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Prudential PLC to Buy Majority Stake in India Life Insurer for $389 Million

By P.R. Venkat Prudential PLC has agreed to acquire a controlling stake in an Indian life insurer for $389 million, as the U.K. company seeks to expand its business in one of the world's fastest-growing insurance markets. ...

‘Ghost networks’ make finding mental health care harder

In Massachusetts, every health insurer is required to provide an online directory of health care providers in its network, including contact information and whether they are accepting new patients. Under state law, these directories must be accurate and updated. Similar laws exist federally.But...

As property insurance crisis worsens, some lawmakers target Big Oil – Insurance News

Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects. In three states,...

Georgia’s tort reforms didn’t lower insurance costs

Opinion‘Tort reform’ assumes that if insurance companies spend less on court cases, they will automatically charge you less. That’s not how it works.Attendees listen to Insurance Commissioner John King speaking during a town hall on tort reform at the Lou Walker Senior Center...

The Progressive Corp. (NYSE: PGR) Highlighted for Surprising Price Action – Insurance News

The Progressive Corporation (NYSE: PGR) has caught the attention of the investment community today with its bullish price action. The company’s shares have moved -0.89% on the day to $194. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential...

Texas jury awards Southwestern $7 million from insurer – Baptist News Global

The already twisting legal case involving Southwestern Baptist Theological Seminary’s defense of claims it failed to protect a female student from sexual abuse took another odd turn May 7 in a Fort Worth, Texas, courtroom. A Tarrant County District Court jury found the seminary’s insurance company failed to...