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National Insurance News

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04/29/2016 11:15 AM

Insurance Company Now Offers Cyberbullying Coverage - NBCNews.com


NBCNews.com

Insurance Company Now Offers Cyberbullying Coverage
NBCNews.com
Insurance giant Chubb recently began offering optional cyber bullying coverage for its homeowners insurance clients. Anyone who has had embarrassing photos posted on social media or been deluged with angry messages can attest to the high emotional ...

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04/29/2016 06:10 PM

TALLAHASSEE (CBSMiami/NSF) – The impasse over Florida's next insurance commissioner has ended. - CBS Local


CBS Local

TALLAHASSEE (CBSMiami/NSF) – The impasse over Florida's next insurance commissioner has ended.
CBS Local
Remaining in-house, Gov. Rick Scott and state Chief Financial Officer Jeff Atwater — in their third attempt to reach a joint recommendation on the high-profile job — agreed to promote Deputy Commissioner David Altmaier to become the state's top ...
Governor and Cabinet finally agree on new insurance commissionerSun Sentinel
Gov. Rick Scott, CFO Jeff Atwater choose deputy David Altmaier as insurance commissionerTampabay.com
Florida Picks Deputy Altmaier to Be Next Insurance CommissionerInsurance Journal
Orlando Sentinel
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04/29/2016 01:05 PM

Does your homeowners insurance fully cover you for these seven common claims? - CNBC


CNBC

Does your homeowners insurance fully cover you for these seven common claims?
CNBC
Roughly 5 percent of insured homeowners filed a claim in 2014 (the latest year available), according to data from ISO, a division of Verisk Analytics. The average claim: $10,750. "From a coverage perspective, it's very important to make sure they're ...

 

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04/29/2016 01:13 PM

Myles Jack will collect on insurance policy if he falls to 45th pick - ESPN


ESPN

Myles Jack will collect on insurance policy if he falls to 45th pick
ESPN
Two players who slipped past the first round of the NFL draft on Thursday could benefit from insurance policies they took out while still in college. Former UCLA linebacker Myles Jack is covered by a $5 million loss-of-value policy. When his mother ...
Report: Myles Jack to collect on insurance policy if he falls to 45th pickCBSSports.com
Myles Jack's worst draft fears came true (with insurance caveat)New York Post

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04/29/2016 01:00 PM

Large Insurers Eager But Cautious About Drone Insurance Market - Insurance Journal


Large Insurers Eager But Cautious About Drone Insurance Market
Insurance Journal
A growing number of insurance companies envision a large, robust insurance market for liability and property coverage associated with drone use. However, many insurers currently are proceeding with caution in light of uncertainty about how the drones ...

 

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04/29/2016 02:38 PM

Fire Department upgrade means lower insurance rates - CT Post


CT Post

Fire Department upgrade means lower insurance rates
CT Post
Construction workers on the scene of a fatal construction accident at Sikorsky Airport in Stratford, Conn. on Thursday, June 25, 2015. According to fire officials, a worker was killed when a saw kicked back , causing a fatal injury to the man's neck. less.

 

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04/28/2016 11:45 PM

Indianapolis, FEMA seek deal on flood insurance suspension - Indianapolis Star


Indianapolis Star

Indianapolis, FEMA seek deal on flood insurance suspension
Indianapolis Star
The city and the Federal Emergency Management Agency were in settlement talks Thursday to lift a suspension of flood insurance policy renewals for Marion County homeowners. The possible deal averted a showdown in U.S. District Court in Indianapolis, ...
Pennsylvania Insurance Commissioner Commends U.S. House on Unanimous Passage of Pro-Consumer Bill ...PR Newswire (press release)
House passes private Flood insurance billPropertyCasualty360
Flood insurance bill could bring relief to homeownersHousingWire
Morning Consult -National Mortgage News -Builder Magazine
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04/29/2016 03:25 PM

Allen farmers charged with crop insurance fraud - Bowling Green Daily News


Allen farmers charged with crop insurance fraud
Bowling Green Daily News
In two separate informations filed this month by the U.S. Attorney's Office for the Western District of Kentucky, David Manion, 53, and Henry Manion, 48, are accused of knowingly making false statements and reports on applications for insurance to ...

