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National Insurance News

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09/04/2015 04:52 PM

2 Miami women accused of insurance fraud, identity theft - Local 10


Local 10

2 Miami women accused of insurance fraud, identity theft
Local 10
Two women from Miami were arrested this week for allegedly using licensed insurance representatives' licenses to conduct more than $200,000 in fraudulent insurance transactions. The Florida Department of Financial Services' Division of Insurance Fraud ...

 

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09/04/2015 11:06 AM

CIMB seeks bids for Southeast Asia insurance distribution - Reuters


Reuters

CIMB seeks bids for Southeast Asia insurance distribution
Reuters
KL) has invited bids from insurers for an agreement to distribute their general insurance products in four Southeast Asian markets, a deal that could fetch it about $400 million, people with direct knowledge of the matter said. Malaysia's No. 2 bank ...
CIMB invites bids for insurance distribution deal: sourcesTHE BUSINESS TIMES

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09/04/2015 05:42 PM

County counts $2 million insurance savings - Chicago Tribune


County counts $2 million insurance savings
Chicago Tribune
"That's such a small difference that it's almost manageable," Urbanik said, since in past years, the county has underfunded insurance and had to come up with the money as the year ended, and the county doesn't have the extra money in the general fund ...

 

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09/04/2015 04:03 PM

Price to jump for most popular health plan on Maryland insurance exchange - Washington Post


CBS Local

Price to jump for most popular health plan on Maryland insurance exchange
Washington Post
The price of the most popular health plans sold through Maryland's insurance exchange will jump, on average, by about one quarter next year, fueling questions about whether health coverage under the Affordable Care Act will remain affordable in the ...
Maryland officials announce new health insurance ratesThe Olympian

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09/04/2015 04:30 PM

How an insurance company is trying to craft eyewear of the future - Engadget


Engadget

How an insurance company is trying to craft eyewear of the future
Engadget
Instead, I was in the West Coast home of The Shop, a think tank innovation lab run by VSP, the nation's largest provider of vision care insurance. It's a little odd to think about an institution as stodgy as your insurance company having its own ...

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09/04/2015 03:19 PM

Have insurance through healthcare.gov? Prepare for changes - LancasterOnline


LancasterOnline

Have insurance through healthcare.gov? Prepare for changes
LancasterOnline
Highmark Health, which has dominated the Affordable Care Act online health insurance marketplace in Pennsylvania, is changing course. The Pittsburgh-based nonprofit announced this week that after losing $318 million in the first half of this year on ...
Highmark sees surge in demand from newly insured, ...Pittsburgh Post-Gazette

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09/04/2015 12:30 PM

More states join the fight against “unfair” insurance tactics - Insurance Business America


Insurance Business America

More states join the fight against “unfair” insurance tactics
Insurance Business America
In a notice to carriers, state Insurance Commissioner Teresa Miller emphasized that all pricing practices must be based on risk factors. Current policyholders and applicants with identical risk profiles “must be charged the same premium,” she wrote ...
Pennsylvania Insurance Department Launches Facebook and Twitter PagesPR Newswire (press release)

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09/04/2015 12:25 PM

Cyber insurance market will be worth $10bn by 2020, but still vastly untapped - Insurance Business America


Insurance Business America

Cyber insurance market will be worth $10bn by 2020, but still vastly untapped
Insurance Business America
According to ABI Research, the market for cyber insurance is set to hit $10 billion by the year 2020. That's just a fraction of the total global insurance market, but the growth rate is striking, driven largely by the increase in costs associated with ...
Untapped cyber insurance market could grow to $10 billion in 5 yearsIFAwebnews.com

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09/04/2015 01:32 PM

Wisconsin legislative Democrats target health insurance rate increases with ... - Minneapolis Star Tribune


WSAW

Wisconsin legislative Democrats target health insurance rate increases with ...
Minneapolis Star Tribune
MADISON, Wis. — Democrats in the Wisconsin Legislature are pushing a bill designed to prevent large increases in health insurance rates, but it's doubtful Republicans who hold a majority and control the legislative agenda will get behind it. Democrats ...
Wisconsin Democrats target health insurance rates with billWBAY

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09/04/2015 05:16 AM

North Carolina Man Accused of Defrauding Insurance Companies - Insurance Journal


North Carolina Man Accused of Defrauding Insurance Companies
Insurance Journal
Department of Insurance criminal investigators accuse Barnhardt of receiving payment from Scottsdale Insurance Co. and the Hartford Accident and Indemnity Co. by means of false pretense. Investigators allege Barnhardt presented false and altered ...

