Breaking Insurance News!

Latest additions

Family Health Insurance Costs Doubled in 7 Years, Study Finds by The New York Times - Jan 27,2012 If you’ve seen your health insurance premiums increase along with your deductible, you’re not alone. A recent study by the Commonwealth Fund shows just how much more consumers are paying for employer-provided health insurance. Total premiums — the amount ... [full story]

U.S. Commercial Property-Insurance Rates to Climb, Marsh Says by Bloomberg.com - Jan 27,2012 (Bloomberg) -- U.S. businesses will probably pay more this year for property coverage after insurers took losses from natural disasters and investment income declined, Marsh & McLennan Cos.’s insurance brokerage said. Half of U.S. clients surveyed by broker Marsh ... [full story]

Cruise liners need tighter safety rules - insurers by Reuters - Jan 25,2012 LONDON, (Reuters) - Passenger ship operators should tighten up safety procedures and crew training standards to prevent a repeat of the Costa Concordia shipwreck, potentially the costliest marine insurance loss on record, shipping insurers said on Tuesday, "In the ... [full story]

FHA Raises Subprime Debt Insured for Housing Rebound by Bloomberg.com - Jan 25,2012 InsuranceHeadlines (Bloomberg) -- In Honolulu, on the southern coast of the island of Oahu, there’s a four-bedroom home priced at $785,000 that has views of the sun setting over the Pacific Ocean. The beaches of Waikiki are 15-minutes away. ... [full story]

Making Sense of Hurricane Models by Insurance Networking News - Jan 24,2012 To model for natural disasters, insurance companies rely on modeling expertise from firms such AIR Worldwide, RMS and EQECAT. By doing so, they can avail themselves of a deep well of scientific knowledge and models consistently improved to reflect ... [full story]

Workers compensation insurers face unprofitable future by BusinessInsurance.com - Jan 24,2012 Signs point to more unprofitable years ahead for the workers compensation insurance industry, according to a Standard & Poor's Corp. report released Monday. While pricing for workers comp insurance modestly improved during the latter part of 2011, New York-based ... [full story]

Availability, pricing of coverage main concerns for insurance buyers by BusinessInsurance.com - Jan 24,2012 A survey of a global coalition of insurance brokers finds that nearly all believe the top concern facing their clients is the availability and pricing of coverage. The issue is particularly challenging for buyers with large natural catastrophe and ... [full story]

A Bevy of Regulatory Issues for Insurers by Insurance Networking News - Jan 23,2012 On both the federal and international levels, 2012 will be a profoundly important year in the realm of insurance regulation. Few people are likely more cognizant of this than Ben McKay, SVP of federal government relations for the Property ... [full story]