Insurance News, Articles & Standpoints

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Insurance Solvency: Ratio & Methods to Determine

With over 92% of Americans having health insurance and almost everyone having at least one type of insurance from one of the 6,000 insurance companies, it is clear that the choice of your insurer is crucial. The range of carriers is staggering, making selection a nightmare for those unprepared. Whether you are seeking life insurance, […]

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TDI Applications Skyrocket Along With COVID Cases in Rhode Island

The ever-increasing number of people are pushed into quarantine as the notorious pandemic strikes with just as much force as in December 2020. With about 1,200 new cases a week – as the number keeps rising – applications for Temporary Disability Insurance are piling up as well. According to the director of the R.I. Department […]

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An Unprecedented Surge in Liability Insurance in Virginia: from $25,000 to $30,000 And Beyond

As the Department of Motor Vehicles of Richmond informs, the recently passed bill SB 1182 significantly increases the liability insurance coverage requirements in 2022 and further, doubling the required injury or death coverage for policies effective on January 1, 2025, and bringing more important changes. The update will come into force on January 1, 2020, […]

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Over 225,000 North Carolinians Can Now Get an ACA Subsidy

With over 92% of Americans possessing a health insurance plan from public or private insurance companies, the question of subsidies has always been burning if not painful. In 2021, though, substantial changes were made to allow more Americans to subsidize their ACA health insurance plans. The recent changes made more Americans eligible for subsidies. The […]

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The Number of ACA-Insured Americans Skyrockets to 4.6 Million As The Online Insurance Marketplace Works Smoothly

Being one of the most burning topics among Americans, health insurance is prioritized by the vast majority of people, 92% of whom are covered by either public – Medicare or Medicaid – or private insurance companies. The current year, though, has witnessed a surge in the number of people buying insurance through the Affordable Care […]

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Yet Another Company Loses Insurance-Related Lawsuit: Goodwill Industries vs. Philadelphia Indemnity Insurance

Being one of the most burning topics among Americans, health insurance is prioritized by the vast majority of people, 92% of whom are covered by either public – Medicare or Medicaid – or private insurance companies.

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Greg Alcazar Is Now The New CFO of The U.S. Department of the Canopius Group

Headquartered from Jersey and operating all over the world – the United States, the United Kingdom, Australia, Singapore, Bermuda, and China being the main domains – the renowned reinsurer, Canopius Group, appointed Greg Alcazar as the new CFO of the U.S. operations, which became the latest change in the leadership of Canopius, following the appointment of Kate Roy as the new COO in October 2021.

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Insurance Risk Reduction Explained

Risk reduction – also known as loss mitigation – allows organizations and individuals to effectively manage the risk of loss they inevitably encounter as they operate in their industry.

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Get a limited offer from Phonexa ahead of InsurTech 2021!

One of the world’s largest insurtech events is coming back… Welcome ITC conference in October 2021! What is InsureTech Connect 21? InsureTech Connect 21 is a unique meeting+conference, bringing together everyone involved in the insurance industry. More than 30,000 insurance leaders and innovators, entrepreneurs and investors looking to reshape the industry will gather at the […]

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Insurance Twisting, Churning, and Sliding: How to Not Let Cunning Agents Twist You Around

Insurance twisting is when an insurance agent intentionally convinces you to switch to an allegedly better insurance policy, although it would only benefit one party – the agent. Simply put, you are deliberately tricked into buying insurance policies that you don’t need.

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