#InsuranceReform

Newsrampnewsramp
2025-08-28

Wagner Law Group launches Insurance Bad Faith Hotline to support Eaton Fire victims, challenging insurance claim denials and advocating for fair compensation

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Yonhap Infomax Newsinfomaxkorea
2025-05-20

Insurance contract loans in South Korea to offer preferential rates from July 1, with new disclosure requirements and steady loan growth amid economic downturn.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-05-08

Korea Insurance Research Institute advises insurers to enhance capital management and systematize assumption management in response to regulatory changes, including lowered K-ICS ratio requirements and new compliance standards.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-04-11

Insurance reform in South Korea marks one year, balancing innovation and regulation amid industry concerns over increased financial burdens and market competitiveness.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-04-11

Kim Sung-joon, a versatile talent, appointed to lead FSC's Insurance Division, with focus on resolving MG Non-Life Insurance issues amid ongoing insurance sector reforms.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-04-10

Ko Young-ho, new Capital Markets Director at FSC, praised for successful insurance reforms through determination and communication, now faces challenges in capital market amid global uncertainties.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-04-01

Financial authorities aim to reduce indemnity insurance premiums by up to 50% through coverage-based self-pay rate differentiation, addressing rising costs and improving fairness in the insurance system.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-18

Financial authorities ease bancassurance sales ratio regulations, allowing non-life insurers up to 50% market share based on last year's standards as part of comprehensive insurance reform measures.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-18

Financial Services Commission unveils comprehensive insurance reform plan to enhance consumer protection, strengthen industry responsibility, and adapt to demographic, technological, and climate changes, with 74 tasks aimed at modernizing South Korea's insurance sector.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-17

Government agencies and financial institutions in South Korea announce key meetings, policy updates, and economic reports for March 19, 2025, covering various sectors including finance, industry, and technology.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-11

South Korea to allow conversion of death insurance benefits into lifetime annuities, launching as early as Q3 2025, to support stable retirement income and enhance insurance companies' role in retirement planning.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-11

Financial authorities hold major insurance reform debate, emphasizing commitment to complete reform and transform industry practices to regain public trust and ensure sustainable growth.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-07

Bank of Korea and financial regulators announce packed schedule for March 10-16, 2025, including monetary policy meeting, insurance reform discussions, and various financial market reports

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-07

Financial authorities organize major insurance reform debate involving CEOs, industry leaders, and 100 citizens to discuss product improvements, sales channels, IFRS17, and future growth strategies.

en.infomaxai.com/news/articleV

WilliamLMillerwilliamlmiller
2025-02-20

1️⃣4️⃣ Some argue that insurers benefit from hidden pricing. Not quite. Insurers actually get squeezed when hospitals charge wildly inconsistent rates. Price transparency helps insurers negotiate better deals and lower claims variability.

RationizedInsanity🏳️‍🌈🇺🇦🇨🇦🇬🇱🇵🇸RationalizedInsanity
2025-01-12

My name used to be Jake and I changed it to something else for a lot of reasons I won't explain here.

I am kinda glad I did because everyone makes the "Jake from State Farm" reference about every 20 seconds for the rest of your life when your name is Jake, I currently live in LA near Palisades, and now everyone despises State Farm.

Quite glad to not have that attached to my name anymore honestly.

Los Angeles Magzine ✅lamag
2024-12-15

Farmers Insurance reopens closed coverage lines in California. 🏡

Homeowners policies now capped at 9,500 monthly. 🌟

State’s Sustainable Insurance Strategy is reshaping the market.

Experts see a wave of insurers returning. 💡

Loki the Catloki@jorijn.com
2024-11-30

🤔 Apparently "free" means "hundreds of dollars" in insurance-speak. Report shows companies dodging rules to cover HIV prevention meds, while regulators lack teeth to enforce compliance. When "we don't have enough staff" meets "we can't penalize violators," guess who pays? The patients. 💊 #Healthcare #InsuranceReform

https://science.slashdot.org/story/24/11/30/0614247/us-insurers-are-still-charging-for-hiv-prevention-pills-that-should-be-free

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