Technology is increasingly changing the way insurers operate. FREMONT, CA: The insurance industry is modernizing itself by equipping its arsenal with a large array of innovations. Technology has been transforming almost every dimension in the world, and insurance is certainly not an exception. The expectations of insurance customers are evolving […]
Insurance
The MarketWatch News Department was not involved in the creation of this content. Sep 29, 2020 (CDN Newswire via Comtex) — A wide-ranging analysis report titled Global Travel Insurance Market 2020 by Company, Regions, Type and Application, Forecast to 2025 provides a brief overview of the market covering the scope, […]
(Bloomberg) — The Singapore government will spend S$2.2 billion ($1.6 billion) over the next three years to improve a medical insurance plan for the country’s citizens and residents amid the economic impact of the coronavirus. © Bloomberg Staff work in a corridor at the Raffles Hospital, operated by Raffles Medical […]
LOS ANGELES, Sept. 29, 2020 /PRNewswire/ — The red flag fire warnings have sparked fierce fires in Northern California, forcing local authorities to issue mandatory evacuation orders for residents. Mercury Insurance is ready to assist homeowners and renters insurance policyholders who have had to leave their homes in response to the […]
Joe Biden is picking up where his old boss, President Barack Obama, left off, claiming to be fighting against the insurance companies while he’s fighting side by side on the same side as them. © Provided by Washington Examiner Biden, to critique President Trump and Judge Amy Coney Barrett, brought […]
When Blue KC pulled out there were few options for the 67,000 people affected by the move. But it’s a different scene today. The Kansas City market has become increasingly competitive with several insurers, including Ambetter and Cigna serving local ACA customers, said Abraham, “a fairly decent number of insurers […]
Shareholders in PSC Insurance Group Limited (ASX:PSI) may be thrilled to learn that the analysts have just delivered a major upgrade to their near-term forecasts. The consensus estimated revenue numbers rose, with their view now clearly much more bullish on the company’s business prospects. Following the upgrade, the most recent […]
Technavio has been monitoring the marine insurance market and it is poised to grow by USD 8.42 bn during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market […]
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. The car insurance industry provided over $10 billion in rebates […]
The MarketWatch News Department was not involved in the creation of this content. Sep 29, 2020 (CDN Newswire via Comtex) — The market study titled Global Insurance Market 2020 by Company, Regions, Type and Application, Forecast to 2025 is a thorough study of the current trends leading to this vertical […]
It can be hard to find affordable car insurance for high-risk drivers. Insurance companies use a long list of factors to determine rates. If you fall into a high-risk auto insurance category, you may end up paying significantly more than you’d like for car insurance, regardless of how careful you […]
Summit Credit Union of North Carolina in partnership with The Needham Group, Inc. has launched their new in-house insurance program, Summit Insurance Solutions to provide a full suite of affordable auto, home, and commercial insurance products working with national carriers such as Nationwide, Progressive, Liberty Mutual Insurance, and more. Established […]
Blue Cross and Blue Shield of Kansas City, the area’s largest healthcare insurance provider, will return to the Affordable Care Act marketplace next year after leaving it in 2018. The insurer lost more than $100 million on its exchange plans from 2014 to 2017, calling the losses “unsustainable” when it […]
NEW YORK, Sept. 29, 2020 /PRNewswire/ — Spruce, the proptech company powering online real estate transactions nationwide, today announced its partnership with Munich Re, one of the world’s leading reinsurers, to bring cost-effective title insurance fueled by automation to the U.S. market. The partnership pairs Munich Re’s technical and risk expertise […]
While other companies have been asking lawmakers for aid and support during the coronavirus pandemic, insurance company Allstate has spent its time lobbying against government intervention in their work. The head of Allstate’s D.C. office, Saat Alety, successfully lobbied Congress against retroactively rewriting business interruption insurance contracts to cover lost […]
Powered by DPL Financial Partners, the SS&C Advent Insurance Marketplace gives advisors direct integrated access to insurance products and full reporting for the first time WINDSOR, Conn., Sept. 29, 2020 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the creation of the SS&C Advent Insurance Marketplace, an innovative new way […]
For a pet owner, it’s a nightmare scenario. Your beloved pet is gravely ill. Treatment is an option, but it costs thousands of dollars you don’t have. You realize that in order to end the animal’s suffering, you may have to put it down. This situation even has a name. […]
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective. Like many young parents, actress and model Brooke Shields realized she needed life […]
The American Automobile Association formed in 1902, when fewer than 25,000 cars occupied American roads. Throughout its history, AAA has worked tirelessly to improve safety, producing driver textbooks and advocating for pedestrian protection. © buzbuzzer / Getty Images houses in a suburban neighborhood In 1915, AAA introduced its first roadside […]
It’s simple, right? Unlike Term life insurance, which provides coverage for a set term of years, Whole Life insurance covers, yes, your whole life. But Whole Life insurance is a lot more complex and often misunderstood by both clients and their advisors. Why Whole Life? Many of us acquire these […]
Unbundling insurance: How startups are reimagining the underpenetrated sector for a digital makeover
The final frontier for innovation in insurance is to supplement the traditional insurance approach. According to IRDAI annual report insurance penetration in India stands at 3.69 per cent, one of the lowest across the world. This provides a huge scope for future growth in the industry in line with the […]
The premiums chargeable to standard lives (as mentioned in product brochure) are not the same as the premiums that are chargeable to people with health impairments. By Nirjhar Majumdar The government is all set to launch National Digital Health Mission (NDHM) which enables all citizens to possess digital health records. […]
Pressmaster / Shutterstock Small business owners should focus on coverage, the number of employees, employee premiums and shopping when looking for an insurance provider. Offering health insurance to employees can help to attract and retain top talent and provide tax benefits for your business. There are several ways […]
“The needless deaths of Ahmaud Arbery, Breonna Taylor and George Floyd have led to a movement on racial equality, that we cannot ignore.” — Ray Farmer, NAIC president, opening remarks at the NAIC Special Session on Race and Insurance, Aug. 13, 2020 Attempts to identify and eliminate race-based discrimination […]
I’ve lived in Florida for my entire life (just five minutes from the beach), so I know all too well how much damage a hurricane can cause to a home, car, or other personal property. In just a few short hours, a hurricane can cause hundreds of thousands of dollars […]