Wednesday, April 24, 2024
After a series of investigations that led to the admission of Warren Buffet-owned company, Berkshire Hathaway Inc., the California regulators placed the company under state control. The troubled insurance company faced a lot of complaints about the alleged ‘bait and...
American automotive company Tesla launched its very first car insurance in California last Aug. 28, 2019, offering up to 30 per cent lower rates. CEO Elon Musk has made the announcement in a shareholders meeting last May that Tesla will...
Health care insurance startup Oscar Health plans to expand its coverage to individuals and families, servicing 12 new markets in 2020. The insurance company announced its comeback to Dallas, after dropping out to the market in 2016. It has developed...
Travelers around the world are advised to check their travel insurance policies in light of the recent 2019 new coronavirus (nCoV) outbreak. An article by the Los Angeles Times warns that insurance “may not” cover such incidents because travel...
The state of Maine recently received a $750,000 grant from Robert Wood Johnson Foundation, which could help boost its health insurance coverage for residents. The state plans to use the money to fund marketing, consumer education, and enrollment assistance for...
AXA, the second biggest insurer in Europe, posted a net profit of EUR2.14 billion ($2.42 billion) in 2018, a drop of 66% from a year earlier, according to its financial report released Feb 21. The figure is below the expectations...
A study by consumer advocacy group Choice revealed that Australia’s insurance industry is dying, The Guardian reported. According to the Australian Healthcare Reform Alliance (AHCRA), the issue simply showed that the recent reforms in the insurance industry failed. To put...
In the move to modernize and improve how Texas’ do business in terms of the insurance market, DOI commissioner Kent Sullivan is evaluating practices to ‘upgrade’ the landscape. Shortly after David Mattax passed away in 2017, Sullivan took over his...
Philippine Senator Leila de Lima is promoting a proposal to give field media workers additional coverage along with tax-free hazard pay. This is through Senate Bill No. 1523 or the “Journalists Protection Act of 2020,” said GMA News Online. The...
A quarter of the whole cancer survivors in the United States are reported to have a hard time with medical bills and out-of-pocket expenses, according to a report from the Centers for Disease Control and Prevention (CDC). In an article...

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