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National Insurance News

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08/27/2015 11:47 PM

Spouse of deceased SCS employee fears hike in insurance cost - wreg.com


wreg.com

Spouse of deceased SCS employee fears hike in insurance cost
wreg.com
As Shelby County Schools looked to cut back on the $1.5 billion it pays to provide retiree benefits, spouses of deceased SCS employees might be the first to face a change. “She passed away. What do you do? You've got to have insurance,” said Richard ...

 

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08/28/2015 12:15 AM

Now Your Insurance Company Wants to Spy On You In Your Car - Jalopnik


Now Your Insurance Company Wants to Spy On You In Your Car
Jalopnik
The plan is to use monitors and cameras already featured in many vehicles, like those offered on some insurance plans that score the driver and offer reduced rates for safer driving, while also developing new technology and methods. The list of things ...

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08/27/2015 11:19 AM

Should you take out an insurance policy to cover college tuition? - Washington Post


Should you take out an insurance policy to cover college tuition?
Washington Post
Before Jackie Niblock sent her only son Ryan off to Virginia Tech this month, she made sure he had all of the snacks and comfy sheets he needed to feel at home in Blacksburg. And for her own comfort, she took out a $50,000 insurance policy that would ...

 

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08/27/2015 08:51 PM

Washington health insurance rates to go up 4.2 percent - Mid Columbia Tri City Herald


KMVT

Washington health insurance rates to go up 4.2 percent
Mid Columbia Tri City Herald
SEATTLE — People who buy their health insurance on the Washington Healthplanfinder exchange can expect an average 4.2 percent increase in their rates in 2016. The rate increases approved Thursday by the Office of the Insurance Commissioner are ...
Insurance Department releases health insurance rate increases for 2016KMVT

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08/27/2015 10:03 AM

How Hurricane Katrina Changed Your Finances Forever - TIME


TIME

How Hurricane Katrina Changed Your Finances Forever
TIME
Institutional structures proved similarly weak against the strength of the storm, most notably the insurance that was supposed to protect homeowners. Private insurance companies balked on payments: Two years after the storm, the New York Times reported ...
Hurricane Katrina reminder of importance of flood insuranceWDTN

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08/27/2015 08:56 PM

Improved Storm Modeling Since Katrina Changes Insurance Equation - Wall Street Journal (blog)


Wall Street Journal (blog)

Improved Storm Modeling Since Katrina Changes Insurance Equation
Wall Street Journal (blog)
Hurricane Katrina changed the way insurance companies and some corporations build catastrophe models and calculate the potential damage from a big storm, leading to more accurate damage predictions, better risk assessments and more strategic and ...

 

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08/27/2015 12:36 PM

Storm prep guide: How to review your insurance coverage - Miami Herald


Storm prep guide: How to review your insurance coverage
Miami Herald
Visit or call your agent for an insurance checkup. Have you made significant improvements that have increased the replacement cost of your home? Can you cut your premium significantly by increasing your deductible? Are you receiving all the credit you ...

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08/27/2015 04:28 PM

Former Insurance Broker Sentenced in $3.7 Million Fraud Scheme - Patch.com


Patch.com

Former Insurance Broker Sentenced in $3.7 Million Fraud Scheme
Patch.com
“The defendant held himself out as an honest broker to hundreds of trucking companies, but he simply pocketed their premium payments instead of securing legitimate insurance coverage,” said U.S. Attorney John Horn. “His scam tricked clients into ...
Scamming Cargo Insurance Broker Behind Bars | Transport Topics Online ...Transport Topics Online

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08/27/2015 01:23 PM

UK's PI Insurance Sector Expected to Grow by Almost 6% Annually: Report - Insurance Journal


UK's PI Insurance Sector Expected to Grow by Almost 6% Annually: Report
Insurance Journal
The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of a new report by London-based business intelligence ...

 

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08/27/2015 01:33 PM

Raiding Car Crash Victim Insurance Reserves No Way to Fund Roads - Mackinac Center for Public Policy


Raiding Car Crash Victim Insurance Reserves No Way to Fund Roads
Mackinac Center for Public Policy
Perhaps no two human activities are more antithetical to each other than politics and the business of insurance. Insurance is all about prudence and taking the long view, while politics is — not. An example is House Bill 4560, introduced by Rep. Peter ...

