Navigating Barnard’s Primary Care Health Service – Columbia Daily Spectator
Barnard College's Primary Care Health Service is a vital resource for students, providing comprehensive medical care and support. The health service is staffed by a team of medical professionals, including physicians, nurse practitioners, and nurses, who are dedicated to addressing the unique health needs of Barnard students. One of the key features of the Primary Care Health Service is its accessibility. The health service is located on campus, making it easy for students to visit during...
An insurance company has been directed to pay ₹10 lakh to a policyholder after it unfairly rejected their claim.
The District Consumer Disputes Redressal Commission in Hisar has ruled in favor of a claimant, directing PNB MetLife India Insurance Company Limited to pay Rs 10 lakh with 9% annual interest. The claimant, Raj Kumar, had filed claims under two life insurance policies held by his brother, Bajrang Singh, who passed away on October 24, 2020, due to heart failure. While the insurance company paid out the claim for the first policy, they denied the claim for the second policy, citing alleged...
Finance Ministry renews proposal to merge state-owned general insurance companies
The Indian Finance Ministry is reconsidering a proposal to merge three state-owned general insurance companies - Oriental Insurance, National Insurance, and United India Insurance - into a single entity. The government had previously infused Rs 17,450 crore into these companies between 2019-20 and 2021-22 to improve their financial health. The idea of merging the companies was first announced in the 2018-19 Budget by then Finance Minister Arun Jaitley, but was dropped in 2020 in favor of a...
Finance Ministry renews proposal to merge state-owned general insurance companies
The Indian Finance Ministry is reconsidering a proposal to merge three state-owned general insurance companies - Oriental Insurance, National Insurance, and United India Insurance - into a single entity. The proposal was initially announced in the 2018-19 budget by then Finance Minister Arun Jaitley, but was later dropped in 2020 in favor of a capital infusion of Rs 12,450 crore to improve their financial health. However, with the companies' finances now improved, the ministry is reassessing...
The Indian government is considering merging some of its state-owned insurance companies.
The Indian Finance Ministry is considering a merger proposal for three state-owned general insurance companies: Oriental Insurance, National Insurance, and United India Insurance. This move comes after the companies showed signs of financial recovery, following a capital infusion of ₹17,450 crore by the government between 2019-20 and 2021-22. The merger aims to improve efficiency and scale in the sector. The proposal was first announced by former Finance Minister Arun Jaitley in the 2018-19...
Two entities of Edelweiss have paid Rs 61.4 lakh to settle a case with the Securities and Exchange Board of India (Sebi) regarding violations of Alternative Investment Fund (AIF) regulations.
The Securities and Exchange Board of India (Sebi) has settled a case with two entities of Edelweiss, a financial services company, over alleged violations of alternative investment fund (AIF) rules. The two entities, Edelweiss Stressed and Troubled Assets Revival Fund Trust and Edelweiss Alternative Asset Advisors Ltd, have collectively paid Rs 61.4 lakh as settlement charges. In addition to the settlement amount, Sebi has also imposed a restriction on the officers-in-default of the two...
Aditya Birla Sun Life Insurance introduces the Super Term Plan, offering a comprehensive protection package that includes life, health, and income protection features.
Aditya Birla Sun Life Insurance Company (ABSLI) has introduced a new term insurance policy called the Super Term Plan, which offers a comprehensive solution for customers seeking life cover, income protection, and health support. The plan provides three flexible coverage options: Level Cover, Increasing Cover, and Level Cover with Return of Premium. The Level Cover option pays a fixed sum assured on the policyholder's death, which can be received as a lump sum, monthly income, or a combination...
Americans will pay significantly more for all types of health coverage in 2026, including Medicare.
The Trump administration has announced a 9.7% increase in Medicare's Part B premium, which will rise from $185.00 to $202.90 per month. This increase is more than three times the 2.8% cost of living adjustment (COLA) for 2026 Social Security benefits. As a result, the percent of the COLA deducted for Medicare premiums will climb from 18% to 33%, leaving the 64 million Americans on Medicare with fewer resources to tackle other rising costs. This increase is not limited to Medicare, as nearly...
Rising health care costs are prompting small businesses to find creative solutions.
The rising cost of healthcare is a significant challenge for small businesses, prompting many to explore creative solutions to manage their expenses. According to a recent survey, 62% of small businesses have seen an increase in healthcare costs over the past year, with 45% reporting an increase of 10% or more. As a result, small businesses are being forced to think outside the box to find ways to reduce their healthcare costs without sacrificing the quality of care for their employees. One...
Aviva, Kingfisher Insurance, Tokio Marine Kiln, and the IFB have made insurance moves.
Scott Clayton, a prominent figure in the insurance industry, has been appointed as the new chair of the Insurance Fraud Bureau (IFB), effective January 1, 2026. Clayton currently serves as the head of claims fraud at Zurich, a leading insurance company. He will be taking over the reins from Karl Helgesen, who is from Intact Insurance and has been leading the IFB for a significant period. During his tenure, Helgesen has been instrumental in driving several key initiatives for the IFB. One of...
PNB MetLife ranked 6th among India’s Best Companies to Work For 2025 and No. 1 in the insurance sector by Great Place to Work.
PNB MetLife India Insurance Company Limited has been recognized as one of India's Best Companies to Work For 2025 by Great Place to Work, securing the number one position in the insurance sector. The company has risen to the 6th position in the Top 100 list, a significant improvement from its 9th place ranking in 2024. This is the second consecutive year that PNB MetLife has featured in the list, highlighting its focus on building a thriving workplace culture. The recognition is a testament to...
Tata AIA is breaking the mold by shifting its focus from being just an insurance provider to a more holistic health partner. This move marks a significant change in the company’s approach, as it seeks to provide a more comprehensive range of services that cater to the overall well-being of its customers.Traditionally, insurance companies have been viewed as merely providing financial protection against unforeseen medical expenses. However, Tata AIA is taking a more proactive approach by investing in initiatives that promote preventive care, wellness, and health management. This includes offering services such as health check-ups, fitness programs, and nutrition advice, all aimed at helping customers adopt a healthier lifestyle.The shift towards a more holistic approach is driven by the growing recognition that healthcare is not just about treating illnesses, but also about preventing them. By providing a broader range of services, Tata AIA is positioning itself as a partner that can support customers throughout their healthcare journey, from prevention to treatment and recovery.This new approach also reflects the changing needs and expectations of customers, who are increasingly looking for more personalized and comprehensive health services. With the rise of digital healthcare, customers are able to access a wide range of health-related information and services online, and they expect insurance providers to be able to offer similar levels of convenience and support.Tata AIA’s move is also significant because it highlights the growing convergence between the insurance and healthcare industries. As insurance companies begin to take on a more active role in promoting health and wellness, they are increasingly working with healthcare providers to offer more integrated and comprehensive services.Overall, Tata AIA’s shift from a traditional insurance provider to a holistic health partner marks an important milestone in the evolution of the insurance industry. As customers continue to demand more personalized and comprehensive health services, it is likely that other insurance companies will follow suit, leading to a more fundamental transformation of the industry as a whole.
