Rappler's latest stories on insurance
At least $9 billion in insurance claims from California fires
'The devastating wildfires of 2018 were the deadliest and costliest wildfire catastrophes in California's history," says California Insurance Commissioner Dave Jones.
Supreme Court: Tax on non-life insurance still effective
The Supreme Court reverses an earlier ruling of the Makati City Regional Trial Court
Another PhilHealth acting president accused of corruption
Employees tell the Ombudsman PhilHealth acting president and CEO Roy Ferrer continued to be reimbursed by PhilHealth as a private doctor while receiving salaries and allowances as its board member
FWD Life Philippines launches new financial protection Set for Tomorrow
Set for Tomorrow is financial protection for those you leave behind
Cyber insurance market to double by 2020, says reinsurance firm
Companies may more than double their spending on cyber insurance from $3.4 to $4 billion in 2017 to $8 to $9 billion by 2020, according to Munich Re
BSP shuts down Batangas-based Tiaong Rural Bank
Tiaong Rural Bank, Inc. is the 6th problmatic bank to be shut down this year
COA to PhilHealth: Return P164-M illegal perks
The Commission on Audit reminds PhilHealth that its operating fund is mainly sourced from members' contributions which 'should be managed and protected with utmost integrity'
Duterte to certify as urgent universal healthcare coverage bill
Supporters of the bill say the proposed measure would give Filipinos the 'full spectrum' of health services but its critics fear it would allow private facilities to dominate the health care system
The millennials' guide to choosing a financial advisor
Chances are, you’ve already encountered one or more of these kinds of advisors
Employees hold nationwide vigil to protest PhilHealth mismanagement
(UPDATED) From Luzon to Mindanao, employees unite to protest the grave abuses inside the Philippine Health Insurance Corporation. They send photos deliberately blurred to hide their identities.
Congress pushes for climate-based crop insurance
Senator Cynthia Villar, chair of the Senate agriculture committee, says she expects the climate-based crop insurance law to be approved within the year
House to investigate PhilHealth OIC's excessive travels, hotel stays
Surigao Del Norte 2nd District Representative Johnny Pimentel says he will schedule a probe in August into the lavish lifestyle of PhilHealth interim president Celestina De la Serna
Garin, Padilla face graft complaint over P10.6-B PhilHealth seniors' fund
Former health secretary Janette Garin and ex-PhilHealth CEO Alex Padilla deny the accusation, saying there was no money lost or stolen when they used the fund to establish health centers nationwide
Contrary to OIC claim, PhilHealth rents housing for its officers
Documents and photos contradict the claim of interim president Celestina Ma Jude de la Serna that PhilHealth 'doesn't have a service apartment' so she has to stay in hotels
Concerns over State Insurance Fund's sustainability after pension benefits hike
Labor group Sentro raises questions on the sustainability of the State Insurance Fund after President Rodrigo Duterte signed an executive order raising pension benefits of disabled workers
PhilHealth OIC seeks meeting with Duterte to defend trips
'If somebody from Malacañang is watching, I am waiting for the President to call me or if I can set an appointment with him, at least hear my side,' says PhilHealth interim president Celestina Ma Jude de la Serna
PhilHealth OIC spends P627k for travels amid P9-B net loss in 2017
State auditors ask PhilHealth interim president Celestina Ma. Jude de la Serna to explain the 'irregular' allowances she received, amounting to almost a million pesos in 2017
GT Capital spending over P100 billion in 2018
The listed holding firm of tycoon George Ty plans to go big this year with its banking unit's expansion plans
Italian insurer Generali refocuses on lucrative PH market
Having focused on niches such as employee benefits and BPOs since its partnership with BDO ended, Generali is now on expansion mode
SC suspends lawyer Eligio Mallari for delaying tactics
Eligio Mallari is the lawyer who filed separate complaints against Overall Deputy Ombudsman Carandang and Chief Justice Sereno
Investing for your child and Paying it Forward
The GradMaker app from Manulife gives parents the opportunity to invest in their child’s future and Pay It Forward to children in need
Shifting mindsets, Big Data, and mass personalization in the financial services industry
How do financial institutions stay afloat – and sail on – in the face of rapid modernization? By listening closely to their clients, says Sun Life Financial’s Mylene Lopa
Storm caused 90 million euros in damage – Dutch insurers
The Dutch Association of Insurers cautions it had not yet added in the cost of any havoc to businesses, government buildings and the agriculture sector
National Press Club wins anew in legal battle vs GSIS
