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National Insurance News

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05/23/2015 04:16 PM

The Insurance Scam That's Fleecing Low-Income Drivers — And How Police Are ... - The Intercept - First Look Media


The Intercept - First Look Media

The Insurance Scam That's Fleecing Low-Income Drivers — And How Police Are ...
The Intercept - First Look Media
A task force representative told Martin her vehicle was towed after an insurance company reported her fraudulent policy to the Michigan Secretary of State, which checks proof of insurance when it issues license plates. The Secretary of State, in turn ...

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05/25/2015 08:04 AM

Skimpy Insurance Seen by Democrats as Next Health Care Issue - ABC News


Skimpy Insurance Seen by Democrats as Next Health Care Issue
ABC News
There's growing concern that the value of a health insurance card is being eaten away by rising deductibles, the amount of actual medical costs that patients pay each year before coverage kicks in. "I think it's going to be the next big problem," said Rep.

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05/25/2015 05:23 AM

Car insurance rates on the rise in Mass. - Boston Globe (subscription)


Boston Globe (subscription)

Car insurance rates on the rise in Mass.
Boston Globe (subscription)
Car insurance premiums are rising for many Massachusetts drivers as insurers recover losses from a harsh, snowy, and slippery winter, and an improving economy encourages more driving — and more accidents. Insurers are boosting their overall rates by ...

 

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05/25/2015 07:21 AM

Title Insurance Kickbacks - New York Times


Title Insurance Kickbacks
New York Times
The Consumer Financial Protection Bureau and state regulators should aggressively enforce laws against title insurance kickbacks, targeting both those who pay the kickbacks and those who accept them. Steering your client to a high-priced title insurer ...

 

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05/24/2015 08:02 PM

Beware of having too little home insurance - USA TODAY


USA TODAY

Beware of having too little home insurance
USA TODAY
Most homeowners have insurance because their mortgage lenders require them to. But two-thirds of them are under-insured, and more than 60% of renters don't have insurance. Nora Brooks was among the hundreds of New Yorkers who lost everything they ...

 

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05/25/2015 11:10 AM

Obamacare Insurance Premiums to Jump, up to 51% - Breitbart News


Breitbart News

Obamacare Insurance Premiums to Jump, up to 51%
Breitbart News
Major insurers in some states are proposing up to 51 percent premium increases for health plans sold under the Affordable Healthcare and Patient Protection Act, commonly referred to as Obamacare. Despite single digit increases for 2015, insurance ...
Obamacare exchanges help, but confused consumers are still spending too muchYahoo News

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05/25/2015 06:31 AM

EXCLUSIVE: Bill would give homeowners break on insurance for taking disaster ... - New York Daily News


New York Daily News

EXCLUSIVE: Bill would give homeowners break on insurance for taking disaster ...
New York Daily News
ALBANY — A bill making its way through the Legislature would offer insurance discounts to homeowners if they take a natural disaster preparedness course. The idea is modeled after the longstanding program giving drivers who take a state-approved ...

 

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05/25/2015 05:34 AM

House Will Take Up Abortion Insurance Coverage Ban - Texas Tribune


Texas Tribune

House Will Take Up Abortion Insurance Coverage Ban
Texas Tribune
In a dramatic turn of events, the House Calendars Committee on Sunday night reversed course and sent a controversial bill prohibiting health insurance plans sold on the Affordable Care Act's marketplace from covering abortions to the full chamber for a ...

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05/24/2015 09:00 PM

Is your insurance data safe from hackers? - DesMoinesRegister.com


DesMoinesRegister.com

Is your insurance data safe from hackers?
DesMoinesRegister.com
For hackers, the insurance industry is a virtual treasure trove of data. It's one-stop shopping for data thieves, with a smorgasbord of consumer information — medical, financial and personal — all in one place. In recent months a handful of insurance ...

 

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05/24/2015 12:02 PM

High deductible makes quake insurance unappealing to some - Los Angeles Times


High deductible makes quake insurance unappealing to some
Los Angeles Times
Question: I'm president of a 44-unit homeowner association in the Torrance area. Every year we purchase earthquake insurance, which carries a 20% deductible and a premium for each owner of about $350 a year on a $12-million policy for the association.

