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Indian Culture Legitimizes celebrations with melodies, Suresh Bhanushali, Photofit Music

Photofit Music – Suresh Bhanushali, Photofit Music – India is the “Place that is known for Celebrations”. The rich and energetic celebrations of India are a declaration to our different practices and culture. We as Indians are genuinely associated with event and we love to praise all of all it. We celebrate celebrations regardless of religion or rank in our nation, bringing individuals closer and…

Sure, you have home insurance. But do you have enough?

Even though many luxury homeowners have access to experts—attorneys, financial planners, insurance agents, risk managers—many are actually underinsured. Take flood insurance, for example. A survey released in 2017 by the Insurance Information Institute, an industry trade group, found that nearly half of all American homeowners mistakenly believe that their homeowner insurance policy will cover…

Ian to firm up property rates; insurers positioned to absorb losses: S&P

Hurricane Ian is likely to be a significant loss event for the U.S. property/casualty and global reinsurance sectors and is expected to accelerate the firming of property rates in 2023, Standard & Poor’s Global Ratings said in a note Friday. However, insurers are well-positioned to absorb losses, and losses for global reinsurers should remain within annual catastrophe budgets, S&P said. Insured…

Military contractor must prove worker was employee to avoid suit

An appeals court in Texas on Wednesday ruled that a military contractor must prove a worker was an employee to avoid a “substantial jury award” over negligence stemming from a workplace accident in 2016. Addison, Texas-based King Aerospace, hired by the U.S. Army to maintain aircraft, was sued by Jorge Hernandez, who fell from a ladder while painting the wing of a plane and was seriously injured.…

Karen Clark pegs Hurricane Ian losses at $63 billion

Boston-based catastrophe modeler Karen Clark & Co. said Friday insured losses from Hurricane Ian in the U.S. and the Caribbean will be close to $63 billion. In nominal dollars, Hurricane Ian will be the largest hurricane loss in Florida history, KCC said. Total economic damage will be well over $100 billion, including uninsured properties, damage to infrastructure, and other cleanup and recovery…

FintechOS powers Admiral’s digital pet insurance product

FintechOS platform simplifies third-party integrations and enables data-driven personalization London, 28 September 2022 – FintechOS, the global leader in high-productivity fintech infrastructure (HPFI), today announced that the FintechOS platform is powering top UK insurance provider Admiral’s new digital pet insurance product. The FintechOS platform – with its composable core blocks, low…

This insurance company pays annual bonus of over ₹860 crore to policyholders. See details

TATA AIA Life on Tuesday announced a record annual bonus of ₹861 crore for its policyholders for the financial year 2021-22. According to the company, it is its fifth consecutive annual bonus for its policyholders. The FY22 bonuses have exceeded the bonus paid in FY2021 by 20%, Tata AIA Life said in a statement. “Tata AIA Life Insurance Co. Ltd. (Tata AIA), one of the fastest-growing private…

Ian reconstruction cost value estimated at $253B: CoreLogic

Data and analytics company CoreLogic Inc. said Tuesday that its data analysis shows 1,044,412 single-family and multifamily homes along the Florida gulf coast with a reconstruction cost value of approximately $258.3 billion are at potential risk of storm surge damage from Hurricane Ian. The projections assume Hurricane Ian makes landfall as a Category 4 hurricane and are based on the Sept. 26,…

CDC revises mask guidance for health care workers

The U.S. Centers for Disease Control and Prevention has revised its guidelines to say that universal masking in health care settings may not be required if community transmission levels of COVID-19 are low. The new guidelines also state that health care professionals “could choose not to wear” masks “when they are in well-defined areas that are restricted from patient access,” such as staff…

Popular Dutch musician making waves for Sony

Lawyers for Dutch musician Mr. Probz, known for his 2013-14 hit “Waves,” said on Tuesday they have filed a claim worth more than $9.66 million against Sony in Amsterdam over royalties the artist argues Sony fraudulently withheld, according to Reuters. Mr. Probz, whose real name is Dennis Stehr, argues that Sony deducted administration and distribution fees from his royalties as they were passed…

Allianz Ireland’s New ‘We Cover Courage’ Campaign Recreates Minister Donogh O’Malley’s Free Education Announcement

New Multi Million Euro Campaign to recognise key courageous moments in Irish history which changed society First commercial to recreate Minister Donogh O’Malley’s Moment of Courage in announcing free education in September 1966 Ad created by In the Company of Huskies features the actor Daragh O’Malley playing the role of his father delivering his father’s famous speech – see the full speech…

LIC registers more than twofold jump in new premium income in July

India’s largest life insurer, LIC has registered a more than twofold jump in new business premium income to ₹29,116.68 crore in July this year. Last year, Life Insurance Corporation registered ₹12,030.93 crore of income in July, data by Irdai showed. LIC commands a 68.6% share in the life insurance market. The Insurance Regulatory and Development Authority (Irdai) on Tuesday released data on the…

Drop in medical reviews in California continued in first half

The California Workers’ Compensation Institute reported that after hitting a new low in 2021 the volume of independent medical review decision letters continued to decline through the first half of this year. S.B. 863 in 2013 created the administrative IMR process to resolve disputes over treatment requests without involving judges. Lawmakers anticipated that IMR volume would decline as providers…

Business Insurance names diversity and inclusion award winner

Ngozi Nnaji, founder and managing partner of AKO Insurance Consulting LLC, is the winner of the 2022 Alonzo Herndon Award. The award, which is presented by Business Insurance’s Diversity and Inclusion Institute, recognizes an individual dedicated to supporting diversity and inclusion efforts in the insurance industry. Board members of the D&I Institute select the award winner from nominations…

BitSight Unveils Faster, More Efficient Way for Insurers to Evaluate Cyber Risk

New Capability Allows Insurers to Confidently Underwrite Coverage for Millions of Small and Medium-Sized Businesses LONDON, UK — 19th March, 2019 — BitSight, the Standard in Security Ratings, today announced the availability of a new capability for insurers that delivers accurate, trusted security performance information on millions of small- and medium-sized insurance applicants in just seconds,…

How to get a wellness discount on health insurance

Chetan and his wife recently got a 100% return of premium on their family floater health policy. And it was not much of an effort either. All they did was complete 10,000 steps a day for over 300 days in a year. Launched in 2021, Aditya Birla’s Activ Health Platinum Enhanced Program waives the entire premium at the time of renewal if you maintain your fitness. Chetan is among those 1,000…

Environmental lab faces $907k in fines related to carcinogen

The U.S. Occupational Safety and Health Administration on Friday announced it has cited Manchester, Connecticut-based Phoenix Environmental Laboratories Inc. for allegedly exposing employees to a carcinogen. OSHA cited the lab for six willful violations, 10 serious violations and one other than serious violation and proposed a total of $907,253 in penalties. The company has 15 days to contest the…