in a given year, up $19 billion from a year ago, according to Verisk. In its highest annual estimate reported to date, the data analytics and…...

3+ hour, 4+ min ago   (209+ words) The U.S. property/casualty insurance industry posted a much higher net underwriting gain of $31.7 billion for the first half of 2026, up from $11.6 billion the prior year. Property insurance softened during H1, but casualty lines such as excess liability, umbrella liability, and commercial…...

4+ hour, 34+ min ago   (190+ words) Defying Iran and heading through the Strait of Hormuz is a gamble. But like all the best gambles, it is a lucrative one, so crews are inclined to fancy their odds. To counter the high insurance costs for buyers, countries…...