News
Years of Waiting Over" " FG Clears "39. 63bn Pension Liabilities, Pays 24, 814 Retirees
11+ hour, 57+ min ago (470+ words) The Federal Ministry of Finance, in a statement Friday, said the payments have ended many years of anxious waiting for thousands of retirees. Working under the supervision of the Federal Ministry of Finance, the Pension Transitional Arrangement Directorate (PTAD) carried…...
Personal Accident Insurance: How Temporary Total Disablement Claims Work " Two Real Examples
1+ hour, 33+ min ago (334+ words) Home " Financial Planning " Personal Accident Insurance: How Temporary Total Disablement Claims Work " Two Real Examples In this article, Somaprasad S H, a senior insurance advisor explains with two real-life examples, how temporary total disablement claims in personal accident insurance work....
Relatives Didn't Know Life Policies Were Opened In Their Names. Iowa Says The Agent Collected Premiums
2+ hour, 2+ min ago (541+ words) A Walcott, Iowa, insurance agent is facing more than two dozen criminal charges after state investigators accused him of opening insurance policies in relatives" names without their knowledge. The Iowa Insurance Division identified the agent as Stanly Blythe, 61. He was…...
100 Long Island retirees caught "double-dipping" on Medicare, costing taxpayers $1. 6 M: audit - AOL
3+ hour, 15+ min ago (332+ words) Nearly 100 Nassau County retirees were caught double-dipping on Medicare checks for over 20 years " costing taxpayers over $1. 6 million, a new audit found." Some 94 county retirees were confirmed to have collected Medicare Part B reimbursements from Nassau County for spouses who are…...
This week in insurance: Shipping premiums rise, AI transforms underwriting, Luxury watch claims jump
5+ hour, 3+ min ago (428+ words) In India, home loan insurance adoption has increased sevenfold. The insurance industry from 29 June to 3 July saw developments across market conditions, technology adoption, claims trends, financial resilience, consumer behaviour, and regional growth. Marine insurance remained available throughout the conflict in…...
Louisiana delays insurance cancellations after Arthur
12+ hour, 30+ min ago (332+ words) (The Center Square) " Louisiana Insurance Commissioner Tim Temple has suspended insurance cancellations and other policy deadlines for residents in seven parishes affected by Tropical Storm Arthur, giving policyholders additional time to make premium payments and manage claims as recovery continues....
Insurance agility crisis: why insurers can't keep pace with risk
4+ hour, 24+ min ago (93+ words) Insurance Nerds Insurance agility crisis: why insurers can't keep pace with risk Earnix Highlights Agility Challenges in Insurance Sector Earnix has issued a warning regarding what it describes as an "insurance agility crisis," pointing out that the current pace of…...
Independent panel backs OSFI's actuarial report on the CPP
10+ hour, 33+ min ago (514+ words) Wealth Professional Independent panel backs OSFI's actuarial report on the CPP Three independent actuaries scrutinized the CPP report advisors lean on - here's their verdict An independent panel has affirmed the actuarial report advisors rely on to gauge the Canada Pension…...
Underwriters look beyond loss runs to measure fleet risk
9+ hour, 6+ min ago (952+ words) Commercial auto insurers are now looking beyond fleets" five-year loss histories when the time comes for renewals, expecting to see how fleets use telematics data to improve driver behavior, coach employees and reduce risk over time. "It"s not an…...
Neo Pro Ed Launches to Build India's Next Generation of Insurance & Insurtech Leaders
4+ hour, 30+ min ago (1096+ words) India's insurance industry is entering one of the most transformative periods in its history. Driven by digital innovation, artificial intelligence, embedded insurance, regulatory reforms, and rapid market expansion, the sector is projected to create thousands of new opportunities over the…...