 

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International Insurance News

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05/15/2015 06:41 PM

AM Best Affirms Ratings of Markel International Insurance Company Limited and ... - MarketWatch


AM Best Affirms Ratings of Markel International Insurance Company Limited and ...
MarketWatch
LONDON, May 15, 2015 (BUSINESS WIRE) -- A.M. Best has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of Markel International Insurance Company Limited (MIICL) (United Kingdom) and Lloyd's Syndicate 3000 ...
AM Best Upgrades Ratings of FirstComp Insurance Company, Affirms Markel ...Yahoo Finance UK

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05/18/2015 02:32 PM

International: Taiwan-Based Life-Insurance Company Grabs London Walbrook ... - Commercial Property Executive


Commercial Property Executive

International: Taiwan-Based Life-Insurance Company Grabs London Walbrook ...
Commercial Property Executive
International: Taiwan-Based Life-Insurance Company Grabs London Walbrook Building. By Balazs Szekely, Associate Editor ???????????????? A high-quality office headquarters building in central London changed hands, as announced by Minerva Ltd.

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05/17/2015 03:22 PM

NAICOM dissolves Board of International Energy Insurance - News24 Nigeria


News24 Nigeria

NAICOM dissolves Board of International Energy Insurance
News24 Nigeria
Abuja - The National Insurance Commission has dissolved the Board of the International Energy Insurance (IEI) following allegations against some directors of the company. This is contained in a statement issued by Rassaq Salami, Head Corporate Affairs ...

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04/27/2015 10:19 AM

Farm Bureau Insurance of Tennessee selects Sapiens ALIS in the cloud to ... - Virtual Press Office (press release)


Farm Bureau Insurance of Tennessee selects Sapiens ALIS in the cloud to ...
Virtual Press Office (press release)
... leading global provider of software solutions for the insurance and retirement industry, with an emerging focus on the broader financial services sector, announced today that Tennessee Farmers Life Insurance Company (TFLIC) has selected Sapiens ...
Tennessee Farmers Life Insurance Company Selects Sapiens ALIS for Its Next ...Virtual-Strategy Magazine (press release)

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05/25/2015 09:03 AM

Shares of American International Group, Inc. (NYSE:AIG) Sees Large Outflow of ... - Money Flow Index


Shares of American International Group, Inc. (NYSE:AIG) Sees Large Outflow of ...
Money Flow Index
American International Group, Inc. (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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05/04/2015 07:59 AM

Oman Insurance Company Signs a Corporate Pension Plan with Aircrew ... - Zawya (registration)


Oman Insurance Company Signs a Corporate Pension Plan with Aircrew ...
Zawya (registration)
Aircrew Protection International was started in 2005 as a non-profit mutual-benefit plan specifically for Dubai-based airline pilots to provide a loss of medical license protection plan. Aircrew Protection International provides financial support to 9 ...

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05/22/2015 02:54 PM

American International Group Given Average Recommendation of "Buy" by ... - Dakota Financial News


American International Group Given Average Recommendation of "Buy" by ...
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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05/20/2015 01:37 PM

American International Group PT Raised to $65.00 at Bank of America (AIG) - WKRB News


American International Group PT Raised to $65.00 at Bank of America (AIG)
WKRB 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 ...
Stock Insights on American International Group Inc (NYSE:AIG)Investor Newswire

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05/25/2015 09:24 AM

Fubon Life buys Madame Tussauds site - Independent Online


Independent Online

Fubon Life buys Madame Tussauds site
Independent Online
Taipei - Fubon Life Insurance Company agreed to buy the London site of the Madame Tussauds waxworks museum for 348.8 million pounds ($540 million) as the Taiwanese insurer seeks higher returns overseas. The property on Marylebone Road near ...

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05/24/2015 11:06 AM

Insurance industry welcomes US regulatory reform efforts - Business Insurance


Business Insurance

Insurance industry welcomes US regulatory reform efforts
Business Insurance
The third section, International Insurance Capital Standards Accountability, says the Fed, the Federal Insurance Office and state insurance regulators should develop consensus positions in international discussions on insurer capital standards and ...

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