News
Supreme Court lets drivers recover shared-fault deductibles from other insurer
52+ min ago (13+ words) CHOSUNBIZ Chosunbiz...
Korea warns consumers as fake insurance check centers sell personal data
4+ day, 2+ hour ago (217+ words) As more database firms collect personal information by touting "insurance checkup centers" or "coverage analysis" and sell it to corporate insurance agencies (GAs; General Agency), financial authorities issued a consumer alert. The concern is that people could be exposed to…...
Low delay interest fuels rising insurance payout holdups in South Korea
2+ mon, 1+ week ago (12+ words) CHOSUNBIZ'Chosunbiz...
Insurers fund Korea's 8-week car injury review amid fairness concerns
3+ mon, 1+ day ago (13+ words) CHOSUNBIZ'Chosunbiz...
Korea's auto insurers raise premiums as loss ratios stay in red at 86%
3+ mon, 1+ week ago (210+ words) Insurers implemented auto insurance premium hikes last month due to accumulated losses, but the loss ratio is still in negative territory. According to the non-life insurance industry on the 24th, the auto insurance loss ratio of the five major non-life insurers'Samsung…...
FSS cracks down on insurers for false advertising that misleads consumers
5+ mon, 3+ week ago (27+ words) The Financial Supervisory Service decided to closely examine false and exaggerated advertising in future inspections to prevent the misselling of insurance products. It also considered that excessive. .....
Auto insurance premiums rise 1. 31. 4% in South Korea
5+ mon, 3+ week ago (11+ words) CHOSUNBIZ'Chosunbiz...
MOLIT and FSS propose TACSS review for 8-week auto insurance disputes
6+ mon, 10+ hour ago (13+ words) CHOSUNBIZ'Chosunbiz...
Korean insurers to raise auto premiums about 1. 31. 5% next year
6+ mon, 1+ week ago (13+ words) CHOSUNBIZ'Chosunbiz...