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National Insurance News

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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 07:08 AM

Balancing act: providing grad student health insurance and complying with Affordable Care Act - Inside Higher Ed


Inside Higher Ed

Balancing act: providing grad student health insurance and complying with Affordable Care Act
Inside Higher Ed
For Chereta Quána Madison, access to subsidized student health insurance was literally a matter of life or death. Madison, a Ph.D. student in educational foundations, policy and practices at the University of Colorado at Boulder, started collapsing in ...

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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
Channel3000.com - WISC-TV3
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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 ...
Average out-of-pocket costs for hospital visit top $1000, with insuranceArs Technica
Hospital stays top $1200 out-of-pocket even with insurance, U-M study findsMLive.com
Even With Insurance, A Hospital Stay Will Cost You $1000 or MoreNBCNews.com
Bloomberg -Fortune
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06/28/2016 09:16 PM

Merger creates largest insurance agency in the region - Elmira Star-Gazette


Elmira Star-Gazette

Merger creates largest insurance agency in the region
Elmira Star-Gazette
Two longtime regional insurance agencies are joining forces in a move company officials say creates the largest locally owned insurance company in the region. Swan Morss Insurance, of Elmira, and Henry Dunn Inc., based in Towanda, announced the union ...
Local Insurance Companies Announce PartnershipMy Twin Tiers.com

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06/28/2016 10:18 PM

Goji, the VC-Backed Online Insurance Firm, Is Out Raising $$ From Investors - BostInno


Goji, the VC-Backed Online Insurance Firm, Is Out Raising $$ From Investors
BostInno
Boston-based Goji, the online auto insurance firm formerly known as Consumers United, appears to be out raising money from investors again. The company, through its former Consumers United name, disclosed via a regulatory filing on Tuesday evening ...

 

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06/29/2016 10:27 AM

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


WABI

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 ...
Lack of Insurance Coverage Causes Town of Randolph to Remove FlagsWABI

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06/29/2016 04:26 AM

National Insurance Awareness Day - WDTV


WDTV

National Insurance Awareness Day
WDTV
The aftermath and devastation of the floods here in our state might leave some of you reconsidering your insurance coverage. So, we spoke with the Owner of Webster Insurance Agency, Inc. to fill us in on flood insurance. "Folks that come in that want ...

 

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06/29/2016 12:16 PM

Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re - Insurance Journal


NDTV

Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re
Insurance Journal
The report said the insurance sector covered $28 billion of losses from natural catastrophes and $9 billion from man-made disasters in 2015. “[T]here was a large difference of $55 billion between total and insured losses, highlighting the lack of ...
Insurance Premium Collection Jumps 7.9% In 2015: StudyNDTV

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06/29/2016 02:43 AM

How running a marijuana business cost this man life insurance - Raw Story


Raw Story

How running a marijuana business cost this man life insurance
Raw Story
Derek Peterson, the CEO of Terra Tech—a company that grows and sells cannabis products in California and Nevada and is one of the biggest players in the burgeoning pot business—has been denied life insurance simply because of the industry in which ...
Cannabis Exec Denied Life Insurance for...Being a Cannabis ExecTheStranger.com

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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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06/14/2016 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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06/29/2016 01:16 PM

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


Insurance won't pay for women to have pleasurable sex
WPTZ
In addition to the psychiatrist requirement, Weber's insurance company, Blue Shield of California, refuses to pay for Addyi unless a woman first tries another, less expensive drug, according to the company's prescribing guidelines. That less expensive ...

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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 12:39 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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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 01:28 PM

Regulators remove 'too big to fail' tag from GE Capital - Washington Examiner


Regulators remove 'too big to fail' tag from GE Capital
Washington Examiner
One is American International Group, the insurance company at the heart of the 2008 crisis. Another is Prudential Financial. The third is the insurer MetLife, which has challenged the Council's decision to designate it in federal court and won. The ...

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06/29/2016 12:00 PM

GEICO names John Pham vice president of Virginia Beach regional operations - Business Wire (press release)


Business Wire (press release)

GEICO names John Pham vice president of Virginia Beach regional operations
Business Wire (press release)
Pham graduated with honors from George Washington University with a degree in international affairs. He also holds the Chartered Property Casualty Underwriter (CPCU) and GEICO Certified Underwriter designations. GEICO (Government Employees Insurance ...

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06/29/2016 12:00 PM

One in Three American Households Are Stuck in a Relationship with a Financial Services Provider They Don't Trust - Business Wire (press release)


One in Three American Households Are Stuck in a Relationship with a Financial Services Provider They Don't Trust
Business Wire (press release)
BUSINESS WIRE)--Based on a recent Market Strategies International study, 31 percent of American households feel obliged to do business with one or more financial services companies they distrust. Market Strategies' national omnibus study explored trust ...

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