| by admin | No comments

The Insurance Industry Says It Will Be Leaving the Paris Climate Agreement

The Insurance and Insurer Businesses Association says it is leaving the Paris climate accord, citing its concerns over the economic impact and the risk of the agreement’s implementation.The American Insurance Association (AIA) released a statement Monday, saying it believes the United States is “at a critical juncture in its energy transition” and the Paris agreement […]

Read More
| by admin | No comments

How the Insurance Industry is Rewarding the Back to the Future Generation

Back in the future, a group of young adults from across the globe gathered in the heart of New York City for a weekend event dubbed the “Back to the Futurists” conference.While many attendees were dressed in the “future” fashion of a future-themed sci-fi movie, many were dressed as scientists, cosmologists, and physicists.The event, dubbed […]

Read More
| by admin | No comments

Trump administration pushes new rule on insurance industry jobs

President Donald Trump signed a sweeping new rule Friday requiring employers to offer at least a part-time worker a six-week paid vacation to get by in order to remain in compliance with federal overtime rules.The rule also requires employers to pay out-of-pocket medical costs to workers who are sick or injured during their shifts, and […]

Read More
| by admin | No comments

New insurance market updates: Insurance companies, software update

The new insurance market update by the insurance industry has raised the benchmark cost for policies, as it comes on the heels of a slew of updates that are being rolled out to the insurance market.While the new rate hikes are still only in the first week of the new year, they have caused major […]

Read More
| by admin | No comments

The ABC has interviewed the person who’s suing a leading insurance company for its alleged role in a massive scheme to cover up the cost of coronavirus coverage

ABC News has interviewed a senior insurance executive who says he was part of a team at the major insurer that helped cover up $200 million of fraudulent claims and cover-up costs for more than 1,000 people.The man is the head of the Australian Insurance Commission’s corporate fraud and breach of trust unit and has […]

Read More