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National Insurance News

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06/30/2016 01:45 PM

Cleveland to spend $9.5M on insurance for GOP convention - Philly.com


Reason (blog)

Cleveland to spend $9.5M on insurance for GOP convention
Philly.com
CLEVELAND (AP) - A city of Cleveland panel on Wednesday authorized spending nearly $10 million to purchase $50 million in insurance to protect the city against claims during the Republican National Convention after a consultant concluded the city faces ...
Cleveland Takes Out $50 Million "Protest Insurance" Policy For RNCReason (blog)
Cleveland takes out $50M insurance policy for conventionThe Hill (blog)
Cleveland quintuples RNC 'protest insurance' coverage to $50 million, citing increased risk concernscleveland.com
Washington Examiner -Twitchy
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06/29/2016 11:00 PM

US Probes Chinese Ownership of CIA-Linked Insurance Company - Newsweek


Newsweek

US Probes Chinese Ownership of CIA-Linked Insurance Company
Newsweek
Updated | Federal investigators are taking a close look at the Chinese ownership of an American insurance company that has been selling legal liability insurance to senior CIA, FBI and other intelligence officials and operatives for decades. The ...

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06/29/2016 06:40 PM

Auto Insurance Is Costlier at Lower Incomes, Study Says - New York Times


FOX 13 News, Tampa Bay

Auto Insurance Is Costlier at Lower Incomes, Study Says
New York Times
Being on the lower end of the wage scale can mean paying much more for car insurance, even for good drivers. Factors like renting rather than owning a home, holding just a high school diploma and working an hourly wage job can mean substantially higher ...
Report: Low economic status could mean higher insurance ratesFOX 13 News, Tampa Bay
The Surprising Reason You May Be Charged More for Car InsuranceMoney Talks News (blog)

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06/30/2016 07:09 PM

Louisiana Sen. David Vitter holds hearing on flood insurance - NOLA.com


NOLA.com

Louisiana Sen. David Vitter holds hearing on flood insurance
NOLA.com
The sting of skyrocketing premiums on homes and businesses was at the forefront Thursday (June 30) in the latest round of debate over the future of the National Flood Insurance Program revved up in Congress. With the flooding that crippled West ...

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06/30/2016 12:11 PM

Possible hike in UI insurance costs a 'gut punch' - Champaign/Urbana News-Gazette


Champaign/Urbana News-Gazette

Possible hike in UI insurance costs a 'gut punch'
Champaign/Urbana News-Gazette
URBANA — University of Illinois employees are being warned about a dark cloud looming over their health insurance benefits. Changes in coverage and costs could be imposed down the road on a retroactive basis to July 1 when the next state budget year ...

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06/30/2016 03:01 PM

How A Pa. Manufacturer Made Everybody Happy By Dropping Health Insurance - Forbes


Forbes

How A Pa. Manufacturer Made Everybody Happy By Dropping Health Insurance
Forbes
The Affordable Care Act was sold with a famous promise: if you like your health insurance, you could keep it. And while that has been largely true for employees who work for big companies, which have mostly maintained their health coverage, small ...

 

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06/29/2016 01:18 PM

Insurance won't pay for women to have pleasurable sex - CNN


CNN

Insurance won't pay for women to have pleasurable sex
CNN
And these doctors say the psychiatrist requirement is just one of many "barriers" that insurance companies have put in place for women, but not men, who are seeking drugs to treat sexual problems. "It's a huge double standard," said Weber's ...
Surprising Absolutely Nobody, Insurance Companies Are Not Covering 'Female Viagra'New York Magazine

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06/30/2016 11:17 AM

The story of compliance in the insurance industry: modern regulation — Part 2 - PropertyCasualty360


PropertyCasualty360

The story of compliance in the insurance industry: modern regulation — Part 2
PropertyCasualty360
Today's regulatory oversight of insurance — still the purview of the states — is designed to maintain a competitive balance in the industry, largely by focusing on two distinct aspects of insurance: financial regulation and market conduct. The ...

 

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06/30/2016 03:16 PM

Posse's lack of liability insurance tops commissioners' meeting - The Courier-Express


Posse's lack of liability insurance tops commissioners' meeting
The Courier-Express
Commissioner Mark McCracken said the county was notified in January by its insurance provider, Pennsylvania Counties Risk Pool (Pcorp), the entity that covers Clearfield County government, and Pcomp, the provider of its workman's compensation policy, ...

