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Insurance news provides updates on industry trends, regulations, and innovations. It covers topics such as new insurance products, market developments, and insights into risk management, offering valuable information for policyholders and industry professionals alike.
HKIA sets fees for insurance intermediary licences from September
The Hong Kong Insurance Authority (HKIA) is set to implement fees for the processing of insurance intermediary licence applications and...
Read moreColorado Man Sentenced for Role in $268K Auto Insurance Fraud
A Colorado man who assisted a former insurance claims adjuster in a significant auto insurance fraud scheme received his sentence...
Read moreOrion180 Expands Homeowners Insurance to Ohio
Orion180, a prominent insurance company, is delighted to announce its expansion into Ohio, extending its specialized homeowners coverage to a...
Read moreMamata Banerjee Threatens Protest Over GST on Insurance Premiums
West Bengal Chief Minister Mamata Banerjee has issued a stern warning to the central government, stating she will take to...
Read moreGeo Underwriting Acquires Navigators & General
Geo Underwriting is set to acquire Navigators & General (N&G), a specialized marine insurance provider, in a deal expected to...
Read moreMSIG HK Achieves Record High Claims Settlement Rate
In 2023, MSIG Insurance (Hong Kong) reached a significant milestone with a record-setting claims settlement ratio of 93.2%, marking the...
Read moreRoche’s Phesco to Be Covered by Health Insurance This Month
Roche's Phesco will be covered by health insurance starting this month, as announced by the Health Insurance Review and Assessment...
Read moreGlo and AXA Mansard Unveil New Health Insurance Plan
In a significant development in healthcare access, AXA Mansard Health has partnered with Glo to introduce a groundbreaking health insurance...
Read morePositive Outlook for Philippine Insurance Industry
Despite facing various challenges, the Philippine insurance industry is projected to maintain a robust performance over the next six years,...
Read moreEDC Collaborates with International Energy Insurance to Empower SMEs
The Enterprise Development Centre (EDC) has joined forces with International Energy Insurance (IEI) to provide small and medium enterprises (SMEs)...
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OPTIS: Insurance M&A Falls 10%
As of the end of September 2024, the total number of insurance agency mergers and acquisitions (M&A) has decreased by...
Marsh: US Rates Up 3%
In the third quarter of 2023, commercial insurance rates in the U.S. experienced an overall increase of 3%, with casualty...
Progressive Ends Fire Insurance
Progressive Insurance has announced that it will discontinue offering dwelling fire insurance, commonly known as "landlord insurance," for non-primary residences...
Zurich Insurance Sets New Goals
Zurich Insurance Group AG has announced ambitious new targets for profitability and growth over the next three years, driven by...
4th Circuit: No Crypto Coverage
A recent ruling by the Fourth Circuit Court of Appeals has clarified that homeowners insurance policies do not cover the...
Safeco Buys Main Street
Liberty Mutual’s Safeco Insurance has announced a significant agreement to acquire the personal lines business of Main Street America, marking...
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