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National Insurance News

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11/20/2014 08:12 AM

Health insurance costs have nowhere to go but up - CBS News


PolitiFact

Health insurance costs have nowhere to go but up
CBS News
Its open-enrollment time for employers and their employees, the time when employees must choose a health insurance plan or confirm they'll remain on their current coverage for 2015. This is also the time when folks are eligible to purchase an ...
Why Should We Care About Universal Health Insurance Coverage?Forbes
Three things to do and you're ready for health insurance enrollmenteMaxHealth
Ed Schultz: 10.3 million people would lose insurance with Obamacare repealPolitiFact
The Gazette: Eastern Iowa Breaking News and Headlines -Boston Globe -Morrison County Record
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11/20/2014 06:28 AM

Climate change to increase flood, crop insurance losses - USA TODAY


USA TODAY

Climate change to increase flood, crop insurance losses
USA TODAY
WASHINGTON — Climate change could substantially increase losses in taxpayer-backed flood and crop insurance programs in coming decades, according to a new government report. The Government Accountability Office found that exposure to losses for ...

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11/20/2014 11:46 AM

Airbnb Rolls Out Million-Dollar Liability Insurance Program For Hosts - TechCrunch


TechCrunch

Airbnb Rolls Out Million-Dollar Liability Insurance Program For Hosts
TechCrunch
Airbnb today announced an additional liability insurance program that will provide U.S. hosts with up to $1 million worth of protection in the case a guest is accidentally injured anywhere in a host's building or on their property during their stay ...

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11/18/2014 10:45 PM

The Upshot|How Much Did Health Insurance Rates Go Up? It's Complicated - New York Times


New York Times

The Upshot|How Much Did Health Insurance Rates Go Up? It's Complicated
New York Times
Shortly after the numbers were released, think tanks, consultants and reporters all crunched the data to produce varying estimates of what's happening to insurance premiums in the new marketplaces. (The Upshot, of course, had its own take on the numbers.).
How much did health insurance rates increase? It's complicatedBend Bulletin

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11/19/2014 09:21 AM

State Insurance Chief To Leave Dec. 11 - Hartford Courant


The CT Mirror

State Insurance Chief To Leave Dec. 11
Hartford Courant
State Insurance Commissioner Thomas B. Leonardi, who led the department for nearly four years and traveled widely as an industry expert, is resigning to take a job with a New York investment firm. Leonardi, 60, is taking a job at Evercore Partners Inc ...
Evercore taps Connecticut Insurance head Leonardi as senior advisorThomson Reuters' peHUB (press release)
Insurance commissioner Leonardi stepping downThe CT Mirror
Connecticut Insurance Commissioner to Join EvercoreNew York Times
TheDay.com -WTNH
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11/20/2014 08:35 AM

Russian firms face huge insurance costs as foreign providers flee - Reuters


The Maritime Executive

Russian firms face huge insurance costs as foreign providers flee
Reuters
LONDON/MOSCOW, Nov 20 (Reuters) - Russian companies face billions of dollars in extra insurance costs as Western sanctions prompt foreign insurance firms to start pulling out, worried that any business they undertake is at risk from future measures and ...
Russian Firms Face Huge Insurance CostsThe Maritime Executive

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11/19/2014 05:35 AM

Lender-Paid Mortgage Insurance Pros, Cons | Bankrate.com - Bankrate.com


Bankrate.com

Lender-Paid Mortgage Insurance Pros, Cons | Bankrate.com
Bankrate.com
Are you looking to buy a home and hesitating since you still haven't accumulated an adequate down payment to avoid paying private mortgage insurance? You should explore the possibility of going the lender-paid mortgage insurance, or LPMI, route if that ...
Mortgage insurance: Your questions answeredWDIV Detroit

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11/20/2014 05:01 AM

What Does Genworth's Bad News Mean for the Future of Long-Term Care ... - Forbes


What Does Genworth's Bad News Mean for the Future of Long-Term Care ...
Forbes
Last week, Genworth Financial, the dominant player in the traditional long-term care insurance market, acknowledged it is continuing to struggle to keep the product afloat. The firm announced it increased its reserves against future insurance claims by ...

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11/19/2014 06:01 PM

What's the penalty for not having health insurance? - ConsumerReports.org


ConsumerReports.org

What's the penalty for not having health insurance?
ConsumerReports.org
As most people know, the Affordable Care Act says that all Americans must either have health coverage or pay a penalty for not having health insurance. Here's how that's going to work. In early 2015 people who had health insurance in 2014 will be ...

