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National Insurance News

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05/29/2016 09:00 AM

​Trov partners with Suncorp Group to launch on-demand insurance - ZDNet


ZDNet

​Trov partners with Suncorp Group to launch on-demand insurance
ZDNet
San Francisco-based fintech startup Trov has partnered with Suncorp Group to globally launch its on-demand insurance platform in Australia. Trov Protection, available via the Trov app based on Suncorp Group's insurance products, will initially provide ...

 

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05/29/2016 06:12 AM

'Why am I being charged triple on my home insurance for being a loyal customer?' - Telegraph.co.uk


Telegraph.co.uk

'Why am I being charged triple on my home insurance for being a loyal customer?'
Telegraph.co.uk
Since moving into their home in 2006, Mr Mallier and his wife have held a buildings and contents insurance policy with Halifax. Over this time, the annual premium has increased from £210 to £607 for the latest premium renewal quote, despite the couple ...

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05/29/2016 02:39 PM

Homebuyers may be paying too much for insurance, says research - The Guardian


The Guardian

Homebuyers may be paying too much for insurance, says research
The Guardian
Homebuyers have been warned they could be paying more than necessary for home insurance after research revealed one in seven took out policies with their mortgage lender. The study by Gocompare.com found 14% of homeowners opted for that route.
Home owners warned over 'mortgage-linked insurance trap'expressandstar.com

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05/29/2016 11:33 AM

Toxic algae drive up insurance costs for Chile's salmon farms - Financial Times


Financial Times

Toxic algae drive up insurance costs for Chile's salmon farms
Financial Times
Premiums are expected to rise 50 to 60 per cent, according to Dagfinn Ulriksen, head of aquaculture at Aon Norway, which brokers the bulk of insurance for international fish farmers. Losses covered by insurance are expected to be about $100m, the ...

 

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05/29/2016 06:02 AM

Households could be charged annual 'insurance premium' for access to electricity grid - Telegraph.co.uk


Telegraph.co.uk

Households could be charged annual 'insurance premium' for access to electricity grid
Telegraph.co.uk
Every household could have to pay an annual "insurance premium" for access to the UK electricity grid, under plans to overhaul the way networks are paid for. Energy regulator Ofgem is worried that people who can afford to install solar panels and ...

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05/29/2016 05:22 AM

Prospect of catastrophic cyber attack triggers interest in insurance backstop - Business Insurance


Prospect of catastrophic cyber attack triggers interest in insurance backstop
Business Insurance
Such a backstop was created by the Terrorism Risk Insurance Act of 2002 to help insurers cover losses from truly catastrophic future terrorist events. But whether the current facility, which is commonly known as TRIA, could respond to cyber attack ...

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05/29/2016 06:24 AM

Why you pay higher insurance rates to share roads with Dallas' dangerous drivers - Dallas Morning News


Dallas Morning News

Why you pay higher insurance rates to share roads with Dallas' dangerous drivers
Dallas Morning News
Dallas Police investigate a fatal rollover accident on northbound Hwy 75 near Woodall Rodgers Freeway in downtown Dallas, Thursday, March 24, 2016. All northbound lanes of Hwy 75 were shutdown causing major backups on Interstate 30. (Tom Fox/The ...

 

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05/28/2016 08:42 PM

Hurricane insurance: Open your eyes before disaster - The News-Press


The News-Press

Hurricane insurance: Open your eyes before disaster
The News-Press
The physician and his wife have seen their insurance rates fluctuate over the years on the home they've owned since early 1990s. Although they've filed no claims, the price of insuring the home, which is assessed at $550,000, often went up. Now they'll ...
Hurricane insurance called strongThe Ledger

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05/29/2016 03:10 AM

Insurance providers seeking higher rates to join federal health exchange - WOWT


WOWT

Insurance providers seeking higher rates to join federal health exchange
WOWT
OMAHA, Neb. (WOWT) - Rate increase requests for insurance providers looking to be part of the government's health exchange website were unveiled. Every provider in Nebraska is asking for a higher rate in 2017. What's behind the growing cost? "We're ...

 

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05/29/2016 08:03 AM

Legislator asking colleagues to pay more for insurance - Standard Speaker


Standard Speaker

Legislator asking colleagues to pay more for insurance
Standard Speaker
“I think my bill is one way of showing the folks paying huge fees for health insurance that we get it,” said Mullery, a Democrat representing the 119th District that includes West Hazleton, White Haven, Freeland, Foster Township and the northern and ...

 

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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04/30/2016 10:23 PM

Insurer gets gong for bad behaviour - Radio New Zealand


Radio New Zealand

Insurer gets gong for bad behaviour
Radio New Zealand
The insurance company said it was disappointed to have been named New Zealand's worst transnational corporation. IAG's head of corporate affairs, Craig Dowling, said the award showed a tragic lack of understanding of earthquake issues, and the ...

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05/29/2016 06:54 AM

AM Best affirms ratings of Bahrain Kuwait Insurance Company BSC - CPI Financial


AM Best affirms ratings of Bahrain Kuwait Insurance Company BSC
CPI Financial
Risk-adjusted capitalisation remains strong despite capital requirements increasing as a result of the company acquiring a 41 per cent stake in Bahrain's largest Takaful operator, Takaful International Company B.S.C (TIC), in 2015. We were unable to ...

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05/29/2016 07:00 AM

AM Best affirms ratings of Arab Orient Insurance Company: May 2016 - CPI Financial


AM Best affirms ratings of Arab Orient Insurance Company: May 2016
CPI Financial
... capital consumption is principally driven by its exposure to reinsurance counterparty credit risk, emanating particularly from large property risks that are ceded to the international market. This is, however, partially mitigated by a well-rated ...

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05/29/2016 05:18 AM

The wrecking ball crew don't understand the new paradigm of politics - Jamaica Observer


Jamaica Observer

The wrecking ball crew don't understand the new paradigm of politics
Jamaica Observer
Weeks before the Budget presentations began, PNP spinners were all over the media trumpeting that they had heard that International Monetary Fund (IMF) representatives were included in meetings at Jamaica House to discuss Budget matters ...

 

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05/28/2016 04:25 AM

Marion County court records: May 21-27 - Statesman Journal


Statesman Journal

Marion County court records: May 21-27
Statesman Journal
Ameriprise Insurance Company. Valley Credit Service Inc. vs. Warren M Byers. Valley Credit Service Inc. vs. Timothy Christopher Names, Ashley K. Felix. Eoff Electric Supply Company vs. Sprinter Electric, Inc. Daniel Esquivel-Garibay vs. Georgina ...

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05/27/2016 10:21 PM

Prudential's International Segment to Be Growth Leader in 2016 - Market Realist


Market Realist

Prudential's International Segment to Be Growth Leader in 2016
Market Realist
Prudential Financial's (PRU) International Insurance segment reported sales of $781 million on a constant dollar basis in the quarter ended March 31, 2016, which was up 12% from the corresponding quarter last year. On a nominal basis, the company ...

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