News
Trump Is Going to Raise Your Insurance Premiums
In April 2023, a report from the President’s Council of Advisors on Science and Technology warned that “when it comes to assessing the…
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Insurance
Business
Sweden will step up insurance checks on foreign ships as worries about Russia rise
STOCKHOLM (AP) — Sweden said Saturday it will step up insurance checks on foreign ships in a move aimed at tightening controls on Russia's…
News
U.S. Prosecutors Accuse Large Insurers of Paying Kickbacks for Private Medicare Plans
The Justice Department on Thursday accused three of the nation’s largest health insurers of paying hundreds of millions of dollars in…
News
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
California’s home insurance plan of last resort, designed for people who can’t get coverage on the private market, does not have enough…
Culture
China starts pilot project allowing insurance funds to invest in gold
CHINA, the world’s biggest bullion consumer, will allow some of its insurance funds to buy gold for medium- and long-term asset…
Lifestyle
State Farm slammed for seeking up to 38% policy hike after wildfires
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the…
Culture
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Fashion
China unveils plan to encourage insurance funds into stock markets - The Business Times
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share…
News
California Wildfires Lay Bare an Insurance Crisis
Who pays? The ferocious wildfires that have burned throughout the Los Angeles area continued to rage overnight, consuming an area twice…
News
L.A. Is Burning. Will Insurance Companies Take Advantage?
Standard mainstream media accounts of California’s insurance market warn of a virtually existential “crisis” facing insurers that operate…
Lifestyle
Texas counties have least health insurance coverage
Texas has 19 out of the 20 counties across the U.S. with the highest proportion of their population aged under 65 having no health…
News
The Costs of the Los Angeles Fires
A devastating toll More of the Los Angeles area is ablaze on Thursday, after a new wildfire in the Hollywood Hills broke out as…
Lifestyle
Insurance company changes anesthesia coverage: Who it impacts
Medical Mutual has changed its reimbursement policy regarding anesthesia coverage just weeks after United Healthcare CEO Brian Thompson…
Fashion
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per share OCBC has agreed to sell its entire stake…
Lifestyle
Insurance crisis could spark housing market crash worse than 2008: Report
What's New The growing instability in the U.S. homeowners insurance markets could lead to a housing crash worse than the 2008 one unless…
Fashion
Allianz confirms withdrawal of offer for Income Insurance
ALLIANZ said it has withdrawn its pre-conditional offer to buy at least 51 per cent of the shares in Income Insurance. “We respect the…
Culture
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…
Fashion
'Deny' 'Depose' and 'Defend': Chilling Cryptic Message Found on Bullets of Brian Thompson's Assan Has Eerie Book Slamming Insurance Companies
The suspect who shot UnitedHealthcare CEO Brian Thompson outside a Midtown hotel may have left a cryptic message on the bullets used in…
Fashion
Bank Negara Malaysia calls for fair insurance pricing as medical costs soar
BANK Negara Malaysia (BNM) on Thursday (Nov 28) instructed insurance companies to reassess their repricing strategies to ensure fairer…