Insurance Industry
Coverage of Insurance Industry in the Nexus archive.
- Senior New Yorker fighting back against insurance industry amid steep premium hikes
A senior resident of New York is challenging the insurance industry over significant premium increases. Lauren Glassberg is reporting on the issue.
- Little talked about California election race that’s far more important than governor and LA mayor to millions
The California primary election includes a significant race for insurance commissioner, which is considered more crucial than the governor and Los Angeles mayor races due to the insurance industry's uncertainty caused by wildfires and rising costs.
- New York can lead the way to universal healthcare coverage nationwide
New York lawmakers have attempted to pass the New York Health Act since 1992, despite mixed private support due to potential job losses in the insurance industry. The bill aims to eliminate private health insurance in the state, reflecting strong public backing for universal healthcare.
- The insurers on the hook for war in Iran
Insurance companies face significant financial exposure from potential military conflict involving Iran. Some insurers have already experienced substantial losses, while others remain vulnerable to future claims related to war-related damages and liabilities.
- Why business at London’s specialty-insurance hub has surged
Business at London’s specialty-insurance hub has surged, driven by high profits. However, these profits are expected to be temporary, though the hub will maintain its position as a global leader in specialist insurance.
- Hormuz Crisis Drives Insurance Spike
The Hormuz Crisis has triggered a surge in insurance costs for maritime shipping through the strategic strait, heightening concerns over global trade disruptions and security risks.