At least 1.1M N.J. drivers will pay more for auto insurance next year. Here’s what you need to know.
Gov. Phil Murphy not too long ago signed a invoice into regulation that may power a couple of million New Jersey drivers to pay extra annually in auto insurance.The invoice’s advocates say the measure is lengthy overdue as a result of victims of crashes haven’t all the time been in a position to have their medical payments coated...
5% GST on hospital room rent: How will it impact health insurance policyholders?
The forty seventh GST Council assembly in June 2022 capped the GST at 5% to be relevant on room hire (excluding ICU) exceeding Rs 5000 per day per affected person charged by a hospital.
When somebody will get hospitalised, one has an possibility to decide on several types of rooms—single personal room, twin sharing, suite room, and so forth. The per-day room hire fees for...
Citizens Property Insurance has 1 million policies in Florida
A few weeks ago, more than half of the private homeowners insurance providers in FL were slated to be downgraded by the financial analysis firm that rates them.
TAMPA, Fla. — We told you a few weeks ago about...
Captive insurance industry news | Cybersecurity revenue in insurance sector to grow 10% annualised to 2025, says GlobalData
Cybersecurity revenue in insurance sector to grow 10% annualised to 2025, says GlobalData
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Hub acquisition targets credit insurance, risk management
Hub International has strengthened its credit score insurance and danger administration capabilities by buying Ottawa-based Jaimac Risk Management Inc.
Chicago-based world brokerage Hub introduced the acquisition Friday. Jaimac is an impartial insurance brokerage specializing in danger administration and credit score insurance for firms with distinctive risk-mitigation wants.
Jaimac president Paul Turner and the Jaimac staff will be a part of...
1 in 11 R.I. residents drop flood insurance after FEMA rate hikes
PROVIDENCE – About 1 in 11 Rhode Island residents have dropped their flood insurance since December as a result of Federal Emergency Management Agency’s new system that some say impacts the state’s poorer residents, based on a report Thursday from WPRI-TV CBS...
Majority of firms lack cyber insurance
Businesses are slowly dropping the capability to insure themselves in opposition to a attainable cyber assault, however the quantities demanded by criminals hold rising.
That is in response to a brand new evaluation from Blackberry and Cyber MGA Corvus, which warns of a widening 'cyber insurance hole' in North America.
Based on a survey of 450 IT leaders at firms...
‘Long-term care insurance fund to dry out in four years’
Long-term care insurance reserves will dry out in 2026 and create a deficit of 76.7 trillion received ($58.9 billion) in 2070, a lawmaker stated Friday, calling for the federal government to increase its monetary assist.
Rep. Lee Jong-sung of the ruling People Power Party made a declare primarily based on the long-term evaluation by the National Assembly Budget Office...
NZ’s newest $1 billion company: Partners Life to be sold to Japanese insurer
New Zealand life insurer Partners Life is being sold to Tokyo-listed global insurer Dai-ichi Life in a $1 billion deal just 12 years after the company was founded. Managing director Naomi Ballantyne started Partners Life in 2010. It had grown to insuring more than 225,000 lives with $427.9 million in premiums as at March 31. “I’m so excited,...
