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PETALING JAYA: Motor insurance practices that are allegedly unfair to consumers are now being sorted out by the authorities and the Federation of Malaysian Consumers Association (Fomca).These alleged practices include failure to cover the full amount of repair costs quoted, lengthy claim settlements that drag on for months and refusal to compensate consumers for loss of use of the vehicle.
HANOI (Vietnam News/ANN): Local credit institutions are enjoying a rise in bancassurance activities with more exclusive deals coming, according to industry insiders.
KUALA LUMPUR: Offshore drilling company Velesto Energy Bhd will focus on recovery efforts of its rig, Velesto Naga 7, which submerged off the coast of Sarawak on May 4.
Bank of America Corp is devoting more resources to fighting cyberattacks after seeing a jump in threats amid the pandemic.
WARREN Buffett delivered a clear verdict Saturday on the state of the US economy as it emerges from the pandemic: red hot.
Make telemedicine your first choice for most doctor visits. That’s the message some US employers and insurers are sending with a new wave of care options.
Buffett has struggled in recent years to keep up with Berkshire’s ever-gushing cash flow.
Political hand-wringing in Washington over Russia’s hacking of federal agencies and interference in US politics has mostly overshadowed a worsening digital scourge with a far broader wallop: crippling and dispiriting extortionary ransomware attacks by cybercriminal mafias that mostly operate in foreign safe havens out of the reach of Western law enforcement.
SINGAPORE (The Straits Times/ANN): Three Singaporean men were convicted in a district court on Wednesday (April 28) over the roles they played in a corruption case involving S$124,000 and linked to a man who was then the labour attache of the Indonesian embassy here.