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National Insurance News

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10/31/2014 03:24 PM

Casey Kasem -- Lawsuit Over Who Gets HUGE Life Insurance Check - TMZ.com


TMZ.com

Casey Kasem -- Lawsuit Over Who Gets HUGE Life Insurance Check
TMZ.com
The dogfight over Casey Kasem's estate is now going to court -- his kids are waging war with his widow over a $2 million life insurance policy. MetLife actually filed the lawsuit ... telling the judge it's stumped. Both Jean Kasem and Casey's 3 kids ...
Casey Kasem - Casey Kasem's Children And Widow Battle Over Insurance MoneyContactmusic.com

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11/01/2014 05:07 AM

Here's How to Get the Best Deal on Car Insurance - Eventually - DailyFinance


DailyFinance

Here's How to Get the Best Deal on Car Insurance - Eventually
DailyFinance
He says insurance companies collect incredible amounts of data to set prices. "The sweet spot in the auto marketplace is someone who is recently retired but still vital," according to Agather. "They're not driving to work every day, still with it, and ...

 

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10/31/2014 07:38 PM

House Republican: Renew long-term terrorism insurance - The Hill


House Republican: Renew long-term terrorism insurance
The Hill
But since Hensarling's committee has jurisdiction over TRIA, industry stakeholders are concerned that Hensarling will push for a short-term, six- to nine-month reauthorization unless he's able to weaken the government's role in the insurance market.

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10/30/2014 07:17 PM

South Florida lawyers, chiropractors accused of insurance fraud - Sun Sentinel


WPTV

South Florida lawyers, chiropractors accused of insurance fraud
Sun Sentinel
Investigators with the Florida Department of Financial Services' Division of Insurance Fraud leave the Boca Raton law firm of attorney Cory Meltzer Thursday with boxes of evidence. The firm is accused of recruiting patients for insurance fraud. (Adam ...
At least five arrested in alleged car insurance fraud ringInsurance News Net
5 arrested in area insurance-fraud schemeWPTV
Major insurance scam bust in Boca RatonWPBF West Palm Beach

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10/30/2014 07:24 PM

Huntsville insurance broker federally indicted in mail fraud scheme - AL.com


Huntsville insurance broker federally indicted in mail fraud scheme
AL.com
According to the indictment, Mullins, an independent insurance broker and owner of Mullins Insurance Agency, developed a scheme to change customers' mailing addresses to his home address without their knowledge. He is accused of causing a client ...
Huntsville insurance broker indicted on fraud chargesWAFF
Huntsville insurance broker indicted for defrauding customersWAAY

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10/31/2014 11:20 PM

Trust protects life insurance proceeds - Monroe News Star


Monroe News Star

Trust protects life insurance proceeds
Monroe News Star
Question: I have decided to buy a pretty large life insurance policy on myself so that if something happens to me my wife can keep raising the kids. She would have to forgo much of her career to raise our kids alone, so it wouldn't be fair for her to ...

 

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11/01/2014 12:50 AM

Field Poll shows voters turning on malpractice, insurance propositions - SFGate


KPBS

Field Poll shows voters turning on malpractice, insurance propositions
SFGate
Proposition 45, which would give the state insurance commissioner the power to approve or reject health insurance rate changes, is also struggling. The poll found 30 percent of likely voters in favor, 42 percent against and 28 percent undecided. That ...
Money talks: Props. 45, 46 down sharplyCapitol Weekly
FIELD POLL: Some ballot measures ahead, some behind as election nearsPress-Enterprise

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10/29/2014 05:11 PM

Oklahoma treasurer: Billions of dollars are unclaimed across U.S. from life ... - kfor.com


Oklahoma treasurer: Billions of dollars are unclaimed across U.S. from life ...
kfor.com
OKLAHOMA CITY – State leaders are debating just how far insurance companies should have to go to track down beneficiaries of life insurance policies. Oklahoma State Treasurer Ken Miller says that 99 percent of life insurance policies across the country ...

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10/31/2014 02:40 PM

Obamacare's Healthcare.gov Improved for Insurance Sign Ups - U.S. News & World Report


Obamacare's Healthcare.gov Improved for Insurance Sign Ups
U.S. News & World Report
Last year Healthcare.gov, the federal government's website to help people sign up for health insurance, was riddled with technological bugs, from slow loading times to constant error messages, even keeping some from accessing the health insurance ...

