Health insurance premiums for Federal employees and retirees availing the Federal Employees Health Benefits (FEHB) Program are expected to rise up to 5.6% by 2020. The change in rates will be observed starting January 1, 2020.
To inform policyholders ahead...
A 54-year-old man from Minnesota accused of faking his own death in 2011 for a $2 million life insurance has been pleaded guilty, according to a report from ABC News.
On the morning of October 2011, a corpse was found...
Some of the world's leading insurers collaborate to come up with a consumer rating service for cybersecurity companies.
Marsh & McLennan, a risk and insurance professional services company, led the initiative that aims to score the best products to reduce...
Philippine Senator Leila de Lima is promoting a proposal to give field media workers additional coverage along with tax-free hazard pay. This is through Senate Bill No. 1523 or the “Journalists Protection Act of 2020,” said GMA News Online.
The...
Specialty insurer and newcomer Mosaic Insurance has entered the market to provide war, terrorism, and political unrest coverage reported Insurance Business Magazine. These products can be considered primary, excess, or quota share insurance.
This new insurer has offices in London...
U.S. President Joe Biden took executive actions to reopen the federal marketplaces for the Affordable Care Act (ACA) with COVID-19 coverage.
An executive order signed by Biden indicates a 90-day enrollment period on Healthcare.gov for the insurance marketplace that will...
Singapore DBS Bank announced on Monday, Feb. 17, that it would be collaborating with Chubb Insurance Singapore to offer enhanced coverage for the COVID-19 outbreak.
The bank offers the new insurance product to its five million customers in Singapore that...
Swiss Re Group, the world’s second-largest reinsurer, has identified China to become the world’s largest insurance market in the next two decades, surpassing the United States insurance market.
According to the report, the said advancement is expected to happen in...
Shanghai Securities News announced that the Chinese insurance sector has a strong market profit in this year’s third quarter due to improved operations and government tax reductions.
The data revealed that the industry’s net profit grew by 122.7 percent...
Cryptocurrency exchange and custodian firm, Gemini Exchange or Gemini Trust Company, LLC, launched Nakamoto, Ltd. last Wednesday, January 16, 2020. Nakamoto, Ltd. is a captive insurer designed to insure Gemini Custody.
The crypto exchange business currently offers coverage for customer...
