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National Insurance News

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03/30/2015 08:52 AM

Driving without insurance? Police in Michigan can now tell just by running ... - MLive.com


MLive.com

Driving without insurance? Police in Michigan can now tell just by running ...
MLive.com
Bay County Deputy Josh Rytlewski sits in his patrol vehicle to demonstrate the in-car computer system. As of Wednesday, Nov. 12, police throughout the state can determine if a motor vehicle has insurance simply by running its license plate. (Yfat ...
Police officers in Michigan can see if you have car insurance before you show ...Michigan Radio
Police in Mich. use easy way to check vehicle insuranceThe Detroit News
Police use easy way to check vehicle insurancePort Huron Times Herald

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03/30/2015 06:29 PM

Delco DA: 11 Charged In Alleged Auto Body Shop Insurance Fraud Scheme - CBS Local


CBS Local

Delco DA: 11 Charged In Alleged Auto Body Shop Insurance Fraud Scheme
CBS Local
District Attorney Jack Whelan says after a four year investigation, they have arrested 45-year-old Frank Wilson, owner of Transformer Collision Specialist in Darby, for pocketing money from insurance companies. The DA says Wilson took slightly damaged ...
11 charged in Delco insurance fraudPhilly.com
11 charged in Delco auto insurance fraud caseWPVI-TV
11 Charged In $85000 Insurance Fraud SchemeMyFox Philadelphia
The Delaware County Daily Times
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03/28/2015 07:11 PM

Rise in government insurance rates to mirror rising waters, flood debt - Washington Post


Tampabay.com (blog)

Rise in government insurance rates to mirror rising waters, flood debt
Washington Post
At her small beach house that sits in a flood zone, Nancy Loft-Powers worries. The prospect of rising water, she said, isn't what bothers her. It's the expected rise in the cost of her $7,500 yearly flood insurance. “My insurance is more than my ...
On April 1, homeowners will see flood insurance rates increaseTampabay.com (blog)

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03/30/2015 07:05 PM

Obamacare Could Be in Trouble if It Drives Businesses From Insurance Market - National Journal


National Journal

Obamacare Could Be in Trouble if It Drives Businesses From Insurance Market
National Journal
March 30, 2015 Next year, Obamacare insurance rules will start to apply to a new pool of small businesses, and experts say that could lead many of them to take a look at insuring themselves—that is, stepping outside of the health care law's market and ...

 

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03/30/2015 08:21 AM

Liberty Mutual Insurance in talks to lease big Plano office block - Dallas Morning News (blog)


Dallas Morning News (blog)

Liberty Mutual Insurance in talks to lease big Plano office block
Dallas Morning News (blog)
Developer KDC plans to build the new insurance company offices which would house several thousand workers. The Plano city council plans to vote next month on economic incentives to support Liberty Mutual's new operation. The first of the insurance ...

 

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03/30/2015 11:20 AM

Cyber Insurance Policies: Are They Worth the Money? - CFO Magazine


CFO Magazine

Cyber Insurance Policies: Are They Worth the Money?
CFO Magazine
Some companies have purchased “dedicated” cyber insurance policies that provide coverage for first-party and third-party risk exposures. Other companies are still in the evaluation phase and are appropriately wondering whether such policies are needed, ...
Congress seeks solutions on cyber risk that include insuranceBusiness Insurance

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03/30/2015 12:40 PM

Supreme Court To Decide if Employees Can Avoid Repaying Insurance Plan By ... - Forbes


Forbes

Supreme Court To Decide if Employees Can Avoid Repaying Insurance Plan By ...
Forbes
The U.S Supreme Court has agreed to settle a split among the federal circuits over a seemingly simple question: Can an employee get out of an agreement to repay health benefits from the proceeds of a lawsuit or other settlement by spending the money first?

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03/30/2015 09:39 AM

ACA Has Pushed Insurance Premiums to New Heights - Wall Street Journal (blog)


Wall Street Journal (blog)

ACA Has Pushed Insurance Premiums to New Heights
Wall Street Journal (blog)
It's been five years since the Affordable Care Act became law, but only two since most of its provisions went into effect. As its detractors predicted, the ACA's implementation led to a large, immediate rise in health insurance premiums. This is hardly ...

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03/30/2015 07:46 AM

Private Equity's Next Frontier: Insurance BPO Drives Higher Valuations - Forbes


Forbes

Private Equity's Next Frontier: Insurance BPO Drives Higher Valuations
Forbes
Traditionally, insurance firms have relied on investment banks, equity markets, fixed income funds and hedge funds for growth capital. Increasingly, however, insurance firms are attracting capital from PE investors. A key reason for this emerging trend ...

