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Florida consumers ‘flabbergasted’ as property insurers push for double-digit rate hikes

by AIP Online Bureau | Feb 13, 2021 | Disaster & Management, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

  Florida property insurers are jacking up rates by double-digit percentages, blaming the hikes on lingering damage from past hurricanes, a wave of litigation, and a law that encourages lawyers to sue by allowing courts to award them big fees. The rate increases...

German cabinet approves legislation to ban glyphosate from 2024

by AIP Online Bureau | Feb 13, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management

Farmers in Germany will have to gradually reduce their use of glyphosate and stop using it completely from 2024 in order to preserve clean habitats for insects, under draft legislation passed by the country’s cabinet on Wednesday. “The exit from glyphosate...

EU expert group at odds over how to resolve tech, carmakers’ patent dispute

by AIP Online Bureau | Feb 13, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  BRUSSELS: European Union efforts to resolve a patent dispute between tech companies and carmakers have hit a roadblock after experts enlisted for advice failed to agree on the level of royalties or who should pay them. Tech firm Nokia and automaker Daimler are...

Investors vie for windfall from rejected covid insurance claims

by AIP Online Bureau | Feb 13, 2021 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic, Reinsurance

A growing market niche where investors profit from others’ legal troubles is getting a boost from Covid. Distressed-investing funds and litigation-finance boutiques are likely to be spoiled for choice after a landmark U.K. court ruling last month rejected pleas...

Creation of health ID under NDHM not mandatory for citizens: Ashwini Choubey

by AIP Online Bureau | Feb 12, 2021 | Eco/Invest/Demography, Health, Indian News, Risk Management, Technology

  New Delhi: Creation of a health ID under the National Digital Health Mission (NDHM) is not mandatory for citizens, Minister of State for Health, Ashwini Choubey, informed Parliament on Friday. On August 15, 2020, Prime Minister Narendra Modi announced the NDHM,...
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