The Court of Appeals affirmed an order by the Regional Trial Court dismissing the estafa complaint filed by GSIS against former officers of the NPC in connection with the sale of a Vicente Manansala mural
U.S. drugstore chain CVS to buy medical insurer Aetna for $69B
The merger between CVS and Aetna comes amid rising medical costs for many citizens and employers, including prescription medicines
COA holds SSS President Dooc liable for crashing office car
Emmanuel Dooc is found negligent for dozing off behind the wheel of his government-issued car in 2015, when he still headed the Insurance Commission
Briones eyes mandatory financial literacy workshops for teachers
Education Secretary Leonor Briones says teachers must be smart about their finances since they will soon teach students about financial literacy as mandated by law
Criticisms vs DepEd over teachers' loans are 'misplaced' – Briones
DepEd Secretary Leonor Briones says they had to step in and make sure teachers' loans from GSIS are being paid, because 26,000 teachers did not receive retirement benefits in 2016 due to unpaid debts
GSIS, SSS have biggest undistributed collections – COA
GSIS has undistributed collections totaling P11.51 billion in 2016, while the SSS has P1.135 billion
PH leads call for innovative climate finance for vulnerable countries
The Philippines needs to get support for data gathering and capacity building, says Senator Loren Legarda, head of the Philippine delegation at the 23rd UN Climate Change Conference
Duque wants universal healthcare in PH by 2030
Health Secretary Francisco Duque III also aims to make the DOH the top performing government agency under the Duterte administration
SSS eyes benefits for unemployed in proposed charter amendment
SSS Chairman Amado Valdez says they are studying the creation of an insurance program for Filipinos who are unemployed through no fault of their own
DepEd to restore teachers' loan deductions on October 30
The DepEd says GSIS and Pag-IBIG Fund loan payments deducted from teachers' salaries this month would be returned to their bank accounts
PhilHealth to reimburse fees regardless of hospitalization period
PhilHealth members' confinement fees will now be covered if they were admitted due to pneumonia, acute gastroenteritis, and UTI even for just a day
DepEd assures teachers of P4,000 pay even with loan deductions
Education Secretary Leonor Briones says they are examining emergency measures 'to assuage the situation' of teachers affected by the recent loan deductions
Teachers' group cries foul over loan deductions from take-home pay
Education Secretary Leonor Briones says public school teachers' loans are now at P300 billion: 'Are you going to suffer the pain now and look for solutions or continue the same practice until your loans will accumulate?'
House passes bill giving all Filipinos health insurance
A counterpart measure seeking universal health coverage Bill Number 1458 is pending before the Senate
A mother overcomes struggles with the help of insurance
Motivated by her kids Charlene did everything she could to keep them in school after her husband passed away
Rising migration demands 'roaming' health coverage
ASEAN can be act as a launching pad for roaming coverage as does the EU which allows roaming health coverage for any EU citizen in any EU country
DOH seeks more funds for health facilities in 2018
The P103 602 billion proposed DOH budget for next year includes funds to build 1 497 barangay health stations improve 353 hospitals and hire around 24 400 medical practitioners
Kanye West sues insurer for $10 million over canceled tour
The rapper canceled the second leg of his Saint Pablo Tour in November 2016
How can you prepare for your children’s future?
Watch Judy Ann Santos and her friends react to Sun Life s short film about parenting and discuss ways they secure their children’s future
Looking for a legit, but easier third-party liability insurance?
Save yourself from worrying about hassle or long lines at the LTO
How can you protect your health?
Watch Piolo Pascual and his friends discuss how you can make sure health won t be a financial issue in the future
How millennials can secure their future
It’s never too early to start thinking ahead
Allianz PNB Life Insurance partners with HSBC for distribution
The first product of the tie up is a single pay investment linked life insurance plan that gives access to the Allianz Global Investors Fund
AXA bullish on PH insurance market, plans new IT center
The firm now the 2nd largest life insurer in the country following its acquisition of Charter Ping An last year is expanding its health and general insurance offerings
WATCH: The best investment you can make
Staying healthy doesn t just save you from expensive medical bills Now it can even help you earn for the future
When it's time to get serious about your health
Is your lifestyle now affecting your risk for diseases in the future?
5 non-life insurance firms intend to close down
The companies fear they will not be able to comply with future capital requirements by the Philippine Insurers and Reinsurers Association
