insurance

akinbostanci Some 398 global natural disaster events caused a $380B economic loss in 2023, up from the $355B loss in 2022 and 22% above the 21st-century average, insurance broker Aon (NYSE:AON) reported this past week. The biggest loss…

Garret Gray sort of laughs when he tells Fortune about how his house in a Los Angeles canyon was nearly uninsurable. Surrounded by brush, “it’s got a really bad CoreLogic fire score,” he says. And he should know: As the president of…

Companies Britam, Swiss Re pay out Sh14m in flood insurance claims Friday December 15 2023 Britam Towers. FILE PHOTO | NMG Some 300 households affected by floods in Madogo Ward, Tana River County have received Sh14.1million from…

(Bloomberg) -- Cigna Group and Humana Inc. are in talks about a potential cash and stock combination to create another giant of the health insurance industry, people familiar with the matter said.Most Read from BloombergThe timing and…

Jeremy Hunt has announced that he is cutting national insurance for more than 27 million people by two percentage points in a move that will save people more than £450. The chancellor said that he would reduce the main rate of employee…

Private medical insurance is booming: unprecedented waiting lists for treatment in the UK’s strained NHS and a crisis in primary care have driven demand to its highest in years. But the surge in demand is storing up problems for health…

The allure of sunshine, low taxes and low housing prices have been attracting people to Florida for decades, but high insurance premiums are beginning to reverse the trend. The U.S. Census Bureau shows that nearly 276,000 people left…

Breadcrumb Trail LinksPMN Business(Bloomberg) -- A change in how the government estimates health insurance costs is expected to give a slight boost to a popular US inflation measure, reversing a trend that had been providing some relief in…

The United States has a big and complicated insurance system that plays an important role in protecting individuals and businesses against a variety of dangers. However, whether the system is fundamentally dysfunctional has been a source of…

© Reuters. FILE PHOTO: People who were evacuated from Israel, board a bus after arriving at the Larnaca International Airport, in Larnaca, Cyprus, October 11, 2023. REUTERS/Yiannis Kourtoglou/File Photo By Steven Scheer, Michael Kahn…