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National Insurance News

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06/27/2016 12:15 PM

Even With Private Insurance, Out-of-Pocket Costs for Hospital Visits Shot Up 37% - Bloomberg


Bloomberg

Even With Private Insurance, Out-of-Pocket Costs for Hospital Visits Shot Up 37%
Bloomberg
They include co-payments (a per-visit fee)​,​ deductibles (the amount that must be paid before insurance coverage kicks in), and co-insurance (the percentage of the hospital's charge people must pay​ even after insurance kicks in). A separate, 2013 ...
Hospitalized Americans with insurance are paying more and more of their own health care costsTyler Morning Telegraph

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06/27/2016 03:42 AM

Reward offered to help catch robbers who shot insurance agent - WSB Atlanta


WSB Atlanta

Reward offered to help catch robbers who shot insurance agent
WSB Atlanta
Insurance agent Emmanuel Turkson is offering a reward for information about the person who shot him during an attempted armed robbery at his office in March. Turkson and Fulton County police say there were three other witnesses, two clients who were ...

 

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06/27/2016 09:24 AM

China's biggest online marketplace is selling 'breakup insurance' for Taylor Swift's love life - Mashable


Mashable

China's biggest online marketplace is selling 'breakup insurance' for Taylor Swift's love life
Mashable
When it comes to Tay-Tay's love life, one day you're in and the next you're out, so you can never be too sure. Cashing in on Taylor Swift's latest unconfirmed relationship with actor Tom Hiddleston are several Taobao retailers who have started to sell ...
A Website Was Selling “Breakup Insurance” For Taylor Swift's Love LifeTeenVogue.com

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06/27/2016 12:02 PM

Heading to the hospital? Even with insurance, it may cost $1000 or more, study finds - EurekAlert (press release)


EurekAlert (press release)

Heading to the hospital? Even with insurance, it may cost $1000 or more, study finds
EurekAlert (press release)
Deductibles - the amount that patients pay for their care before their insurance kicks in - rose by 86 percent. Co-insurance -- a percentage of the cost of the hospital stay that insurance plans often expect patients to pay, but patients may not even ...

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06/27/2016 10:37 AM

Insurance shares hit after Brexit vote - Telegraph.co.uk


Telegraph.co.uk

Insurance shares hit after Brexit vote
Telegraph.co.uk
Shares in London-listed insurance firms have taken another tumble today as analysts try to judge the damage that Brexit could inflict on their customer base and investment portfolios. Insurance firms, while suffering less than the British banks in the ...

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06/27/2016 11:49 AM

Mayor: Let's settle on health-insurance issue - Plattsburgh Press Republican


Mayor: Let's settle on health-insurance issue
Plattsburgh Press Republican
PLATTSBURGH — The City of Plattsburgh is still hoping its retirees will consider an offer for a new health insurance plan in hopes of settling an ongoing dispute. "We are not trying to cut anybody's benefits," Mayor James Calnon told the Press-Republican.

 

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06/27/2016 04:04 AM

Brexit threatens Lloyd's London insurance market - Financial Times


Financial Times

Brexit threatens Lloyd's London insurance market
Financial Times
Lloyd's, the insurance market, is likely to be an early loser from the UK's vote to leave the EU, as the insurers that use its London hub prepare to shift some of their operations out of the country. London is a global centre for specialist commercial ...
What stays – and what goes – in global insurance industry following BrexitInsurance Business America
Post-Brexit uncertainty for re/insurance, low correlation highlightedArtemis.bm (blog)

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06/27/2016 01:46 PM

Cyber-security insurance becomes an important purchase - Buffalo Business First (blog)


Buffalo Business First (blog)

Cyber-security insurance becomes an important purchase
Buffalo Business First (blog)
If a business serves other companies, at some point it will be asked to sign documents acknowledging it has cyber insurance. That's according to John Jablonski, a partner at Goldberg Segalla who is the information security and privacy officer. He also ...

