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National Insurance News

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03/28/2015 07:11 PM

Rise in government insurance rates to mirror rising waters, flood debt - Washington Post


Tampabay.com (blog)

Rise in government insurance rates to mirror rising waters, flood debt
Washington Post
At her small beach house that sits in a flood zone, Nancy Loft-Powers worries. The prospect of rising water, she said, isn't what bothers her. It's the expected rise in the cost of her $7,500 yearly flood insurance. “My insurance is more than my ...
On April 1, homeowners will see flood insurance rates increaseTampabay.com (blog)
Beginning April 1, property owners to see subsidized flood insurance coverage ...Chicago Daily News

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03/30/2015 01:32 AM

Colleges getting out of health insurance business - Mid Columbia Tri City Herald


Mid Columbia Tri City Herald

Colleges getting out of health insurance business
Mid Columbia Tri City Herald
Some call it an inevitable result of health care reform and a money-saver for students since insurance in the marketplace is usually cheaper than the college plans. Others worry that more students will go without health insurance since their premiums ...

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03/29/2015 06:00 PM

Lawmakers should close car insurance loophole - MiamiHerald.com


MiamiHerald.com

Lawmakers should close car insurance loophole
MiamiHerald.com
For most of us, that answer is predicated on the notion that we already have our own insurance or on the false belief that rental car companies, in the end, will be financially responsible for any accident. After all, if we lend our car to a friend ...

 

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03/27/2015 03:04 PM

How & Why & When To Get Renters Insurance - Gothamist


How & Why & When To Get Renters Insurance
Gothamist
There are truly very few reasons to go through life without renters insurance. Many of us do it anyway, though, because we're devil-may-care rogues too busy feeling the wind in our hair/teeth to take a time out for something as lame and grandparent-ly ...

 

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03/28/2015 08:10 AM

The one time when being married may cost you less - CNBC


CNBC

The one time when being married may cost you less
CNBC
In the broad landscape of auto insurance, there are a host of issues that affect rates. But one surprising thing can be a driving factor behind paying less: Marital status. A new study from InsuraneQuotes.com concludes that being married could help you ...

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03/29/2015 09:15 AM

When it Comes to Life Insurance, This is the Company Consumers Trust Most - Motley Fool


Motley Fool

When it Comes to Life Insurance, This is the Company Consumers Trust Most
Motley Fool
There are few products as widely disliked as insurance. Few people I know enjoy the idea of prepaying -- whether it be for health insurance, car or home insurance, or life insurance -- for a crisis that might never happen. Yet insurance of all forms ...
When it Comes to Life Insurance, This is the Firm Consumers Trust MostChicago Daily News

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03/30/2015 01:37 AM

Fitch Rates Ageas Insurance Limited IFS 'A+'; Outlook Stable - Reuters


Fitch Rates Ageas Insurance Limited IFS 'A+'; Outlook Stable
Reuters
(The following statement was released by the rating agency) LONDON, March 30 (Fitch) Fitch Ratings has assigned UK insurer Ageas Insurance Limited (AIL) an Insurer Financial Strength (IFS) rating of 'A+', with Stable Outlook. KEY RATING DRIVERS Under ...

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03/27/2015 04:36 PM

Insurance stands to gain in Legislature's Uber, Lyft debate - Tampabay.com


Minneapolis Star Tribune

Insurance stands to gain in Legislature's Uber, Lyft debate
Tampabay.com
One bill being considered by lawmakers would set minimum requirements for insurance. Another, backed by Uber, would also stop cities and counties from taxing or interfering with ridesharing companies like itself and require background checks for drivers.
Uber, insurance companies strike a deal; legislation heads to floorMinneapolis Star Tribune
Ridebooking, insurance companies say they have safety dealKARE

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03/30/2015 01:50 AM

Coalition looks at insurance scheme to cut premiums in cyclone-prone areas - The Guardian


The Guardian

Coalition looks at insurance scheme to cut premiums in cyclone-prone areas
The Guardian
“The best long-term and sustainable way to reduce insurance premiums is to reduce the damage that extreme weather causes,” Whelan said. “Improving the resilience of homes and businesses in cyclone-prone regions has a direct impact on insurance.”.

