IC chief: Insurance industry well-capitalized

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 30 Apr 2020 16:42:38 +0000

The Insurance Commission (IC) has allayed concerns that insurance companies would go bankrupt during the coronavirus disease 2019 (Covid-19) pandemic. “Insurers are well-capitalized. I don’t think that is the immediate issue,” Insurance Commissioner Dennis Funa said in a message to reporters on Wednesday night. Funa did not elaborate, but under the amended Insurance Code, existing […]

Read more

IC lauds insurers’ Covid assistance programs

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 24 Apr 2020 05:49:56 +0000

The Insurance Commission (IC) has praised the efforts of different insurance companies for extending coronavirus disease 2019 (Covid-19) pandemic-related assistance to frontliners. “The Insurance Commission welcomes the laudable programs of several insurance companies that aim to address the needs not only of their policyholders and employees, but as well the Covid-19 frontliners,” Insurance Commissioner Dennis […]

Read more

HMOs ordered to provide medical coverage to HIV patients

Credit to Author: racosta| Date: Sat, 29 Jun 2019 21:08:17 +0000

The Insurance Commission (IC) has ordered health maintenance organizations (HMOs) to provide medical coverage to those afflicted with the dreaded human immunodeficiency virus (HIV).

The post HMOs ordered to provide medical coverage to HIV patients appeared first on Inquirer News.

Read more