 

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03/30/2015 01:58 PM

Finance shakeup at Health Insurance Innovations takes a bite out of the stock ... - Tampa Bay Business Journal


Tampa Bay Business Journal

Finance shakeup at Health Insurance Innovations takes a bite out of the stock ...
Tampa Bay Business Journal
Shares of Health Insurance Innovations Inc. dropped more than 8 percent on the news that the Tampa company's well-known chief financial officer was leaving the company. Dirk Montgomery resigned today as executive vice president and CFO to pursue ...
Health Insurance Innovations, Inc. Announces Finance Organization ChangesNasdaq

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International Insurance News

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03/27/2015 07:43 AM

Fosun International Eyes Multiple Insurance Deals - Wall Street Journal


Wall Street Journal

Fosun International Eyes Multiple Insurance Deals
Wall Street Journal
Its largest purchase so far, according to Dealogic, has been Fidelidade Group, Portugal's largest insurance company, which it bought for $1.5 billion last year. It also bought a 20% stake in U.S. insurer Ironshore for about $463.8 million last year. In ...

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03/30/2015 01:20 AM

International Insurance Company suddenly increased its assets - Azerbaijan Business Center


International Insurance Company suddenly increased its assets
Azerbaijan Business Center
Baku, Fineko/abc.az. International Insurance Company OJSC (IIC), the largest player of the free insurance market in Azerbaijan (the market without regulated compulsory kinds of insurance), has suddenly increased its assets. IIC informs that the audit ...

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03/23/2015 01:54 PM

Mapfre – global insurance company with presence in 47 countries, Malta included - Malta Independent Online


Malta Independent Online

Mapfre – global insurance company with presence in 47 countries, Malta included
Malta Independent Online
The Mapfre Group held its annual general meeting for its 2,450,000 shareholders in Madrid last Friday. Although the hall of the Palacio de Congresos y Esposiciones in Madrid was rather full, they were by no means all shareholders. Other shareholders ...

 

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03/04/2015 09:41 PM

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ... - BusinessKorea


BusinessKorea

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ...
BusinessKorea
Hanwha Life Insurance, which is Korea's first life insurance company and symbolizes all Korean life insurance companies, has sequentially succeeded in entering the global markets of China, Vietnam, and Indonesia. Hanwha Life Insurance is the first ...

 

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03/19/2015 03:56 AM

International Insurance Company: changes in exchange rate of manat made no ... - Azerbaijan Business Center


International Insurance Company: changes in exchange rate of manat made no ...
Azerbaijan Business Center
Baku, Fineko/abc.az. It's already been a month since the Azerbaijani manat was devalued by 34% against the US dollar and the first effect of devaluation can now be estimated. According to the International Insurance Company, changes in the rate of the ...
TOP-10 Azerbaijani insurance companies provide over 83% of premiumsTrend News Agency

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03/27/2015 03:05 PM

American International Group: No Power To Move Higher? (AIG) - Seeking Alpha (registration)


American International Group: No Power To Move Higher? (AIG)
Seeking Alpha (registration)
Even though shares of the insurance firm are up 9.70% over the last twelve months, American International Group's shares don't excite shareholders. Shares of the insurance company have repeatedly failed to break the very strong resistance level at $56.

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03/29/2015 01:49 AM

American International Group Assigned BBB+ Credit Rating by Morningstar (AIG) - The Legacy


American International Group Assigned BBB+ Credit Rating by Morningstar (AIG)
The Legacy
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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03/09/2015 05:53 AM

Great American Insurance Group to Launch Singapore Operation - Insurance Journal


Great American Insurance Group to Launch Singapore Operation
Insurance Journal
Great American Insurance Group announced its lead insurer, Great American Insurance Company, has received preliminary approval from the Monetary Authority of Singapore to establish a branch operation. It plans to begin underwriting risks once all pre ...

 

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03/28/2015 08:18 AM

Zacks Reaffirms "Hold" Rating for American International Group (AIG) - Dakota Financial News


Zacks Reaffirms "Hold" Rating for American International Group (AIG)
Dakota Financial News
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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03/30/2015 12:35 PM

AIG: The Story Has Not Changed As Long-Term Value Still Exists - Seeking Alpha (registration)


AIG: The Story Has Not Changed As Long-Term Value Still Exists
Seeking Alpha (registration)
... of the Fund still highly values its current investment in this large insurance company. As described in the fund report, the prospects of the company are great if management of AIG is able to more efficiently operate this large-scale global ...

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