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National Insurance News

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05/25/2016 07:46 PM

Insurance for Airbnb hosts: Allstate to sell home-sharing coverage - Chicago Tribune


Chicago Tribune

Insurance for Airbnb hosts: Allstate to sell home-sharing coverage
Chicago Tribune
Bob Hunter, Consumer Federation of America insurance director and a former Texas insurance commissioner, said Allstate's HostAdvantage sounds like a "decent idea" but that homeowners should ensure that their existing homeowners' policy doesn't ...
Allstate Debuts Insurance Coverage for Homeowners Sharing Their HomesInsurance Journal

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05/25/2016 06:31 PM

Legislators, residents protest insurance mergers - CT Post


STLtoday.com

Legislators, residents protest insurance mergers
CT Post
State legislators and Connecticut residents have added their voices to the chorus of critics calling for a more thorough review of two proposed insurance company mergers. On Wednesday, the Connecticut Campaign for Consumer Choice and state Rep.
Missouri bars Aetna-Humana merger for certain insurance productsBecker's Hospital Review
Missouri insurance regulator to bar certain Aetna-Humana plansSTLtoday.com
Lawmakers Press For Thorough Review Of Two Health Insurance MergersHartford Courant
St. Louis Business Journal (blog)
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05/24/2016 11:26 PM

Business Of Disaster: Insurance Firms Profited $400 Million After Sandy - NPR


NPR

Business Of Disaster: Insurance Firms Profited $400 Million After Sandy
NPR
At the center of that system is the National Flood Insurance Program, which is designed to help in disasters like Sandy. Almost everyone with a mortgage who lives near water pays for flood insurance through the program, so more than three years later ...
US Insurance Aid Props Up Climate-Risk HomesTruthdig
Five Questions to Ask About Flood InsuranceFRONTLINE
Frontline, NPR Investigates Insurance Companies Short-Changing Victims of SandyNJTV News
Insurance Journal -The Consumerist -Asbury Park Press
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05/25/2016 10:36 AM

Barrasso: Obamacare Deductibles So High, No One Gets to Use the Insurance - CNSNews.com


Barrasso: Obamacare Deductibles So High, No One Gets to Use the Insurance
CNSNews.com
(CNSNews.com) - The Department of Health and Human Services insists that the Affordable Care Act not only expanded health insurance to many more Americans, but it also "made everyone's insurance better." But some Republicans are asking, what good ...

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05/25/2016 09:29 AM

Little-Known, AAA-Rated Firms Are Beating the Insurance Giants - Bloomberg


Bloomberg

Little-Known, AAA-Rated Firms Are Beating the Insurance Giants
Bloomberg
That means they have to earn more from the policies they sell than mutual companies like Northwestern Mutual Life Insurance Co. and Massachusetts Mutual Life Insurance Co., which can effectively offer rebates in the form of policyholder dividends ...
Vietnam Regulatory Brief: Life Insurance, Relaxing Airport Restrictions, and New Classification for Securities ...Vietnam Briefing

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05/25/2016 10:14 AM

Two Health Insurance Providers Leaving NCW - KPQ


KPQ

Two Health Insurance Providers Leaving NCW
KPQ
The state Insurance Commissioner's disappointed, but not surprised over a reduction in health care options in central Washington. Two companies are discontinuing coverage in 12 counties, including Chelan, Douglas and Kittitas in the north central region.

 

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05/25/2016 03:35 PM

Oklahoma regulators raise concerns on quake insurance rate hikes - Business Insurance


UPI.com

Oklahoma regulators raise concerns on quake insurance rate hikes
Business Insurance
(Reuters) — Oklahoma regulators grappling with a massive increase in small earthquakes in the state linked to growing oil and gas production said on Tuesday they were concerned with spiking rates for earthquake insurance coverage and diminishing ...
Earthquake insurance latest concern in oil-rich OklahomaUPI.com
Oklahoma insurance commissioner investigating earthquake insurance in the stateKOCO Oklahoma City
Insurance commissioner worried about small number of companies writing quake policiesTulsa World
kfor.com
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05/25/2016 02:11 PM

5 Insurance Changes to Make When You Retire - Nasdaq


Nasdaq

5 Insurance Changes to Make When You Retire
Nasdaq
And whenever life changes, so do the risks you face — which means retirement is a good time to look closely at your insurance coverage. You might need more, less or different coverage, and you might also qualify for new discounts. Here are five ...

