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National Insurance News

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04/24/2015 03:20 PM

Uber insurance bill passes Senate - Tallahassee.com


Tallahassee.com

Uber insurance bill passes Senate
Tallahassee.com
Simmons' bill requires TNCs to carry at least $1 million in death and bodily injury insurance and $50,000 in property damage when giving a ride. It also requires bodily injury coverage of $125,000 per person and $250,000 per incident and $50,000 in ...
Gov. Charlie Baker proposes regulations on Uber, Lyft requiring background ...MassLive.com
House postpones vote on Uber insurance billTampabay.com (blog)
New Baker bill allows Uber, Lyft to operate legally -- with insuranceBoston Herald
Greenfield Daily Reporter
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04/24/2015 10:52 PM

Duggan: Low-cost auto insurance on the way for Detroit - Detroit Free Press


Detroit Free Press

Duggan: Low-cost auto insurance on the way for Detroit
Detroit Free Press
Discounted car insurance — just for Detroiters? Mayor Mike Duggan pledged today he'd make it happen. More than a year after Duggan first proposed creating low-cost car insurance for Detroiters, he suddenly announced before an audience of nearly 800 at ...
Metro Detroit's Big 4 debate schools, roads and auto insurance reformWXYZ
Mayor Duggan Will Unveil Cheaper Car Insurance Program for DetroitersDeadline Detroit

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04/24/2015 06:25 PM

Macon woman, brother arrested for insurance fraud - 13WMAZ


13WMAZ

Macon woman, brother arrested for insurance fraud
13WMAZ
The state Insurance Commissioner's Office reports 42-year-old Arleatha Martin of Macon and her brother, Christopher Lorenzo Battle of Locust Grove are each charged with seven counts of insurance fraud and theft by deception, and three counts of ...
Sister, brother charged in insurance fraud schemeMacon Telegraph (blog)
Siblings arrested in insurance fraud investigation41 NBC News

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04/23/2015 05:36 PM

No-fault auto insurance reform poised for passage - Detroit Free Press


Detroit Free Press

No-fault auto insurance reform poised for passage
Detroit Free Press
The bill, which passed out of the Senate last week with only one hearing, had seven hours of hearings over three days in the House Insurance committee this week. After hearing from the insurance industry, health care providers, patients and consumers, ...
No-fault reform voted out of House Insurance Committee, includes rate reductionMLive.com
House panels amends, OKs no-fault insurance reformsThe Detroit News
Michigan House committee changes, OKs auto insurance bills to require initial ...WDIV Detroit
UPMatters.com -Insurance Journal -WXYZ
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04/24/2015 09:00 AM

What If Long Term Care Insurance Isn't For Me? - Forbes


Forbes

What If Long Term Care Insurance Isn't For Me?
Forbes
Last month, I took some of my own advice and shopped for long term care (LTC) insurance. The cost of long term care is like a bear lurking in the woods to most of us. Is it even likely to affect me? If it does, how long will I need care? And most ...
4 Secrets to Buying Long-Term-Care InsuranceKiplinger Personal Finance

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04/24/2015 07:14 AM

Is It Worth Taking Out Pet Insurance? - Nasdaq


Nasdaq

Is It Worth Taking Out Pet Insurance?
Nasdaq
Pet insurance comes in a variety of options, from basic offerings available through most pet insurers, to more difficult to secure options such as lifetime, high-level coverage. Savings Experiment categorizes these types of coverage available to ...

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04/24/2015 05:49 PM

Chicago Ridge may revise lifetime insurance program - Chicago Tribune


Chicago Ridge may revise lifetime insurance program
Chicago Tribune
A committee of Chicago Ridge trustees will study whether the village should continue offering lifetime insurance coverage for elected officials — a program that will cost the village about $134,460 this year. The committee, to be formed when the new ...

 

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04/24/2015 08:35 PM

Headlights on, insurance surcharge out - Boston Globe (subscription)


Headlights on, insurance surcharge out
Boston Globe (subscription)
That allows an insurance company to potentially tack hundreds of dollars onto a policy holder's premium, either through a surcharge or the loss of merit rating credits awarded to drivers with clean records. Someone who forgets to turn on their ...

 

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04/24/2015 05:05 PM

Hospitals demand a seat at negotiating table for no-fault insurance reform - MLive.com


MLive.com

Hospitals demand a seat at negotiating table for no-fault insurance reform
MLive.com
Legislators have been looking to bring down Michigan auto insurance costs, which some say are the highest in the nation, by taking a look at the no-fault system. The fast-moving legislation has been sent to the House floor – after passing through the ...

