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National Insurance News

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10/30/2014 07:17 PM

South Florida lawyers, chiropractors accused of insurance fraud - Sun Sentinel


WPTV

South Florida lawyers, chiropractors accused of insurance fraud
Sun Sentinel
Investigators with the Florida Department of Financial Services' Division of Insurance Fraud leave the Boca Raton law firm of attorney Cory Meltzer Thursday with boxes of evidence. The firm is accused of recruiting patients for insurance fraud. (Adam ...
5 arrested in area insurance-fraud schemeWPTV
At least five arrested in alleged car insurance fraud ringPalm Beach Post
Major insurance scam bust in Boca RatonWPBF West Palm Beach

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10/31/2014 03:32 AM

If renting, you may want to consider having insurance - Jackson Sun


Jackson Sun

If renting, you may want to consider having insurance
Jackson Sun
Some renters may mistakenly assume that the landlord's insurance will cover their possessions. On its website, I.I.I. says “While your landlord may be sympathetic to a burglary experienced or a fire caused by your iron, destruction or loss of your ...

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10/30/2014 07:24 PM

Huntsville insurance broker federally indicted in mail fraud scheme - AL.com


Huntsville insurance broker federally indicted in mail fraud scheme
AL.com
According to the indictment, Mullins, an independent insurance broker and owner of Mullins Insurance Agency, developed a scheme to change customers' mailing addresses to his home address without their knowledge. He is accused of causing a client ...
Huntsville insurance broker indicted on fraud chargesWAFF
Huntsville insurance broker indicted for defrauding customersWAAY

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10/29/2014 07:16 PM

California's Proposition 45 Would Offer Public a Say on Health Insurance Rates - New York Times


New York Times

California's Proposition 45 Would Offer Public a Say on Health Insurance Rates
New York Times
LOS ANGELES — A year after the federal Affordable Care Act took effect, California voters are now considering another major change to health care: a ballot measure that would give state officials the authority to veto health insurance rate increases ...
B.S. Alert: Health Insurance Robber Barons Spend $56 Million vs. Prop 45's ...Huffington Post
Field Poll shows voters turning on malpractice, insurance propositionsSFGate
Yes On 45 Supporters Deliver Steer Manure to Health Insurance CEOs at Nob ...Insurance News Net
OCRegister -Jefferson Public Radio -Los Angeles Times
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10/29/2014 05:11 PM

Oklahoma treasurer: Billions of dollars are unclaimed across U.S. from life ... - kfor.com


Oklahoma treasurer: Billions of dollars are unclaimed across U.S. from life ...
kfor.com
OKLAHOMA CITY – State leaders are debating just how far insurance companies should have to go to track down beneficiaries of life insurance policies. Oklahoma State Treasurer Ken Miller says that 99 percent of life insurance policies across the country ...

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10/30/2014 07:25 PM

Health insurance shock: Blue Cross N.C. sends 42000 the wrong rates, many ... - Charlotte Observer


Health insurance shock: Blue Cross N.C. sends 42000 the wrong rates, many ...
Charlotte Observer
Blue Cross and Blue Shield, the state's largest health insurer, said Thursday that about 42,000 customers around the state received insurance renewal letters with incorrect rates, some showing cost increases of more than 100 percent. The Chapel Hill ...

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10/31/2014 05:10 AM

11 Secret Ways to Save on Your Homeowners Insurance - DailyFinance


DailyFinance

11 Secret Ways to Save on Your Homeowners Insurance
DailyFinance
Getty Images You know you need homeowners insurance, but what you may not know is how many different types of discounts that your carrier offers. According to Bankrate.com, there are at least 11 types -- and chances are, most will be a surprise to you.

 

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10/30/2014 10:15 PM

Amy Dawson: "I love to sue insurance companies..." - Twin Cities Daily Planet


Amy Dawson: "I love to sue insurance companies..."
Twin Cities Daily Planet
The election of judges, and Amy Dawson is a candidate for the Hennepin County Bench Seat 61, is supposed to be about judicial philosophy, NOT political ideology. That comment, “I love to sue insurance companies” goes straight to judicial philosophy: it ...

 

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10/30/2014 01:41 PM

Jindal administration may have destroyed insurance records - Monroe News Star


Monroe News Star

Jindal administration may have destroyed insurance records
Monroe News Star
Bobby Jindal's administration may have improperly destroyed records in the state employee health insurance program, which is in the middle of a heavily criticized rewrite of benefit plans. Schedler, who oversees the archiving of state records, said the ...

