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National Insurance News

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08/30/2016 06:23 PM

Iowa at center of debate over 'shadow insurance' deals - Chicago Tribune


Chicago Tribune

Iowa at center of debate over 'shadow insurance' deals
Chicago Tribune
So-called "shadow insurance" agreements have exploded over the last decade, but a growing number of critics, including economists and consumer advocates, say the practice threatens the solvency of insurers and puts policyholders and taxpayers at risk.

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08/30/2016 12:45 PM

The Insurance Rip-Off At The Heart Of The EpiPen Scandal - Forbes


Forbes

The Insurance Rip-Off At The Heart Of The EpiPen Scandal
Forbes
Here's another rip-off about EpiPen that nobody's talking about: that there is a free market around drug prices, and many patients are being excluded from it. One of the terrifying things about the branded drug market is that competition often doesn't ...

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08/30/2016 01:23 PM

'The Mother of All Risks': Insurance Giants Call on G20 to Stop Bankrolling Fossil Fuels - Common Dreams (press release)


Common Dreams (press release)

'The Mother of All Risks': Insurance Giants Call on G20 to Stop Bankrolling Fossil Fuels
Common Dreams (press release)
Multi-national insurance giants Aviva, Aegon, and Amlin, which together manage $1.2tn in assets, released a statement Tuesday calling on the leaders of the world's biggest economies to commit to ending coal, oil, and gas subsidies within four years.

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08/29/2016 08:50 PM

Insurance rate hikes approved for thousands of Iowans - DesMoinesRegister.com


DesMoinesRegister.com

Insurance rate hikes approved for thousands of Iowans
DesMoinesRegister.com
Iowa Insurance Commissioner Nick Gerhart has approved rate increases sought by four companies who provide health insurance in the state, Gerhart's agency announced Monday. The increases include plans covered by Wellmark Blue Cross & Blue Shield, ...
Health Insurance Rate Increases ApprovedKIWARadio.com
Insurance Commissioner approves health care rate increases for 4 companiesRadio Iowa
Iowa approves health insurance rate hikes for 4 companiesKSFY

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08/30/2016 05:05 PM

Lawmakers asking questions about insurance rate hikes - WRCB-TV


WRCB-TV

Lawmakers asking questions about insurance rate hikes
WRCB-TV
Tennessee lawmakers are calling for a special hearing to explain why massive insurance rate hikes were approved last week by the Department of Commerce and Insurance. In a news conference on Tuesday morning, Sen. Jeff Yarbro and Rep. John Ray ...

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08/30/2016 12:15 PM

Don't Be Scared of a Health-Insurance Public Option - Bloomberg


Bloomberg

Don't Be Scared of a Health-Insurance Public Option
Bloomberg
One of the big debates in health care right now is whether to create a public option for health insurance. Most observers of Obamacare agree that the big problem is private insurers pulling out of health-care exchanges. That leaves smaller states with ...
(Dreamstime image: Ezumeimages)National Review Online
Insurance rates under Affordable Care Act set to spike in 2017KCRG
Would Single-Payer National Health Insurance Break the Bank?Huffington Post
Townhall -The Denver Post -Clarifying Health (blog) -Kaiser Family Foundation
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08/30/2016 05:24 PM

Tesla enters car insurance business as self-driving cars prepare to disrupt the industry - Electrek


Electrek

Tesla enters car insurance business as self-driving cars prepare to disrupt the industry
Electrek
Self-driving cars will almost completely eliminate the occurrence of car accidents caused by humans, which represents about 90% of all car accidents in the U.S. according to NHTSA. Consequently, autonomous driving has the potential to save millions of ...
Tesla launching its own car insurance plans?LeftLane News

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08/30/2016 12:35 PM

Are Life Insurance Proceeds Subject to Taxes? - Forbes


Forbes

Are Life Insurance Proceeds Subject to Taxes?
Forbes
When you purchase life insurance, the money your beneficiary receives when you pass away are referred to as death benefits (unlike the cash available from a whole life policy, whether it is accessed before and after death.) Generally speaking, your ...

 

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08/30/2016 06:00 PM

10 Insurance News Reports from 10 Years Ago - Insurance Journal


10 Insurance News Reports from 10 Years Ago
Insurance Journal
In August, 2006…. Blackberries, Palms and Nokias were out there but smartphones were not the ubiquitous device they are today; it would be 10 months before the iPhone would burst on the scene. How else did the world, specifically the insurance world, ...

