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National Insurance News

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01/26/2015 04:06 PM

Asia's Life Agents Sing to Sell Insurance - Wall Street Journal


Wall Street Journal

Asia's Life Agents Sing to Sell Insurance
Wall Street Journal
HONG KONG—When insurance agents in Indonesia try to “evoke a new spirit,” it isn't a religious matter. They are revving up to do battle for customers—in song. From Jakarta to Hong Kong, thousands of life-insurance agents use internal gatherings, such ...

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01/26/2015 05:19 PM

Lawmaker: Raise insurance requirements for Ariz. drivers - azcentral.com


Lawmaker: Raise insurance requirements for Ariz. drivers
azcentral.com
An estimated 10.6 percent of Arizona drivers don't have insurance, according to a new study by WalletHub.com, a Washington, D.C.-based consumer advocacy group. This fact, combined with lenient minimum liability insurance requirements, put Arizona ...

 

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01/26/2015 05:06 PM

Obamacare's insurance subsidies may cost less - STLtoday.com


Daily Mail

Obamacare's insurance subsidies may cost less
STLtoday.com
A report by the nonpartisan Congressional Budget Office (CBO) said insurance coverage would cost $964 billion from 2015 to 2024, $68 billion below its April 2014 projection, because of factors including lower-than-expected enrollment in federal and ...
Obamacare program costs $50000 for every American who gets health insuranceDaily Mail
CBO Predicts Slower Obamacare GrowthNational Journal

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01/26/2015 10:36 AM

Redmer Insurance Group to be sold as its president takes over as state ... - Baltimore Business Journal


Baltimore Business Journal

Redmer Insurance Group to be sold as its president takes over as state ...
Baltimore Business Journal
Redmer must sell the business because as insurance commissioner, he will oversee regulation of insurance rates. An ownership stake in a business that sells insurance policies would be a direct conflict. Redmer Insurance Group handles health, life and ...

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01/26/2015 11:49 AM

Brown, employee unions set to tangle over health insurance - Sacramento Bee


Sacramento Bee

Brown, employee unions set to tangle over health insurance
Sacramento Bee
A range of options are on the table, from cheaper insurance plans and smaller subsidies to extending how long new hires must work to qualify for retiree health benefits. If history is a guide, Brown will prevail, said Mike Genest, a Department of ...

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01/26/2015 03:37 AM

Three must-have insurance plans - The Detroit News


The Detroit News

Three must-have insurance plans
The Detroit News
Whether you are saving for retirement or a home, life's unexpected problems can quickly derail all your hard work. That's why having the right kind and amount of insurance is an important piece in any financial plan. Some insurance is mandatory, like ...

 

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01/26/2015 03:29 PM

Altering insurance: Texas lawmakers take aim at hailstorm claim litigation - San Antonio Business Journal


San Antonio Business Journal

Altering insurance: Texas lawmakers take aim at hailstorm claim litigation
San Antonio Business Journal
Hailstorm claims rarely seem to rise to the level of Hurricane Ike, but the insurance industry is agitated nonetheless over the slew of claims that ended up in court after major storms in Amarillo and McAllen. A new trend involves taking hailstorm ...

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01/26/2015 11:47 AM

Got Nest? Some insurance companies reward smart-home device owners - Digital Trends


Digital Trends

Got Nest? Some insurance companies reward smart-home device owners
Digital Trends
First, State Farm customers could get discounts on connected home-monitoring equipment from those brands, including smoke detectors and thermostats, which in turn could lead to 10 to 15 percent reduction on their home or renter's insurance. Right now ...
Got Nest? Insurance companies reward smart home adoptersITProPortal

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01/26/2015 03:04 PM

Mesirow buys Denver insurance firm - Crain's Chicago Business


Mesirow buys Denver insurance firm
Crain's Chicago Business
Mesirow Financial is buying a small, Denver-based health insurance services firm that will help it expand that business line outside of its home base in Chicago. The financial company with insurance, asset management and trading operations said in a ...

