Insurance

Tata AIA Life unveils multicap momentum quality index pension fund

Tata AIA Life Insurance's Multicap Momentum Quality Index Pension Fund NFO offers a quant-based strategy for retirement planning, balancing risk and returns. It invests 80%-100% in equities, levera...

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Health is a basic human right, say speakers at seminar

Former bureaucrat Ramesh criticises State’s proposal to extend medical insurance coverage to all and asked how it could ensure better health standards

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Royal Caribbean, Carnival Cruise Line share surprising ban

Americans have never really agreed as to what age makes you a legal adult.In most areas, you're an adult when you turn 18. At that age, you are considered to be of the age required to consent to se...

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What independent agents want from insurance carriers, Vertafore

Vertafore report finds that 69% of independent agents said digital personal lines rating and submission is a must-have.

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Farmers' head of agency owner operations; Prudential Financial appoints chief people officer: Career moves

Farmers Insurance names head of agency owner operations; Prudential Financial appoints chief people officer, plus more career moves.

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Buffett’s Berkshire Posts Record Profit on Insurance, Investments

Warren Buffett’s Berkshire Hathaway on Saturday said operating profit set a record in the fourth quarter and for the third straight calendar year, bolstered by improved underwriting and higher inve...

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Rising Climate Risks Demand New Strategies

"Smart" hazard scores of each asset, combined with historical data and predictive insights, can provide comprehensive risk assessments.

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AI Transforms P&C Insurance Data Governance

Generative AI enhances P&C insurance data governance, automating processes while strengthening regulatory compliance and data quality.

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P&C Insurance: Mind The Gap(s)

The last three years are arguably the most challenging the P&C insurance model has faced, and a worrisome series of gaps has taken shape.

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Washington Bill Would Provide Restitution for Policyholders Harmed by Insurers

A bill to allow the Washington’s insurance commissioner to order restitution for policyholders harmed by insurance companies moved out of the state Senate Business, Financial Services, and Trade Co...

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How Better Water Systems Can Help a City Survive The Next Firestorm

Santa Rosa. Paradise. Boulder County. Lahaina. Los Angeles. All are places that have shown that American cities and their water systems weren’t built to withstand wildfire, experts say. Related: Ca...

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Florida OIR Wants More Data, Warns Insurers about Concurrent Causation Denials

As consumer complaints have apparently mounted over unpaid hurricane losses, Florida’s top insurance regulator and some lawmakers are signaling new scrutiny on insurance carriers’ claims-handling a...

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Berkshire Hathaway Removes Diversity and Inclusion From Annual Report

Warren Buffett’s Berkshire Hathaway on Saturday joined a growing list of American companies to publicly change their approach to discussing their commitment to diversity and inclusion. Berkshire’s ...

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EEOC Seeks to Drop Transgender Discrimination Cases

Signaling a major shift in civil rights enforcement, the federal agency that enforces workplace anti-discrimination laws has moved to dismiss six of its own cases on behalf of workers alleging gend...

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Bybit Hit by Crypto’s Worst Hack With Almost $1.5 Billion Stolen

Crypto exchange Bybit said it was hacked, resulting in what analysts estimate was the loss of almost $1.5 billion worth of tokens in the biggest theft ever committed in the industry. Researchers be...

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COVID-Like Bat Virus Discovered by Researchers in Chinese Lab

Researchers at the Wuhan Institute of Virology in China said they discovered a new coronavirus in bats that enters cells using the same gateway as the virus that causes COVID-19. This virus hasn’t ...

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EU Plans to Walk Back Key Planks of Toughest ESG Legislation

The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc a...

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The big healthcare startup buyers have left the building

While healthcare hopes for more M&A this year, investors told BI they aren't expecting many big M&A deals in the industry this year.Javier Zayas Photography/Getty ImagesThe outsize returns ...

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Snowy Roads Lead to Hundreds of Crashes in Virginia, North Carolina

NORFOLK, Va. (AP) — Roads in Virginia and North Carolina remained treacherous Thursday as unusually heavy snow led to hundreds of accidents, including crashes on an interstate that involved more th...

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Georgia Tort Bill Advances After Kemp Makes Concession on Medical Costs

ATLANTA (AP) — Georgia senators voted 33-21 on Friday to support Gov. Brian Kemp’s top-priority legislation to limit lawsuits, but not before some of Kemp’s fellow Republicans extracted a concessio...

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Florida AG Sues Target, Claiming DEI Initiatives Misled Investors

TALLAHASSEE, Fla. (AP) — Florida’s new attorney general filed a federal court lawsuit against Target on Thursday, claiming the discount store chain “misled investors” by promoting diversity, equity...

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