IRDAI suggests new modules for low-income groups and small businesses | Business Insurance

know about this IRDAI suggests new modules for low-income groups and small businesses in complete details. A commission appointed by regulator IRDAI has suggested more than a dozen low-cost “microinsurance” modules with a view to expanding protection plans for the uncovered population and small businesses. The committee has suggested that insurers should be allowed to … Read more

Insurance Commissioner Describes Fighting Fraud | News, Sports, Jobs

-Messenger photo by Bill Shea Iowa Insurance Commissioner Doug Ommen listens to a question from the audience Friday morning during his presentation to the North Central Iowa chapter of NAIFA, a professional organization of financial advisors and insurance agents. The group met at Fort Dodge Ford Lincoln Toyota. Financial advisors and consumers alike have an … Read more

Burial funds, lack of life insurance in the spotlight after GI’s death

Gov. Greg Abbott ordered the lowering of flags at the Texas Capitol last week in honor of Spc. Bishop Evans, the soldier who died trying to rescue two migrants on the Rio Grande. But even as the governor issued the order, a former Texas National Guard commander said Evans, 22, of Arlington, was not getting … Read more

Governor Walz signs bill to replenish Unemployment Insurance Fund and provides bonuses to frontline workers – WCCO | Business Insurance

know about this Governor Walz signs bill to replenish Unemployment Insurance Fund and provides bonuses to frontline workers – WCCO in complete details. TO UPDATE: Gov. Tim Walz signed a bill into law Friday to replenish the state’s unemployment insurance trust fund and provide bonus checks to workers who were on the front lines during … Read more

3 home improvements that can increase your insurance costs

Image Source: Getty Images Don’t upgrade your home without understanding how insurance costs will be affected. Key points Home insurance premiums are affected by many factors. Some changes to a home can increase insurance rates. This may include adding a swimming pool or an addition to a house. Having enough home insurance coverage is crucial … Read more

What to look for in a provider when getting insurance | brand voices | Business Insurance

know about this What to look for in a provider when getting insurance | brand voices in complete details. Details Why do I need insurance? Construction companies, as well as small contractors and private handymen, use insurance policies to cover their businesses. So what exactly is it? Handyman insurance is an insurance policy that covers … Read more

Maine Voices: Delays in insurance payments highlight deepening crisis for Maine EMS providers | Business Insurance

know about this Maine Voices: Delays in insurance payments highlight deepening crisis for Maine EMS providers in complete details. Much has been said and written about the conflict between MaineHealth and Anthem, both major players in the Maine health care landscape with big money and high stakes. However, the impact of insurance company reimbursement goes … Read more

Catalytic Converter Thefts Plague Car Owners, Clog Service Bays and Affect Insurance Companies

Catalytic converters cut away to show interior components. Photo by Reuters Raymond/Sygma via Getty … [+] Images Sygma via Getty Images The number of catalytic converters being ripped out of vehicles continues to rise, and theft figures have skyrocketed in recent years, according to insurance companies, law enforcement agencies and auto service centers. The devices … Read more

Berkshire Hathaway (BRK) earnings Q1 2022 | Business Insurance

know about this Berkshire Hathaway (BRK) earnings Q1 2022 in complete details. Warren Buffett’s Berkshire Hathaway reported a decline in first-quarter profit on Saturday as the conglomerate was not immune to the slowdown in the US economy. The company’s net earnings came in at $5.46 billion, down more than 53% from $11.71 billion in the … Read more

State encourages residents to beef up security and check homeowners insurance policies this spring – WYSH AM 1380

(TDCI Press Release) Now that spring is in full swing, many Tennesseans across the Volunteer State will be doing traditional spring cleaning and yard work around their homes. The Tennessee Department of Commerce and Insurance (“TDCI”) reminds residents to take some simple preventative steps to create a safer home today. Additionally, homeowners should use the … Read more

Product Showcase – LeO’s Sales Assistant Tool | Business Insurance

know about this Product Showcase – LeO’s Sales Assistant Tool in complete details. “It’s obviously one of the biggest markets in the insurance space,” Saar Miron (pictured), vice president of products at LeO, told Insurance Business America. “Israel is a small market, obviously, compared to the United States.” The company is focused on an AI-powered … Read more

HD Vehicle Insurance logs 20 million miles of fewer crashes, less speeding and less hard braking

Connected technology equips small and midsize commercial fleets with sophisticated security and risk management tools to mitigate risk, improve efficiency and lower insurance costs HDVI continues to grow, expands the fleet services office and begins to offer an insurtech solution in South Carolina with plans to be in 25 states by the end of 2022 … Read more