 

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International Insurance News

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09/04/2015 05:17 PM

Large Outflow of Money Witnessed in American International Group, Inc. - Money Flow Index


Large Outflow of Money Witnessed in American International Group, Inc.
Money Flow Index
American International Group, Inc. (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 ...
Analysts Set American International Group Price Target at $68.14 (NYSE:AIG)Watch List News

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08/10/2015 02:15 PM

A.M. Best Assigns Ratings to Jordan International Insurance Company - Business Wire (press release)


A.M. Best Assigns Ratings to Jordan International Insurance Company
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of B+ (Good) and an issuer credit rating of “bbb-” to Jordan International Insurance Company (JIIC) (Jordan). The outlook assigned to both ratings is stable. The ratings ...

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08/12/2015 05:03 PM

Navigators Insurance Company Settles With US Sanctions Regulator - Mondaq News Alerts (registration)


Navigators Insurance Company Settles With US Sanctions Regulator
Mondaq News Alerts (registration)
issued global protection and indemnity ("P&I") insurance policies that provided coverage to North Korean-flagged vessels and covered incidents that occurred in or involved Iran, Sudan, or Cuba—some of which led to the payment of claims. In considering ...

 

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09/02/2015 01:29 PM

Cigna International to Sponsor Ministerial Summit At World Medical Tourism ... - MarketWatch


Cigna International to Sponsor Ministerial Summit At World Medical Tourism ...
MarketWatch
All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and ...
Cigna expanding sales to Africa with new expat productBusiness Wire (press release)

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08/27/2015 02:54 PM

The Fastest Growing Insurance Company in Ghana | Activa International Insurance - Marcopolis


Marcopolis

The Fastest Growing Insurance Company in Ghana | Activa International Insurance
Marcopolis
Marcopolis presents the Ghana Report focused on investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are agriculture, banking, energy, industry, telecom, IT ...

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09/04/2015 04:52 AM

Ace Limited Price Target Update - News Watch International


Ace Limited Price Target Update
News Watch International
Ace Limited (NYSE:ACE): 12 Analyst have given the stock of Ace Limited (NYSE:ACE) a near short term price target of $121.67. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, ...

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09/03/2015 01:45 PM

Morningstar Assigns BBB+ Credit Rating to American International Group (AIG) - Dakota Financial News


Morningstar Assigns BBB+ Credit Rating to American International Group (AIG)
Dakota Financial News
American International Group, Inc. (NYSE:AIG) is an insurance company. The Business supplies a wide selection of property casualty insurance, life insurance, retirement products, mortgage insurance along with other financial services. Its various ...

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08/11/2015 12:42 PM

XL Group plc To Acquire Leading Specialty Entertainment Insurer Allied ... - PR Newswire (press release)


Insurance Business America

XL Group plc To Acquire Leading Specialty Entertainment Insurer Allied ...
PR Newswire (press release)
... ("XL America"), has entered into a definitive agreement to acquire Allied International Holdings, Inc., the holding company of Allied Specialty Insurance, Inc. and T.H.E. Insurance Company, a leading insurer of the outdoor entertainment industry in ...
XL to Acquire Entertainment Insurance Firms Allied Specialty, THE CompanyInsurance Journal
XL Group to Buy Allied International; Hits 52-Week HighZacks.com

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09/04/2015 02:36 AM

The Travelers Companies, Inc. Price Target Update - News Watch International


The Travelers Companies, Inc. Price Target Update
News Watch International
The Financial, Professional and International Insurance segment includes surety and financial liability coverages, which primarily use credit-based underwriting processes, as well as property and casualty products that are marketed on a domestic basis.

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09/04/2015 11:43 AM

Allstate Corporation (The) Price Target Update - News Watch International


Allstate Corporation (The) Price Target Update
News Watch International
The Allstate Corporation (Allstate) is a holding company for Allstate Insurance Company. The Companys business is conducted principally through Allstate Insurance Company, Allstate Life Insurance Company and their affiliates. It is engaged, principally ...

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