Insurers Adapt to Escalating Climate-Driven Hazards: As climate change continues to accelerate, the insurance industry finds itself at a critical juncture. With rising sea levels, intensifying hurricanes, unprecedented wildfires, and extreme weather events becoming more frequent, insurers are rapidly adapting to a new era of climate-driven risks. This evolution is reshaping the way insurance companies…
Loss of Automatic Reenrollment Causes Drop in Health Insurance Coverage: A recent study published in JAMA Health Forum by researchers from the University of Pittsburgh, University of South Carolina, and Emory University reveals a concerning trend: the removal of automatic reenrollment for zero-premium health insurance plans has led to a significant decline in coverage among…
Tamil Nadu Government Extends New Health Insurance: In a significant move to ensure continued healthcare protection for its workforce, the Tamil Nadu government has extended the New Health Insurance Scheme (NHIS), 2021 by another year. Initially set to expire on June 30, 2025, the scheme will now remain in force till June 30, 2026, offering…
How NRIs Can Benefit from Buying: For Non-Resident Indians (NRIs), safeguarding the health and financial well-being of their loved ones back in India is a top priority. With rising healthcare costs globally and increasing lifestyle-related health risks, having a robust health and term insurance policy is not just a necessity but a financial strategy. Indian…
Affordability and Health Insurance in India: India has made substantial strides in expanding access to healthcare, but achieving Universal Health Coverage (UHC) remains a challenge due to gaps in insurance coverage among key population segments. The government of India has adopted a four-pronged strategy to address this: strengthening public healthcare infrastructure, mandating insurance for formal…
Health Insurance in Crisis: In recent years, health insurance—once seen as a safety net—has morphed into a complex, expensive, and sometimes unreliable product. Once marketed with emotionally resonant slogans like “Sar Utha Ke Jiyo”, insurance promised peace of mind, protection from life’s uncertainties, and dignity even in the face of adversity. However, in today’s volatile…
Best Insurance Companies of 2025: Every year, millions of Americans depend on reliable insurance providers to protect what matters most—be it their vehicles, homes, health, or loved ones. In an industry where rates, coverage options, and customer satisfaction vary widely, choosing the right insurance company can be a daunting task. Fortunately, Insure.com, one of the…
How to Switch Health Insurance: Health insurance is not just a financial tool—it’s a lifeline during medical emergencies. However, not all policies serve the same purpose, and over time, you might realize that your current plan lacks crucial features such as room rent flexibility, better coverage for pre-existing diseases, or cashless claim efficiency. Thankfully, the…
Insurance Litigation Week in Review: The world of insurance litigation saw significant developments this week, particularly in cases involving American International Group (AIG) and its policyholders. In a notable ruling, a court determined that an AIG unit is not obligated to defend a firearms retailer accused of contributing to gun violence through the sale of…