Tag: insurance news

Life insurance report shows Thai growth next year

Thailand LIfe Insurance news

Fitch Ratings has released its predictions for the growth of the sector in Thailand’s marketplace. According to data from Fitch Ratings, next year, the life insurance sector in Thailand should be seeing steady growth in its premiums. This is supported by the growing affluence among its residence and the increased product awareness. The recent catastrophes that have been faced by the people of Thailand have made them more aware of the availability and importance of life insurance coverage. This was published in the research firm’s “2013 Outlook: Thai Life Insurance…

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Renters insurance in North Carolina to increase 13.2 percent

Renters insurance

Rates for homeowners policies will not be affected by this change. North Carolina’s Commissioner Wayne Goodwin has announced that he is stepping away from his decision for slightly decreasing rates for rental insurance and other types of coverage for properties that are not occupied by their owners, due to a court battle declared by the industry. An out of court settlement has now been reached for the case between the industry and the Insurance Department. A compromise was reached in the settlement that fell between the 2.6 percent decrease in…

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Life insurance industry may be in for a rough future

Dan
How much life insurance do you need?

Life insurance industry must adapt to change or it will fail The life insurance industry is facing a changing landscape, new risks, and emerging trends that could have a drastic effect on business. A new report from PwC US, an industry-focused consulting firm, suggests that life insurance companies will need to adapt to these changes if they wish to survive the next decade. The report, titled “Life Insurance 2020: Competing for the Future,” highlights several of the emerging factors that could have major influence over the life insurance industry. Report…

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Health insurance comparison guide for 2013 Medicare supplement released

H. Cutner
Medicare open enrollment deadline approaching fast – things you should know!

The Louisiana Department of Insurance and senior counselors are helping beneficiaries for next year. With the 2013 open enrollment period growing closer to completion for Medicare health insurance beneficiaries, officials in the industry are now ready to help people to ensure that they make the right choices for their coverage. Assistance is now available for helping to make decisions and use the coverage more effectively. Louisiana Department of Insurance Senior Health Insurance Information Program (SHIP) has counselors who are working throughout the state to help beneficiaries of Medicare to choose…

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Insurance news scandal and media fire response from Citizens

Julie Campbell
Florida Insurance News - Citizens insurance

The Florida homeowners insurer of last resort says that the dramatic reports are misleading. The homeowners insurer of last resort in Florida is now responding to the latest insurance news that includes heavy media fire regarding the scandal that surrounds the closure of the company’s watchdog department. Citizens says that much of the media coverage is highly misleading and is quite inaccurate. The CEO of the state backed insurer gave his own insurance news statement. Barry Gilway did agree that there have been a small group of supervisors within the…

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