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???1 crore fine penalty: Why did IRDAI penalise Canara HSBC for mis-selling insurance to an 88-year old? What went wrong
1+ day, 14+ hour ago (407+ words) The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore penalty on Canara HSBC Life Insurance Company Limited over mis-selling of a life insurance policy to an 88-year-old customer, according to a Moneycontrol report. The regulatory proceedings…...
Washington approves 22.2% health insurance increase
2+ day, 6+ hour ago (36+ words) FOX 13 Seattle Washington residents buying individual health plans will face a 22.2% rate increase next year after the state insurance commissioner approved the biggest hike in nearly a decade....
Canara HSBC Life Insurance penalised ₹1 crore by IRDAI for policyholder regulation breaches · Business Upturn
2+ day, 13+ hour ago (289+ words) Canara HSBC Life Insurance Company Limited has been penalised ₹1 crore by the Insurance Regulatory and Development Authority of India (IRDAI) following an investigation into alleged misselling of a policy. The penalty forms part of an Order dated 10th September 2026, as revealed…...
Mercury Insurance Named One of America's Greatest Companies for 2026 by Newsweek
2+ day, 16+ hour ago (203+ words) Sep 10, 2026, 09:06 ET LOS ANGELES, Sept. 10, 2026 /PRNewswire/ -- Mercury Insurance (NYSE/NYSE TX: MCY) has been named one of America's Greatest Companies 2026 by Newsweek, earning a four-star rating in a nationwide evaluation of leading U.S. companies based on financial leadership, innovation, performance as…...
Way Cleared for Latent Defects Insurance on NSW Apartments
3+ day, 19+ hour ago (429+ words) The NSW Government has passed the Fair Trading and Building Legislation Amendment Bill, laying the final legislative groundwork for Latent Defects Insurance (LDI), to be brought to market for apartment developments across the state. This is a significant milestone for the…...
Insurers Seek IRDAI Nod to Aggregate Equity Derivative Limits for Hedging
5+ day, 4+ hour ago (261+ words) Whalesbook Indian life and general insurance companies are currently in discussions with the Insurance Regulatory and Development Authority of India (IRDAI) to seek greater flexibility in how they use equity derivatives for portfolio hedging The industry's primary request is to…...
This IIHS Top Safety Pick Winner May Also Cost The Most To Insure
6+ day, 7+ hour ago (610+ words) Jalopnik This IIHS Top Safety Pick Winner May Also Cost The Most To Insure Let's start by separating the what from the why. The top safety pick in question is the Tesla Model 3. The Insurance Institute for Highway Safety (IIHS)…...
New York health premiums climb despite state pushback on insurers
1+ week, 1+ day ago (41+ words) Crain's New York New York health premiums climb despite state pushback on insurers The nine-story office tower at 1 St. Mark's Place is the latest sign of change for the block....
Medigap Underwriters Don't Take Your Word on the Health Questions. They Pull Your Pharmacy Records, and the Prescription Answers for You.
1+ week, 1+ day ago (610+ words) She answered no to the blood thinner question and believed it. The insurer believed her pharmacy records instead, and those records remembered something she had long since forgotten. The Full Benefits Desk desk. Editor: Gerelyn Terzo. This post may contain…...
Does Homeowners Insurance Cover Termite Damage?
1+ mon, 6+ day ago (746+ words) Top Auto Insurance Companies Top Home Insurance Companies Top Life Insurance Companies Top Renters Insurance Companies Top Pet Insurance Companies Top Small Business Insurance Companies Top RV Insurance Companies Advertising disclosure: When you use our links to explore or buy…...