 

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International Insurance News

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08/27/2015 02:54 PM

The Fastest Growing Insurance Company in Ghana | Activa International Insurance - Marcopolis


Marcopolis

The Fastest Growing Insurance Company in Ghana | Activa International Insurance
Marcopolis
Marcopolis presents the Ghana Report focused on investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are agriculture, banking, energy, industry, telecom, IT ...

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08/10/2015 02:16 PM

AM Best Assigns Ratings to Jordan International Insurance Company - MarketWatch


AM Best Assigns Ratings to Jordan International Insurance Company
MarketWatch
LONDON, Aug 10, 2015 (BUSINESS WIRE) -- A.M. Best hasassigned a financial strength rating of B+ (Good) and an issuer credit rating of “bbb-” to Jordan International Insurance Company (JIIC) (Jordan). The outlook assigned to both ratings is stable.

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08/12/2015 05:03 PM

Navigators Insurance Company Settles With US Sanctions Regulator - Mondaq News Alerts (registration)


Navigators Insurance Company Settles With US Sanctions Regulator
Mondaq News Alerts (registration)
issued global protection and indemnity ("P&I") insurance policies that provided coverage to North Korean-flagged vessels and covered incidents that occurred in or involved Iran, Sudan, or Cuba—some of which led to the payment of claims. In considering ...

 

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08/27/2015 07:56 PM

Jefferies Upgrades China Life Insurance (LFC) to Buy - News Watch International


Jefferies Upgrades China Life Insurance (LFC) to Buy
News Watch International
China Life Insurance Company Limited (NYSE:LFC) : On Wednesday heightened volatility was witnessed in China Life Insurance Company Limited (NYSE:LFC) which led to swings in the share price. The shares opened for trading at $16.72 and hit $16.755 ...

 

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07/30/2015 09:05 PM

Gary airport and insurance company tied up in court - nwitimes.com


nwitimes.com

Gary airport and insurance company tied up in court
nwitimes.com
Old Republic Insurance Company cited a Sept. 8, 2014 letter from the Indiana Department of Environmental Management, which points out contamination at the northwest portion of the main runway and its southeast end. But the insurance company asserts ...

 

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08/27/2015 07:35 AM

Large Outflow of Money Witnessed in American International Group, Inc. - Money Flow Index


Large Outflow of Money Witnessed in American International Group, Inc.
Money Flow Index
American International Group, Inc. (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 ...
American International Group Lowered to Buy at Vetr Inc. (AIG)Dakota Financial News
American International Group Downgraded by Vetr Inc. to "Buy" (AIG)sleekmoney
American International Group (NYSE:AIG) Stock Rating Decreased to buy at Vetr ...OctaFinance.com

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08/11/2015 12:42 PM

XL Group plc To Acquire Leading Specialty Entertainment Insurer Allied ... - PR Newswire (press release)


Insurance Business America

XL Group plc To Acquire Leading Specialty Entertainment Insurer Allied ...
PR Newswire (press release)
... ("XL America"), has entered into a definitive agreement to acquire Allied International Holdings, Inc., the holding company of Allied Specialty Insurance, Inc. and T.H.E. Insurance Company, a leading insurer of the outdoor entertainment industry in ...
XL to Acquire Entertainment Insurance Firms Allied Specialty, THE CompanyInsurance Journal
XL Group to Buy Allied International; Hits 52-Week HighZacks.com
XL Group announces takeover of specialty entertainment insurerInsurance Business America

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08/26/2015 10:00 AM

American International Group, Inc. Short Interest Update - Money Flow Index


American International Group, Inc. Short Interest Update
Money Flow Index
American International Group, Inc. (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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08/03/2015 01:28 AM

Company Shares of American National Insurance Company Rally 1.96% - News Watch International


Company Shares of American National Insurance Company Rally 1.96%
News Watch International
Shares of American National Insurance Company (NASDAQ:ANAT) rose by 1.96% in the past week and 2.14% for the last 4 weeks. In the past week, the shares have outperformed the S&P 500 by 0.79% and the outperformance increases to 0.83% for the last ...

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08/21/2015 11:44 AM

Guernsey tops 800 licenced insurance companies - International Adviser


International Adviser

Guernsey tops 800 licenced insurance companies
International Adviser
Guernsey's reputation in this area gained a boost when the BT Pension Scheme transferred a massive £16bn of its liabilities to the Prudential Insurance Company of America using a Guernsey-based insurance company, BTPS Insurance ICC. The ICC was ...

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