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National Insurance News

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11/23/2014 08:09 PM

On the Job: Compass Insurance Services opens in Point - Stevenspointjournal


On the Job: Compass Insurance Services opens in Point
Stevenspointjournal
Started in Kronenwetter more than 20 years ago, Compass Insurance Services provides home, auto, recreational, health and life insurance. The business also provides commercial insurance for manufacturing companies, assisted-living facilities, retail, ...

 

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11/22/2014 11:15 PM

Auto insurance rates put the brakes on Detroit - Detroit Free Press


Detroit Free Press

Auto insurance rates put the brakes on Detroit
Detroit Free Press
Jay Clark Reid and his wife, noted indie rock musician Ida Nilsen, moved to Detroit from Canada two years ago anticipating cheap real estate and ultra-affordable living. Then they encountered Detroit's highest-in-the-nation auto insurance rates. Reid ...
Will Detroit's Skyrocketing Car Insurance Rates Hurt Growth?Deadline Detroit

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11/23/2014 06:42 PM

Few think about insurance when air ambulance lifts off; then ... surprise - Omaha World-Herald


Omaha World-Herald

Few think about insurance when air ambulance lifts off; then ... surprise
Omaha World-Herald
Because of huge costs involved even if health insurance covers some of them, the National Association of Insurance Commissioners has issued a consumer alert to warn about air ambulance costs. Here, an accident victim is loaded onto an air ambulance ...

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11/21/2014 09:14 PM

Hartford Insurer Earl O'Garro Charged With Insurance Fraud - Hartford Courant


CBS Local

Hartford Insurer Earl O'Garro Charged With Insurance Fraud
Hartford Courant
HARTFORD — Federal authorities accused once-rising Hartford insurance star Earl O'Garro Jr. of fraud Friday, saying that he lied to obtain $126,000 in state economic assistance money and embezzled more than $1 million more in insurance premiums from ...
Insurance Agent O'Garro Charged With $1.5 Million Wire FraudCBS Local
Insurance broker indicted for allegedly stealing money from state and private ...FOX CT

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11/23/2014 10:35 AM

High-deductible insurance plans put pressure on independent physicians to ... - Pittsburgh Post Gazette


High-deductible insurance plans put pressure on independent physicians to ...
Pittsburgh Post Gazette
The emerging popularity of low-premium, high-deductible health insurance plans that hold patients responsible for a greater share of their medical care costs is exacting a financial and administrative toll on small physician practices and ambulatory ...

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11/20/2014 10:20 PM

Harland Stonecipher, Insurance Pioneer, Dies at 76 - New York Times


Harland Stonecipher, Insurance Pioneer, Dies at 76
New York Times
Mr. Stonecipher's innovation was to allow people to pay monthly premiums for help with legal matters — from divorce to warranty disputes, from arrests to identity theft — in the manner of health insurance. He also built an army of sales employees ...

 

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11/23/2014 06:52 AM

Health Sense: Health insurance still 'velvet handcuffs' stalling retirement - Madison.com


Madison.com

Health Sense: Health insurance still 'velvet handcuffs' stalling retirement
Madison.com
More than 10 million Americans gained health insurance this year through the Affordable Care Act marketplace or Medicaid expansion, according to researchers from Harvard University and the federal government. Yet plenty of people who want to retire but ...

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11/23/2014 03:15 AM

IN THIS CORNER: Say you care with insurance - Scranton Times-Tribune


Scranton Times-Tribune

IN THIS CORNER: Say you care with insurance
Scranton Times-Tribune
A common vehicle to consider for this need is life insurance. A flexible tool, life insurance can provide both death benefits, where proceeds go to your named beneficiaries upon death, and living benefits, where proceeds from the policy can be ...

 

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11/23/2014 05:07 PM

Skipping COBRA for Health Insurance Can Save You Money, But Not Always - Lifehacker


Lifehacker

Skipping COBRA for Health Insurance Can Save You Money, But Not Always
Lifehacker
When you leave your job, federal law requires your employer to let you stay on your existing health insurance. You'll pay full price for that insurance without an employer subsidy. You might consider buying your own insurance on the marketplace instead.

