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National Insurance News

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08/30/2016 06:23 PM

Iowa at center of debate over 'shadow insurance' deals - Chicago Tribune


Chicago Tribune

Iowa at center of debate over 'shadow insurance' deals
Chicago Tribune
So-called "shadow insurance" agreements have exploded over the last decade, but a growing number of critics, including economists and consumer advocates, say the practice threatens the solvency of insurers and puts policyholders and taxpayers at risk.

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08/30/2016 05:24 PM

Tesla enters car insurance business as self-driving cars prepare to disrupt the industry - Electrek


Electrek

Tesla enters car insurance business as self-driving cars prepare to disrupt the industry
Electrek
Self-driving cars will almost completely eliminate the occurrence of car accidents caused by humans, which represents about 90% of all car accidents in the U.S. according to NHTSA. Consequently, autonomous driving has the potential to save millions of ...

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08/30/2016 10:59 PM

Lawmakers Demand Answers After Massive Insurance Rate Hikes - NewsChannel5.com


NewsChannel5.com

Lawmakers Demand Answers After Massive Insurance Rate Hikes
NewsChannel5.com
Tennessee Democrats have called for legislative hearings to find out why 100 percent of the requested rate increases by insurance companies were approved without any negotiations. Last week Commissioner of Insurance Julie McPeak announced massive ...
Lawmakers asking questions about insurance rate hikesWRCB-TV

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08/31/2016 02:31 AM

Medicaid expansion can lower insurance premiums for everyone - Daily Kos


Daily Kos

Medicaid expansion can lower insurance premiums for everyone
Daily Kos
What this means is pretty clear: Medicaid expansion can make insurance coverage for everyone else on Obamacare less expensive. While the humanitarian argument—it's helping to make poor people healthier—is the primary one for Medicaid expansion, ...

 

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08/29/2016 08:50 PM

Insurance rate hikes approved for thousands of Iowans - DesMoinesRegister.com


DesMoinesRegister.com

Insurance rate hikes approved for thousands of Iowans
DesMoinesRegister.com
Iowa Insurance Commissioner Nick Gerhart has approved rate increases sought by four companies who provide health insurance in the state, Gerhart's agency announced Monday. The increases include plans covered by Wellmark Blue Cross & Blue Shield, ...
Obamacare needs a lot of work, Iowa insurance commissioner saysCNBC
Health Insurance Rate Increases ApprovedKIWARadio.com
Iowa approves health insurance rate hikes for 4 companieskwwl.com

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08/30/2016 01:23 PM

'The Mother of All Risks': Insurance Giants Call on G20 to Stop Bankrolling Fossil Fuels - Common Dreams (press release)


Common Dreams (press release)

'The Mother of All Risks': Insurance Giants Call on G20 to Stop Bankrolling Fossil Fuels
Common Dreams (press release)
Multi-national insurance giants Aviva, Aegon, and Amlin, which together manage $1.2tn in assets, released a statement Tuesday calling on the leaders of the world's biggest economies to commit to ending coal, oil, and gas subsidies within four years.

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08/30/2016 12:35 PM

Are Life Insurance Proceeds Subject to Taxes? - Forbes


Are Life Insurance Proceeds Subject to Taxes?
Forbes
When you purchase life insurance, the money your beneficiary receives when you pass away are referred to as death benefits (unlike the cash available from a whole life policy, whether it is accessed before and after death.) Generally speaking, your ...

 

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08/31/2016 03:08 AM

Houston in top 3 list of cities with most auto insurance fraud - KPRC Houston


KPRC Houston

Houston in top 3 list of cities with most auto insurance fraud
KPRC Houston
L.A., New York and Houston -- you might think we're hanging with the cool crowd when you hear we all made the top three in a recent study, until you hear it was for cities with the most auto insurance fraud. "We knew that this was a problem in Houston ...

 

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08/30/2016 12:15 PM

Don't Be Scared of a Health-Insurance Public Option - Bloomberg


Bloomberg

Don't Be Scared of a Health-Insurance Public Option
Bloomberg
One of the big debates in health care right now is whether to create a public option for health insurance. Most observers of Obamacare agree that the big problem is private insurers pulling out of health-care exchanges. That leaves smaller states with ...
(Dreamstime image: Ezumeimages)National Review Online
Insurance rates under Affordable Care Act set to spike in 2017KCRG
Insurance Commissioner: Obamacare is 'Very Near Collapse' in My StateTownhall
The Denver Post -Clarifying Health (blog) -Business Insider -Kaiser Family Foundation
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08/30/2016 12:45 PM

The Insurance Rip-Off At The Heart Of The EpiPen Scandal - Forbes


The Insurance Rip-Off At The Heart Of The EpiPen Scandal
Forbes
Here's another rip-off about EpiPen that nobody's talking about: that there is a free market around drug prices, and many patients are being excluded from it. One of the terrifying things about the branded drug market is that competition often doesn't ...