 

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04/29/2016 06:46 PM

Travel Insurance - Are You Covered - Albuquerque Journal


Kiplinger Personal Finance

Travel Insurance - Are You Covered
Albuquerque Journal
Have you ever been stranded at the airport due to inclement weather when you should be relaxing in Florida with your family? Weather, lost luggage and medical issues are just a few things that can put a damper on your vacation. Travel insurance is less ...
Travel Insurance to Protect Your VacationKiplinger Personal Finance
First-class insurance the best way to ensure a safe holidayIrish Independent

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04/28/2016 09:18 PM

NJ man admits he stripped his motorcycle for insurance cash. Twice. - NJ.com


NJ.com

NJ man admits he stripped his motorcycle for insurance cash. Twice.
NJ.com
TRENTON — A Woodbridge man admitted Thursday to claiming thieves had stripped his motorcycle for parts when he actually had an auto shop temporarily remove them so he could collect insurance payments. Lew Alicock was caught on his second attempt ...
Woodbridge man pleads guilty to insurance fraudMyCentralJersey.com

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International Insurance News

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04/21/2016 11:06 PM

Attempts to Embezzle Millions From Global Insurance Company Results in Jail - Lawfuel (blog)


The Journal News | LoHud.com

Attempts to Embezzle Millions From Global Insurance Company Results in Jail
Lawfuel (blog)
From January 2012 through December 2013, SHEA and FALLON engaged in a scheme to embezzle approximately $2.6 million from SHEA's employer, the North American subsidiary of an international insurance company (“Company-1”). SHEA, who rose to ...
Nanuet man sentenced for embezzlement schemeThe Journal News | LoHud.com

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04/25/2016 11:14 PM

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company - Bergen Dispatch


Bergen Dispatch

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company
Bergen Dispatch
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that James J. Shea, age 49 of Paramus, New Jersey, was sentenced in Manhattan federal court to 18 months in prison for participating in a scheme to ...

 

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04/08/2016 05:57 PM

Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA) - Los Angeles Mirror


Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA)
Los Angeles Mirror
Magna International (USA) (MGA) : Manufacturers Life Insurance Company The scooped up 32,296 additional shares in Magna International (USA) during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now ...

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04/05/2016 07:05 AM

Manufacturers Life Insurance Company The buys $318.3 Million stake in Tempur Sealy International Inc (TPX) - SCSUCollegian


Manufacturers Life Insurance Company The buys $318.3 Million stake in Tempur Sealy International Inc (TPX)
SCSUCollegian
Tempur Sealy International Inc (TPX) : Manufacturers Life Insurance Company The scooped up 28,486 additional shares in Tempur Sealy International Inc during the Q4 period, according to a recent disclosure to the SEC. The investment management firm ...

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04/29/2016 06:19 PM

Warren Buffett's annual insights to be delivered online - BBC News


BBC News

Warren Buffett's annual insights to be delivered online
BBC News
Investors in Warren Buffett's company Berkshire Hathaway will be able to access the "sage of Omaha's" insights live on the internet this year. Yahoo will live stream the five hour Q&A, and start of Berkshire Hathaway's shareholders meeting. The company ...

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04/29/2016 01:00 PM

Large Insurers Eager But Cautious About Drone Insurance Market - Insurance Journal


Large Insurers Eager But Cautious About Drone Insurance Market
Insurance Journal
According to a white paper prepared by Assurex Global with insurance brokerage Shaw Sabey & Associates and managing general agent Plus Underwriting Managers, businesses and government entities relying on drones face potential liability exposures that ...

 

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04/29/2016 11:27 AM

Anbang Life Insurance sees net profit surge 131 per cent to 19.66 billion yuan on asset gains - South China Morning Post


South China Morning Post

Anbang Life Insurance sees net profit surge 131 per cent to 19.66 billion yuan on asset gains
South China Morning Post
Anbang Insurancehas continued its global expansion this year by acquiring the Dutch insurance company Vivat and South Korea's Tongyang Life Insurance. Brett McGonegal, chairman of Capital Link International, said Anbang Insurance's global acquisitions ...

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04/28/2016 12:01 PM

CIBC a player in insurance market - Nation News


Nation News

CIBC a player in insurance market
Nation News
“As a result, FirstCaribbean International Trust and Merchant Bank (Barbados) Limited can no longer conduct business as an insurance broker in Barbados,” Graham said. He added: “Colonial Medical Insurance Company Limited has been issued with a ...

 

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04/29/2016 10:12 AM

HSB BI&I of Canada Offers Equipment Breakdown Cover for Microelectronics - Insurance Journal


HSB BI&I of Canada Offers Equipment Breakdown Cover for Microelectronics
Insurance Journal
The Boiler Inspection and Insurance Company of Canada (HSB BI&I), part of Munich Re, announced the introduction of TechAdvantage™, its new standard equipment breakdown policy. The company said it is the first equipment breakdown insurance product ...

 

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04/28/2016 08:05 PM

James T. Morris Joins Edison International and Southern California Edison Boards of Directors - Business Wire (press release)


James T. Morris Joins Edison International and Southern California Edison Boards of Directors
Business Wire (press release)
Morris, 56, is the chairman, president and chief executive officer of Pacific Life Insurance Company, and its parent companies Pacific Mutual Holding Company and Pacific LifeCorp. He has served as president and chief executive officer since 2007 and ...

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