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Top insurer urges US to stop subsidising climate-risk homes
2016-05-25 11:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Lloyds, one of the worlds biggest insurance companies, says the US government must stop providing insurance subsidies to homeowners building on flood plains and in coastal areas exposed to mounting risks related to climate change. According to a report in Londons Financial Times, Lloyds says the US governments National Flood Insurance Program (NFIP), which subsidises insurance cover for householders in regions vulnerable to floods and storms, encourages irresponsible house building. Lloyds...
Insurer Seeks to Ease Housing Bubble Fears
2016-04-13 14:13:00| National Real Estate Investor
ValueInsured is offering a down payment protection plan for your home equity. read more
Tags: housing
ease
seeks
fears
Insurer UnitedHealth starts pruning ACA exchange business
2016-04-12 09:39:14| Beverages - Topix.net
The nation's biggest health insurer has decided to stop selling coverage on public insurance exchanges in two states for next year, but consumers shouldn't take this as an early warning that a mass exodus is brewing from a key element of the Affordable Care Act's coverage expansion. Analysts say these exchanges may be improving for insurers after a difficult start.
Tags: business
exchange
starts
aca
RPT-Australian bank boss says insurer got it wrong on heart attacks
2016-04-11 00:56:09| Automakers - Topix.net
The head of Australia's largest bank said its insurance business, CommInsure, had used an outdated and discredited definition of a heart attack to deny some claims from clients and he would apologise to any customers adversely affected. "I am saddened and disappointed by the handling of these cases," Ian Narev, chief executive officer of the Commonwealth Bank of Australia, said in a statement on Saturday.
Ex-UnitedHealth team to lead startup health insurer
2016-04-07 10:48:45| Beverages - Topix.net
Minneapolis-based Bright Health, which will enter its first market in the 2017 plan year, announced Wednesday that it has raised $80 million in funding. The funding will be used to support Bright Health's nationwide rollout to the individual health insurance marketplace, according to a company statement Wednesday.
Tags: health
team
lead
startup
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