Browsing: insurance

The Goods and Services Tax (GST) Council is considering a reduced GST rate on health and life insurance premiums, potentially set at 5%.

Ping An Insurance aims to expand its life insurance and retirement care services in Hong Kong.

Many Idaho homeowners face insurance non-renewal due to rising wildfire threats. Agents and state officials are working on solutions.

Angela Lee of Marsh McLennan Agency (MMA) discusses the insurance industry’s workforce challenges and the need for an inclusive approach to attract and retain talent.

Lemonade’s CEO, Dan Schreiber, discussed the evolving role of AI in the insurance industry, critiquing State Farm’s 2018 ad campaign that mocked AI chatbots.

A helpful guide to choosing the right term life insurance for you and your family

Angela Lee, a national claims director at Marsh McLennan Agency (MMA), discusses the insurance industry’s workforce challenges and the importance of diversity and inclusion.

A subsidiary of Travelers Cos. Inc., Charter Oak Fire Insurance Co., has been sued over its denial of a hail damage claim. The policyholder is now seeking to compel an appraisal process.

Palomar Holdings, Inc. has announced the acquisition of Advanced AgProtection (AAP), a Texas-based managing general agent (MGA) specializing in crop insurance. This strategic move follows a two-year partnership and marks a significant expansion of Palomar’s presence in the growing crop insurance market.

A new report by KPMG highlights the growing use of artificial intelligence (AI) in the insurance industry, with significant differences between life and general insurers. Despite high expectations for competitive advantage, trust in AI is a notable concern.