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Call for proposals to develop integrated platform for health insurance claims

It will allow faster processing of hospitalisation claims and more convenient access to insurance policy details.. Read more ...

Posted: Mar 15, 2021

Towne Insurance selects new president, expands executive team

An industry veteran with decades of experience has been selected to lead TowneBank’s insurance subsidiary. Towne Insurance ...

Posted: Mar 15, 2021

Facial analysis and health score for buying insurance? This company is offering a CIBIL-like solutio...

Bengaluru-based predictive health analysis firm Fedo’s system can tell insurance companies how healthy a person is and set ...

Posted: Mar 15, 2021

Insurance premiums down 1% in 2020 as claims numbers fell 19%

Average premiums for comprehensive car insurance fell by 1% last year to £465. The Association of British Insurers said it ...

Posted: Mar 15, 2021

Study: Floridians in Flood Zones Underpaying for Flood Insurance by Average of 379%

If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first ...

Posted: Mar 15, 2021

Saral Jeevan Bima: Simple term insurance covers with expensive premiums

The launch of a standardised term insurance policy was meant to simplify products. Called the Saral Jeevan Bima, the Insurance Regulatory Development Authority of India (IRDAI) had asked all life ...

Posted: Mar 15, 2021

China's insurance sector maintains steady operation

BEIJING -- China's insurance sector maintained steady operation last year, with the solvency adequacy ratio remaining in an appropriate range, said the country's banking and insurance regulator. The ...

Posted: Mar 15, 2021

Term insurance premiums to rise from April: Lock into lower rates now

COVID-19 has claimed yet another victim: cheap term insurance policies that Indians had become accustomed to over the last ...

Posted: Mar 15, 2021

Damaan Islamic Insurance Company "Beema" -- Moody’s upgrades Beema to A3 IFS rating

Damaan Islamic Insurance Company “Beema” Upgrade: Insurance Financial Strength, Upgraded to A3 from Baa1 Outlook Action: Stable Outlook maintained PRINCIPAL METHODOLOGIES The methodologies used in ...

Posted: Mar 15, 2021

Egypt allocates $19 mln for women, children's health insurance

The second installment was paid to the Public Health Insurance Organisation under former finance minister Ahmed Galal in ...

Posted: Mar 14, 2021

Travel insurance claims rejections skyrocket

The General Insurance Code Governance Committee has hit out an companies for failing to invest in systems to ensure they are ...

Posted: Mar 14, 2021

MC Insider: Dividend rumours, insurance deal in the works, new boss at US bank, rating friction and...

Hush-hush tales from the world of stock markets, banking, corporate world and corridors of power A few large HNI investors ...

Posted: Mar 14, 2021

Homeowners warned they face insurance cost increase

Householders have been warned that the cost of home insurance is set to rise due to an increase in construction costs. House rebuilding costs have increased by an average of 7.3pc in the last 18 ...

Posted: Mar 14, 2021

Hot tub insurance claims nearly tripled in 2020

There was an annual increase of 188% in relation to accidental damage claims for hot tubs in 2020, according to data from ...

Posted: Mar 14, 2021

Hot tub claim machine! As the must-have lockdown buy surged in popularity last year, so did insuranc...

Home insurance claims involving hot tubs almost tripled during 2020, new research has revealed. There was an annual increase ...

Posted: Mar 14, 2021

Sri Lanka Insurance Life and Motor Insurance payments via Peoples Bank CDMs

Sri Lankan Insurance together with Peoples Bank introduces the facility to pay Sri Lanka Insurance Life and motor insurance premium payments via People’s Bank Cash Deposit Machines (CDM) located at ...

Posted: Mar 14, 2021

Wanted: A Collective Risk Management Insurance Plan for the Quad

For that, it could turn to another metaphor—not NATO, but Geico, the insurance company. Rather than “collective defense,” intra-Asian security cooperation could be built around collective ...

Posted: Mar 14, 2021

Egypt's cabinet approves 208 pct budget increase for health insurance system

Egypt's cabinet approved Wednesday a more than doubling of subsidies for the country's health insurance system, to LE2.5 billion from LE811 million originally allocated in the current fiscal year ...

Posted: Mar 14, 2021

Insurance Broker Not Liable For Calif. Hair Salons' Virus Loss

A California judge tossed a hair salon owner's suit alleging that its insurance broker failed to help it obtain pandemic or virus-related coverage, holding that the insurance agent has no duty to warn ...

Posted: Mar 14, 2021

Reconsidering Uberrimae Fidei for Marine Insurance Policies

It is time for the Fifth Circuit to harmonize its application of uberrimae fidei with the rest of the nation and retract its ...

Posted: Mar 14, 2021

AssuredPartners Announces Acquisition of Rice Insurance Services Company, LLC

Kentucky Insurance Companies Join National Broker LAKE MARY, Fla. (PRWEB) AssuredPartners, Inc. is proud to announce that Rice Insurance Services Company, LLC ...

Posted: Mar 14, 2021

Study finds that Floridans are underpaying for flood insurance

MIAMI — If you live in Florida, you should probably be paying more for flood insurance. And you likely will be soon. That first finding is the conclusion of a new analysis by First Street Foundation, ...

Posted: Mar 14, 2021

Consumer forum directs insurance firm to pay farmer’s widow ₹2.20 lakh

The Pune District Consumer Redressal Forum has directed the National Insurance Company to pay complainant Geeta Arun Dube, an amount of ₹2 lakh, together with interest thereon, at 9% pa; this is with ...

Posted: Mar 14, 2021

Nearly 9,200 health insurance fraud cases reported in 2020 —PhilHealth

State insurer Philippine Health Insurance Corporation (PhilHealth) has monitored roughly 9,200 cases of health insurance ...

Posted: Mar 14, 2021

Bank Strike: Centre Submits List of 12 PSU Banks, Insurance Firms to Make Private

The list includes public sector banks and insurance companies that are a part of the Centre’s ambitious plan to privatise ...

Posted: Mar 14, 2021