HomeInsurance

Insurance

KKR invests in Shriram General Insurance Company

Global investment firm, KKR and Shriram General Insurance Company (SGI)  have announced the signing of definitive agreements under which, subject to the receipt of the necessary regulatory approvals, KKR will acquire a 9.99% stake in SGI. KKR’s investment will help position SGI for continued...

Patients’ Perilous Months-Long Waiting for Medicaid Coverage Is a Sign of What’s to Come

Korra Elliott has tried to avoid seeing a doctor while waiting to get on Medicaid. She worries she can’t afford more bills without any insurance coverage. But in early March — five months, she said, after applying and with still no decision about her...

The Case of the $489,000 Air Ambulance Ride

Sean Deines and his wife, Rebekah, were road-tripping after he lost his job as a bartender when the pandemic hit. But while visiting his grandfather in a remote part of Wyoming, Sean started to feel very ill. Rebekah insisted he go to an urgent care...

State insurance leaders join forces on Catastrophe Reform Legislative Package

Catastrophe Reform Package for the 2022 Legislative Session Insurance Commissioner Jim Donelon, Senate Insurance Committee Chair Kirk Talbot and House Insurance Committee Chair Mike Huval revealed their joint Catastrophe Reform Package for the 2022 Legislative Session during a news conference at the Louisiana Department of...

Climate insurance startup kWh raises $20M

Climate insurance startup kWh raises $20M kWh, a company that tailors insurance policies for renewable energy installations such as wind and solar facilities, has raised $20 million in a Series B round, the company announced Tuesday morning. Driving the news: The company says it will use...