 

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05/24/2016 08:29 PM

Insurance companies taking too big a risk on fossil fuels, report says - The Guardian


The Guardian

Insurance companies taking too big a risk on fossil fuels, report says
The Guardian
Cynthia McHale, the report's lead author, says the public is largely unaware of the extent of fossil fuel investments by their insurance companies. Poor investment strategies could negatively affect the financial health of insurance firms and their ...
Insurance Companies' Fossil Fuel Investments a 'Potential $459 Billion Liability'Environmental Leader

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05/25/2016 06:58 PM

Saratoga doctors federally indicted in alleged health-insurance fraud scheme - San Jose Mercury News


Saratoga doctors federally indicted in alleged health-insurance fraud scheme
San Jose Mercury News
SARATOGA -- A pair of doctors from Saratoga have been indicted in an illicit billing scheme to defraud patients and health-insurance providers by routinely charging for unperformed services and unseen patients and exaggerating other treatments ...

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal
Chinese Financial Giant Ping An Group Joins R3 Blockchain ConsortiumThe Merkle

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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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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05/24/2016 03:18 AM

Manufacturers Life Insurance Company The Decreased Stake in American Intl Group INC (NYSE:AIG) by $42.53 ... - CCH Daily News


Manufacturers Life Insurance Company The Decreased Stake in American Intl Group INC (NYSE:AIG) by $42.53 ...
CCH Daily News
American International Group Inc (NYSE:AIG) has declined 5.17% since October 16, 2015 and is downtrending. It has underperformed by 6.57% the S&P500. Manufacturers Life Insurance Company The, which manages about $115.94B US Long portfolio, upped its ...

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04/30/2016 10:23 PM

Insurer gets gong for bad behaviour - Radio New Zealand


Radio New Zealand

Insurer gets gong for bad behaviour
Radio New Zealand
The insurance company said it was disappointed to have been named New Zealand's worst transnational corporation. IAG's head of corporate affairs, Craig Dowling, said the award showed a tragic lack of understanding of earthquake issues, and the ...

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05/25/2016 02:11 PM

5 Insurance Changes to Make When You Retire - Nasdaq


Nasdaq

5 Insurance Changes to Make When You Retire
Nasdaq
For example, if you plan to rent cars in other countries, you might need international liability protection, advises Scott Johnson, manager of Marindependent Insurance Services LLC in Mill Valley, California. Most standard car insurance policies don't ...

 

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05/25/2016 04:01 PM

MassMutual Appoints Elizabeth Ward as Chief Financial Officer - PR Newswire (press release)


MassMutual Appoints Elizabeth Ward as Chief Financial Officer
PR Newswire (press release)
SPRINGFIELD, Mass., May 25, 2016 /PRNewswire/ -- MassMutual Financial Group today announced the appointment of Elizabeth A. Ward as Chief Financial Officer (CFO) of Massachusetts Mutual Life Insurance Company (MassMutual), effective June 1 ...

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05/25/2016 04:53 PM

Swansea Bay tidal power developer scraps sea wall deal with Chinese - Financial Times


Financial Times

Swansea Bay tidal power developer scraps sea wall deal with Chinese
Financial Times
It has already raised £200m of institutional funding from Prudential, the insurance company, and Infrared Capital Partners, an infrastructure investor. The government subsidies are being negotiated and could see households contribute via a 20p or 30p ...

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05/25/2016 11:29 AM

The Morning Risk Report: Restroom Fights Spotlight Transgender Issues - Wall Street Journal (blog)


The Morning Risk Report: Restroom Fights Spotlight Transgender Issues
Wall Street Journal (blog)
... nationwide about which bathroom transgender people should be allowed to use should send a message to companies that they need to review all their workplace policies regarding people born under one gender but who identify under a different one, said ...

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