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11/20/2014 03:56 AM

LeapFrog buys majority stake in Kenya's Resolution Insurance - Reuters


Capital FM Kenya

LeapFrog buys majority stake in Kenya's Resolution Insurance
Reuters
LeapFrog, with over $500 million of assets under management, has small-ticket investments in companies providing insurance, savings, pensions and payments services. The firm said in September it has raised $400 million for socially responsible ...
LeapFrog to acquire majority stake in Resolution InsuranceCNBCAfrica.com
LeapFrog Set To Acquire East African Health Insurance Firm For $18mVentures Africa

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insurance news feeds
 

International Insurance News

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11/06/2014 01:43 PM

AM Best Removes Ratings of International Fidelity Insurance Company and Its ... - Business Wire (press release)


AM Best Removes Ratings of International Fidelity Insurance Company and Its ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with negative implications and affirmed the financial strength rating of A- (Excellent) and the issuer credit ratings of “a-” of International Fidelity Insurance Company (IFIC ...

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11/09/2014 11:25 AM

International insurance companies to enter Myanmar insurance market - The Nation


International insurance companies to enter Myanmar insurance market
The Nation
"AIA Insurance Company expects to work for long in Myanmar. AIA intends to enter the life and health insurance markets. Life insurance market is one with huge potential. As only a representative office is allowed to be opened right now, we are ready to ...

 

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11/19/2014 08:11 AM

Thomas B. Leonardi Agrees to Join Evercore as Senior Advisor - MarketWatch


Thomas B. Leonardi Agrees to Join Evercore as Senior Advisor
MarketWatch
Mr. Leonardi has nearly 40 years of experience as an investment banker, venture capitalist, attorney, and insurance company president, and is widely regarded as a leading expert on systemic risk, group supervision, and international regulatory issues.

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11/19/2014 01:18 PM

House Financial Services Subcommittee on Housing and Insurance Hearing - Insurance News Net


House Financial Services Subcommittee on Housing and Insurance Hearing
Insurance News Net
It is important to note that any standards adopted by the IAIS are not binding on the Federal Reserve, the FIO, state insurance regulators, or any U.S. insurance company. During the development of global standards for insurance firms by the IAIS, the ...

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11/16/2014 10:42 PM

Debub Global, Lucy Join Forces - The Reporter


Debub Global, Lucy Join Forces
The Reporter
The National Bank of Ethiopia (NBE), the country's regulatory body of the financial sector, has turned down the formal application lodged by Debub Global and Addis International banks to establish a sister insurance company while the former managed to ...

 

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11/08/2014 05:53 AM

Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ... - Seeking Alpha (registration)


Ageas - A European Insurance Company With A 43% Upside And 6% Dividend ...
Seeking Alpha (registration)
Creating a balanced portfolio of local and international assets is good for portfolio diversification, and there are some interesting and high-yielding opportunities in the European Union for investors seeking foreign exposure to solid income-producing ...

 

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11/20/2014 09:17 AM

FIO Focus, No.67 - Hearing on the Impact of International Regulatory Standards - JD Supra (press release)


FIO Focus, No.67 - Hearing on the Impact of International Regulatory Standards
JD Supra (press release)
Sullivan was asked whether the Federal Reserve was moving in the direction of allowing insurance company assets to be tapped to prop up a troubled depository institution in the same holding company. Sullivan stated the Federal Reserve is “not moving ...

 

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11/20/2014 11:54 AM

Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee - Insurance Journal


Russian Firms Face Huge Insurance Costs as Foreign Insurers Flee
Insurance Journal
Participants in the global credit risk market are based everywhere from London to New York, Bermuda and Singapore and may be exposed to up to $15 billion of Russian loans, van den Born said. Peter Jenkins, co-head of political and credit risk at Brit ...

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11/19/2014 06:24 AM

American International Group (AIG) Announces Quarterly Results - WKRB News


American International Group (AIG) Announces Quarterly Results
WKRB News
American International Group logo American International Group (NYSE:AIG) released its earnings data on Wednesday. The company reported $1.21 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.08 by $0.13, ...

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11/20/2014 02:26 PM

Bucks County District Attorney's office charges Upper Makefield resident with ... - Bucks Local News


Bucks County District Attorney's office charges Upper Makefield resident with ...
Bucks Local News
DOYLESTOWN (Nov. 19, 2014) – An Upper Makefield man was placed under arrest on Wednesday, charged with perjuring himself before two different judges in separate legal proceedings and costing the taxpayers of the Commonwealth “untold tens of ...

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