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Policyholder


A third federal appeals court has ruled against a policyholder seeking business interruption coverage for lost income due to the coronavirus pandemic. A panel from the 6th Circuit Court of Appeals, in a released ruling released Wednesday, upheld a district court ruling that found government orders forcing a restaurant to shut down its dining hall …

Are you considering whether to include the offer of a wellness program as part of a long-term care insurance policy? Your homework should include reviewing what is happening at the legislative and regulatory and NAIC levels. LTCI and RBO – Background As state insurance regulators continue to analyze the health of the long-term care insurance …

Chairs sit on tables at a closed restaurant in Columbus, Ohio, USA, May 1, 2020. REUTERS / Megan Jelinger Summary Law firms Related documents Continuation of the winning streak on appeal for insurers Ohio restaurant said “loss” of property included loss of use The company and law firm names shown above are generated automatically based …

Did you know that the country’s national savings rate rose from 14.2% in December 2020 to 18% in the first quarter of this year – the highest since 2010? According to the South African Reserve Bank, this reflects household spending patterns amid the uncertainty surrounding the Covid-19 pandemic. Hennie Blignaut, account manager at payment platform …

But this was not true in all areas. Young participants in particular expressed interest in policies in which driver use or behavior is taken into account in the risk assessment. They also tend to be more drawn to a streamlined user experience, whether it’s online or on their phone. “As digital natives, it’s our bread …

FILE – In this file photo from December 3, 2018, a vehicle rests in front of a house leveled by Camp Fire in Paradise, Calif. Homeowners and renters in 22 northern California counties are guaranteed not to lose their property insurance policies over the next year after the state announced a moratorium on Monday, September …

Toronto, ON, Sept. 20, 2021 (GLOBE NEWSWIRE) – On September 10, 2021, the Ontario Superior Court of Justice cleared a $ 300 million Canada-wide class action lawsuit against Aviva Insurance Company of Canada (“Aviva On behalf of policyholders who have suffered business interruption due to COVID-19. Each of the representative applicants Nordik Windows Inc. and …

Ebere NwojiThe global economic crisis thought to have abated but which is still hitting many economies, including Nigeria, is currently affecting the willingness of insurers to pay claims as well as the way they operate.Development crosses the insurance markets in different climates. The situation, revealed by THISDAY’s audits, has created friction between insurers and insurance …

Non-Resident Indians (NRIs) and People of Indian Origin (PIO) can also purchase these policies in India. Vinay Taluja, Product Manager, Bajaj Capital, said: “The Foreign Exchange Management Act has enabled NRIs and PIOs to obtain term insurance in India. In addition, an NRI does not need to be present in India when purchasing term insurance. …

Dr Justice Ofori, Insurance Commissioner of the National Insurance Commission (NIC), advised insurance companies to be loyal to their customers in order to keep them for their growth. He said that globally, with Ghana being inclusive, insurers face an increasing challenge in retaining customers due to the similarity of most insurance products. The Commissioner, in …