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Kensington fire losses expected to be covered by reinsurance: Insurer

Sunday, June 18, 2017 - 12:00
by Matthew Lerner of Business Insurance

Damage caused by Wednesday’s apartment complex fire in Kensington, England, is likely to largely be covered by reinsurance, according to Protector Forsikring ASA, the insurer for the building.

Democrats introduce bill to bring back reinsurance in individual market

Sunday, June 18, 2017 - 11:58
by Mara Lee of Modern Healthcare

Four Democratic senators have introduced a bill that would make reinsurance a permanent part of the Affordable Care Act's individual exchanges.

The bill, introduced Wednesday and led by Sens. Tim Kaine of Virginia and Tom Carper of Delaware, would provide federal funding to cover 80% of claims from $50,000 to $500,000, starting next year, with the same level of support through 2020.

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Brave New World: 1st Reinsurance Product Heads to the Blockchain

Sunday, June 11, 2017 - 07:32
by L.S. Howard

There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience.

Click Here to Read More

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Kensington fire losses expected to be covered by reinsurance: Insurer

Sunday, June 18, 2017 - 12:00
by Matthew Lerner of Business Insurance

Damage caused by Wednesday’s apartment complex fire in Kensington, England, is likely to largely be covered by reinsurance, according to Protector Forsikring ASA, the insurer for the building.

Democrats introduce bill to bring back reinsurance in individual market

Sunday, June 18, 2017 - 11:58
by Mara Lee of Modern Healthcare

Four Democratic senators have introduced a bill that would make reinsurance a permanent part of the Affordable Care Act's individual exchanges.

The bill, introduced Wednesday and led by Sens. Tim Kaine of Virginia and Tom Carper of Delaware, would provide federal funding to cover 80% of claims from $50,000 to $500,000, starting next year, with the same level of support through 2020.

Click Here to Read More

Brave New World: 1st Reinsurance Product Heads to the Blockchain

Sunday, June 11, 2017 - 07:32
by L.S. Howard

There has been a lot of press – and perhaps hype – about blockchain and its potential to revolutionize the industry’s processes and ultimately improve the customer experience.

Click Here to Read More

Pages