ABI warns on storm insurance costs
by Brian Turner
Story link: ABI warns on storm insurance costs
According to the Association of British Insurers, the worldwide costs related to major storms could increase by 66 percent by the year 2080 unless something is done to reduce or reverse global warming.
If steps are not taken, the yearly worldwide costs of cleaning up after storms could reach £15 billion ($27 billion), the […]
Insurance with drugs licensing under spotlight
by Brian Turner
Story link: Insurance with drugs licensing under spotlight
Health care professionals and insurers in the UK are trying to sort out the difficult question of who is to pay for new and expensive drugs for patients with serious conditions, sometimes before the drug has been licensed and is only being used on an experimental basis.
It is a controversy currently being negotiated […]
Lloyd’s of London offer insurance after Virgin steps in
by Brian Turner
Story link: Lloyd’s of London offer insurance after Virgin steps in
Due to the intervention of thousands of people signing a petition and of Sir Richard Branson, the last functioning B-17 bomber in Europe will be able to participate in a fly-over during the commemoration of the 60th anniversary of the end of World War II.
Lloyd’s of London offered three-months insurance coverage to the […]
Protestors told need insurance to march
by Brian Turner
Story link: Protestors told need insurance to march
A protest rally organized around the G8 conference in Scotland was told that it could only go forward if insurance worth £5 million is secured by G8 Alternatives, the organization conducting the march. The premium for such coverage would cost around £30,000.
G8 Alternatives said that they could not afford that much for […]
Life insurance information used for cancer treatments
by Brian Turner
Story link: Life insurance information used for cancer treatments
Data from life insurance companies is being used on a trial basis to determine which treatments will be most effective for individual patients with prostate cancer.
The insurance information is consulted to predict the life expectancy of the patients based on what type of prostate cancer they have.
Those predictions are then used […]
