Live Insurance News

CancerInsuranceInfo.com is promoting skin cancer awareness

June 3, 2013March 1, 2014 Julie Campbell

This website is hoping to make a difference by sharing vital information about detection and coverage. CancerInsuranceInfo.com has just announced its latest effort in the battle against cancer, which is its current skin cancer awareness campaign, which is meant to help the site’s visitors to learn more about the signs of the disease, and to know whether or not they can benefit from supplemental cancer insurance. When it comes to illness, the best type of coverage is the form that never has to be used. That said, approximately 60,000 people…

Insurance news made with John Cleese’s article

September 26, 2012March 28, 2014 Julie Campbell

The British comedian, actor, writer, and producer has declared his love for coverage. Though insurance news isn’t rare, though it occasionally pops up in some unexpected places, and in this case, it was an article written by John Cleese, when he wrote an article entitled “Why I love insurance”, which was published in The Province. The English actor is best known for his role in the wildly popular Monty Python movies and series. The insurance news article began with a personal history from Cleese, in which he briefly described his…

Strong Earthquake Strikes Western Costa Rica

September 6, 2012 Guest Author

According to catastrophe modeling firm AIR Worldwide, at 8:42 AM local time this morning (14:42 UTC), a magnitude 7.6 earthquake struck a sparsely populated region of western Costa Rica approximately 150 km west of San José , the nation’s capital and largest city (approximate population 365,800 as of 2006). The earthquake, initially estimated at a magnitude of 7.9, struck at a depth of 40 kilometers. Though the size of the quake prompted the Pacific Tsunami Warning Center to issue a tsunami warning for Pacific coastlines of Costa Rica, Nicaragua and…

International Insurance Review released by Globalsurance

August 24, 2012August 24, 2012 S.Vagus

First annual International Insurance Review report released Globalsurance, an international insurance information organization, has announced the results of its first International Insurance Review. The report, which is to be released annually, aims to study the rate of premium inflation within the international private medical insurance (iPMI) industry. The first edition of the International Insurance Review makes use of 7,916 data points provided by eight leading companies in the international medical insurance industry over the past 5 years. Using this data, Globalsurance has determined that insurance premiums around the world are…

China to strengthen regulations for growing insurance industry

April 10, 2012April 10, 2012 Nordstrom

Major changes for China insurance industry. The insurance industry in China is growing at a rapid rate. The country recently opened up its borders to foreign insurers looking to expand into new markets and this initiative has been quite successful. As more insurance companies enter the Chinese market, however, regulators are growing concerned over their ability to comply with the country’s laws and expectations. These concerns have grown too large to ignore any longer and the China Regulatory Commission has announced that it will be strengthening the supervision of the…

Climate Prediction Center heralds the return of El Nino this year

April 9, 2012April 9, 2012 Nordstrom

Insurance industry on El Nino watch. The U.S. Climate Prediction Center (CPC), a government agency that provides weather information to the insurance industry and others, has raised concerns that El Nino may make a strong return to the Northern Hemisphere later this year. The weather phenomenon is notorious for the number of natural disasters it spawns throughout the Northern Hemisphere. El Nino brings an increase in rainfall and changes to temperature and wind patterns in some parts of the world. The CPC notes that El Nino could have a disastrous…

California earthquake insurance could be shaky if Seismic Safety Commission loses its funding

April 9, 2012April 9, 2012 Julie Campbell

California insurance market getting a shake down A 2010 ballot initiative could cause the Seismic Safety Commission in California to lose its funding before the end of 2012. The ballot initiative was designed to help to make it more difficult for government fees to be imposed on individuals and businesses. It also caused the California Legislative Analyst’s Office to decide that the proposed funding method by the governor to the Safety Commission is now unconstitutional. The analyst made the recommendation that there be a rejection by the Legislature of the…