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National Insurance News

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07/01/2015 11:09 AM

Tech Has Upended Banks and Stock Trading. Insurance Is Next - Wired


Wired

Tech Has Upended Banks and Stock Trading. Insurance Is Next
Wired
The World Economic Forum released a report this week examining how fintech startups—the venture-backed upstarts out to reinvent financial services—are changing the finance industry. Sounds like a cure for insomnia, right? Not for the global financial ...
World Economic Forum Sees Finance/Insurance Industry in Digital Firing-LineInsurance Journal

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06/30/2015 09:26 PM

Bernie Sanders campaign event moved to Cross Insurance Arena - Press Herald


Press Herald

Bernie Sanders campaign event moved to Cross Insurance Arena
Press Herald
The event is scheduled from 7 to 8 p.m. Monday at the Cross Insurance Arena. Sanders plans to discuss topics such as how to “get big money out of politics, deal with obscene wealth and income inequality, combat climate change” and “make college ...

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06/30/2015 09:44 PM

Health Insurance Premiums Are Rising Faster Than Income - Forbes


Forbes

Health Insurance Premiums Are Rising Faster Than Income
Forbes
In every budget, we can control what we pay for some items while others are out of our control. Health insurance premiums are one of those items over which the consumer has little or no control (outside of raising the deductible or changing to an ...

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06/30/2015 05:09 PM

Towers Watson Pays Willis's Insurance Premium - Wall Street Journal


Wall Street Journal

Towers Watson Pays Willis's Insurance Premium
Wall Street Journal
During a deal-making boom, companies can be persuaded to do things that are daring, novel—even slightly crazy. The $18 billion merger of insurance broker Willis and benefits expert Towers Watson TW -8.83 % is none of these. It is merely as uninspiring ...
Insurance broker Willis Group to buy Towers Watson in stock dealReuters
Willis tie-up with Towers Watson points to insurance woesFinancial Times
Willis, Towers Watson Make $18 Billion Merger DealInsurance Networking News
TheStreet.com -Washington Business Journal -Business Insurance
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06/29/2015 04:31 PM

Attorney General Kane announces 20 insurance fraud arrests - FOX43.com


FOX43.com

Attorney General Kane announces 20 insurance fraud arrests
FOX43.com
HARRISBURG — Attorney General Kathleen G. Kane today announced the arrest of 20 individuals across the Commonwealth for a variety of unrelated insurance fraud offenses. The arrests were made throughout the month of June and were the result of ...
Bridgeport woman among 20 arrested in state for insurance fraudThe Times Herald

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06/30/2015 12:04 AM

Spring Valley: Insurance woes mean possible shutdown - The Journal News | LoHud.com


The Journal News | LoHud.com

Spring Valley: Insurance woes mean possible shutdown
The Journal News | LoHud.com
SPRING VALLEY – The village is again in a dispute among officials over its insurance, with Mayor Demeza Delhomme threatening to go to court and warning of a potential shutdown. "Nobody knows what's going on," Delhomme told The Journal News on ...

 

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07/01/2015 12:16 PM

It's a $28.3 billion insurance megadeal - Business Insider


Business Insider

It's a $28.3 billion insurance megadeal
Business Insider
The insurance provider Ace Limited is buying Chubb in a $28.3 billion deal, it announced on Wednesday. The boards of both companies have agreed to the deal that will see Chubb shareholders receive $62.93 per share in cash and 0.6019 in Ace shares.
Ace to buy Chubb in $28.3bn dealThe Insurance Insider (subscription)
ACE To Acquire Chubb In $28.3 Bln Cash, Stock DealNasdaq

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06/29/2015 07:42 PM

​Gay marriage ruling may lead to health insurance risk - CBS News


Insurance Business America

​Gay marriage ruling may lead to health insurance risk
CBS News
While the Supreme Court's ruling last week on same-sex marriage was a victory for gay rights, it could lead to some fallout when it comes to benefits for both gay and heterosexual couples. Domestic-partner benefits may decline as employers reassess ...
How the Supreme Court marriage decision affects the insurance industryInsurance Business America
US top court backs Obamacare, president says it's here to stayReuters
Ruling May Boost Gay Couples' Health CoverageWebMD
Business Insurance -Bloomington Pantagraph -Yellowhammer News
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06/30/2015 11:58 AM

SimplyInsured, A Health Insurance Platform For Small Companies, Scores $5.9 ... - TechCrunch


TechCrunch

SimplyInsured, A Health Insurance Platform For Small Companies, Scores $5.9 ...
TechCrunch
SimplyInsured, which helps small businesses compare and purchase employee health insurance plans, has closed a Series A of $5.9 million led by Polaris Partners, with participation from Bessemer Venture Partners, Altair.VC, Corazon Capital, and ...

