By Nadia Lopez | Bloomberg Allstate Corp. is set to increase home insurance rates for California customers by an average of 34.1%, marking the biggest jump in premiums for a major insurer in three years as the state faces a deepening property insurance crisis. The rate hike, which will take effect from November, will affect … Read more
Cornerstone Insurance recorded nearly thrice as much as the net profit it reported in the first half of 2023 in the same period of this year as the bottom line derived a substantial boost from foreign exchange, its newly issued financial report shows. Shares in the company advanced significantly in early trading on the Nigerian … Read more
“Father Knows Best” was a popular radio show in the post-World War II era that morphed into an even more popular television series starring actor Robert Young. Young’s character, Jim Anderson, was an insurance company executive — probably the only time American mass media have positively portrayed such a figure. Young later played a … Read more
Auto insurance premiums are rapidly increasing again, putting a significant financial strain on millions of Americans nationwide. A new report from Insurify, an insurance comparison platform, reveals that the average annual cost of full-coverage auto insurance in the United States skyrocketed to $2,329 in the first half of 2024. This represents a 15 percent increase … Read more
This story was originally published by Grist and is part of State of Emergency, a series exploring how climate disasters impact voting and politics. It was published with support from the CO2 Foundation. As the one-year anniversary of the 2021 Marshall fire approached, Kyle Brown was serving as a city councilman in Louisville, a Denver suburb … Read more
The city of Denver will pay $350,000 to settle a lawsuit brought by a delivery driver who was seriously injured when a police officer crashed into him while pursuing another car on the wrong side of the road three years ago. The Denver City Council approved the settlement with Christopher Cordova and a related $40,000 … Read more
Insurers face millions of dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be canceled, though several providers will share the hit, two people involved in insurance for her tour told Reuters. Some 195,000 “Swifties” had been expected to attend the sold-out “Eras Tour” shows at the Ernst Happel Stadium, with many traveling … Read more
Zanzibar introduces new fee Authorities in Tanzania have announced that a new mandatory insurance fee will become applicable to all tourists visiting Zanzibar from 1 September. According to Travel News, Zanzibar-bound travellers will have to fork out an additional US$44 (+/-R800) per person on arrival for compulsory insurance. This fee will reportedly cover tourists for stays … Read more
TEMPE, Ariz. and MEXICO CITY, Aug. 2, 2024 /PRNewswire/ — To support the growing needs of the global supply chain management community, Institute for Supply Management® (ISM®) will expand its offerings in Mexico and Latin America as of September 2024. This will include providing supply chain skill-building courses, ISM certification preparation programs, and executive-level events. … Read more
COMMUNICATING MAJOR CHANGES The latest remarks by NTUC Enterprise justifying the sale to Allianz were useful in explaining the challenges faced by Income in recent years amid the growing competition in the business, domestically and internationally. But they did not go far enough to persuade naysayers. Income is not a struggling business in dire need … Read more
