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National Insurance News

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06/29/2016 04:08 PM

43 arrested for insurance fraud by Pa. attorney general's office - PennLive.com


Patch.com

43 arrested for insurance fraud by Pa. attorney general's office
PennLive.com
Johnny Dukes, 33, 1900 block of Mulberry St., Harrisburg, and Jennifer Dukes, 39, of the 2500 block of Walnut Street, Harrisburg, Dauphin County, three counts each of insurance fraud and one count each of attempted theft and criminal conspiracy. They ...
4 Delco Residents Nabbed In State Insurance Fraud CrackdownPatch.com
Attorney General announces 43 charged with insurance fraudYourErie
43 charged with Pennsylvania insurance fraudPA home page

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06/29/2016 03:38 PM

Insurance won't pay for women to have pleasurable sex - Q13 FOX


Q13 FOX

Insurance won't pay for women to have pleasurable sex
Q13 FOX
Her insurance company refused to pay for the drug, called Addyi, saying she'd have to see a psychiatrist first. “They don't tell men who want Viagra that they have to see a psychiatrist,” said Weber, 38, who asked that her real name not be used, in ...

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06/29/2016 01:44 PM

5 Specialty Insurance Coverages Reserved for Municipal Airports - Insurance Journal


Insurance Journal

5 Specialty Insurance Coverages Reserved for Municipal Airports
Insurance Journal
In a new report, Assurex Global discusses a number of airport-specific liability risks that may be excluded from standard commercial liability insurance and thus need to be addressed by coverages under specialized aviation general liability (AGL ...

 

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06/29/2016 05:08 PM

HMO, EPO, PPO, OMG! How to Navigate Insurance Plans - ABC News


HMO, EPO, PPO, OMG! How to Navigate Insurance Plans
ABC News
Hunting for the right health insurance plan outside the workplace used to involve a much lower risk of losing hair — from tearing it out in frustration. If a shopper could get coverage, the chain of events was often straightforward: Pick a plan, see a ...

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06/29/2016 09:39 AM

InHealth Mutual customers near a deadline to find insurance - Columbus Dispatch


Columbus Dispatch

InHealth Mutual customers near a deadline to find insurance
Columbus Dispatch
Nearly 22,000 Ohioans — more than one-third of whom live in the Columbus area — have until Thursday to find a new health insurance plan or face being uninsured for most of July. The Ohio Department of Insurance took over InHealth Mutual, a subsidiary ...

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06/29/2016 02:10 PM

11 Insurance Stocks to Sell Now - Investorplace.com


11 Insurance Stocks to Sell Now
Investorplace.com
American International Group, Inc. (AIG) gets weaker ratings this week as last week's D drops to a F. American International Group, Inc. is engaged in a range of insurance and insurance-related activities in the United States and abroad. The company ...

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06/28/2016 10:44 PM

Car Insurance Costs More for Blue-Collar Drivers, New Survey Shows - ConsumerReports.org


CBS News

Car Insurance Costs More for Blue-Collar Drivers, New Survey Shows
ConsumerReports.org
Blue-collar drivers pay higher premiums for car insurance than white-collar drivers, according to a study by the Consumer Federation of America. The penalty is considerable: Blue-collar drivers pay an average of $681 more per year than white-collar ...
This group pays the most for car insuranceCBS News
If you're poor, you'll pay more for car insurance, study findsMinneapolis Star Tribune
Consumer advocate: Car insurance companies charging poor/moderate income people moreMichigan Radio

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06/28/2016 04:59 PM

Even 'good' insurance comes with hidden hospital bills - Chicago Tribune


Chicago Tribune

Even 'good' insurance comes with hidden hospital bills
Chicago Tribune
Quality private health insurance is no protection against large out-of-pocket bills following routine hospital stays, a new study warns. "Hidden" costs of hospitalization for privately insured adults rose more than 37 percent over five years, with ...
Hospital stays top $1200 out-of-pocket even with insurance, U-M study findsMLive.com
Average out-of-pocket costs for hospital visit top $1000, with insuranceArs Technica
Even With Insurance, A Hospital Stay Will Cost You $1000 or MoreNBCNews.com
Bloomberg
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06/29/2016 10:27 AM

Maine Town Ends Flying of US Flags Due to Insurance Cost - Insurance Journal


Maine Town Ends Flying of US Flags Due to Insurance Cost
Insurance Journal
A lack of adequate liability insurance has put an end to a project honoring military veterans by flying American flags on utility poles in Maine's smallest town. The Kennebec Journal reports Randolph Fire Association fundraised for about a year before ...

