Insurance is dominated by incumbent players who many of us associate with archaic, bureaucratic processes. That may be true, but let’s be honest—they’re still raking in the dough. They do, in fact, ...

OLYMPIA, Wash. – A bill to define insurance fraud as a Class B felony passed the Washington Senate in a unanimous vote on Tuesday. The bill, SB 6031, was requested by Washington’s Office of the ...

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.

KENYA: The gurus in insurance business define insurance as a risk transfer mechanism. This means that on payment of some little money (premium), the insurance company promises to pay your claim should ...

Instead, the rules attempt to define insurance products that are not swaps, but they do so in a way that raises a number of concerns regarding how certain products, including newer types of insurance ...