Supports compliant brokers for insurance sales ' 180m covered by LTC, life expectancy at 79 - Weekly industry regulatory updates

These are the updates on insurance regulatory developments in China. SAC: Backs compliant, risk-aware brokers for insurance sales licenses On July 11, the Securities Association of China(SAC) released an implementation opinion on strengthening...

Schumer: Trump, GOP leaders are 'divided' over health insurance subsidies in funding bill

Senate Democratic Leader Chuck Schumer (N.Y.) said a rift is emerging between President Trump and GOP leaders in Congress about whether to use a short-term government funding bill to prevent health insurance premiums from soaring next year because...

AM Best Affirms Performance Assessment of First Indemnity Insurance Agency, Inc.

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Performance Assessment (assessment) of PA-3 (Strong) of First Indemnity Insurance Agency, Inc. (First Indemnity) (Boston, MA). The outlook of the assessment is stable. The assessment...

Sanofi to Offer All Sanofi Insulin for $35 a Month, Regardless of Income, Insurance Type

Sanofi will offer a 30-day supply of any combination, type or quantity of their insulin for $35 to all patients with a valid prescription, regardless of income or insurance status, starting January 1, 2026, according to a recent company news...

New rules bring tiered credentials to insurance sales

China's National Financial Regulatory Administration (NFRA) has issued new rules on financial product suitability management, which will take effect from Feb 1, 2026. Under the new rules, financial institutions must classify and tier insurance...

FEMA accused of failing to adequately manage flood insurance program

Two Democratic senators are raising alarms over the future of the National Flood Insurance Program, just days before its authorization is set to expire alongside the federal budget deadline, Bloomberg writes. Sens. Elizabeth Warren of...

China raises pensions by 2% ' Inclusive insurance to exceed $128bn - Industry highlights this week

These are the highlights for events and updates across the insurance industry this week. Retirees to see 2% pension boost as silver economy expands On July 10, China's Ministry of Human Resources and Social Security(MOHRSS) and the Ministry of...

As Trump, Congress debate budget extension, Pa. health insurance costs hang in balance

Nearly half a million Pennsylvanians are on track to see their health insurance premiums double, triple, or even quintuple in price starting next year – and it remains unclear if there’s the political will in Washington to address it. The federal...

Uber’s Third-Party Insurance Requirements Under Nevada Law: A Thorough Examination

The arrival of transportation network companies (TNCs) like Uber revolutionized the face of personal transport, even in Nevada. Uber, in contrast to the conventional taxi operators and hire carriers, operates a new kind of business model where...

A Guide to Comparing Top Health Insurance Plans in 2025

As we enter 2025, insurers are providing many options of plans with new features, broader coverage, and additional benefits.In today's fast-paced world, medical emergencies can arise without warning, and when they do, they often come with heavy...

Grad student works in pain after being denied medical leave on UNC insurance plan

“In those moments, I'm in so much pain that I can't even think straight and when I got that email back, I remember calling my parents and just being like, ‘I can't even believe that there's no medical leave,” Taylor said. Taylor was covered under...

Yugoria became the insurance partner of the XXVI Tyumen Marathon "Gates of Siberia"

AK&M 29 September 2025 18:44 On September 27 and 28, 2025, one of the main sporting events of the region took place in Tyumen — the XXVI Tyumen Marathon "Gates of Siberia". This is stated in the message of Yugoria. The large-scale event was held...

Oklahoma lawmakers launch interim study on soaring homeowner insurance rates

OKLAHOMA CITY – In a show of bipartisan and bicameral cooperation, Representative Andy Fugate, D-Del City, Representative Preston Stinson, R-Edmond, and Senate Democratic Leader Julia Kirt, D-Oklahoma City, are joining forces to lead a two-part...

Derelict buildings may impact FEMA flood insurance discount on Fort Myers Beach

FORT MYERS BEACH, Fla — It’s been three years since Hurricane Ian slammed Fort Myers Beach, and destroyed homes and buildings are still scattered across the island. Fox 4’s Fort Myers Beach Community Correspondent Austin Schargorodski works in the...

Landslide protection? State to step in where insurance companies step out

(The Center Square) - Neither naturally occurring landslides nor sinkholes are new phenomena in Pennsylvania. Receiving help when they destroy homes and businesses, however, would be a welcome development for those who live in vulnerable areas....

Proposal would allow essential federal workers to receive unemployment insurance during government shutdowns

Maryland Sen. Angela Alsobrooks and Rep. Sarah Elfreth introduced the Help Federal Workers During Shutdowns Act. WASHINGTON — Maryland Sen. Angela Alsobrooks and Rep. Sarah Elfreth announced new legislation Monday that would support essential...

Jury finds 2 police officers guilty of staging truck arson for insurance scam in Maryland A federal jury has found two former police officers guiluilty of multiple charges, including conspiracy to commit wire fraud, wire fraud, arson, and bank fraud.

WASHINGTON (7News) — A federal jury has found two former police officers guilty of multiple charges, including conspiracy to commit wire fraud, wire fraud, arson, and bank fraud, according to the U.S. Attorney's Office of the District of Maryland....

How high-profile aviation disasters in 2025 could affect insurance results

iStock.com/shaunl Insurers are keeping a close eye on the number of high-profile aviation crashes this year, both globally and in Canada, which could translate into to tougher underwriting results, says Bernard McNulty, chief agent of Allianz...

China's basic medical insurance coverage remains above 95%.

After surprise setback, Baton Rouge Metro Council approves cost-cutting insurance switch

Days after a council member torpedoed the same vote, the East Baton Rouge Metro Council approved an insurance plan switch Monday that members hope will save the city-parish between $16 million to $19 million annually. Last Wednesday, Darryl...