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White House wants cybersecurity standards on hospitals

White House wants cybersecurity standards on hospitals

by AIP Online Bureau | May 12, 2024 | International News, Non-Life, Policy, Regulation, Reinsurance, Risk Management, Technology

The proposal may extend beyond hospitals too. The administration intends to issue a notice of proposed rulemaking in coming weeks to bring in minimum cybersecurity requirements for entities that receive money from Medicare and Medicaid, according to a US official, who...

China Construction Bank sued in U.S. over reinsurance fraud losses

by AIP Online Bureau | May 12, 2024 | Banking & Bancassurance, International News, Non-Life, Reinsurance

The bank allowed employees to conspire with Israeli insurance startup Vesttoo Ltd. to sell reinsurance policies that weren’t real, according to a complaint filed late Thursday by the Porch Group in Manhattan federal court. Vesttoo filed for Chapter 11 bankruptcy in...
Flooding forecast to worsen in Brazil’s south, poor hit hard

Flooding forecast to worsen in Brazil’s south, poor hit hard

by AIP Online Bureau | May 12, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News

Weather across South America is affected by the El Nio climate phenomenon, a naturally occurring event that periodically warms surface waters in the equatorial Pacific. In Brazil, El Nio has historically caused droughts in the north and intense rainfall in the south,...

Dell discloses data breach of some customers’ names, physical addresses

by AIP Online Bureau | May 11, 2024 | Data, Risk Management, Technology

“We believe there is not a significant risk to our customers given the type of information involved. At this time, our investigation indicates limited types of customer information was accessed, including name and physical address,” the message from Dell read. New...
IRDAI approves Hinduja group’s new plans to take over Reliance Capital, deal to close by May 27

IRDAI approves Hinduja group’s new plans to take over Reliance Capital, deal to close by May 27

by AIP Online Bureau | May 11, 2024 | Banking & Bancassurance, Health, Indian News, Non-Life, Regulation

Ashok Hinduja, chairman, IndusInd International Holdings Limited , The IRDAI’s clearance for the deal has come now and with the IRDAI’s approvals in place, it is possible to stick to the earlier dead line of May 27 for the completion of acquisition of RCL,...

Severe solar storm brings dazzling Aurora, threatens to trigger blackouts

by AIP Online Bureau | May 11, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

The danger is that the storms can inject direct current into alternating current transmission lines, as well as sending low pulses of electricity through things like railroad tracks and pipelines. Some GPS signals may be lost during the event A severe solar storm this...

10,000 new cases of Thalassemia patients reported each year in India: Health secy

by AIP Online Bureau | May 11, 2024 | Data, Eco/Invest/Demography, Health

Union Health Secretary also advocated for inclusion of compulsory Thalassemia testing in the existing reproductive and child health (RCH) programs under NHM as a means to curtail the prevalence of the disease New Delhi: Apurva Chandra, secretary, Ministry of Health...

Insurance Councils and Panchayat Raj ministry to identify gram panchayats for rural sector business: IRDAI

by AIP Online Bureau | May 10, 2024 | Eco/Invest/Demography, Indian News, Life, Non-Life

After the finalisation of the first gram panchayat for each insurer, the council should share the list with the Insurance Regulatory and Development Authority of India New Delhi: With the objective to meet insurance for all by 2047, the sector regulator Irdai on...

Bombay HC allows maternity benefits for third child

by AIP Online Bureau | May 10, 2024 | Health, Indian News, Policy, Workplace/Employee Benefits

“The right to reproduction and childrearing has been recognised as an important facet of a person’s right to privacy, dignity and bodily integrity under Article 21. Article 42 enjoins the State to make provisions for securing just and humane work...

Phi Commerce to manage payment solutions for Reliance Nippon Life Insurance

by AIP Online Bureau | May 10, 2024 | Briefs, Life, Technology

Omnichannel payment solution provider Phi Commerce will manage payment solutions for Reliance Nippon Life Insurance Company (RNLICL) for streamlining the insurer’s payment processes, including premium collections, a company statement said. The arrangement will seek to...
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