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National Insurance News

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04/01/2015 01:34 PM

3 vital facts about flood insurance cost hike - Asbury Park Press


Asbury Park Press

3 vital facts about flood insurance cost hike
Asbury Park Press
The Homeowner Flood Insurance Affordability Act of 2014, which goes into effect today, will include premium increases of up to 18 percent for primary homeowners and 25 percent for those who own vacation homes or rental properties. A new surcharge will ...
No Joke. Flood Insurance Rates Increase On April 1NPR
Flood Insurance Rates To Increase April 1 for Thousands of Homes Along U.S. ...The Weather Channel
No joke: New flood insurance premiums go into effect April 1WFLA
Palm Beach Post (blog) -WJXT Jacksonville -Insurance Journal
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03/31/2015 08:24 AM

China to Begin Deposit Insurance in May - Wall Street Journal


Wall Street Journal

China to Begin Deposit Insurance in May
Wall Street Journal
BEIJING—By moving to insure bank deposits at home, China's leadership has its eyes abroad. China on Tuesday detailed a plan to launch a deposit-insurance system in May, a long-awaited move that is aimed at better disciplining its lenders and their ...
China bank deposit insurance could tilt competitive landscapeReuters
With Deposit Insurance, China Promises ChangeSTRATFOR
China to Insure Deposits in Move Toward Scrapping Rate ControlsBloomberg
Xinhua -New York Times
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03/31/2015 01:55 PM

Uber and Auto Insurance: Regulators Weigh In - Wall Street Journal (blog)


Wall Street Journal (blog)

Uber and Auto Insurance: Regulators Weigh In
Wall Street Journal (blog)
State regulators are shining a spotlight on the potential insurance gaps associated with ride-sharing operations such as Uber and Lyft—even as some insurers are rolling out new policies intended to fill the gaps. On Tuesday, the National Association ...
Bill To Require Rideshare Companies To Carry InsuranceNorthwest Public Radio

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03/31/2015 11:33 AM

Jewelry Expert Testifies in $20M Insurance Fraud-Fires Case - ABC News


ABC News

Jewelry Expert Testifies in $20M Insurance Fraud-Fires Case
ABC News
A local GOP fundraiser charged in a $20 million insurance scheme after three mansion fires in five years cursed and discussed the Mafia while meeting with a jewelry appraiser about her claims, the appraiser testified Tuesday. Claire Risoldi's "salty ...
Jewelry expert testifies in hearing for Risoldis in $20M insurance fraud-fires ...Allentown Morning Call

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03/31/2015 11:01 PM

Health Insurance Coverage Discrimination: Mental Illness - U.S. News & World Report


U.S. News & World Report

Health Insurance Coverage Discrimination: Mental Illness
U.S. News & World Report
Under President Barack Obama's health care law, which aimed to end health insurance discrimination for mental health services, an estimated 62 million patients now have better coverage. But a new report from the National Alliance on Mental Illness ...
Mental Health Care: NAMI Report Finds Insurance Discrimination, Lack of ...Insurance News Net

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04/01/2015 02:43 PM

Doral Financial Seeks Sale of Insurance Unit - Wall Street Journal


Doral Financial Seeks Sale of Insurance Unit
Wall Street Journal
In a Tuesday filing with U.S. Bankruptcy Court in Manhattan, Doral said that without the sale, its Doral Insurance Agency unit would likely experience a “rapid and substantial decline” in value. A judge has set an April 9 hearing to consider the ...

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04/01/2015 09:10 AM

To Avoid Surprise Insurance Bills, Tell Exchange Plan When You Move - NPR (blog)


NPR (blog)

To Avoid Surprise Insurance Bills, Tell Exchange Plan When You Move
NPR (blog)
I purchased health insurance in Ohio through the marketplace in April. I then moved to Missouri and applied for marketplace coverage there that began in October. I had assumed that the Ohio marketplace would cancel my coverage there, but that didn't ...