Tata AIA Life Insurance has undergone a significant transformation, shifting its focus from being a traditional insurance provider to a holistic health partner. This change in approach is aimed at providing customers with a more comprehensive and integrated healthcare experience. The company has introduced various initiatives to achieve this goal, including the launch of a health and wellness platform, which offers a range of services such as health risk assessments, personalized wellness...
Aviva’s Advice Report reveals an increase in perceptions of advice and the value it can bring.
A recent study by Aviva has shown that despite a decrease in the overall take-up of financial advice, from 13% to 11% over the past four years, engagement with advice has increased across all consumers. The "Appetite for Advice" index, which measures perceptions of advice and its value, has risen from 24 in 2021 to 30 in 2025. This increase is more pronounced among women, with their index score rising from 23 to 29, compared to men, whose score rose from 26 to 32. The study, which surveyed...
ManipalCigna’s Diwali campaign emphasizes the importance of health insurance.
As India celebrates Diwali, the festival of wealth and new beginnings, ManipalCigna Health Insurance has launched a new campaign titled 'Health Insurance Jiske Paas, Lakshmi Maa Karein Waha Niwaas.' The campaign emphasizes the importance of protecting health to preserve wealth and prosperity. During Diwali, families often focus on decorations, gifts, and welcoming Goddess Lakshmi, but purchasing health insurance tends to take a backseat. ManipalCigna's campaign highlights that while wealth can...
Edelweiss has introduced a new lemon honey flavor in Malaysia.
Edelweiss, a premium wheat beer brand, has launched a new limited-edition flavor, Edelweiss Lemon Honey, exclusively in Peninsular Malaysia. This refreshing beer combines the smoothness of wheat beer with zesty lemon and gentle honey notes, creating a naturally crisp taste. The new flavor is available in 320ml cans and is perfect for sharing with friends or enjoying with a partner. According to Sean O'Donnell, Marketing Director of HEINEKEN Malaysia, the new flavor is inspired by nature and...
Independent Health to join MVP Health Care in new affiliation
Independent Health, a not-for-profit health insurer based in Buffalo, New York, will join MVP Health Care, another not-for-profit insurer, under a new affiliation agreement. The deal, which is pending regulatory approval, brings together two health insurers serving nearly one million members across New York and Vermont. The combined entity will generate $7 billion in annual revenue and employ over 3,000 people. The affiliation aims to align the strengths of both companies and deepen their...
Insurance company’s Jaisalmer branch attached on court orders
A court-ordered attachment of the Jaisalmer branch of United India Insurance Company Limited was carried out on Wednesday. The attachment was a result of the company's failure to pay a motor accident claim within the stipulated period. The claim pertained to a road accident that occurred in 2022, involving an Innova car traveling from Jodhpur to Jaisalmer. The car's occupants, Jitendra Bissa, his wife Shweta Bissa, and their child Mayuri Vyas, sustained serious injuries in the accident. The...
The ongoing debate surrounding Affordable Care Act subsidies has significant implications for healthcare costs in North Carolina, potentially affecting the affordability and accessibility of health insurance for its residents.
The recent government shutdown has brought attention to the ongoing debate over healthcare, specifically the extension of enhanced Affordable Care Act (ACA) subsidies. The outcome of this debate could significantly impact the cost of health insurance for North Carolinians. For many, including 62-year-old Kelly Fiesler, who has an autoimmune disease and Crohn's disease, the ACA Marketplace is a lifeline. Thanks to expanded federal subsidies, Kelly and her husband Gerry, 67, currently pay just...
Howden to acquire Aviva-backed Scottish insurance scheme following review
Howden, a UK-based insurance broker, has agreed to acquire the insurance services of the Church of Scotland, known as Church of Scotland Insurance Services (Cosis). The acquisition follows a strategic review by the Church of Scotland to step away from direct involvement in insurance provision. Cosis has historically arranged insurance cover for Church properties through a bespoke scheme with Aviva, which will now be administered by Howden. As part of the agreement, all operational Cosis...
Why PNB MetLife Plans Are the Smartest Choice
In today’s fast-paced world, securing one’s financial future has become a top priority. With numerous insurance providers in the market, selecting the right plan can be a daunting task. However, PNB MetLife plans stand out from the rest, offering a wide range of benefits that make them the smartest choice for individuals and families alike.
Comprehensive Coverage
PNB MetLife plans provide comprehensive coverage, ensuring that policyholders are protected against various risks and uncertainties. From life insurance to health insurance, and from investment plans to retirement plans, PNB MetLife offers a diverse portfolio that caters to different needs and goals.
Flexibility and Customization
One of the key advantages of PNB MetLife plans is their flexibility and customization options. Policyholders can choose from a variety of plans, each with its own set of features and benefits. This allows individuals to tailor their coverage to suit their specific requirements, ensuring that they get the most out of their investment.
Affordability
PNB MetLife plans are designed to be affordable, making them accessible to a wide range of customers. With competitive premium rates and flexible payment options, individuals can easily find a plan that fits their budget. This ensures that securing one’s financial future does not have to be a costly affair.
Investment Opportunities
PNB MetLife plans also offer investment opportunities, allowing policyholders to grow their wealth over time. With a range of investment options to choose from, individuals can make the most of their money, ensuring that their financial goals are met.
Customer Support
PNB MetLife is committed to providing exceptional customer support, ensuring that policyholders receive the help they need, when they need it. With a dedicated customer service team and a range of online resources, individuals can easily manage their policies, make claims, and get answers to their questions.
Claim Settlement Ratio
PNB MetLife has a high claim settlement ratio, ensuring that policyholders receive their claims in a timely and hassle-free manner. This provides peace of mind, knowing that one’s financial security is in good hands.
Digital Platform
PNB MetLife has a user-friendly digital platform, allowing policyholders to manage their policies, make payments, and access their account information online. This makes it easy to stay on top of one’s financial plans, anytime and anywhere.
Partnership with PNB
PNB MetLife is a partnership between PNB and MetLife, two trusted brands with a long history of providing financial services. This partnership brings together the best of both worlds, offering policyholders the benefits of a global insurance provider and a leading Indian bank.
Overall, PNB MetLife plans are the smartest choice for individuals and families looking to secure their financial future. With comprehensive coverage, flexibility, affordability, investment opportunities, customer support, and a high claim settlement ratio, PNB MetLife plans offer a unique combination of benefits that make them stand out from the rest.
The Importance of Term Insurance in India In India, financial planning often prioritizes investments, savings, and luxury items, while term insurance is frequently overlooked. Shockingly, nearly half of the Indian population lacks term insurance, leaving their families vulnerable to financial difficulties in the event of their passing. The mindset that "it won't happen to me" is a common reason for this oversight, but life is unpredictable, and term insurance is essential for protecting one's...
Tata AIA witnesses consistent growth in term insurance demand as an increasing number of Indians prioritize long-term financial protection.
Tata AIA Life Insurance has observed a significant increase in demand for term insurance plans, indicating a growing awareness among individuals to secure their family's financial future. Term insurance provides protection for a set period, offering a safety net for loved ones in the event of the policyholder's unexpected passing. Tata AIA's term insurance plans are popular due to their affordability, flexibility, and high claim settlement ratio. The key drivers of Tata AIA's term insurance...
The Supreme Court has put on hold an order that directed an insurer to pay Rs 82.80 lakh to Sreesanth due to his injury.
