Tag: live insurance news

Insurance news made by 325th birthday of Lloyd’s

Julie Campbell
Lloyd's of London insurance news 325 birthday

As a part of its celebrations of this milestone year, it has been publishing a number of online materials. The world renowned marketplace, Lloyd’s of London is making insurance news as it celebrates its 325th birthday this year and, as a part of its recognition of that milestone, it is making a large amount of different materials available online to understand its history and legacy. The company found its beginnings as a simple coffee shop owned by one man, and rapidly expanded. According to the Lloyd’s website, which is receiving…

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Insurance news from India shows ongoing consideration of Iranian oil coverage

Julie Campbell
india news iran crude oil insurance

Insurers from Iran have offered to provide cover for tankers transporting that country’s crude. The latest in the insurance news saga regarding Iranian oil tanker coverage, particularly when it is headed to India, is that Iran is offering to provide the coverage for the ships so that Indian companies will be able to accept it. However, the Indian companies still hold some reluctance as they do not want to expose themselves to sanctions. India has been considering adding an additional state guarantee of $327 million to this insurance news, to…

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Insurance news from Nationwide reveals a massive computer breach

Julie Campbell
insurance news security breach

The insurer has announced a network attack that has compromised data from 1.1 million people. Nationwide Mutual Insurance Co. has just revealed that back in October, someone hacked into a part of their computer network, making insurance news when the data of over 1.1 million people was breached. The attack occurred on October 3 and involved the same network that is used by Allied. It has now discovered that this insurance news involves a breach that has compromised personal data from customers which can include names, birth dates, driver’s license…

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Insurance news from Ghana may send health system into bankruptcy

World Bank Building pandemic Insurance fund News

A study from the World Bank has shown that this could occur as early as 2013. The World Bank has released the results of their latest study, which has revealed the devastating insurance news regarding Ghana’s health coverage system and its direction toward bankruptcy in 2013. As soon as next year, the National Health Insurance Scheme (NHIS) could be bankrupt. The insurance news report stated that “the system has serious structural and operational inefficiencies and is on a trajectory to go bankrupt as early as 2013.” It went on to…

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