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National Insurance News

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02/27/2015 05:58 PM

City's insurance may not cover damage done to local home - Daily Astorian


Daily Astorian

City's insurance may not cover damage done to local home
Daily Astorian
The Hadleys' insurance investigator said the accident appears to have resulted in a broken fence and brick walkway, an undermined retaining wall, some shattered skirting and four support posts no longer in contact with floor joints. The structure now ...

 

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02/27/2015 03:15 PM

LI Woman Says Insurance Company Won't Pay Fire Claim Because She Owns A ... - CBS Local


CBS Local

LI Woman Says Insurance Company Won't Pay Fire Claim Because She Owns A ...
CBS Local
EAST ROCKAWAY, N.Y. (CBSNewYork) – A Long Island woman whose house was severely damaged in a fire alleges her insurance company refuses to pay her claim because she owns a pit bull. After Mary Grace O'Brien's home in East Rockaway was ...

 

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02/27/2015 08:51 PM

Undermining Children's Insurance - New York Times


New York Times

Undermining Children's Insurance
New York Times
Senior Republicans in Congress are seeking major changes to the Children's Health Insurance Program when the program's money runs out in September. Their proposal, labeled a “discussion draft” for legislation yet to be written, could deprive more than ...
The Next ACA Battle: Extending The Children's Health Insurance ProgramForbes

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02/28/2015 12:04 AM

Suburban Mother Denied Potentially Life-Saving Medical Device by Insurance ... - NBC Chicago


Suburban Mother Denied Potentially Life-Saving Medical Device by Insurance ...
NBC Chicago
A suburban mother living with Type 1 Diabetes said she is being denied a potentially life-saving medical device by her insurance provider. Amy Carbone of Palos Heights said she also has hypoglycemia unawareness, a complication of diabetes in which the ...

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02/24/2015 06:10 PM

Berkley: Google's Entry Into Auto Insurance Should Frighten Agents - Insurance Journal


Berkley: Google's Entry Into Auto Insurance Should Frighten Agents
Insurance Journal
That Google is getting into auto insurance should have the voice in the head of every agent who sells personal auto coverage saying: “Be afraid, be very afraid.” OK, that's not exactly how W.R. Berkley Corp. CEO William R. Berkley put it when speaking ...

 

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02/27/2015 07:36 PM

Health care, insurance PACS help fuel local legislators - Shreveport Times


Shreveport Times

Health care, insurance PACS help fuel local legislators
Shreveport Times
Those donating represent various politically-minded industries such as banking, health care and insurance. Under the state's campaign finance law, PACS are limited to giving $5,000 to major office candidates or committees and $2,500 to district office ...

 

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02/27/2015 06:18 PM

Waco consultant works to save seniors from high insurance premiums - Waco Tribune-Herald


Waco Tribune-Herald

Waco consultant works to save seniors from high insurance premiums
Waco Tribune-Herald
Waco resident Ken Stanfill recently came out of retirement on a quest to save local seniors from overpriced medical insurance. Stanfill, 67, made the decision after searching for Medicare supplemental insurance for himself and realizing the difficulty ...

 

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02/27/2015 02:41 PM

State may set up insurance catastrophe savings account - Jackson Clarion Ledger


Jackson Clarion Ledger

State may set up insurance catastrophe savings account
Jackson Clarion Ledger
Homeowners' on the Mississippi Gulf Coast saw their insurance shoot up significantly after Hurricane Katrina and it hasn't come down much. Now, there is a plan in the state Legislature to try to help them. House Bill 1134 set up a "catastrophe savings ...

 

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02/27/2015 08:11 PM

Gov. Scott Walker proposes shutting down state insurance coverage for cities ... - Madison.com


Gov. Scott Walker proposes shutting down state insurance coverage for cities ...
Madison.com
The program is managed by the state Office of the Commissioner of Insurance. Walker's budget specifies that "no insurance coverage may be issued" under the program after July 1 and no existing coverage may be renewed after Dec. 15, though those dates ...

 

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02/25/2015 08:02 AM

Here's how much a ticket will raise your insurance rates - KING5.com


KING5.com

Here's how much a ticket will raise your insurance rates
KING5.com
Splanger sells insurance in Seattle's Capitol Hill neighborhood. He says the percentages of rate increases are constantly changing, but overall, Washington state is below the nationwide average for insurance costs. However, if you're caught speeding, ...

