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The Latest Breaking News from Insurance

LIC bonus issue: Insurance behemoth gets shareholders' approval for 1:1 issue. Check details

Life Insurance Corporation of India (LIC) said shareholders approved its 1:1 bonus issue with overwhelming support. The insurer disclosed voting results, key managerial appointments and market movement following the announcement. It outlined record date conditions, bonus issuance details, financial impact, dividend history and upcoming quarterly results scheduled for May 21.

The Economic Times

electroCore Touts 30% Growth Outlook, VA Opportunity at LD Micro Conference

electroCore (NASDAQ:ECOR) Interim President and CFO Joshua Lev said the bioelectronic technology company is focused on expanding its non-invasive vagus nerve stimulation platform across federal health care, commercial insurance channels and consumer wellness markets. Speaking at the LD Micro event,

MarketBeat

Domestic cyclicals remain best bet in India, says Anish Tawakley amid global volatility

Despite global headwinds, India's economy is robust, with picking demand and spare capacity, according to DSP Mutual Fund's Anish Tawakley. He favors selective investments in domestic cyclicals like financials, cement, and automobiles, while cautioning against capital market-linked plays and PSU banks. Inflation is seen as transitory, but FMCG margins face…

The Economic Times

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Fujitsu, SMBC Group and SoftBank agree on alliance to build Japan-made platform for sustainable healthcare

TOKYO, May 19, 2026 /PRNewswire/ -- Fujitsu Limited (Fujitsu), Sumitomo Mitsui Financial Group, Inc. (SMBC Group), and SoftBank Corp. (SoftBank) announced they entered into a basic agreement regarding a business alliance (the Alliance) in the health and medical fields with the objective of ensuring the continued sustainability of Japan's healthcare…

AAP

Cassidy’s defeat complicates Senate Health committee’s future

Sen. Bill Cassidy’s loss in the Louisiana Republican primary over the weekend puts the future of the powerful Health, Education, Labor and Pensions Committee in flux. During his tenure as HELP chair, Cassidy has pushed legislative priorities such as a proposal to establish pre-funded health savings accounts for people on…

Roll Call

Plan to reduce private health rebates for older Australians to have ‘almost no impact’ on hospital system, expert says

Labor will push ahead with a plan to reduce insurance rebates, meaning three million older Australians to pay $250 extra a year for private health

The Guardian - AU

US drugs site TrumpRx to list 600 generics as Donald Trump targets lower prices

President Donald Trump is expanding access to affordable medicines. The government website TrumpRx.gov will now list over 600 generic drugs. This includes common treatments for cholesterol and diabetes. The initiative aims to lower prescription drug costs for Americans. Prices will be integrated from various sources. This move seeks to provide…

The Economic Times

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Agentic anxiety pushes IT to run for policy cover

AI adoption is exposing Indian IT firms to a new wave of legal risks, driving cos to seek insurance protection for execs and operations, writes Himanshi Lohchab.

The Economic Times

“Un-Retiring” Becomes the New Normal: Nearly 1 in 5 Seniors Is Back in the Workforce as Living Costs Outpace Social Security

Retirement used to represent freedom after decades of hard work, but for many older Americans, that picture is changing fast. Rising grocery bills, climbing insurance...

Saving Advice

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Economic Times

7 Things Insurance Still Refuses to Cover for Many Autistic Children

Families raising autistic children often assume that modern health plans now provide full autism insurance coverage, especially since every state has some type of autism mandate in place. The reality is far more complicated once parents begin filing claims for therapies, evaluations, and long-term support services. Many families still face…

Kids Ain't Cheap

Property Taxes Explode 27% Above Inflation: Women Homeowners Are Feeling the Squeeze – Here’s What’s Happening

For millions of Americans, owning a home was supposed to create stability and long-term wealth. Instead, many women homeowners are now facing a growing financial strain as property taxes rise far faster than inflation. Recent housing and tax data shows property tax growth in many areas has surged roughly 27%…

Budget and the Bees

Home Insurance Premiums Could Skyrocket in 2026—and How to Fight Back

Homeowners across America already cringe when insurance renewal notices hit the mailbox, but 2026 could take that pain to a completely different level. Insurance companies continue to absorb massive losses from hurricanes, wildfires, hailstorms, floods, and tornadoes, and many insurers now scramble to rebuild their balance sheets after years of…

