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National Insurance News

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03/31/2015 11:33 AM

Jewelry Expert Testifies in $20M Insurance Fraud-Fires Case - ABC News


ABC News

Jewelry Expert Testifies in $20M Insurance Fraud-Fires Case
ABC News
A local GOP fundraiser charged in a $20 million insurance scheme after three mansion fires in five years cursed and discussed the Mafia while meeting with a jewelry appraiser about her claims, the appraiser testified Tuesday. Claire Risoldi's "salty ...
Jewelry expert testifies in hearing for Risoldis in $20M insurance fraud-fires ...Allentown Morning Call

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03/31/2015 08:24 AM

China to Begin Deposit Insurance in May - Wall Street Journal


Wall Street Journal

China to Begin Deposit Insurance in May
Wall Street Journal
BEIJING—By moving to insure bank deposits at home, China's leadership has its eyes abroad. China on Tuesday detailed a plan to launch a deposit-insurance system in May, a long-awaited move that is aimed at better disciplining its lenders and their ...
China to Insure Deposits in Move Toward Scrapping Rate ControlsBloomberg
China announces plans for deposit insurance in bank reformseattlepi.com
China deposit insurance paves way for deregulation of interest ratesFinancial Times

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03/31/2015 02:59 PM

Flood Insurance Rates To Increase April 1 for Thousands of Homes Along U.S. ... - The Weather Channel


The Weather Channel

Flood Insurance Rates To Increase April 1 for Thousands of Homes Along U.S. ...
The Weather Channel
Flood insurance rates are set to skyrocket when a new bill goes into effect on April 1. Known as the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA), it's going to drive the prices of flood insurance plans through the roof for residents of ...
Reports Advise How to Make Flood Insurance AffordableInsurance Journal
Flood insurance premiums set to rise about 20%NorthJersey.com
Flood insurance rates, fees increase WednesdayHilton Head Island Packet
Clovis News Journal -Insurance News Net -Sarasota Herald-Tribune
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03/31/2015 07:45 AM

Lufthansa Expects Insurance Claim of $300 Million After Germanwings Plane ... - Wall Street Journal


Wall Street Journal

Lufthansa Expects Insurance Claim of $300 Million After Germanwings Plane ...
Wall Street Journal
FRANKFURT—Deutsche Lufthansa AG expects an insurance claim of around $300 million in connection with the crash of its Germanwings aircraft in the French Alps, a spokesman for Germanwings' parent Lufthansa said Tuesday. The $300 million includes ...
Germanwings crash likely to lead to a near-300-million-euro insurance claimeuronews
Allianz pencils in $300 million cost for Germanwings crash: sourcesReuters

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03/31/2015 09:11 AM

Here's the Average Cost of Homeowner Insurance. Are You Paying Too Much? - Motley Fool


Motley Fool

Here's the Average Cost of Homeowner Insurance. Are You Paying Too Much?
Motley Fool
There's something that you probably use that's been rising in price faster than inflation lately: homeowners insurance. If you're feeling pinched by the rates you're paying, know that you may be able to secure a less expensive policy. According to a ...

 

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03/31/2015 08:18 AM

How Will You Live if You Can't Work? Disability Insurance 101 - Money Talks News (blog)


Money Talks News (blog)

How Will You Live if You Can't Work? Disability Insurance 101
Money Talks News (blog)
That makes disability insurance an important consideration. It's probably a good idea to buy enough insurance to replace about two-thirds of your income if you are disabled from work. Below are sources for disability insurance, including the two ...

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03/31/2015 11:01 PM

Health Insurance Coverage Discrimination: Mental Illness - U.S. News & World Report


U.S. News & World Report

Health Insurance Coverage Discrimination: Mental Illness
U.S. News & World Report
Under President Barack Obama's health care law, which aimed to end health insurance discrimination for mental health services, an estimated 62 million patients now have better coverage. But a new report from the National Alliance on Mental Illness ...

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03/31/2015 03:58 PM

Haslam requests $30 million for teacher insurance - The Tennessean


The Tennessean

Haslam requests $30 million for teacher insurance
The Tennessean
Haslam announced Tuesday he is requesting $30 million in recurring money to fund 11 months of insurance for teachers. The state pays 45 percent of health insurance premiums for 10 months, meaning local districts and teachers statewide are left with the ...
Haslam budget amendment includes extra $30 million for teacher insuranceChattanooga Times Free Press

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03/31/2015 04:26 AM

D.A. announces charges against 11 in massive insurance fraud scheme - The Delaware County Daily Times


Philly.com

D.A. announces charges against 11 in massive insurance fraud scheme
The Delaware County Daily Times
All of the alleged additional damage would take place before an insurance adjustor saw the vehicle. Once the insurance claim had been paid, Wilson would fix the customer's vehicle for a much lower price and pocket the balance of the claim, according to ...
11 charged in Delco insurance fraudPhilly.com
Delaware County Body Shop Smashes Cars, Workers Face Fraud Charges: DANBC 10 Philadelphia
Delco DA: 11 Charged In Alleged Auto Body Shop Insurance Fraud SchemeCBS Local
WPVI-TV -MyFox Philadelphia
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03/31/2015 03:01 PM

