Author: insurancejournalnews
The National Association of Insurance Commissioners (NAIC) is set to convene its new risk-based capital (RBC) task force at its spring meeting, along with discussions on data calls and asset adequacy testing.
A new bill proposed in California aims to alleviate the burden on homeowners by requiring insurers to pay full coverage for lost belongings without demanding itemized lists, a move consumer advocates applaud.
COAST is partnering with Cross Insurance to offer free bus rides on Saturdays, promoting public transportation in the Seacoast area.
COAST and Cross Insurance team up to provide free bus rides on Saturdays, supporting local transportation and businesses.
A recent survey by QBE Insurance reveals significant gaps in how Singaporean SMEs manage business risks and workforce priorities. The report highlights underinsurance despite major concerns over business interruption, inventory loss, and fraud.
Chinese insurance companies have been fined over 200 times this year, totaling nearly 70 million CNY.
The National Financial Supervision Administration (NFSA) reported a continued decrease in the number of professional insurance intermediaries in China, marking a significant trend in the industry.
An examination of life insurance needs for those outside the traditional income-earning role, and for children.
Industry analysis reveals a 3.5% decrease in life insurance premiums during February, driven primarily by a downturn in group single premiums. Regulatory changes and intensifying market competition influence both public and private insurance providers.
Munich Re announced the acquisition of Next Insurance for $2.6 billion, expanding its presence in the U.S. small business insurance market.