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Consultation open on Saudi Arabia new insurance laws

Consultation open on Saudi Arabia new insurance laws

Captive insurance executives will be looking closely at the details of a much-anticipated new draft Insurance Law, which has been unveiled by the Insurance Authority (IA) in the Kingdom of Saudi Arabia. The draft law will be open to public...

Nationwide purchases Allstate Stop Loss for $1.25B; Munich Re acquires Next: Insurance news

Nationwide purchases Allstate Stop Loss for $1.25B; Munich Re acquires Next: Insurance news

Enjoy complimentary access to top ideas and insights — selected by our editors. The following summaries are written by the Digital Insurance editorial staff. Digital Insurance reviews a high volume of news leads every week for this and other...

AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats

AM Best maintains stable outlook for global cyber insurance in 2025 amid growth, AI, and rising threats

AM Best, the credit rating agency, has reaffirmed a Stable outlook for the global cyber insurance market heading into 2025, underscoring a combination of factors that will influence the sector’s performance in the coming years. Despite a moderate...

J&K Govt constitutes UT-Level Insurance Committee to enhance coverage

J&K Govt constitutes UT-Level Insurance Committee to enhance coverage

Srinagar, July 9: The Government of Jammu and Kashmir has constituted a Union Territory Level Insurance Committee (UTLIC) to monitor and supervise the implementation of the UT Insurance Plan, aiming to enhance insurance awareness and penetration...

Montana state auditor issues moratorium on wildfire-related insurance cancellations

Montana state auditor issues moratorium on wildfire-related insurance cancellations

Montana State Auditor James Brown issued an advisory moratorium calling on insurance companies not to cancel policies or refuse renewal for homeowners with perceived wildfire risk unless it's justified. Brown says he made the announcement after...

State Farm to raise Illinois homeowners insurance rates by 27.2% in August

State Farm to raise Illinois homeowners insurance rates by 27.2% in August

As Texas grapples with the massive flooding that struck Hill Country and killed at least 119 people during the July Fourth weekend, many Illinois homeowners will soon see their home insurance rates skyrocket due to the increase in such extreme...

Hundreds of drivers in South Simcoe have been caught without insurance this year

Hundreds of drivers in South Simcoe have been caught without insurance this year

South Simcoe Police have laid 276 charges related to operating a motor vehicle without valid insurance in the first half of the year. Officers also issued three additional charges for providing false proof of insurance. These offences, laid under...

Officials will hold Q&A on new flood insurance requirements

Officials will hold Q&A on new flood insurance requirements

Stay informed with The Ithaca Voice! Get our top stories delivered right to your inbox at 5 a.m. weekdays. The Ithaca Voice will never – ever – sell your personal information. ITHACA, N.Y. — New federal flood insurance maps went into effect last...

Legal Jargon: El Paso lawyer warns against settling insurance claims over the phone

Legal Jargon: El Paso lawyer warns against settling insurance claims over the phone

El Paso, TX (KFOX14/CBS4) — Daniela Labinoti, a local lawyer, is advising residents to exercise caution when dealing with insurance agencies, particularly in the aftermath of an accident. "My advice is not to ever speak to an adjuster without...

Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe

Hungenberg joins Sompo as Head of Strategy Insurance – Continental Europe

Emilie Hungenberg has joined Sompo, a provider of commercial and consumer property and casualty re/insurance, as Head of Strategy Insurance – Continental Europe. Commenting on her appointment, Hungenberg said:“I’m excited to contribute to Sompo’s...

Sam’s Club launches pharmacy and insurance plan for pets

Sam’s Club launches pharmacy and insurance plan for pets

Sam's Club is teaming up with Spot Pet Insurance. Sam’s Club is introducing new healthcare services aimed at pets and their owners. The warehouse club retailer, a division of Walmart, is partnering with Spot Pet Insurance to provide integrated...

Kenney Blasts Insurance Commissioner; Seeks Probe of Berlin Murder/Suicide

Kenney Blasts Insurance Commissioner; Seeks Probe of Berlin Murder/Suicide

By PAULA TRACY, InDepthNH.org BRETTON WOODS – For the second time the council voted down the hiring of an Insurance Fraud Director, mainly on the basis of the starting salary, at an Executive Council meeting Wednesday at the Omni Mount Washington...

Owings Mills couple sentenced in $20 million life insurance fraud scheme

Owings Mills couple sentenced in $20 million life insurance fraud scheme

An Owings Mills couple has been sentenced for their involvement in a $20 million insurance fraud scheme, according to the U.S. Attorney's office for the District of Maryland. William Wilson Jr., 78, and Maureen Ann Wilson, 77, conspired to defraud...

Public-Private Collaboration Marks New Phase for El Salvador’s Insurance Sector.

Public-Private Collaboration Marks New Phase for El Salvador’s Insurance Sector.

El Salvador reaffirmed its commitment to strengthening El Salvador’s insurance sector during the 55th anniversary celebration of the Salvadoran Association of Insurance Companies (ASES). The event was attended by Tourism Minister Morena Valdez and...

SIX MONTHS IN: REIGNITE THE CONVERSATION ABOUT LIFE INSURANCE

SIX MONTHS IN: REIGNITE THE CONVERSATION ABOUT LIFE INSURANCE

July isn’t a traditional milestone on the financial calendar—but it can become a powerful one. For financial advisers, the halfway point of the year presents a clear opportunity to re-engage customers, reframe how they think about life insurance,...

Kansas Insurance Commissioner Schmidt Announces Run for Governor

Kansas Insurance Commissioner Schmidt Announces Run for Governor

Kansas Insurance Commissioner Vicki Schmidt announced her bid to run for Governor of Kansas in 2026. Schmidt, a lifelong Republican, began her career as a pharmacist after graduating from the University of Kansas. She has worked for over 40 years...

DHTA reports new talk series, health insurance for members, partnership with DCFH

DHTA reports new talk series, health insurance for members, partnership with DCFH

Dominica News Online - Wednesday, July 9th, 2025 at 4:08 PM Photo: DHTAThe launch of a new health insurance benefit, the expansion of membership and sponsorship base, a notable public-private partnership, and the recap of its latest ACTalks...

Sam’s Club Adds Pharmacy Program, Insurance Discount for Pets

Sam’s Club Adds Pharmacy Program, Insurance Discount for Pets

Sam's Club is bringing a special program for pets to its pharmacy offerings. Sam's Club is partnering with Spot Pet Insurance to roll out an integrated pharmacy program and insurance plan discounts for its members. The program was designed by both...

Key features of a health insurance member portal

Key features of a health insurance member portal

Member portals with self-service features are critical for health insurance plans working to improve member experience and respond to trends of healthcare consumerism. The technology, adopted by major commercial healthcare payers as well as...

Reimbursement of professional insurance premiums — tax considerations

Reimbursement of professional insurance premiums — tax considerations

By Jonathan Éthier ( July 9, 2025, 3:50 PM EDT) -- Members of professional orders are required to pay membership dues in order to maintain their reserved titles and may also pay for professional liability insurance. Various tax consequences may...

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