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National Insurance News

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07/28/2016 01:14 PM

Bamboozled: Could your auto insurance policy be a fake? - NJ.com


NJ.com

Bamboozled: Could your auto insurance policy be a fake?
NJ.com
Last month, we took a look at why you should worry if you regularly receive someone else's mail. So when we heard about a car insurance scam linked to mail delivery, we wanted to know more -- even though the scam is thousands of miles away in Scotland.

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07/28/2016 01:19 PM

Michigan auto insurance rates go up in October - WZZM13.com


WZZM13.com

Michigan auto insurance rates go up in October
WZZM13.com
The rate increase only affects customers of Michigan-based auto insurers, such as Auto-Owners, AAA or Frankenmuth Insurance. Michigan-based insurers provide service to one-third of Michigan drivers. The tax credit was never available to out-of-state ...

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07/28/2016 08:27 AM

Insurance Companies Have Joined the Ranks of Shadow Banks ... - Bloomberg


Insurance Companies Have Joined the Ranks of Shadow Banks ...
Bloomberg
When all else fails, lend. That's the strategy of some of the biggest U.S. insurers as they seek higher returns in an investment universe where buying bonds ...

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07/28/2016 07:25 PM

Insurance, distance to care can be barriers to breast reconstruction - EurekAlert (press release)


Insurance, distance to care can be barriers to breast reconstruction
EurekAlert (press release)
CHAPEL HILL - Women were less likely to have breast reconstruction surgery after mastectomy if they had Medicaid or Medicare rather than private insurance or if they lived 10 or more miles from a plastic surgeon's office, a University of North Carolina ...

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07/28/2016 08:03 PM

Retired NBA players laud union's 'awesome' health insurance plan - New York Daily News


New York Daily News

Retired NBA players laud union's 'awesome' health insurance plan
New York Daily News
The NBPA took an unprecedented step this week when the union announced that it will provide health insurance for retired players who spent at least three years in the league. “It's absolutely awesome,” says retired player John Wallace, who played seven ...
NBA players vote unanimously to fund health insurance coverage for retired playersSB Nation
NBA Players To Start Paying For Retired Players' Health InsuranceHuffington Post
NBA Enters Health Insurance In Unprecedented WayForbes
ESPN -NBA.com (blog) -Becker's Hospital Review -NBPA
all 43 news articles »
 

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07/28/2016 01:58 PM

Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby's - Wall Street Journal


Wall Street Journal

Meet Taikang: The Chinese Insurance Giant That Just Bought a Big Chunk of Sotheby's
Wall Street Journal
When Chen Dongsheng attended his first Sotheby's BID 4.99 % auction in the early 1990s, he covertly videotaped it so he could replicate it in China. Now, the Chinese insurance tycoon is going after the original. The $233 million investment by Mr. Chen ...

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07/28/2016 08:05 PM

Oklahoma Insurance Regulators Still Face An Unprecedented Risk - Forbes


Forbes

Oklahoma Insurance Regulators Still Face An Unprecedented Risk
Forbes
Regulators in Oklahoma are working to manage an expanding local insurance market, as the frequency of earthquakes in the state has leaped and created an unprecedented risk in the state. As a result of an astronomical increase in the number of ...

 

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07/28/2016 09:04 AM

Single Mom's Search For Therapist Foiled By Insurance Companies - Kaiser Health News


Kaiser Health News

Single Mom's Search For Therapist Foiled By Insurance Companies
Kaiser Health News
But when she logged onto her insurance website to find a therapist, she realized her copay for a mental health visit was going to be upwards of $75 — more than double her copay for other doctors' appointments. Under a 2008 federal mental health law ...

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07/28/2016 01:11 PM

Head injuries are a 'top emerging' insurance claim, as wrestlers sue WWE - CNBC


CNBC

Head injuries are a 'top emerging' insurance claim, as wrestlers sue WWE
CNBC
The ratings agency said there were similarities between brain-injuries claims and the claims dating back decades made for exposure to asbestos. Insurance companies still pay out around £200 million ($263 million) a year in the U.K. to people who were ...

