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National Insurance News

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04/29/2016 10:50 PM

David Altmaier's quick rise to state insurance commissioner - Miami Herald


Miami Herald

David Altmaier's quick rise to state insurance commissioner
Miami Herald
Altmaier's insurance knowledge all comes from less than 10 years in the profession. He graduated from Western Kentucky University with a bachelors degree in math in December 2004. He then spent a year and a half as an Algebra teacher in Bowling Green, ...
Scott, cabinet go in-house for insurance commissionerTampa Bay Business Journal
Hiring of new state insurance commissioner breaks impasseBay News 9
After several tries Florida finally gets new insurance chiefSt. Augustine Record
Tampabay.com -Business Insurance
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04/30/2016 03:25 AM

Mich. drivers face steep insurance hikes for violations - The Detroit News


The Detroit News

Mich. drivers face steep insurance hikes for violations
The Detroit News
Washington — Michigan ranks in the top five among states for auto insurance rate increases for drivers who are convicted of traffic offenses like speeding, reckless driving and drunken driving, according to a new study conducted by insuranceQuotes.com.

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04/30/2016 02:35 AM

Jaylon Smith will receive insurance payment, Myles Jack won't - NBCSports.com


ESPN

Jaylon Smith will receive insurance payment, Myles Jack won't
NBCSports.com
Jaylon Smith and Myles Jack were the two best linebackers in college football last year. They both suffered serious knee injuries that caused them to drop in the draft. They both had insurance policies designed to protect them in case of an injury. But ...
Myles Jack will collect on insurance policy if he falls to 45th pickESPN
Report: Myles Jack to collect on insurance policy if he falls to 45th pickCBSSports.com
Myles Jack's worst draft fears came true (with insurance caveat)New York Post

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04/29/2016 10:13 PM

George R. 'Randy' Walker, insurance executive and board member of Dyslexia Training Program, dies - Baltimore Sun


Baltimore Sun

George R. 'Randy' Walker, insurance executive and board member of Dyslexia Training Program, dies
Baltimore Sun
He was going to have to leave, but the school made him a resident assistant in a dorm so he could stay," said David Kelly, chief organizational officer for Kelly & Associates Insurance Group. "When he was 17, he went to work at Bethlehem Steel to help ...

 

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04/29/2016 11:15 AM

Insurance Company Now Offers Cyberbullying Coverage - NBCNews.com


NBCNews.com

Insurance Company Now Offers Cyberbullying Coverage
NBCNews.com
Insurance giant Chubb recently began offering optional cyber bullying coverage for its homeowners insurance clients. Anyone who has had embarrassing photos posted on social media or been deluged with angry messages can attest to the high emotional ...

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04/29/2016 01:05 PM

Does your homeowners insurance fully cover you for these seven common claims? - CNBC


CNBC

Does your homeowners insurance fully cover you for these seven common claims?
CNBC
Roughly 5 percent of insured homeowners filed a claim in 2014 (the latest year available), according to data from ISO, a division of Verisk Analytics. The average claim: $10,750. "From a coverage perspective, it's very important to make sure they're ...

 

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04/29/2016 10:40 PM

Health insurance overhaul poised for headed debate on November ballot - FOX31 Denver


FOX31 Denver

Health insurance overhaul poised for headed debate on November ballot
FOX31 Denver
DENVER -- We know Republicans want to dismantle ObamaCare but it turns out some Democrats in Colorado do as well -- Not because it goes too far but because it doesn't go far enough. Amendment 69 will appear on the November ballot and will ask ...

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04/29/2016 06:46 PM

Travel Insurance - Are You Covered - Albuquerque Journal


Kiplinger Personal Finance

Travel Insurance - Are You Covered
Albuquerque Journal
Have you ever been stranded at the airport due to inclement weather when you should be relaxing in Florida with your family? Weather, lost luggage and medical issues are just a few things that can put a damper on your vacation. Travel insurance is less ...
Travel Insurance to Protect Your VacationKiplinger Personal Finance

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04/29/2016 05:34 PM

People on the move in the P&C insurance industry: April 29, 2016 - PropertyCasualty360


PropertyCasualty360

People on the move in the P&C insurance industry: April 29, 2016
PropertyCasualty360
based risk management consulting firm and insurance broker KMRD Partners said it has added Karl Granlun, CPCU, as risk manager. He joins from the Addis Group, where he was vice president and account manager in the healthcare practice division.