The Supreme Court of India has put a hold on an order from the National Consumer Disputes Redressal Commission (NCDRC) that directed an insurance company to pay Rs 82.80 lakh to a company that contracted players for the Indian Premier League (IPL) team Rajasthan Royals. The order stems from a case involving S Sreesanth, a cricketer who suffered a knee injury in 2012 during a practice match, rendering him unfit to play in the IPL that year. The company, Royal Multisport Pvt Ltd, had obtained a...
Direct Primary Care healthcare alternative gaining interest, faces pushback
A growing trend in the healthcare industry is "Direct Primary Care" (DPC), an affordable alternative to traditional health insurance for day-to-day healthcare costs. DPC allows patients to pay a subscription fee to a primary care doctor, covering services such as checkups, blood work, and routine medical care. This approach gives doctors more control over their practice and more time with patients. Dr. Anna Mirer, a primary care doctor in Milwaukee, has adopted this model and opened her own...
Aviva has signed a new protection distribution agreement with NFU Mutual.
Aviva and NFU Mutual, the UK's leading rural insurer, have announced a new multi-year partnership for the distribution of Aviva's individual protection insurance products. This agreement follows the successful transition of their affiliation after Aviva's acquisition of the former AIG Life business. The partnership will enable NFU Mutual to offer Aviva's full range of individual protection products, including life insurance, whole of life insurance, critical illness, income protection,...
PNB MetLife and Policybazaar have launched a pension-focused consumption fund under their Unit-Linked Insurance Plans (ULIPs).
PNB MetLife India Insurance Company has launched a new unit-linked insurance plan, the Pension Consumption Fund, in partnership with Policybazaar. The fund is designed for long-term retirement planning and will focus on equity-led growth, investing in companies that are expected to benefit from India's domestic consumption trends. The initial price of the fund is ₹10 per unit during its New Fund Offer (NFO) window, which runs from October 16 to October 31. The fund will be accessible through...
About Medicaid for Adults
Medicaid is a government program that provides health insurance coverage to eligible low-income adults, including those with disabilities, in Idaho. The Idaho Department of Health and Welfare administers the Medicaid program, which offers a range of benefits, including:
- Doctor visits
- Hospital stays
- Prescription medications
- Mental health and substance abuse treatment
- Dental and vision care
To be eligible for Medicaid as an adult in Idaho, you must meet certain income and eligibility requirements, which include:
- Being a U.S. citizen or qualified alien
- Being a resident of Idaho
- Having a Social Security number
- Meeting income guidelines, which vary based on family size and other factors
- Not being eligible for other health insurance, such as through an employer or the Health Insurance Marketplace
Idaho Medicaid also offers additional programs and services for adults, including:
- Medicaid Expansion: provides coverage to adults with incomes up to 138% of the federal poverty level
- Medicaid for People with Disabilities: provides coverage to adults with disabilities, including those with intellectual disabilities, physical disabilities, and mental health conditions
- Medicaid for Pregnant Women: provides coverage to pregnant women with incomes up to 138% of the federal poverty level
You can apply for Medicaid online, by phone, or in person at your local Idaho Department of Health and Welfare office. If you are found eligible, you will be able to choose from a range of Medicaid health plans and providers to get the care you need.
The Idaho Medicaid program has contracted with Medical Transportation Management, Inc. (MTM) to provide non-emergency medical transportation (NEMT) services to Medicaid eligible members who have no other means of transportation. This program covers transportation to and from healthcare services covered under the Medicaid program, both in-state and out-of-state. To request transportation, members can call MTM at 877-503-1261, visit their website, or use their Transport Service Management...
Edelweiss Alternatives plans to file Rs 2,500 crore roads InvIT IPO to boost infrastructure presence
Edelweiss Alternatives, the investment arm of Edelweiss Group, is planning to file for an initial public offering (IPO) for its roads Infrastructure Investment Trust (InvIT) worth Rs 2,500 crore next month. This move marks a significant development for the company as it seeks to strengthen its presence in India's infrastructure sector through public market participation. The decision to pursue a public listing reflects Edelweiss Alternatives' strategy to leverage capital markets for funding...
Feverish spike in health insurance costs has local residents worried about health care coverage – BG Independent News
The rising cost of health insurance is causing concern among many Americans, particularly those who rely on Affordable Care Act (ACA) plans. If Congress fails to take action, tax credits that have helped many people pay for health insurance will disappear, causing premiums to more than double for subsidized enrollees. This will affect people who are self-employed, work at small businesses, and have part-time jobs. Many individuals, including Debbie Dalke, Katie McKibben, and Kathleen Frey, are...
A woman’s tick bite sparked a contentious dispute over insurance coverage and prior authorization, as reported by The Washington Post.
A woman's experience with a tick bite has sparked a contentious debate over insurance and prior authorization, as reported by The Washington Post. The incident highlights the complexities and challenges of navigating the healthcare system, particularly when it comes to obtaining necessary treatments and medications. The woman, who remains anonymous, was bitten by a tick and subsequently developed an infection. Her doctor prescribed a course of antibiotics, but the insurance company refused to...
A seven-year-old merger plan for struggling insurance companies is being revived.
The Indian government is considering restructuring its three weak general insurance companies, National Insurance, Oriental Insurance, and United India Insurance. The goal is to limit the number of state-owned companies in non-strategic sectors, such as general insurance, to one or two. The options being discussed include merging two of the companies with the listed and profitable New India Assurance, merging all three, or merging only two and preparing the third for privatization. The...
Smooth and refreshing Edelweiss Lemon Honey wheat beer elevates flavour to new heights
The refreshing combination of lemon and honey has been a timeless favorite for centuries, with lemon being a staple on sea voyages and honey being a popular sweetening agent. Building on this classic duo, Edelweiss, a renowned wheat beer from the Alps, has introduced a new limited-edition flavor: Edelweiss Lemon Honey wheat beer. This innovative brew combines the zesty tang of fresh lemon with the mellow sweetness of honey, blended with the smoothness of Edelweiss wheat beer to create a...
UIIC AO Score Card 2025 Released, Check Sectional and Overall Marks
The United India Company Limited (UIIC) has released the official scorecard for the Administrative Officer (AO) examination 2025 on its website, www.uiic.co.in. The scorecard, which includes the total marks obtained and qualifying status, was published on February 17, 2025, for the Specialist stream. Along with the scorecard, the cut-off marks for different categories have also been released. Candidates can check their scores and qualifying status by logging in with their valid credentials....
The cheap health insurance promoted by Trump officials has a significant drawback, according to reports from The Washington Post.
The Trump administration has been promoting a type of cheap health insurance that has a significant catch. The plans, known as short-term limited-duration insurance (STLDI), are being touted as a more affordable alternative to traditional health insurance. However, they often come with significant limitations and exclusions that can leave consumers with large medical bills. STLDI plans are designed to provide temporary coverage for individuals who are between jobs, waiting for other coverage...
The Villages residents may need to change health insurance
Thousands of United Healthcare members living in The Villages, Florida, may be forced to switch their health insurance provider due to a dispute between CenterWell Primary Care and United Healthcare. The Villages Health System, which serves over 55,000 people, filed for bankruptcy earlier this year and its assets were transferred to CenterWell Primary Care in September. However, an agreement has yet to be reached between CenterWell and United Healthcare, which is the primary insurance provider...