 

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07/28/2016 04:07 PM

ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services - Insurance Journal


ITC, Compare.com Team Up to Expand Online Auto Insurance Quote Services
Insurance Journal
Compare.com works with more than 90 insurance brands to deliver car insurance quote comparisons to customers and uses ITC's comparative rating services as an option for integration with carriers. Once users are returned their personalized quotes, they ...

 

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International Insurance News

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07/01/2016 05:55 PM

A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000 - Business Wire (press release)


A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000
Business Wire (press release)
LONDON--(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 (United ...

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07/25/2016 07:03 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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07/01/2016 09:49 PM

A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ... - Business Wire (press release)


A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ...
Business Wire (press release)
Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Sirius International Insurance Corporation (publ) (Sirius International) (Sweden) and its subsidiary, Sirius America Insurance Company (Sirius America) (New York, NY).

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07/22/2016 11:05 AM

Why Form A Captive Insurance Company In Barbados? - Mondaq News Alerts (registration)


Why Form A Captive Insurance Company In Barbados?
Mondaq News Alerts (registration)
Apart from Barbados' reputation as one of the premier holiday destinations in the world and its recognition as being among the top developing nations worldwide, the island has developed and enjoys a reputation as one of the world's leading ...

 

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07/27/2016 05:03 PM

Kotoko sign five-year deal with insurance company Hollard Ghana - GhanaWeb


GhanaWeb

Kotoko sign five-year deal with insurance company Hollard Ghana
GhanaWeb
Hollard Ghana combines its deep local knowledge of the market with the world-class expertise of an international insurance brand. [With their headquarters] in South Africa but [their] feet firmly planted on Ghanaian soil, [they] deliver innovative ...

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07/11/2016 01:54 PM

Edelweiss gets nod from IRDA to set up insurance company in India - International Business Times, India Edition


International Business Times, India Edition

Edelweiss gets nod from IRDA to set up insurance company in India
International Business Times, India Edition
Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance company in India with the Insurance Regulatory and Development Authority of India (IRDAI) approving its registration application, as disclosed by Edelweiss ...

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07/28/2016 09:55 PM

Chubb Names Michael Kessler Chief Reinsurance Officer - PR Newswire (press release)


Chubb Names Michael Kessler Chief Reinsurance Officer
PR Newswire (press release)
Since 2008, prior to ACE's January 2016 acquisition of Chubb, he has served as Chief Actuary for the company's international general insurance business. Mr. Kessler ... Chubb is the world's largest publicly traded property and casualty insurance company.

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07/28/2016 06:34 PM

In an Upper West Side Townhouse, a Hidden Tribute to a Famed Russian Artist - Curbed NY


Curbed NY

In an Upper West Side Townhouse, a Hidden Tribute to a Famed Russian Artist
Curbed NY
The museum's collection was acquired piecemeal, with its most recent acquisition—sketches for a frieze that Roerich did on an insurance company building in Moscow—made in summer 2015. Although the hang-it-as-you-go model to acquiring and ... Some ...

 

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07/28/2016 09:48 AM

People News: HIIG, Farmers, Engle Martin - Claims Journal


People News: HIIG, Farmers, Engle Martin
Claims Journal
... Nationwide Mutual Insurance Company. Christ will be tasked with aligning human resources strategy to overall business goals, attracting and retaining talent, developing current and future leaders, and supporting acquisition and international endeavors.

 

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07/27/2016 03:09 PM

Iranian private sector calls for development of international insurance ties - Tehran Times


Tehran Times

Iranian private sector calls for development of international insurance ties
Tehran Times
Underscoring the role of insurance coverage as the developer of business activities, he exemplified the Italian insurance company, SACE, who signed three collaboration agreements with the major Iranian private banks, Bank Pasargad, Bank Parsian and ...

 

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