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National Insurance News

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07/27/2016 04:06 PM

Michigan auto insurance rates go up in October - Lansing State Journal


Lansing State Journal

Michigan auto insurance rates go up in October
Lansing State Journal
LANSING – In October, an estimated 2 million Michigan drivers can expect to pay $40 more per vehicle for their auto insurance. Auto insurers blame the rate increase on the removal of an $80 million tax credit from the state's 2016-2017 budget.

 

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07/27/2016 10:47 PM

China's Taikang Life Insurance Takes 13.5% Stake in Sotheby's - Wall Street Journal


Wall Street Journal

China's Taikang Life Insurance Takes 13.5% Stake in Sotheby's
Wall Street Journal
A Chinese life insurance company run by the grandson-in-law of Chairman Mao Zedong has bought a 13.5% stake in Sotheby's, citing a “positive view” of the auction house as well as potential interest in a board seat. Taikang Life Insurance Co., one of ...

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07/27/2016 10:53 PM

Players union to fund health care for retired NBA players - ESPN


FOXSports.com

Players union to fund health care for retired NBA players
ESPN
Retired NBA players with at least three years of service time in the league will receive health insurance funded by the National Basketball Players Association. The NBPA voted unanimously to approve the measure, one it touted as "the first of its kind ...
NBA Players Association announces it will fund health insurance for retired playersFOXSports.com
Players union to fund health insurance for retired NBA playersNBA.com (blog)

all 11 news articles »
 

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07/27/2016 08:42 PM

State recovers $3.5 million in insurance fraud case - MyCentralJersey.com


MyCentralJersey.com

State recovers $3.5 million in insurance fraud case
MyCentralJersey.com
Suit was filed against Gregorio Lajara of Perth Amboy and others, health care practitioners and facilities. Individuals allegedly were involved in scheme to defraud Allstate and other insurance companies. Allstate New Jersey Insurance Company and its ...

 

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07/27/2016 09:51 PM

East Aurora school board president says insurance changes will help teacher hiring - Chicago Tribune


East Aurora school board president says insurance changes will help teacher hiring
Chicago Tribune
East Aurora School District 131 will change its insurance coverage for teachers who leave the end of the school year, a move school board President Annette Johnson said could help the district's hiring. Under a new resolution approved by the school ...

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07/27/2016 06:48 PM

CareFirst ups insurance rate increase request for 2017 - Baltimore Business Journal


Baltimore Business Journal

CareFirst ups insurance rate increase request for 2017
Baltimore Business Journal
CareFirst BlueCross BlueShield is seeking a higher rate increase than expected — asking for a 27.8 percent increase to its HMO plan and a 36.6 percent increase to its PPO plan. Those rates are higher than the initial request CareFirst made of 12 ...

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07/27/2016 03:27 PM

Say what? Average health insurance prices fell — really — after Obamacare - CNBC


CNBC

Say what? Average health insurance prices fell — really — after Obamacare
CNBC
The average premiums in the nation's individual health insurance market "actually dropped significantly" in 2014, the year that the Affordable Care Act took effect, "even while consumers got better coverage," according to two health-care analysts whose ...

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07/26/2016 10:26 PM

Insurance company founded by Trump relative will slash coverage - New York Daily News


New York Daily News

Insurance company founded by Trump relative will slash coverage
New York Daily News
An insurance company popular among Silicon Valley investors that was co-founded by the brother of Donald Trump's son-in-law announced Tuesday it is leaving thousands of its customers high and dry. Oscar insurance slashed its coverage in half — from ...

 

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07/27/2016 06:17 AM

Graduate of Disabled Veterans Insurance Careers Hired to Florida Insurance Agency - Insurance Journal


Insurance Journal

Graduate of Disabled Veterans Insurance Careers Hired to Florida Insurance Agency
Insurance Journal
Disabled Veterans Insurance Careers (DVIC), the non-profit organization that helps train, educate and create employment opportunities within the insurance industry for disabled veterans, celebrated the graduation of Joanne Smith on June 30.

