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National Insurance News

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07/26/2016 10:26 PM

Insurance company founded by Trump relative will slash coverage - New York Daily News


New York Daily News

Insurance company founded by Trump relative will slash coverage
New York Daily News
An insurance company popular among Silicon Valley investors that was co-founded by the brother of Donald Trump's son-in-law announced Tuesday it is leaving thousands of its customers high and dry. Oscar insurance slashed its coverage in half — from ...

 

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07/26/2016 07:11 PM

Big news for Chicago-area Obamacare insurance exchange: Cigna seeks to join - Chicago Tribune


Chicago Tribune

Big news for Chicago-area Obamacare insurance exchange: Cigna seeks to join
Chicago Tribune
Cigna's arrival is some welcome news for consumers who face uncertainty over their 2017 Obamacare medical plans on the Illinois health insurance exchange. Insurers have struggled with rising medical costs under President Barack Obama's landmark ...
ObamaCare and Big InsuranceWall Street Journal
Would a new round of insurance mergers include Centene?St. Louis Business Journal
Ethics attorney says insurance commissioner never sought opinionMeriden Record-Journal
CBS Local -WNPR News
all 117 news articles »
 

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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 06:41 PM

NELA in good shape with insurance coverage, except flood - Monroe News Star


Monroe News Star

NELA in good shape with insurance coverage, except flood
Monroe News Star
The state of the insurance industry in northern Louisiana is fairly well with one exception, flood insurance. Louisiana Insurance Commissioner Jim Donelon gave that assessment as he made tour stops in the region Tuesday. A key topic Donelon addressed ...

 

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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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07/27/2016 03:52 AM

Kalihi residents' devastating flood damage may not be covered by insurance - KHON2


KHON2

Kalihi residents' devastating flood damage may not be covered by insurance
KHON2
Some residents tell us they had homeowners insurance, which they thought covered flood damage — but that's not the case. For flood victims on day two of the cleanup, it seems like they've hardly made any progress. “Washer and dryer was upside down.

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07/26/2016 11:01 PM

Personal liability insurance for Minneapolis cops is a lousy idea - Minneapolis Star Tribune


Minneapolis Star Tribune

Personal liability insurance for Minneapolis cops is a lousy idea
Minneapolis Star Tribune
Two weeks ago, a grass-roots group submitted enough certified signatures to place a measure on the November ballot that would require Minneapolis police officers to have personal liability insurance. Now City Council members must decide whether the ...

 

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07/26/2016 07:01 PM

Insurance Stocks: Trouble With the (Yield) Curve - TheStreet.com


Insurance Stocks: Trouble With the (Yield) Curve
TheStreet.com
Doing macroeconomic analysis is similar to the work a meteorologist does in trying to anticipate atmospheric trends and make projections of what the weather will be like in a certain place at a certain time. There are an infinite number of variables to ...

 

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07/26/2016 06:40 PM

Would you drive fewer miles for a lower insurance premium? - WOAI


WOAI

Would you drive fewer miles for a lower insurance premium?
WOAI
SAN ANTONIO - Aside from buying gasoline and making monthly payments, another major cost of owning a car is having insurance. Insurance can be costly. Most drivers will spend hundreds of dollars insuring their cars. Now, one insurance company ...
Your Driving Habits can Affect your Car Insurance RatesAuto Credit Express (blog)

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07/26/2016 06:05 PM

Finance Committee recommends "best option" for health care insurance - Herald-Whig


Finance Committee recommends "best option" for health care insurance
Herald-Whig
QUINCY -- Making another change in health care insurance could be the best option for the Quincy School District and its employees. The Finance Committee on Monday recommended the School Board shift coverage to Egyptian Trust, the lowest of five ...

 

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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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07/11/2016 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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07/27/2016 04:06 AM

DC, Prince George's log steep drop in car thefts - Washington Post


Washington Post

DC, Prince George's log steep drop in car thefts
Washington Post
[International theft rings steal hundreds of vehicles in D.C. area every year]. Eight of the ... Although the overall rate of car thefts has declined, the climbing cost of a vehicle means that the cost to an insurance company has gone up in the past 18 ...

 

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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 11:01 AM

Catalina to Buy Hartford Financial Products International ... - Insurance Journal


Hartford Courant

Catalina to Buy Hartford Financial Products International ...
Insurance Journal
Catalina Holdings (Bermuda) Ltd. announced its wholly owned subsidiary Catalina Holdings UK Ltd. has signed a definitive agreement to acquire Hartford Fina.
The Hartford To Sell UK P&C Runoff Subsidiaries To CatalinaHartford Courant
Catalina to acquire ExcessThe Insurance Insider (subscription)
Notable Mergers and Acquisitions 7/26: (EVER) (HIG) (TGNA) (SWHC)StreetInsider.com
RTT News
all 7 news articles »
 

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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 ...

and more »
 

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07/27/2016 01:30 AM

It's no surprise that motor insurance costs are rising in an industry that must bail out rivals - Irish Independent


Irish Independent

It's no surprise that motor insurance costs are rising in an industry that must bail out rivals
Irish Independent
The MIBI, funded by insurers, pays out claims for persons who are victims of uninsured or untraced drivers, while the Insurance Compensation Fund (ICF), has dealt with all insurance company insolvencies since 1964. The key element of both is the timing ...

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