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Breakingviews - UBS's state aid is a disaster insurance policy
LONDON, June 9 (Reuters Breakingviews) - Sergio Ermotti has a taxpayer safety net, but it only kicks in if things get really bad. On Friday, the UBS (UBSG.S) boss was finally able to release the details of a government backstop that was initially…
Meanwhile CEO on Future of Bitcoin Life Insurance
Bitcoin life insurance company Meanwhile said it raised $19 million to develop an artificial-intelligence (AI) aided bitcoin (BTC)-denominated policy as it eyes an economy developing around the largest cryptocurrency by market cap. Meanwhile…
Cyclists in Italy to be forced to have insurance, number plates and indicators under new law
Cyclists in Italy will be made to have licence plates, indicators, insurance and wear helmets following a proposed law by its government. Italy's deputy PM and minister for transport Matteo Salvini announced the measures on Wednesday (7 June) in a…
Insurance to the rescue?
Gwynne Dyer is a UK-based Canadian journalist and historian who writes about international affairs. OPINION: California's fall from grace has been steep and swift, and now even the insurance companies are pulling out. The two biggest American home…
Council Post: Generative AI: Ready To Engage Your Insurance Customers
Linh C. Ho has held executive leadership roles for a number of global tech companies and currently serves as Chief Growth Officer at Zelros. When everyone from Fortune 100 board members to your Aunt Suzie is talking about ChatGPT—with a fair…
State insurance market is compromised
State Farm said Friday, May 26, that it will stop accepting new applications for personal and business property insurance in California, citing rising construction costs and its “rapidly growing catastrophe exposure.” Seen here, a…
How to find out if your travel insurance covers airport strike delays
H eathrow Airport security staff have announced that they will take strike action across 31 days from June 24 to August 27, due to continuing disputes over pay. The strikes will impact holidaymakers flying from the UK's busiest airport on almost…
Insurers Count the Cost of Climate Change, From Wildfires to Hurricanes
Canada is burning, and more than 20,000 people have been displaced from their homes by wildfires. Many will be filing insurance claims. The Canadian fires—which have darkened skies across much of the U. S.—highlight that turbulent…
Record-setting malpractice case pits medical clinic against insurer
A Johnson County medical clinic hit with a record-setting malpractice claim in 2022 is now being sued by its insurer over alleged efforts to scuttle an appeal of that decision. A nationally prominent attorney for the clinic has fired back, saying…
4th edition of Banking and Insurance Fair launched in Accra
The 2023 edition of the Banking and Insurance Fair has been launched with a call on banking and insurance institutions to leverage on the platform to market their products and services. At the launch held earlier in the week, it came to light that…
Opinion: Insurance firms to the rescue?
Email Address: I agree to the Terms and Conditions, Cookie and Privacy Policies, and CASL agreement. Already have an account? Log in here - To continue reading, please subscribe: Enjoy unlimited reading on winnipegfreepress.com Read the E-Edition…
e-Mandate feature enabled for first time in Nepali insurance sector
MetLife Nepal Insurance Co Ltd has partnered with Nepal Clearing House Ltd (NCHL) in collaboration with Standard Chartered Bank Nepal Ltd (SCBNL) to enable digital standing instructions (e-Mandate) feature for the payment of premium by integrating…
Record £2.4bn in motor claims paid in first quarter of 2023, say insurers
A record £2.4 billion was paid out in motor claims in the first quarter of this year as firms find surging costs increasingly challenging to absorb, according to the Association of British Insurers (ABI). More expensive vehicle repairs…
Your Turn: Public adjusters aren't the problem in Florida's property insurance crisis
This is an opinion piece provided to The Palm Beach Post by a reader. The Post Editorial Board considers which pieces to run, but the opinions in these pieces are solely those of the writer and not those of The Post. There has been much discussion…
Citizens wants its rates to go up by double digits. Will insurance regulators agree?
Florida insurance regulators heard arguments Thursday for whether the state's “insurer of last resort” should raise rates as its policies continue to march to well over 1 million. Citizens Property Insurance Corp. asked for a…
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