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National Insurance News

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09/29/2016 03:59 AM

Not All Captive Insurance Risk Pools Are Created Equally - Forbes


Not All Captive Insurance Risk Pools Are Created Equally
Forbes
A “risk pool” is a device used by captive insurance companies to pool their risk with other, like captives, so as to attempt to meet the IRS's so-called “50% third-party insurance” test for risk distribution. The risk pool itself is usually an ...

 

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09/28/2016 05:58 PM

Health insurance giant Aetna will pay you to wear an Apple Watch - The Verge


The Verge

Health insurance giant Aetna will pay you to wear an Apple Watch
The Verge
Health insurance giant Aetna plans to make the Apple Watch cheaper to its customers. The company announced a partnership with the tech titan on Tuesday to create health initiatives exclusive to iOS devices. As part of the program, Aetna will make the ...
Aetna insurance will subsidize the Apple WatchCNNMoney
Your health insurance might score you an Apple WatchEngadget
Health Insurance Company Aetna Subsidizes Apple Watch To Boost Health And Wellness Of EmployeesTech Times
TIME -The Next Web -The Daily Dot -Bloomberg
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09/28/2016 07:50 AM

Is Online Insurance China's Next Big Money Maker? - Forbes


Forbes

Is Online Insurance China's Next Big Money Maker?
Forbes
China's technology scene has been making headlines since innovation became one of the government's main priorities in 2013. The latest news stories have focused on its social media “super” apps, such as WeChat, and its developments in electric vehicles.

 

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09/28/2016 08:56 PM

Income, Not Driving Record, May Determine Auto Insurance Cost - New York Times


Income, Not Driving Record, May Determine Auto Insurance Cost
New York Times
Some motorists with high incomes but bad driving records may pay less for car insurance than lower-income consumers with pristine records, a new analysis has found. Using websites for five major insurers in 10 big cities, researchers with the Consumer ...

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09/27/2016 08:09 PM

Quants Do the Math on a New Target: Insurance - WSJ - Wall Street Journal


Wall Street Journal

Quants Do the Math on a New Target: Insurance - WSJ
Wall Street Journal
Two Sigma Investments spent the last 15 years honing its quantitative approach to investing. Now, it's turning its number-crunching prowess on new prey: ...

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09/29/2016 12:35 AM

Insurance regulator wants more time to pursue back taxes - Washington Times


KRQE News 13

Insurance regulator wants more time to pursue back taxes
Washington Times
SANTA FE, N.M. (AP) - New Mexico's superintendent of insurance is pleading with state lawmakers for more time to recover unpaid taxes on insurance premiums and investigate one company, after an outside audit uncovered at least $193 million in ...
State superintendent of insurance vows to collect late taxesSanta Fe New Mexican

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09/29/2016 01:49 AM

State regulators may be taking action against defunct Portage insurance company - WWMT-TV


WWMT-TV

State regulators may be taking action against defunct Portage insurance company
WWMT-TV
PORTAGE, Mich. (NEWSCHANNEL 3) - Former customers of a local insurance company seem to be taking matters into their own hands. This comes months after the Newschannel 3 I-Team uncovered multiple complaints against the company when it abruptly ...

 

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09/28/2016 03:37 PM

N.J. Tiered Insurance Networks Had Single Biggest Lobbying Push of 2016 - Observer


Observer

N.J. Tiered Insurance Networks Had Single Biggest Lobbying Push of 2016
Observer
A new report from New Jersey's state Election Law Enforcement Commission shows that Horizon Blue Cross Blue Shield's controversial tiered insurance networks have generated the biggest single flurry of lobbying activity of 2016, behind only the state ...

 

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09/28/2016 10:59 PM

Attorney: 'Little chance' insurance will cover Beatrice 6 award - Lincoln Journal Star


Lincoln Journal Star

Attorney: 'Little chance' insurance will cover Beatrice 6 award
Lincoln Journal Star
Still, he said, supervisors could, “on a good-faith basis,” ask both the Risk Management Association and its prior insurance carrier to reconsider their refusals to pay the cost of defending the county in court and the judgment awarded by the federal jury.
Gage County Gets Update on Beatrice Six Insurance Coveragekwbe

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09/29/2016 03:48 AM

Emergency responders concerned about proposed health insurance costs - WAVE 3


Emergency responders concerned about proposed health insurance costs
WAVE 3
They tell us they can't afford a proposed spike in health insurance costs that would go into effect if the city's budget passes next month. Dozens of Evansville emergency responders told city's leaders: the proposed health insurance plan is too ...

