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National Insurance News

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12/18/2014 01:47 PM

Uber And Lyft Drivers Still Cornered Into Insurance Lies And Secrecy - Forbes


Forbes

Uber And Lyft Drivers Still Cornered Into Insurance Lies And Secrecy
Forbes
Even though insurance coverage for UberX and Lyft drivers has greatly improved over the last year, many drivers are still confused by mixed messages about when and what to tell their personal insurance providers. When Sarah, a Lyft driver from Los ...

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12/18/2014 11:33 AM

Deere to Sell Crop Insurance Unit to Farmers Mutual Hail - Bloomberg


Wall Street Journal

Deere to Sell Crop Insurance Unit to Farmers Mutual Hail
Bloomberg
XL Group Plc, HCC Insurance Holdings Inc. and Maurice “Hank” Greenberg's Starr Cos. are among companies that have bet on crop coverage to diversify insurance risks and benefit from the government backstop. XL in February 2014 acquired Global Ag ...
Deere sells crop insurance businessQuad City Times
Deere reaches agreement to sell crop insurance businessWaterloo Cedar Falls Courier
Deere sells crop insurance arm to Farmer's Mutual HailSTLtoday.com
StreetInsider.com (subscription) -Wall Street Journal
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12/18/2014 05:55 AM

Congressional Roadblock Upends Market for Terrorism Insurance - New York Times


New York Times

Congressional Roadblock Upends Market for Terrorism Insurance
New York Times
Most existing terrorism insurance policies will turn into pumpkins, thanks to clauses that say those policies exist only because the federal government backed them. Many insurers will stop offering terrorism insurance at all. Some will continue, but at ...
Terrorism insurance in jeopardy as Senate wraps upUSA TODAY
Terrorism insurance program set to expire after bill blocked in SenateFox News
Terrorism Insurance Set to End After Senator's ObjectionsBloomberg
PBS NewsHour -The Hill (blog)
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12/18/2014 09:33 AM

Oregon star suffers knee injury, school paid for his draft insurance - NBCSports.com


Headlines & Global News

Oregon star suffers knee injury, school paid for his draft insurance
NBCSports.com
But Ekpre-Olomu did something wise before the season, something every prospect who returns to school should do: He got Oregon to pay for an insurance policy that could pay him up to $3 million if he slides in the draft. According to ESPN, Ekpre-Olomu ...
NCAA Football: Oregon Paid for Star CB's Draft InsuranceHeadlines & Global News

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12/18/2014 02:57 PM

Insurance exec, ex-councilman Ted Beach died Tuesday - The Daily News Journal


The Daily News Journal

Insurance exec, ex-councilman Ted Beach died Tuesday
The Daily News Journal
MURFREESBORO – Insurance executive and former Murfreesboro city councilman Ted Beach died at St. Thomas Midtown Hospital in Nashville on Tuesday, according to the insurance agency he helped found. He was 82. Beach was the founder of what ...

 

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12/16/2014 08:37 AM

Progressive Insurance Acquiring Homeowners Group ASI for $875M - Insurance Journal


Tampabay.com

Progressive Insurance Acquiring Homeowners Group ASI for $875M
Insurance Journal
Auto insurance giant Progressive Insurance is enhancing its homeowners insurance offerings by acquiring controlling interest in a Florida-based group of insurers now selling homeowners, renters, condo, umbrella, flood and other property/casualty ...
Progressive buying majority stake of St. Petersburg's American Strategic InsuranceTampabay.com
Progressive to Buy ARX to Challenge Allstate With Home InsuranceBloomberg

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12/18/2014 03:04 PM

Flood insurance consumer advocate to launch next week - Asbury Park Press


Flood insurance consumer advocate to launch next week
Asbury Park Press
Thousands of superstorm Sandy victims didn't know where to turn when they ran into issues with their flood insurance providers. The Federal Emergency Management Agency will announced today that a new, independent consumer advocate will be ...
FEMA creating new flood insurance advocacy office, though Congress hasn't yet ...NOLA.com
FEMA opening new flood insurance office to help policyholders navigate claims ...Newsday
Residents Battle FEMA, Mortgage Companies Over Flood InsuranceThe Charlottesville Newsplex
KCRA Sacramento
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12/18/2014 10:19 AM

Fond du Lac health insurance rates up 6% this year - Fond du Lac Reporter


Fond du Lac Reporter

Fond du Lac health insurance rates up 6% this year
Fond du Lac Reporter
The report said Fond du Lac insurance rates are up 6 percent this year. The average single monthly premium cost in the Fond du Lac region for large group insurance was listed at $775.58. Cost for small group and individual market insurance was $376.76 ...
Area health insurance costs quadrupleGreen Bay Press Gazette
Report: Madison will have lowest costs for health insurance in 2015WKOW
Health insurance premiums up 4 percent in Wisconsin next yearMadison.com
La Crosse Tribune
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12/18/2014 01:51 PM

Pair sentenced to life in prison in insurance-related slaying - Columbus Dispatch


Pair sentenced to life in prison in insurance-related slaying
Columbus Dispatch
Lambert, 29, testified that Williams, her heroin dealer, came up with the idea of killing Payne for his $100,000 life-insurance policy and that she helped carry out the murder. She and another eyewitness told jurors that Williams and Hawkins forced ...

