insurers
Outbreak’s Global Cost May Top $4T; Auto Insurers Get Break
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus. ____________ CRASH COSTS CRASHING: One of France’s largest auto insurers says costs are crashing as tens of millions of drivers …
The Health 202: Health insurers score points with Trump administration by promising free coronavirus care
THE PROGNOSIS Health insurers spent the last year under a harsh spotlight, as Congress sought to prevent the surprise medical bills these companies and medical providers often slap on American patients. As coronavirus spreads quickly across the U.S., these companies see a chance to score some points with the public — and the Trump administration. …
BUZZ-U.S. STOCKS ON THE MOVE-Beyond Meat, health insurers, Nike, vaccine makers
Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh Wall Street’s main indexes fell more than 1% on Monday as investors worried about the economic fallout of a virus outbreak in China that has prompted the country to extend the Lunar New Year holidays and …
Car insurance UK: Prices could fall as insurers say telematics could change the industry
The new technology would be able to accurately determine a driver’s road risk and change their plan based on real-world factors. Many young motorists have cut their car insurance bill by adding telematics black boxes to their vehicles which can track how a car is driven, at what times and average speeds. The technology has helped …
Private health insurers say cost of medical devices putting pressure on premiums | Australia news
At a presentation to the Actuaries Institute conference in Melbourne on Wednesday afternoon, the Private Healthcare Australia chairman, John Hill, will say insurers find it challenging not to pass on the rising costs of medical devices through premium increases. In December, the health minister, Greg Hunt, boasted that the government’s reforms to make private health …
Why emerging automotive safety technology could cost insurers billions
With new automated driving features being released on a rolling basis, insurers said it is difficult to keep up. Forward collision warning with automatic braking has been found to have one of the greatest safety benefits among various driver assistance systems. The Insurance Institute for Highway Safety concluded in a recent study that automatic braking …
Australia’s biggest private health insurers illegally rejected thousands of claims | Australia news
The nation’s biggest health insurers illegally rejected the claims of thousands of sick or injured Australians over seven years, leaked documents show. A government whistleblower who investigated their conduct has also revealed how his efforts were frustrated by years of inaction, failures to fully alert the public, intervention from his superiors, and suspicions that the …