 

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07/25/2016 08:24 PM

Single Mom's Search For Therapist Hampered By Insurance ... - NPR - NPR


NPR

Single Mom's Search For Therapist Hampered By Insurance ... - NPR
NPR
A 12-year-old boy named Strazh hangs from the monkey bars, staring at the ground. The other kids in the park in San Francisco aren't interested in him. And he's ...

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International Insurance News

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07/01/2016 05:55 PM

A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000 - Business Wire (press release)


A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of Markel International Insurance Company Limited (MIICL) (United Kingdom) and Lloyd's Syndicate 3000 (United ...

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07/25/2016 07:03 AM

Houston International Insurance Group Announces Senior Management Promotions - Insurance Journal


Houston International Insurance Group Announces Senior Management Promotions
Insurance Journal
Houston International Insurance Group (HIIG) announced senior management promotions for its holding company, property/casualty underwriting operations and other business units. Peter Smith has been promoted to president of the holding company and ...

 

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07/01/2016 09:49 PM

A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ... - Business Wire (press release)


A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ...
Business Wire (press release)
Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Sirius International Insurance Corporation (publ) (Sirius International) (Sweden) and its subsidiary, Sirius America Insurance Company (Sirius America) (New York, NY).

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07/22/2016 11:05 AM

Why Form A Captive Insurance Company In Barbados? - Mondaq News Alerts (registration)


Why Form A Captive Insurance Company In Barbados?
Mondaq News Alerts (registration)
Apart from Barbados' reputation as one of the premier holiday destinations in the world and its recognition as being among the top developing nations worldwide, the island has developed and enjoys a reputation as one of the world's leading ...

 

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07/27/2016 05:03 PM

Kotoko sign five-year deal with insurance company Hollard Ghana ... - GhanaWeb


GhanaWeb

Kotoko sign five-year deal with insurance company Hollard Ghana ...
GhanaWeb
The management of Kotoko and reputable insurance firm, Hollard Ghana have signed a five-year partnership agreement that would among other things see the ...

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07/27/2016 03:09 PM

Iranian private sector calls for development of international insurance ties - Tehran Times


Tehran Times

Iranian private sector calls for development of international insurance ties
Tehran Times
Underscoring the role of insurance coverage as the developer of business activities, he exemplified the Italian insurance company, SACE, who signed three collaboration agreements with the major Iranian private banks, Bank Pasargad, Bank Parsian and ...

 

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07/11/2016 01:54 PM

Edelweiss gets nod from IRDA to set up insurance company in India - International Business Times, India Edition


International Business Times, India Edition

Edelweiss gets nod from IRDA to set up insurance company in India
International Business Times, India Edition
Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance company in India with the Insurance Regulatory and Development Authority of India (IRDAI) approving its registration application, as disclosed by Edelweiss ...

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07/27/2016 06:51 AM

Correction: Catalina to Buy Hartford Financial Products International & Downlands Liability Management - Insurance Journal


Hartford Courant

Correction: Catalina to Buy Hartford Financial Products International & Downlands Liability Management
Insurance Journal
Catalina Holdings (Bermuda) Ltd. announced its wholly owned subsidiary Catalina Holdings UK Ltd. has signed a definitive agreement to acquire Hartford Financial Products International Ltd. (HFPI) and Downlands Liability Management Ltd. (DLM) from ...
The Hartford To Sell UK P&C Runoff Subsidiaries To CatalinaHartford Courant
Catalina to acquire ExcessThe Insurance Insider (subscription)
Notable Mergers and Acquisitions 7/26: (EVER) (HIG) (TGNA) (SWHC)StreetInsider.com

all 12 news articles »
 

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07/11/2016 09:47 AM

SA wine company wins insurance bid - The Advertiser


The Advertiser

SA wine company wins insurance bid
The Advertiser
A SOUTH Australian wine maker has successfully sued its international insurance company for $250,000 after it refused to cover money lost when a US buyer failed to pay for wine it had ordered. Adelaide company Heath Wines took its US-based insurance ...

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07/18/2016 07:30 AM

Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe - Business Wire (press release)


Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe
Business Wire (press release)
BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has expanded its Northern European operations, appointing Ulrich Kremer as Senior Vice President, Claims, Northern Europe. ... In Europe, the ...

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