 

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12/18/2014 03:16 AM

Myth busting: Detroit auto insurance rates and auto theft - WDIV Detroit


Myth busting: Detroit auto insurance rates and auto theft
WDIV Detroit
AND MAYOR MIKE DUGGAN HAS A PROGRAM WHERE HE'S TRYING TO SET UP AN INSURANCE SYSTEM IN THE CITY. BUT HE HAS TO FIGURE OUT WHAT THE INSURANCE COMPANIES ARE SELLING IS RIGHT. AUTO INSURANCE COSTS IN ...

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International Insurance News

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12/15/2014 02:33 AM

The International Insurance Company acknowledged as “the Insurance ... - Azerbaijan Business Center


The International Insurance Company acknowledged as “the Insurance ...
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Insurance Company OJSC has been acknowledged as “the Insurance Company of the year” in Azerbaijan. According to IIC, presentation of awards took place last week in Baku. The Company regarded such award as ...

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12/16/2014 11:35 PM

Queensland businessman starts up new, Australian owned and operated global ... - PRWire (press release)


Queensland businessman starts up new, Australian owned and operated global ...
PRWire (press release)
For managing director, Tony Venning it was in late 2013, when, after a 20 year career working in London, Melbourne and Sydney for major international insurance company, JLT he decided to go it alone. Two months ago (September 2014) Tony started his ...

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12/04/2014 04:56 PM

Insurance giant Hub International bullish about growth in Sacramento - Sacramento Business Journal


Sacramento Business Journal

Insurance giant Hub International bullish about growth in Sacramento
Sacramento Business Journal
Hub International aims to expand business from its new Sacramento operation, sources say. The global insurance company announced Tuesday that it bought John O. Bronson Co. But local folks will continue to call most of the shots. "That's why we agreed ...

 

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12/17/2014 01:31 AM

IIC named top insurance company of the year - CISTran Finance


IIC named top insurance company of the year
CISTran Finance
The International Bank of Azerbaijan (IBA) said its subsidiary International Insurance Company (IIC) was named the country's top insurer on Monday. IIC representatives accepted the honor at the Consulting & Business Magazine awards event held at the ...

 

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12/17/2014 11:56 AM

guard.me donates CAN$500k to int'l student support - The PIE News


guard.me donates CAN$500k to int'l student support
The PIE News
International education contributes CAN$8.5 bn to the Canadian economy but support for international students' services is not keeping up with the demand,” CEO Keith Segal told The PIE News. “That is why guard.me International Insurance is ...

 

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12/18/2014 04:49 AM

People on the Move in Kalamazoo -- Dec. 18, 2014 - MLive.com


MLive.com

People on the Move in Kalamazoo -- Dec. 18, 2014
MLive.com
-Ryan B. Smith has joined the Kalamazoo office of HUB International Insurance Brokers as a private client advisor. A graduate of Western Michigan University, Smith most recently was a marketing manager for a global Fortune 500 insurance company. He has ...

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12/18/2014 09:17 AM

Guernsey – The Channel Island Where Brokers Can Find A New Revenue Stream - Mondaq News Alerts (registration)


Guernsey – The Channel Island Where Brokers Can Find A New Revenue Stream
Mondaq News Alerts (registration)
A broker can sponsor and establish its own (re)insurance company where a proportion, or even all, of their client risks can be insured. In certain circumstances, the ... The island's insurance sector is truly international, however. Firms from across ...

 

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12/18/2014 03:52 PM

Prudential Piles on the Corporate Pensions - Businessweek


Businessweek

Prudential Piles on the Corporate Pensions
Businessweek
Big U.S. companies have found a way to escape the burden of ballooning pension obligations: pay an insurance company to take them over. Since 2012 corporations have transferred $41.4 billion of U.S. pensions to insurers, according to Limra, an ...

 

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12/18/2014 11:42 AM

ACE to buy Fireman's Fund personal insurance business from Allianz - PropertyCasualty360


PropertyCasualty360

ACE to buy Fireman's Fund personal insurance business from Allianz
PropertyCasualty360
The sale is in line with Allianz's plans, announced earlier in 2014, to reposition its US property and casualty insurance business by integrating the Fireman's Fund Insurance Company (FFIC) commercial business into Allianz Global Corporate & Specialty ...
Allianz to sell Fireman's Fund personal insurance business to ACECanadian Underwriter

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11/20/2014 01:41 PM

International Insurance Regulation - Insurance News Net


International Insurance Regulation
Insurance News Net
It is important to note that any standards adopted by the IAIS are not binding on the Federal Reserve, the FIO, state insurance regulators, or any U.S. insurance company. During the development of global standards for insurance firms by the IAIS, the ...

 

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