While there have been cases of bills returning to the Lower House after amendments in the Upper House, it has never happened with the budget. Read more
The Financial Services Agency is asking life insurers about the scale of the practice and the type of contracts they have in place. Read more
The expense ceiling hike is slated to be conducted in three stages from this year to 2027. Read more
Many patients, especially those undergoing costly but effective cancer therapy, say a hike might force them to abandon their treatments. Read more
Despite mounting losses from climate-induced disasters, insurers continue underwriting fossil fuels. Raising the cost of such policies would help cut emissions and benefit many. Read more
Japan’s biggest life insurer will establish a new headquarters division in late March to manage its foreign businesses, and absorb related departments into that organization. Read more
The Toyota subsidiary and Goodspeed are suspected of illegal practices such as discounting vehicles in exchange for buying specific insurance products. Read more
The total cost in climate damages for the country through 2050 could amount to ¥952 trillion if more ambitious action isn’t taken. Read more
Santa Ana winds and wildfires are natural to California, but climate change and human development have made them far more destructive. Read more
Federal prosecutors have charged Luigi Mangione with the federal crime of murder using a firearm, two charges of stalking and a charge of using an illegal gun silencer. Read more