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National Insurance News

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01/26/2015 04:50 AM

Wilmington man sees insurance go up 120 percent - WRAL.com


WRAL.com

Wilmington man sees insurance go up 120 percent
WRAL.com
The state insurance commissioner last month ruled against any increase in homeowners' rates. The N.C. Rate Bureau, which represents insurers, sought an average 25.6 percent increase statewide and up to 35 percent in parts of the Wilmington area.
Lawmakers hear uproar over ballooning homeowner insurance ratesNew Bern Sun Journal

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01/26/2015 07:52 PM

Indian Hill couple file $60M suit against insurance company after fire - WLWT Cincinnati


WLWT Cincinnati

Indian Hill couple file $60M suit against insurance company after fire
WLWT Cincinnati
The first two counts of the suit demand $14,975,409 for breach of contract of the insurance policy. The second two counts demand punitive damages of $44,926,227 because Chubb National, according to the Deckers, intentionally failed to act in good faith ...
Couple sues insurance company for $59.9MWKRC TV Cincinnati

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01/25/2015 04:53 PM

Copays, disenrollment set Insure Tennessee apart - The Tennessean


The Tennessean

Copays, disenrollment set Insure Tennessee apart
The Tennessean
Haslam's Insure Tennessee is designed to cover those who can't afford private insurance and don't qualify for TennCare — Tennessee's version of Medicaid. Although the plan has several components that distinguish it from Medicaid, the plan continues to ...

 

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01/26/2015 11:47 AM

Got Nest? Some insurance companies reward smart-home device owners - Digital Trends


Digital Trends

Got Nest? Some insurance companies reward smart-home device owners
Digital Trends
First, State Farm customers could get discounts on connected home-monitoring equipment from those brands, including smoke detectors and thermostats, which in turn could lead to 10 to 15 percent reduction on their home or renter's insurance. Right now ...
Got Nest? Insurance companies reward smart home adoptersITProPortal

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01/26/2015 11:03 PM

Purdue insurance lacks in autism benefits - Journal and Courier


Journal and Courier

Purdue insurance lacks in autism benefits
Journal and Courier
But the university's own employees with autistic children who could benefit from such therapies are out of luck when they seek to have their health insurance cover many of the costs. That's because Purdue benefits from a loophole that largely exempts ...

 

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01/26/2015 05:19 PM

Lawmaker: Raise insurance requirements for Ariz. drivers - azcentral.com


Lawmaker: Raise insurance requirements for Ariz. drivers
azcentral.com
An estimated 10.6 percent of Arizona drivers don't have insurance, according to a new study by WalletHub.com, a Washington, D.C.-based consumer advocacy group. This fact, combined with lenient minimum liability insurance requirements, put Arizona ...

 

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01/26/2015 04:06 PM

Asia's Life Agents Sing to Sell Insurance - Wall Street Journal


Wall Street Journal

Asia's Life Agents Sing to Sell Insurance
Wall Street Journal
HONG KONG—When insurance agents in Indonesia try to “evoke a new spirit,” it isn't a religious matter. They are revving up to do battle for customers—in song. From Jakarta to Hong Kong, thousands of life-insurance agents use internal gatherings, such ...

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01/26/2015 09:09 PM

Scott already eyeing replacement for state's top insurance regulator - Tampabay.com (blog)


Tampabay.com (blog)

Scott already eyeing replacement for state's top insurance regulator
Tampabay.com (blog)
Scott's office confirmed Monday that it asked for a resume from Ron Henderson, 45, the deputy insurance commissioner for consumer advocacy in Louisiana. His name was pitched to Scott by a Tallahassee lobbyist for the insurance industry, Fred Karlinsky, ...
Scott's office contacted possible replacement for insurance headPalm Beach Post (blog)
Rick Scott administration asked to interview new candidate for insurance ...SaintPetersBlog (blog)

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01/26/2015 12:04 PM

Insurance-premium cut may bring higher credit scores to FHA - MarketWatch


MarketWatch

Insurance-premium cut may bring higher credit scores to FHA
MarketWatch
WASHINGTON (MarketWatch) — A federal agency's plan to lower the insurance payments homeowners have to pay is designed to help low-income borrowers. But it may paradoxically have the impact of attracting those with better credit scores.
Don't Be Fooled by the New FHA Mortgage Insurance PremiumsMotley Fool

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01/26/2015 03:29 PM

Altering insurance: Texas lawmakers take aim at hailstorm claim litigation - San Antonio Business Journal


San Antonio Business Journal

Altering insurance: Texas lawmakers take aim at hailstorm claim litigation
San Antonio Business Journal
Hailstorm claims rarely seem to rise to the level of Hurricane Ike, but the insurance industry is agitated nonetheless over the slew of claims that ended up in court after major storms in Amarillo and McAllen. A new trend involves taking hailstorm ...

