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National Insurance News

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05/30/2016 10:34 PM

Former Zurich Insurance CEO killed himself, says company - The Guardian


The Guardian

Former Zurich Insurance CEO killed himself, says company
The Guardian
The former chief executive of Zurich Insurance has committed suicide, the company said on Monday, less than three years after the company's chief financial officer also took his own life. The death of Martin Senn, 59, takes the number of suicides by ...
Martin Senn, Former CEO of Zurich Insurance, Commits SuicideBloomberg
A second Zurich Insurance executive has committed suicideCNNMoney
Former Zurich Insurance CEO Martin Senn Commits SuicideWall Street Journal
Fortune -New York Times -BBC News
all 48 news articles »
 

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05/30/2016 02:07 PM

The federal insurance fund protecting millions of pensions is running out of cash - Washington Post


Washington Post

The federal insurance fund protecting millions of pensions is running out of cash
Washington Post
After the Treasury Department rejected its Hail Mary proposal, which would have substantially cut benefits for some retirees, the Central States Pension Fund has little choice but to turn to a federal insurance program that is supposed to offer a ...

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05/31/2016 01:41 AM

RIVERSIDE: Insurance agent pleads guilty to grand theft - Press-Enterprise


RIVERSIDE: Insurance agent pleads guilty to grand theft
Press-Enterprise
A Riverside man has pleaded guilty to multiple counts of grand theft for his role in selling hundreds of thousands of dollars in bogus bonds, state insurance officials said Monday, May 30. John Antonio Ruiz, 49, is accused of selling $334,972 in bogus ...

 

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05/30/2016 01:15 PM

Chinese bidders vie for ING Life in record South Korea insurance M&A: sources - Reuters


Malay Mail Online

Chinese bidders vie for ING Life in record South Korea insurance M&A: sources
Reuters
HK) have expressed initial interest in acquiring ING Life Insurance Korea in a sale that could fetch about $3 billion, two sources with direct knowledge of the deal said on Monday. Chinese interest in South Korea's fifth-largest life insurer ...
Chinese bidders vie for ING Life in record South Korea insurance M&A, say sourcesMalay Mail Online

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05/30/2016 12:02 PM

7 things you never knew car insurance covered - USA TODAY


USA TODAY

7 things you never knew car insurance covered
USA TODAY
When you imagine surprises involving your car insurance, visions of mishandled claims or rate increases may be the first things to spring to mind. But car insurance surprises can be good, too — and none is sweeter than learning you're covered for ...
Rising car insurance rates to hit Mississippi motoristsWDAM-TV

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05/31/2016 01:00 AM

Oklahoma Insurance Exec to Picked to Lead Louisiana Citizens Insurance - Insurance Journal


Oklahoma Insurance Exec to Picked to Lead Louisiana Citizens Insurance
Insurance Journal
A former Oklahoma insurance executive has been chosen to head the Louisiana Citizens Property Insurance Corp., the state's property insurer of last resort. Richard Newberry has been named the new chief executive officer. The Advocate reports state ...

 

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05/30/2016 11:30 PM

FEMA sets summer deadline to answer reopened flood insurance claims - New York's PIX11 / WPIX-TV


New York's PIX11 / WPIX-TV

FEMA sets summer deadline to answer reopened flood insurance claims
New York's PIX11 / WPIX-TV
BRICK TOWNSHIP, N.J. — A deputy FEMA administrator promised to finish processing re-opened flood insurance claims by the end of summer after demands for faster action. Widespread allegations of fraud prompted the agency to review claims a second ...

 

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05/31/2016 01:31 AM

Motorists to protest over insurance hikes - Irish Independent


Irish Independent

Motorists to protest over insurance hikes
Irish Independent
Up to 6,000 drivers from all over the country are expected to converge on Kildare Street in Dublin on Saturday, July 2, to protest over soaring motor insurance premiums. The protest is being co-ordinated by Kian Griffin using the Ireland-Underground ...

 

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05/31/2016 12:10 AM

Nizamabad selected for insurance scheme on pilot basis - The Hindu


Nizamabad selected for insurance scheme on pilot basis
The Hindu
Nizamabad district has been selected on experimental basis for implementation of Unified Package Insurance Scheme (UPIS) as part of Prime Minister Fasal Bheema Yojana (PMFBY) which will come into force from the ensuing kharif. The farmers enrolling ...

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05/30/2016 10:21 PM

Chance of NHL players in Winter Olympics dims over insurance, travel issues - USA TODAY


USA TODAY

Chance of NHL players in Winter Olympics dims over insurance, travel issues
USA TODAY
NHL Commissioner Gary Bettman said the International Olympic Committee and International Ice Hockey Federation have backed away from subsidizing the travel and insurance costs, something they done in past Winter Games. “I am pretty sure our teams ...

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/30/2016 12:12 PM

AIG: Nice Rebound, On To The $60s - Seeking Alpha


Seeking Alpha

AIG: Nice Rebound, On To The $60s
Seeking Alpha
Insurance company American International Group, Inc. (NYSE:AIG) has sold for a steep discount to accounting book value for years, and, in fact, AIG has not managed to trade back up to accounting book value ever since the company regained its freedom ...
Breithorn Capital Management Lowers stake in American International Group Inc (AIG)Market Digest

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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05/30/2016 10:04 AM

Former Zurich Insurance CEO Martin Senn Kills Himself - ABC News


Former Zurich Insurance CEO Martin Senn Kills Himself
ABC News
Switzerland's Zurich Insurance Group says former chief executive Martin Senn, who ran the company for six years until last December, has killed himself. The incident comes three years after the company's then-chief financial officer also killed himself.

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal

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05/31/2016 04:50 AM

Rising car insurance rates to hit Mississippi motorists - WDAM-TV


Rising car insurance rates to hit Mississippi motorists
WDAM-TV
The Mississippi Insurance Department expects a more than 20% hike in insurance coverage because the state leads the nation in payouts in several categories. "There are three buckets of expenses that the insurance company will see. One is the medical ...

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05/30/2016 11:00 AM

Allianz Global Assistance and PassportCard to launch an innovative program designed to revolutionize travel ... - PR Newswire (press release)


Allianz Global Assistance and PassportCard to launch an innovative program designed to revolutionize travel ...
PR Newswire (press release)
Associated travel insurance policies are underwritten by CUMIS General Insurance Company, a member of The Co-operators group of companies. During the limited program launch phase, PassportCard will be offered with select products on a limited basis.

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05/31/2016 04:46 AM

Top Portfolio Products: FPA Launches Reengineered PlannerSearch Platform - ThinkAdvisor


ThinkAdvisor

Top Portfolio Products: FPA Launches Reengineered PlannerSearch Platform
ThinkAdvisor
Alliance Life Insurance Company of North America added a convertible term rider and a multiplier interest bonus to its Allianz Life Pro+ fixed index universal life insurance policy. ... efficiency, sustainable water, sanitation, nutrition, and ...

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05/29/2016 10:11 PM

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered - Forbes


Forbes

Luxury Travel Insurance Just Got Better: Terrorist Threats Now Covered
Forbes
International air ambulance medical evacuations can exceed $100,000, yet travel medical insurance and medical evacuation insurance companies often place low caps on medical transportation or air ambulance expenses. MedjetAssist does not place caps on ...

 

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