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Latest Articles
IAJ urges policyholders to review sums insured as average-clause disputes mount after Melissa | Business
4+ hour, 21+ min ago (299+ words) The Insurance Association of Jamaica (IAJ) urges property owners to check whether their coverage reflects the true replacement value of their homes and businesses, as the average clause – a long-standing but little-understood insurance provision – continues to reduce Hurricane Melissa payouts…...
Auto Physical Damage Premiums Decline in Texas and Florida as Overall Total Rises 1.3%
7+ hour, 7+ min ago (115+ words) CollisionWeek Auto physical damage direct premiums written fell last year in two of the five largest states for the line, even as premiums across all reporting jurisdictions rose 1.3% to $177.4 billion, according to a Best’s Rankings report AM Best released July…...
Michigan court overrules custody rule that decided which insurer pays
6+ hour, 44+ min ago (322+ words) Michigan's highest court has changed how insurers figure out who pays when a child of divorced parents is hurt in a crash. In a decision issued July 22, 2026, the Michigan Supreme Court overruled its own 2013 ruling, known as Grange, resetting how…...
Court backs early rescission, leaves injured motorist to her own policy
6+ hour, 45+ min ago (250+ words) A driver's misrepresentations on his insurance application wiped out his coverage - and left an injured motorist seeking a claim under her own policy instead. On July 22, 2026, a New York appeals court decided that an insurer can wipe out an auto…...
UK motor insurance premiums continue to rise at renewal despite strong competition
6+ hour, 24+ min ago (70+ words) Life Insurance International GlobalData finds 73.3% of UK respondents experienced an increase in their motor insurance premium at renewal. A GlobalData survey suggests that rising motor insurance premiums continue to place financial pressure on UK consumers, reinforcing concerns that pricing remains…...
Global commercial insurance rates fall 6 per cent in Q2 2026
5+ hour, 9+ min ago (61+ words) Captive Insurance Times Global commercial insurance rates fall 6 per cent in Q2 2026 Global commercial insurance rates fall by an average of 6 per cent in the second quarter of 2026, marking the eighth consecutive quarter of rate decreases, according to the latest Global…...
Largest Insurance Campaign Using Inland Letters
9+ hour, 17+ min ago (101+ words) India Book of Records Largest Insurance Campaign Using Inland Letters The record for the largest insurance campaign using inland letters was set by Saurabh Vijayvergia (CoverSure), Mumbai, Maharashtra. Through the ChitthiAayiHai campaign, CoverSure partnered with India Post to promote insurance…...
Cheapest electric cars to insure in the UK - from £278 a year - AOL
9+ hour, 38+ min ago (267+ words) With government grants of up to £3,750 available on eligible new electric vehicles (EVs), combined with reduced running costs, the prospect of switching to an EV is becoming ever more attractive. That said, while EVs may appear cost-effective to operate, insurance…...
Car insurance: Lower your rates by avoiding these fees and add-ons
23+ hour, 23+ min ago (834+ words) Car insurance is a big expense these days: Drivers paid an average of $212 a month for full coverage in February 2024, according to data compiled by Bankrate, a 26% increase from 2023. Savvy shoppers know you can save money by comparing rates, bundling…...