The government is implementing its ambitious farm insurance schemes, Pradhan Mantri Fasal Bima Yojana and the Unified Package Insurance Scheme, without involving the four public sector general insurers, which control almost 50 per cent of the market share. (IE) Health insurance for alternative treatments like Ayurveda, Yoga, Unani, Siddha and Homoeopathy (Ayush) is set to expand with the Centre taking steps to get insurers to develop packages for traditional treatments. (HBL) Future Generali has launched a new product called Health Total in which a policyholder has the option to pay premium in monthly, quarterly and half-yearly installments. (profit.ndtv.com) BJP Mazdoor Morcha State president K.V. Subba Rao said the Central government has introduced an insurancescheme for the benefit of 52 crore workers in the unorganized sector and exhorted the workers to utilise it. (The Hindu) The World Bank on Saturday said it was launching a $500 million, fast-disbursing insurance fund to combat deadly pandemics in poor countries, creating the world's first insurance market for pandemic risk. (medicaldaily.com) A proposed rate hike for automobiles insured by Allstate will go in effect May 22, the Insurance and Safety Commissioner's office says. (11alive.com) The Thai government is considering a plan which will make it compulsory for rice farmers to insure their rice crops with insurance companies which, in the long run, will ease the government’s burden in helping farmers. (news.thaivisa.com) ASIC has suspended an AFSL after it found the licensee did not have current professional indemnity insurance to cover breaches by its representatives, some of which provide financial advice on superannuation. Source - http://www.indiainfoline.com