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A service for researchers · Thursday, December 13, 2018 · 471,007,889 Articles · 3+ Million Readers
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Insurance Industry News Monitoring

  • Published on Dec 12, 2018

    ObamaCare continues to fail – Let's face it, insurance costs are unmanageable for many middle-class Americans

    The HealthCare.gov website (AP Photo/Pablo Martinez Monsivais) Open enrollment in the 39 states that use the federal HealthCare.gov insurance exchange looks like it will end with a whimper this Saturday. Through the first month, sign-ups are down 11 …

    Source: FOX News
  • Published on 02:09 GMT

    Uganda, Kenya change laws to pry insurance brokers out of value chain

    By NJIRAINI MUCHIRA More by this Author Insurance brokers and agents in Uganda and Kenya are facing an uncertain future, in the wake of law amendments to bar them from handling premiums. Some rogue industry intermediaries use premiums to conduct other …

    Source: East African
  • Published on Dec 12, 2018

    IRDAI unbundles motor, personal accident insurance

    Come January 1, owner-drivers of two-wheelers and cars will be able to buy Compulsory Personal Accident (CPA) cover separately, as opposed to the existing system where it is sold as a part of motor insurance. This follows the Insurance Regulatory and …

    Source: The Hindu
  • Published on 01:25 GMT

    This commercial insurers’ concern caught the auditor general’s attention

    Concerns from insurers about boiler explosions has prompted an Ontario safety watchdog to recommend more regulatory oversight of pressure vessels and boilers used in wineries and other agricultural operations, the auditor general noted in a recent report. …

    Source: Canadianunderwriter
  • Published on 03:51 GMT

    Owners of auto insurance get relief

    BENGALURU: IRDAI on Wednesday relaxed an earlier directive making it mandatory for owners of cars and two-wheelers to buy personal accident cover for themselves as part of their vehicle’s insurance. Now instead of a ‘bundled’ personal accident cover, …

    Source: The Times of India
  • Published on 01:25 GMT

    Is 2019 the year of hyper-personalized, omnichannel insurance in Canada?

    Meeting consumers where they already are by moving towards an omnichannel strategy is one of the trends that will reshape the Canadian insurance industry in 2019, a market intelligence agency predicts. The application programming interface (API) mindset …

    Source: Canadianunderwriter
  • Published on Dec 12, 2018

    Insurers pay $226m to support recovery from extreme weather

    Insurers pay $226m to support recovery from extreme weather Source: Insurance Council of NZ -- Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). …

    Source: Scoop
  • Published on 04:11 GMT

    Aegon Life Insurance plans to tie up e-commerce players, build brand equity

    Chennai, Dec 13 (IANS) With a business strategy of acquiring policy-holders through digital mode sans intermediaries, Aegon Life Insurance Company plans to tie up with e-commerce players, expand product portfolio and build brand equity, said a top company …

    Source: Can India News
  • Published on Dec 12, 2018

    Best’s Market Segment Report: Mexico Insurance Industry Outlook Stable as Companies Maintain Solid Financial Footing

    Mexico City, Dec 12, 2018, (A. M. Best via COMTEX) -- Mexico’s insurance industry is benefiting from its companies’ strong capitalization levels and operating performances, which in turn is supporting AM Best’s stable market segment outlook on the industry …

    Source: Tradingcharts.com
  • Published on 03:43 GMT

    Surprising thing travel insurance won’t cover

    Some of us overpack and some pack light. Some of us roll our clothes and other fold. But no matter our style when packing for a trip, there’s one thing none of us will leave home without — our smartphone. They’re our cameras. Our way of checking in with …

    Source: Advertiser
  • Published on 02:07 GMT

    Short Of 2017 Record: Insurers Pay $226m Over Extreme Weather

    Insurers pay $226m to support recovery from extreme weather Source: Insurance Council of NZ -- Insurers have spent more than $226 million this year helping customers recover from extreme weather, according to data from the Insurance Council of NZ (ICNZ). …

    Source: Scoop
  • Published on 04:39 GMT

    Irdai delinks personal accident cover from 3rd party motor insurance

    The insurers have been asked to file the standalone CPA as a product under the file and use guidelines along with its pricing. New Delhi: It will no longer be mandatory for owner-drivers of vehicles to buy a personal accident cover bundled with the motor …

    Source: The Asian Age
  • Published on Dec 12, 2018

    Insurance payouts for extreme weather events hit $226 million for 2018

    Insurers have paid out $226 million this year to help customers recover from extreme weather events. This is is the second most expensive year in nearly half a century, just falling short of last year's figure of $243m. Severe weather events, including …

    Source: TVNZ
  • Published on 05:02 GMT

    Saturday deadline is looming for health insurance sign-ups

    By RICARDO ALONSO-ZALDIVAR Associated Press Saturday is the last day to sign up for health care coverage in 2019 under the Affordable Care Act (also known as Obamacare). In addition to signing up on the government’s site, shown here, Connecticut residents …

    Source: Waterbury Republican American
  • Published on 02:30 GMT

    ICBC expected to submit basic insurance rate hike on Friday

    Get ready to pay more for your basic car insurance in British Columbia. On Friday the Insurance Corporation of British Columbia (ICBC) will be submitting its rate increase application to the B.C. Utilities Commission (BCUC). “We have to set new rates for …

    Source: CHBC
  • Published on Dec 12, 2018

    Insurance claims for latest California wildfires top $9 billion

    LOS ANGELES, Dec 12 (Reuters) - Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state insurance commissioner …

    Source: Reuters
  • Published on 05:10 GMT

    California wildfire insurance claims top $9 billion, expected to grow

    Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state insurance commissioner reported on Wednesday. The Camp Fire …

    Source: Global News
  • Published on Dec 12, 2018

    Crop insurance might not be sufficient

    With 2019 waiting in the wings, this is a prime time to think about business matters such as your liability insurance coverage. “Limits should cover the exposures that exist on your farm,” says Jason Berkland, Nationwide Insurance director, commercial …

    Source: Agweb
  • Published on Dec 12, 2018

    Why driving someone else's car is probably illegal even if you both have fully comp insurance

    Don't get your car seized! The rules around driving other people's cars have changed significantly among insurers in recent years. For years, drivers who have fully comprehensive insurance have hopped in and out of each others' cars at will in …

    Source: Yorkshire Evening Post

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