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National Insurance News

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08/23/2016 05:10 PM

AIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund - Wall Street Journal


Wall Street Journal

AIG in Talks to Sell Lloyd's Insurance Operations to Canada Pension Fund
Wall Street Journal
Ascot has operations in Asia and Houston, which could further extend the reach of the Canadian fund's insurance operations. The possible deal highlights the Canadian fund's focus on using its investments to gain meaningful scale in industries ...
AIG in talks to sell Lloyd's insurance business to CPPIB: WSJReuters
Canada's Biggest Pension Fund May Buy AIG's Lloyd's Insurance BusinessBarron's (blog)

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08/23/2016 03:23 PM

Insurance Startup Oscar Quits Two Markets, Rethinks Obamacare Plans - Bloomberg


Bloomberg

Insurance Startup Oscar Quits Two Markets, Rethinks Obamacare Plans
Bloomberg
Health insurance startup Oscar Insurance Corp. will reevaluate its approach to Obamacare after suffering significant losses under the U.S. program and will pull out of two markets next year. Oscar, which pitches itself as a tech-savvy alternative to ...
Josh Kushner's Health-Insurance Start-Up Is StrugglingVanity Fair
Oscar Health Insurance latest to withdraw from Obamacare coverage in NJNorthJersey.com
Insurance company ditches N.J. Obamacare marketNJ.com
Morning Consult -Traverse City Record Eagle -The Hill (blog)
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08/23/2016 07:36 PM

State insurance regulators say U.S. government ignored them in MetLife case - Business Insider


Business Insider

State insurance regulators say U.S. government ignored them in MetLife case
Business Insider
WASHINGTON (Reuters) - State insurance regulators in a court brief on Monday said a powerful U.S. council made up of the heads of all the federal financial regulatory agencies disregarded their work when it designated of MetLife Inc. as "too big to fail.".
MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI RulingTheStreet.com

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08/23/2016 02:49 PM

Anbang Insurance Plans IPO for Life-Insurance Unit - WSJ - Wall Street Journal


Wall Street Journal

Anbang Insurance Plans IPO for Life-Insurance Unit - WSJ
Wall Street Journal
Anbang Insurance plans an initial public offering of its life-insurance unit, a move that will increase disclosure at the opaque Chinese company as it tries to ...
Chinese Insurance Giant Anbang Said to Seek Bank Pitches for IPO ...Bloomberg
Anbang life-insurance unit plans IPOMarketWatch
Waldorf Astoria owner Anbang plans Hong Kong IPO of life ...Reuters
Insurance Journal
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08/23/2016 02:31 PM

Tennessee insurance commissioner: Obamacare exchange 'very near collapse' - The Tennessean


The Tennessean

Tennessee insurance commissioner: Obamacare exchange 'very near collapse'
The Tennessean
The rate approvals, while a tough decision, were necessary to ensure healthcare options in every part of Tennessee when open enrollment begins in November, said McPeak, commissioner of the Tennessee Department of Commerce and Insurance.
TN Approves Health Insurance HikeNewsChannel5.com
Obamacare insurance market near collapse in Tennessee, state ...Memphis Commercial Appeal
Insurance Commissioner: Tennessee Obamacare exchange 'very near collapse'Hot Air
WPLN
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08/24/2016 01:24 AM

Man accused of offering insurance cash, pills for wife's murder - New York Daily News


New York Daily News

Man accused of offering insurance cash, pills for wife's murder
New York Daily News
A Virginia Navy sailor is accused of trying to pay for his estranged wife's murder with insurance money and Adderall. Chadwick Stanley Ghesquiere, a 38-year-old Petty Officer 2nd Class in Virginia Beach, was going through a divorce and custody battle ...

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08/23/2016 01:13 PM

Is Personal Insurance Too Expensive? Not Compared to Gadgets, Food And Games - TheStreet.com


TheStreet.com

Is Personal Insurance Too Expensive? Not Compared to Gadgets, Food And Games
TheStreet.com
According to Life Happens, an insurance industry advocacy group, a "majority" of Americans believe life insurance is "too expensive," and 64% have not purchased life insurance because of what they believe to be higher prices. Life Happens points to a ...

 

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08/23/2016 10:33 PM

Insurance debate in New Milford temporarily resolved - Danbury News Times


Insurance debate in New Milford temporarily resolved
Danbury News Times
NEW MILFORD β€” The town has agreed to provide health insurance to employees of the Children's Center and Center Cemetery until the end of the year, and to reimburse part of the cost of their premiums after that. But several Town Council members want to ...

