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National Insurance News

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12/28/2014 05:24 PM

Regulators Tackle Insurance License Loophole - Wall Street Journal


Regulators Tackle Insurance License Loophole
Wall Street Journal
Regulators around the country are taking steps to patch a loophole that allows brokers who have been barred from the securities industry to sell insurance and other financial products. The Financial Industry Regulatory Authority said it would next ...
US watchdog moves to close insurance broker loopholeThe Australian

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12/29/2014 10:00 AM

The Insurance Company Promised a Gender Reassignment. Then They Made a ... - Daily Beast


Daily Beast

The Insurance Company Promised a Gender Reassignment. Then They Made a ...
Daily Beast
It's a diagnosis that has been making headlines of late, as New York Gov. Andrew Cuomo advised insurance providers in his state that they would have to begin covering gender-reassignment surgery judged medically necessary by a patient with dysphoria.

 

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12/27/2014 05:51 PM

Umbrella insurance: Protection for that nest egg - USA TODAY


Umbrella insurance: Protection for that nest egg
USA TODAY
A retirement nest egg may make you feel like you've locked down your financial future, but don't get too comfortable. Getting hit with a liability lawsuit in your retirement years could turn your life upside down. While your insurance may cover some ...

 

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12/28/2014 03:52 PM

Businesses brace for end of federal terrorism insurance - Green Bay Press Gazette


Green Bay Press Gazette

Businesses brace for end of federal terrorism insurance
Green Bay Press Gazette
Insurance and real estate firms are preparing for the expiration of a federal terrorism insurance program at the end of the month, warning that construction projects could be stalled and commercial loans on shopping malls, utilities and skyscrapers ...
Continue -- but gradually reduce -- federal risk in terrorism insuranceLos Angeles Times

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12/29/2014 08:24 AM

UPDATE 2-Allianz lead reinsurer to missing AirAsia plane - Reuters


The Local.de

UPDATE 2-Allianz lead reinsurer to missing AirAsia plane
Reuters
Aviation incidents accounted for four of the top 10 major insurance losses not linked to natural catastrophes in the first eight months of 2014, putting pressure on aviation claims that are already rising due to the use of expensive materials and ...
Allianz lead reinsurer for missing AirAsia planeBusiness Insurance
Allianz insured missing AirAsia planeThe Local.de
Germany's Allianz lead re-insurer for missing Air-Asia flight: ReportChannel News Asia

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12/28/2014 05:05 PM

Just asking about an insurance claim can make your rate go up - Tampabay.com


Tampabay.com

Just asking about an insurance claim can make your rate go up
Tampabay.com
That's because claims and inquiries about claims for car and home insurance policies get tracked in a database that many consumers have never heard of: the Comprehensive Loss Underwriting Exchange report, also known as the CLUE report.

 

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12/29/2014 01:27 AM

Insurance sector eyes FDI worth billions in new year - Economic Times


Daily News & Analysis

Insurance sector eyes FDI worth billions in new year
Economic Times
NEW DELHI: A political hot potato for long, the insurance sector got its long-awaited dose of reforms, as 2014 neared the end and will keenly await moneybags from abroad in the new year to bring in the much-aspired foreign investments, estimated at up ...
Insurance ordinance to enhance penalty provisions for guarding consumer ...Daily News & Analysis
Ordinance on Insurance Bill will boost investments, says FinMinThe Indian Express

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12/29/2014 03:28 AM

Obamacare navigator helps hundreds enroll in health insurance plans - Charleston Post Courier


Charleston Post Courier

Obamacare navigator helps hundreds enroll in health insurance plans
Charleston Post Courier
Colleton said most of her customers don't realize how cheap insurance may be and that they can get help figuring it all out for free. The federal government awarded two South Carolina nonprofit groups nearly $1.5 million to hire navigators like ...

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12/28/2014 06:02 PM

If Parents Are Co-Signing Your Student Loans, Get Life Insurance Too - Lifehacker


Lifehacker

If Parents Are Co-Signing Your Student Loans, Get Life Insurance Too
Lifehacker
Sometimes college students need parents to co-sign the student loans. Although it's unfair, if the student dies, the parents could be on the hook for the college education. An inexpensive life insurance policy protects against that risk. Forbes reminds ...