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International Insurance News

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02/19/2015 12:22 PM

Everest Names Jonathan Zaffino as President of Everest National Insurance ... - Insurance News Net


Everest Names Jonathan Zaffino as President of Everest National Insurance ...
Insurance News Net
By a News Reporter-Staff News Editor at Insurance Weekly News -- Everest Re Group, Ltd. (NYSE:RE) announced that Jonathan M. Zaffino will be joining the Company as President of Everest National Insurance Company / U.S. Insurance Operations. Mr. Zaffino ...

 

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02/18/2015 06:04 AM

Everest Re appoints Zaffino - Royal Gazette


Everest Re appoints Zaffino
Royal Gazette
He replaces Daryl Bradley, who will move to a role building an international platform for the company's primary insurance market as head of international insurance operations. Mr Zaffino joins Everest from Victor O Schinnerer & Co Inc., one of the ...

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02/25/2015 04:48 AM

1st Cayman Portfolio Insurance Company Formed by Ascension Insurance - Insurance Journal


1st Cayman Portfolio Insurance Company Formed by Ascension Insurance
Insurance Journal
The first portfolio insurance company (PIC) has been formed in the Cayman Islands, as a direct result of new insurance regulations Cayman enacted in January to provide risk management alternatives for insurers incorporated as segregated portfolio ...

 

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02/27/2015 02:01 PM

Robert Benmosche dies; feisty chief executive of AIG insurance company - Washington Post


Los Angeles Times

Robert Benmosche dies; feisty chief executive of AIG insurance company
Washington Post
Robert Benmosche, the combative former chief executive of American International Group who led the insurer — once the world's largest — to repay a $182.3 billion taxpayer bailout, died Feb. 27 at a hospital in New York. He was 70. The cause was lung ...
Robert Benmosche, Rescuer of AIG, Dies at 70New York Times
Former AIG, MetLife Leader Benmosche Dies at 70Insurance Journal
Former AIG CEO Robert Benmosche Dies at Age 70Wall Street Journal (blog)
Insurance News Net -Rock Hill Herald (press release)
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02/23/2015 05:00 AM

Company Shares of American International Group Inc Rally 2.34% - Ashburn Daily


Company Shares of American International Group Inc Rally 2.34%
Ashburn Daily
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 ...

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02/08/2015 05:20 AM

International Experts evaluate Jordan International Insurance (JIIG) to be the ... - Zawya (registration)


Zawya (registration)

International Experts evaluate Jordan International Insurance (JIIG) to be the ...
Zawya (registration)
DUBAI: Jordan International Insurance Company JIIG (ASE: JIJC) was selected as the Best Insurance Company in Jordan by a panel of independent judges assembled by MENA Insurance Review, a leading industry publication. The panel evaluated ...

 

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02/11/2015 11:31 AM

HUB® International Northwest LLC Named Capital Insurance Group® Regional ... - PR Newswire (press release)


PR Newswire (press release)

HUB® International Northwest LLC Named Capital Insurance Group® Regional ...
PR Newswire (press release)
CIG manages personal, business, and agriculture risks underwritten by its affiliate companies: California Capital Insurance Company, Eagle West Insurance Company, Nevada Capital Insurance Company, and Monterey Insurance Company. Types of policies ...

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02/25/2015 12:53 AM

American International Group Sees Significant Decrease in Short Interest (AIG) - WKRB News


American International Group Sees Significant Decrease in Short Interest (AIG)
WKRB News
American International Group, Inc (NYSE: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 ...

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02/27/2015 11:07 AM

AM Best Affirms Ratings of American International Group, Inc. and Its US ... - MarketWatch


AM Best Affirms Ratings of American International Group, Inc. and Its US ...
MarketWatch
At the same time, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of American International Reinsurance Company Ltd. (AIRCO), a Bermuda-domiciled reinsurer. The outlook for ... National Union Fire Insurance Company of Pittsburgh, Pa.
AM Best Affirms Ratings of American International Group, Inc.'s Domestic Life ...Finances.com
AM Best Affirms Ratings of The Fuji Fire & Marine Insurance Company, Limited ...Rock Hill Herald (press release)
A.M. Best Affirms the Ratings of AIG Europe LimitedDigital Journal

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02/24/2015 01:20 PM

Shiekan Insurance Company Wins International Takaful Summit Prize - Sudan Vision


Sudan Vision

Shiekan Insurance Company Wins International Takaful Summit Prize
Sudan Vision
Khartoum – A Khartoum Insurance Company won the prize of the International Takaful Summit as the best symbiotic Company in Sudan. The International Takaful Summit which took place in London last week, selected Salah Addin Musa, the Managing ...

 

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