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National Insurance News

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09/01/2016 12:54 AM

Retirees, School Board discuss insurance benefits - wreg.com


wreg.com

Retirees, School Board discuss insurance benefits
wreg.com
Ultimately, the board shot down Superintendent Dorsey Hopson's proposal that would have increased retirees contributions to their life insurance. Many were upset because Hopson approached the board about the changes the night before they were set to ...
SCS Ponders How to Pay For Retirees' InsuranceMemphis Daily News

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08/31/2016 06:41 PM

Rare life insurance open season for federal employees beginning - Washington Post


Washington Post

Rare life insurance open season for federal employees beginning
Washington Post
Federal employees will have a rare opportunity starting Thursday to join or to increase existing coverage in the government-sponsored life insurance program without restrictions. The open season in the Federal Employees' Group Life Insurance program, ...

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08/31/2016 02:01 PM

Is Your Homeowners Insurance A Disaster Waiting To Happen? - Forbes


Forbes

Is Your Homeowners Insurance A Disaster Waiting To Happen?
Forbes
Although I have been through numerous hurricanes in my lifetime, I recently experienced my first tornado – up close and personal. Afternoon thunderstorms during the summer where I live in Florida are as common as…well, summer afternoon thunderstorms ...

 

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09/01/2016 04:02 AM

Chinese visitors to Hong Kong scoop up insurance products in Q2 - Reuters


South China Morning Post

Chinese visitors to Hong Kong scoop up insurance products in Q2
Reuters
New insurance premiums from mainland visitors for the first half amounted to HK$30.1 billion, accounting for 36.9 percent of the total new premiums for individual business, according to the Office of the Commissioner of Insurance. That was almost the ...
Chinese Purchases of Hong Kong Insurance Surge to RecordBloomberg
EconomyCapital flight: Chinese buyers flock to HK insurance policiesFinancial Times

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09/01/2016 01:13 AM

Four things to know about health insurance premiums expected Thursday - TwinCities.com-Pioneer Press


Twin Cities Business Magazine

Four things to know about health insurance premiums expected Thursday
TwinCities.com-Pioneer Press
Minnesota's insurance companies will unveil their proposed 2017 rates Thursday — and Minnesotans should expect some sticker shock. The new rates for the state's individual insurance marketplace are expected to see increases of at least 25 percent and ...
How Has Minnesota's Health Insurance Exchange Performed?Twin Cities Business Magazine

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08/31/2016 04:36 PM

Iowa in Middle of Debate Over 'Shadow Insurance' Deals - Insurance Journal


DesMoinesRegister.com

Iowa in Middle of Debate Over 'Shadow Insurance' Deals
Insurance Journal
For cash-strapped life insurance companies, the deal sounds almost too good to be true: A state law allows them to create complex financial instruments to transfer liabilities to new subsidiaries, instantly wiping huge debts off their books. So-called ...
Insurance rate hikes approved for thousands of IowansDesMoinesRegister.com
Iowa at center of debate over 'shadow insurance' deals | News ...Clinton Herald
Obamacare needs a lot of work, Iowa insurance commissioner saysCNBC
KIWARadio.com -KSFY
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09/01/2016 04:36 AM

Renters' Insurance and Millennials: If You Make it Simple, They Will Come - Insurance Journal


Renters' Insurance and Millennials: If You Make it Simple, They Will Come
Insurance Journal
There's a new website aimed at changing the way millennials deal with buying insurance – but it's focused on a widely under-served segment of the insurance market – renters' insurance. Launched by two young insurance agents Tom Austin and Zachary ...

 

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08/31/2016 04:18 PM

Amtrak gets partial victory in US appeal over Sandy insurance - Reuters


Reuters

Amtrak gets partial victory in US appeal over Sandy insurance
Reuters
In this picture taken October 29, 2012 storm surge pushed up by Superstorm Sandy floods homes in Hampton Bays, New York. The historic superstorm killed at least 159 people and damaged more than 650,000 homes when it made landfall on October 29, ...

