The natural disaster rate climbs as industry reevaluates high risk areas. Natural disasters seem to be happening more regularly, a fact that the global insurance…
Tag: trends in the insurance industry
Severe weather leads to over $1.2 billion in insurance losses in March
Insurance industry gets hit with huge losses for 2012. Global reinsurance intermediary, Aon Benfield, which is also responsible for the Aon plc capital advising, has…
Climate Prediction Center heralds the return of El Nino this year
Insurance industry on El Nino watch. The U.S. Climate Prediction Center (CPC), a government agency that provides weather information to the insurance industry and others,…
Medical loss ratio provision could have saved Illinois residents millions according to Commonwealth Fund report
Health care reform medical loss ratio study The Commonwealth Fund, an independent foundation based in New York that researchers health care policies, has released a…
Major Chinese ship insurance company to cease Iranian oil tanker coverage
Commercial insurance market for oil tankers tightens A major insurer of Chinese ships has announced that, starting in July, it will be stopping its indemnity…
Court rules denial of benefits to same-sex couples to be discrimination
Same sex insurance coverage ruling The chief judge in a San Francisco court has deemed the denial of insurance benefits for a same-sex spouse to…
California insurance regulators clash with Aetna over insurance rate hikes
California health insurance industry go head to head with regulators Aetna Life Insurance has raised the health insurance rates for small employers in the state…