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08/23/2016 03:30 PM

Shannen Doherty Reaches Settlement In Health Insurance Lawsuit With Ex-Manager - Huffington Post


Huffington Post

Shannen Doherty Reaches Settlement In Health Insurance Lawsuit With Ex-Manager
Huffington Post
The actress initially sued the company, Tanner Mainstain Glynn & Johnson, last year because she said it was their responsibility β€œto ensure timely payment of the medical insurance premiums she had through the Screen Actors Guild,” according to The ...
Shannen Doherty settles cancer insurance lawsuit with ex-managersFox News
Shannen Doherty Settles Health Insurance Lawsuit With Ex-ManagerE! Online
Shannen Doherty Settles Lawsuit With Ex-Managers Over Health Insurance LapseHollywood Reporter
PopCrush -Entertainment Weekly -Insurance Business America -TMZ.com
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08/23/2016 07:37 PM

Expert Gives Agents C- on Understanding of Cyber Insurance - Insurance Journal


Expert Gives Agents C- on Understanding of Cyber Insurance
Insurance Journal
Eduard Goodman, chief privacy officer of Scottsdale, Ariz.-based IDT911, an identity theft protection firm, isn't too high on the industry's knowledge of cyber insurance, cybercrime and data theft. Goodman assigned a grade of C- when asked to assess ...

 

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International Insurance News

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08/23/2016 08:27 AM

Shropshire insurance company shortlisted for international award - shropshirelive.com


shropshirelive.com

Shropshire insurance company shortlisted for international award
shropshirelive.com
Health and safety specialists at a Shropshire company have been shortlisted for an international award – for the third year in a row. The team from Henshalls in Newport and Shrewsbury are finalists in the Specialist Company of the Year category at this ...

 

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07/25/2016 07:14 AM

Houston International Insurance Group Announces Senior Management Promotions - Insurance Journal


Houston International Insurance Group Announces Senior Management Promotions
Insurance Journal
Houston International Insurance Group (HIIG) announced senior management promotions for its holding company, property/casualty underwriting operations and other business units. Peter Smith has been promoted to president of the holding company and ...

 

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08/23/2016 10:00 PM

MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI Ruling - TheStreet.com


TheStreet.com

MetLife (MET) Stock Closed Up, State Insurance Regulators Defend SIFI Ruling
TheStreet.com
The New York City-based insurance company MetLife sued the federal government last year after the Financial Stability Oversight Council (FSOC) designated it as a SIFI, a label that can lead to further regulations and capital requirements. The markets ...

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08/23/2016 01:36 PM

American International Group Inc. (AIG) Price Target Raised to $64.00 at BMO Capital Markets - Community Financial News


FTSE News

American International Group Inc. (AIG) Price Target Raised to $64.00 at BMO Capital Markets
Community Financial News
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 ...
B T Capital Management Dba Alpha Capital Management Lowers stake in American International Group Inc (AIG)TheFounders Daily
Analysts at BMO Capital Markets Reiterate their "Market Perform" rating for American International Group (NYSE:AIG ...Press Telegraph

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08/23/2016 05:02 PM

Fitch Downgrades Aegon's Insurance Operating Entities' IFS to 'A+'; Outloo... - Reuters


Fitch Downgrades Aegon's Insurance Operating Entities' IFS to 'A+'; Outloo...
Reuters
... Company Transamerica Life International (Bermuda) Ltd. Transamerica Premier Life Insurance Company The following Aegon subsidiary companies' Short-term IFS ratings have been downgraded to 'F1' from 'F1+': Transamerica Life Insurance Company ...

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08/23/2016 06:53 PM

AIG Stock Up, Explores Lloyd's Operations Sale to Canada Pension Fund - TheStreet.com


TheStreet.com

AIG Stock Up, Explores Lloyd's Operations Sale to Canada Pension Fund
TheStreet.com
We rate AMERICAN INTERNATIONAL GROUP as a Hold with a ratings score of C+. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a ...

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08/23/2016 04:53 PM

HEMS at Odds with Insurers, Medicare - Aviation International News


Aviation International News

HEMS at Odds with Insurers, Medicare
Aviation International News
... the result of a patient's refusal to engage with us in the process. If they do not engage we cannot help them with the insurance company or complete the required financial relief application which allows us to write down part or all of an air ...

 

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08/24/2016 12:03 AM

Midway offers something new at Oregon State Fair - Statesman Journal


Statesman Journal

Midway offers something new at Oregon State Fair
Statesman Journal
In addition to the annual inspections mandated by the state, Rainier undergoes periodic third-party inspections during the fair season through their insurance company. During an event, every ride is inspected every day before the gates open. .... A ...

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08/18/2016 03:16 PM

CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust ... - Business Wire (press release)


CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust ...
Business Wire (press release)
Please replace the earlier version of this release due to changes to the fourth paragraph. The corrected release reads: A.M. BEST AFFIRMS RATINGS OF T.

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08/23/2016 11:25 AM

3 types of insurance to consider when traveling abroad - PropertyCasualty360


PropertyCasualty360

3 types of insurance to consider when traveling abroad
PropertyCasualty360
This largely contrasts the 171 deaths and 191 injuries due to terrorism reported nearly a half century ago, creating an ever-present need for international travelers to purchase travel medical insurance with a terrorism benefit before they leave home ...

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