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insurance news feeds
 

International Insurance News

sort international news by: headlines | date | relevance

08/25/2016 03:23 PM

A.M. Best Affirms Ratings of Jordan International Insurance Company - Business Wire (press release)


A.M. Best Affirms Ratings of Jordan International Insurance Company
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Jordan International Insurance Company (JIIC) (Jordan). The outlook for each rating remains stable. The ratings reflect ...

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08/23/2016 08:27 AM

Shropshire insurance company shortlisted for international award - shropshirelive.com


shropshirelive.com

Shropshire insurance company shortlisted for international award
shropshirelive.com
Health and safety specialists at a Shropshire company have been shortlisted for an international award – for the third year in a row. The team from Henshalls in Newport and Shrewsbury are finalists in the Specialist Company of the Year category at this ...

 

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08/30/2016 02:54 PM

Commissioners plan to fix sewers in pockets of pollution by next summer - Columbus Dispatch


Commissioners plan to fix sewers in pockets of pollution by next summer
Columbus Dispatch
In some cases, gravity-based sewers were installed so that sewage flowed the wrong way. Deer Creek went out of business, and its insurance company, International Fidelity, has refused to pay. The county has hired a law firm to deal with International ...

 

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08/31/2016 01:38 AM

Dallas Cowboy's The Star lands biggest business tenant, makes plans for 2nd office building - Dallas Morning News


Dallas Morning News

Dallas Cowboy's The Star lands biggest business tenant, makes plans for 2nd office building
Dallas Morning News
The company has four business operations and a division office here. FM Global has been in the Granite Park development at the southeast corner of the Dallas North Tollway and State Highway 121 since 1999. The insurance company occupies more than ...

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08/30/2016 09:13 PM

Baldwin & Lyons Appoints William C. Vens Chief Financial Officer, W. Randall Birchfield Company President - GlobeNewswire (press release)


Baldwin & Lyons Appoints William C. Vens Chief Financial Officer, W. Randall Birchfield Company President
GlobeNewswire (press release)
Mr. Birchfield has an extensive background in the property and casualty insurance industry through his many years working for Allstate Insurance Company, Farmers Insurance Company, American International Group and Progressive Insurance Company.

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08/30/2016 07:59 PM

Fresh twist as Equity boss joins Moi city land saga - Daily Nation


Daily Nation

Fresh twist as Equity boss joins Moi city land saga
Daily Nation
The land in upmarket Muthaiga North is also claimed by United States International University – Africa and private developer George Kiongera. ... The university says it acquired the land for Sh90 million from Insurance Company of East Africa in 1999.

 

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08/29/2016 02:30 PM

Navigators Appoints New Leadership for Claims Operations - Insurance Journal


Navigators Appoints New Leadership for Claims Operations
Insurance Journal
In addition in the International segment, Michael Phipps joined Navigators on August 22, 2016 as claims manager for Navigators International Insurance Co., the company's recently authorized U.K. domiciled insurance company. Phipps previously worked at ...

 

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08/30/2016 08:37 PM

AIG (AIG) Board Approves Pursuit of Divestiture Program - StreetInsider.com


StreetInsider.com

AIG (AIG) Board Approves Pursuit of Divestiture Program
StreetInsider.com
American International Group, Inc. (the “Company”) is furnishing the Investor Presentation, dated August 30, 2016, attached as Exhibit 99.1 to this Current Report on Form 8-K (the “Investor Presentation”), which the Company may use from time to time in ...

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08/30/2016 11:51 PM

Best of the best: Top 20 brands and their report card - Economic Times


Economic Times

Best of the best: Top 20 brands and their report card
Economic Times
India's largest insurance company, is also one of its most trusted. Year after year, LIC dominates Brand Equity's Most Trusted Brands survey by a large margin in the life insurance category. After years of high decibel emotionally charged advertising ...

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08/30/2016 04:01 PM

Validus Holdings, Ltd. to Release Third Quarter 2016 Financial ... - Yahoo Finance


Validus Holdings, Ltd. to Release Third Quarter 2016 Financial ...
Yahoo Finance
Validus Holdings, Ltd. announced today that it plans to release its financial results for the quarter ended September 30, 2016, after the close of trading on the ...

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