As increasing natural disasters hit the United States, the Japanese insurance company Tokio Marine Holdings diversifies its overseas portfolio by acquiring Pure Group for $3.1 billion.
The company announced last Oct. 3, its bid to maintain profit growth by mounting...
A data analysis conducted by the Sacramento Bee shows that a lot of the individuals who were required to pay California’s Health Insurance Tax Penalty earns below $50,000 per year. In fact, Internal Revenue Services (IRS) data shows that...
San Jose Mayor Sam Liccardo has proposed mandatory liability insurance for the city’s gun owners, following the three mass shootings recorded across the country over the week.
Under the said proposal, the liability insurance would cover any accidental or intentional...
The Thai Immigration Bureau recently announced that it will be implementing a policy requiring health insurance for applicants of one-year permits under a non-immigrant O-A visa. According to the Royal Thai Police Commissioner-General Chakthip Chaijinda, the new rule will...
SoftBank Group Corp.-backed unicorn insurance startup Lemonade Inc. announced its price range increase ahead of its initial public offering (IPO) debut. From the initial price of $23 to $26 per share, the insurance firm is eyeing a selling price...
Jihan Abass recently started the first digital-based auto insurance company in Kenya, said Reuters. The 26-year-old woman and her team have recently released Griffin Insurance and its products, which aim to offer fast coverage for motorists.
According to Abass, Griffin’s...
The Philippines’ Government Service Insurance System (GSIS) is currently working to ensure government assets in calamity-prone coastal areas. The state-owned institution will be accepting bids for this ₱2-billion project, reported INQUIRER.net.
GSIS chair and acting president Rolando L. Macasaet and...
Toyota Insurance Management Solutions announced a partnership with Nationwide to offer telematics-powered insurance for drivers.
The product called TIMS BrightDrive promises 40 percent savings for car owners, with discount offers based on the driver’s driving behavior. The telematics-based insurance simplifies...
The Philippine Insurance Commission recently ordered a cease and desist to Caritas Health Shield Inc. following an alleged fraud. The health maintenance organization (HMO) has reportedly been offering consumers with new HMO services.
According to a report published by ABS-CBN...
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...
