Specialist (re)insurance broker BMS Group has entered into an agreement to acquire UK firm David Roberts & Partners (DR&P). The transaction marks BMS’s largest acquisition to date, and creates a business managing over £8 billion of gross written premiums. After completion, which is subject to regulatory approvals, DR&P and its subsidiary companies will continue to
Home » TRAVEL TECHNOLOGY NEWS » New ‘Trip.com Travel Smart’ Insurance Launched By AXA And Trip.com, Strengthening Global Partnership Monday, July 29, 2024 Reading Time: < 1 minute XA Hong Kong & Macau (AXA) and Trip.com, a leading global travel service provider, have unveiled the “Trip.com Travel Smart” (“Travel Smart”) insurance product. This exclusive offering
Australia’s top-selling electric car brand has teamed with a local insurance provider to accelerate the adoption of low-emission vehicles. Tesla announced its partnership with Zurich Australia on Monday along with plans to make insurance coverage available inside its app as it has done in some US states since 2019. The launch follows widespread criticism of
Apparently, a new Medicare regulation could soon force many seniors to switch their health insurance plans or face a substantial penalty. A great deal of seniors who continue working past the age of 65 remain on their employer’s health plan instead of transitioning to the government-run Medicare. Medicare Update Nevertheless, a recent update to Medicare
By Ana B. Ibarra, CalMatters Premiums for health insurance sold through the state’s marketplace will increase by nearly 8% in 2025, Covered California officials announced Wednesday. That’s a smaller increase than this year’s 10% hike, which was the biggest jump in Covered California insurance costs since 2018. Covered California Executive Director Jessica Altman in a
Working with data obtained from CoreLogic, New York Times researchers found that, across the United States, home insurance premiums are disproportionately high compared to home values in certain areas. Some people pay twice as much, or more, than those living in a different area that faces similar exposure to severe weather. Many states in the
Editor’s Note: This is Part 2 of a two-part series. Part 1 can be found here. The damage estimates from the CloudStrike outage are still coming in as companies ascertain their losses, however, insurer Parametrix puts the total loss assessment for Fortune 500 companies at $5.4 billion. Actual insured losses are anticipated to fall between
By Lee Liang-hui and William Hetherington / Staff reporter, with staff writer Insurance companies could face their highest number of claims since the COVID-19 pandemic, due to property damage and canceled flights caused by Typhoon Gaemi, Civil Aviation Administration (CAA) statistics showed. Nearly 400 international flights were canceled or delayed on Wednesday and Thursday last
(Bloomberg) — In Kansas, where a prolonged drought has killed crops and eroded the soil, Gail Fuller’s farm is like an oasis. Sheep, cows and chickens graze freely on crops and vegetation in a paradisiacal mess. Most Read from Bloomberg But if Fuller’s farm were to be hit by a tornado or flood, or be
After a well-documented breast cancer journey that lasted nearly a decade, actress Shannen Doherty — best known for her role as Brenda Walsh on the Fox teen drama Beverly Hills, 90210 — died from the cancer on July 13, at age 53. Her publicist shared the news. Doherty, who revealed her diagnosis in 2015, had