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insurance news feeds
 

International Insurance News

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01/23/2015 02:15 PM

AM Best Affirms Ratings of Houston International Insurance Group, Ltd.'s ... - Business Wire (press release)


AM Best Affirms Ratings of Houston International Insurance Group, Ltd.'s ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of Houston Specialty Insurance Company (HSIC) and its 100% reinsured subsidiary, Oklahoma Specialty ...

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01/26/2015 05:54 PM

Accident Support Services International Partners With Insurance Solutions ... - Marketwired (press release)


Accident Support Services International Partners With Insurance Solutions ...
Marketwired (press release)
The program incorporates powerful fraud deterrent measures and an efficient information management and communication system connecting the reporting centers and insurance company claims offices which provides extensive accident, vehicle damage, ...

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01/05/2015 11:57 AM

MICROCAPITAL BRIEF: International Finance Corporation (IFC) Sells Dai-ichi ... - MicroCapital


MICROCAPITAL BRIEF: International Finance Corporation (IFC) Sells Dai-ichi ...
MicroCapital
Dai-ichi Life Insurance Company (Dai-ichi Life) is a Japanese insurance company that was established in 1902 and is based in Tokyo. The organization offers life, property and casualty insurance as well as investment trust and related services. In ...

 

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01/16/2015 10:26 AM

Global insurance company to move subsidiary to Lehigh Valley - Lehigh Valley Business


Global insurance company to move subsidiary to Lehigh Valley
Lehigh Valley Business
American International Group Inc., a global insurance company headquartered in New York City, is moving a subsidiary of its company into the Lehigh Valley. American General Life Insurance, a company owned by AIG, will move about 20 sales employees to ...

 

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01/14/2015 09:45 PM

Trademark Application for "OXFORD LIFE INSURANCE COMPANY" Filed by U ... - Insurance News Net


Trademark Application for "OXFORD LIFE INSURANCE COMPANY" Filed by U ...
Insurance News Net
... by VerticalNews journalists, a trademark application has been made for " OXFORD LIFE INSURANCE COMPANY " by Stephen R. Winkelman , representing U-Haul International . This application was made available to the public on January 07, 2015 .

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01/08/2015 06:29 AM

World's Top 10 Insurance Companies - Investopedia


World's Top 10 Insurance Companies
Investopedia
Zurich Insurance Group, a Switzerland-headquartered global insurance company, was founded in 1872. Zurich Group, together with its subsidiaries, operates in more than 170 countries, providing insurance products and services. The core businesses of ...

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01/16/2015 01:35 PM

AM Best Withdraws Ratings of State Farm International Life Insurance Company ... - Business Wire (press release)


AM Best Withdraws Ratings of State Farm International Life Insurance Company ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has withdrawn the financial strength rating of A+ (Superior) and the issuer credit ratings of “aa” of State Farm International Life Insurance Company Ltd. (SFI) (Bermuda). The rating actions follow the ...

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01/25/2015 10:07 PM

LOUISE FAIRSAVE: Universal Life Insurance - Nation News


LOUISE FAIRSAVE: Universal Life Insurance
Nation News
Universal life policies are interest sensitive and the insurance company would tend to offer a guaranteed return on the savings component ranging between two and three per cent. The insurance company typically would invest the funds raised from such ...

 

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01/26/2015 09:08 AM

Cigna announces plans to buy N.J. managed care company QualCare, bringing ... - NJ.com


NJ.com

Cigna announces plans to buy N.J. managed care company QualCare, bringing ...
NJ.com
... large corporations, will maintain its name and health insurance and workers compensation offerings. Cigna, an international health and life insurance company, will sell policies alongside QualCare, and replicate QualCare's business model to other ...

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01/26/2015 10:37 PM

American International Group Bond Prices Rise 2.3% (AIG) - sleekmoney


American International Group Bond Prices Rise 2.3% (AIG)
sleekmoney
American International Group, Inc (NYSE: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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