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National Insurance News

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05/01/2016 10:49 PM

Insurance companies feel activists' heat for underwriting fossil fuels - The Guardian


The Guardian

Insurance companies feel activists' heat for underwriting fossil fuels
The Guardian
Climate activists are targeting the role of insurance companies in the expansion of fossil fuel production, highlighting the impact of extreme weather events on their bottom line. “We've already targeted banks and super funds, so insurance companies ...

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05/02/2016 06:52 AM

The Outsourcing Of Life Insurance In Wealth Management And Multi-Family Office Practices - Forbes


The Outsourcing Of Life Insurance In Wealth Management And Multi-Family Office Practices
Forbes
Central to the overwhelming majority of wealth management practice is investment management. However, with the goal of working with the rich and super-rich as well as many single-family offices, advanced planning including life insurance is essential.

 

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05/02/2016 06:29 AM

A remote Himalayan village in India runs its own insurance scheme for its extraordinary horses - Quartz


Quartz

A remote Himalayan village in India runs its own insurance scheme for its extraordinary horses
Quartz
On a sunny May day last year, with not a cloud to mar the blue sky, Kishan Kumar opened the barn doors and led the whinnying horses and nickering foals out. They joined the steady stream of equine traffic in the narrow alley of Sagnam village on the ...

 

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05/02/2016 06:51 AM

Super fund members wear price rise for less disability insurance - Sydney Morning Herald


Sydney Morning Herald

Super fund members wear price rise for less disability insurance
Sydney Morning Herald
Insurance premiums paid by workers via their superannuation funds have soared, prompting the regulator and other industry experts to question if they are getting value for money. New research from SuperRatings released on Monday showed a median 50.5 ...
Insurance: When is enough enough?Professional Planner

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05/02/2016 10:38 AM

Potential Galt House buyer can't get insurance - The Courier-Journal


Potential Galt House buyer can't get insurance
The Courier-Journal
With litigation pending, a potential buyer of the Galt House and possibly other large real estate holdings owned by the Al J. Schneider Co. is finding it difficult to secure title insurance needed to finance the purchase of the property. The insurance ...

 

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05/01/2016 10:36 PM

City should demand UberX drivers prove proper insurance: Taxi industry - Toronto Star


Toronto Star

City should demand UberX drivers prove proper insurance: Taxi industry
Toronto Star
In other words, cabbies will still have to provide proof, while Uber can “ensure” its drivers have insurance. The taxi industry argues Uber cannot be trusted to comply and points to the company's misleading claims that its $5-million liability policy ...

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05/02/2016 08:17 AM

Travel Question of the Day: Simon Calder on travel insurance for people over 70 - The Independent


The Independent

Travel Question of the Day: Simon Calder on travel insurance for people over 70
The Independent
A As you will have discovered, once you begin your eighth decade, premiums for travel insurance can escalate sharply. This practice is often characterised as profiteering on the part of the insurers. But from what I can see it is mostly a reflection of ...

 

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05/02/2016 01:02 AM

Laws for condominium insurance can be tricky - The News-Press


The News-Press

Laws for condominium insurance can be tricky
The News-Press
Q: I am a unit owner in a high-rise condominium. At a recent board meeting which I attended, the issue of insurance was discussed. The board stated unit owners are not required to carry insurance. Is that right? I thought the condominium law mandated ...

 

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05/02/2016 08:35 AM

United India Insurance to Start AO Recruitment Soon - Business Standard


United India Insurance to Start AO Recruitment Soon
Business Standard
The govt owned United India insurance company has announced its plans to recruitment of Administrative Officers very soon & a notification has also been released. United India Insurance company currently offers insurance policies in the following areas ...

 

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05/01/2016 10:43 PM

Massachusetts proposal would require insurance coverage for Lyme disease - ModernHealthcare.com


Massachusetts proposal would require insurance coverage for Lyme disease
ModernHealthcare.com
Massachusetts lawmakers have advanced a proposal that would require insurance companies to provide coverage for doctor-prescribed Lyme Disease treatments. The measure was tacked on to the nearly $40 billion state budget that was approved last ...