 

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06/29/2016 06:18 PM

How To Bridge The Cyber Insurance Gap - Dark Reading


How To Bridge The Cyber Insurance Gap
Dark Reading
The information security and insurance businesses traditionally have worked in parallel with one another, but with the rise of high-profile security breaches the two industries are being forced to work more in concert. A new study by the SANS Institute ...

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insurance news feeds
 

International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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06/29/2016 11:00 PM

US Probes Chinese Ownership of CIA-Linked Insurance Company - Newsweek


Newsweek

US Probes Chinese Ownership of CIA-Linked Insurance Company
Newsweek
Updated | Federal investigators are taking a close look at the Chinese ownership of an American insurance company that has been selling legal liability insurance to senior CIA, FBI and other intelligence officials and operatives for decades. The ...

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06/30/2016 11:36 AM

American International Group Inc (AIG) Upgraded to Overweight by Atlantic Securities - The Cerbat Gem


TheStreet.com

American International Group Inc (AIG) Upgraded to Overweight by Atlantic Securities
The Cerbat Gem
American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and ...
AIG Stock Upgraded at Atlantic EquitiesTheStreet.com

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06/30/2016 04:36 PM

Chubb Announces Changes to its Regional Presidents in Asia Pacific and Latin America; New Division President ... - PR Newswire (press release)


Chubb Announces Changes to its Regional Presidents in Asia Pacific and Latin America; New Division President ...
PR Newswire (press release)
Before joining ACE in 2001, Mr. Cazar held positions of increasing responsibility with CIGNA International, a global property and casualty company that ACE purchased in 1999. He began his career at Bolivar Insurance Company in Ecuador. Mr. Cazar holds ...
Chubb Names Ed Levin Digital Business Officer, a Newly Created PositionYahoo Finance

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06/30/2016 12:32 PM

Will County man says he'll ditch lawsuit over alleged doorbell prank - Chicago Tribune


Chicago Tribune

Will County man says he'll ditch lawsuit over alleged doorbell prank
Chicago Tribune
A Will County man who claimed a neighborhood teenager caused him emotional distress and lost income by frequently ringing his doorbell and fleeing said Wednesday he is dropping a lawsuit against the youth and his family. John D. Wright, of Shorewood, ...

 

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06/09/2016 01:18 PM

Boston Mutual Life Insurance Company appoints new officer - Wicked Local Canton


Boston Mutual Life Insurance Company appoints new officer
Wicked Local Canton
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer. ... Prior to ...

 

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06/29/2016 01:18 PM

Insurance won't pay for women to have pleasurable sex - CNN


CNN

Insurance won't pay for women to have pleasurable sex
CNN
In addition to the psychiatrist requirement, Weber's insurance company, Blue Shield of California, refuses to pay for Addyi unless a woman first tries another, less expensive drug, according to the company's prescribing guidelines. That less expensive ...
Surprising Absolutely Nobody, Insurance Companies Are Not Covering 'Female Viagra'New York Magazine
'Female Viagra' not covered on most insurance plansKSAT San Antonio

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06/30/2016 04:01 AM

An E-Commerce Challenge in Africa: Selling to People Who Aren't Online - The New Yorker


The New Yorker

An E-Commerce Challenge in Africa: Selling to People Who Aren't Online
The New Yorker
... Jumia Group, which was then called Africa Internet Group, became the continent's first unicorn, surpassing a billion dollars in market value thanks to a funding round from the insurance company A.X.A. (A later round involving Goldman Sachs, among ...

 

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06/30/2016 01:47 AM

ACTIVA Impacts 59 Rural Women Ebola Victims - Liberian Daily Observer


Liberian Daily Observer

ACTIVA Impacts 59 Rural Women Ebola Victims
Liberian Daily Observer
Activa International Insurance Company (Lib) Limited (AIIC) didn't know the level of impact it would make when the company, as part of its Corporate Social Responsibility, decided to invest US$20,000 in women and girls' empowerment with livelihood ...

 

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06/01/2016 08:00 AM

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics - International Business Times


International Business Times

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics
International Business Times
That age-old question is no abstraction when it comes to your healthcare premiums, as Cigna and Anthem Blue Cross Blue Shield are pushing to merge into the largest health insurance company in America. With consumer groups, physicians and hospital ...

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