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National Insurance News

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06/28/2016 10:01 AM

This group pays the most for car insurance - CBS News


CBS News

This group pays the most for car insurance
CBS News
Good drivers of "lower economic status" can pay nearly twice as much for auto insurance than higher-income drivers. That comes to about $600 to $900 more per year for the first group, according to a survey conducted by the Consumer Federation of ...
Car Insurance Costs More for Blue-Collar Drivers, New Survey ShowsConsumerReports.org
If you're poor, you'll pay more for car insurance, study findsMinneapolis Star Tribune
Consumer advocate: Car insurance companies charging poor/moderate income people moreMichigan Radio
Channel3000.com - WISC-TV3 -KOMO News
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06/28/2016 04:59 PM

Even 'good' insurance comes with hidden hospital bills - Chicago Tribune


Chicago Tribune

Even 'good' insurance comes with hidden hospital bills
Chicago Tribune
Quality private health insurance is no protection against large out-of-pocket bills following routine hospital stays, a new study warns. "Hidden" costs of hospitalization for privately insured adults rose more than 37 percent over five years, with ...
Average out-of-pocket costs for hospital visit top $1000, with insuranceArs Technica
Hospital stays top $1200 out-of-pocket even with insurance, U-M study findsMLive.com
Even With Insurance, A Hospital Stay Will Cost You $1000 or MoreNBCNews.com
Bloomberg -Fortune -Science 2.0
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06/28/2016 09:16 PM

Merger creates largest insurance agency in the region - Elmira Star-Gazette


Elmira Star-Gazette

Merger creates largest insurance agency in the region
Elmira Star-Gazette
Two longtime regional insurance agencies are joining forces in a move company officials say creates the largest locally owned insurance company in the region. Swan Morss Insurance, of Elmira, and Henry Dunn Inc., based in Towanda, announced the union ...

 

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06/29/2016 02:43 AM

How running a marijuana business cost this man life insurance - Raw Story


Raw Story

How running a marijuana business cost this man life insurance
Raw Story
Derek Peterson, the CEO of Terra Tech—a company that grows and sells cannabis products in California and Nevada and is one of the biggest players in the burgeoning pot business—has been denied life insurance simply because of the industry in which ...
Cannabis Exec Denied Life Insurance for...Being a Cannabis ExecTheStranger.com

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06/28/2016 10:18 PM

Goji, the VC-Backed Online Insurance Firm, Is Out Raising $$ From Investors - BostInno


Goji, the VC-Backed Online Insurance Firm, Is Out Raising $$ From Investors
BostInno
Boston-based Goji, the online auto insurance firm formerly known as Consumers United, appears to be out raising money from investors again. The company, through its former Consumers United name, disclosed via a regulatory filing on Tuesday evening ...

 

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06/28/2016 09:23 PM

INSURANCE: Self-driving cars may disrupt industry - Press-Enterprise


Press-Enterprise

INSURANCE: Self-driving cars may disrupt industry
Press-Enterprise
As automated-driving technology takes hold, virtually everything around car insurance is expected to change, from who owns the vehicles to who must carry insurance to who – or what – is held responsible for causing damage, injuries and death in an ...

 

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06/28/2016 09:43 PM

New Milford delays insurance cancellation for Children's Center and cemetery - Danbury News Times


Danbury News Times

New Milford delays insurance cancellation for Children's Center and cemetery
Danbury News Times
NEW MILFORD — About 50 people filled the Town Council room Monday night to protest a proposal to drop workers for The Children's Center and the Center Cemetery from the town health insurance policy. Thirteen workers were informed by letter last week ...

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06/28/2016 04:44 PM

Insurance causes costs of services to rise - Science Daily


Insurance causes costs of services to rise
Science Daily
The research team found out that the price for a computer repair rose by more than 80 percent when the repair shop was provided with the information that the service would be covered by an insurance policy. In some cases, parts of the computer that ...