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08/31/2016 09:37 PM

Supreme Court kills minimum wage, police liability insurance ballot questions - City Pages


City Pages

Supreme Court kills minimum wage, police liability insurance ballot questions
City Pages
The Committee for Professional Policing, an anti-police brutality group, received 15,000 signatures for its proposal that would force Minneapolis police officers to carry their own professional liability insurance. Under the referendum, the city would ...
Court: $15 minimum wage, insurance for cops won't appear on Minneapolis ballotMinnesota Public Radio News
Minimum wage, police insurance won't be on Minneapolis ballotKMSP-TV
Minnesota Supreme Court blocks $15 minimum wage, police insurance from Minneapolis' ballotMinneapolis Star Tribune
Rick Kupchella's BringMeTheNews -Post-Bulletin
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08/31/2016 02:18 PM

Tesla Motors plans to get into the insurance business - Silicon ... - Silicon Valley Business Journal


Silicon Valley Business Journal

 

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International Insurance News

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08/25/2016 03:23 PM

A.M. Best Affirms Ratings of Jordan International Insurance Company - Business Wire (press release)


A.M. Best Affirms Ratings of Jordan International Insurance Company
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Jordan International Insurance Company (JIIC) (Jordan). The outlook for each rating remains stable. The ratings reflect ...

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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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09/01/2016 04:21 AM

AIG Completes Sale of AIG Taiwan Insurance Company to Nan Shan Life Insurance Co.; Opens New Taiwan Branch ... - Yahoo Finance


AIG Completes Sale of AIG Taiwan Insurance Company to Nan Shan Life Insurance Co.; Opens New Taiwan Branch ...
Yahoo Finance
1, 2016 /PRNewswire/ -- American International Group, Inc. (AIG) and Nan Shan Life Insurance Co., Ltd. (Nan Shan) today successfully completed the sale of AIG Taiwan Insurance Co. Ltd's consumer and small to mid-sized (SME) enterprise business.

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08/31/2016 02:46 PM

16 Insurance Stocks to Buy Now - Investorplace.com


16 Insurance Stocks to Buy Now
Investorplace.com
This week, Assurant, Inc.'s (AIZ) ratings are up from a C last week to a B. Assurant, Inc. is a provider of specialized insurance products and services in North America and international markets. The company also gets A's in operating margin growth ...

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08/31/2016 03:54 PM

Jumpstarting Africa's insurance through talent and regulation - The Africa Report


Jumpstarting Africa's insurance through talent and regulation
The Africa Report
Although this type of intervention through regulation can be an important means to boost the growth of the insurance sector in Africa, "[CIMA's] move is causing some tension among a few international players, who do not have a flag on the ground," said ...

 

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08/31/2016 06:12 PM

Mexican National Team to Battle Panama at Home of Chicago Fire - Chicago Fire


Mexican National Team to Battle Panama at Home of Chicago Fire
Chicago Fire
The two teams last met on October 13, 2015, in Toluca's Estadio Nemesio Diez, with the home side winning 1-0 in an international exhibition. To get ready for ... hats, and more. The Tour, sponsored by adidas, Allstate Insurance Company, AT&T, Bud Light ...

 

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09/01/2016 01:21 AM

PE funds pick minority stake in Star Health - Times of India


Livemint

PE funds pick minority stake in Star Health
Times of India
"Star Health is India's first and leading stand-alone health insurance company in a country where less than 3% of the population have purchased individual and family health insurance," said Matteo Stefanel, co-founder and managing partner, Apis ...
Star Health Insurance raises Rs 320-cr investmentsBusiness Standard

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08/31/2016 06:51 PM

Florida insurers say they're ready as Hermine nears - Florida Politics (blog)


Florida Politics (blog)

Florida insurers say they're ready as Hermine nears
Florida Politics (blog)
It's important to make sure you have your agent or insurance company's contact information readily available,” she said. Take a home ... Previously, he reported on politics and the courts in Tallahassee for United Press International. He is a graduate ...

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09/01/2016 12:06 AM

Fitch Assigns IFS Rating of 'B' to Nacion Seguros de Retiro - Reuters


Fitch Assigns IFS Rating of 'B' to Nacion Seguros de Retiro
Reuters
This view is a result of the insurance company's strategic importance to the banking group, high level of management and operational integration, and strong synergies with its parent. It also reflects that any required support would be immaterial to ...

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09/01/2016 05:15 AM

Commentary: It is a Catastrophe that No One Listens to the Experts on Florida - Insurance Journal


Commentary: It is a Catastrophe that No One Listens to the Experts on Florida
Insurance Journal
OIR runs exposure data through the independent Florida model developed by Florida International University. The reinsurance data call tests whether an insurance company can withstand a 1-in-100 year storm, for example, and the stress test determines ...

 

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