Republican Extremism Could Be Major Threat To Home Insurance

Credit to Author: Zachary Shahan| Date: Wed, 07 Jun 2023 18:27:46 +0000

The insurance industry survives and thrives on two things: its ability to quantify risk and then its ability to profit on it. Whether talking about home insurance, car insurance, life insurance, or some other kind of insurance, the first step is to do the math of how likely it is that certain destruction will occur […]

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NOAA & NSF Researching Insurance Industry’s Climate Needs — New Research Center

Credit to Author: Guest Contributor| Date: Wed, 17 May 2023 14:40:49 +0000

Whether you own a home, a business, or other assets, insurance is an important part of any budgetary calculation involving protection of property. While the insurance and reinsurance sector are at the forefront of translating weather and climate information into financial and societal risks, the industry’s focus has been on use of catastrophe models rather […]

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NHMFC, eight insurers flagged over MRI deals

Credit to Author: Jordeene B. Lagare| Date: Tue, 04 Feb 2020 15:00:29 +0000

THE Philippine Competition Commission (PCC) on Tuesday raised anticompetition concerns over the imposition of exclusive life insurance by the National Home Mortgage Finance Corp. (NHMFC) and several insurance companies on their account holders. In a statement, the antitrust agency said its Enforcement Office charged the NHMFC and eight insurers for signing agreements on providing mortgage redemption […]

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AIA Philam Life to turn subsidiary into trust corporation

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 20 Nov 2019 11:00:10 +0000

INSURANCE company AIA Philam Life is set to turn its subsidiary into a trust corporation (TC) as it continues to innovate the way it conducts its business to provide customers with the right solutions to meet their individual protection and wellness needs. In a statement on Tuesday night, AIA Philam Life said the unit, Philam […]

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