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National Insurance News

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09/30/2016 01:17 PM

AXA, Allianz vie for StanChart's general insurance distribution deal: sour... - Reuters


Reuters

AXA, Allianz vie for StanChart's general insurance distribution deal: sour...
Reuters
L) deal that would enable the sale of general insurance products through the bank's Asian branches, people familiar with the matter said. A unit of Japan's MS&AD (8725.T), Standard Chartered's existing general insurance partner, has also progressed to ...
AXA, Allianz vie for StanChart general insurance distribution deal - sourcesYahoo Finance

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09/29/2016 03:50 PM

Insurance May Be Dropped for Properties That Repeatedly Flood - Scientific American


Scientific American

Insurance May Be Dropped for Properties That Repeatedly Flood
Scientific American
Congress is taking aim at how communities address some of the most troublesome properties that require repeated federal flood insurance payouts under the National Flood Insurance Program. Bipartisan legislation introduced yesterday would force ...

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09/29/2016 03:57 PM

Was your car caught in Detroit's floods? Here are some insurance tips - Detroit Free Press


Detroit Free Press

Was your car caught in Detroit's floods? Here are some insurance tips
Detroit Free Press
Editor's note: This story originally published Aug. 13, 2014. In the wake of flooding, Michigan homeowners and drivers should tap into some tips from insurance professionals. If your car was stranded in water, AAA Michigan suggests you call the claim ...

 

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09/30/2016 02:11 PM

Wells Fargo stuck man with pricier flood insurance - Asbury Park Press


Asbury Park Press

Wells Fargo stuck man with pricier flood insurance
Asbury Park Press
But for some reason, Wells Fargo Home Lending paid a higher flood insurance premium to Selective Insurance, an increase of about $3,700. He found out after Wells Fargo sent him a statement saying his mortgage payment would increase to fill his escrow ...

 

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09/30/2016 01:38 PM

'Bundling' insurance can save you hundreds a year - KOMO News


KOMO News

'Bundling' insurance can save you hundreds a year
KOMO News
They love that, of course, so they're going to give you a discount,” said Laura Adams, senior insurance analyst for insuranceQuotes. They just did a nationwide study and found that bundling auto and homeowners coverage saves an average of $314 a year.

 

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09/30/2016 01:57 PM

Brightway Insurance reaches $425 million in written premium - PR Newswire (press release)


Brightway Insurance reaches $425 million in written premium
PR Newswire (press release)
JACKSONVILLE, Fla., Sept. 30, 2016 /PRNewswire/ -- Brightway Insurance, a national property/casualty insurance retailer selling through a network of franchised independent agencies throughout the country that started franchising in 2008 has reached ...

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09/29/2016 11:59 AM

Insurance industry sees drones taking claims work to new heights - Marketplace.org


Marketplace.org

Insurance industry sees drones taking claims work to new heights
Marketplace.org
“It will be something that — most field people will have a drone in their trunk or their back pocket,” said Jay Jablonski with Hartford Steam Boiler, an insurance company that among other things, not surprisingly, covers steam boilers — sometimes ...

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09/30/2016 03:00 PM

How IoT is expected to transform the insurance industry - RCR Wireless News


RCR Wireless News

How IoT is expected to transform the insurance industry
RCR Wireless News
Some auto and health insurers are already offering a new type of insurance, usage-based insurance (UBI), that uses IoT devices to track clients' activity and offer discounts or rewards for healthy and safe behavior. Business Insider expects 17 million ...

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09/29/2016 01:02 PM

Is your workplace life insurance enough? | Reuters - Reuters


Reuters

Is your workplace life insurance enough? | Reuters
Reuters
As benefits season kicks off, you may be focused on the changes to your health plan. But be sure to pay careful attention to your life insurance options when you ...

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09/28/2016 07:50 AM

Is Online Insurance China's Next Big Money Maker? - Forbes


Forbes

Is Online Insurance China's Next Big Money Maker?
Forbes
China's technology scene has been making headlines since innovation became one of the government's main priorities in 2013. The latest news stories have focused on its social media “super” apps, such as WeChat, and its developments in electric vehicles.

