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National Insurance News

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07/24/2016 10:16 PM

ObamaCare and Big Insurance - Wall Street Journal


Wall Street Journal

ObamaCare and Big Insurance
Wall Street Journal
Politicians tend to be most enraged by the problems they cause, and the liberal fury against insurance mergers is a classic of the genre. ObamaCare was designed to create government-directed oligopolies, but now its authors claim to be alarmed by less ...
Would a new round of insurance mergers include Centene?St. Louis Business Journal
Connecticut Insurance Commissioner Wade still facing conflict-of-interest issueNew Haven Register
RPT-DEALTALK-US government's bid to block insurance mergers could spawn new onesReuters
The Guardian -Virgin Islands Daily News -Meriden Record-Journal
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07/25/2016 04:00 AM

Your complete guide to mandatory health insurance in Dubai - gulfnews.com


gulfnews.com

Your complete guide to mandatory health insurance in Dubai
gulfnews.com
Isahd (Insurance System for Advancing Healthcare in Dubai) means 'bringing happiness' in Arabic and is an initiative by the Dubai Health Authority (DHA) to roll out sustainable health care for all nationals, residents and visitors in Dubai. Initiated ...
Basic insurance packages affordable for allKhaleej Times

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07/25/2016 12:00 PM

Oscar, a Bay Area insurance option for 2017, touts tech pedigree - San Francisco Chronicle


San Francisco Chronicle

Oscar, a Bay Area insurance option for 2017, touts tech pedigree
San Francisco Chronicle
Still, they confirmed the enrollment of about 5,000 Californians in 2016, just over 2,000 of them in Covered California, the state's health insurance marketplace. That's far less than 1 percent of the nearly 1.6 million state residents enrolled through ...

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07/25/2016 05:03 PM

Look out for insurance loopholes - gulfnews.com


Look out for insurance loopholes
gulfnews.com
Those who are transferring from one insurance provider to another do have a coverage for pre-existing and chronic illnesses. However, those coming under a health insurance cover for the first time will not be covered for the first six months after ...

 

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07/25/2016 12:25 PM

Insurance Noodle's New Construction Industry Sales Guide Helps Agents Target Niche Markets - PR Newswire (press release)


Insurance Noodle's New Construction Industry Sales Guide Helps Agents Target Niche Markets
PR Newswire (press release)
CHICAGO, July 25, 2016 /PRNewswire/ -- Insurance Noodle, the membership-based, online platform that provides insurance agents with immediate access to top carriers and products, today announced the publication of Building Stronger Businesses: The ...

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07/25/2016 04:47 AM

NFL notes: Suit could affect concussion insurance - STLtoday.com


STLtoday.com

NFL notes: Suit could affect concussion insurance
STLtoday.com
A lawsuit from a concussion-plagued former NFL player who is suing his insurance company after being thwarted in an attempt to collect on a policy for a career-ending injury could shape how such policies deal in the future with brain injuries suffered ...

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07/25/2016 07:05 AM

Hiscox may set up EU-based insurance firm - MarketWatch


Financial Times

Hiscox may set up EU-based insurance firm
MarketWatch
LONDON-- Specialist insurer Hiscox Ltd (HSX.LN) reported its bottom line has benefited from sterling weakness after the Brexit vote as it posted a rise in interim pretax profit, and said it may set up an EU-based insurance company following the U.K.'s ...
Lloyd's insurer may establish EU arm to weather BrexitBusiness Insurance

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07/25/2016 04:53 PM

Great American Insurance to Acquire National Interstate Corporation - Insurance Journal


Business Insurance

Great American Insurance to Acquire National Interstate Corporation
Insurance Journal
(National Interstate), based in Richfield, Ohio, announced it has agreed to be acquired by Great American Insurance Co. (Great American), a wholly-owned subsidiary of American Financial Group Inc. (AFG). Under the terms of the agreement, Great American ...
Insurer to acquire remaining shares of subsidiaryBusiness Insurance

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07/22/2016 01:16 PM

Why Insurance Companies Don't Renew Policies - New York Times


New York Times

Why Insurance Companies Don't Renew Policies
New York Times
After Nancy Wergeles lost her engagement ring, she and her husband contacted their insurer, Travelers Insurance. Within weeks, Ms. Wergeles had a check for $19,000 to replace the ring. But this spring, Travelers said it wouldn't renew the Wergeleses' ...