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International Insurance News

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04/30/2016 10:23 PM

Insurer gets gong for bad behaviour - Radio New Zealand


Radio New Zealand

Insurer gets gong for bad behaviour
Radio New Zealand
The insurance company said it was disappointed to have been named New Zealand's worst transnational corporation. IAG's head of corporate affairs, Craig Dowling, said the award showed a tragic lack of understanding of earthquake issues, and the ...

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04/21/2016 11:06 PM

Attempts to Embezzle Millions From Global Insurance Company Results in Jail - Lawfuel (blog)


Attempts to Embezzle Millions From Global Insurance Company Results in Jail
Lawfuel (blog)
From January 2012 through December 2013, SHEA and FALLON engaged in a scheme to embezzle approximately $2.6 million from SHEA's employer, the North American subsidiary of an international insurance company (“Company-1”). SHEA, who rose to ...

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04/25/2016 11:14 PM

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company - Bergen Dispatch


Bergen Dispatch

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company
Bergen Dispatch
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that James J. Shea, age 49 of Paramus, New Jersey, was sentenced in Manhattan federal court to 18 months in prison for participating in a scheme to ...

 

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04/08/2016 05:57 PM

Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA) - Los Angeles Mirror


Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA)
Los Angeles Mirror
Magna International (USA) (MGA) : Manufacturers Life Insurance Company The scooped up 32,296 additional shares in Magna International (USA) during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now ...

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05/01/2016 09:13 PM

Woman killed in duck boat crash was 'incredible person' - The Boston Globe


The Boston Globe

Woman killed in duck boat crash was 'incredible person'
The Boston Globe
One of three daughters, Warmuth moved to Boston about five years ago after she landed a job with Lexington Insurance Company, where she was a senior underwriter for hospitals and large medical practices, her father said. She started the job at 22 after ...

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05/01/2016 09:25 PM

1 800 lose insurance coverage - Nation News


1 800 lose insurance coverage
Nation News
Do you know of any insurance company that operates at a lost. All that happen is that the claims are more than the premiums being paid which makes the plan unsustainable. Could this have anything to do with the fact that it is a public sector group ...

 

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05/02/2016 04:07 AM

Grapevine: South Carolina governor to make port call in Jasper County - Charleston Post Courier (press release)


Charleston Post Courier (press release)

Grapevine: South Carolina governor to make port call in Jasper County
Charleston Post Courier (press release)
Politicos and tourists take note: JetBlue Airways will add a third daily flight between Charleston International and Washington, D.C. area's Reagan National Airport Wednesday. The roughly 1.5-hour hop will add a night flight and reshuffle departing ...

 

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05/02/2016 01:00 AM

John Stossel is right: Health care is not a free market - Daily Kos


Daily Kos

John Stossel is right: Health care is not a free market
Daily Kos
Recent American history and decades of international experience show the tens of millions of people forgoing treatment, millions bankrupted, and thousands needlessly dying each year are the certain price of the invisible finger of the market. ... As we ...

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05/01/2016 11:02 PM

Q&A with Royal Caribbean's Paul Parker: On benefits, costs for worker health insurance - Miami Herald


Miami Herald

Q&A with Royal Caribbean's Paul Parker: On benefits, costs for worker health insurance
Miami Herald
About 10 percent of the average full-time worker's total compensation in Florida is missing from his or her paycheck. OK, it's not missing, but it's not directly in their checks. It's money that an employer spends on its share of an employee's monthly ...

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05/02/2016 01:17 AM

John Hawkins, Gene Hanson: 'Killer Couples' Highlights Richard Boggs Insurance Fraud Death Case - The Inquisitr


The Inquisitr

John Hawkins, Gene Hanson: 'Killer Couples' Highlights Richard Boggs Insurance Fraud Death Case
The Inquisitr
The truth came out after an insurance company employee found that the thumb print on the license for Gene Hanson didn't match the dead man's print. ... The international hunt for John Hawkins was profiled on an episode of America's Most Wanted.

 

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