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National Insurance News

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07/29/2016 11:58 AM

The 8 Things Your Health Insurance DOESN'T Cover - Huffington Post


Huffington Post

The 8 Things Your Health Insurance DOESN'T Cover
Huffington Post
Private individual/family policies: “There are some private insurance plans created for individuals or families that you can look at,” says Rickard. These are plans created by companies like Aetna, Blue Cross, and Cigna. To research these plans or find ...
Keeping “Kids” On Your Health Insurance PolicyClarifying Health (blog)

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07/29/2016 11:04 AM

When Big Insurance Companies Merge, Who Benefits? - Hartford Courant


Hartford Courant

When Big Insurance Companies Merge, Who Benefits?
Hartford Courant
The U.S. Justice Department's lawsuits to block insurance industry deals that would combine Aetna and Humana, and Cigna and Anthem, have raised divergent views on who benefits and who might be harmed. Both Aetna and Anthem say they will vigorously ...
Anthem Tells Judge Cigna Deal Helps Health Insurance MarketsBloomberg
Insurance companies blocked from averting suicideOneNewsNow

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07/29/2016 03:12 PM

Is Travel Insurance Worth It? Here's When It Does — and When It Doesn't — Make Sense - Mic


Is Travel Insurance Worth It? Here's When It Does — and When It Doesn't — Make Sense
Mic
After terrorist attacks hit some of the most popular travel destinations in Europe this summer, searches for travel insurance related to terrorism jumped more than 200%, data from the travel insurer Squaremouth showed. "Since Brussels, really, we've ...

 

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07/29/2016 05:00 AM

US, China Insurance Regulators Keep Open Dialogue - Insurance Journal


US, China Insurance Regulators Keep Open Dialogue
Insurance Journal
Junbo said the ongoing work at the International Association of Insurance Supervisors (IAIS) to develop an insurance capital standard “must proceed at a measured pace and should be a standard which jurisdictions can implement to ensure it is truly ...
China insurance profits down 54 percent in first half | ReutersReuters
Life insurance revenues surgeChina Daily
EconomyChina H1 insurance industry profits fall 54%Financial Times

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07/29/2016 12:16 PM

Insurance sticker shock - Champaign/Urbana News-Gazette


Insurance sticker shock
Champaign/Urbana News-Gazette
What many employees may not realize is that increases in health insurance premiums of 9 percent — or higher — are common. Just ask any human resource professional in the region. Earlier this month, Health Alliance — the Urbana-based health insurer ...

 

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07/28/2016 01:58 PM

Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby's - Wall Street Journal


Wall Street Journal

Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby's
Wall Street Journal
Now, the Chinese insurance tycoon is going after the original. The $233 million investment by Mr. Chen's Taikang Life Insurance Co., disclosed Wednesday, makes China's No. 5 insurer by sales the biggest shareholder in one of the world's most storied ...
China's Taikang Life Insurance reveals 13.5% stake in Sotheby'sMarketWatch

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07/28/2016 08:06 PM

Oklahoma Insurance Regulators Still Face An Unprecedented Risk - Forbes


Forbes

Oklahoma Insurance Regulators Still Face An Unprecedented Risk
Forbes
Regulators in Oklahoma are working to manage an expanding local insurance market, as the frequency of earthquakes in the state has leaped and created an unprecedented risk in the state. As a result of an astronomical increase in the number of ...

 

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07/29/2016 03:15 AM

Vail collected insurance, didn't pay burial costs - Jackson Clarion Ledger


Jackson Clarion Ledger

Vail collected insurance, didn't pay burial costs
Jackson Clarion Ledger
Four months before his wife's drowning, Vail paid an entire year's premiums in advance for a $50,000 life insurance policy from Traveler's Insurance. That policy contained a double indemnity clause, promising to pay at least double the face value in ...

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07/29/2016 02:00 AM

Pennsylvania health insurance companies request substantial 2017 rate increases - PhillyVoice.com


PhillyVoice.com

Pennsylvania health insurance companies request substantial 2017 rate increases
PhillyVoice.com
Representatives from six major health insurance companies requested double-digit increases in rates on Wednesday at a public information hearing on the costs of healthcare for insurers, consumers and other stakeholders. Insurance Commissioner Teresa ...

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07/28/2016 01:14 PM

Bamboozled: Could your auto insurance policy be a fake? - NJ.com


NJ.com

Bamboozled: Could your auto insurance policy be a fake?
NJ.com
Last month, we took a look at why you should worry if you regularly receive someone else's mail. So when we heard about a car insurance scam linked to mail delivery, we wanted to know more -- even though the scam is thousands of miles away in Scotland.

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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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07/01/2016 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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07/25/2016 07:14 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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07/22/2016 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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07/11/2016 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 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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07/27/2016 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
Hollard Ghana combines its deep local knowledge of the market with the world-class expertise of an international insurance brand. [With their headquarters] in South Africa but [their] feet firmly planted on Ghanaian soil, [they] deliver innovative ...

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07/28/2016 10:01 PM

Chubb Names Michael Kessler Chief Reinsurance Officer - Yahoo Finance


Chubb Names Michael Kessler Chief Reinsurance Officer
Yahoo Finance
Since 2008, prior to ACE's January 2016 acquisition of Chubb, he has served as Chief Actuary for the company's international general insurance business. Mr. Kessler ... Chubb is the world's largest publicly traded property and casualty insurance company.

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07/29/2016 04:54 AM

Retiring incumbent leaves open seat on Superior Court - HeraldNet


HeraldNet

Retiring incumbent leaves open seat on Superior Court
HeraldNet
EVERETT — Local attorneys didn't expect anyone to challenge longtime Snohomish County Superior Court Judge Thomas Wynne for his seat. Wynne is the most senior jurist on the bench with 24 years of experience. He made it known he was going to seek ...

 

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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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