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National Insurance News

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05/27/2016 02:35 PM

Griffith switches to private insurance for employees - nwitimes.com


nwitimes.com

Griffith switches to private insurance for employees
nwitimes.com
GRIFFITH — After providing self-funded employee health insurance for many years, the time has come to switch to a private insurance firm, the Town Council has decided. The town has self-funded its employee health care longer than anyone can remember, ...

 

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05/27/2016 05:59 PM

Workers' Comp Insurance Rates Expected To Rise After Court Ruling - CBS Local


CBS Local

Workers' Comp Insurance Rates Expected To Rise After Court Ruling
CBS Local
TALLAHASSEE (CBSMiami/NSF) — After a Florida Supreme Court ruling last month that struck down a limit on attorney's fees, workers-compensation insurance rates could rise as high as 17.1 percent, according to a proposal submitted Friday to state ...

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05/27/2016 01:19 PM

Finally, Private Unemployment Insurance. But Will Anyone Buy It? - New York Times


New York Times

Finally, Private Unemployment Insurance. But Will Anyone Buy It?
New York Times
President Obama wants more of us to have insurance that would make up the difference between a job we might lose and any new, lower-paying one we might take. He said so in his State of the Union address in January. But what if you couldn't get a new ...

 

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05/27/2016 02:49 PM

Why car insurance is spiking more than it has in almost 13 years - CNBC


CNBC

Why car insurance is spiking more than it has in almost 13 years
CNBC
"The number of accidents has gone up," said Jim Lynch, chief actuary of the Insurance Information Institute, a trade group. "At the same time, the size of claims settlements has been rising as well, so the industry is kind of getting hit by a double ...

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05/27/2016 05:52 PM

Fed to hold open meeting on new insurance rules on June 3 - Reuters


Reuters

Fed to hold open meeting on new insurance rules on June 3
Reuters
For insurance holding companies, the Fed is looking into a "building block approach," in which it would aggregate the capital across a firm's different units to calculate a single requirement. For systemically important companies, the Fed is working on ...

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05/27/2016 11:24 AM

Man Sentenced for Killing Infant Son for Insurance Money - ABC News


Washington Post

Man Sentenced for Killing Infant Son for Insurance Money
ABC News
A Maryland man has been once again convicted of killing his 3-month-old son in 2001 in order to collect life insurance. The Washington Post reports (http://wapo.st/25l1Dcc) 38-year-old Moussa Sissoko of Silver Spring was sentenced Thursday to life in ...
Maryland man gets life for killing 3-month-old for $750000 in insuranceWashington Post

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05/27/2016 04:10 PM

Former state insurance official charged with stealing $122000 - MassLive.com


MassLive.com

Former state insurance official charged with stealing $122000
MassLive.com
The former finance director of a commission that provides insurance for public employees was indicted on charges of stealing $122,000 from the commission. Ennio Manto, 52, of Braintree, was indicted Friday on two charges of larceny over $250 and one ...

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05/27/2016 04:03 PM

How To Finally Get Insurance To Approve A Wheelchair For A Kid: Go Viral On Twitter - The Consumerist


The Consumerist

How To Finally Get Insurance To Approve A Wheelchair For A Kid: Go Viral On Twitter
The Consumerist
Kids grow. This may not come as a surprise to most of us, who were ourselves children one, but health insurance companies are not necessarily prepared for this facet of reality. And where reality and bureaucracy can really come into hard conflict is ...

 

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05/27/2016 06:21 PM

Health insurance premiums down in Michigan's ACA marketplace amid volatile year nationwide - Crain's Detroit Business


Health insurance premiums down in Michigan's ACA marketplace amid volatile year nationwide
Crain's Detroit Business
Average health insurance premium increases from 2015 to 2016 for plans offered in Affordable Care Act marketplaces were highly variable from state to state and even within states, with Michigan showing a small decrease, a new study found. "It's really ...

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05/26/2016 11:03 PM

What University of Washington's Climate Risk and Insurance Summit Has in Common with Paris - Insurance Journal


What University of Washington's Climate Risk and Insurance Summit Has in Common with Paris
Insurance Journal
Washington Insurance Commissioner Mike Kreidler next week is holding a climate risk summit at the University of Washington to raise awareness among insurers of the need to consider climate risks when providing insurance products to customers.

 

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insurance news feeds
 

International Insurance News

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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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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05/25/2016 03:18 AM

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

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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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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, ...

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05/27/2016 09:01 AM

Moving to the Bronx - New York Times


New York Times

Moving to the Bronx
New York Times
Developed by the Metropolitan Life Insurance Company, the complex, which resembles Stuyvesant Town in Manhattan, another development by the company, also contains gardens, stores and offices. In the neighborhood, the average condo price in the first ...

 

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05/27/2016 11:00 AM

Nick Lane promoted to CEO AXA Japan; Brian Winikoff joins AXA US as Head of US Life, Retirement and Wealth ... - Business Wire (press release)


Telegraph.co.uk

Nick Lane promoted to CEO AXA Japan; Brian Winikoff joins AXA US as Head of US Life, Retirement and Wealth ...
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--AXA S.A., a global financial protection and retirement leader, announced today that Nick Lane, currently Head of AXA US Life and Retirement, has been promoted to CEO of AXA Japan effective July 1, 2016, subject to obtaining ...
Axa UK to sell its investment, pensions and direct protection businesses to Phoenix Group for £375mInternational Business Times UK

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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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05/27/2016 05:17 PM

Shin-kicking for Olympick glory in the Cotswolds - Telegraph.co.uk


Telegraph.co.uk

Shin-kicking for Olympick glory in the Cotswolds
Telegraph.co.uk
His intriguing precursor of the modern international games dates back to 1612 and has continued – with breaks – ever since. ... It became a mutual life insurance company in 1908 before growing into the UK's largest mutual life and pensions company.

 

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05/26/2016 03:09 PM

A.M. Best Affirms Ratings of Bahrain Kuwait Insurance Company B.S.C. - Business Wire (press release)


A.M. Best Affirms Ratings of Bahrain Kuwait Insurance Company B.S.C.
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company B.S.C. (BKIC) (Bahrain). The outlook for each rating remains stable. The ratings ...

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