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National Insurance News

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10/01/2014 07:24 AM

Flood insurance refunds checks begin to go out Wednesday in Louisiana - WDSU New Orleans


WDSU New Orleans

Flood insurance refunds checks begin to go out Wednesday in Louisiana
WDSU New Orleans
The National Flood Insurance Program has made many changes while advancing the substitute amendment to the Homeowner Flood Insurance Affordability Act of 2014. FEMA officials say these reforms slow some flood insurance rate increases and offers ...
For those who overpaid flood insurance premiums, refunds start flowing on ...The Times-Picayune - NOLA.com
Flood insurance refund checks begin to go out todayThe Daily Advertiser
Breaking down flood insuranceInsurance News Net
NOLA Defender
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10/01/2014 04:22 AM

Freelancers Union ends low-cost insurance due to ObamaCare - New York Post


New York Times

Freelancers Union ends low-cost insurance due to ObamaCare
New York Post
The union for independent workers, which provides low-cost insurance to more than 25,000 members in New York state, decided to eliminate its insurance plan because new federal regulations would force it to increase premiums by 14 percent, according to ...
Freelancers Union to End Its Health Insurance Plans in New YorkNew York Times
Freelancers Union reaches deal with EmpireCrain's New York Business
Freelancers insurance evolves, again (and again)Capital New York
New York Business Journal
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10/01/2014 10:24 AM

Judge: No Obamacare subsidies through federal insurance marketplace - CBS News


CBS News

Judge: No Obamacare subsidies through federal insurance marketplace
CBS News
The Affordable Care Act suffered a fresh legal setback on Wednesday, when a federal judge in Oklahoma ruled that the federal government could not provide insurance subsidies to customers in states that declined to set up their own marketplaces under ...
Federal judge rules against ObamaCare insurance subsidies in Oklahoma caseFox News

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10/01/2014 05:43 PM

Consumer Group Sues Over Missouri Insurance Rates - ABC News


STLtoday.com

Consumer Group Sues Over Missouri Insurance Rates
ABC News
A Missouri consumer group announced Wednesday that it has sued the U.S. Department of Health and Human Services in the latest effort to obtain information used to justify the rates consumers will pay for insurance on the federally run online marketplace.
Missouri consumer group sues feds over health insurance rate informationSTLtoday.com
Consumer group sues over Missouri insurance ratefox2now.com

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09/30/2014 09:53 AM

Low-income drivers face higher auto insurance, even when they have clean ... - Washington Post


Businessweek

Low-income drivers face higher auto insurance, even when they have clean ...
Washington Post
For someone making $21,000 a year, paying $500 a year for auto insurance can be a struggle. Yet low-income families across the country are paying about that much for minimum coverage, even with clean driving records, according to the Consumer ...
Safe Drivers From Bad Neighborhoods Pay More for InsuranceBusinessweek
Some drivers often overcharged for car insuranceCBS News
Are Safe Drivers Paying More For Car Insurance?WDTV
Insurance News Net
all 18 news articles »
 

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09/30/2014 04:06 PM

Fed Seeks More Data From Insurance Companies on Postcrisis Rules - Wall Street Journal


PropertyCasualty360

Fed Seeks More Data From Insurance Companies on Postcrisis Rules
Wall Street Journal
WASHINGTON—The Federal Reserve said Tuesday it is seeking more data from insurance companies it oversees on how new postcrisis capital rules could affect those firms. The Fed sent the voluntary request to about 20 firms, a group that includes both ...
Fed to study insurance regulatory rulesPropertyCasualty360
Fed Adds to Insurance Industry Nightmare With Sweeping QueryMNI News

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10/01/2014 02:39 PM

​ CUNA Mutual selling crop insurance unit for $110M - Milwaukee Business Journal


​ CUNA Mutual selling crop insurance unit for $110M
Milwaukee Business Journal
CUNA assumed full ownership of the business known as ProAg in 2009 when the crop insurance marketplace provided for diversification during a tough time for the financial service industry. CUNA Mutual said the sale of the unit allows it to focus on ...

 

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10/01/2014 05:19 PM

Insurance Chief Shouldn't Go Quite So Far - Hartford Courant


Insurance Chief Shouldn't Go Quite So Far
Hartford Courant
State insurance Commissioner Thomas B. Leonardi is, as the old Ricky Nelson song goes, a travelin' man who has made a lot of stops all over the world. The question: Is his travel excessive? The Courant's Dave Altimari and Matthew Kauffman recently ...

