Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Will China's residency changes to social insurance unlock economic growth?
China's decision to ease residency restrictions on social insurance applicants will help unleash positive, long-term economic growth, according to analysts. The new measures announced on Friday by the State Council are part of China's broader push…
Intermediary commissions take toll on insurance cos profit: Praxis study
While India's general insurance industry celebrates a decade of 11 per cent annual growth, an independent study by Praxis Global Alliance finds scale has not built profitability. India's top insurers run combined ratios of 110–113 per cent…
Long-Term Care Insurance Nightmare: Premiums Just Doubled and You Have 30 Days to Decide
Long-term care insurance carriers are imposing rate increases of 50% to 200% on legacy policies due to actuarial losses from underestimated services inflation, lower-than-expected lapse rates, and higher claim severity. Policyholders can accept…
120,170 Shares in The Hartford Insurance Group, Inc. $HIG Purchased by Mizuho Markets Cayman LP
Mizuho Markets Cayman LP bought a new stake in The Hartford Insurance Group, Inc. (NYSE:HIG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional…
Shark Branding Solutions Launches Shark AI Hackathon to Build the Future of Human-First AI Employees
Shark Branding Solutions' goal is to have the most human-like AI employees on the market. These are not just systems that answer questions. They are digital team members designed to understand context, emotion, urgency, and care. 'Everyone is…
7 Special Dividend Payers Shelling Out Up To 14.6%
Businesswoman use laptop and calculator analyzing company growth, future business growth arrow graph, development to achieve goals, business outlook, financial data for long term investment. Using vanilla websites for your dividend research? Be…
I survived a missile strike in the Strait of Hormuz, but my friend has not been found
'I felt the whole ship shake. I thought there'd been some fault with the engine. But as soon as I stepped outside of my room, there was another explosion.' Sunil Puniya, 26, was on his first job at sea when a missile struck the oil tanker Skylight…
I survived a missile strike in the Strait of Hormuz, but my friend has not been found
Kayleen Devlin, BBC Verify and Phoebe Keane, BBC News 'I felt the whole ship shake. I thought there'd been some fault with the engine. But as soon as I stepped outside of my room, there was another explosion.' Sunil Puniya, 26, was on his first job…
Why one woman bolted from 'tax haven' Florida, and others are leaving too
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. The Sunshine State has fallen from grace as a “tax haven” — prompting Lorraine English, 72, to move from Bradenton, Florida, to…
'I Think It Will Reduce Our Jobs': Jamie Dimon Predicts AI-Driven Workforce Shift At JPMorgan
Artificial intelligence is set to significantly alter hiring patterns at JPMorgan Chase & Co., according to CEO Jamie Dimon, who said the bank expects to recruit more AI-focused talent while reducing reliance on some conventional banking roles over…
Map shows best states to retire comfortably in US
A new analysis of retirement costs across the United States shows there are wide disparities in what it takes to live comfortably after leaving the workforce depending upon where you live, with annual expenses exceeding $100,000 in some states.
Thousands blocked from bank compensation in major Government rule change
THOUSANDS of people could be blocked from making a claim against their bank or insurance company under new Government plans. Approximately 3,000 people a year receive compensation for company failings that happened a decade or more ago –…
America is suffering a shortage of construction workers and sabotaging its ability to fill vacancies by wiping out the industry's immigrant backbone
Last July, construction site superintendent Robby Robertson warned his $20 million recreation center project in Mobile, Alabama, would likely be delayed for three weeks. He told Reuters that half of his workers stopped showing up to the site after…
The Future of Abortion Rights | Amy Littlefield, Nora Caplan-Bricker
In March the NYR Online published Amy Littlefield's sweeping overview of the shifts in abortion access since the Supreme Court's decision in Dobbs v. Jackson Women's Health Organization effectively outlawed the procedure in more than a dozen…
You have a credit freeze. It still isn't enough
Credit freezes have been free at Equifax, Experian and TransUnion since 2018. They are built to block one of the most common forms of identity fraud: new credit applications opened in your name. But the latest numbers show why a freeze cannot be…
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