 

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International Insurance News

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09/29/2016 09:07 PM

A.M. Best Upgrades Credit Ratings of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group ... - Yahoo Finance


A.M. Best Upgrades Credit Ratings of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group ...
Yahoo Finance
A.M. Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-” of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock ...

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09/30/2016 02:49 PM

American International Group Inc. (AIG) Given New $68.00 Price Target at Barclays PLC - The Cerbat Gem


The Cerbat Gem

American International Group Inc. (AIG) Given New $68.00 Price Target at Barclays PLC
The Cerbat Gem
American International Group logo American International Group Inc. (NYSE:AIG) had its price target boosted by Barclays PLC from $60.00 to $68.00 in a report issued on Friday. The firm presently has an “overweight” rating on the insurance provider's ...

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09/23/2016 07:32 PM

Chubb Names Graham Fulcher Chief Actuary of its International General Insurance Business - PR Newswire (press release)


Chubb Names Graham Fulcher Chief Actuary of its International General Insurance Business
PR Newswire (press release)
23, 2016 /PRNewswire/ -- Chubb today announced that Graham Fulcher has been appointed Chief Actuary for Overseas General Insurance, the company's international general insurance business. He succeeds Michael Kessler, who was recently appointed Vice ...

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09/30/2016 01:12 AM

Generali to exit Guatemala and Liechtenstein - International Adviser


International Adviser

Generali to exit Guatemala and Liechtenstein
International Adviser
In December 2015, Generali International merged with Generali Worldwide, to focus on its operations in the Bahamas, the British Virgin Islands, the Cayman Islands, Guernsey, Jersey, Hong Kong, Singapore and the UAE. The merger saw the insurer stop ...

 

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09/27/2016 12:12 PM

SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ... - Chester News


SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ...
Chester News
Manufacturers Life Insurance Company The who had been investing in Royal Bk Cda Montreal Que for a number of months, seems to be less bullish one the $90.16 billion market cap company. ... Cards and Payment Solutions (Canadian Banking), Caribbean and ...

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09/30/2016 01:43 PM

Argo Group Names AIG's Hernandez to Lead International Business - Insurance Journal


Argo Group Names AIG's Hernandez to Lead International Business
Insurance Journal
Bermuda-based specialty insurer Argo Group International Holdings announced the appointment of Jose A. Hernandez to lead the company's international business, which includes all insurance and reinsurance operations outside of the U.S.. Hernandez ...

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09/29/2016 06:35 PM

American International Group Inc. (NYSE:AIG) Receives Consensus Rating of "Buy" from Analysts - Community Financial News


Community Financial News

American International Group Inc. (NYSE:AIG) Receives Consensus Rating of "Buy" from Analysts
Community Financial News
American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and ...

 

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09/27/2016 01:06 AM

Dubai regulator fines insurer for sales outside permitted zone - International Adviser


International Adviser

Dubai regulator fines insurer for sales outside permitted zone
International Adviser
The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers outside the centre. Print · Dubai regulator fines insurer for sales outside permitted zone ...

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09/29/2016 08:46 PM

FASB Proposes Changing Standards for Insurance Contracts - Accounting Today


FASB Proposes Changing Standards for Insurance Contracts
Accounting Today
The new standard would also eliminate the use of an asset rate (that is, an insurance company's expected investment yield) to discount liability cash flows. Instead it would require cash flows to be discounted at a high-quality fixed-income instrument ...

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09/29/2016 05:19 AM

ICICI Prudential Life Insurance Company slips on debut - Business Standard


Business Today

ICICI Prudential Life Insurance Company slips on debut
Business Standard
ICICI Prudential is a joint venture between ICICI Bank and Prudential Corporation Holdings, a part of the Prudential Group, an international financial services group. The company is one of the first private sector life insurance companies in India. It ...
Nifty, Midcap remain higher; ICICI Prudential lists at Rs 329Moneycontrol.com

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