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National Insurance News

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06/27/2016 12:15 PM

Even With Private Insurance, Out-of-Pocket Costs for Hospital Visits Shot Up 37% - Bloomberg


Bloomberg

Even With Private Insurance, Out-of-Pocket Costs for Hospital Visits Shot Up 37%
Bloomberg
They include co-payments (a per-visit fee)​,​ deductibles (the amount that must be paid before insurance coverage kicks in), and co-insurance (the percentage of the hospital's charge people must pay​ even after insurance kicks in). A separate, 2013 ...
Even 'good' insurance comes with hidden hospital billsUPI.com
Americans With Employer Health Insurance Are Spending a Lot More on Hospital VisitsFortune
Hospitalized Americans with insurance are paying more and more of their own health care costsTyler Morning Telegraph

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06/27/2016 03:11 PM

Heading to the hospital? Even with insurance, it may cost $1000 or more, study finds - Science Daily


Heading to the hospital? Even with insurance, it may cost $1000 or more, study finds
Science Daily
Co-payments, which are different from co-insurance and are a kind of 'entry fee' to a hospitalization, actually fell during this time. But this was due to the fact that fewer insurance plans charged a co-pay for a hospital stay in 2013 than had charged ...

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06/27/2016 03:13 PM

Millennials can't afford health insurance, adopt risky alternatives - CNBC (subscription)


CNBC (subscription)

Millennials can't afford health insurance, adopt risky alternatives
CNBC (subscription)
Even as the percentage of millennials without health insurance drops, 16 percent of young adults do not plan on having insurance in 2017, according to the survey. That includes 47 percent of those who are already uninsured. The most common reason: lack ...

 

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06/27/2016 05:24 PM

Can You Afford To Skip Renters Insurance? - Forbes


Forbes

Can You Afford To Skip Renters Insurance?
Forbes
Whether they're in Philadelphia, PA or Houston, TX, the first thing people think about when they rent a new place is getting renters insurance to protect their belongings, right? No, not really. Almost all homeowners have homeowners insurance — 95% of ...
Do I need tenant insurance? Everything you ever wondered about insuring your rentalYahoo Canada Finance - Insight (blog)

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06/27/2016 09:24 AM

China's biggest online marketplace is selling 'breakup insurance' for Taylor Swift's love life - Mashable


Mashable

China's biggest online marketplace is selling 'breakup insurance' for Taylor Swift's love life
Mashable
When it comes to Tay-Tay's love life, one day you're in and the next you're out, so you can never be too sure. Cashing in on Taylor Swift's latest unconfirmed relationship with actor Tom Hiddleston are several Taobao retailers who have started to sell ...
You Can Now Buy 'Breakup Insurance' for Taylor Swift's RelationshipsNew York Magazine
A Website Was Selling “Breakup Insurance” For Taylor Swift's Love LifeTeenVogue.com

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06/27/2016 03:42 AM

Reward offered to help catch robbers who shot insurance agent - WSB Atlanta


WSB Atlanta

Reward offered to help catch robbers who shot insurance agent
WSB Atlanta
Insurance agent Emmanuel Turkson is offering a reward for information about the person who shot him during an attempted armed robbery at his office in March. Turkson and Fulton County police say there were three other witnesses, two clients who were ...

 

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06/27/2016 05:55 PM

Report: Low income drivers pay 59 percent more for car insurance - Minneapolis Star Tribune


Report: Low income drivers pay 59 percent more for car insurance
Minneapolis Star Tribune
Generally, insurance companies aren't supposed to use a motorists' income in setting car insurance rates, said Doug Heller, insurance consultant at the Washington-based Consumer Federation of America. They get around that by using other nondriving ...

 

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06/27/2016 04:08 PM

North Dakota Insurance Department fines Sanford over ads - News & Observer


North Dakota Insurance Department fines Sanford over ads
News & Observer
North Dakota Insurance Commissioner Adam Hamm on Monday fined Sanford Health Plan $22,000 for not properly filing advertisements for Medicare supplement insurance. Dakotas-based Sanford over a five-year period beginning in 2010 failed to file 14 ...

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06/27/2016 12:54 PM

A push to make cops buy liability insurance in Minneapolis - Chicago Reporter


Chicago Reporter

A push to make cops buy liability insurance in Minneapolis
Chicago Reporter
Then six years ago she got a different idea: professional liability insurance. Doctors and lawyers carry malpractice insurance. Why not require police officers to purchase coverage and make them, not just the city, pick up the tab in misconduct ...

