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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.
PVI Insurance Boosts Capital to VNĐ3.9 Trillion
The Ministry of Finance has authorized a further increase in PVI Insurance's charter capital, boosting it from VNĐ3.5 trillion to...
Read moreCarmina Lees Appointed Head of Accenture’s UK and Ireland Insurance Sector
Carmina Lees has been named the new leader of Accenture’s insurance practice for the UK and Ireland, stepping into the...
Read moreSimply Business Launches New TV Campaign and Business Boost Competition
Simply Business has introduced a fresh TV advertisement, reimagining Tina Turner's iconic 1980s hit "The Best" into their "Simply The...
Read moreDLG Adjusts Solvency Ratio After Reinsurance Miscalculation
Direct Line Group (DLG) has identified and corrected a miscalculation related to its reinsurance arrangements, ahead of its forthcoming half-year...
Read moreErin Lenox Appointed President of National Accounts at Cigna Healthcare
In her new role, Lenox will oversee the expansion and development of National Accounts, which cater to large employers with...
Read moreCigna to Exclude Humira from Some Drug Reimbursement Lists in 2025
August 26 (Reuters) - Cigna (CI.N) announced on Monday that it will be removing AbbVie’s (ABBV.N) well-known rheumatoid arthritis medication,...
Read moreInsurance Costs Surge for Australian Homeowners Amid Climate Risks
A new report reveals that home insurance is becoming increasingly out of reach for many Australian homeowners, as escalating climate...
Read moreIIZ Pursues Strategic Partnerships to Advance Zimbabwe’s Insurance Sector
The Insurance Institute of Zimbabwe (IIZ) is actively pursuing collaborations to enhance the multi-billion-dollar insurance industry. This initiative comes as...
Read moreInsuranceDekho Launches Heph to Transform Insurance Distribution
InsuranceDekho has officially unveiled its new SaaS platform, Heph, designed to transform the insurance distribution landscape. Launched on August 26,...
Read moreOhio County Employees to Get $800 Raise Amid Insurance Cost Surge
Ohio County commissioners have announced a new pay raise for county employees, even as they anticipate significant increases in health...
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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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