They also
encouraged new insurers to enter the market.
Not exact matches
Ottawa should
encourage widespread investment in existing and
new infrastructure by institutional investors, such as pension plans and
insurers, according to a
new report from the C.D. Howe Institute...
Silveira says that some
insurers and stakeholders have
encouraged primary care physicians to talk to healthy patients about whether they have completed a will, but the
new findings suggest that the documents likely don't change the likelihood of hospitalization at the end of life or increase the likelihood the person will die at home.
Regulators need to: include climate risks in company solvency and consumer - impact analysis; review the «standards of insurability» to identify
new challenges, including climate - related hazards in the US and abroad;
encourage insurers to collect more comprehensive data on losses; elevate standards for catastrophe modeling; and assess exposure of
insurer investments and adequacy of capital and surplus to extreme weather events.
The pre-contract duty of disclosure has been replaced by a
new duty of fair presentation which is aimed at
encouraging active engagement by
insurers where disclosure is concerned.
If they could act as your guardian angel and reduce the likelihood of errors, professional indemnity
insurers will no doubt,
encourage lawyers to use the
new tools as they do now with better Practice Management Systems.
The bill also
encourages insurers to develop
new policies for drivers that could handle both commercial and personal vehicle use; it remains to be seen whether companies like Uber and Lyft will buy it for drivers, whether the drivers will have to buy it themselves, what it will cost, how much the additional costs will add to customers» fares and whether other states and cities will adopt similar rules.
According to Chris Gay, former CEO of the Dallas - based auto
insurer MileMeter (now defunct), this fairly
new and innovative insurance model will do more to
encourage consumers to drive less as well.
Some
insurers offer low prices in order to attract
new customers and
encourage existing customers to reduce risks.