Currently browsing category

News, Page 6

New information sheet on changes to house insurance

Insurance & Savings Ombudsman Scheme launches new Information Sheet on changes to house insurance to “sum insured”. Most house insurance policies are changing the basis of cover for new policies and at renewal. This change is from an unlimited full replacement, based on the size of the house, to a full replacement up to a maximum “sum insured”. Consumers are now responsible for estimating the …

Aeon Insurance eyes Cambodia

Aeon Insurance Service (Thailand), the insurance broker of Aeon Thana Sinsap (Thailand), will study doing business in Cambodia as part of its synergy with Aeon Group, which is constructing its first mall in Phnom Penh.

Erie Insurance to build training center, add offices (Updated: 1 p.m.)

Erie Insurance Group this year will launch a large-scale development project in downtown Erie that will lead to the construction of a new 52,000-square-foot training center and the overhaul of two historic properties, including the former Pennsylvania National Guard Armory, at East Sixth and Parade streets.

7 ridiculous myths about life insurance

You should never let insurance myths keep you from achieving your financial goals. Planning for contingencies like death and hospitalisation forms an important part of financial planning. By purchasin…        

Insurance exchanges largely a mystery

DES MOINES — State officials say they’re on track to open Iowa’s health care exchange in three months and start enrolling the first wave of Iowa’s estimated 300,000 uninsured residents in new health plans. But in the lead up to today’s deadline for companies to submit policy proposals to the state insurance commissioner, it was

Insurance commissioner urges companies to adjust to extreme weather

PASADENA – Rather than adjust to the extreme effects of climate change, many insurance companies are simply not insuring properties in low-lying coastal zones due to the threat of flooding and are canceling policies of homeowners living near hillsides that may catch fire, said insurance and government experts Friday.

Insurance agent charged with fraud

Boca Raton insurance agent used his client’s insurance payments to pay his own bills Deputies say insurance agent Kenneth Sachs had a problem: He needed $15,000 a month for expenses. And they say he solved it by ripping off his clients.