 

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07/25/2016 05:45 AM

Miami Attorney Charged with Insurance Fraud in $1.5M PIP Scheme - Insurance Journal


Miami Attorney Charged with Insurance Fraud in $1.5M PIP Scheme
Insurance Journal
DIFS, with the support of the National Insurance Crime Bureau (NICB), later investigated Attorney Anett Lopez. Lopez was the clinic's attorney who was responsible for the filing of numerous lawsuits on behalf of Care Resources Group. Lopez filed ...

 

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International Insurance News

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07/22/2016 11:05 AM

Why Form A Captive Insurance Company In Barbados? - Mondaq News Alerts (registration)


Why Form A Captive Insurance Company In Barbados?
Mondaq News Alerts (registration)
Apart from Barbados' reputation as one of the premier holiday destinations in the world and its recognition as being among the top developing nations worldwide, the island has developed and enjoys a reputation as one of the world's leading ...

 

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07/01/2016 05:55 PM

A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000 - Business Wire (press release)


A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of Markel International Insurance Company Limited (MIICL) (United Kingdom) and Lloyd's Syndicate 3000 (United ...

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07/25/2016 07:03 AM

Houston International Insurance Group Announces Senior Management Promotions - Insurance Journal


Houston International Insurance Group Announces Senior Management Promotions
Insurance Journal
Houston International Insurance Group (HIIG) announced senior management promotions for its holding company, property/casualty underwriting operations and other business units. Peter Smith has been promoted to president of the holding company and ...

 

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07/01/2016 09:49 PM

A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ... - Business Wire (press release)


A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ...
Business Wire (press release)
Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Sirius International Insurance Corporation (publ) (Sirius International) (Sweden) and its subsidiary, Sirius America Insurance Company (Sirius America) (New York, NY).

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07/11/2016 01:54 PM

Edelweiss gets nod from IRDA to set up insurance company in India - International Business Times, India Edition


International Business Times, India Edition

Edelweiss gets nod from IRDA to set up insurance company in India
International Business Times, India Edition
Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance company in India with the Insurance Regulatory and Development Authority of India (IRDAI) approving its registration application, as disclosed by Edelweiss ...

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07/18/2016 07:30 AM

Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe - Business Wire (press release)


Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe
Business Wire (press release)
BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has expanded its Northern European operations, appointing Ulrich Kremer as Senior Vice President, Claims, Northern Europe. ... In Europe, the ...

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07/25/2016 12:28 PM

BHSI Expands Financial Institutions Cover in Canada; Knight Leads Product Line - Insurance Journal


BHSI Expands Financial Institutions Cover in Canada; Knight Leads Product Line
Insurance Journal
Berkshire Hathaway Specialty Insurance (BHSI) announced that it is introducing four new executive & professional lines products for financial institutions and named Andrew Knight as national director of Financial Institutions, Executive & Professional ...

 

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07/25/2016 03:04 PM

Hiscox's profits sent soaring by fall in sterling - Telegraph.co.uk


Telegraph.co.uk

Hiscox's profits sent soaring by fall in sterling
Telegraph.co.uk
Hiscox has always had an international view and Hiscox Europe is well-established,” the firm said. ... Over the coming months and years we will work to understand future trading arrangements, and if necessary set up a new EU-based insurance company.” ...

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07/11/2016 09:47 AM

SA wine company wins insurance bid - The Advertiser


The Advertiser

SA wine company wins insurance bid
The Advertiser
A SOUTH Australian wine maker has successfully sued its international insurance company for $250,000 after it refused to cover money lost when a US buyer failed to pay for wine it had ordered. Adelaide company Heath Wines took its US-based insurance ...

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07/25/2016 05:22 PM

Firstrust Financial Resources Joins AXA Advisors, LLC - Yahoo Finance


Firstrust Financial Resources Joins AXA Advisors, LLC
Yahoo Finance
“AXA” is a brand name of AXA Equitable Financial Services, LLC and its family of companies, including AXA Equitable Life Insurance Company (NY, NY), MONY Life Insurance Company of America (AZ stock company, administrative office: Jersey City, NJ), AXA ...

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