Ghost broking, a type of insurance fraud, has increased by 22% over the past two years. Aviva is calling for a crackdown on this practice to protect young drivers, who are often the target of these scams.
Aviva, a leading insurance company, is warning about the surge in ghost broking cases, where fraudsters pose as legitimate insurance agents to sell fake or invalid motor insurance to young drivers. The company has detected a 22% increase in ghost broking cases since 2023, with fraudsters often targeting young drivers via social media. According to Aviva's data, 84% of young drivers who purchased a fake policy from a ghost broker experienced serious issues, including declined claims and...
North Carolinians Prepare for Rising Health Insurance Costs as Premium Hikes Loom Amid Government Shutdown Deal
North Carolinians are bracing themselves for potential healthcare premium increases as the House of Representatives passes a spending bill to reopen the government. Over 975,000 people in the state, roughly 10% of the population, are enrolled in coverage through the healthcare marketplace. According to Nicholas Riggs, Director of the NC Navigator Consortium, which helps individuals find marketplace coverage options, premiums are expected to rise significantly, with average increases of two to...
Millions of Americans who rely on Affordable Care Act (ACA) health subsidies will face financial hardship and potential loss of coverage if these subsidies expire.
The Affordable Care Act (ACA) is facing a critical juncture as the enhanced premium tax credits that have made healthcare more affordable for millions of Americans are set to expire at the end of the year. If Congress does not extend these credits, over 24 million people who rely on the ACA marketplace for health coverage will see their premiums skyrocket, with some facing increases of over 100%. This will disproportionately affect low- and middle-income individuals, including farmers,...
Jeffries says the fight is not over on health care subsidies as shutdown ends
House Minority Leader Hakeem Jeffries has vowed that Democrats will continue to push for the extension of expiring health insurance subsidies, despite the recent government shutdown ending without the inclusion of these provisions. In an interview with CBS News, Jeffries stated that "House Democrats are in this fight until we win this fight" and that the party remains "strongly opposed" to the bill that passed the Senate with some Democratic support. The bill, which funds the government until...
Uncertainty surrounds the future of health insurance for Americans as a decision on healthcare subsidies remains pending.
Millions of Americans are facing uncertainty about their health insurance due to delayed decisions on Affordable Care Act (ACA) subsidies. The proposed deal to end the government shutdown would push any congressional decision on ACA subsidies to December, leaving those navigating open enrollment in limbo. Without these subsidies, the cost of ACA insurance plans could skyrocket in the new year, with some premiums potentially doubling or quadrupling. President Donald Trump has suggested taking...
Netcore Cloud has opened a new office in Chennai to support the region’s growing customer base.
Netcore Cloud, a leading martech firm, has announced the opening of its new office in Chennai, marking its sixth office in India and second in South India. This expansion reinforces the company's commitment to the growing market and customer base in the region. The Chennai hub will focus on attracting top talent in areas such as Artificial Intelligence/Machine Learning (AI/ML), product engineering, and sales, and will play a key role in delivering innovative solutions to clients. Chennai's...
Aditya Birla Capital Wins 6 Metals at e4m NEONS OOH Awards 2025
Aditya Birla Capital, a leading financial services company, has won six metals at the e4m NEONS OOH Awards 2025 for its three standout campaigns: "Aap Boodhe Hoke Kya Banoge?", "Activ One – ABHI Karo", and "India, Ab Hadh Kar De". These campaigns were recognized for their impact and effectiveness in reaching their target audiences. The "Aap Boodhe Hoke Kya Banoge?" campaign aimed to raise awareness about the importance of retirement planning, while the "Activ One" campaign promoted a...
Will health insurance premiums increase in 2026 and what you need to know following the government reopening vote
The recent vote to reopen the government has raised concerns about the potential impact on health insurance premiums in 2026. The continuing resolution passed by Congress to fund the government through 2024 did not address the looming expiration of the enhanced Affordable Care Act (ACA) subsidies, which are set to end in 2025. This has left many wondering what the future holds for healthcare costs. The enhanced subsidies, introduced during the COVID-19 pandemic, have helped make health...
Chola MS General Insurance launches #SimpleHai campaign to simplify insurance through relatable everyday stories
Cholamandalam MS General Insurance (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group, has launched a new digital campaign called #SimpleHai. The campaign aims to change the perception of insurance from being complex and cumbersome to simple and easy to understand. The idea is to show that insurance can be straightforward, transparent, and digitally powered, making it accessible to everyone. The campaign consists of a hero brand film and two motor...
HealthCare.Gov Insurance Enrollment Period Now Open!
It's time to secure health coverage for 2026, and the open enrollment period, which runs from November 1 to January 15, is the perfect opportunity for Texans to find affordable health insurance. Although Congress is not extending enhanced insurance subsidies, subsidies will still be available to make insurance affordable, albeit not as high as they were in the past. If you don't have a current insurance plan, consider enrolling in the marketplace through HealthCare.Gov. You can start your...
South India’s Gen Zs Redefine Financial Discipline – The Tata AIA Life Insurance Study
A recent study by Tata AIA Life Insurance and NielsenIQ has revealed that Gen Zs in South India are leading the way in financial planning, setting a new standard for India's next generation of financial planners. The study, titled "New Age Habits, Traditional Values: Gen Z's Approach to Financial Planning," surveyed working Gen Z individuals (21-29 years old) across eight major cities in India. The findings suggest that South Indian Gen Zs are digitally fluent, financially aware, and...
Aditya Birla Health Insurance has appointed Swati Kulkarni as its new Head of Health Management.
Aditya Birla Health Insurance Company Limited has appointed Swati Kulkarni as its new Head of Health Management. Kulkarni brings over 20 years of experience in entrepreneurship and corporate leadership to the role, having previously co-founded and served as CEO of Elda Health, a company specializing in women's health and wellness. Her background also includes significant leadership roles at several prominent companies, including Nua Woman, Inksedge, Komli Media, Intel Corporation, and...
As deal to end shutdown advances, Catholic groups urge action on health insurance costs
As a deal to end the government shutdown gains momentum, Catholic organizations are urging lawmakers to address the rising costs of health insurance, which they say is a critical issue affecting many Americans. The shutdown, which has left hundreds of thousands of federal workers without pay, has brought attention to the struggles of low- and moderate-income families who are struggling to make ends meet. Catholic groups, including the Catholic Health Association and the US Conference of...
Rajasthan Royals dragged to Supreme Court by insurance company over Sreesanth claim in IPL 2012.
The Indian Premier League (IPL) team Rajasthan Royals is embroiled in a long-standing dispute with the United India Insurance Company over an insurance claim filed due to an injury sustained by player S. Sreesanth in 2012. The Royals had taken out a "Special Contingency Insurance for Player Loss of Fees Cover" policy for the 2012 IPL season, which covered losses incurred due to a player's absence from the tournament. Sreesanth, one of the insured players, suffered a knee injury during a...
Tata AIA has ranked as the top insurer in India in the MDRT (Million Dollar Round Table) rankings for the third consecutive year.
