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National Insurance News

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11/23/2014 06:33 PM

On the Job: Compass Insurance Services opens in Point - Stevenspointjournal


Stevenspointjournal

On the Job: Compass Insurance Services opens in Point
Stevenspointjournal
Started in Kronenwetter more than 20 years ago, Compass Insurance Services provides home, auto, recreational, health and life insurance. The business also provides commercial insurance for manufacturing companies, assisted-living facilities, retail, ...

 

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11/22/2014 11:15 PM

Auto insurance rates put the brakes on Detroit - Detroit Free Press


Detroit Free Press

Auto insurance rates put the brakes on Detroit
Detroit Free Press
Reid, now 45, recalled how the first agent they visited quoted a $500-per-month premium to insure their late-'90s Toyota Camry, which would be parked in front of their new house in southwest Detroit. In Toronto, the couple paid $180 a month for ...
Will Detroit's Skyrocketing Car Insurance Rates Hurt Growth?Deadline Detroit
Detroit High Car Insurance Rates Will Hurt City?FoxWeekly

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11/23/2014 06:42 PM

Few think about insurance when air ambulance lifts off; then ... surprise - Omaha World-Herald


Omaha World-Herald

Few think about insurance when air ambulance lifts off; then ... surprise
Omaha World-Herald
Because of huge costs involved even if health insurance covers some of them, the National Association of Insurance Commissioners has issued a consumer alert to warn about air ambulance costs. Here, an accident victim is loaded onto an air ambulance ...

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11/21/2014 09:14 PM

Hartford Insurer Earl O'Garro Charged With Insurance Fraud - Hartford Courant


NBC Connecticut

Hartford Insurer Earl O'Garro Charged With Insurance Fraud
Hartford Courant
HARTFORD — Federal authorities accused once-rising Hartford insurance star Earl O'Garro Jr. of fraud Friday, saying that he lied to obtain $126,000 in state economic assistance money and embezzled more than $1 million more in insurance premiums from ...
Hartford Insurance Broker Accused of Defrauding the StateNBC Connecticut
Insurance broker indicted for allegedly stealing money from state and private ...FOX CT

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11/20/2014 10:20 PM

Harland Stonecipher, Insurance Pioneer, Dies at 76 - New York Times


Harland Stonecipher, Insurance Pioneer, Dies at 76
New York Times
Mr. Stonecipher's innovation was to allow people to pay monthly premiums for help with legal matters — from divorce to warranty disputes, from arrests to identity theft — in the manner of health insurance. He also built an army of sales employees ...

 

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11/23/2014 09:10 PM

Renters insurance encouraged - Enid News & Eagle


Renters insurance encouraged
Enid News & Eagle
“The renters insurance, they say, is not very expensive. People don't think about that until it actually happens.” Rich, who owns several rental properties in Enid, has never experienced a fire and did not think about renters insurance prior to the Nov ...

 

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11/24/2014 12:32 AM

Allianz Australia says named preferred buyer for Territory Insurance - Reuters


The Guardian

Allianz Australia says named preferred buyer for Territory Insurance
Reuters
Territory Insurance is the market leader in Australia's Northern Territory with 2013 gross premiums of around A$130 million ($113 million). Allianz Australia attracted A$3.9 billion in premiums in the same period, the company said. (1 US dollar = 1 ...
Northern Territory government sells insurance company for $424mThe Guardian
Allianz Australia named preferred buyer for Territory InsuranceEconomic Times

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11/23/2014 10:35 AM

High-deductible insurance plans put pressure on in... - Pittsburgh Post Gazette


High-deductible insurance plans put pressure on in...
Pittsburgh Post Gazette
The emerging popularity of low-premium, high-deductible health insurance plans that hold patients responsible for a greater share of their medical care costs is exacting a financial and administrative toll on small physician practices and ambulatory ...

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11/23/2014 07:21 PM

Modi Seeks to Insure India's Future - Barron's


Barron's

Modi Seeks to Insure India's Future
Barron's
One of the most important bills lawmakers will consider is a long-delayed bill that would amend the existing insurance law, raising the limit on foreign ownership of insurance companies to 49% from 26%. The upper house rejected the bill in August ...

