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National Insurance News

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09/20/2014 01:47 AM

'Sharing economy' raises insurance issues - The Register-Guard


KTVZ

'Sharing economy' raises insurance issues
The Register-Guard
“When a new industry emerges, it often creates unique insurance situations,” Insurance Commissioner Laura Cali said in a statement. “Consumers should be aware that traditional insurance policies may not apply when participating in a new kind of business.”.
'Sharing economy' creates insurance challengesKTVZ

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09/20/2014 03:06 AM

How much life insurance is enough? - St. George Daily Spectrum


How much life insurance is enough?
St. George Daily Spectrum
If something were to happen to you, would your family have enough life insurance to continue living the way they do today? Experts say many families need 70 percent to 90 percent of their current gross income if something were to happen to the ...

 

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09/19/2014 08:31 PM

Pete Kuhnmench: Auto insurance questions abound - Lansing State Journal


Live Insurance News

Pete Kuhnmench: Auto insurance questions abound
Lansing State Journal
Along with questions about safety, drivers want to know if autonomous vehicles will be cheaper to insure. Auto insurance premiums are based on the frequency (how often) and severity (cost) of auto crashes. Until the technology becomes standard ...
Michigan Panel: Special Authority Needed to Target Car Insurance FraudInsurance Journal
Michigan Car Insurance Fraud Concerns Spurs New Task ForceClaimsJournal.com
Auto insurance fraud is causing trouble in the UKLive Insurance News

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09/19/2014 12:25 PM

Does your city have the highest car insurance costs? - USA TODAY


Does your city have the highest car insurance costs?
USA TODAY
Detroit isn't just the car capital of the U.S. — it's also the king of car-insurance costs. According to insuranceQuotes.com, a subsidiary of finance-info provider Bankrate Insurance, the Motor City and its metropolitan area lay claim to the dubious ...
Areas with the Lowest and Highest Insurance RatesThe News Wheel

all 3 news articles »
 

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09/19/2014 07:28 PM

State Department of Insurance warns of scams targeting wildfire victims - Sacramento Bee


State Department of Insurance warns of scams targeting wildfire victims
Sacramento Bee
In the wake of Northern California wildfires that forced thousands of evacuations and left hundreds of residents homeless, detectives and investigators from the Department of Insurance and Contractors State License Board have spent the week in burn ...

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09/19/2014 03:16 PM

Medical Records For Sale in Underground Stolen From Texas Life Insurance Firm - Krebs on Security


Medical Records For Sale in Underground Stolen From Texas Life Insurance Firm
Krebs on Security
The financial information in the stolen life insurance applications includes the checking and/or savings account information of the applicant, and is collected so that American Income can pre-authorize payments and automatic monthly debits in the event ...

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09/19/2014 10:43 AM

"Do-Nothing" Congress Getting Ready to "Do-Something" for Big Insurance - Huffington Post


"Do-Nothing" Congress Getting Ready to "Do-Something" for Big Insurance
Huffington Post
The Expatriate Health Coverage Clarification Act of 2014, H.R. 4414, is a classic example of that. This legislation bill will benefit basically two insurance companies: Cigna and MetLife. And, it's been getting an inordinate amount of attention on ...

 

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09/19/2014 10:59 PM

Starkville mayor restores insurance for same-sex partners - Jackson Clarion Ledger


Starkville mayor restores insurance for same-sex partners
Jackson Clarion Ledger
Starkville Mayor Parker Wiseman vetoed an board amendment that revoked part of an insurance policy that would have allowed city employees to buy health insurance coverage for domestic partners, including those of the same sex. Wiseman expressed ...

 

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09/18/2014 10:50 AM

How Catholic Insurance Companies Outsource Contraceptive Coverage - NPR (blog)


NPR (blog)

How Catholic Insurance Companies Outsource Contraceptive Coverage
NPR (blog)
Juan Serrano, who heads CHI's new insurance subsidiary, Prominence Health, said in an interview that over the next year and a half, Prominence plans to "expand our health plan footprint into additional Catholic Health Initiative markets ... where they ...

