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National Insurance News

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11/26/2014 06:57 PM

Politics|In First Week, More Than a Million Apply for Health Insurance on ... - New York Times


New York Times

Politics|In First Week, More Than a Million Apply for Health Insurance on ...
New York Times
WASHINGTON — Obama administration officials said Wednesday that more than one million people had submitted applications for health insurance in the first week of this fall's open enrollment period under the Affordable Care Act, and 45 percent of them ...
Free Asheville classes explain insurance marketplaceAsheville Citizen-Times
A half-million people sign up for insurance during HealthCare.gov's first weekWashington Post
Why Can't You Have Health Insurance That Travels From Job To Job? Answer ...Forbes
U.S. News & World Report
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11/26/2014 11:31 AM

Riot damage to Ferguson businesses could be covered with insurance - Chicago Tribune


Riot damage to Ferguson businesses could be covered with insurance
Chicago Tribune
But "it's a good idea to explicitly ask your insurance agent whether that coverage is included," he said. Business owners policies can include many different types of coverage, and policies can differ depending on the size of the business, location ...

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11/26/2014 04:02 PM

Phila. taxis carry less insurance coverage than those in other cities - Philly.com


Philly.com

Phila. taxis carry less insurance coverage than those in other cities
Philly.com
Philadelphia taxis carry much less insurance coverage than cabs in many other cities, providing less protection for passengers, pedestrians, or other motorists in case of accidents. The minimum insurance requirement for taxis in Philadelphia and the ...

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11/26/2014 05:04 PM

Woman Locked In Fight With Insurance Co. Over Cancer Treatment - CBS Local


Woman Locked In Fight With Insurance Co. Over Cancer Treatment
CBS Local
MIAMI (CBSMiami) – A South Florida woman with cancer is not only fighting for her life, she's fighting with her insurance company over drugs which could save her life. It seems the company has refused to pay for a specific pill that would treat her ...

 

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11/26/2014 10:11 AM

UK plans to make insurance executives more accountable - Reuters


Telegraph.co.uk

UK plans to make insurance executives more accountable
Reuters
LONDON, Nov 26 (Reuters) - Chief executives and other senior officials at insurance companies in Britain will be made more directly accountable to regulators for their decisions under plans announced by the Bank of England on Wednesday. The plans ...
Insurance executives to take the blame for failure under new rulesTelegraph.co.uk

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11/25/2014 01:38 PM

What's The Difference Between My Health Insurance Deductible And Out-Of ... - Forbes


What's The Difference Between My Health Insurance Deductible And Out-Of ...
Forbes
Question: I'm shopping for new health insurance and confused by all of the options, specifically the difference between deductibles and out-of-pocket maximums. I'm generally healthy, in my mid-thirties and don't spend too much on medical care each year.

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11/26/2014 03:23 PM

Fed Poised to Tailor Rules for Insurance Firms - Wall Street Journal


Fed Poised to Tailor Rules for Insurance Firms
Wall Street Journal
House Republicans have previously offered the insurance industry assurances if the Senate doesn't act, the House will act on the Senate's version on the bill, according to lobbyists and others familiar with the matter. But President Barack Obama 's ...

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11/26/2014 09:04 AM

The Buzz About Legal Marijuana and Insurance - Fox Business


Fox Business

The Buzz About Legal Marijuana and Insurance
Fox Business
Wells researched the legal precedents of pot-related insurance claims in her 2014 paper, "Marijuana Legalization: Implications for Property/Casualty Insurance." She found that, perhaps surprisingly, standard home and personal auto policies contained no ...

 

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11/26/2014 10:18 AM

Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers - Insurance Journal


Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers
Insurance Journal
Seeking guidance from three teams of risk and data assessment experts, Insurance Journal sought to offer a little risk-based logic to brighten the hopes of some, and ease the suffering of others. If you're easily upset, these outlooks should be taken ...

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11/24/2014 04:52 PM

Connecticut police hunt killer of mom, insurance exec stabbed near jogging trail - Fox News


Fox News

Connecticut police hunt killer of mom, insurance exec stabbed near jogging trail
Fox News
Authorities are hunting for the killer of a Connecticut mother and senior insurance executive who was stabbed to death while jogging, as mourners held a vigil Sunday to grieve the loss of their friend and co-worker. Melissa Millan, a 54-year-old ...