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10/29/2014 11:06 PM

ACA Advertising in 2014 – Insurance and Political Ads - Kaiser Family Foundation


New York Times

ACA Advertising in 2014 – Insurance and Political Ads
Kaiser Family Foundation
According to Kantar Media's Campaign Media Analysis Group (CMAG), no other federal program or policy has resulted in the kind of advertising the ACA has caused, namely the combination of new insurance “product” advertising and sustained political ...
Some doctors wary of taking insurance exchange patientsUSA TODAY
Health insurance basics for open enrollmentStatesman Journal
Health insurance agencies are ramping up staffs for ObamaCare enrollment ...Sun Sentinel
U.S. News & World Report -Human Events -MainStreet
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insurance news feeds
 

International Insurance News

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10/14/2014 08:29 AM

Venetico Marine SA vs International General Insurance Company Limited and ... - Lexology (registration)


Venetico Marine SA vs International General Insurance Company Limited and ...
Lexology (registration)
The IRENE EM (the "Vessel") was insured for hull and machinery, increased value and anticipated costs of replacement under several fleet policies. The hull and machinery policies comprised five policies subscribed by the first 18 defendants, and under ...

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10/03/2014 12:21 PM

S/Leone insurance company wins international award - StarAfrica.com


S/Leone insurance company wins international award
StarAfrica.com
Sierra Leone's International Insurance Company (IIC) has won the Acquisition International Finance Award 2014 as best insurance company in the West African country.The UK-based Corporate Finance Awards body said the award was giving out solely on ...

 

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10/30/2014 09:05 AM

XL Group Unveils Enhanced Yacht Insurance - CNNMoney


XL Group Unveils Enhanced Yacht Insurance
CNNMoney
XL Group plc (NYSE: XL), through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout ...

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09/29/2014 03:17 PM

China Life Insurance: Rising International Competition And Opaque Financials - Seeking Alpha (registration)


China Life Insurance: Rising International Competition And Opaque Financials
Seeking Alpha (registration)
This leaves LFC with tremendous long-term growth opportunities, but it also means that international competitors are flocking to China and are eager to take a bite out of LFC's business. This growth opportunity combined with the ever-present need for ...

 

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10/30/2014 04:44 AM

Ebola Treatment Is Very Expensive - Businessweek


Businessweek

Ebola Treatment Is Very Expensive
Businessweek
Getting a clean bill of health took 13 days in the hospital and an estimated $110,000. Daily hospital care for Ebola can easily reach $8,500 per day, according to Lockton, a global insurance company in Kansas City, Mo.—$6,000 a day in an intensive ...

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10/29/2014 03:21 PM

Mayor: Boston Preparing for Climate Change - NECN


NECN

Mayor: Boston Preparing for Climate Change
NECN
And he said the city has entered a new arrangement with insurance company FM Global to suggest solutions to flooding, high wind and other risks to Boston's 33 largest buildings. The mayor promised his administration will release a more detailed report ...

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09/24/2014 07:30 AM

Alex Evans Joins Wells Fargo Insurance's Risk Management and International ... - Business Wire (press release)


Alex Evans Joins Wells Fargo Insurance's Risk Management and International ...
Business Wire (press release)
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has named Alejandra (Alex) Evans, senior vice president for its Risk Management and International business. Evans is responsible for collaborating ...

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10/30/2014 08:23 AM

Korean Regulators: Insurers Must Boost Capital to Prepare for Aging Population - Insurance Journal


Seattle Sports Nut

Korean Regulators: Insurers Must Boost Capital to Prepare for Aging Population
Insurance Journal
... such as subordinated bonds and hybrid notes.” The government is seeking to improve insurers' financial soundness to protect policyholders and to observe the core principles laid down by the International Association of Insurance Supervisors, the ...
Life insurer told to brace for 96-year life spansLifeHealthPro
Samsung Life told to brace for 96-year life spansChicago Daily Herald

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10/29/2014 02:18 PM

Climate-Savvy Investing: Insurance Sector Is Ignoring Risks & Rewards - Forbes


Forbes

Climate-Savvy Investing: Insurance Sector Is Ignoring Risks & Rewards
Forbes
The only life insurance company earning a top rating was Prudential, which designates sustainability and environmental issues as board-level responsibilities, and has a high-level task force working on climate change. Other bright spots: Boston ... The ...

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10/30/2014 04:46 PM

The Bailout Reunion Trial - Businessweek


Businessweek

The Bailout Reunion Trial
Businessweek
Long before the pioneering reality TV program The People's Court began adjudicating whose dog bit whom, the U.S. Court of Federal Claims acquired the nickname “the people's court.” Created in 1855, the specialized claims court hears suits seeking ...

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