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04/24/2015 04:16 AM

Insurance you'll still need in retirement - CBS News


CBS News

Insurance you'll still need in retirement
CBS News
Once you're retired, you typically don't need disability or life insurance to replace your wages. You'll be living off other sources of income: your savings, any pensions, Social Security (with some exceptions -- more on that in a moment). However, you ...
Two insurance products Millennials need to buyChristian Science Monitor
Dog-Owners' Liability Insurance 101Fox Business

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International Insurance News

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04/24/2015 10:04 AM

A.M. Best Upgrades Ratings of AGA International SA and Jefferson Insurance ... - Business Wire (press release)


A.M. Best Upgrades Ratings of AGA International SA and Jefferson Insurance ...
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has upgraded the financial strength rating to A+ (Superior) from A (Excellent) and the issuer credit ratings to “aa-” from “a+” of AGA International SA (AGAI) (France) and its subsidiary, Jefferson Insurance Company ...

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03/31/2015 11:59 AM

S&P upgrades International General Insurance Company Ltd to A- (stable) - MarketWatch


Captive Insurance Times

S&P upgrades International General Insurance Company Ltd to A- (stable)
MarketWatch
HAMILTON, Bermuda, Mar 31, 2015 (BUSINESS WIRE) -- Standard & Poor's Ratings Services (S&P) has upgraded the financial strength ratings for International General Insurance Company Ltd (IGI) to “A-” with a stable outlook. The new rating, which was ...
S&P Upgrades International General InsuranceBernews

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03/27/2015 07:43 AM

Fosun International Eyes Multiple Insurance Deals - Wall Street Journal


Wall Street Journal

Fosun International Eyes Multiple Insurance Deals
Wall Street Journal
Its largest purchase so far, according to Dealogic, has been Fidelidade Group, Portugal's largest insurance company, which it bought for $1.5 billion last year. It also bought a 20% stake in U.S. insurer Ironshore for about $463.8 million last year. In ...

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04/09/2015 08:02 AM

Your insurance company can now use drones to check up on you - Quartz


Quartz

Your insurance company can now use drones to check up on you
Quartz
Insurance giant American International Group yesterday (April 8) announced it has won approval from the US Federal Aviation Administration to fly drones. That means AIG will now be able to use unmanned aerial vehicles to get to disaster-stricken towns ...
AIG Becomes The Latest Company To Use DronesBenzinga

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04/02/2015 11:52 AM

S&P Upgrades International General Insurance Company Ltd - Venture Magazine


Venture Magazine

S&P Upgrades International General Insurance Company Ltd
Venture Magazine
Standard & Poor's Ratings Services (S&P) has upgraded the financial strength ratings for International General Insurance Company Ltd (IGI) to “A-” with a stable outlook. The new rating, which was announced on March 31, 2015, raises the rating to A ...

 

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04/06/2015 04:00 AM

Biolab participates in the Medical Day of Jordan International Insurance Company - Al-Bawaba


Al-Bawaba

Biolab participates in the Medical Day of Jordan International Insurance Company
Al-Bawaba
Biolab, the leading accredited diagnostic laboratories in the Kingdom, has participated in the medical day organized recently by the Jordan International Insurance Company (JIIG) for its employees in the company's premises. During the medical day ...

 

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03/30/2015 01:20 AM

International Insurance Company suddenly increased its assets - Azerbaijan Business Center


International Insurance Company suddenly increased its assets
Azerbaijan Business Center
Baku, Fineko/abc.az. International Insurance Company OJSC (IIC), the largest player of the free insurance market in Azerbaijan (the market without regulated compulsory kinds of insurance), has suddenly increased its assets. IIC informs that the audit ...

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04/24/2015 08:21 AM

A.M. Best Upgrades and Removes From Under Review Ratings of CorePointe ... - Business Wire (press release)


A.M. Best Upgrades and Removes From Under Review Ratings of CorePointe ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of CorePointe Insurance Company (CorePointe) (Birmingham, MI). The ratings have been ...

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04/24/2015 12:40 PM

Risk manager reflections, Part 2: Captives evolve as catastrophe risks grow - Business Insurance


Risk manager reflections, Part 2: Captives evolve as catastrophe risks grow
Business Insurance
This article was written with the support of Hugh Rosenbaum, a retired principal of Towers Watson and editor-emeritus of Captive Insurance Company Reports, published by the International Risk Management Institute. He also is one of the founders and ...

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04/04/2015 12:01 PM

Insurance start-up to go global - Stuff.co.nz


Stuff.co.nz

Insurance start-up to go global
Stuff.co.nz
"What we think we've built here is a template of a model life insurance company that we believe can support distribution anywhere in the world." Partners Life could go international either by providing life insurance through partners in other countries ...

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