Legislation and Politics

8+ hour, 39+ min ago   (706+ words) Of the 85 recommendations put to Australia's life insurers by the independent review of the Life Insurance Code of Practice (Life Code), only one was neither accepted nor deferred. It asked the industry to review whether the Code should carry a…...

1+ day, 21+ hour ago   (66+ words) news.bloombergtax.com The IRS is reconsidering regulations that dictate how consolidated groups containing both life and nonlife insurance companies file their tax returns.Bailey Anne Timmons, an attorney at the IRS’s associate chief counsel (corporate) office, said the agency…...

3+ day, 8+ hour ago   (766+ words) A term life policy bought to protect the kids can quietly push an otherwise middle-class Oregon estate past the state's tax threshold, and the dollar amounts involved will surprise you. Tax Master desk. Editor: Vilma Rios. At the national average…...

1+ week, 1+ day ago   (363+ words) Motorists will see a drop in their premium from January 2027. A win for millions of consumers has been announced as the 'Quinn levy' on home and motor insurance has been slashed. Customers will see a reduction in their premiums as…...

1+ week, 2+ day ago   (359+ words) India’s insurance sector, the tenth largest globally, has been plagued by low penetration, inordinately high payouts to distributors, mis-selling of policies and poor persistency ratios. The Sabka Bima Sabki Raksha Act, 2025, seeks to introduce reforms, while expanding coverage. The Insurance…...

1+ week, 5+ day ago   (366+ words) Learning about property insurance can quickly become overwhelming. To help clarify what you are reading, here are the meanings of a few terms that appear in “Uncovered”, a joint investigation of the South Florida Sun Sentinel and Orlando Sentinel. Affiliates…...

1+ week, 5+ day ago   (552+ words) The latest update from Everywhen; When a property owner passes away, the existing home insurance policy doesn’t suddenly become void but according to insurance experts, Everywhen, because the circumstances surrounding the property have changed, the policy will need to be…...

1+ week, 6+ day ago   (80+ words) To determine adequate coverage, families must evaluate how much financial backing is necessary if the primary breadwinner's income vanishes. Consider a 35-year-old earning ₹12 lakh a year with a ₹50 lakh home loan. While a 10x calculation suggests a ₹1.2 crore policy, factoring in…...

2+ week, 1+ day ago   (537+ words) Their humorous commercials have propelled a handful of car insurance companies to the top of their industry -- but in an ironic twist, they rank among the lowest in customer satisfaction, according to Consumer Reports. Everybody knows them from their commercials…...