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May 5, 2022
The United States continues to face a behavioral health crisis that has worsened due to the COVID-19 pandemic. In 2021, nearly 40% of adults reported symptoms of depression or anxiety,...
April 11, 2022
After Pantaleoni delivered the annuity, Williams decided he did not want it and returned it to NWL during a 30-day free look period.
April 9, 2022
SYDNEY, Australia, April 9-- The Insurance Council of Australia issued the following news release:. The Insurance Council of Australia today welcomed the appointment by the Federal Government of Catherine Fitzpatrick as Australia's first Domestic, Family and Sexual Violence Commissioner. Catherine's work in this area has led to her appointment to several...
April 1, 2022
FINANCE Secretary Carlos G. Dominguez III has thumbed down a proposed Senate bill seeking to cap the minimum net worth requirement of insurance players at P900 million instead of jacking it up to P1.3 billion by the end of this year. Speaking on the sidelines of the 73rd Insurance Commission anniversary…
April 1, 2022
The Department of Finance is opposing a legislative proposal canceling the capital buildup for life and non-life insurance providers to P1.3 billion within the year.
March 16, 2022
The South Carolina Legislature is considering adding a provision to the Insurance Code providing that rescission can occur only if either: there is a mutual rescission agreement executed by all parties, or the insurer initiates a court proceeding for rescission.
March 16, 2022
Changes may be on the horizon in South Carolina for the procedure for life insurers seeking to rescind policies based on material misrepresentations in the application. The South...
March 16, 2022
Changes may be on the horizon in South Carolina for the procedure for life insurers seeking to rescind policies based on material misrepresentations…
March 15, 2022
The South Carolina Legislature is considering adding a provision to the Insurance Code providing that rescission can occur only if either: there is a mutual rescission agreement executed by all parties, or the insurer initiates a court proceeding for rescission.
March 3, 2022
The Insurance Commission (IC) has placed another pre-need firm under conservatorship due to trust fund deficiencies, the Department of Finance (DOF) said on Thursday, March 3. In a statement released by the DOF, the IC said the agency ordered Eternal Plans Inc. (EPI) to be placed under conservat