Tata AIA Life Insurance Company Ltd. has achieved a significant milestone by securing the highest number of Million Dollar Round Table (MDRT) members in India for the third consecutive year. With 2,871 MDRT qualifiers, the company has demonstrated an 11% growth from the previous year, showcasing the rising calibre and dedication of its advisors. This achievement has also earned Tata AIA a global ranking of #4. The company's commitment to diversity and inclusion is evident in its all-time high...
NPR is seeking input from individuals who are purchasing health insurance plans under the Affordable Care Act, and wants to hear about their experiences.
The longest federal government shutdown in US history is on the verge of ending, but a crucial healthcare issue remains unresolved. Since 2021, individuals purchasing health insurance through the Affordable Care Act (ACA) marketplaces have received extra assistance in the form of tax credits. However, if Congress fails to reach a compromise, these subsidies will expire for 2026 health plans, affecting approximately 24 million people with ACA plans. As a result, many consumers will face...
Edelweiss-backed India Energy Transition Fund raises $60 million
The India Energy Transition Fund, backed by the Edelweiss Group, has secured $60 million in fresh capital from the European Investment Bank (EIB), a global development finance bank. This investment is part of the fund's efforts to scale its investments in climate action and environmental sustainability domains, including renewable energy, energy efficiency, transmission, battery storage, and electric vehicles. The fund, which is registered in GIFT City, has a target corpus of $300 million and...
Aviva Claims Data Reveals Cost of Winter Sports Injuries
As the winter sports season approaches, leading insurer Aviva is warning holidaymakers to be aware of the potential risks and high medical costs associated with winter sports injuries. According to Aviva's data, the most common winter sports injuries are broken legs, followed by broken arms and head injuries. However, pelvic injuries are the most expensive to treat, with an average cost of £8,354. The data also reveals that Andorra and the USA are the most expensive countries for winter sports...
Aviva has been ordered to pay £660,000 after allegations of fraud against the company collapsed.
The High Court has handed down a significant judgment against Aviva Insurance Limited, ordering the insurer to pay £660,000 in costs. This ruling comes after Aviva's unsuccessful attempt to deny coverage for water damage at the New Northumbria Hotel in Newcastle. The court's decision, delivered on November 7, 2025, marks a substantial defeat for Aviva, which had pursued allegations of fraud against the hotel's owners despite notable weaknesses in its case. The court's criticism of Aviva's...
Tata AIA announces ₹1,842 Cr Bonus
Tata AIA Life Insurance has announced a record bonus payout of ₹1,842 crore for its participating plans in the financial year ending March 31, 2025. This bonus will benefit over 8.15 lakh policyholders, marking a 26% increase from the previous year's payout of ₹1,465 crore. The company's participating plans, such as the Diamond Savings Plan, Smart Value Income Plan, and Shubh Flexi Income Plan, will receive bonuses that are not guaranteed but are typically declared annually based on the...
Edelweiss Mutual Fund introduces India’s first hybrid long-short Structured Investment Fund (SIF)
Edelweiss Mutual Fund has introduced the Altiva Hybrid Long-Short Fund, a new investment strategy under its Specialised Investment Fund (SIF) platform. The fund's New Fund Offer (NFO) is open for subscription from October 1 to October 15. This interval investment strategy combines multiple approaches to generate consistent, income-oriented returns with low volatility. The fund's core allocation focuses on equity arbitrage and high-quality fixed income, while also exploring selective...
The government shutdown is centered around healthcare, raising a fundamental question: does insurance actually save lives?
The current government shutdown in the US is largely due to disagreements over healthcare, specifically the Affordable Care Act (ACA), also known as Obamacare. However, a crucial question arises: does health insurance actually save lives? Research suggests that having health insurance can have a significant impact on health outcomes, including mortality rates. Studies have shown that uninsured individuals are more likely to experience poor health outcomes, including higher mortality rates,...
A travel insurance policy for just 45 paise: Understanding IRCTC’s travel insurance policy and its significance
As train travel remains a vital part of Indian mobility, the Indian Railway Catering and Tourism Corporation (IRCTC) offers an optional travel insurance feature that is often overlooked. For just 45 paise, which is less than a rupee, passengers can enjoy a comprehensive travel insurance coverage that includes accidental death, permanent total disability, permanent partial disability, hospitalization due to injury, and transportation of mortal remains. The coverage kicks in as soon as a...
The Trump administration and Republican-led efforts have sought to repeal and replace the Affordable Care Act (ACA), also known as Obamacare, with alternative health insurance plans.Some key proposals and actions include: 1. Repeal and Replace: Republicans have introduced several bills to repeal and replace the ACA, such as the American Health Care Act (AHCA) and the Better Care Reconciliation Act (BCRA). 2. Short-Term Limited-Duration Insurance (STLDI): The Trump administration has expanded STLDI plans, which provide temporary coverage for up to 12 months, as an alternative to ACA plans. 3. Association Health Plans (AHPs): The administration has also expanded AHPs, which allow small businesses and self-employed individuals to band together to purchase health insurance. 4. Medicaid Work Requirements: Some Republican-led states have implemented work requirements for Medicaid recipients, which can lead to loss of coverage for those who do not comply. 5. Pre-Existing Conditions: The Trump administration has taken steps to undermine protections for individuals with pre-existing conditions, such as supporting lawsuits that challenge the ACA’s provisions.
US President Donald Trump has proposed a compromise on health insurance payments to end the ongoing government shutdown. In a Truth Social post, Trump suggested that federal payments currently being sent to insurance companies under the Affordable Care Act (ACA) should be sent directly to Americans. This would allow individuals to purchase their own healthcare, potentially with better coverage and leftover funds. The proposal comes after Senate Republicans rejected a deal offered by Democratic...
IFFCO-Tokio General Insurance launches surety bond insurance
IFFCO-Tokio General Insurance has introduced a new insurance product called Surety Bond Insurance, which aims to provide a risk mitigation solution for the infrastructure sector. This launch comes after the Insurance Regulatory and Development Authority of India (IRDAI) permitted general insurers to issue surety insurance bonds in April 2022. The Surety Bond Insurance is a legally enforceable tripartite contract that provides a hedge against the risks involved in infrastructure projects. In...
Trump has indicated that he is unwilling to compromise on a shutdown related to the Affordable Care Act, referring to it as the worst healthcare anywhere in the world.
The US government shutdown has entered its 39th day, with no clear end in sight. President Donald Trump has made it clear that he is unlikely to compromise with Democrats, who are demanding an extension of Affordable Care Act tax credits. Trump has suggested that Congress send money directly to people to buy insurance, but this proposal is not being considered as a solution to end the shutdown. Senate Majority Leader John Thune has signaled an openness to a proposal from moderate Democrats to...
Edelweiss AMC has transformed its investment management with the implementation of Snowflake’s AI Data Cloud, as reported by ETCIO.
Edelweiss Asset Management Company Ltd. (Edelweiss AMC), a leading Indian mutual fund company, has upgraded its data infrastructure with Snowflake's AI Data Cloud. This modernization has enhanced operational agility, investor experience, and risk management. Edelweiss AMC previously struggled with legacy databases, fragmented data silos, and reporting delays. However, with Snowflake's unified, cloud-native environment, the company can now manage larger data volumes and complex workloads...
