Laws & Regulations

Why Is NANS Backing Nigeria’s Insurance Sector Reforms?
Technology & Trends Why Is NANS Backing Nigeria’s Insurance Sector Reforms?

The National Association of Nigerian Students is prioritizing long-term economic stability by backing the Commissioner for Insurance and his strategic reform agenda. Representing a massive demographic of over 40 million students across universities, polytechnics, and colleges of education, the

Progressive Reaches $8 Million Settlement Over Delayed PIP Payments
Insurance Progressive Reaches $8 Million Settlement Over Delayed PIP Payments

Texas policyholders who experienced delays in receiving their personal injury protection benefits may now be eligible for financial recovery through a court-approved settlement agreement. For many years, the ongoing tension between insurance carriers and their clients has often centered on the

Who Is Responsible in the Phoenix v. Harleysville Dispute?
Insurance Who Is Responsible in the Phoenix v. Harleysville Dispute?

A single puddle of water on the floor of a Stafford Township Costco might seem like a routine maintenance mishap, but it has ballooned into a multi-million-dollar federal showdown between two of the nation's largest insurance conglomerates. While the standard personal injury case typically reaches

How Will New Reforms Modernize Friendly Societies?
Insurance How Will New Reforms Modernize Friendly Societies?

For over two centuries, friendly societies have stood as pillars of community-driven financial security, yet their current operational framework remains trapped in a legislative structure that predates the digital revolution by several decades. This stagnation has created a widening gap between the

What Happens When Your Pension Is Sold to an Insurer
Insurance What Happens When Your Pension Is Sold to an Insurer

Major American corporations like IBM and AT&T have recently offloaded billions of dollars in pension promises to insurers to remove unpredictable long-term risks from their balance sheets. This strategic shift, known as a pension risk transfer, has fundamentally altered the retirement landscape for

Why Is the Terrorism Risk Insurance Program Being Extended?
Insurance Why Is the Terrorism Risk Insurance Program Being Extended?

The shift toward a 2034 expiration date provides the stability required for the financial and insurance sectors to negotiate long-term development and construction loans. By passing the Terrorism Risk Insurance Program Reauthorization Act of 2026 (S. 4395), the United States Senate has underscored

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