 

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11/24/2014 05:36 AM

Insurance Bill Divides Parliament as Winter Session Begins: 10 Developments - NDTV


NDTV

Insurance Bill Divides Parliament as Winter Session Begins: 10 Developments
NDTV
First let it be taken up, clause by clause, in the select committee," said Trinamool leader Derek O'Brien. The Congress, which is the largest opposition party, appears to be undecided. "We will discuss the insurance bill with all opposition parties and ...
Winter Session of Parliament begins today, Insurance Bill, GST Act tops govt's ...Zee News
Modi govt to face pressure from Oppn over Insurance Bill in ParliamentFirstpost
Opposition parties likely to unite against Centre on passage of FDI in ...IBNLive
Daily News & Analysis -Deccan Chronicle -Moneycontrol.com
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insurance news feeds
 

International Insurance News

sort international news by: headlines | date | relevance

11/06/2014 01:43 PM

AM Best Removes Ratings of International Fidelity Insurance Company and Its ... - Business Wire (press release)


AM Best Removes Ratings of International Fidelity Insurance Company and Its ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of International Fidelity Insurance Company (IFIC ...

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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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11/09/2014 11:25 AM

International insurance companies to enter Myanmar insurance market - The Nation


International insurance companies to enter Myanmar insurance market
The Nation
"AIA Insurance Company expects to work for long in Myanmar. AIA intends to enter the life and health insurance markets. Life insurance market is one with huge potential. As only a representative office is allowed to be opened right now, we are ready to ...

 

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11/21/2014 08:15 PM

KPMG International | IRS Chief Counsel - Interest paid by insurance company on ... - Linex Legal (press release) (registration)


KPMG International | IRS Chief Counsel - Interest paid by insurance company on ...
Linex Legal (press release) (registration)
TaxNewsFlash - United States-IRS Chief Counsel - Interest paid by insurance company on funding agreements is “policy interest” under section 812(b)(2) November 21: The IRS today publicly released a redacted field advice memorandum* that concludes ...

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11/24/2014 06:50 AM

Security Life Insurance Company of America Announces Successful Deployment ... - CNNMoney


Security Life Insurance Company of America Announces Successful Deployment ...
CNNMoney
EbixEnterprise is an on-demand SaaS based Insurance exchange service from Ebix, Inc. (Nasdaq:EBIX), a leading international supplier of On-Demand software and E-commerce services to the insurance, financial and healthcare industries. This is the first ...

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11/23/2014 12:26 AM

MetLife Middle East & Africa wins Life Insurance Company of the Year Award at ... - Zawya (registration)


MetLife Middle East & Africa wins Life Insurance Company of the Year Award at ...
Zawya (registration)
23 November 2014 (Dubai, United Arab Emirates): MetLife - one of the region's leading insurance companies and a global provider of insurance, annuities and employee benefit programs - was the winner of the Life Insurance Company of the Year Award at ...

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11/23/2014 08:00 PM

News From the Advertising Industry - New York Times


News From the Advertising Industry
New York Times
The account was handled by the Chicago office of Ogilvy & Mather Worldwide, part of WPP, until a conflict emerged recently when Ogilvy & Mather's New York office began working with another insurance company, Nationwide. BBDO New York is ... Also, Neal ...

 

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11/23/2014 07:47 PM

Air ambulance costs can be a big surprise - Norfolk Daily News


Norfolk Daily News

Air ambulance costs can be a big surprise
Norfolk Daily News
Poessnecker and her husband, Alan, never thought to ask whether the helicopter that transported her, from Midwest Medical Transport, was “in-network” for their insurance company, CoOportunity Health. She said the hospital staff “just said they would ...

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11/24/2014 05:13 AM

Petrofac shares sink on profit warning - BBC News


Petrofac shares sink on profit warning
BBC News
Royal Bank of Scotland (RBS) owns Coutts, but last month it put the international arm of the bank up for sale. Intesa is cash rich with €16bn of excess capital sitting on its balance sheet, so it is looking to make acquisitions. It is, however, trying ...

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11/23/2014 09:03 PM

Global business confidence at five-year low - BBC News


BBC News

Global business confidence at five-year low
BBC News
Global business confidence slipped to five-year low in October, according to a survey of 6,100 companies. The number of firms that expect business activity to be higher in the year ahead exceeded those that expected a decline by about 28%. But, that ...

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