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National Insurance News

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10/01/2014 04:22 AM

Freelancers Union ends low-cost insurance due to ObamaCare - New York Post


New York Times

Freelancers Union ends low-cost insurance due to ObamaCare
New York Post
The union for independent workers, which provides low-cost insurance to more than 25,000 members in New York state, decided to eliminate its insurance plan because new federal regulations would force it to increase premiums by 14 percent, according to ...
Freelancers Union to End Its Health Insurance Plans in New YorkNew York Times
Freelancers insurance evolves, again (and again)Capital New York
Union ending health insurance plans due to Obamacare costsNew York Business Journal

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09/30/2014 04:26 PM

For those who overpaid flood insurance premiums, refunds start flowing on ... - The Times-Picayune - NOLA.com


WDSU New Orleans

For those who overpaid flood insurance premiums, refunds start flowing on ...
The Times-Picayune - NOLA.com
WASHINGTON -- For those who overpaid flood insurance premiums, refunds will start flowing on Wednesday, according to the Federal Emergency Management Agency. The refunds are a result of congressional passage of legislation that modified a 2012 ...
Flood insurance refunds checks begin to go out Wednesday in LouisianaWDSU New Orleans
Flood insurance refund checks begin to go out todayThe Daily Advertiser
Breaking down flood insuranceInsurance News Net

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09/30/2014 09:53 AM

Low-income drivers face higher auto insurance, even when they have clean ... - Washington Post


Businessweek

Low-income drivers face higher auto insurance, even when they have clean ...
Washington Post
For someone making $21,000 a year, paying $500 a year for auto insurance can be a struggle. Yet low-income families across the country are paying about that much for minimum coverage, even with clean driving records, according to the Consumer ...
Safe Drivers From Bad Neighborhoods Pay More for InsuranceBusinessweek
Some drivers often overcharged for car insuranceCBS News
Are Safe Drivers Paying More For Car Insurance?WDTV
Insurance News Net
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09/30/2014 04:06 PM

Fed Seeks More Data From Insurance Companies on Postcrisis Rules - Wall Street Journal


PropertyCasualty360

Fed Seeks More Data From Insurance Companies on Postcrisis Rules
Wall Street Journal
WASHINGTON—The Federal Reserve said Tuesday it is seeking more data from insurance companies it oversees on how new postcrisis capital rules could affect those firms. The Fed sent the voluntary request to about 20 firms, a group that includes both ...
Fed to study insurance regulatory rulesPropertyCasualty360
Fed Adds to Insurance Industry Nightmare With Sweeping QueryMNI News

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10/01/2014 07:07 AM

Obamacare quirk makes childless people buy pediatric dental insurance - MarketWatch


MarketWatch

Obamacare quirk makes childless people buy pediatric dental insurance
MarketWatch
The law's confusing treatment of pediatric dental benefits forces childless people to buy separate pediatric dental insurance policies they will never use. And states' varying interpretations of the law require parents to take extra care to make sure ...

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10/01/2014 06:07 AM

California governor signs ridesharing insurance legislation - MSN Money


California governor signs ridesharing insurance legislation
MSN Money
Drivers under the new law must, during that timeframe, maintain primary liability insurance coverage of at least $50,000 per person and $100,000 per occurrence for death and personal injury, as well as $30,000 for property damage, her office said.

 

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10/01/2014 11:03 AM

CUNA Mutual to sell crop insurance business - Milwaukee Journal Sentinel


Insurance Business Review

CUNA Mutual to sell crop insurance business
Milwaukee Journal Sentinel
Five years after it acquired a crop insurance company as a way to diversify, CUNA Mutual Group said it is selling the unit for about $110 million in cash. Madison-based CUNA Mutual Group said it has an agreement to sell Producer's Ag Insurance Group, ...
HCC Insurance Eyes Crop Insurance with Acquisition of Producers AgInsurance Journal
HCC Insurance to Buy ProAg for $110 Million From CUNA MutualBloomberg
HCC Insurance Holdings Announces Entry Into Crop Insurance Business With ...CNNMoney
Zacks.com
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10/01/2014 10:08 AM

Marijuana Insurance Industry: How High Can It Go? - Insurance Journal


Marijuana Insurance Industry: How High Can It Go?
Insurance Journal
Editor's Note: This is the first in a series of articles on the the marijuana insurance industry to appear on InsuranceJournal.com. Upcoming stories will include reports on how medical marijuana could affect the workers' compensation market, potential ...