Tata AIA Life Insurance has taken a significant digital leap, revolutionizing the life insurance experience with future-ready protection solutions.
Tata AIA Life Insurance has embarked on a digital transformation journey to provide future-ready protection to its customers. The company has introduced a range of digital initiatives to redefine the life insurance experience, making it more accessible, convenient, and personalized. With the aim of becoming a leader in the digital insurance space, Tata AIA has leveraged technology to simplify the insurance-buying process, enhance customer engagement, and provide seamless claims settlement. One...
Talks to end the US shutdown appear promising, according to the Senate majority leader.
US Senate Majority Leader Chuck Schumer has expressed optimism about the ongoing talks to end the partial government shutdown in the United States. According to Schumer, the negotiations between Democratic and Republican lawmakers are showing promise, and a resolution to the impasse may be within reach. The government shutdown, which began several weeks ago, has left hundreds of thousands of federal employees without pay and disrupted various government services. The shutdown was triggered by...
PNB MetLife has collaborated with Policybazaar to launch a new ULIP-based pension consumption fund.
PNB MetLife India Insurance Company Limited has partnered with Policybazaar to introduce a new initiative focused on retirement planning for Indian customers. The collaboration has resulted in the launch of the Pension Consumption Fund under PNB MetLife's Unit-Linked Insurance Plans (ULIPs). This fund aims to provide a solution for individuals seeking financial independence in their later years by generating long-term capital growth through investments in companies that benefit from India's...
Aviva Ventures has made an investment in Indico Data, a company specializing in insurance automation.
Aviva Ventures, the venture capital arm of British insurer Aviva, has made a strategic investment in Indico Data, a company that specializes in AI-driven automation for insurance operations. This investment is expected to support the adoption of Indico Data's solutions by property and casualty (P&C) insurers worldwide. As part of the deal, Aviva's chief innovation officer, Arslan Hannani, will join Indico's Board of Directors as a board observer and advisor. Indico Data's Agentic AI platform...
At 80, IFFCO MD Awasthi retires after serving company for over 49 years
U.S. Awasthi, the longest-serving CEO of a fertilizer company, has retired as the Managing Director of Indian Farmers Fertiliser Cooperative Limited (Iffco) after a three-decade stint. Awasthi, who turned 80, has been succeeded by K.J. Patel, who has taken charge as the new MD. Awasthi joined Iffco in 1976 as a chemical engineer and rose through the ranks to become the MD in 1993. During his tenure, he played a crucial role in shaping the company's trajectory and elevating it to global...
A consumer panel has ordered an insurance company to pay Rs 93 lakh in a case related to a suicide claim.
The Chennai North District Consumer Disputes Redressal Commission has directed Tata AIA Insurance Company to pay a widow, Saranya, a sum of Rs 92.84 lakh with interest, after her husband, K Gunasekar, died by suicide in 2024. Gunasekar had purchased a 40-year life insurance policy from Tata AIA in 2020, naming Saranya as the nominee, with a coverage of Rs 1.10 crore. Although he paid premiums until 2023, the company refused to pay the full death benefit, citing policy clauses, and instead...
Senate Republicans reject Democrats’ health care offer, government shutdown continues
President Trump met with Hungarian Prime Minister Viktor Orbán at the White House on November 7, 2025, and reiterated his call for Senate Republicans to abolish the filibuster to end the ongoing government shutdown. The filibuster is a Senate rule that requires a 60-vote threshold to advance most legislation. Trump argued that eliminating the filibuster would allow Republicans to pass legislation and "open up the country" quickly. Trump expressed frustration with Senate GOP leaders who have...
PNB MetLife’s 360 BIZ Delivers Insurance Innovation
PNB MetLife India Insurance Company Limited has launched a new digital platform called 360 BIZ, designed to simplify group insurance and employee benefits administration for companies. The platform aims to elevate the employee experience by providing a seamless and digital experience for both employees and employers. 360 BIZ brings together a wide range of benefits, including Group Term Life, Voluntary Group Life, and Critical Illness cover for employees. The platform offers several key...
Shiv Sena leaders vandalise IFFCO Tokio Insurance Company’s office in Pune
Shiv Sena party workers and leaders vandalized the office of insurance company IFFCO Tokio in Pune on Wednesday, protesting the delay in disbursement of insurance amounts to farmers affected by unseasonal rains. The farmers in several parts of Maharashtra have suffered significant losses due to the heavy rains that have damaged their Kharif crops, including soybean, jowar, maize, and cotton. The protesters, numbering around 35, stormed into the IFFCO Tokio office, located in Koregaon Park, and...
Ghost broking scams are on the rise, prompting Aviva to demand a crackdown to safeguard young drivers.
A recent survey conducted by Aviva, a leading insurance provider, has shed light on the growing concern of ghost brokers targeting young drivers on social media. The survey, which polled 2,000 young drivers, revealed that nearly one in three had purchased car insurance through social media platforms. This is a worrying trend, as ghost brokers are known to be highly active on these platforms, preying on unsuspecting victims. The survey's findings are alarming, with 84% of those who were scammed...
The Consumer Disputes Redressal Forum has directed an insurance company to pay compensation to a policyholder for wrongfully denying an accident claim.
The Ernakulam district consumer disputes redressal commission in Kochi has ordered Aditya Birla Health Insurance Company to compensate a policyholder, Joy Paulose, for wrongfully denying a legitimate claim for accident treatment expenses. The insurance company had cited 'non-disclosure of pre-existing conditions' as the reason for denying the claim. However, the commission found this reasoning to be unlawful and against the principles of the insurance contract and Consumer Protection Act....
Tata AIA Life Insurance has taken a significant digital leap, redefining the life insurance experience with future-ready protection solutions. This move is part of the company’s efforts to enhance customer engagement and provide seamless services. With the integration of technology, Tata AIA aims to make life insurance more accessible and convenient for its customers. The digital transformation is expected to revolutionize the way life insurance is perceived and consumed in India, providing customers with a more personalized and intuitive experience. By leveraging digital platforms, Tata AIA is poised to stay ahead of the curve and address the evolving needs of its customers.
Tata AIA Life Insurance has taken a significant digital leap to redefine the life insurance experience in India. The company has introduced a range of innovative digital solutions to provide future-ready protection to its customers. With the aim of making life insurance more accessible and convenient, Tata AIA has leveraged technology to create a seamless and user-friendly experience for its policyholders. One of the key digital initiatives introduced by Tata AIA is the launch of its mobile...
A widow is having difficulty accessing her late husband’s pension due to the lack of an official cause of death.
A widow has been left unable to access her late husband's pension due to a dispute over the cause of his death. The case highlights the challenges that bereaved families can face when trying to navigate complex pension rules and regulations. The widow, who wishes to remain anonymous, had been married to her husband for over 30 years when he passed away suddenly. He had a pension with a major provider, which she believed would provide her with a degree of financial security in the event of his...
ABL to oversee ONGC rig moves in Indian waters
Energy and marine consultancy ABL has secured a contract with India's Oil and Natural Gas Corporation Limited (ONGC) to oversee the company's rig moves between September 2025 and May 2026. The contract, awarded through United India Insurance (UIIC), positions ABL as the marine warranty surveyor for an anticipated 25 ONGC rig moves. Additionally, ABL will serve as tow master and marine warranty surveyor for approximately 70 moves on third-party jackup units within ONGC's fields off the west...