 

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International Insurance News

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11/06/2014 01:43 PM

AM Best Removes Ratings of International Fidelity Insurance Company and Its ... - Business Wire (press release)


AM Best Removes Ratings of International Fidelity Insurance Company and Its ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of International Fidelity Insurance Company (IFIC ...

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11/26/2014 08:06 AM

Top 5 tips for buying travel insurance - Toronto Sun


Toronto Sun

Top 5 tips for buying travel insurance
Toronto Sun
She thought she had the proper travel insurance before leaving Canada, but, when she delivered her baby premature and spent weeks in a U.S. hospital, Huculak-Kimmel was shocked to learn her insurance company, Blue Cross, wouldn't be helping her out ...

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11/20/2014 01:41 PM

International Insurance Regulation - Insurance News Net


International Insurance Regulation
Insurance News Net
It is important to note that any standards adopted by the IAIS are not binding on the Federal Reserve, the FIO, state insurance regulators, or any U.S. insurance company. During the development of global standards for insurance firms by the IAIS, the ...

 

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11/09/2014 11:25 AM

International insurance companies to enter Myanmar insurance market - The Nation


International insurance companies to enter Myanmar insurance market
The Nation
"AIA Insurance Company expects to work for long in Myanmar. AIA intends to enter the life and health insurance markets. Life insurance market is one with huge potential. As only a representative office is allowed to be opened right now, we are ready to ...

 

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11/26/2014 12:31 PM

AM Best Affirms Ratings of Zurich Insurance Company Limited - MarketWatch


AM Best Affirms Ratings of Zurich Insurance Company Limited
MarketWatch
The ratings of ZIC, which are based on the analysis of the consolidated Zurich group, reflect Zurich's strong consolidated risk-adjusted capitalisation, solid operating performance and excellent competitive profile as a global multi-line insurer ...

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11/26/2014 02:52 PM

Insurance company VP joins B&G Club board - Thousand Oaks Acorn


Insurance company VP joins B&G Club board
Thousand Oaks Acorn
Milaney Timothy Milaney has joined the board of governors of the Boys & Girls Clubs of Greater Conejo Valley. He is the senior vice president of HUB International, formerly Peterson, Milaney Insurance Associates, which was acquired by HUB International ...

 

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11/24/2014 11:44 AM

FIO Concerned Over 'One-Size-Fits-All' Regulation For Global Insurers - Insurance News Net


FIO Concerned Over 'One-Size-Fits-All' Regulation For Global Insurers
Insurance News Net
WASHINGTON – The director of the Federal Insurance Office (FIO) told Congress that the International Association of Insurance Supervisors (IAIS) is not trying to “shut out” state insurance regulators from its consultative process, but is instead trying ...

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11/25/2014 09:19 AM

Global insurance rates lower in Q3, new business pricing suggests competitive ... - Canadian Underwriter


Canadian Underwriter

Global insurance rates lower in Q3, new business pricing suggests competitive ...
Canadian Underwriter
The third quarter of 2014 continued a trend for global insurance rates in some respects – marking the sixth consecutive quarter of decreases – but was different in that the slide in rates has accelerated from the beginning of the year, notes a new ...

 

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11/21/2014 08:15 PM

KPMG International | IRS Chief Counsel - Interest paid by insurance company on ... - Linex Legal (press release) (registration)


KPMG International | IRS Chief Counsel - Interest paid by insurance company on ...
Linex Legal (press release) (registration)
TaxNewsFlash - United States-IRS Chief Counsel - Interest paid by insurance company on funding agreements is “policy interest” under section 812(b)(2) November 21: The IRS today publicly released a redacted field advice memorandum* that concludes ...

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11/08/2014 05:53 AM

Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ... - Seeking Alpha (registration)


Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ...
Seeking Alpha (registration)
Creating a balanced portfolio of local and international assets is good for portfolio diversification, and there are some interesting and high-yielding opportunities in the European Union for investors seeking foreign exposure to solid income-producing ...

 

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