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10/01/2014 10:24 AM

Judge: No Obamacare subsidies through federal insurance marketplace - CBS News


CBS News

Judge: No Obamacare subsidies through federal insurance marketplace
CBS News
The Affordable Care Act suffered a fresh legal setback on Wednesday, when a federal judge in Oklahoma ruled that the federal government could not provide insurance subsidies to customers in states that declined to set up their own marketplaces under ...
Federal judge rules against ObamaCare insurance subsidies in Oklahoma caseFox News

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10/01/2014 08:36 AM

Obamacare's Illegal Insurance Company Bailout - Town Hall


Town Hall

Obamacare's Illegal Insurance Company Bailout
Town Hall
Americans hate insurance companies. They also hate bailouts. And they especially hate it when insurance companies get bailouts. But that is exactly what is going to happen next summer unless Republicans in Congress stand up and fight against President ...
Is There Anything Good About Obamacare?Forbes

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International Insurance News

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09/25/2014 08:26 AM

20 Jobs for Dublin with AIG Insurance company - CareersPortal


20 Jobs for Dublin with AIG Insurance company
CareersPortal
AIG has announced the creation of its new EMEA Treasury Operations Centre in Dublin which is set to create 20 jobs. The Department of Jobs, through IDA Ireland is supporting the investment, with the International Financial Services Sector, an area that ...

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08/29/2014 08:24 AM

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


A.M. Best Assigns Ratings to Ally International Insurance Company Ltd.
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of "bbb+" to Ally International Insurance Company Ltd. (Ally IICL), which is ultimately owned by Ally Financial, Inc. (Ally ...

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09/08/2014 02:37 AM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ... - Insurance News Net


Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

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09/03/2014 12:55 PM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ... - Business Wire (press release)


Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ...
Business Wire (press release)
... and Everest Reinsurance Company, both members of Everest Re Group, Ltd., have announced an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance company partners ...

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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)
Therein lies the opportunity for both LFC and its international competitors. As China and other Asian markets slowly become more sophisticated and developed over the next few decades, Chinese consumers will undoubtedly begin purchasing life insurance ...

 

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09/11/2014 12:14 AM

Specialty Insurance Group Partners with Everest Reinsurance Company to ... - Insurance News Net


Specialty Insurance Group Partners with Everest Reinsurance Company to ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

 

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09/30/2014 05:42 PM

HCC Insurance (HCC) Receives Rating Action from A.M. Best - Analyst Blog - DigitalJournal.com (blog)


HCC Insurance (HCC) Receives Rating Action from A.M. Best - Analyst Blog
DigitalJournal.com (blog)
The rating agency has affirmed the financial strength rating (FSR) at “A+” and the issuer credit ratings (ICR) at “aa” of the property and casualty companies in the Houston Casualty Group and HCC Life Insurance Company. At the same time, the FSR of ...

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09/30/2014 02:18 PM

Barrett: Western & Southern launching international hedge fund - Cincinnati Business Courier


Barrett: Western & Southern launching international hedge fund
Cincinnati Business Courier
He told the audience during his speech that Western & Southern has greatly expanded its private equity business since starting it in 1986 by investing $2 million. At the time, private equity was unheard of for an insurance company. “We put $2 million ...

 

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08/30/2014 04:16 AM

AM Best Assigns Ratings To Ally International - Bernews


AM Best Assigns Ratings To Ally International
Bernews
Rating company A.M. Best has assigned a financial strength rating of B++ [Good] and an issuer credit rating of “bbb+” to Ally International Insurance Company Ltd. [Ally IICL], which is ultimately owned by Ally Financial, Inc. [Ally Financial]. The ...

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09/11/2014 08:02 PM

American International Group: A Deep-Value Insurance Investment With Massive ... - Seeking Alpha (registration)


American International Group: A Deep-Value Insurance Investment With Massive ...
Seeking Alpha (registration)
The insurance company, which is an industry leader in property and casualty, as well as life insurance solutions, has launched a strong comeback with accompanying share buybacks, initiated a dividend and is now in the process of improving the ...

 

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