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03/28/2015 10:32 AM

Is it ever OK to cancel your life insurance? - USA TODAY


USA TODAY

Is it ever OK to cancel your life insurance?
USA TODAY
Life insurance policies aren't always for life. Whether you have a whole life or a term policy, there are sometimes good financial reasons why you might decide to cancel it. Giving up a policy isn't an easy decision. Once people decide to buy life ...
High nursing home bills drive insurance rates upLongview News-Journal
Top long-term care insurer no longer selling policies in Mass.Boston Globe (subscription)
High nursing home bills squeeze insurers, driving rates upmySanAntonio.com
Al-Bawaba
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insurance news feeds
 

International Insurance News

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03/27/2015 07:43 AM

Fosun International Eyes Multiple Insurance Deals - Wall Street Journal


Wall Street Journal

Fosun International Eyes Multiple Insurance Deals
Wall Street Journal
Its largest purchase so far, according to Dealogic, has been Fidelidade Group, Portugal's largest insurance company, which it bought for $1.5 billion last year. It also bought a 20% stake in U.S. insurer Ironshore for about $463.8 million last year. In ...
Fosun CEO: In Exclusive Talks to Buy Five Insurance Firms in Europe, US, Asia ...Capital.gr (press release)

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03/30/2015 01:20 AM

International Insurance Company suddenly increased its assets - Azerbaijan Business Center


International Insurance Company suddenly increased its assets
Azerbaijan Business Center
Baku, Fineko/abc.az. International Insurance Company OJSC (IIC), the largest player of the free insurance market in Azerbaijan (the market without regulated compulsory kinds of insurance), has suddenly increased its assets. IIC informs that the audit ...

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03/23/2015 01:54 PM

Mapfre – global insurance company with presence in 47 countries, Malta included - Malta Independent Online


Malta Independent Online

Mapfre – global insurance company with presence in 47 countries, Malta included
Malta Independent Online
The Mapfre Group held its annual general meeting for its 2,450,000 shareholders in Madrid last Friday. Although the hall of the Palacio de Congresos y Esposiciones in Madrid was rather full, they were by no means all shareholders. Other shareholders ...

 

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03/04/2015 09:41 PM

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ... - BusinessKorea


BusinessKorea

Hanwha Life Emerges as Global Insurance Company 6 Years After Overseas ...
BusinessKorea
Hanwha Life Insurance, which is Korea's first life insurance company and symbolizes all Korean life insurance companies, has sequentially succeeded in entering the global markets of China, Vietnam, and Indonesia. Hanwha Life Insurance is the first ...

 

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03/27/2015 03:05 PM

American International Group: No Power To Move Higher? (AIG) - Seeking Alpha (registration)


American International Group: No Power To Move Higher? (AIG)
Seeking Alpha (registration)
Even though shares of the insurance firm are up 9.70% over the last twelve months, American International Group's shares don't excite shareholders. Shares of the insurance company have repeatedly failed to break the very strong resistance level at $56.

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03/19/2015 03:56 AM

International Insurance Company: changes in exchange rate of manat made no ... - Azerbaijan Business Center


International Insurance Company: changes in exchange rate of manat made no ...
Azerbaijan Business Center
Baku, Fineko/abc.az. It's already been a month since the Azerbaijani manat was devalued by 34% against the US dollar and the first effect of devaluation can now be estimated. According to the International Insurance Company, changes in the rate of the ...
TOP-10 Azerbaijani insurance companies provide over 83% of premiumsTrend News Agency

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03/29/2015 01:49 AM

American International Group Assigned BBB+ Credit Rating by Morningstar (AIG) - The Legacy


American International Group Assigned BBB+ Credit Rating by Morningstar (AIG)
The Legacy
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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03/28/2015 08:18 AM

Zacks Reaffirms "Hold" Rating for American International Group (AIG) - Dakota Financial News


Zacks Reaffirms "Hold" Rating for American International Group (AIG)
Dakota Financial News
American International Group, Inc (NYSE:AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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03/09/2015 05:53 AM

Great American Insurance Group to Launch Singapore Operation - Insurance Journal


Great American Insurance Group to Launch Singapore Operation
Insurance Journal
Great American Insurance Group announced its lead insurer, Great American Insurance Company, has received preliminary approval from the Monetary Authority of Singapore to establish a branch operation. It plans to begin underwriting risks once all pre ...

 

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03/23/2015 04:34 AM

Fosun International, China's Largest Holding Company, Pivots Abroad - The Epoch Times


The Epoch Times

Fosun International, China's Largest Holding Company, Pivots Abroad
The Epoch Times
The winning bid came from Fosun International Ltd., a Chinese investment holding company that, until recently, was little known in the West. With total assets of 313 billion yuan ($51 billion), Fosun is China's largest privately owned conglomerate.

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