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07/01/2015 01:08 AM

Former FAME teachers picket over unpaid health insurance, salaries - abc7news.com


abc7news.com

Former FAME teachers picket over unpaid health insurance, salaries
abc7news.com
Former FAME teachers picket over unpaid health insurance. Former FAME teachers picket over unpaid health insurance. Teachers at an East Bay charter school with several campuses shutting down are picketing Tuesday after they found out their health ...

 

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International Insurance News

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06/26/2015 08:03 PM

Meadowbrook Insurance Group, Inc. Announces California Department of ... - MarketWatch


Meadowbrook Insurance Group, Inc. Announces California Department of ...
MarketWatch
... -0.12% ("Meadowbrook") announces that on June 25, 2015, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company subsidiaries ...

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06/12/2015 12:38 PM

Navigators Group (NAVG) Makes Two Changes to International Insurance ... - StreetInsider.com


Navigators Group (NAVG) Makes Two Changes to International Insurance ...
StreetInsider.com
He will continue to work closely with Bach, Hennessy and Sprott in developing the Company's international strategy and platform, including plans for the formation of Navigators International Insurance Company. Stan Galanski, President and CEO of The ...
International insurer promotes executivesBusiness Insurance

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06/10/2015 08:43 AM

Tokio Marine of Japan Agrees to Acquire HCC Insurance for $7.5 Billion - New York Times


New York Times

Tokio Marine of Japan Agrees to Acquire HCC Insurance for $7.5 Billion
New York Times
And over the past few years, Nippon Life Insurance Company, Dai-ichi and Sumitomo Life Insurance Company have each taken stakes in several Indonesian insurers in hopes of tapping the rapidly expanding Southeast Asian market. ... “With Tokio Marine, HCC ...
Tokio Marine to buy HCC Insurance for $7.5BUSA TODAY
Tokio Marine Holdings agrees to acquire HCC Insurance Holdings for $7.5 bndomain-B
Oxford Industries and HCC are big market moversSTLtoday.com

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06/29/2015 08:16 AM

Company Shares of United Insurance Holdings Corp. Rally 3.52% - News Watch International


Company Shares of United Insurance Holdings Corp. Rally 3.52%
News Watch International
Its business is conducted principally through four wholly-owned subsidiaries, including United Property and Casualty Insurance Company (UPC), which writes insurance policies; United Insurance Management, L.C. (UIM), the managing general agent that ...
Company Shares of The Travelers Companies, Inc. Drops by -1.54%Insider Trading Report

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06/29/2015 05:43 AM

Company Shares of American International Group, Inc. Rally 1.46% - Insider Trading Report


Company Shares of American International Group, Inc. Rally 1.46%
Insider Trading Report
American International Group, Inc. (AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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06/30/2015 05:41 PM

American International Group Upgraded to "Buy" by Zacks (AIG) - sleekmoney


American International Group Upgraded to "Buy" by Zacks (AIG)
sleekmoney
American International Group, Inc. (NYSE:AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. It offers products and services ...
American International Group, Inc. (NYSE:AIG) Ratings UpdateInvestor Newswire

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06/14/2015 09:24 PM

Company Shares of American International Group, Inc. Rally 2.3% - News Watch International


Company Shares of American International Group, Inc. Rally 2.3%
News Watch International
American International Group, Inc. (AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

 

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06/30/2015 11:39 PM

Bankruptcy trustee sues victims of massive Sacramento Ponzi scheme - Sacramento Bee


Sacramento Bee

Bankruptcy trustee sues victims of massive Sacramento Ponzi scheme
Sacramento Bee
For instance, the trustee said Sweigart and Carter formed an insurance company that provided International Manufacturing with letters of credit, enabling Wannakuwatte to borrow from various banks. In addition, Carter and Sweigart “facilitated the Ponzi ...

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06/15/2015 05:13 AM

Company Shares of HCC Insurance Holdings, Inc. Rally 34.71% - News Watch International


Company Shares of HCC Insurance Holdings, Inc. Rally 34.71%
News Watch International
Its underwriting segments are U.S. Property & Casualty, Professional Liability, Accident & Health, U.S. Surety & Credit and International. In January 2012, the Company merged its wholly owned subsidiaries Pioneer General Insurance Company with and into ...

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06/29/2015 01:42 AM

When does an insurance company turn into a software vendor? - iT News


iT News

When does an insurance company turn into a software vendor?
iT News
ASX-listed travel insurance company Cover-More Group claims to have 40 percent of the Australian market in traveller premiums sewn up. In the 2014 financial year, Cover-More earnt $154 million from its travel insurance products, bolstered by $65 ...

 

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