 

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06/27/2016 05:23 PM

XL Hires AIG's Benjamin to Run New Global M&A Insurance Business - Bloomberg


Bloomberg

XL Hires AIG's Benjamin to Run New Global M&A Insurance Business
Bloomberg
“The transactional insurance market continues to experience rapid growth,” Kumpf said in the statement. “Brian has played an important role in the M&A insurance market, having developed AIG's underwriting model and spearheading the launch of their ...
XL Catlin Adds Brian Benjamin to Launch Global M&A Insurance BusinessPR Newswire (press release)
XL Catlin Launches Global M&A Insurance BusinessInsurance Networking News

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International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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06/27/2016 04:28 PM

American International Group: Hooray, Only 62 Cents On The Dollar - Seeking Alpha


Seeking Alpha

American International Group: Hooray, Only 62 Cents On The Dollar
Seeking Alpha
Another favorite of mine is insurance company American International Group, Inc. (NYSE:AIG) which I singled out just two days before the referendum was held in Britain last week. The article was titled "AIG: A Brexit Play?", and lays out the rational ...
Shares of American International Group (NYSE:AIG) Sees Large Inflow of Net Money FlowTrade Calls

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06/14/2016 11:59 PM

Canton insurance company appoints new officer - Wicked Local Canton


Canton insurance company appoints new officer
Wicked Local Canton
Canton-based Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer ...

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06/27/2016 04:26 PM

Confessions of a Steroid Pioneer - Bleacher Report


Bleacher Report

Confessions of a Steroid Pioneer
Bleacher Report
BEVERLY HILLS, Calif. — "This is going to be awesome, bro," the man with no front teeth—upper or lower—tells me. Steak, medium-rare, sizzles on the platter. Sauteed mushrooms beckon from their bowl. Loaded baked potatoes are floating nearby like a ...

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06/27/2016 03:47 PM

Intrepidus: New Local Insurance Broker Launches - Bernews


Bernews

Intrepidus: New Local Insurance Broker Launches
Bernews
In the event a customer needs to file a claim, the insurance broker will guide them through the process, helping them to achieve a timely and fair settlement with their insurance company. If a dispute arises, the broker serves as an advocate to ...

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06/27/2016 08:57 AM

Waldorf Astoria To Close For Condo Rebuild In 2017: Reports - International Business Times


International Business Times

Waldorf Astoria To Close For Condo Rebuild In 2017: Reports
International Business Times
The Chinese insurance company's restoration plan calls for the closing down of the 1,413-room property in the spring for up to three years, the Wall Street Journal reported, citing people familiar with the matter. As many as 1,100 hotel rooms are set ...

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06/09/2016 01:18 PM

Boston Mutual Life Insurance Company appoints new officer - Wicked Local Canton


Boston Mutual Life Insurance Company appoints new officer
Wicked Local Canton
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer. ... Prior to ...

 

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06/23/2016 12:15 PM

China's Fosun International Pursues US IPO of Insurer Ironshore - Wall Street Journal


Wall Street Journal

China's Fosun International Pursues US IPO of Insurer Ironshore
Wall Street Journal
Fosun International Ltd. 0656 0.10 % said Thursday it had submitted an application with the Hong Kong stock exchange seeking approval for a spinoff and separate listing of the insurance company on either the New York Stock Exchange or Nasdaq.

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06/01/2016 08:00 AM

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics - International Business Times


International Business Times

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics
International Business Times
That age-old question is no abstraction when it comes to your healthcare premiums, as Cigna and Anthem Blue Cross Blue Shield are pushing to merge into the largest health insurance company in America. With consumer groups, physicians and hospital ...

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06/27/2016 05:32 PM

$2 Million to Be Distributed to Three Major Causes from Jewelers Mutual Insurance Company - Business Wire (press release)


$2 Million to Be Distributed to Three Major Causes from Jewelers Mutual Insurance Company
Business Wire (press release)
BUSINESS WIRE)--Jewelers Mutual Insurance Company wants consumers to help decide how to spend a record-breaking $2 million it will donate to three important causes this summer: health, home and hunger. As part of its “Band Together” campaign, ...

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