Senators have called on government agencies to provide stronger cybersecurity measures to prevent attacks such as what happened to the Philippine Health Insurance Corporation (PhilHealth). Sen. Grace Poe said that any cyber attack is unacceptable, especially against government data systems. "As...
Vice President and Education Secretary Sara Duterte on Thursday, Oct. 5, said that a Personal Accident Insurance policy is now active for all teachers and personnel of the Department of Education (DepEd) as she works in her concurrent capacity as Education chief to address the challenges faced by...
Land titles from the state-run Government Service Insurance System (GSIS) were given to at least 70 beneficiaries under the Pabahay sa Bagong Bayaning Manggagawa (PBBM) initiative. The PBBM initiative is a GSIS housing program that was introduced last May. It is a three-tiered strategy to support...
The health maintenance organization (HMO) industry recorded a net loss in the first half of the year, reversing the previous year's profit, data from the Insurance Commission (IC) showed. According to the recently released IC report, the HMO sector registered losses amounting to P1.186 billion from...
Car owners with comprehensive insurance for their motor vehicles are not required to buy compulsory third-party liability (CTPL) coverage when registering with the Land Transportation Office (LTO). Insurance Commissioner Reynaldo A. Regalado said comprehensive insurance coverage should meet the...
State-owned Government Service Insurance System (GSIS) has introduced a loan program for teachers with longer payment terms and lower interest rates. In a statement on Tuesday, Sept. 26, GSIS President and General Manager Wick Veloso said that this initiative aligns with the Department of...
Sen. Mark Villar called on the Senate to conduct an inquiry in aid of legislation following a recent cyberattack against the Philippine Health Insurance Corporation (PhilHealth) and all the other attacks against government websites. Villar filed Resolution No. 811 before the Senate directing...
The Philippine Health Insurance Corporation (PhilHealth) Management on Saturday, Sept. 23, released an update on the the temporary downtime in its system and assured the public that this will be restored at the "soonest possible" time. Photo credit to PhilHealth "We are working to restore...
Sen. Raffy Tulfo on Thursday, September 21, criticized the Social Security System (SSS), the Philippine Health Insurance Corporation (PhilHealth), and the Home Development Mutual Fund or Pag-IBIG for not doing enough to ensure that employers have enrolled their "kasambahays" and are paying their...
The combined premiums of the insurance industry registered a decline in the first six months of the year, data from the Insurance Commission (IC) revealed. Based on reports provided by 128 out of 136 licensed life and nonlife insurers, as well as mutual benefit associations (MBAs), the total...
AGRI Party-list Rep. Wilbert T. Lee (Facebook) AGRI Party-list Rep. Wilbert T. Lee was able to secure a commitment from the Insurance Commission (IC) for the revocation of a circular that would have imposed a whopping 400 percent increase in minimum...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
