Rs 82,000 cr lying in unclaimed bank a/cs, life insurance, mutual funds, PF: How to get your money back

When its flagship equity scheme completed 25 years, a fund house wrote to investors who had remained invested in the scheme for more than two decades. But the note of congratulation led to a completely unexpected outcome. Over the next few weeks, there was a perplexing flurry of redemption requests from many long-time investors. “Many … Read more

Etihad Credit Insurance shareholders laud the Federal Company’s performance in 2020

Etihad Credit Insurance shareholders laud the Federal Company’s performance in 2020

His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Deputy Chairman of Etihad Credit Insurance Board of Directors, chairing the meeting DUBAI, UNITED ARAB EMIRATES, July 4, 2021 / — Etihad Credit Insurance, the UAE’s Federal export credit company, held its Annual General Meeting of Shareholders to review its … Read more

How California homeowners are trying to save their fire insurance

Susan Hassett did everything she could to convince the insurance companies her Yolo County ranch could survive a wildfire. After Allstate told the retired firefighter in 2017 that the devastating blazes across the state meant her home was too risky to insure, she spent three years calling every competitor and begging them to come out … Read more

Gleaner Life Insurance Society’s Flag Day flag exchange helps veterans

A $2,500 check was presented to Community Action Agency for veteran housing services through the Flag Day flag exchange at Gleaner Life Insurance Society. Pictured from left are Gleaner Life vice presidents Jaime Linden and Deb Elliott, CAA veteran housing advocates Ted Crockett and Robyn Loveland, and Gleaner Life President and CEO Kevin Marti.

ADRIAN — Contributions put toward a flag exchange program last month in Adrian resulted in $2,500 being raised for veterans housing in Lenawee, Hillsdale and Jackson counties. Gleaner Life Insurance Society conducted a flag exchange program at its home office in Adrian correlating with the Flag Day holiday. The program, which allowed people to replace … Read more

On fireworks, insurance, easier home loans for student loan borrowers

Fireworks raise insurance questions.

Happy Third of July! Here are three hot real estate items: on fireworks and homeowners insurance; on making it easier for people with student loans to qualify for a mortgage; and on the gazillion dollars (OK, just billions) worth of property in Oklahoma County. Fireworks at home and insurance From Oklahoma Insurance Commissioner Glen Mulready, … Read more

Buying Insurance? Six Steps to Find a Provider That’s Right for You

Buying Insurance? Six Steps to Find a Provider That’s Right for You

by: Better Business Bureau Posted: Jul 3, 2021 / 03:00 PM CDT / Updated: Jul 3, 2021 / 03:16 PM CDT Hanging files/insurance – stock photo There are thousands of insurance carriers in the United Sates. According to the Insurance Information Institute, “In 2019 there were 5,965 insurance companies in the U.S. (including territories), according … Read more

Royal Caribbean Now Requires Travel Insurance For Unvaccinated Passengers

Royal caribbean ship in caribbean

Share The Article Last Updated 2 mins ago Royal Caribbean cruises have set a list of restrictions on board their cruises for unvaccinated travelers this summer. After 16 months of being stationary, Royal Caribbean is offering cruises in the United States yet again. The company restarted North American cruise ships on June 12th, when they … Read more

Michigan’s no-fault insurance reform cut money for rehab services; advocates say they’ll still fight

Erin McDonough Insurance Alliance of Michigan's executive director

LANSING, Mich. — For months, advocates and survivors of catastrophic auto accidents fought against a no-fault auto insurance reform that cut money for certain specialized rehabilitation services. The new law took effect July 1 but advocates say the fight is long from over. No-fault insurance reform was meant to lower car insurance costs across the … Read more

Final week for entries to Asia’s Top Insurance Employers 2021

Final week for entries to Asia’s Top Insurance Employers 2021

It’s the final week to put forward your company to be recognised as one of Asia’s Top Insurance Employers. Insurance professionals across the region can nominate their firm through this online form. Open to all organisations within the insurance industry, Top Insurance Employers will recognise companies big and small based on their performance across a … Read more

United Insurance Holdings Corp. Previews Q2-2021 Estimated Catastrophe Losses

ST. PETERSBURG, Fla.–(BUSINESS WIRE)–United Insurance Holdings Corp. (NASDAQ: UIHC) (UPC Insurance or the Company), a property and casualty insurance holding company, today announced estimated current year catastrophe losses incurred during the second quarter ending June 30, 2021, of approximately $40 million before income taxes (approximately $31 million after tax), net of expected reinsurance recoveries. The … Read more

P&C insurance industry reverses trend, increases municipal bond holdings in 2020

SNL Image

Property and casualty insurers boosted their stakes in municipal holdings in 2020 for the first time in several years amid a positive climate for government-issued debt securities. Insurance companies hold significant investments in municipal bonds, with the P&C space being the largest holder by sector. Since at least 2016, the P&C industry has been reducing … Read more

Brunsdon Insurance Brokers relocates to bigger Gloucester offices

Brunsdon Insurance Brokers relocates to bigger Gloucester offices

Gloucester-based Brunsdon Insurance Brokers has moved to new offices at Arlingham House at Green Farm Business Park in Quedgeley, adjacent to the DSA Driver Test Centre. Specialising in corporate business insurance, risk management, SME business solutions and private client services, Brunsdon is a fully independent and privately-owned insurance brokerage. After five years at Goodridge House in Quedgeley, … Read more

China’s Leading Health Insurance Platform QingSong Health Group and the World’s Largest Insurance Company AXA Reached a Strategic Cooperation

China's Leading Health Insurance Platform QingSong Health Group and the World's Largest Insurance Company AXA Reached a Strategic Cooperation

BEIJING, July 2, 2021 /PRNewswire/ — On June 25th, China’s leading health insurance technology platform QingSong Health Group and AXA Insurance Group reached a strategic cooperation. The two parties will work together in in-depth exploration of insurance education, insurance innovation, health services and other aspects, and are committed to providing solid health protection for 490 … Read more

Chetrit’s Lender Alleges Firm Stole $2M Insurance Payout

Joseph Chetrit with the Tides Hotel (Getty, Tides via Facebook) Chetrit Group’s new lender alleges that the New York real estate firm stole $2 million in insurance money tied to damages at the long-shuttered Tides South Beach hotel, court filings show. The latest allegations are part of a $45 million foreclosure lawsuit filed earlier this … Read more

Californians in Fire Prone Areas Struggle to Find Insurance

Jul 1 at 10:00 AM Failed to save article Please try again A firefighter watches smoke billow as flames approach a residential area in Sonoma in California on October 10, 2017. Firefighters battled wildfires in California’s wine region on Tuesday as the death toll rose to 15 and thousands were left homeless in neighborhoods reduced … Read more

Azentio Software acquires specialist Insurance technology firm Beyontec

Beyontec has more than 300 employees and over 65 customers across the US, Middle East, and Africa. The company provides a comprehensive range of digital solutions for the insurance industry, including a core multi-line insurance administration system, digital platform-based ecosystem solutions, and a comprehensive set of cloud-based accelerator tools. The acquisition expands Azentio’s customer base and … Read more

Fubon Life is leading the race in insurance services

Fubon Life is leading the race in insurance services

&nbsp Author: Fubon Life Insurance July 1, 2021 In spite of the COVID-19 pandemic spreading globally, the effects of which have drastically changed people’s lifestyles, Fubon Life Insurance actually grew against the headwind of 2020. Not only did its total assets exceed the NT$5trn (£128bn) mark, but the annual after-tax net profit also reached NT$61.04bn … Read more