This insight confirms the powerful role a credit union or bank can play as a trusted insurance advisor to their customers for purchasing insurance. This ‘cross-selling’ result is a record…the highest ‘bundling’ rate we’ve seen.” — Matt Chesky, President of INSURITAS EAST WINDSOR, Conn., Nov. 28, 2022 /EINPresswire.com/ — 71% OF MEMBERS RECEIVED AN AUTO …
By JULIUS BARIGABA Insurer Britam has pulled out of a deal to take over the East African Crude Oil Pipeline (Eacop) after the firm’s own internal environmental and social risk assessment revealed its involvement in the $5 billion project breached policies and performance standards supporters. Details of Britam’s withdrawal emerged in a response filed on …
Why Britam walked away from the Uganda-Tanzania pipeline insurance deal Read More »
By JULIUS BARIGABA Insurer Britam has pulled out of a deal to take over the East African Petroleum Pipeline (Eacop) after the firm’s own internal environmental and social risk assessment revealed its involvement in the $5 billion project breached the backers’ policies and performance standards. Details of Britam’s withdrawal emerged in a response filed on …
Why Britam walked away from the Uganda-Tanzania pipeline insurance deal Read More »
The Insurance Regulatory and Development Authority of India (IRDAI) approved a raft of proposals at its meeting on Friday, allowing private equity funds to invest directly in insurance companies, allowing banks to tie up with nine insurance companies, allowing insurance companies to raise alternative investments such as subordinated debt and preferred shares without seeking prior …
IRDAI approves changes in capital, ownership, solvency of insurance companies Read More »
On the Michigan Bridge Car accident victims and providers could be dealt another blow in changing Michigan’s no-fault auto insurance law when Democrats take control of the Legislature in January. A 2019 law introducing major changes to Michigan insurance policies gave drivers the ability to choose coverage levels. The reform aimed to reduce the state’s …
No-fault insurance reform likely after Democrats take power in Michigan | News Read More »
November 24, 2022 Freeman’s Law To print this article, all you need is to be registered or logged in to Mondaq.com. CCA 202244010: What constitutes adequate disclosure of microinsurance insurance arrangements Introduction: Disclosure of microinsurance arrangements Microinsurance arrangements are an area of focus for the IRS. As we discussed in our previous post discussion Avraami …
Disclosure of Microinsurance Insurance Agreements – Insurance Laws and Products Read More »
We return to the Capitol for state legislators. More than seven months after convening a special session to find solutions focused on Florida’s property insurance crisis, state lawmakers will tackle the issues again as insurance companies continue to pull out of the state and interest rates skyrocket. Senate President Kathleen Passidomo, R-Naples, and House Speaker …
Legislature to take up property insurance again in special session | Local news Read More »
London, 22 November 2022 – European insurance M&A deals for 2022 continue to run at a record high of 292, compared to 280 in Q1-Q3 2021 and 190 in the same period of 2020 ., as investors pursue opportunities to deploy unspent capital despite geopolitical tensions, economic turmoil and rising debt financing costs, according to …
THE ERA OF ECOSYSTEMS AND THE RISE OF OPEN INSURANCE WHAT IS AN ECOSYSTEM? An ecosystem is when there are multiple participants working in harmony for the benefit of all. A prime example of this was when Apple launched its iPhone on June 29, 2007. People were impressed by such a simple and powerful mobile …
Endava: The ecosystem era and the rise of open insurance Read More »
LOUISVILLE, Ky. (WAVE) – It’s that time of year when families and friends get together for the holidays. As people get together with the ones we love, there’s one thing they may want to add to their list and that’s a homeowner’s inspection or renter’s insurance. It may not create the holiday spirit, but it …