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National Insurance News

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09/26/2016 08:40 PM

Study: Car insurance varies by income, not record - USA TODAY


USA TODAY

Study: Car insurance varies by income, not record
USA TODAY
Insurance companies often offer lower premiums to affluent drivers with a record of accidents or violations than moderate-income drivers with good records, according to a consumer study released Monday. But a trade group representing insurers called ...
Clean Driving Record? You May Be Paying More for Insurance Than Drunk DriversBloomberg BNA

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09/26/2016 10:05 PM

Providence, Premera reach insurance contract agreement - The Seattle Times


Providence, Premera reach insurance contract agreement
The Seattle Times
Providence Health & Services and Premera Blue Cross have ironed out a new health-insurance contract, averting a service disruption that could have affected more than 500,000 people in Washington. Providence and its partners, Swedish Health Services, ...

 

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09/26/2016 11:50 AM

AOL signs seven-figure VR ad deal with American Family Insurance - CNBC


CNBC

AOL signs seven-figure VR ad deal with American Family Insurance
CNBC
The deal, which a spokesperson for AOL said was worth seven figures, will leverage RYOT to create a branded video series, written articles, social media posts and 360-degree/VR videos in partnership with American Family Insurance and media agency ...
AOL and American Family Insurance Sign First-of-Its-Kind 360° and ...Business Wire (press release)

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09/26/2016 05:49 PM

5 Tech Forces That Will Change Insurance for Good - Singularity Hub


Singularity Hub

5 Tech Forces That Will Change Insurance for Good
Singularity Hub
Traditionally, insurance premiums are determined by actuaries, a function of big numbers, statistics and probabilities. That's what you have to do when you don't know what's really going on. You hope that the pool of insured individuals is big enough ...

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09/26/2016 03:50 PM

Transgender library insurance dispute goes to court - Cincinnati.com


Cincinnati.com

Transgender library insurance dispute goes to court
Cincinnati.com
She is asking the court to order the library to cover the cost of her gender reassignment surgery; prohibit Anthem from selling insurance plans that exclude coverage for transition-related care; and prohibit the library from carrying insurance that ...
Transgender woman sues library, insurance provider over surgery costWLWT Cincinnati

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09/26/2016 01:25 PM

California insurance commissioner proposes public option - Healthcare IT News


Healthcare IT News

California insurance commissioner proposes public option
Healthcare IT News
With major insurers retreating from the federal health law's marketplaces, California's insurance commissioner said he supports a public option at the state level that could bolster competition and potentially serve as a test for the controversial idea ...
CA Insurance Commissioner wants 'Public Option' Health PlanBreitbart News

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09/26/2016 04:09 AM

Ponderosa Insurance Introduces Self-Storage Property & Liability Program - Insurance Journal


Ponderosa Insurance Introduces Self-Storage Property & Liability Program
Insurance Journal
Ponderosa Insurance Agency has introduced a self-storage property and liability insurance available directly to U.S. self-storage operators that includes more coverage such as flood and California/Pacific Northwest earthquake. Ponderosa is a subsidiary ...

 

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09/26/2016 02:15 PM

Given rising costs, is long-term care insurance worth it? - The Boston Globe


The Boston Globe

Given rising costs, is long-term care insurance worth it?
The Boston Globe
They had received notice that their long-term care insurance premiums, purchased on the private market, are rising to a point they can no longer afford. Their policies were first taken out in 1999 and had a combined yearly premium of about $4,000. With ...
5 Insider Tips for Finding Affordable Long-Term Care InsurancemySanAntonio.com

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09/26/2016 01:30 PM

Ethiopia: Insurance Encouraging Smallholder Farmers - AllAfrica.com


Ethiopia: Insurance Encouraging Smallholder Farmers
AllAfrica.com
The agriculture sector is highly vulnerable to drought, weed and pests. Even to worse, in time of extreme weather condition, it would face great loss. Many agree that insurance coverage is away out for farmers from such problems. Accordingly, Micro ...

 

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09/26/2016 07:52 PM

FEMA payments may not come for some without flood insurance - The Gazette: Eastern Iowa Breaking News and Headlines


The Gazette: Eastern Iowa Breaking News and Headlines

FEMA payments may not come for some without flood insurance
The Gazette: Eastern Iowa Breaking News and Headlines
Those who received such a FEMA payment — which reached as much as about $28,000 for a homeowner in 2008 — and then renovated and stayed in their homes were required by federal law to obtain and maintain flood insurance on their property if the ...

