Meituan, China’s largest on-demand local services provider, said its 7.45 million delivery workers drew 80 billion yuan (US$11.3 billion) in total income from the platform last year, company co-founder and chief executive Wang Xing said in an internal letter on Tuesday. About 4.5 million of those delivery workers are also covered with insurance for occupational … Read more
At a state hearing, California Insurance Commissioner Ricardo Lara defended streamlined rate hikes as essential for homeowners and homebuilders alike. Subscribe to continue reading this article. Already subscribed? To login in, click here. Originally Published: September 17, 2024 at 4:36 p.m. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of … Read more
The US Labor Department’s new proposed standard to protect retirement savers who roll over money from their 401(k)s to individual retirement accounts (IRA) is facing massive backlash from the insurance industry. The rule will ensure insurance agents transition from selling products for high commissions to recommending investments that benefit clients during rollovers. The move will … Read more
When Joelle Fraser-McGaghey had to evacuate her home during the 2016 Fort McMurray wildfire, she only had a few minutes to pack before her family had to get out the door. Trying to pull outdoor furniture away from her house was not at the top of her list. “Honestly, I’m not thinking ‘Should I remove … Read more
The travel insurance covers the expenses incurred and minimizes the risks during travel. It offers coverage in situations such as trip cancellation due to a medical emergency, loss of baggage, evacuation due to medical condition or hijack, loss of travel documents, and others. WILMINGTON, Del., Sept. 12, 2024 /PRNewswire/ — Allied Market Research published a report, … Read more
Most Colorado workers are now eligible to receive at least part of their salaries while recovering from illness or caring for a baby, but people who are new to their jobs may not have protection from firing or demotion. Colorado’s Family and Medical Leave Insurance program has paid out about $420 million on 82,000 claims … Read more
Alyse Benoit, 39, always received financial help from her late dad and 64-year-old mother, no matter the situation. Her stepdad passed away last year, and now the widowed mother ensures she has affordable housing for her kids with bills like internet and utilities taken care of. Over the years, Alyse’s mother gifted her cash and … Read more
Hotter summers in Canada that have sparked wildfires in tourist areas, intense hailstorms and thunderstorms with severe flooding in major cities, all likely linked to climate change, are leading to personnel shortages and potentially claims adjustment delays, according to insurance sector insiders. The industry depends on teams of insurance adjusters to look into claims and … Read more
Colorado voters are set to weigh in on ballot questions related to abortion rights, veterinary services, mountain lion trophy hunting and an overhaul of the state’s election system in November. The deadline to finalize the state’s ballot is coming Friday, but all of the citizen initiatives — meaning ballot questions pursued by members of the … Read more
SkyWatch launches insurance to keep senior pilots flying, in collaboration with AOPA Post this Available through SkyWatch’s user-friendly online platform, the policy provides flexible coverage options and instant quotes, ensuring that senior pilots can maintain their passion for flying without financial burden. “We are committed to supporting pilots at every stage of their flying journey,” … Read more
