Wednesday, April 24, 2024
Residents of the United Arab Emirates are seeking answers on whether insurance policies will cover damages to vehicles and properties caused by what the Khaleej Times referred to as “on-going record-breaking rain spell.” Experts and that UAE Insurance Authority...
Individuals covered by the Affordable Care Act (ACA or Obamacare) can expect a supposedly modest increase in health insurance rates in 2020. According to WITF, Pennsylvania residents will likely see an average increase of 4.9% as requested by insurers....
German digital bank and financial technology startup N26 is finally venturing into the insurance sector with the launch of its new N26 Insurance. According to Pymnts, the company will reportedly team up with Berlin-based Simplesurance to brings its products...
Allergan’s subsidiaries Forest Laboratories Inc. and Forest Laboratories Holdings paid a total of $750 million settlement for class suit over the Alzheimer’s drug Namenda. Back in 2014, Forest has announced plans to discontinue the Namenda HCI 5mg and 10mg tablets....
U.S. Bankruptcy Court Judge Robert Drain is giving Sears Holdings’ 29,000 retired employees a chance to claim their life insurance benefits after the company filed bankruptcy in 2018. Sears officially ended its life insurance benefits last March 2019, breaking its...
Selective Insurance Company of America, a subsidiary of Selective Insurance Group, announced Monday, Feb. 3, the beginning of a month-long collegiate competition that aims to “encourage risk management and insurance students to build industry knowledge and experience.” In a press...
American insurance company Lemonade is planning to enter the pet coverage market said TechCrunch. Few details are known about this new product but the home insurer noted that it is still undergoing regulatory processing for “months.”  Founder and CEO Daniel...
A study by Georgetown University Center for Children and Families revealed that Wyoming sits in the 43rd position when it comes to the number of children with health insurance. This shows that many minors from the said state are...
Powers Insurance & Risk Management, an independent insurance agency based in Missouri, has strengthened its presence in the state with the opening of its new national division called POWERS Surety Bonds. In a press release, the Missouri-based insurer said that...
Quicken Loans and Rock Ventures founder Dan Gilbert proposed a ballot initiative to push auto insurance reforms in the city, says Detroit News. This drive is intended to remove the no-fault coverage law as a solution to the continued...

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