Read the latest positive news, breakthroughs, and inspiring stories about insurance, curated daily by BrightWire.
Scientists have discovered a way to align the massive insurance industry with conservation efforts that could funnel tens of billions into nature-based projects while lowering premiums for homeowners. The research shows coral reefs, wetlands, and forest buffers can reduce disaster damages by up to 25 percent.
Nearly a million Americans across 30 states are receiving $500 refund checks for healthcare fees the government overcharged. Each check comes with a personal letter explaining the refund comes from surplus funds collected during the previous administration.
When 46 microfinance banks failed in Nigeria, insurance officials didn't make customers wait. They paid 700,000 depositors in under four days using smart technology that finds alternative accounts automatically.
When insurance premiums skyrocketed up to 500% in rural Queensland, six towns decided to become their own insurers. Now over 60 councils across Australia want to join their solution.
After decades of low trust and limited access, Nigeria's insurance industry is getting a makeover. Entrepreneur Sim Shagaya just launched Myka to bring real insurance protection to millions who've never had it.
Thousands of retired civil servants in Ondo State, Nigeria now have free healthcare coverage after the governor enrolled all pensioners into the state health insurance program. The move eliminates medical costs for seniors facing mounting healthcare needs.
Insurance costs for Australia's renewable energy projects are falling as the industry matures, even as extreme weather poses new challenges. Battery storage systems are seeing the fastest premium declines thanks to better data on how they perform.
A Kenyan insurance company is proving that low-income families don't avoid insurance because they don't want it, but because no one has offered it the right way. Turaco has already insured five million people and plans to reach 100 million by 2030.
Beijing just became the first Chinese city to offer specialized insurance for self-driving cars, filling a critical gap that's been holding back the autonomous vehicle revolution. The new policies protect everything from software upgrades to cybersecurity risks that traditional car insurance never covered.
Nigerian farmers will soon have access to weather-based insurance that protects their livelihoods from droughts and floods. The new partnership between Nigeria's meteorological agency and REX Insurance brings climate protection to the country's most vulnerable agricultural communities.
Chowdeck just gave 20,000 delivery riders something rare in Nigeria's gig economy: automatic accident insurance at no extra cost. In a country where one crash can wipe out months of earnings, this could change how platforms treat their workers.
Only 3% of Africans have insurance, leaving millions vulnerable when disaster strikes. Six innovative startups are using mobile money and smart tech to protect over 20 million people across the continent.