Stay updated with breaking news from Insurance Code. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Allianz, the world’s largest insurance company, will pay out $1.5 million in damages, including approximately $800,000 to Washington residents whose claims it denied based on discriminatory policies, following a lawsuit
(January 2024) - In City of Whittier v. Everest National Ins. Co., 97 Cal.App.5th 895 (December 6, 2023), the California Second District Court of Appeal reversed...
THE Insurance Commission (IC) and the state-owned Philippine Postal Corp. (PHLPost) unveiled the commemorative stamp and official first day cover in celebration of the 75th Anniversary of the Insurance Commission (IC) last January 24 to highlight this year’s theme: “Serving with Integrity and Commitment: 75 years of Public Trust.” Established…
COMPLAINTS against Mutual Benefit Associations (MBAs) and Health Maintenance Organizations (HMOs) by the insuring public increased last year, data provided by the Insurance Commission (IC) revealed. Based on the IC’s latest data, complaints against MBAs rose by 178.26 percent with a total of 64 complaints in 2023 compared to 23…
A&B Abstract: Under New Mexico’s Insurance Code, it has been a long-standing requirement that lenders may not condition a loan of money on the procurement of insurance from any...