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National Insurance News

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10/22/2014 06:10 AM

Insurance mistakes people make at every age - Washington Post


Insurance mistakes people make at every age
Washington Post
No one likes to read the fine print on an insurance policy, but it's important to check in sometimes to see if you're insurance set-up is right for you. It can be the thing that keeps you afloat in case there's a devastating event in your life. Below ...

 

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10/23/2014 11:15 AM

Men More Likely to Believe Insurance Myths - ClaimsJournal.com


Deseret News

Men More Likely to Believe Insurance Myths
ClaimsJournal.com
Men may be more gullible when it comes to insurance myths than women but even women think a number of popular myths about insurance are true, according to a survey by online insurance seller insure.com. Insure.com said it recently surveyed 2,000 ...
Top 10 insurance myths that people think are trueDeseret News

all 3 news articles »
 

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10/22/2014 01:17 PM

Sam's Club to launch a private health insurance exchange - Washington Post


Sam's Club to launch a private health insurance exchange
Washington Post
Sam's Club announced Wednesday that it is opening a private health insurance exchange for its members, a move that is aimed at providing the small-business owners that are its core customers with a way to offer affordable insurance coverage to their ...

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10/23/2014 02:07 PM

Ex-county analyst sentenced to prison in insurance scheme - Las Vegas Review-Journal


Ex-county analyst sentenced to prison in insurance scheme
Las Vegas Review-Journal
Damm described the insurance fraud scheme during the trial as “ingenious” and said Holman was a willing participant out of greed. Provost created phony invoices for private investigative work Holman didn't do for American Family Insurance. Then, he ...

 

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10/23/2014 08:06 AM

Anthem rate increase 'excessive,' state insurance regulator says - Los Angeles Times


Anthem rate increase 'excessive,' state insurance regulator says
Los Angeles Times
In the final days of a battle over Proposition 45, California's insurance commissioner criticized Anthem Blue Cross for an "excessive" rate increase affecting 120,000 people with small-business health coverage. Dave Jones said Anthem had failed to ...
Insurance premiums going up for manyKCRA Sacramento
Prop. 45 will end unreasonable health insurance rate hikes: Guest commentaryLA Daily News
Insurance commissioner slams Anthem rate increases as 'excessive'SFGate
The Daily Breeze -KABC-TV -San Francisco Business Times (blog)
all 22 news articles »
 

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10/23/2014 12:14 PM

Big insurance won't prep or pay for climate change, fails to see irony - Grist


Grist

Big insurance won't prep or pay for climate change, fails to see irony
Grist
The insurance industry may have been hit by a lot of climate change-related payouts lately, but it's still not doing much to incorporate climate risk into how it does business, according to a report released this week by Ceres, the national network of ...
US insurance firms failing to address climate change risk -reportReuters
Insurance sector falls short on addressing climate change: ReportBusiness Insurance
Index Insurance Takes Root as Climate Change Stings AgricultureInstitutional Investor
Insurance News Net -New York Times -StreetInsider.com (subscription)
all 36 news articles »
 

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10/23/2014 01:41 PM

Insurance is facing an 'innovate or die' moment; here's why that isn't bad news - PropertyCasualty360


PropertyCasualty360

Insurance is facing an 'innovate or die' moment; here's why that isn't bad news
PropertyCasualty360
According to the survey, 94% of agencies of all sizes expect moderate to aggressive growth over the next three to five years. And agencies of all sizes remain optimistic about future prospects, and aside from personal auto insurance, agencies have ...

 

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10/21/2014 05:01 AM

Five Life Insurance Mistakes That Can Haunt You - Forbes


Forbes

Five Life Insurance Mistakes That Can Haunt You
Forbes
With Halloween just around the corner, children's thoughts turn to candy and costumes. Their parents and grandparents should be focusing on more macabre matters — like the life insurance policies they bought (or are thinking of buying) to secure the ...

 

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10/23/2014 10:23 AM

Ebola's Impact on Insurance Lines - ClaimsJournal.com


ClaimsJournal.com

Ebola's Impact on Insurance Lines
ClaimsJournal.com
As fears that an Ebola pandemic is on the horizon, many businesses are looking to insurers to allay their fears. While it is an outbreak could potentially impact several lines of insurance including, workers' compensation, business interruption, supply ...

