BY TONY PUGH tpugh@mcclatchydc.com Facing an uncertain future as the Affordable Care Act teeters, health insurers have stepped up lobbying efforts to make sure their wish list of policy changes comes true. From Washington’s K Street to Capitol Hill, demand is high for industry operatives who can educate lawmakers, administration […]
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Pay-as-you-go car insurance – perfect for the low-mileage driver?
Do you drive just a few miles a year but still end up paying lots for motor cover? Two start-up firms offering pay-as-you-go policies could be the answer Millions of people buy their mobile phone service on a pay-as-you-go contract – and now we are being offered car insurance in […]
NAICOM unveils more sanctions for late submission of accounts
Leave a comment and share Chuks Udo Okonta Insurance firms that failed to submit their financial accounts on or before March 31 will be restricted from engaging on some activities, the National Insurance Commission (NAICOM), has said. The commission said it would also take action against officials accountable for financial […]
UK plans to remove insurance barriers for self-driving cars
Teething problems: The introduction of self-driving cars has been hampered by legal hurdles in several countries. — Reuters Britain plans to introduce new insurance rules to ensure victims of accidents involving self-driving cars are compensated quickly in a bid to remove a major obstacle for the nascent industry. The introduction […]
$15B Hawaii pension fund seeks a consultant for its real estate investments
The Hawaii State Employee Retirement System, which is underfunded and overcommitted by more than $12 billion, is looking for a real estate investment consultant to review the performance of its real estate managers and the overall program, Pacific Business News has learned. The Employees’ Retirement System, which provides retirement allowances […]
Man kills self; makes it look like murder for insurance claim
Mumbai: Nearly a month after police registered a case of murder after a Kerala-based gold merchant was found hanging at a lodge in suburban Chembur, it has come to light that the man had actually committed suicide, but made it look like murder as he wanted his kin to claim […]
Sanlam launches instant insurance app
South African financial services firm Sanlam has launched Go Cover, an on demand insurance app. South Africans and foreign tourists can now access instant accident cover via their smart phones. According to Sanlam, Go Cover is a first in the South African Market. After downloading, the app requires an on-off […]
Insurance company SA merges with Standard Life
Standard Alliance Insurance Plc, has formally merged with its sister company, Standard Life Assurance, to become a one big insurance company, underwriting life and non-life insurance businesses. The court-sanctioned merger makes Standard Alliance Insurance Plc a leading composite insurance company with a shareholders fund of N6.392billion and asset base of […]
120 sacked workers get sudden loss of job claims from Anchor Insurance
From left: General Manager, Retail, Anchor Insurance, Uzoma Ofurum; Eberechi Ige, former staff of UBA Plc, Aderemi Adesibikan, former staff of Heritage Bank and Group Head, Anchor LoEIS, Kehinde Olaniyi during the presentation and payment of Anchor LoEIS claim cheques. Left Inset: Presentation of claim cheque to Eberechi Ige. Right […]
Linkage Assurance pledges robust dividends for shareholders
From left: Managing Director Linkage Assurance Plc, Pius Apere; Chairman, John Anderson Eseeimokumoh and Company Secretary, Kehinde Ayodele at the firm’s 22nd annual general meeting in Lagos. Leave a comment and share Chuks Udo Okonta Linkage Assurance Plc has promised its shareholders that the future looks bright for the company, […]