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10/29/2014 07:16 PM

California's Proposition 45 Would Offer Public a Say on Health Insurance Rates - New York Times


New York Times

California's Proposition 45 Would Offer Public a Say on Health Insurance Rates
New York Times
LOS ANGELES — A year after the federal Affordable Care Act took effect, California voters are now considering another major change to health care: a ballot measure that would give state officials the authority to veto health insurance rate increases ...
B.S. Alert: Health Insurance Robber Barons Spend $56 Million vs. Prop 45's ...Huffington Post
Margie Keenan: Prop. 45 will make health insurance affordableOCRegister
Yes On 45 Supporters Deliver Steer Manure to Health Insurance CEOs at Nob ...Insurance News Net

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International Insurance News

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10/14/2014 08:29 AM

Venetico Marine SA vs International General Insurance Company Limited and ... - Lexology (registration)


Venetico Marine SA vs International General Insurance Company Limited and ...
Lexology (registration)
The IRENE EM (the "Vessel") was insured for hull and machinery, increased value and anticipated costs of replacement under several fleet policies. The hull and machinery policies comprised five policies subscribed by the first 18 defendants, and under ...

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10/03/2014 12:21 PM

S/Leone insurance company wins international award - StarAfrica.com


S/Leone insurance company wins international award
StarAfrica.com
Sierra Leone's International Insurance Company (IIC) has won the Acquisition International Finance Award 2014 as best insurance company in the West African country.The UK-based Corporate Finance Awards body said the award was giving out solely on ...

 

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09/29/2014 03:17 PM

China Life Insurance: Rising International Competition And Opaque Financials - Seeking Alpha (registration)


China Life Insurance: Rising International Competition And Opaque Financials
Seeking Alpha (registration)
This leaves LFC with tremendous long-term growth opportunities, but it also means that international competitors are flocking to China and are eager to take a bite out of LFC's business. This growth opportunity combined with the ever-present need for ...

 

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10/31/2014 04:24 PM

AIG to pay $35 million fine, says New York insurance regulator - Economic Times


West Texas News

AIG to pay $35 million fine, says New York insurance regulator
Economic Times
NEW YORK: Insurer American International Group will pay a $35 million penalty for violations related to former subsidiaries that solicited insurance business in New York without a license, the New York State Department of Financial Services said on Friday.
AIG to pay NY $35M to settle licensing allegationsMorganton News Herald

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10/30/2014 09:05 AM

XL Group Unveils Enhanced Yacht Insurance - CNNMoney


XL Group Unveils Enhanced Yacht Insurance
CNNMoney
XL Group plc (NYSE: XL), through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout ...

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10/30/2014 01:56 PM

Insurance broker Aon launches Ebola liability cover - GlobalPost


Insurance broker Aon launches Ebola liability cover
GlobalPost
It has been designed for U.S. hospitals, but could be adapted for the international market, she said. The policy has been developed with British insurance company Hiscox, and will be available through other brokers after 60 days, Aon said. (Reporting ...

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11/01/2014 07:17 AM

Samsung Life told to brace for 96-year life spans - Chicago Daily Herald


GlobalPost

Samsung Life told to brace for 96-year life spans
Chicago Daily Herald
Stung by the near-collapse of American International Group Inc. during the 2008 financial crisis, global insurance watchdogs have been forcing operators to strengthen their balance sheets. Korean regulators are also considering using a longevity risk ...
Korean Regulators: Insurers Must Boost Capital to Prepare for Aging PopulationInsurance Journal

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09/24/2014 07:30 AM

Alex Evans Joins Wells Fargo Insurance's Risk Management and International ... - Business Wire (press release)


Alex Evans Joins Wells Fargo Insurance's Risk Management and International ...
Business Wire (press release)
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has named Alejandra (Alex) Evans, senior vice president for its Risk Management and International business. Evans is responsible for collaborating ...

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11/01/2014 02:04 AM

Herbalife OKs deal in class-action lawsuit - The Spokesman Review


Herbalife OKs deal in class-action lawsuit
The Spokesman Review
ALBANY, N.Y. – Insurance company American International Group Inc. has agreed to pay New York state $35 million to settle claims that two former subsidiaries did business without licenses and misled regulators about their operations in the state. The ...

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10/31/2014 12:18 PM

CORRECTED-Insurance broker Aon launches Ebola liability cover - Reuters


CORRECTED-Insurance broker Aon launches Ebola liability cover
Reuters
(Corrects first and fourth paragraphs of Oct. 28 story to show Aon is based in Britain, and not the United States). LONDON Oct 28 (Reuters) - British insurance broker Aon has launched Ebola liability cover for hospitals and other health care ...

 

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