 

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08/30/2016 12:34 AM

State seeks to discipline county over fair insurance - Great Falls Tribune


Great Falls Tribune

State seeks to discipline county over fair insurance
Great Falls Tribune
The Office of the Montana State Auditor, Commissioners of Securities and Insurance is proposing disciplinary action against Cascade County for selling ...
Cascade County could face penalties for selling insurance to Mon ...KRTV Great Falls News

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insurance news feeds
 

International Insurance News

sort international news by: headlines | date | relevance

08/25/2016 03:23 PM

A.M. Best Affirms Ratings of Jordan International Insurance Company - Business Wire (press release)


A.M. Best Affirms Ratings of Jordan International Insurance Company
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Jordan International Insurance Company (JIIC) (Jordan). The outlook for each rating remains stable. The ratings reflect ...
A.M. Best Affirms Ratings of Doha Insurance Company Q.S.C.Digital Journal

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08/23/2016 08:27 AM

Shropshire insurance company shortlisted for international award - shropshirelive.com


shropshirelive.com

Shropshire insurance company shortlisted for international award
shropshirelive.com
Health and safety specialists at a Shropshire company have been shortlisted for an international award – for the third year in a row. The team from Henshalls in Newport and Shrewsbury are finalists in the Specialist Company of the Year category at this ...

 

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08/30/2016 02:54 PM

Commissioners plan to fix sewers in pockets of pollution by next summer - Columbus Dispatch


Commissioners plan to fix sewers in pockets of pollution by next summer
Columbus Dispatch
In some cases, gravity-based sewers were installed so that sewage flowed the wrong way. Deer Creek went out of business, and its insurance company, International Fidelity, has refused to pay. The county has hired a law firm to deal with International ...

 

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08/30/2016 04:08 PM

Validus Holdings, Ltd. to Release Third Quarter 2016 Financial Results on October 27, 2016 - Yahoo Finance


Validus Holdings, Ltd. to Release Third Quarter 2016 Financial Results on October 27, 2016
Yahoo Finance
Validus Holdings, Ltd. (“Validus” or the “Company”) (VR) announced today that it plans to release its financial results for the quarter ended September 30, 2016, after the close of trading on the New York Stock Exchange on Thursday, October 27, 2016.

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08/29/2016 02:30 PM

Navigators Appoints New Leadership for Claims Operations - Insurance Journal


Navigators Appoints New Leadership for Claims Operations
Insurance Journal
In addition in the International segment, Michael Phipps joined Navigators on August 22, 2016 as claims manager for Navigators International Insurance Co., the company's recently authorized U.K. domiciled insurance company. Phipps previously worked at ...

 

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08/30/2016 08:37 PM

AIG (AIG) Board Approves Pursuit of Divestiture Program - StreetInsider.com


StreetInsider.com

AIG (AIG) Board Approves Pursuit of Divestiture Program
StreetInsider.com
American International Group, Inc. (the “Company”) is furnishing the Investor Presentation, dated August 30, 2016, attached as Exhibit 99.1 to this Current Report on Form 8-K (the “Investor Presentation”), which the Company may use from time to time in ...

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08/30/2016 07:19 PM

Fitch Affirms PPG's IDR at 'A-'; Outlook Stable - Yahoo Finance


Fitch Affirms PPG's IDR at 'A-'; Outlook Stable
Yahoo Finance
3, 2016, PPG completed the transfer of certain U.S. pension obligations to Massachusetts Mutual Life Insurance Company and Metropolitan Life Insurance Company. ... of the commodity chemicals business in early 2013, the acquisition of the North American ...

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08/30/2016 12:46 PM

AIG Rides Annuity Sales To Financial Success - Insurance News Net


Insurance News Net

AIG Rides Annuity Sales To Financial Success
Insurance News Net
Nearly a decade after American International Group almost collapsed, the New York-based insurance giant has re-invented itself as the top seller of fixed and variable annuities. In the first half of the year, AIG finished in the No. 1 spot with $9.78 ...

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08/30/2016 09:15 AM

Death On Verrückt Sparks National Debate About Regulations At Amusement Parks - KCUR


KCUR

Death On Verrückt Sparks National Debate About Regulations At Amusement Parks
KCUR
But Paul Noland, who heads the International Association of Amusement Parks and Attractions, says that's just not necessary. "There's no evidence at all that federal oversight would improve on this already ... Collins says that inspectors or, auditors ...

 

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08/30/2016 11:03 AM

Qatar Re profits leap amid rapid expansion | The Royal Gazette ... - Royal Gazette


Royal Gazette

Qatar Re profits leap amid rapid expansion | The Royal Gazette ...
Royal Gazette
Bermudian-headquartered Qatar Re is reaping the benefits of investing last year to grow its business.During the first six months of 2016 it achieved.
Qatar Re net profit increases 79 per cent for H1 2016 | CPI Financial ...CPI Financial

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