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International Insurance News

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09/23/2016 07:32 PM

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


Chubb Names Graham Fulcher Chief Actuary of its International General Insurance Business
PR Newswire (press release)
23, 2016 /PRNewswire/ -- Chubb today announced that Graham Fulcher has been appointed Chief Actuary for Overseas General Insurance, the company's international general insurance business. He succeeds Michael Kessler, who was recently appointed Vice ...

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09/26/2016 05:31 PM

AIG executives visit Detroit to meet with nonprofits, entrepreneurs - Crain's Detroit Business


Crain's Detroit Business

AIG executives visit Detroit to meet with nonprofits, entrepreneurs
Crain's Detroit Business
Executives from the international insurance company American International Group Inc. will visit the Detroit Institute of Arts and meet with local entrepreneurs this week as part of their annual senior leadership offsite. More than 200 AIG executives ...

 

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08/28/2016 08:17 AM

AM Best affirms ratings of Jordan International Insurance Company - CPI Financial


AM Best affirms ratings of Jordan International Insurance Company
CPI Financial
A.M. Best affirms ratings of Jordan International Insurance Company. A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Jordan International Insurance Company (JIIC) (Jordan). The outlook for ...

 

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09/26/2016 04:50 PM

Fitch: Excess and Surplus Insurance Lines Will Outperform P/C Industry - Business Wire (press release)


Fitch: Excess and Surplus Insurance Lines Will Outperform P/C Industry
Business Wire (press release)
... 2011-2015 period include Alleghany Group; QBE North America; and Travelers Companies, Inc. Insurers with the worst and most volatile results are American International Group, Inc.; Fairfax Financial Holdings, Ltd.; and State National Insurance ...

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09/26/2016 08:52 PM

Insurance Company Announces Hiring Plans - Inside INdiana Business


Insurance Company Announces Hiring Plans
Inside INdiana Business
Indianapolis-based Renaissance Holding Co. is planning to add jobs. The insurance carrier says it wants to hire more than 80 new workers and convert 70 temporary staff to full-time. The jobs are mostly customer service and sales positions that ...

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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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09/26/2016 12:15 PM

Reg Filings: Sva Plumb Wealth Management LLC Trimmed American Intl Group INC Com Ne (AIG) Holding by $4.10 ... - Chester News


Reg Filings: Sva Plumb Wealth Management LLC Trimmed American Intl Group INC Com Ne (AIG) Holding by $4.10 ...
Chester News
American International Group, Inc. (AIG), incorporated on June 9, 1967, is an insurance company. The Firm provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to clients ...

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09/19/2016 02:06 PM

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


AXA Lowers Rates on Term Life Insurance Policies
Business Wire (press release)
NEW YORK--(BUSINESS WIRE)--AXA, a leading financial protection company, has announced changes to its BrightLife® Term insurance product, including lower rates and easier processing on an offering that already has some of the industry's best ...

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09/22/2016 11:53 PM

American International Group Inc. (AIG) Shares Sold by Cumberland Partners Ltd - The Cerbat Gem


The Cerbat Gem

American International Group Inc. (AIG) Shares Sold by Cumberland Partners Ltd
The Cerbat Gem
American International Group logo Cumberland Partners Ltd cut its position in shares of American International Group Inc. (NYSE:AIG) by 5.5% during the second quarter, according to its most recent disclosure with the SEC. The firm owned 473,292 shares ...
Shares of American International Group (AIG) Sees Large Outflow of MoneyTrade Calls
Pros Don't Lie: As American Int'l Group INC (AIG) Share Value Declined, Mayo Investment Advisers LLC Increased Its ...Chester News

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08/29/2016 02:40 PM

Navigators Appoints New Leadership for Claims Operations - Insurance Journal


Navigators Appoints New Leadership for Claims Operations
Insurance Journal
In addition in the International segment, Michael Phipps joined Navigators on August 22, 2016 as claims manager for Navigators International Insurance Co., the company's recently authorized U.K. domiciled insurance company. Phipps previously worked at ...

 

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