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National Insurance News

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09/20/2014 07:18 PM

State says PG County schools CFO committed insurance fraud in claim of lost ... - Baltimore Sun


State says PG County schools CFO committed insurance fraud in claim of lost ...
Baltimore Sun
The Maryland Insurance Administration has ruled White and his wife, Keisha, who works as an internal auditor for the school system, committed insurance fraud by filing a claim for a lost diamond ring that another insurer had already paid $16,313 to ...
State says Prince George's schools CFO committed insurance fraud, placed on ...Washington Post
Prince George's County schools CFO suspended after state says he committed ...The Republic

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09/21/2014 08:03 AM

Clock is ticking on terrorism insurance - The Hill


Clock is ticking on terrorism insurance
The Hill
Lawmakers are running out of time to extend an insurance program that provides a financial backstop against the threat of a catastrophic terrorist attack. Congress left town this week without renewing the Terrorism Risk Insurance Act (TRIA), a program ...

 

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09/21/2014 11:37 AM

Millennials remain unconvinced of their need for life insurance - Tallahassee.com


Millennials remain unconvinced of their need for life insurance
Tallahassee.com
While it may not be as popular as November or December with their Thanksgiving and Christmas holidays, September is Life Insurance month. For some people, it's just a good reminder to revisit beneficiaries and death benefit limits to policies because ...
New York Probes Indexed Universal Life Sales PracticesWall Street Journal

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09/21/2014 06:37 AM

Employee benefits firm merges with insurance company - nwitimes.com


Employee benefits firm merges with insurance company
nwitimes.com
Dyer-based Employer Benefit Systems, owned by Will Glaros and his son Matt Glaros, joined forces with Schererville-based HIA Insurance, which is owned by Larry Meyers and his son Jeff Meyers. Both companies have been family-owned for decades.

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09/20/2014 08:13 PM

Health insurance program to deplete its reserve fund - Shreveport Times


WWL First News

Health insurance program to deplete its reserve fund
Shreveport Times
The Jindal administration is making a series of plan changes to stem the financial troubles of the insurance program and address the rising costs of health care. Financial analysts say those in the insurance program in many instances will be paying ...
Health insurance program still hemorrhaging cashOpelousas Daily World
Louisiana health insurance program still hemorrhaging cashWWL First News

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09/20/2014 10:04 PM

The $400 question: Should you drop your flood insurance? - Sun Sentinel


The $400 question: Should you drop your flood insurance?
Sun Sentinel
The Pembroke Pines resident recently received a letter from his mortgage lender confirming his home is no longer in a high-risk flood zone and, as a result, flood insurance coverage is no longer required on his property. The $400 to $500 he could save ...
Cassidy Announces Flood Insurance Map UpdateInsurance News Net

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09/21/2014 08:43 AM

Why can't many working Americans afford medical insurance? - The Daily Progress


Why can't many working Americans afford medical insurance?
The Daily Progress
President Truman called for government-provided health insurance in 1945, ironically coinciding with the health insurance industry's era of greatest growth. According to the Blue Cross Blue Shield website timeline, "The spread of health insurance ...

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09/20/2014 03:06 AM

How much life insurance is enough? - St. George Daily Spectrum


How much life insurance is enough?
St. George Daily Spectrum
If something were to happen to you, would your family have enough life insurance to continue living the way they do today? Experts say many families need 70 percent to 90 percent of their current gross income if something were to happen to the ...

 

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09/21/2014 07:33 AM

SouthGroup Insurance named to 'Best Practices' study - Mississippi Business Journal (blog)


SouthGroup Insurance named to 'Best Practices' study
Mississippi Business Journal (blog)
southgroup_logo_web RIDGELAND — SouthGroup Insurance Services is part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA) “Best Practices” ...

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09/19/2014 04:18 PM

'Sharing economy' creates insurance challenges - KTVZ


KTVZ

'Sharing economy' creates insurance challenges
KTVZ
(AP) — Typical insurance policies won't cover people participating in the "sharing economy" by renting out their home or using their car for a driving service, Oregon's insurance commissioner warned Friday. The state's insurance regulator had ...

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International Insurance News

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09/08/2014 02:37 AM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ... - Insurance News Net


Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

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09/11/2014 12:14 AM

Specialty Insurance Group Partners with Everest Reinsurance Company to ... - Insurance News Net


Specialty Insurance Group Partners with Everest Reinsurance Company to ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

 

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08/30/2014 04:16 AM

AM Best Assigns Ratings To Ally International - Bernews


AM Best Assigns Ratings To Ally International
Bernews
Rating company A.M. Best has assigned a financial strength rating of B++ [Good] and an issuer credit rating of “bbb+” to Ally International Insurance Company Ltd. [Ally IICL], which is ultimately owned by Ally Financial, Inc. [Ally Financial]. The ...

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09/03/2014 12:55 PM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ... - Business Wire (press release)


Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ...
Business Wire (press release)
... and Everest Reinsurance Company, both members of Everest Re Group, Ltd., have announced an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance company partners ...

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09/11/2014 08:02 PM

American International Group: A Deep-Value Insurance Investment With Massive ... - Seeking Alpha (registration)


American International Group: A Deep-Value Insurance Investment With Massive ...
Seeking Alpha (registration)
The insurance company, which is an industry leader in property and casualty, as well as life insurance solutions, has launched a strong comeback with accompanying share buybacks, initiated a dividend and is now in the process of improving the ...

 

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08/28/2014 01:03 PM

Update on International Fidelity Insurance Company's Financial Condition - PR Web (press release)


Update on International Fidelity Insurance Company's Financial Condition
PR Web (press release)
IFIC has recently filed its second quarter June 30, 2014 statutory financial statements. The company's improved investment performance and continuing sound underwriting results contributed to an increase, year over year, in earnings before and after ...

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08/26/2014 07:09 PM

On the move: How and why to obtain international health insurance - Devex


On the move: How and why to obtain international health insurance
Devex
... of coverage, it was $21,” said David Brumbach, director of personal insurance with Clements Worldwide, a global insurance company with more than 65 years of experience helping development professionals secure the international coverage they need.

 

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09/21/2014 10:19 AM

After Surgery, Surprise $117000 Medical Bill From Doctor He Didn't Know - New York Times


New York Times

After Surgery, Surprise $117000 Medical Bill From Doctor He Didn't Know
New York Times
In Mr. Drier's case, the primary surgeon, Dr. Nathaniel L. Tindel, had said he would accept a negotiated fee determined through Mr. Drier's insurance company, which ended up being about $6,200. (Mr. Drier had to pay $3,000 of that to meet his ...
After Surgery, $117000 Bill for Doctor He Didn't KnowCNBC
After Surgery, $117000 Bill From Doctor He Never SawNDTV
Mysterious surgeons hit patients with feesColumbus Dispatch
Longview News-Journal
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09/21/2014 07:33 AM

Employers and their workings are in the dark about health-care prices - Sacramento Bee


Employers and their workings are in the dark about health-care prices
Sacramento Bee
"We really need to understand where the money is being spent in order to be insightful about benefit design changes," said Duane Fitch, a health-care consultant for Service Employees International Union Local 1991, which represents physicians and ...

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08/27/2014 08:25 AM

Bondholders challenge sale of Espirito Santo's insurance company - MSN Money


Bondholders challenge sale of Espirito Santo's insurance company
MSN Money
LONDON, Aug 27 (Reuters) - A small group of bondholders is trying to block part of a major restructuring plan for Espirito Santo group, the family business empire whose collapse rocked international markets. The bondholders are challenging the sale of ...

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