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06/28/2016 10:02 AM

Stung by revelations of fraud, Zenefits crafts cloud app to track insurance licensing - GeekWire


GeekWire

Stung by revelations of fraud, Zenefits crafts cloud app to track insurance licensing
GeekWire
The $4.5-billion San Francisco startup built its new app on the Salesforce App Cloud, and has been using the app internally since January to make sure its more than 250 insurance brokers and advisors comply with licensing regulations, the companies ...
Zenefits Taps Salesforce App Cloud to Build Insurance Licensing Compliance App; Will Share Solution with Insurance ...Business Wire (press release)

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06/28/2016 12:17 PM

Illinois insurance regulator approves Aetna/Humana merger - St. Louis Business Journal


St. Louis Business Journal

Illinois insurance regulator approves Aetna/Humana merger
St. Louis Business Journal
The Illinois Department of Insurance has given its approval to Aetna Inc.'s planned $37 billion acquisition of Humana Inc. In an order posted on the department's website, Acting Director Melissa Dowling granted approval of the merger, pending approval ...
Aetna's Purchase of Humana OK'd by Illinois Insurance Regulator, with ConditionInsurance Journal
California's Bifurcated Regulatory View of Health Insurance MergersCalifornia Healthline
Illinois insurance regulator OKs $34 billion Aetna-Humana dealBecker's Hospital Review

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International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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06/14/2016 11:59 PM

Canton insurance company appoints new officer - Wicked Local Canton


Canton insurance company appoints new officer
Wicked Local Canton
Canton-based Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer ...

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06/27/2016 05:12 PM

Cigna-Anthem Merger: Gov. Malloy's Insurance Regulator Told Ethics Officials She Was Not Involved In Cigna Issues ... - International Business Times


International Business Times

Cigna-Anthem Merger: Gov. Malloy's Insurance Regulator Told Ethics Officials She Was Not Involved In Cigna Issues ...
International Business Times
Emails obtained by International Business Times show that in February, Wade told ethics officials she had no Cigna business before her, even though her agency was then leading the national multistate review of the company's merger plan — and even ...

 

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06/27/2016 04:28 PM

American International Group: Hooray, Only 62 Cents On The Dollar - Seeking Alpha


Seeking Alpha

American International Group: Hooray, Only 62 Cents On The Dollar
Seeking Alpha
Another favorite of mine is insurance company American International Group, Inc. (NYSE:AIG) which I singled out just two days before the referendum was held in Britain last week. The article was titled "AIG: A Brexit Play?", and lays out the rational ...
Shares of American International Group (NYSE:AIG) Sees Large Inflow of Net Money FlowTrade Calls

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06/09/2016 01:18 PM

Boston Mutual Life Insurance Company appoints new officer - Wicked Local Canton


Boston Mutual Life Insurance Company appoints new officer
Wicked Local Canton
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer. ... Prior to ...

 

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06/28/2016 04:15 PM

California Earthquake Authority Captures Top Honors at 58th Annual IMCA Showcase Awards - Business Wire (press release)


Business Wire (press release)

California Earthquake Authority Captures Top Honors at 58th Annual IMCA Showcase Awards
Business Wire (press release)
Additional Award of Excellence winners included: Acrometics, Allied World, American Modern, American Specialty Health, AmWINS Group Inc., CNA, Frankenmuth Insurance, Great American Insurance Group, LifeSecure Insurance Company, Manulife, Myron Steves ...

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06/01/2016 08:00 AM

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics - International Business Times


International Business Times

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics
International Business Times
That age-old question is no abstraction when it comes to your healthcare premiums, as Cigna and Anthem Blue Cross Blue Shield are pushing to merge into the largest health insurance company in America. With consumer groups, physicians and hospital ...

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06/23/2016 12:15 PM

China's Fosun International Pursues US IPO of Insurer Ironshore - Wall Street Journal


Wall Street Journal

China's Fosun International Pursues US IPO of Insurer Ironshore
Wall Street Journal
Fosun International Ltd. 0656 -0.61 % said Thursday it had submitted an application with the Hong Kong stock exchange seeking approval for a spinoff and separate listing of the insurance company on either the New York Stock Exchange or Nasdaq.

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06/28/2016 03:41 PM

New provisions in state's DMV laws effective Friday - Elizabethtown Bladen Journal


New provisions in state's DMV laws effective Friday
Elizabethtown Bladen Journal
Owners can provide the information to their local license plate agency or their insurance company can submit it to DMV. ... The new fees apply to private passenger vehicles and to apportioned truck fleets registered under the International Registration ...

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06/28/2016 08:40 PM

HSB Deploys Guidewire Systems for Underwriting, Policies, Billing and Data - Business Wire (press release)


HSB Deploys Guidewire Systems for Underwriting, Policies, Billing and Data
Business Wire (press release)
BUSINESS WIRE)--The Hartford Steam Boiler Inspection and Insurance Company (HSB), part of Munich Re, and Guidewire Software, Inc., (NYSE: GWRE), a provider of software products to property/casualty insurers, announced today that HSB has deployed ...

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