 

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01/26/2015 04:50 AM

Wilmington man sees insurance go up 120 percent - WRAL.com


WRAL.com

Wilmington man sees insurance go up 120 percent
WRAL.com
The state insurance commissioner last month ruled against any increase in homeowners' rates. The N.C. Rate Bureau, which represents insurers, sought an average 25.6 percent increase statewide and up to 35 percent in parts of the Wilmington area.
NC senator calls for update on insurance-rate lawJacksonville Daily News
Higher Insurance Rates For NC HomeownersWFDD

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International Insurance News

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01/23/2015 02:15 PM

AM Best Affirms Ratings of Houston International Insurance Group, Ltd.'s ... - Business Wire (press release)


AM Best Affirms Ratings of Houston International Insurance Group, Ltd.'s ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-” of Houston Specialty Insurance Company (HSIC) and its 100% reinsured subsidiary, Oklahoma Specialty ...

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01/26/2015 05:54 PM

Accident Support Services International Partners With Insurance Solutions ... - Marketwired (press release)


Accident Support Services International Partners With Insurance Solutions ...
Marketwired (press release)
The program incorporates powerful fraud deterrent measures and an efficient information management and communication system connecting the reporting centers and insurance company claims offices which provides extensive accident, vehicle damage, ...

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01/05/2015 11:57 AM

MICROCAPITAL BRIEF: International Finance Corporation (IFC) Sells Dai-ichi ... - MicroCapital


MICROCAPITAL BRIEF: International Finance Corporation (IFC) Sells Dai-ichi ...
MicroCapital
Dai-ichi Life Insurance Company (Dai-ichi Life) is a Japanese insurance company that was established in 1902 and is based in Tokyo. The organization offers life, property and casualty insurance as well as investment trust and related services. In ...

 

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01/16/2015 10:26 AM

Global insurance company to move subsidiary to Lehigh Valley - Lehigh Valley Business


Global insurance company to move subsidiary to Lehigh Valley
Lehigh Valley Business
American International Group Inc., a global insurance company headquartered in New York City, is moving a subsidiary of its company into the Lehigh Valley. American General Life Insurance, a company owned by AIG, will move about 20 sales employees to ...

 

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01/14/2015 09:45 PM

Trademark Application for "OXFORD LIFE INSURANCE COMPANY" Filed by U ... - Insurance News Net


Trademark Application for "OXFORD LIFE INSURANCE COMPANY" Filed by U ...
Insurance News Net
... by VerticalNews journalists, a trademark application has been made for " OXFORD LIFE INSURANCE COMPANY " by Stephen R. Winkelman , representing U-Haul International . This application was made available to the public on January 07, 2015 .

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01/25/2015 10:07 PM

LOUISE FAIRSAVE: Universal Life Insurance - Nation News


LOUISE FAIRSAVE: Universal Life Insurance
Nation News
Universal life policies are interest sensitive and the insurance company would tend to offer a guaranteed return on the savings component ranging between two and three per cent. The insurance company typically would invest the funds raised from such ...

 

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01/16/2015 01:35 PM

AM Best Withdraws Ratings of State Farm International Life Insurance Company ... - Business Wire (press release)


AM Best Withdraws Ratings of State Farm International Life Insurance Company ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has withdrawn the financial strength rating of A+ (Superior) and the issuer credit ratings of “aa” of State Farm International Life Insurance Company Ltd. (SFI) (Bermuda). The rating actions follow the ...

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01/08/2015 06:29 AM

World's Top 10 Insurance Companies - Investopedia


World's Top 10 Insurance Companies
Investopedia
Zurich Insurance Group, a Switzerland-headquartered global insurance company, was founded in 1872. Zurich Group, together with its subsidiaries, operates in more than 170 countries, providing insurance products and services. The core businesses of ...

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01/26/2015 09:08 AM

Cigna announces plans to buy N.J. managed care company QualCare, bringing ... - NJ.com


NJ.com

Cigna announces plans to buy N.J. managed care company QualCare, bringing ...
NJ.com
... large corporations, will maintain its name and health insurance and workers compensation offerings. Cigna, an international health and life insurance company, will sell policies alongside QualCare, and replicate QualCare's business model to other ...

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01/22/2015 08:10 AM

American International Group Inc. (AIG) Acquires Ireland's 2nd Largest Health ... - InvestCorrectly


Herald.ie

American International Group Inc. (AIG) Acquires Ireland's 2nd Largest Health ...
InvestCorrectly
The health insurance company also offers life, dental and travel insurance in addition to its health care plans. The merger could not have come at a better time as American International Group Inc. (NYSE:AIG) has operated in Ireland for over 40 years ...
Update: AIG - Laya Healthcare Acquisition Setting The Tone For 2015? (AIG)Seeking Alpha (registration)
AIG Agrees to Acquire Ireland's Laya HealthcareInsurance News Net

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