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National Insurance News

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07/26/2016 11:49 AM

Chinese Buyers on Acquisition Spree Eye Insurance Firms - Wall Street Journal


Chinese Buyers on Acquisition Spree Eye Insurance Firms
Wall Street Journal
HONG KONG—For Chinese bidders shopping overseas there is a new must-have: an insurance company. The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All three of the leading bidders are ...

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07/26/2016 10:14 AM

Most long-term insurance care enrollees are eligible for little-known benefit - Washington Post


Washington Post

Most long-term insurance care enrollees are eligible for little-known benefit
Washington Post
Three-fifths of enrollees in the Federal Long Term Care Insurance Program who are facing steep premium increases will be eligible to invoke a little-known feature of the program that will allow them to stop paying premiums but still keep some coverage ...

 

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07/25/2016 08:24 PM

Single Mom's Search For Therapist Hampered By Insurance Companies - NPR


NPR

Single Mom's Search For Therapist Hampered By Insurance Companies
NPR
Yet when Dunnege logged onto her insurance website, Anthem Blue Cross, to find a therapist, she realized her copay for a mental health visit was going to be upwards of $75 – even though her copay for other medical appointments was less. "There's no way ...

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07/25/2016 06:52 PM

Should Your Small Business Offer Health Insurance? | MONEY - Time - Money Magazine


Money Magazine

Should Your Small Business Offer Health Insurance? | MONEY - Time
Money Magazine
Health insurance is expensive—and getting more so all the time. Does it make more sense for a small company to provide coverage (with employees paying ...
STATEMENT BY SENATOR JOHN McCAIN ON HEALTH CHOICE ...Insurance News Net
Reader's View: Don't blame Obamacare for health insurance costs ...Duluth News Tribune
David Kersten: Insurance hikes end honeymoon for ObamacareRedding Record Searchlight

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07/26/2016 03:28 PM

BBB Brief: Getting the best car insurance coverage - KY3


KY3

BBB Brief: Getting the best car insurance coverage
KY3
Report any damage to your insurance company right away. If you don't, your claim can be denied. If your vehicle is damaged during severe weather, call your agent first. He or she may be able to save you money on repairs through a specific list of ...

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07/26/2016 05:17 AM

Head of SD Stockgrower praises Supreme Court ruling on insurance - The Capital Journal


The Capital Journal

Head of SD Stockgrower praises Supreme Court ruling on insurance
The Capital Journal
A state district judge agreed with the insurance company based in DeSmet, South Dakota. But the state Supreme Court reversed that decision, agreeing with the Papouseks and their veterinarian that the heifers had died by drowning, in part, by inhaling ...
Stockgrowers Association "happy" with insurance coverage case rulingNewscenter1.tv

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07/26/2016 02:32 AM

Rowlett Tornado Victim Displays His Anger With Insurance Company - CBS Local


CBS Local

Rowlett Tornado Victim Displays His Anger With Insurance Company
CBS Local
ROWLETT (CBS11) – A Rowlett man, who lost his home in the December tornado, is making a dispute with his insurance company public, posting large banners on the now empty property. Michael Girouard spent $150 on three signs, reading “State Farm ...

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07/24/2016 10:16 PM

ObamaCare and Big Insurance - Wall Street Journal


Wall Street Journal

ObamaCare and Big Insurance
Wall Street Journal
Politicians tend to be most enraged by the problems they cause, and the liberal fury against insurance mergers is a classic of the genre. ObamaCare was designed to create government-directed oligopolies, but now its authors claim to be alarmed by less ...
Would a new round of insurance mergers include Centene?St. Louis Business Journal
Why pulling the plug on health insurance mergers was bound to happenThe Guardian
Insurance commissioner's role in Anthem-Cigna merger under fireInsurance Business America
Insurance Journal -The Westerly Sun
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07/26/2016 01:15 PM

The Bizarre Case of a Self-Sunk Pirate Ship Exposes How Insurance Companies Enable Illegal Fishing - Slate Magazine


Slate Magazine

The Bizarre Case of a Self-Sunk Pirate Ship Exposes How Insurance Companies Enable Illegal Fishing
Slate Magazine
What's particularly strange about this case is that the ship owner tried to collect insurance dollars for the Thunder, a pirate ship that had changed names, owners, and flags numerous times, and had been wanted by Interpol since 2013. The Thunder did ...

