Life insurance company John Hancock teamed up with Alphabet’s Verily to bring new insurance products in the market. The latest venture of these two business firms was announced last Monday, October 28, 2019. The new product will be centered...
A study by consumer advocacy group Choice revealed that Australia’s insurance industry is dying, The Guardian reported. According to the Australian Healthcare Reform Alliance (AHCRA), the issue simply showed that the recent reforms in the insurance industry failed.
To put...
Allergan’s subsidiaries Forest Laboratories Inc. and Forest Laboratories Holdings paid a total of $750 million settlement for class suit over the Alzheimer’s drug Namenda.
Back in 2014, Forest has announced plans to discontinue the Namenda HCI 5mg and 10mg tablets....
The U.S. Office of Personnel Management (OPM), announced Monday, Oct 21, the introduction of a new Federal Long Term Care Insurance Program plan dedicated to federal employees and annuitants.
In a news release, the agency said that the new version...
California residents in fire-prone areas find themselves without fire insurance as insurers start discontinuing their policies, said Fox Business. This came after the disastrous wildfires in the state that occurred just last year.
Reports said that insurers are refusing to...
Malaysian firm ETIQA plans to bring Islamic insurance coverage in the Philippines. The takaful system will allegedly be offered under Islamic banking institutions provided these can gain a wider audience in the country.
ETIQA is the insurance department of Maybank. Takaful...
Health care insurance startup Oscar Health plans to expand its coverage to individuals and families, servicing 12 new markets in 2020.
The insurance company announced its comeback to Dallas, after dropping out to the market in 2016. It has developed...
Plymouth Rock Assurance announced Thursday, Oct 17, it has finalized its purchase of New Jersey’s largest motorcycle insurance provider, the Rider Insurance Company.
In a press release, Gerry Wilson, President and CEO of the Plymouth Rock Management Company of New...
Traditional insurance companies are boosting their online presence as a move to tap the Millennials and Gen Z markets.
According to Insurance.com, buying insurance online is a popular method used by younger individuals ages 18 to 25 years old. Out...
Last Tuesday, October 15, 2019, insurers from the Philippine Insurers and Reinsurers Association (PIRA) and Philippine Insurance Clubs (PIC) signed a memorandum agreeing to provide insurance coverage for Metro Manila Development Authority (MMDA) workers. The agreement was signed during...
