Insurance Industry News
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If Trump wins, 20 million people could lose health insurance. If Biden wins, 25 million could gain it.
Millions of Americans stand to gain — or lose — health care coverage in the 2020 presidential election. An unfavorable Supreme Court ruling next year could mean potentially millions of low-income and middle-class people lose their…
Agriculture Crop Insurance Market to See Huge Growth by 2025 : QBE Insurance, Prudential Financial, AXA
Edison, NJ -- (SBWIRE) -- 09/30/2020 -- Latest released the research study on Global Agriculture Crop Insurance Market, offers a detailed overview of the factors influencing the global business scope. Agriculture Crop Insurance Market research…
The Best Insurance Companies In Every State 2021
When the Coronavirus pandemic forced millions of Americans to work from home to curtail the spread of the virus, cars sat idle in garages and the U.S. economy ground to a halt. There was one silver lining: Traffic and traffic-related accidents…
Is COVID-Specific Travel Insurance Worth Buying?
You can't blame travelers for being once bitten, twice shy when it comes to travel insurance during the pandemic. Last spring, many discovered that the insurance they paid for—to protect against unexpected medical issues, job losses, storms…
Furloughed flight attendant's future uncertain as industry fights for aid
Annette Hala has worked as a flight attendant for United Airlines for the past seven years. She worked her last flight a week ago. 'I dreamed of being a flight attendant when I was a little girl and my dream came true,' Hala said in an interview…
The State of Surplus Lines Insurance: Busy Solving Risk Puzzles in a Complex World
Insurance professionals in the surplus lines sector are busy. Busy adapting to a changing business world during COVID-19. Busy adapting to a changing property/casualty market where standard lines insurers are steadfastly shedding undesirable…
What Legal Language Should I Look Out for When Selecting Cyber Insurance?
At times, vague coverage can actually work for you. Question: What legal language should I look out for when selecting cyber insurance? Andrea Luoni, CEO and founder of RateCraft: This is a great question because a higher premium does not always…
These are 9 hot startups that will influence the future of travel and logistics after COVID-19, according to Europe's Target Global
The pandemic has disrupted how people travel, accelerating trends such as e-bikes and scooters while forcing innovation in cars and delivery. Venture capital investors funds piled $11.8 billion into the wider sector of mobility in the first three…
Reserve Bank review of insurance solvency begins - again
After being deferred by Covid and other matters, the Reserve Bank will relaunch its review of the laws governing insurance companies and their solvency levels. The central bank is reviewing the Insurance Prudential Supervision Act 2010 or IPSA…
Insurance Company Uses Artificial Intelligence to Promote Worker Safety
Artificial intelligence will offer ergonomic assessments to employers. Travelers Insurance Companies has started using artificial intelligence to administer ergonomic assessments, according to Insurance Journal. The company claims to be the first…
Motorists warned over insurance scams
MOTORISTS are being urged to protect themselves from a rising tide of insurance fraud schemes. The insurance industry has launched a national campaign – Stop the Scams – to help drivers spot signs of organised crime cons and report…
From driving license to health insurance, five new rules from October 1
From October 1, five rules that concern our daily lives will change. Of the new rules which will come into effect from Thursday, while some will benefit people others will cause some inconvenience. Here are new rules that will kick in from October…
What the insurance industry wants from its tech vendors
The insurance industry wants technology vendor incumbents to become more innovative, but also limit the number of products to maintain and buy, according to the CEO of Applied Systems. “We did a lot of end-market survey work over the last…
COVID-19 fatalities maximum amongst working class - time to invest in term insurance
The global confirmed case tally of COVID-19 currently stands at 31 million (3.1 crore), with over 7 million (70 lakh) active cases and over 24 million (2.4 crore) recoveries. The global death toll has now crossed 9.8 lakh with the US having the…
LL Global Selects Poklar to Lead Its Insurance Research Unit
LL Global, the Windsor, Conn.-based parent company for LIMRA, LOMA and Secure Retirement Institute, has tapped Mark Poklar to lead its insurance research unit. He will report to Alison Salka, senior vice president and head of LIMRA Research. During…
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