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International Insurance News

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09/27/2016 12:12 PM

SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ... - Chester News


SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ...
Chester News
Manufacturers Life Insurance Company The who had been investing in Royal Bk Cda Montreal Que for a number of months, seems to be less bullish one the $90.16 billion market cap company. ... Cards and Payment Solutions (Canadian Banking), Caribbean and ...

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09/27/2016 01:06 AM

Dubai Regulator Fines Insurer For Sales Outside Permitted Zone ... - International Adviser


International Adviser

Dubai Regulator Fines Insurer For Sales Outside Permitted Zone ...
International Adviser
The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers ...

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09/23/2016 07:32 PM

Chubb Names Graham Fulcher Chief Actuary of its International ... - PR Newswire (press release)


Chubb Names Graham Fulcher Chief Actuary of its International ...
PR Newswire (press release)
NEW YORK, Sept. 23, 2016 /PRNewswire/ -- Chubb today announced that Graham Fulcher has been appointed Chief Actuary for Overseas General Insurance, ...

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09/27/2016 09:48 PM

Capital Fund Management S.A. Takes Position in American ... - BBNS


Community Financial News

Capital Fund Management S.A. Takes Position in American ...
BBNS
Capital Fund Management S.A. acquired a new position in American International Group Inc. (NYSE:AIG) during the second quarter, according to its most recent ...
Calamos Advisors LLC Decreases Position in American ...Community Financial News

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09/27/2016 07:00 PM

Insurance company wants out of child porn defamation suit - Kansas City Star


Insurance company wants out of child porn defamation suit
Kansas City Star
A federal judge has ruled that an insurance company is obligated to defend the ex-wife of serial political candidate Richard Korn in a defamation lawsuit he filed against her. Liberty Mutual argued that a homeowner's policy it issued to Magda Korn does ...

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09/22/2016 08:49 PM

BoG muzzles International Life's board - Kathimerini


BoG muzzles International Life's board
Kathimerini
The Bank of Greece has removed the executive powers of International Life's governing board, conceding the insurance company's full control to insurance administrator Ioannis Peristeris. By the same token, the central bank is extending the ban on the ...

 

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09/28/2016 12:52 AM

Old Republic International Corp. (ORI) Stake Raised by GW&K Investment Management LLC - Community Financial News


Community Financial News

Old Republic International Corp. (ORI) Stake Raised by GW&K Investment Management LLC
Community Financial News
Old Republic International Corporation is a holding company. The Company is engaged in business of insurance underwriting and related services. The Company conducts its operations through various regulated insurance company subsidiaries, which are ...

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09/28/2016 05:43 PM

DSE Wednesday session closes at 1509.99 points - Syrian Radio & TV Online


DSE Wednesday session closes at 1509.99 points
Syrian Radio & TV Online
The stocks of Syria and Overseas Bank, Syrian Kuwaiti Insurance Company, United Insurance Company, International Bank for Trade and Finance, Bemo Saudi Fransi Bank and Cooperative Union for Insurance closed at the same prices of the previous ...

 

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09/28/2016 09:54 AM

Mozambican insurer prepares introduction of agricultural insurance - Macauhub


Mozambican insurer prepares introduction of agricultural insurance
Macauhub
Mozambican Insurance Company Emose is considering the introduction of agricultural insurance, “a move that could help stimulate investment in the sector,” said recently the president of the company. Antonio Carrasco ... The president of Emose also said ...

 

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09/19/2016 02:06 PM

AXA Lowers Rates on Term Life Insurance Policies | Business Wire - Business Wire (press release)


AXA Lowers Rates on Term Life Insurance Policies | Business Wire
Business Wire (press release)
AXA announced changes to BrightLife® Term insurance product, including lower rates and easier processing.

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