Conversions are increasing, as is customer trust.
In an interview with ETCIO, Soumya Ghosh, CTO of Tata AIA Life Insurance, discussed the company's digital transformation journey and how it is leveraging technology to drive innovation and customer-centricity. Ghosh emphasized that innovation is a company-wide effort and not just a matter of relying on inspiration or luck. He highlighted the challenges of managing legacy systems while enabling innovation, but noted that Tata AIA Life Insurance has made significant progress in this area. The...
PNB MetLife has launched ‘360 BIZ’, a digital platform.
Two significant developments have been announced in the fields of insurance and technology. Firstly, PNB MetLife has launched a new digital platform called '360 BIZ' aimed at simplifying group insurance and employee benefits administration for companies. This platform seeks to provide a seamless and transparent experience for both employers and employees through an integrated digital interface. The introduction of '360 BIZ' is expected to enhance the overall employee experience by making it...
Tata AIA Tops India in MDRT Rankings for Third Consecutive Year – ThePrint – ANI Press Releases
Tata AIA Life Insurance Company has achieved a remarkable milestone by ranking 4th globally in the Million Dollar Round Table (MDRT) rankings. MDRT is considered the gold standard in financial advice, and being a member is a testament to an advisor's expertise, ethical conduct, and commitment to delivering excellent service. Tata AIA's MDRT-qualified advisors have demonstrated the highest level of professional knowledge, ensuring that consumers receive exceptional service and guidance. The...
Insurers may pass on the best benefits to customers following GST cuts, according to Edme Insurance Brokers’ COO.
Edme Insurance Brokers Ltd., formerly Aditya Birla Insurance Brokers Ltd., is working closely with insurers to determine the pricing of products following the GST Council's decision to reduce the GST on individual life and health insurance policies from 18% to 0%. According to Gaurav Gupta, Chief Operating Officer of Edme Insurance Brokers Ltd, the reduction in GST will impact insurers' ability to avail input tax credit, which was previously used for brokerage, commission, and overhead...
Almost two thirds of mid-retirees have not had essential conversations about finances
A recent study by Aviva and Age UK has found that many mid-retirees in the UK are not prepared for the financial challenges of retirement. The survey of 1,000 mid-retirees (aged 65-75) found that almost two-thirds (64%) have not had essential conversations with family or friends about managing their financial affairs should they become unable to do so independently. Additionally, only a third (36%) of mid-retirees know all the details of their partner's pension, and more than four in five...
ManipalCigna Diwali Health Insurance’s campaign ‘Jiske Paas, Lakshmi Maa Karein Waha Niwas’ redefines prosperity to address India’s health insurance deficit
As India celebrates the festival of Diwali, ManipalCigna Health Insurance has launched a new campaign titled "Health Insurance Jiske Paas, Lakshmi Maa Karein Waha Niwaas," which translates to "Where there is health insurance, Goddess Lakshmi resides." The campaign aims to remind people that while wealth and prosperity are important, they can only be truly enjoyed when health is protected. During Diwali, families often focus on decorating their homes, buying gifts, and welcoming Goddess...
ABL Secures Rig Moving Assignment with India’s ONGC
ABL has been appointed by United India Insurance to oversee the Oil and Natural Gas Corporation's (ONGC) rig moves in India. The contract, which runs from September 2025 to May 2026, involves ABL acting as a marine warranty surveyor for 25 anticipated ONGC rig moves. Additionally, ABL will be involved in 70 moves onboard third-party Jack-up units within ONGC's fields off the west coast of India. This includes 34 rig moves to new locations ahead of the Indian monsoon season from March to June....
Aviva deepens partnership with Hyperexponential – Coverager
Aviva, a leading insurance company, has strengthened its partnership with hyperexponential, a technology firm specializing in data analytics and artificial intelligence (AI). The collaboration aims to enhance Aviva's data-driven decision-making capabilities and drive business growth. Hyperexponential's innovative platform uses advanced analytics and machine learning algorithms to process large datasets, providing actionable insights that help insurers like Aviva optimize their operations,...
PNB MetLife has launched ‘360 BIZ’, a digital platform.
Two significant developments have taken place in the Indian market. Firstly, PNB MetLife has launched a new digital platform called '360 BIZ' aimed at simplifying group insurance and employee benefits administration for companies. This platform seeks to provide a seamless and transparent experience for both employers and employees by integrating all aspects of group insurance into a single digital interface. The introduction of '360 BIZ' is expected to enhance the overall employee experience...
Scorching Summers Ahead: Why Your Car Needs Summer Protection Cover Against Heatwave Damage
As the Indian summers continue to intensify, with over 200 heatwave days recorded in 2023, car owners are advised to take proactive steps to protect their vehicles from the extreme heat. Prolonged exposure to high temperatures can lead to expensive repairs and safety hazards, affecting the battery life, tyre pressure, and engine performance. To mitigate these effects, car owners can take several precautionary steps, including parking in the shade, ventilating the car before driving, checking...
OPD Health Insurance Cover: Understanding What’s Included and How it Works
OPD (Outpatient Department) health insurance cover is designed to provide financial protection against medical expenses incurred when receiving treatment or consultation as an outpatient. This type of coverage is crucial because it helps manage the costs associated with doctor consultations, diagnostic tests, and treatments that do not require hospital admission.
What Does OPD Health Insurance Cover Include?
- Doctor Consultations: Fees for consulting doctors and specialists.
- Diagnostic Tests: Expenses for blood tests, X-rays, MRI scans, and other diagnostic procedures.
- Medications and Prescriptions: Costs of medicines and drugs prescribed by doctors.
- Physiotherapy Sessions: Expenses related to physical therapy treatments.
- Dental and Ophthalmology Treatments: Certain insurance plans may cover dental procedures and eye treatments.
How Does OPD Health Insurance Work?
- Policy Purchase: An individual buys an OPD health insurance policy, either as a standalone policy or as part of a comprehensive health insurance plan.
- Premium Payment: The policyholder pays a premium, which can be monthly, quarterly, half-yearly, or annually, depending on the terms of the policy.
- Treatment or Consultation: When the policyholder requires medical attention, they visit a doctor or a hospital (if it’s part of the network) without needing to be admitted.
- Claim Process: Depending on the insurance provider, the policyholder may need to pay upfront and then claim reimbursement or have the expenses directly settled by the insurance company if it’s on a cashless basis.
- Coverage and Limitations: The insurance company covers the expenses as per the policy terms, which may include sub-limits (a limit on the coverage for specific expenses), co-payments (a portion of the expenses that the policyholder must pay), and exclusions (expenses or treatments not covered by the policy).
Understanding the specifics of an OPD health insurance cover, including what is included and how it operates, is essential for making informed decisions about health insurance needs. Always review the policy terms and conditions carefully to ensure the coverage aligns with your health care requirements.
