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First lady talks navigation with health insurance executives
First lady Jill Biden convened executives from top health insurance companies and other related organizations at the White House on Wednesday to discuss new commitments to expand access to navigation services for cancer patients. What you need to know First lady Jill Biden called on executives from top health insurance companies and other health plan […]
Which domestic insurance companies have been identified as systemically important for financial stability of the economy in FY2023-24?
Domestically, systemically important insurance companies are those considered too important to fail. As a result there is an expectation that the government will support these insurers in the event of any financial crisis. Who are these 'too important to fail' insurance companies in India? The list for financial year 2023-24 includes three companies – LIC, […]
ZhongAn Online Announces 2023 Annual Results — TradingView News
HONG KONG, March 27, 2024 – (ACN Newswire) – On March 26, 2024, ZhongAn Online (6060.HK) released its 2023 annual results. For the year ending December 31, 2023, ZhongAn Online achieved gross written premium (GWP) of RMB29,501 million, a year-on-year increase of 24.7%. ZhongAn remained the 9th largest P&C insurer in the Chinese market as […]
State Insurance Regulators are Launching Assault on 401(k)s and Life Insurance
The National Association of Insurance Commissioners (NAIC)—a multistate standard-setting organization composed of insurance regulators from all 50 states, the District of Columbia, and U.S. territories—is increasing arbitrary regulations on life insurance companies that invest in residual premiums and interests. . Asset-backed securities (ABS) (for example, investment vehicles such as collateralized debt obligations, and securitizations of […]
3 pet insurance moves owners should make this spring
Starting a pet insurance policy now will provide owners with valuable protection for the spring and summer. Carol Ramirez/500px When purchasing insurance, timing is important. If you wait too long, premium can add up and the cost of coverage can become prohibitive. But if you start too early, you may end up paying for protection […]
Progressive Insurance begins dropping home insurance policies in Florida
BRADENTON, Florida – When Bradenton resident Ira Kasdan got a letter last month that he was being dropped by Progressive Insurance, it was a sad feeling. dropped by progressive “Dear policyholder, your policy will expire on 1st July at 12:01amscheduled tribe , 2024, for the following reasons. After careful consideration we are unable to offer […]
3 Ways AI Could Transform Your Insurance Policy
Your insurance company may know more about you than you realize. The technology that saturates today's world — smart-home devices, drone images, fitness trackers, social media posts and telematics programs that monitor your driving habits — is helping insurers build a detailed picture of your behavior. Can. Your permission is not always required. Many facts […]
Africa Insurance Market on the Rise: Projected Growth at 6.5% CAGR from 2023-2032
dublin, 26 March 2024 /PRNewswire/ — The “Africa Insurance Market Report by Type (Life Insurance, Non-Life Insurance), and Country 2024-2032” added to report researchandmarkets.com gift. African insurance market size reaches US$87.4 billion More are expected to reach in 2023 US$153.9 billion By 2032, exhibiting a growth rate (CAGR) of 6.5% during 2023-2032. The increasing number […]
Drivers can opt out of some auto insurance: Ontario budget
Gov. Doug Ford revealed in his budget that drivers will be able to opt out of certain parts of auto insurance and choose from a variety of coverage options to reduce their car insurance premiums. The government says the reforms are a central feature of the government's 2024 budget presented on Tuesday and will provide […]