 

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04/29/2016 09:20 PM

Why every parent needs life insurance and a will - AL.com


AL.com

Why every parent needs life insurance and a will
AL.com
If you have been following the math so far, more than two-thirds of parents with kids younger than 18 are either uninsured or underinsured when it comes to life insurance. That is an incredibly shocking statistic, but maybe things get a little better ...

 

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International Insurance News

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04/21/2016 11:06 PM

Attempts to Embezzle Millions From Global Insurance Company Results in Jail - Lawfuel (blog)


The Journal News | LoHud.com

Attempts to Embezzle Millions From Global Insurance Company Results in Jail
Lawfuel (blog)
From January 2012 through December 2013, SHEA and FALLON engaged in a scheme to embezzle approximately $2.6 million from SHEA's employer, the North American subsidiary of an international insurance company (“Company-1”). SHEA, who rose to ...
Nanuet man sentenced for embezzlement schemeThe Journal News | LoHud.com

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04/25/2016 11:14 PM

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company - Bergen Dispatch


Bergen Dispatch

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company
Bergen Dispatch
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that James J. Shea, age 49 of Paramus, New Jersey, was sentenced in Manhattan federal court to 18 months in prison for participating in a scheme to ...

 

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04/08/2016 05:57 PM

Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA) - Los Angeles Mirror


Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA)
Los Angeles Mirror
Magna International (USA) (MGA) : Manufacturers Life Insurance Company The scooped up 32,296 additional shares in Magna International (USA) during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now ...

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04/05/2016 07:05 AM

Manufacturers Life Insurance Company The buys $318.3 Million stake in Tempur Sealy International Inc (TPX) - SCSUCollegian


Manufacturers Life Insurance Company The buys $318.3 Million stake in Tempur Sealy International Inc (TPX)
SCSUCollegian
Tempur Sealy International Inc (TPX) : Manufacturers Life Insurance Company The scooped up 28,486 additional shares in Tempur Sealy International Inc during the Q4 period, according to a recent disclosure to the SEC. The investment management firm ...

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04/29/2016 06:19 PM

Warren Buffett's annual insights to be delivered online - BBC News


BBC News

Warren Buffett's annual insights to be delivered online
BBC News
"Mr Buffet and [vice-chairman Charlie] Munger might talk more about international things this year because people from around the world are going to be able to listen in," said Steve Jordon, a reporter for the Omaha World-Herald paper, who covers ...

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04/29/2016 01:00 PM

Large Insurers Eager But Cautious About Drone Insurance Market - Insurance Journal


Large Insurers Eager But Cautious About Drone Insurance Market
Insurance Journal
According to a white paper prepared by Assurex Global with insurance brokerage Shaw Sabey & Associates and managing general agent Plus Underwriting Managers, businesses and government entities relying on drones face potential liability exposures that ...

 

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04/28/2016 12:01 PM

CIBC a player in insurance market - Nation News


Nation News

CIBC a player in insurance market
Nation News
“As a result, FirstCaribbean International Trust and Merchant Bank (Barbados) Limited can no longer conduct business as an insurance broker in Barbados,” Graham said. He added: “Colonial Medical Insurance Company Limited has been issued with a ...

 

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04/23/2016 02:47 PM

AIG Looks Like A Buy - Seeking Alpha


Seeking Alpha

AIG Looks Like A Buy
Seeking Alpha
American International Group, Inc. (NYSE:AIG) does not excite investors anymore. One only has to look at the insurance company's share price to see that investors prefer other insurance companies or financials over American International Group. If you ...

 

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04/29/2016 11:27 AM

Anbang Life Insurance sees net profit surge 131 per cent to 19.66 billion yuan on asset gains - South China Morning Post


South China Morning Post

Anbang Life Insurance sees net profit surge 131 per cent to 19.66 billion yuan on asset gains
South China Morning Post
Anbang Insurancehas continued its global expansion this year by acquiring the Dutch insurance company Vivat and South Korea's Tongyang Life Insurance. Brett McGonegal, chairman of Capital Link International, said Anbang Insurance's global acquisitions ...

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04/29/2016 10:55 PM

City votes in favor of $99 aggressive panhandling fine - Newbritainherald


Newbritainherald

City votes in favor of $99 aggressive panhandling fine
Newbritainherald
The Washington Street building was built in 1929 and was home to the former Hatch Insurance Company. Downtown District Executive Director ... n The council adopted the “International Charter for Compassion.” The charter, the resolution, states, “urges ...

 

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