Insurance News

Basic insurance rates for automobiles are dropping. The Automobile Insurance Rate Board is reducing the rates for mandatory insurance by five per cent. The reduction takes effect November 1. The price of optional coverage, like collision and comprehensive isn't included in the reduction because it is not regulated by this board.

Prudential Insurance Co. of America was sued over its handling of veterans life-insurance claims, a lawyer for the plaintiffs said. The filing couldnt immediately be confirmed in court records.

Two candidates for insurance commisioner sound off as to why they should be elected.

The health insurance industry has won a concession from the Obama administration on insurance coverage for children.

For too long, too many Americans with pre-existing conditions were left out of the health insurance marketplace. Health insurance companies could charge these Americans more or simply refuse to cover them. But thanks to the Affordable Care Act, the health care system will no longer leave out the people who need care the most. Starting September 23, the new law makes it illegal for insurance ...

Health insurance coverages and now even social stigmas are preventing many Americans from receiving the proper help for mental illnesses and services. About 20 percent of residents of California report a need for mental health services, while one in 25 report serious psychological distress, researchers found. Lead author David Grant, director of the California Health Interview Survey at the ...

One insurance expert says the way life insurance companies use retained-asset accounts is atrocious. Insurance expert Jeffrey Stempel offers his insight.

It is prohibited to provide insurance or reinsurance to the Government of Iran, anyentities incorporated in Iran or subject to its jurisdiction, or to any entities acting on behalf of or controlled by Iranian entities (for ease of reference, we call these collectively "Iran").

Health insurance costs continue to soar, making it difficult for government bodies to choose an affordable plan to cover their employees.

The life insurance industry has gained from the uncertainty over regulation of unit-linked insurance plans (Ulips), the investment-cum-insurance products, during the first quarter of the financial year.