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National Insurance News

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12/17/2014 06:22 AM

Terrorism insurance program set to expire after bill blocked in Senate - Fox News


Fox News

Terrorism insurance program set to expire after bill blocked in Senate
Fox News
The Terrorism Risk Insurance Act has been the subject of considerable debate with some advocates warning of dire consequences if Congress fails to act, such as the cancellation of the Super Bowl. Others argue the free market would step in and take care ...
Terrorism Insurance Set to End After Senator's ObjectionsBloomberg
Terrorism insurance in jeopardy as Senate wraps upUSA TODAY
Terrorism Insurance Is Rejected in the SenateNew York Times
The Real Deal Magazine (blog) -Reuters -Milwaukee Business Journal
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12/17/2014 06:35 PM

Area health insurance costs quadruple - Green Bay Press Gazette


Green Bay Press Gazette

Area health insurance costs quadruple
Green Bay Press Gazette
Application counselor Shawn Powell, left, assists Donna Kiernan of Green Bay with her health care application process at St. Vincent Hospital. Kiernan previously was unable to afford health insurance. (Photo: Jim Matthews/Press-Gazette Media)Buy Photo.
Health insurance premiums up 4 percent in Wisconsin next yearMadison.com
Report: Madison will have lowest costs for health insurance in 2015WKOW

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12/17/2014 12:08 AM

Progressive buying majority stake of St. Petersburg's American Strategic Insurance - Tampabay.com


Tampabay.com

Progressive buying majority stake of St. Petersburg's American Strategic Insurance
Tampabay.com
“We've been working with Progressive for years and have achieved a great deal together,” says John Auer, CEO of American Strategic Insurance. The St. Petersburg homeowners insurance company, which is quickly expanding nationwide, is being bought by ...
Progressive Insurance Acquiring Homeowners Group ASI for $875MInsurance Journal
Progressive to Buy ARX to Challenge Allstate With Home InsuranceBloomberg

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12/17/2014 06:03 AM

Home Insurance Policies to Skip - TIME


TIME

Home Insurance Policies to Skip
TIME
Q: I just bought an $89-per-year insurance policy for our sewer pipe. My wife says these kinds of policies (of which I have quite a few) are a waste of money. What do you say? A: Well, if your sewer pipe cracks over the next 12 months, that's money ...

 

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12/16/2014 09:12 PM

Tom Coburn Blocks US Terrorism Insurance Bill In The Senate - Huffington Post


International Business Times

Tom Coburn Blocks US Terrorism Insurance Bill In The Senate
Huffington Post
The terrorism risk insurance program was originally enacted in 2002 after the 9/11 attacks caused the private market for terrorism insurance to collapse. It provides a government backstop for insurance companies in the event of catastrophic losses, and ...
GOP Senator Blocks Congress From Extending Terrorism Insurance Program ...International Business Times
Republican senator blocks terrorism insurance measureUSA TODAY

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12/16/2014 10:48 AM

Signing Up for Health Insurance, Even After Missing the Deadline - New York Times


Fox News

Signing Up for Health Insurance, Even After Missing the Deadline
New York Times
Consumers who missed the Monday deadline for enrolling in, or changing, an insurance plan on HealthCare.gov still have two months to act. But there may be some drawbacks to procrastinating. Monday, Dec. 15, was the deadline to buy or switch plans in ...
Federal, state health insurance sites brace for 2015 sign-up deadlineFox News
Call center wait won't stop Jan. 1 insurance coverageUSA TODAY
Another major deadline for health insurance sign-ups loomsPBS NewsHour
NOLA.com -WOODTV.com -CNBC
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12/17/2014 05:04 PM

Allen Kerr Named Insurance Commissioner; Sheila Sharp Retained as ... - Arkansas Business Online


KARK

Allen Kerr Named Insurance Commissioner; Sheila Sharp Retained as ...
Arkansas Business Online
Gov.-elect Asa Hutchinson says outgoing state Rep. Allen Kerr will be the new insurance commissioner, and Sheila Sharp will remain as director for the Department of Community Correction. Kerr has served six years in the state House of Representatives.
Governor-Elect Hutchinson Names Insurance CommissionerKARK
Gov-elect makes insurance, correction appointmentsKATV
Gov.-Elect Hutchinson Announces New Insurance Commissioner5newsonline.com
Arkansas Online -KUAR
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12/15/2014 06:10 AM

Just asking about an insurance claim can make your rate go up - Washington Post


Forbes

Just asking about an insurance claim can make your rate go up
Washington Post
Most people know that filing frequent insurance claims can lead to a spike in what they pay for coverage. But many probably don't realize that just asking an insurance agent about a potential claim can also affect rates — even if the claim is never filed.
Claim from previous homeowner could jack up your insurance ratesCBS News