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06/29/2016 04:11 PM

Cleveland quintuples RNC 'protest insurance' coverage to $50 million, citing increased risk concerns - cleveland.com


cleveland.com

Cleveland quintuples RNC 'protest insurance' coverage to $50 million, citing increased risk concerns
cleveland.com
CLEVELAND, Ohio — Cleveland officials on Wednesday voted to buy a $50 million "protest insurance" policy for the Republican National Convention — a five-fold increase over what was previously approved — in a tangible sign that city officials now ...

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International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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06/29/2016 03:38 PM

Insurance won't pay for women to have pleasurable sex - Q13 FOX


Q13 FOX

Insurance won't pay for women to have pleasurable sex
Q13 FOX
Her insurance company refused to pay for the drug, called Addyi, saying she'd have to see a psychiatrist first. “They don't tell men who want Viagra that they have to see a psychiatrist,” said Weber, 38, who asked that her real name not be used, in ...

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06/29/2016 04:45 PM

GE Capital Sheds 'Systemically Important' Label - Wall Street Journal


Wall Street Journal

GE Capital Sheds 'Systemically Important' Label
Wall Street Journal
Huge insurers Prudential Financial Inc. and American International Group Inc. also received the label in 2013 are still considered systemically important, meaning they are overseen by the Fed and face stricter rules than their peers. MetLife was ...
Government Removes General Electric Capital's “Too Big To Fail” DesignationValueWalk
Regulators remove 'too big to fail' tag from GE CapitalWashington Examiner

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06/29/2016 04:53 PM

Google parent Alphabet board taps finance exec - USA TODAY


USA TODAY

Google parent Alphabet board taps finance exec
USA TODAY
Prior to TIAA, Ferguson was head of financial services for insurance company Swiss Re. He sat on the governing ... Ferguson, who sits on the board of General Mills and International Flavor & Fragrances Inc., has technology chops. A former partner at ...

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06/29/2016 02:10 PM

11 Insurance Stocks to Sell Now - Investorplace.com


11 Insurance Stocks to Sell Now
Investorplace.com
American International Group, Inc. (AIG) gets weaker ratings this week as last week's D drops to a F. American International Group, Inc. is engaged in a range of insurance and insurance-related activities in the United States and abroad. The company ...

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06/14/2016 11:59 PM

Canton insurance company appoints new officer - Wicked Local Canton


Canton insurance company appoints new officer
Wicked Local Canton
Canton-based Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer ...

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06/27/2016 05:12 PM

Cigna-Anthem Merger: Gov. Malloy's Insurance Regulator Told Ethics Officials She Was Not Involved In Cigna Issues ... - International Business Times


International Business Times

Cigna-Anthem Merger: Gov. Malloy's Insurance Regulator Told Ethics Officials She Was Not Involved In Cigna Issues ...
International Business Times
Emails obtained by International Business Times show that in February, Wade told ethics officials she had no Cigna business before her, even though her agency was then leading the national multistate review of the company's merger plan — and even ...

 

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06/09/2016 01:18 PM

Boston Mutual Life Insurance Company appoints new officer - Wicked Local Canton


Boston Mutual Life Insurance Company appoints new officer
Wicked Local Canton
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer. ... Prior to ...

 

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06/29/2016 12:04 PM

The Interns Ask -- What Is a Financial Stock Anyway? - Motley Fool


The Interns Ask -- What Is a Financial Stock Anyway?
Motley Fool
Jenkins: Insurance companies, from the very largest, like AIG, and some of these pure plays, all the way over to Berkshire Hathaway, which is more of a conglomerate these days, but really, at its core, it's an insurance company, and has been for 50 or ...

 

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06/29/2016 12:39 PM

American International Group Inc (NYSE:AIG) near 52-week low, short interest increasing - Street Report


American International Group Inc (NYSE:AIG) near 52-week low, short interest increasing
Street Report
American International Group Inc (AIG) has a price to book ratio of 0.62 versus Financial sector average of 1.62. AIG stock price has underperformed the S&P 500 by 19.4%. The Multi-line Insurance company is currently valued at $55.75 billion, and its ...
Analyst Rating Update on American International Group (AIG)Trade Calls

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