Everybody Loves Your Money

Insurance Won’t Cover These 5 Home-Office Mistakes — Remote Workers Beware

Remote work exploded across the United States, turning spare bedrooms, kitchen corners, and even closets into full-time workspaces. That shift brought comfort and flexibility, but it also introduced a hidden financial risk most people never think about: insurance blind spots. Many assume homeowners or renters insurance automatically protects everything inside…

Clever Dude

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Everybody Loves Your Money

5 Hidden Homeowner Habits That Secretly Raise Your Premiums

Insurance premiums rarely rise out of nowhere for most homeowners across the United States. Behind the scenes, everyday habits quietly push them higher long before renewal notices arrive. Insurers track risk signals tied to maintenance, safety, and lifestyle patterns at the property level. Small oversights inside and outside a home…

Kiplinger

Concert Cancellations Are Rising. Here's How to Protect Yourself From 'Blue Dot Fever'

As concert cancellations rise, fans may need a backup plan before booking flights, hotels and expensive seats.

The Economic Times

Haryana cabinet approves new rules: No petrol, diesel vehicles for cab aggregators in NCR

Haryana's Cabinet has approved new rules for vehicle aggregators. From January 1, 2026, all new vehicles joining fleets in NCR areas must be electric, CNG, or use cleaner fuels. This aims to reduce pollution and promote green mobility. The rules also introduce licensing, safety measures, and insurance for drivers and…

The Economic Times

SBI employees' federation stages dharna in Kolkata, plans nationwide strike on May 25-26

State Bank of India Staff Federation protested in Kolkata demanding recruitment and an end to mis-selling insurance. Employees will strike nationwide on May 25 and 26. The federation alleges issues with resolving employee concerns and agreements. Previous protests included badge-wearing and demonstrations. Future actions involve candle marches and the planned…

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Barchart

Erie Indemnity Stock Outlook: Is Wall Street Bullish or Bearish?

Although Erie Indemnity has underperformed the broader market over the past year, Wall Street analysts continue to maintain a cautious outlook on the stock’s near-term prospects.

The Economic Times

Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issue

US Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell India Microfinance Development Company-II Ltd, Tano Capital, TR Capital III Mauritius, and Danish Sustainable Development Goals Investment Fund, among other existing investors, will offload shares.

The Economic Times

Liberty Mutual Insurance raises stake in Indian arm to 74 pc

Liberty Mutual Insurance has increased its stake in Liberty General Insurance to 74%, strengthening its commitment to India’s fast-growing insurance market. Following an earlier stake hike in September 2025, the company plans to expand distribution networks and deepen its presence across retail and commercial insurance segments, while capitalising on rising…

The Economic Times

ICICI Pru Life shares crash nearly 9% after Prudential plans stake cut below 10%

ICICI Prudential Life Insurance shares fell sharply on Monday after reports that promoter Prudential plc may reduce its stake below 10% following the acquisition of Bharti Life Insurance. The move raised concerns over ownership structure and strategic alignment, though ICICI Bank clarified it will retain majority control in the insurer.

The Economic Times

Finance Ministry asks PSU banks, insurers to adopt austerity measures, shift to EV

India’s finance ministry has directed state-run banks, insurers and financial institutions to cut costs through measures such as limiting travel, holding meetings virtually and shifting to electric vehicles. The order applies to institutions including State Bank of India, Bank of Baroda and Life Insurance Corporation of India.

The Economic Times

Macro worries cloud markets, but domestic fundamentals offer cushion: Sandip Sabharwal

Market expert Sandip Sabharwal highlights that despite global headwinds like rising crude oil and currency weakness, Indian corporate fundamentals offer stability. He views the Bharti-Prudential deal positively for FDI and sees potential tactical upside in the IT sector, while cautioning about Vodafone Idea's structural challenges and favoring private banks over…

inkl

12 Best Address Verification Tools for Insurance Companies in 2026

For insurance companies, an incorrect address is more than a minor inconvenience.

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