Outpatient Department (OPD) health insurance cover is a type of insurance that provides financial support for routine medical expenses that do not require hospitalization. This type of coverage is essential for managing the costs of doctor consultations, diagnostic tests, prescription medicines, and minor procedures. According to Policybazaar, OPD benefits typically cover general physician visits, specialist consultations, blood tests, X-rays, MRIs, and pharmacy bills. The cost of a single...
Tata AIA has introduced Health Buddy and Health SIP, providing comprehensive protection for individuals.
Tata AIA Life Insurance has introduced two innovative solutions to address the health challenges faced by families in India. The first solution is Tata AIA Health Buddy, a 24x7 virtual health and wellness companion that provides round-the-clock access to various health services. This includes preventive check-ups, vaccinations, doctor consultations across 24 specialties, medical second opinions, fitness and diet guidance, and wellness consultations for women and dental care. The service is...
Edelweiss Alts, a stressed assets fund, has formed a governance committee and settled a case with the Securities and Exchange Board of India (SEBI).
The Edelweiss group's alternative investment arm and its stressed assets fund have settled allegations with the Securities and Exchange Board of India (SEBI) regarding conflicts of interest and failure to act in the best interest of investors. The allegations were raised in a show-cause notice issued by SEBI in July 2024, which claimed that the fund and its manager had failed to exercise independent professional judgment and had submitted inaccurate information to its trustee. To address these...
Indian PSUs and NGOs shine at THE INDIANPSU CSR Impact Award – 2025
The INDIANPSU CSR Impact Award 2025 was a memorable evening held at the Mirza Ghalib Chamber, SCOPE Convention Centre in New Delhi. The event was attended by a large and enthusiastic audience, with Chairman Prasar Bharati, Mr. Navneet Kumar Sehgal, as the Chief Guest. Mr. Sehgal praised the efforts of Public Sector Undertakings (PSUs) in building the nation and expressed hope that loss-making PSUs will soon turn profitable. The guests of honor included Mr. Deepak Mishra, Mr. Rajeev Agarwal,...
Radhika Gupta explains how Edelweiss MF’s new Multi Asset Omni FoF offers a simple yet powerful construct.
Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, has addressed the growing demand for hybrid-style index funds. While a regulatory framework for these funds is currently lacking, Gupta suggests that Fund of Funds (FoFs) can achieve similar outcomes. She highlighted Edelweiss Mutual Fund's new Multi Asset Omni FoF, which offers diversified exposure across asset classes with a static allocation of 65% in large and midcap equities, 20% equally divided between gold and silver, and 15% in debt....
Oscar Health launches 2026 DFW plans with $0 virtual care
Oscar Health, Inc. is introducing affordable, tech-powered health plans for individuals, families, and businesses in the Dallas/Fort Worth region. The plans will be available on the individual marketplace for 2026 Open Enrollment, starting January 1, 2026. The company offers a range of plans, including Bronze, Silver, and Redesigned Gold Plans, which provide coverage options for all budgets, health needs, and cultural backgrounds. The plans include convenient access to top providers, $0...
Treatment up to ₹5 lakh; Norka Care health insurance launched; Registration still open
The Government of Kerala has launched a health and accident insurance scheme called Norka Care, which is now active and covering over 4 lakh Malayalis. The scheme, implemented in association with New India Assurance, provides medical coverage of up to ₹5 lakh and accidental death coverage of up to ₹10 lakh. The insurance policy is available to both domestic and overseas Malayali expatriates, and individuals up to the age of 70 years can enroll. As of October 31, a total of 1,02,524 families...
Jammu and Kashmir government constitutes UT-Level Insurance Committee to enhance insurance coverage
The Government of Jammu and Kashmir has established a Union Territory Level Insurance Committee (UTLIC) to oversee the implementation of the UT Insurance Plan. This committee aims to increase insurance awareness and penetration throughout the Union Territory. The decision was formalized through a government order issued by the General Administration Department on July 9, 2025. The committee will be headed by the Administrative Secretary of the Finance Department and will comprise top officials...
IFFCO-Tokio ventures into Surety Bonds sector
IFFCO-Tokio General Insurance has introduced its surety bonds business, a move aimed at supporting India's growing infrastructure sector. Surety bonds are legally binding contracts that serve as a risk-mitigation tool for projects, providing an alternative to traditional bank guarantees. By launching this product, IFFCO-Tokio seeks to increase access to surety bonds for contractors, particularly small and medium-sized firms, and foster trust among stakeholders. The construction sector in India...
Rising health insurance costs are affecting Kansans as Congress debates subsidies.
The rising cost of health insurance is affecting many Kansans, particularly those who rely on the Affordable Care Act (ACA) marketplace for coverage. As Congressional lawmakers debate the future of healthcare subsidies, Kansas residents are facing increased premiums and deductibles, making it difficult for them to afford essential medical care. In Kansas, the average benchmark premium for a 40-year-old individual has increased by 10% this year, with some plans experiencing hikes as high as...
Aditya Birla Capital has appointed Vishakha Mulye as its new Managing Director and Chief Executive Officer.
Vishakha Mulye is a seasoned executive and the current Managing Director and CEO of Aditya Birla Capital Limited (ABCL). She has been instrumental in driving the company's transformative journey, anchored on the principles of 'One Customer, One Experience, and One Team'. Under her leadership, ABCL has expanded its offerings across various financial services, including loans, investments, insurance, and payments. The company has also developed an omnichannel D2C platform, delivering...
Tata AIA has introduced a term plan that offers both lump-sum and monthly income benefits.
Tata AIA Life Insurance has launched a new term insurance plan called Shubh Family Protect, which offers a unique combination of an immediate lump-sum payout and monthly income for beneficiaries for 10 to 30 years. This product is positioned as a first-of-its-kind solution that addresses the challenges families face in managing large payouts after a policyholder's death. The plan allows policyholders to nominate multiple beneficiaries, including spouses, children, and parents, and offers...
Dr. Awasthi has bid farewell following 40 years of providing visionary leadership.
Dr. Udai Shanker Awasthi, the Managing Director of the Indian Farmers Fertiliser Cooperative Limited (IFFCO), will retire on July 31, 2025, after a distinguished career spanning over four decades. During his tenure, Dr. Awasthi has played a pivotal role in transforming IFFCO into a world-renowned cooperative conglomerate, elevating it to unparalleled global prominence. As a chemical engineer from Banaras Hindu University, Dr. Awasthi joined IFFCO in 1976 and rose through the ranks to become...
Aviva refused to provide assistance to our ailing son following a five-month waiting period.
A family in Belfast has been struggling to care for their 16-year-old son who has a degenerative disease called spinal muscular atrophy with respiratory distress (SMA-RD). The disease has left him paralyzed in all four limbs and in need of round-the-clock care. The family has been paying £60 a month for a critical illness policy with Aviva since 2007, but the insurance company has refused to pay out, citing that the condition was present at birth and therefore not covered. The family's son was...
Edelweiss MF’s Altiva Hybrid Long-Short SIF collects Rs 320 crores
Edelweiss Mutual Fund has successfully closed its first fund, the Altiva Hybrid Long-Short Fund, under the Altiva SIF platform, raising approximately Rs. 320 crore. The fund's successful subscription reflects the growing demand for innovative and resilient investment solutions that combine stability with tax efficiency. According to Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, the success of the fund reinforces the trend of investors seeking structured, multi-strategy products that can...