 

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10/22/2014 12:43 PM

Why You Have The Wrong Kind Of Health Insurance: Obamacare - Forbes


Why You Have The Wrong Kind Of Health Insurance: Obamacare
Forbes
High deductibles are causing patients to skip health care they really need. At the same time, there are no deductibles or copayments for a whole slew of services that people don't need or could easily pay for out of pocket. What's the common ...

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International Insurance News

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10/14/2014 08:29 AM

Venetico Marine SA vs International General Insurance Company Limited and ... - Lexology (registration)


Venetico Marine SA vs International General Insurance Company Limited and ...
Lexology (registration)
The IRENE EM (the "Vessel") was insured for hull and machinery, increased value and anticipated costs of replacement under several fleet policies. The hull and machinery policies comprised five policies subscribed by the first 18 defendants, and under ...

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10/03/2014 12:21 PM

S/Leone insurance company wins international award - StarAfrica.com


S/Leone insurance company wins international award
StarAfrica.com
Sierra Leone's International Insurance Company (IIC) has won the Acquisition International Finance Award 2014 as best insurance company in the West African country.The UK-based Corporate Finance Awards body said the award was giving out solely on ...

 

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10/22/2014 04:27 AM

Prime, a Fully Serviced Insurance Company for General and Life Insurance - AllAfrica.com


Prime, a Fully Serviced Insurance Company for General and Life Insurance
AllAfrica.com
The Rwanda insurance sector registered another service provider who promises five-star services. Prime came into existence after the acquisition of 85% of shares of both Cogear Ltd and Prime Life Assurance Ltd by the Greenoaks Global Insurance, ...

 

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10/03/2014 09:12 AM

Chicago insurance company acquires Winter Park firm - Insurance News Net


Chicago insurance company acquires Winter Park firm
Insurance News Net
Oct. 03 --A longtime Winter Park insurance brokerage firm has been purchased by Chicago-headquartered Hub International Limited . Kuykendall Gardner Risk & Insurance, founded in Winter Park in 1953, is the second Hub International Limited acquisition ...

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09/25/2014 08:26 AM

20 Jobs for Dublin with AIG Insurance company - CareersPortal


20 Jobs for Dublin with AIG Insurance company
CareersPortal
Peter Hancock, CEO of the global insurance company, will discuss plans with today for the investment with Finance Minister Michael Noonan. This is part of AIG's so-called treasury transformation initiative, which aims to establish an integrated global ...

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10/16/2014 06:02 PM

Global Indemnity Agrees To Purchase American Reliable Insurance Company - SYS-CON Media (press release)


Global Indemnity Agrees To Purchase American Reliable Insurance Company
SYS-CON Media (press release)
DUBLIN, Ireland, Oct. 16, 2014 /PRNewswire/ -- Global Indemnity plc's (NASDAQ: GBLI) U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. (NYSE: AIZ). In a transaction with an enterprise value of approximately ...

 

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10/23/2014 08:47 AM

Old Republic International Q3 Profit Down - Quick Facts - RTT News


Old Republic International Q3 Profit Down - Quick Facts
RTT News
Property and casualty insurance company Old Republic International Corp. (ORI: Quote) Thursday reported lower profit for the third quarter, reflecting higher expenses and reduced net premiums and fee income. The company's profit dropped to $85.8 ...

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10/23/2014 12:39 PM

IAIS finalises basic capital requirement for G-SIIs - The Insurance Insider (subscription)


IAIS finalises basic capital requirement for G-SIIs
The Insurance Insider (subscription)
The International Association of Insurance Supervisors (IAIS) has concluded its development of a basic capital requirement for global systemically important insurers (G-SIIs), the organisation announced today (23 October). The basic capital requirement ...

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10/21/2014 09:29 PM

John Walsh joins EPIC to further strengthen growing Risk Solutions Practice - eNewsChannels


eNewsChannels

John Walsh joins EPIC to further strengthen growing Risk Solutions Practice
eNewsChannels
Walsh has worked extensively with Private Equity, Investment, and Corporate Clients undergoing M&A transactions, as well as global regulatory exposures at both Marsh Inc. and Zurich Insurance Company. Walsh began his career with Marsh USA in their ...

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10/03/2014 09:56 AM

A.M. Best Upgrades Ratings of Certain Subsidiaries of Old Republic ... - Business Wire (press release)


A.M. Best Upgrades Ratings of Certain Subsidiaries of Old Republic ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of Old Republic Insurance Company (Greensburg, PA) and Old Republic ...

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