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National Insurance News

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08/24/2016 03:12 PM

Vietnam woman 'cuts off limbs for insurance payout' - BBC News


BBC News

Vietnam woman 'cuts off limbs for insurance payout'
BBC News
A Vietnamese woman has admitted to paying for her foot and part of her arm to be cut off in order to claim an insurance payout, police say. In May, the 30-year-old woman, named as "Ly Thi N", pretended she had been hit by a train, the People's Police ...

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08/24/2016 04:32 PM

Insurance startup Oscar quits markets, rethinks Obamacare plans - Chicago Tribune


Chicago Tribune

Insurance startup Oscar quits markets, rethinks Obamacare plans
Chicago Tribune
Health insurance startup Oscar Insurance will reevaluate its approach to President Barack Obama's health-care law after suffering significant losses under the U.S. program and will pull out of two markets next year. Oscar, which pitches itself as a ...
Insurance providers exit Texas market, spelling trouble for ObamacareKGBT-TV
Public Option Would Fix Health Insurance MarketplaceThe American Prospect
Tennessee insurance commissioner: Obamacare exchange 'very near collapse'WBIR.com
Vanity Fair -NorthJersey.com -Avalere Health
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08/24/2016 12:15 PM

Insurance Big Data Saves Money And Lives, Except In California - Forbes


Forbes

Insurance Big Data Saves Money And Lives, Except In California
Forbes
Pay-As-You-Drive changed the business of Auto Insurance. Instead of drivers buying insurance at fixed prices, determined according to crude categories (gender, income, school grades), they pay according to their actual driving habits. Insurance ...

 

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08/24/2016 04:54 PM

Fitch: US Cyber Insurance Premiums Total $1B Per New Supplemental Filing - Reuters


Fitch: US Cyber Insurance Premiums Total $1B Per New Supplemental Filing
Reuters
Fitch analyzed cyber insurance market share and performance in a new special report, 'U.S. Cyber Insurance Market Share and Performance' that analyzes data from a new 2015 statutory supplement to compile company and industry statistics on cyber ...

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08/23/2016 05:10 PM

AIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund - Wall Street Journal


Wall Street Journal

AIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund
Wall Street Journal
Ascot has operations in Asia and Houston, which could further extend the reach of the Canadian fund's insurance operations. The possible deal highlights the Canadian fund's focus on using its investments to gain meaningful scale in industries ...
AIG in talks to sell Lloyd's insurance business to CPPIB: WSJReuters

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08/24/2016 12:34 PM

Less is more: The dilemma over long term care insurance - CNBC


CNBC

Less is more: The dilemma over long term care insurance
CNBC
Low interest rates, lower-than-expected numbers of clients who drop their policies, and higher-than-predicted claims are to blame, said Scott Witt, a fee-only insurance financial advisor and founder of Witt Actuarial Services in New Berlin, Wisconsin.

 

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08/23/2016 07:36 PM

State insurance regulators say U.S. government ignored them in MetLife case - Business Insider


Business Insider

State insurance regulators say U.S. government ignored them in MetLife case
Business Insider
WASHINGTON (Reuters) - State insurance regulators in a court brief on Monday said a powerful U.S. council made up of the heads of all the federal financial regulatory agencies disregarded their work when it designated of MetLife Inc. as "too big to fail.".
MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI RulingTheStreet.com

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08/24/2016 03:54 PM

Beef Up Your Dividend Portfolio With These Two Insurance Gems - TheStreet.com


TheStreet.com

Beef Up Your Dividend Portfolio With These Two Insurance Gems
TheStreet.com
The Netherlands-based insurance provider shocked investors by recording a wider-than-expected loss in the second quarter following the sale of its UK annuity portfolio. Low interest rates and claims at its U.S. businesses ate into the company's earnings.

 

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08/24/2016 04:37 PM

AG Announces Workers' Comp, Insurance Charges - news9.com KWTV


news9.com KWTV

AG Announces Workers' Comp, Insurance Charges
news9.com KWTV
Baker is alleged to have issued certificates of insurance even though he is not licensed to sell insurance in Oklahoma, and obtained more than $1900 from a single family by issuing false certificates of insurance. If convicted, Baker could face up to ...
3 Charged with Workers' Comp, Insurance Fraud in OklahomaInsurance Journal

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08/24/2016 02:27 PM

BBB Warns St. Louis About Burial Insurance Scheme - CBS Local


CBS Local

BBB Warns St. Louis About Burial Insurance Scheme
CBS Local
ST. LOUIS (KMOX) – The Better Business Bureau is warning St. Louis residents who receive an offer in the mail for burial insurance policies. A company in Marietta, Georgia is sending offers in the mail saying receivers qualify for a benefit that will ...