 

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06/26/2016 06:39 PM

Healthy Kids insurance plan to see changes - Naples Daily News


Healthy Kids insurance plan to see changes
Naples Daily News
On the other hand, one insurance plan for higher-income families who pay full premiums will have to switch because the plan, called Stars Plus, is being eliminated Dec. 31, according to program officials. In the seven-county region of Southwest Florida ...

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06/26/2016 09:02 AM

How (and why) to buy travel insurance - Boston.com


Boston.com

How (and why) to buy travel insurance
Boston.com
Picking the best travel insurance to buy for your coming vacation can be a daunting task, said Stan Sandberg, the co-founder of the trip insurance comparison site TravelInsurance.com. “There are literally hundreds of plans out there, and they are all ...

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insurance news feeds
 

International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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06/14/2016 11:59 PM

Canton insurance company appoints new officer - Wicked Local Canton


Canton insurance company appoints new officer
Wicked Local Canton
Canton-based Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer ...

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06/27/2016 08:57 AM

Waldorf Astoria To Close For Condo Rebuild In 2017: Reports - International Business Times


International Business Times

Waldorf Astoria To Close For Condo Rebuild In 2017: Reports
International Business Times
The Chinese insurance company's restoration plan calls for the closing down of the 1,413-room property in the spring for up to three years, the Wall Street Journal reported, citing people familiar with the matter. As many as 1,100 hotel rooms are set ...

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06/27/2016 12:04 PM

Shares of American International Group (NYSE:AIG) Sees Large Inflow of Net Money Flow - Trade Calls


Trade Calls

Shares of American International Group (NYSE:AIG) Sees Large Inflow of Net Money Flow
Trade Calls
American International Group, Inc. (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. Its various offerings include products ...

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06/23/2016 12:15 PM

China's Fosun International Pursues US IPO of Insurer Ironshore - Wall Street Journal


Wall Street Journal

China's Fosun International Pursues US IPO of Insurer Ironshore
Wall Street Journal
Fosun International Ltd. 0656 0.10 % said Thursday it had submitted an application with the Hong Kong stock exchange seeking approval for a spinoff and separate listing of the insurance company on either the New York Stock Exchange or Nasdaq.

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06/09/2016 01:18 PM

Boston Mutual Life Insurance Company appoints new officer - Wicked Local Canton


Boston Mutual Life Insurance Company appoints new officer
Wicked Local Canton
Boston Mutual Life Insurance Company, a national provider of insurance solutions for individuals and at the workplace, announced the appointment of Joseph W. Sullivan, J.D., as vice president, chief underwriting and product officer. ... Prior to ...

 

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06/01/2016 08:00 AM

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics - International Business Times


International Business Times

Will Cigna And Anthem Merge? How Health Insurance Companies Pump Money Into Politics
International Business Times
That age-old question is no abstraction when it comes to your healthcare premiums, as Cigna and Anthem Blue Cross Blue Shield are pushing to merge into the largest health insurance company in America. With consumer groups, physicians and hospital ...

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06/27/2016 04:57 AM

Kenyan Finance Minister Pushes Bank M&A to Force Rates Lower - Bloomberg


Bloomberg

Kenyan Finance Minister Pushes Bank M&A to Force Rates Lower
Bloomberg
“Almost 1 million customers per bank is way below the international norm of about 3 million customers per bank,” Rotich said in an interview June 24 in the capital, Nairobi. “Part of the reason why we have higher interest rates is many banks are ...

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06/27/2016 10:39 AM

Autohome Inc. Announces Appointment of New Directors and New Executive Officers - Nasdaq


Autohome Inc. Announces Appointment of New Directors and New Executive Officers
Nasdaq
From 2009 to 2014, Mr. Lu served as chairman and chief executive officer of Ping An Health Insurance Company of China, Ltd. He also served as chairman of YHD, one of the largest online retailers in China, from 2010 to 2012. ... of the Government of ...

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06/27/2016 10:37 AM

Old Republic International Corporation June 15th Short Interest Update - Market Digest


Old Republic International Corporation June 15th Short Interest Update
Market Digest
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 a number of regulated insurance company subsidiaries, which ...

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