Deere completes sale of insurance business - DesMoinesRegister.com


DesMoinesRegister.com

Deere completes sale of insurance business
DesMoinesRegister.com
A West Des Moines insurance company has completed its acquisition of Deere & Co.'s crop insurance division. Farmers Mutual Hail Insurance Co. announced the completion of the sale Tuesday. The company bought John Deere Insurance Co. and John ...
Farmers Mutual completes purchase of John Deere InsuranceKCCI Des Moines
Farmers Mutual Completes Acquisition Of John Deere InsuranceInsurance News Net
Deere completes sale of crop insurance businessRTT News

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International Insurance News

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03/31/2015 11:59 AM

S&P upgrades International General Insurance Company Ltd to A- (stable) - MarketWatch


S&P upgrades International General Insurance Company Ltd to A- (stable)
MarketWatch
HAMILTON, Bermuda, Mar 31, 2015 (BUSINESS WIRE) -- Standard & Poor's Ratings Services (S&P) has upgraded the financial strength ratings for International General Insurance Company Ltd (IGI) to “A-” with a stable outlook. The new rating, which was ...
S&P Upgrades International General InsuranceBernews
You are here: HomeLatest newsS&P upgrades IGI after re/insurer outperforms ...Reactions (subscription)
IGI gets S&P upgrade and confirms Loucaides appointmentThe Insurance Insider (subscription)

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03/27/2015 07:43 AM

Fosun International Eyes Multiple Insurance Deals - Wall Street Journal


Wall Street Journal

Fosun International Eyes Multiple Insurance Deals
Wall Street Journal
Its largest purchase so far, according to Dealogic, has been Fidelidade Group, Portugal's largest insurance company, which it bought for $1.5 billion last year. It also bought a 20% stake in U.S. insurer Ironshore for about $463.8 million last year. In ...

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03/30/2015 01:20 AM

International Insurance Company suddenly increased its assets - Azerbaijan Business Center


International Insurance Company suddenly increased its assets
Azerbaijan Business Center
Baku, Fineko/abc.az. International Insurance Company OJSC (IIC), the largest player of the free insurance market in Azerbaijan (the market without regulated compulsory kinds of insurance), has suddenly increased its assets. IIC informs that the audit ...

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03/23/2015 01:54 PM

Mapfre – global insurance company with presence in 47 countries, Malta included - Malta Independent Online


Malta Independent Online

Mapfre – global insurance company with presence in 47 countries, Malta included
Malta Independent Online
The Mapfre Group held its annual general meeting for its 2,450,000 shareholders in Madrid last Friday. Although the hall of the Palacio de Congresos y Esposiciones in Madrid was rather full, they were by no means all shareholders. Other shareholders ...

 

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03/31/2015 05:02 PM

Colliers Finalizes Lease to Amica Mutual Insurance Company - Nevada Business Magazine


Nevada Business Magazine

Colliers Finalizes Lease to Amica Mutual Insurance Company
Nevada Business Magazine
LAS VEGAS – Colliers International – Las Vegas announced the finalization a lease to Amica Mutual Insurance Company. The approximately 12,451-square-foot office property is located at 2475 Village View Drive in Henderson, Nevada. Taber Thill, SIOR ...

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03/04/2015 09:41 PM

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ... - BusinessKorea


BusinessKorea

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ...
BusinessKorea
Hanwha Life Insurance, which is Korea's first life insurance company and symbolizes all Korean life insurance companies, has sequentially succeeded in entering the global markets of China, Vietnam, and Indonesia. Hanwha Life Insurance is the first ...

 

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03/19/2015 03:56 AM

International Insurance Company: changes in exchange rate of manat made no ... - Azerbaijan Business Center


International Insurance Company: changes in exchange rate of manat made no ...
Azerbaijan Business Center
Baku, Fineko/abc.az. It's already been a month since the Azerbaijani manat was devalued by 34% against the US dollar and the first effect of devaluation can now be estimated. According to the International Insurance Company, changes in the rate of the ...
TOP-10 Azerbaijani insurance companies provide over 83% of premiumsTrend News Agency

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03/27/2015 03:05 PM

American International Group: No Power To Move Higher? (AIG) - Seeking Alpha (registration)


American International Group: No Power To Move Higher? (AIG)
Seeking Alpha (registration)
Even though shares of the insurance firm are up 9.70% over the last twelve months, American International Group's shares don't excite shareholders. Shares of the insurance company have repeatedly failed to break the very strong resistance level at $56.

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03/31/2015 07:37 AM

International Business Machines Corp. To Invest $3 Billion In Internet Of ... - Bidness ETC


Bidness ETC

International Business Machines Corp. To Invest $3 Billion In Internet Of ...
Bidness ETC
This will be beneficial for both parties as the insurance company might save millions, and the customers would not have to go through the rigorous task of replacing car parts, such as windows, and claiming the insurance amount. The partnership of the ...

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03/31/2015 07:02 AM

2015's Most And Least Reliable Countries To Do Business In - Forbes


Forbes

2015's Most And Least Reliable Countries To Do Business In
Forbes
For country-by-country shortcut answers to those questions, consider the “2015 FM Global Resilience Index,” a ranking of 130 countries by FM Global, the 180-year-old international commercial and industrial insurance company based in Johnston, RI.

 

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