 

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07/26/2016 02:05 PM

Tips for Filing an Insurance Claim After a Hail Storm - Nasdaq


Nasdaq

Tips for Filing an Insurance Claim After a Hail Storm
Nasdaq
From 2010 to 2014, wind and hail damage – the most frequent of all homeowners insurance claims – cost an average of $8,041 per claim, according to the Insurance Information Institute (III). Keep yourself informed of the potential damage caused by hail ...

 

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International Insurance News

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07/25/2016 07:03 AM

Houston International Insurance Group Announces Senior Management Promotions - Insurance Journal


Houston International Insurance Group Announces Senior Management Promotions
Insurance Journal
Houston International Insurance Group (HIIG) announced senior management promotions for its holding company, property/casualty underwriting operations and other business units. Peter Smith has been promoted to president of the holding company and ...

 

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07/01/2016 05:55 PM

A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000 - Business Wire (press release)


A.M. Best Affirms Ratings of Markel International Insurance Company Limited and Lloyd's Syndicate 3000
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings of “a+” of Markel International Insurance Company Limited (MIICL) (United Kingdom) and Lloyd's Syndicate 3000 (United ...

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07/22/2016 11:05 AM

Why Form A Captive Insurance Company In Barbados‎ - Mondaq News Alerts (registration)


Why Form A Captive Insurance Company In Barbados‎
Mondaq News Alerts (registration)
Apart from Barbados' reputation as one of the premier holiday destinations in the world and its recognition as being among the top developing nations worldwide, the island has developed and enjoys a reputation as one of the world's leading ...

 

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07/01/2016 09:49 PM

A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ... - Business Wire (press release)


A.M. Best Assigns Ratings to Sirius Bermuda Insurance Company Ltd. and Affirms Ratings of Sirius International Group ...
Business Wire (press release)
Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the ICR of “a” of Sirius International Insurance Corporation (publ) (Sirius International) (Sweden) and its subsidiary, Sirius America Insurance Company (Sirius America) (New York, NY).

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07/26/2016 12:37 PM

Addison Capital Co Lowers stake in American International Group ... - Trade Calls


Addison Capital Co Lowers stake in American International Group ...
Trade Calls
American International Group Inc (AIG) : Addison Capital Co reduced its stake in American International Group Inc by 2.31% during the most recent quarter end.

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07/26/2016 11:49 AM

Chinese Buyers on Acquisition Spree Eye Insurance Firms - Wall Street Journal


Chinese Buyers on Acquisition Spree Eye Insurance Firms
Wall Street Journal
HONG KONG—For Chinese bidders shopping overseas there is a new must-have: an insurance company. The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All three of the leading bidders are ...

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07/11/2016 01:54 PM

Edelweiss gets nod from IRDA to set up insurance company in India - International Business Times, India Edition


International Business Times, India Edition

Edelweiss gets nod from IRDA to set up insurance company in India
International Business Times, India Edition
Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance company in India with the Insurance Regulatory and Development Authority of India (IRDAI) approving its registration application, as disclosed by Edelweiss ...

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07/26/2016 12:53 PM

Everest Re Selling Crop Insurer Heartland to CGB - Insurance Journal


Everest Re Selling Crop Insurer Heartland to CGB
Insurance Journal
Bermuda's Everest Re Group is selling its U.S. crop insurance company, Heartland Crop Insurance Inc., to CGB Diversified Services Inc., a crop insurance, transportation and storage firm in Illinois. Upon completion of the sale, Everest Re will provide ...
Everest Re Group Announces Strategic Alliance with CGB Diversified Services And the Related Sale of its Crop ...Business Wire (press release)

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07/11/2016 09:47 AM

SA wine company wins insurance bid - The Advertiser


The Advertiser

SA wine company wins insurance bid
The Advertiser
A SOUTH Australian wine maker has successfully sued its international insurance company for $250,000 after it refused to cover money lost when a US buyer failed to pay for wine it had ordered. Adelaide company Heath Wines took its US-based insurance ...

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07/18/2016 07:30 AM

Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe - Business Wire (press release)


Berkshire Hathaway Specialty Insurance Company Names Ulrich Kremer Head of Claims, Northern Europe
Business Wire (press release)
BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has expanded its Northern European operations, appointing Ulrich Kremer as Senior Vice President, Claims, Northern Europe. ... In Europe, the ...

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