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National Insurance News

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05/04/2016 11:55 AM

What is cyber insurance and why you need it - CIO


CIO

What is cyber insurance and why you need it
CIO
A cyber insurance policy, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach ...

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05/04/2016 11:43 PM

Insurance coverage for autism treatment becomes law in Oklahoma - Tulsa World


KOKI FOX 23

Insurance coverage for autism treatment becomes law in Oklahoma
Tulsa World
Jason Nelson, R-Oklahoma City, mandates that insurance policies issued in the state provide coverage for the screening, diagnosis and treatment of autism spectrum disorder for children younger than 9 or for up to six years for children diagnosed after ...
Oklahoma governor signs autism insurance measure, 6 othersWashington Times

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05/04/2016 10:23 PM

NC insurance commissioner: Blue Cross likely to be fined 'millions' for IT woes - Charlotte Observer


Charlotte Observer

NC insurance commissioner: Blue Cross likely to be fined 'millions' for IT woes
Charlotte Observer
North Carolina's insurance commissioner expects to issue a fine against Blue Cross and Blue Shield “in the millions of dollars” for ongoing technology problems that have botched coverage, billing and payments for thousands of customers and doctors in ...

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05/04/2016 06:43 PM

Looking for an alternative to long-term-care insurance? - MarketWatch


MarketWatch

Looking for an alternative to long-term-care insurance?
MarketWatch
Unfortunately, Medicare and most Medigap health-insurance policies don't cover nursing-home care. So the default is Medicaid for those who reach poverty levels. I've seen some examples of such poor Medicaid assistance they can't help but make you cry, ...

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05/04/2016 08:43 PM

Former insurance agent charged in decade-long alleged - Kern Golden Empire


Kern Golden Empire

Former insurance agent charged in decade-long alleged
Kern Golden Empire
A former Bakersfield insurance agent has been formally charged with felony insurance fraud. Valerie Ann Verdugo, 38, is accused of obtaining insurance coverage without paying the carrier on those policies for more than 10 years. "Verdugo allegedly used ...
Valerie Ann Verdugo allegedly embezzled from insurance accounts for a decadeKERO 23ABC News
Former Bakersfield insurance agent charged with fraudBakersfield Now
Bakersfield insurance agent to be arraigned on grand theft, embezzlement chargesThe Bakersfield Californian

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05/04/2016 02:08 PM

How One Infraction Can Wreck Your Auto Insurance - TheStreet.com


TheStreet.com

How One Infraction Can Wreck Your Auto Insurance
TheStreet.com
Though the Insurance Information Institute (III) likes to point out that the annual cost of auto insurance has been nearly flat in recent years -- rising from $798 in 2011 to $815 in 2012, according to a December 2014 report from the National ...

 

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05/04/2016 10:35 PM

Pet insurance: Is it worth the cost? - WNDU-TV


WNDU-TV

Pet insurance: Is it worth the cost?
WNDU-TV
Consumer Reports estimates fewer than one percent of pets in the U.S. and Canada were insured at the end of 2014, but that trend is changing. So is it worth it? Our pooches come in all shapes, sizes and colors. Some are mutts and some are pure bred.

 

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05/04/2016 04:41 PM

Insurance cost of DWIs in Louisiana among lowest in US - NOLA.com


NOLA.com

Insurance cost of DWIs in Louisiana among lowest in US
NOLA.com
If you're convicted of driving under the influence in Louisiana, the increase in your automobile insurance will be far less than in nearly every other state, according to new research. The website ValuePenguin, which provides information on insurance ...

 

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05/04/2016 08:13 PM

Vero Beach insurance agent charged with fraud - TCPalm


TCPalm

Vero Beach insurance agent charged with fraud
TCPalm
INDIAN RIVER COUNTY — An insurance agent was charged Tuesday with falsifying workers' compensation records for a construction company, according to state officials. Robin Yencho, 50, of Professional Insurance Providers of Vero Beach, was charged ...

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05/04/2016 05:23 PM

One Infraction Can Wreck Your Auto Insurance: Here's How - MainStreet


MainStreet

One Infraction Can Wreck Your Auto Insurance: Here's How
MainStreet
Though the Insurance Information Institute (III) likes to point out that the annual cost of auto insurance has been nearly flat in recent years -- rising from $798 in 2011 to $815 in 2012, according to a December 2014 report from the National ...