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12/28/2014 10:10 PM

Utah parade insurance requirement deemed unconstitutional - JURIST


JURIST

Utah parade insurance requirement deemed unconstitutional
JURIST
[JURIST] The Tenth Circuit Court of Appeals [official website] published a decision [opinion, PDF] on Monday declaring that Utah's requirement of a USD $1 million insurance policy for demonstrations violates the First Amendment [text] of the constitution.

 

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International Insurance News

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12/27/2014 12:45 PM

NLGIC bags 'Best Life Insurance Company -Oman 2014' award - Muscat Daily


NLGIC bags 'Best Life Insurance Company -Oman 2014' award
Muscat Daily
Commenting on the Occasion, S Venkatachalam, chief executive officer of NLGIC, said, “We are extremely proud for being proclaimed as the 'Best Life Insurance Company–Oman' by World Finance Global Insurance Awards for the second year in a row.

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12/04/2014 04:56 PM

Insurance giant Hub International bullish about growth in Sacramento - Sacramento Business Journal


Sacramento Business Journal

Insurance giant Hub International bullish about growth in Sacramento
Sacramento Business Journal
Hub International aims to expand business from its new Sacramento operation, sources say. The global insurance company announced Tuesday that it bought John O. Bronson Co. But local folks will continue to call most of the shots. "That's why we agreed ...

 

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12/15/2014 02:33 AM

The International Insurance Company acknowledged as “the Insurance ... - Azerbaijan Business Center


The International Insurance Company acknowledged as “the Insurance ...
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Insurance Company OJSC has been acknowledged as “the Insurance Company of the year” in Azerbaijan. According to IIC, presentation of awards took place last week in Baku. The Company regarded such award as ...

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12/28/2014 06:38 PM

Parents of ramp agent killed at Dulles International say airport has serious flaws - Washington Post


Parents of ramp agent killed at Dulles International say airport has serious flaws
Washington Post
... 10 years during millions of runs between the main terminal, Concourse D and other international arrivals. MWAA said the decision to pay the Dodsons $2 million was made by its insurance company and is not an admission that Smith or Dulles was at fault.

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12/29/2014 03:44 AM

Development of Shanghai international financial center: highlights in 2014 - Shanghai Daily (subscription)


Development of Shanghai international financial center: highlights in 2014
Shanghai Daily (subscription)
The same year also witnessed that Shanghai Huarui Bank, the first private bank in Shanghai, and Shanghai Life Insurance Co., Ltd, the first private insurance company registered within FTZ, acquired approval for establishment. The emergence of private ...

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12/24/2014 01:45 AM

Nigeria's Oldest Insurance Firm, WAPIC Gets Global Rating - The Guardian


Nigeria's Oldest Insurance Firm, WAPIC Gets Global Rating
The Guardian
A statement by the company yesterday said: "After more than half a century of operation, recent strategic institutional actions are beginning to open a new phase in the history of Nigeria's oldest insurance company, Wapic Insurance. The firm which is ...

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12/03/2014 10:08 PM

CCW Global Deploys Online Purchasing for Cigna Global Health Insurance ... - Virtual-Strategy Magazine (press release)


CCW Global Deploys Online Purchasing for Cigna Global Health Insurance ...
Virtual-Strategy Magazine (press release)
All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and ...

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12/26/2014 12:00 PM

American International Group Receives Consensus Rating of "Buy" from ... - sleekmoney


American International Group Receives Consensus Rating of "Buy" from ...
sleekmoney
American International Group, Inc (NYSE:AIG) is a global insurance company. Receive News & Ratings for American International Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ...

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12/28/2014 03:36 AM

In Reversal, Germany Cools to Russian Investment - New York Times


New York Times

In Reversal, Germany Cools to Russian Investment
New York Times
Allianz, Germany's largest insurance company, stopped selling auto policies in Russia last year after a change in Russian law that allowed disgruntled customers to sue in local courts. The courts sometimes issued judgments without even notifying ...

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12/28/2014 11:15 PM

China FX Trading, Gem Tax, Iowa Insurer Takeover: Compliance - Bloomberg


China FX Trading, Gem Tax, Iowa Insurer Takeover: Compliance
Bloomberg
A plunge in Russia's ruble this month to a record low sparked a selloff in developing nations' assets, leading to a surge in currency volatility. The new contracts come as China tries to increase the international use of the yuan, which the world's ...

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