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09/19/2014 06:28 PM

Health insurance program still hemorrhaging cash - Opelousas Daily World


The Republic

Health insurance program still hemorrhaging cash
Opelousas Daily World
Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year. The nonpartisan Legislative Fiscal Office told lawmakers Friday ...
State to have to dip into reserve fund for employees' health insuranceWWL
Louisiana's state worker health insurance program still hemorrhaging cash ...The Republic

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International Insurance News

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09/11/2014 12:14 AM

Specialty Insurance Group Partners with Everest Reinsurance Company to ... - Insurance News Net


Specialty Insurance Group Partners with Everest Reinsurance Company to ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

 

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08/30/2014 04:16 AM

AM Best Assigns Ratings To Ally International - Bernews


AM Best Assigns Ratings To Ally International
Bernews
Rating company A.M. Best has assigned a financial strength rating of B++ [Good] and an issuer credit rating of “bbb+” to Ally International Insurance Company Ltd. [Ally IICL], which is ultimately owned by Ally Financial, Inc. [Ally Financial]. The ...

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09/03/2014 12:55 PM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ... - Business Wire (press release)


Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ...
Business Wire (press release)
... and Everest Reinsurance Company, both members of Everest Re Group, Ltd., have announced an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance company partners ...

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09/08/2014 02:37 AM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ... - Insurance News Net


Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

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09/11/2014 08:02 PM

American International Group: A Deep-Value Insurance Investment With Massive ... - Seeking Alpha (registration)


American International Group: A Deep-Value Insurance Investment With Massive ...
Seeking Alpha (registration)
The insurance company, which is an industry leader in property and casualty, as well as life insurance solutions, has launched a strong comeback with accompanying share buybacks, initiated a dividend and is now in the process of improving the ...

 

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08/28/2014 01:03 PM

Update on International Fidelity Insurance Company's Financial Condition - PR Web (press release)


Update on International Fidelity Insurance Company's Financial Condition
PR Web (press release)
IFIC has recently filed its second quarter June 30, 2014 statutory financial statements. The company's improved investment performance and continuing sound underwriting results contributed to an increase, year over year, in earnings before and after ...

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08/26/2014 07:09 PM

On the move: How and why to obtain international health insurance - Devex


On the move: How and why to obtain international health insurance
Devex
... of coverage, it was $21,” said David Brumbach, director of personal insurance with Clements Worldwide, a global insurance company with more than 65 years of experience helping development professionals secure the international coverage they need.

 

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09/18/2014 01:47 PM

Pan-American Life Insurance Group Introduces Their Independent Contractor ... - Insurance News Net


Pan-American Life Insurance Group Introduces Their Independent Contractor ...
Insurance News Net
Greenwood International Insurance Services, Inc. , a wholly-owned subsidiary of Pan-American Life Insurance Company , specializes in medical stop loss, group accident insurance, and occupational accident insurance. GWI delivers superior customer ...

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09/19/2014 07:11 AM

Litmus Analysis' Shipperlee Explains Current Re/Insurance Ratings - Insurance Journal


Litmus Analysis' Shipperlee Explains Current Re/Insurance Ratings
Insurance Journal
As the former head of A.M. Best in London, and a senior executive with Standard & Poor's, Litmus Analysis Senior Partner Stuart Shipperlee has a very complete knowledge of what re/insurance company ratings are, and, perhaps more importantly, what they ...

 

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09/16/2014 10:39 AM

Rhode Island's FM Global Announces Promotions - Insurance Journal


Rhode Island's FM Global Announces Promotions
Insurance Journal
Bret N. Ahnell, senior vice president, Western division manager, will become an executive vice president. He will oversee various divisions within the company, including underwriting and reinsurance, engineering and research, claims and enterprise ...

 

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