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National Insurance News

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05/05/2016 09:30 AM

Why Cleveland and Philly might want "riot insurance" - CBS News


CBS News

Why Cleveland and Philly might want "riot insurance"
CBS News
With political conventions shaping up to be more and more like heavyweight wrestling matches, Cleveland has made what may be a smart decision, but undoubtedly an expensive one. The city's Board of Control, which answers to its mayor, voted ...

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05/05/2016 11:44 PM

How to save Alaska's failing health insurance market - Alaska Dispatch News


Alaska Dispatch News

How to save Alaska's failing health insurance market
Alaska Dispatch News
More than 1,300 Alaskans fighting for their health have bought insurance while dealing with sickle cell anemia, quadriplegic cerebral palsy, hemophilia, kidney failure, amputation, multiple sclerosis, brain cancer, paralysis, AIDS, lung cancer ...

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05/05/2016 07:43 PM

Protect your retirement savings with insurance products - New York Daily News


New York Daily News

Protect your retirement savings with insurance products
New York Daily News
People have homeowners insurance to protect against fires and floods. They buy insurance to replace their car if it gets wrecked and they buy health insurance to protect themselves from medical costs. But for many people, their biggest material asset ...

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05/05/2016 08:50 PM

Oil spikes, insurance brace for claims Fort McMurray fire claims - Toronto Star


Toronto Star

Oil spikes, insurance brace for claims Fort McMurray fire claims
Toronto Star
The insurance industry is also bracing for a rash of claims that could easily eclipse the industry's previous record loss due to fire. The North American benchmark price for crude oil shot up by 2.2 per cent to $44.74 U.S. a barrel as the fires ...
Insurance losses from Fort McMurray fire could top $9 billion, analyst saysEdmonton Journal
Are Fort McMurray homes insured for fire?MoneySense
Fort McMurray fire could cost insurers $9B, BMO predictsCBC.ca
Financial Post
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05/05/2016 12:41 PM

Cyber insurance can be your worst nightmare, best friend - Network World


Network World

Cyber insurance can be your worst nightmare, best friend
Network World
LAS VEGAS -- Cyber insurance can pay out millions of dollars to cover the cost of data breach liability, but buying the policies can be a nightmare for info security pros, and premiums for similar coverage can vary wildly, an Interop audience was told.
Expert: Cyber insurance will generate $5B in premiums by 2020CIO Dive
The $2.5 cyber insurance market could be nearly 4 times bigger by 2020Insurance Business America

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05/06/2016 12:21 AM

OK Lawmakers Pass Bill Requiring Insurance Companies Pay For Autism Therapy - News On 6


News On 6

OK Lawmakers Pass Bill Requiring Insurance Companies Pay For Autism Therapy
News On 6
Families with children on the Autism spectrum are savoring a victory thanks to a bill passed by the Oklahoma Legislature. One family has been working for the last year to get the bill passed, and now that it is, insurance must now pay for their ...

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05/05/2016 06:56 PM

Insurance groups opposed to DOL fiduciary rule step up campaign spending - InvestmentNews


InvestmentNews

Insurance groups opposed to DOL fiduciary rule step up campaign spending
InvestmentNews
Two insurance industry trade associations that oppose the Labor Departments' recently finalized investment advice rule have stepped up their political spending. The American Council of Life Insurers has donated $734,000 to members of Congress to help ...

 

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05/05/2016 03:40 PM

Customer fuming over 'bait-and-switch' travel insurance - Chicago Tribune


Chicago Tribune

Customer fuming over 'bait-and-switch' travel insurance
Chicago Tribune
I know you have written about insurance for travel in the past, but I wanted to bring a matter to your attention. The United Airlines website offers Allianz travel insurance, but when it came to covering my expenses, I felt it was a "bait-and-switch ...

 

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05/05/2016 11:06 PM

Pet Insurance: Is it worth the cost? - Part 2 - WNDU-TV


WNDU-TV

Pet Insurance: Is it worth the cost? - Part 2
WNDU-TV
Only 1 percent of pet owners have pet insurance. John and Lenore had it for their previous dog. So did it pay off? John says, "It probably did because, now that I think of it and recall, it did cover a lot of the vet visits and so on. It covered ...

 

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05/05/2016 02:45 PM

Is There Enough Insurance For Mom? - CBS Local


CBS Local

Is There Enough Insurance For Mom?
CBS Local
Homeowners Insurance: If mom owns her home make sure she has a homeowner's policy. No one requires you to have insurance coverage if you no longer have a mortgage. If she is renting be sure she has a renter's policy. When you and mom did her net ...

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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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04/25/2016 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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05/05/2016 09:17 AM

American International Group: 4 Positive Takeaways From The Earnings Release - Seeking Alpha


Seeking Alpha

American International Group: 4 Positive Takeaways From The Earnings Release
Seeking Alpha
Are things finally getting better for insurance company American International Group, Inc. (NYSE:AIG)? I was looking forward to the company's Q1-16 earnings release to see if American International Group managed to turn things around in the last quarter.
American International Group Inc (AIG) is Resumed by Morgan Stanley to Equal-WeightMarket Digest

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05/05/2016 05:34 PM

More than 80000 flee as Canadian fire grows; even evacuation centers are evacuated - Los Angeles Times


Los Angeles Times

More than 80000 flee as Canadian fire grows; even evacuation centers are evacuated
Los Angeles Times
The evacuation, in turn, had quickly become a temporary resettlement, with little places such as Wandering River and much larger ones such as Edmonton, farther south, trying to respond to the vast needs of the diverse and international population drawn ...

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05/05/2016 01:35 PM

Berkshire Hathaway Specialty Insurance Appoints Bryan Betts to Lead Customer & Broker Engagement, Central U.S. ... - Business Wire (press release)


Berkshire Hathaway Specialty Insurance Appoints Bryan Betts to Lead Customer & Broker Engagement, Central U.S. ...
Business Wire (press release)
Bryan comes to BHSI from Zurich Insurance Company, Ltd, where he was International Sales & Distribution Manager, Executive Staff, in Zurich, Switzerland. Immediately prior, Bryan was Senior Vice President, Global Relationship Leader, at Zurich in Atlanta.

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05/05/2016 07:56 PM

'Quota refugees' from Syria adjust to life in Germany - Deutsche Welle


Deutsche Welle

'Quota refugees' from Syria adjust to life in Germany
Deutsche Welle
"I had a good job with a big insurance company, but my parents and my disabled brother wouldn't have been able to live in Beirut," she said. So she registered with the ... She has also set her sights on a degree in international law. After two years in ...

 

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05/05/2016 08:17 PM

Pre-Market Earnings Report for May 6, 2016 : CTSH, CI, EXC, WY, - Nasdaq


Pre-Market Earnings Report for May 6, 2016 : CTSH, CI, EXC, WY,
Nasdaq
The insurance company's consensus earnings per share forecast from the 10 analysts that follow the stock is $2.17. This value ... The international company's consensus earnings per share forecast from the 1 analyst that follows the stock is $0.13. This ...

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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 ...
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.
Analysts See Rise of American International Group Inc (AIG) Earnings Per ShareFranklin Independent
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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