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International Insurance News

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08/23/2016 08:27 AM

Shropshire insurance company shortlisted for international award - shropshirelive.com


shropshirelive.com

Shropshire insurance company shortlisted for international award
shropshirelive.com
Health and safety specialists at a Shropshire company have been shortlisted for an international award – for the third year in a row. The team from Henshalls in Newport and Shrewsbury are finalists in the Specialist Company of the Year category at this ...

 

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08/24/2016 02:57 PM

Why Russians Like Donald Trump (Sort of) - NBCNews.com


Why Russians Like Donald Trump (Sort of)
NBCNews.com
Anna Vassilieva, a professor at the Middlebury Institute of International Studies at Monterey, said that "Ukraine is a big issue" and a "red line that Putin is not going to compromise." "Russians feel that they have the right to an equivalent of the ...

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08/24/2016 12:20 PM

Did Aetna Commit Blackmail? Did the US Ransom Hostages? - Newsweek


Newsweek

Did Aetna Commit Blackmail? Did the US Ransom Hostages?
Newsweek
Suppose that a firm expressly did what some have accused Aetna of doing. Suppose that the Shmaetna Insurance Company literally did make the threat and did so simply as a means of gaining an advantage in the antitrust case. In this scenario, we assume ...

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08/24/2016 02:26 PM

Lovers Lane fire origin 'undetermined' - Bowling Green Daily News


Bowling Green Daily News

Lovers Lane fire origin 'undetermined'
Bowling Green Daily News
The Bowling Green Fire Department battled an early morning blaze at an apartment building at Lovers Lane Apts. One person suffered a burned hand but refused treatment at the scene. Seven families were displaced. Fire investigators are on the scene.

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08/23/2016 10:00 PM

MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI Ruling - TheStreet.com


TheStreet.com

MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI Ruling
TheStreet.com
The New York City-based insurance company MetLife sued the federal government last year after the Financial Stability Oversight Council (FSOC) designated it as a SIFI, a label that can lead to further regulations and capital requirements. The markets ...

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08/24/2016 08:48 AM

Obamacare Supporters Oppose ColoradoCare - CounterPunch


Obamacare Supporters Oppose ColoradoCare
CounterPunch
... a loss of $300 M; Humana is cutting back its coverage from 1,350 counties to 156; Blue Cross lost $715 M in just three states and the nation's largest health care insurance company, UnitedHealthGroup lost $450 M in 2015 and is cutting back to three ...

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08/23/2016 01:36 PM

American International Group Inc. (AIG) Price Target Raised to $64.00 at BMO Capital Markets - Community Financial News


FTSE News

American International Group Inc. (AIG) Price Target Raised to $64.00 at BMO Capital Markets
Community Financial News
American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and ...
B T Capital Management Dba Alpha Capital Management Lowers stake in American International Group Inc (AIG)TheFounders Daily
American International Group Inc (NYSE:AIG) Institutional Investor PositioningConsumer Eagle

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08/18/2016 03:16 PM

CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust International Insurance & Reinsurance Company ... - Business Wire (press release)


CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust International Insurance & Reinsurance Company ...
Business Wire (press release)
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Trust International Insurance & Reinsurance Company B.S.C. (c) Trust Re (Trust Re) (Bahrain). The outlook for each rating remains stable ...

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08/23/2016 05:02 PM

Fitch Downgrades Aegon's Insurance Operating Entities' IFS to 'A+'; Outloo... - Reuters


Fitch Downgrades Aegon's Insurance Operating Entities' IFS to 'A+'; Outloo...
Reuters
... Company Transamerica Life International (Bermuda) Ltd. Transamerica Premier Life Insurance Company The following Aegon subsidiary companies' Short-term IFS ratings have been downgraded to 'F1' from 'F1+': Transamerica Life Insurance Company ...

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08/23/2016 06:53 PM

AIG Stock Up, Explores Lloyd's Operations Sale to Canada Pension Fund - TheStreet.com


TheStreet.com

AIG Stock Up, Explores Lloyd's Operations Sale to Canada Pension Fund
TheStreet.com
We rate AMERICAN INTERNATIONAL GROUP as a Hold with a ratings score of C+. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a ...

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