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12/17/2014 04:10 PM

Guest column: Health insurance premiums poised to spike in 2017 - The Advocate


Washington Times

Guest column: Health insurance premiums poised to spike in 2017
The Advocate
The law contains two programs that will expire at the beginning of that year: “Risk corridors” and “re-insurance.” Both programs conceal health insurance's true costs — costs that truly have skyrocketed thanks to the ACA's mandates and regulations.
Can My Husband Buy His Own Plan on the Health Insurance Marketplace?Forbes
Health insurance kvetch-fest coming to NYCCrain's New York Business
Last Day to sign up for Affordable Health Insurance, Dec. 18thBay Net
NewsOK.com -San Antonio Express-News
all 244 news articles »
 

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12/16/2014 11:15 PM

Heights working to decrease insurance costs - The Newark Advocate


Heights working to decrease insurance costs
The Newark Advocate
Licking Heights is adopting a new health insurance plan to cut annual costs. The plan could include forming a consirtium with surrounding districts. The district's health insurance costs have increased by 17, 17 and 18.5 percent in recent years.

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International Insurance News

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12/15/2014 02:33 AM

The International Insurance Company acknowledged as “the Insurance ... - Azerbaijan Business Center


The International Insurance Company acknowledged as “the Insurance ...
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Insurance Company OJSC has been acknowledged as “the Insurance Company of the year” in Azerbaijan. According to IIC, presentation of awards took place last week in Baku. The Company regarded such award as ...

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12/16/2014 11:35 PM

Queensland businessman starts up new, Australian owned and operated global ... - PRWire (press release)


Queensland businessman starts up new, Australian owned and operated global ...
PRWire (press release)
For managing director, Tony Venning it was in late 2013, when, after a 20 year career working in London, Melbourne and Sydney for major international insurance company, JLT he decided to go it alone. Two months ago (September 2014) Tony started his ...

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12/04/2014 04:56 PM

Insurance giant Hub International bullish about growth in Sacramento - Sacramento Business Journal


Sacramento Business Journal

Insurance giant Hub International bullish about growth in Sacramento
Sacramento Business Journal
Hub International aims to expand business from its new Sacramento operation, sources say. The global insurance company announced Tuesday that it bought John O. Bronson Co. But local folks will continue to call most of the shots. "That's why we agreed ...

 

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12/17/2014 01:31 AM

IIC named top insurance company of the year - CISTran Finance


IIC named top insurance company of the year
CISTran Finance
The International Bank of Azerbaijan (IBA) said its subsidiary International Insurance Company (IIC) was named the country's top insurer on Monday. IIC representatives accepted the honor at the Consulting & Business Magazine awards event held at the ...

 

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12/17/2014 11:56 AM

guard.me donates CAN$500k to int'l student support - The PIE News


guard.me donates CAN$500k to int'l student support
The PIE News
International education contributes CAN$8.5 bn to the Canadian economy but support for international students' services is not keeping up with the demand,” CEO Keith Segal told The PIE News. “That is why guard.me International Insurance is ...

 

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12/17/2014 03:47 PM

Craig Kelbel to Retire From HCC Insurance Holdings, Inc. - GlobeNewswire (press release)


Craig Kelbel to Retire From HCC Insurance Holdings, Inc.
GlobeNewswire (press release)
17, 2014 (GLOBE NEWSWIRE) -- HCC Insurance Holdings, Inc. (NYSE:HCC) today announced that Craig J. Kelbel, Executive Vice President, Accident & Health and President and Chief Executive Officer of HCC Life Insurance Company (HCC Life), will retire ...

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12/17/2014 12:10 PM

Regulators Push US Insurers on Climate Change Risk - Institutional Investor


Institutional Investor

Regulators Push US Insurers on Climate Change Risk
Institutional Investor
Its 2013 Financial Condition Examiners Handbook includes guidance on the questions insurance company examiners should ask about the blows that climate change could deliver to solvency. Kreidler says his NAIC working group is also encouraging ...

 

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12/17/2014 04:53 PM

Byron Way named COO of HIIG - The Insurance Insider (subscription)


Byron Way named COO of HIIG
The Insurance Insider (subscription)
Houston International Insurance Group (HIIG) has promoted Byron Way to executive vice president and COO of the group. The executive has been with the Stephen Way-led US specialty insurer since its launch in 2007, and the father and son duo previously ...

 

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11/20/2014 01:41 PM

International Insurance Regulation - Insurance News Net


International Insurance Regulation
Insurance News Net
It is important to note that any standards adopted by the IAIS are not binding on the Federal Reserve, the FIO, state insurance regulators, or any U.S. insurance company. During the development of global standards for insurance firms by the IAIS, the ...

 

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12/17/2014 10:53 AM

Insurance companies welcome NIC directive - Citifmonline


Insurance companies welcome NIC directive
Citifmonline
According to the Managing Director of Activa international Insurance Company Ghana Limited Steve Kyermanten “This arrangement will help local insurance companies to acquire underwriting skills and even capacity over a period of time. At a point in time ...

 

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