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04/01/2015 04:04 PM

Yellen to allow public comments on insurance regs - The Hill


The Hill

Yellen to allow public comments on insurance regs
The Hill
Yellen wrote in response to Heller in an April 1 letter that "adoption of the [new regulations] will allow the Federal Reserve to tailor the design of the capital rules in a manner that takes into account the business model of insurance in an ...

 

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04/01/2015 10:37 AM

Pompano woman sold fake insurance policies to veterans, state says - Sun Sentinel


Sun Sentinel

Pompano woman sold fake insurance policies to veterans, state says
Sun Sentinel
Sands collected premiums from her clients and deposited the funds into bank accounts tied to her business, Universal Research Group Insurance Agency, but she failed to secure policies through a company licensed to transact insurance in the state of ...
Pompano Beach Insurance Agent arrested for selling fraudulent policies to ...FOX 4

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03/30/2015 08:52 AM

Driving without insurance? Police in Michigan can now tell just by running ... - MLive.com


MLive.com

Driving without insurance? Police in Michigan can now tell just by running ...
MLive.com
Bay County Deputy Josh Rytlewski sits in his patrol vehicle to demonstrate the in-car computer system. As of Wednesday, Nov. 12, police throughout the state can determine if a motor vehicle has insurance simply by running its license plate. (Yfat ...
Police officers in Michigan can see if you have car insurance before you show ...Michigan Radio
Police in Michigan use easy way to check vehicle insuranceUpNorthLive.com
Police use easy way to check vehicle insurancePort Huron Times Herald
The Detroit News
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International Insurance News

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03/31/2015 11:58 AM

S&P upgrades International General Insurance Company Ltd to A- (stable) - Insurance News Net


Captive Insurance Times

S&P upgrades International General Insurance Company Ltd to A- (stable)
Insurance News Net
HAMILTON, Bermuda --(BUSINESS WIRE)-- Standard & Poor's Ratings Services (S&P) has upgraded the financial strength ratings for International General Insurance Company Ltd (IGI) to “A-” with a stable outlook. The new rating, which was announced on ...
S&P Upgrades International General InsuranceBernews
You are here: HomeLatest newsS&P upgrades IGI after re/insurer outperforms ...Reactions (subscription)
IGI gets S&P upgrade and confirms Loucaides appointmentThe Insurance Insider (subscription)
Captive Insurance Times
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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 ...

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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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03/31/2015 05:02 PM

Colliers Finalizes Lease to Amica Mutual Insurance Company - Nevada Business Magazine


Nevada Business Magazine

Colliers Finalizes Lease to Amica Mutual Insurance Company
Nevada Business Magazine
LAS VEGAS – Colliers International – Las Vegas announced the finalization a lease to Amica Mutual Insurance Company. The approximately 12,451-square-foot office property is located at 2475 Village View Drive in Henderson, Nevada. Taber Thill, SIOR ...

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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 ...

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04/01/2015 05:01 AM

Belgium: Insurance company refuses to insure Jewish kindergarten - i24news


Belgium: Insurance company refuses to insure Jewish kindergarten
i24news
An insurance company in Belgium refused to ensure a Jewish kindergarten, claiming it is too risky amid recent growth of anti-Semitic attacks on Jewish institutions across Europe, the European Jewish Association reported on Wednesday. The General ...

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04/01/2015 09:44 AM

Allianz Closes Sale Of Fireman's Fund Personal Insurance - Insurance News Net


Allianz Closes Sale Of Fireman's Fund Personal Insurance
Insurance News Net
New York – April 1, 2015: Allianz Global Corporate & Specialty (AGCS) today announced the close of the sale of the Fireman's Fund Insurance Company (FFIC) personal lines insurance business in the United States, focused on high net worth customers, ...

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04/01/2015 04:08 PM

Globalization Under Attack, on the Soccer Field - New York Times


New York Times

Globalization Under Attack, on the Soccer Field
New York Times
That's why Tottenham's jerseys feature the logo of AIA, an Asian-based insurance company that doesn't even have offices in England. ... They get to watch better players and better games, and their hometown teams are among the giants of global soccer.

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