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11/23/2014 03:20 PM

Implementing Health Reform: 2016 Benefit And Payment Parameters Proposed ... - Health Affairs (blog)


Implementing Health Reform: 2016 Benefit And Payment Parameters Proposed ...
Health Affairs (blog)
Part I of this post examined the benefit provisions of this proposed rule. This post will analyze the parts of the rule that deal with the insurance market reforms; the reinsurance, risk adjustment, and risk corridor programs; health insurance rate ...

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insurance news feeds
 

International Insurance News

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11/06/2014 01:43 PM

AM Best Removes Ratings of International Fidelity Insurance Company and Its ... - Business Wire (press release)


AM Best Removes Ratings of International Fidelity Insurance Company and Its ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of International Fidelity Insurance Company (IFIC ...

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11/20/2014 01:41 PM

International Insurance Regulation - Insurance News Net


International Insurance Regulation
Insurance News Net
It is important to note that any standards adopted by the IAIS are not binding on the Federal Reserve, the FIO, state insurance regulators, or any U.S. insurance company. During the development of global standards for insurance firms by the IAIS, the ...

 

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11/23/2014 12:26 AM

MetLife Middle East & Africa wins Life Insurance Company of the Year Award at ... - Zawya (registration)


MetLife Middle East & Africa wins Life Insurance Company of the Year Award at ...
Zawya (registration)
23 November 2014 (Dubai, United Arab Emirates): MetLife - one of the region's leading insurance companies and a global provider of insurance, annuities and employee benefit programs - was the winner of the Life Insurance Company of the Year Award at ...

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11/21/2014 08:15 PM

KPMG International | IRS Chief Counsel - Interest paid by insurance company on ... - Linex Legal (press release) (registration)


KPMG International | IRS Chief Counsel - Interest paid by insurance company on ...
Linex Legal (press release) (registration)
TaxNewsFlash - United States-IRS Chief Counsel - Interest paid by insurance company on funding agreements is “policy interest” under section 812(b)(2) November 21: The IRS today publicly released a redacted field advice memorandum* that concludes ...

 

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11/09/2014 11:25 AM

International insurance companies to enter Myanmar insurance market - The Nation


International insurance companies to enter Myanmar insurance market
The Nation
"AIA Insurance Company expects to work for long in Myanmar. AIA intends to enter the life and health insurance markets. Life insurance market is one with huge potential. As only a representative office is allowed to be opened right now, we are ready to ...

 

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11/23/2014 08:00 PM

News From the Advertising Industry - New York Times


News From the Advertising Industry
New York Times
The account was handled by the Chicago office of Ogilvy & Mather Worldwide, part of WPP, until a conflict emerged recently when Ogilvy & Mather's New York office began working with another insurance company, Nationwide. BBDO New York is ... Also, Neal ...

 

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11/23/2014 08:06 PM

Few think about insurance when air ambulance lifts off; then ... surprise - Scottsbluff Star Herald


Few think about insurance when air ambulance lifts off; then ... surprise
Scottsbluff Star Herald
International flights such as the ones that brought Ebola patients to Omaha, can cost hundreds of thousands of dollars. Phoenix Air, which has the State Department contract for Ebola transports, charges $200,000 for each patient. Few insurance policies ...

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11/23/2014 05:20 AM

NAIC Elects 2015 Officers - Insurance News Net


NAIC Elects 2015 Officers
Insurance News Net
... reinsurers, producers, and commercial policyholders in a wide-array of complex insurance regulatory and corporate matters, including landmark demutualizations, mergers and acquisitions, insurance company liquidations and international transactions.

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11/08/2014 05:53 AM

Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ... - Seeking Alpha (registration)


Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ...
Seeking Alpha (registration)
Creating a balanced portfolio of local and international assets is good for portfolio diversification, and there are some interesting and high-yielding opportunities in the European Union for investors seeking foreign exposure to solid income-producing ...

 

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11/16/2014 10:42 PM

Debub Global, Lucy Join Forces - The Reporter


Debub Global, Lucy Join Forces
The Reporter
The National Bank of Ethiopia (NBE), the country's regulatory body of the financial sector, has turned down the formal application lodged by Debub Global and Addis International banks to establish a sister insurance company while the former managed to ...

 

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