 

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10/01/2014 02:52 PM

Texas governor candidates target homeowner insurance companies over high ... - Houston Business Journal


Texas governor candidates target homeowner insurance companies over high ...
Houston Business Journal
In fact, Texas had the third-highest premiums for homeowners insurance in the country, with an average annual premium of $1,578 in 2011, according to the National Association of Insurance Commissioners' homeowners insurance report released in ...

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10/01/2014 11:03 AM

CUNA Mutual to sell crop insurance business - Milwaukee Journal Sentinel


Insurance Business Review

CUNA Mutual to sell crop insurance business
Milwaukee Journal Sentinel
Five years after it acquired a crop insurance company as a way to diversify, CUNA Mutual Group said it is selling the unit for about $110 million in cash. Madison-based CUNA Mutual Group said it has an agreement to sell Producer's Ag Insurance Group, ...
HCC Insurance Eyes Crop Insurance with Acquisition of Producers AgInsurance Journal
HCC Insurance to Buy ProAg for $110 Million From CUNA MutualBloomberg
HCC Insurance Holdings Announces Entry Into Crop Insurance Business With ...CNNMoney
Houston Chronicle -Zacks.com
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International Insurance News

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09/25/2014 08:26 AM

20 Jobs for Dublin with AIG Insurance company - CareersPortal


20 Jobs for Dublin with AIG Insurance company
CareersPortal
AIG has announced the creation of its new EMEA Treasury Operations Centre in Dublin which is set to create 20 jobs. The Department of Jobs, through IDA Ireland is supporting the investment, with the International Financial Services Sector, an area that ...

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08/29/2014 08:24 AM

A.M. Best Assigns Ratings to Ally International Insurance Company Ltd. - Business Wire (press release)


A.M. Best Assigns Ratings to Ally International Insurance Company Ltd.
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of "bbb+" to Ally International Insurance Company Ltd. (Ally IICL), which is ultimately owned by Ally Financial, Inc. (Ally ...

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09/03/2014 12:55 PM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ... - Business Wire (press release)


Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ...
Business Wire (press release)
... and Everest Reinsurance Company, both members of Everest Re Group, Ltd., have announced an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance company partners ...

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09/08/2014 02:37 AM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ... - Insurance News Net


Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

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09/11/2014 12:14 AM

Specialty Insurance Group Partners with Everest Reinsurance Company to ... - Insurance News Net


Specialty Insurance Group Partners with Everest Reinsurance Company to ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

 

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09/29/2014 03:17 PM

China Life Insurance: Rising International Competition And Opaque Financials - Seeking Alpha (registration)


China Life Insurance: Rising International Competition And Opaque Financials
Seeking Alpha (registration)
Therein lies the opportunity for both LFC and its international competitors. As China and other Asian markets slowly become more sophisticated and developed over the next few decades, Chinese consumers will undoubtedly begin purchasing life insurance ...

 

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08/30/2014 04:16 AM

AM Best Assigns Ratings To Ally International - Bernews


AM Best Assigns Ratings To Ally International
Bernews
Rating company A.M. Best has assigned a financial strength rating of B++ [Good] and an issuer credit rating of “bbb+” to Ally International Insurance Company Ltd. [Ally IICL], which is ultimately owned by Ally Financial, Inc. [Ally Financial]. The ...

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09/11/2014 08:02 PM

American International Group: A Deep-Value Insurance Investment With Massive ... - Seeking Alpha (registration)


American International Group: A Deep-Value Insurance Investment With Massive ...
Seeking Alpha (registration)
The insurance company, which is an industry leader in property and casualty, as well as life insurance solutions, has launched a strong comeback with accompanying share buybacks, initiated a dividend and is now in the process of improving the ...

 

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09/30/2014 05:42 PM

HCC Insurance (HCC) Receives Rating Action from A.M. Best - Analyst Blog - DigitalJournal.com (blog)


HCC Insurance (HCC) Receives Rating Action from A.M. Best - Analyst Blog
DigitalJournal.com (blog)
The rating agency has affirmed the financial strength rating (FSR) at “A+” and the issuer credit ratings (ICR) at “aa” of the property and casualty companies in the Houston Casualty Group and HCC Life Insurance Company. At the same time, the FSR of ...

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09/24/2014 07:30 AM

Alex Evans Joins Wells Fargo Insurance's Risk Management and International ... - Business Wire (press release)


Alex Evans Joins Wells Fargo Insurance's Risk Management and International ...
Business Wire (press release)
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Insurance, part of Wells Fargo & Company (NYSE:WFC), has named Alejandra (Alex) Evans, senior vice president for its Risk Management and International business. Evans is responsible for collaborating ...

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