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International Insurance News

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04/21/2016 11:06 PM

Attempts to Embezzle Millions From Global Insurance Company Results in Jail - Lawfuel (blog)


Attempts to Embezzle Millions From Global Insurance Company Results in Jail
Lawfuel (blog)
From January 2012 through December 2013, SHEA and FALLON engaged in a scheme to embezzle approximately $2.6 million from SHEA's employer, the North American subsidiary of an international insurance company (“Company-1”). SHEA, who rose to ...

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04/30/2016 10:23 PM

Insurer gets gong for bad behaviour - Radio New Zealand


Radio New Zealand

Insurer gets gong for bad behaviour
Radio New Zealand
The insurance company said it was disappointed to have been named New Zealand's worst transnational corporation. IAG's head of corporate affairs, Craig Dowling, said the award showed a tragic lack of understanding of earthquake issues, and the ...

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04/25/2016 11:14 PM

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company - Bergen Dispatch


Bergen Dispatch

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company
Bergen Dispatch
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that James J. Shea, age 49 of Paramus, New Jersey, was sentenced in Manhattan federal court to 18 months in prison for participating in a scheme to ...

 

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04/08/2016 05:57 PM

Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA) - Los Angeles Mirror


Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA)
Los Angeles Mirror
Magna International (USA) (MGA) : Manufacturers Life Insurance Company The scooped up 32,296 additional shares in Magna International (USA) during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now ...

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05/04/2016 12:55 PM

American International Group Inc. | $AIG Stock | Shares Sink On Poor Earnings Results - TickerTV News (press release)


TickerTV News (press release)

American International Group Inc. | $AIG Stock | Shares Sink On Poor Earnings Results
TickerTV News (press release)
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. Its various offerings include products ...
Analysts See Rise of American International Group Inc (AIG) Earnings Per ShareFranklin Independent
Granite Investment Advisors Lowers stake in American International Group Inc (AIG)Market Digest
Insurance titan American International Group posts lower than expected profits for third consecutive quarterCity A.M.
Insider Monkey (blog)
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05/04/2016 08:31 PM

ERISA pre-empts breach of contract lawsuit against Reliance Standard Insurance Company, IBEW - The Pennsylvania Record


The Pennsylvania Record

ERISA pre-empts breach of contract lawsuit against Reliance Standard Insurance Company, IBEW
The Pennsylvania Record
PHILADELPHIA -- A federal court has dismissed a lawsuit alleging breach of contract and breach of fiduciary duty filed against Reliance Standard Life Insurance Company, the International Brotherhood of Electrical Workers (IBEW) Local 380 and the Union ...

 

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05/04/2016 07:00 PM

IBM and Cisco Have the Same Security Strategy - Motley Fool


Motley Fool

IBM and Cisco Have the Same Security Strategy
Motley Fool
The Wall Street Journal estimated that cybercrime costs in the U.S. totaled $100 billion in 2013, and British insurance company Lloyd's put the global figure at $400 billion in 2015. Juniper Research expects global cybercrime costs to balloon to over ...

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05/04/2016 11:47 PM

Jon Stewart, Stephen Colbert and Social Justice Films at the Montclair Film Festival - Huffington Post


Jon Stewart, Stephen Colbert and Social Justice Films at the Montclair Film Festival
Huffington Post
This new documentary feature film on the life and music of Sharon Jones and the Dap Kings debuted at the prestigious Toronto International Film Festival. Directed by two-time Academy Award winner Barbara Kopple film will close Festival film and ...

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05/04/2016 11:55 AM

What is cyber insurance and why you need it - CIO


CIO

What is cyber insurance and why you need it
CIO
An insurance company wants to see that an organization has assessed its vulnerability to cyberattacks (created a cyber risk profile) and follows best practices by enabling defenses and controls to protect against attacks as much as possible. Employee ...

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05/04/2016 02:17 PM

Term Sheet -- Wednesday, May 4 - Fortune


Term Sheet -- Wednesday, May 4
Fortune
Prior to joining the firm, Quinn was a group VP for Baxter International. A memorial service will be held at First Presbyterian Church of Lake Forest tomorrow at 1pm. His family asks that, ... lender to buyers of manufactured homes. No financial terms ...

 

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