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National Insurance News

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12/18/2014 06:10 PM

Rideshare Drivers Still Cornered Into Insurance Secrecy - Forbes


Forbes

Rideshare Drivers Still Cornered Into Insurance Secrecy
Forbes
Even though insurance coverage for UberX and Lyft drivers has greatly improved over the last year, many drivers are still confused by mixed messages about when and what to tell their personal insurance providers. When Sarah, a Lyft driver from Los ...

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12/18/2014 09:28 PM

Insurance may not cover Sony's $100 million 'Interview' loss - New York Post


New York Post

Insurance may not cover Sony's $100 million 'Interview' loss
New York Post
Despite the cyber-terrorist hackers' threats of violence at theaters that showed the Seth Rogen and James Franco comedy, it would be hard to cash in on an insurance policy on terrorism claims, according to insurance consultant Eric Moody. The term “act ...
"The Interview" may turn into an insurance mess for SonyCBS News
Breach insurance might not cover losses at Sony PicturesCSO Online

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12/19/2014 06:47 AM

Senate fails to extend Terrorism Risk Insurance Act - The Real Deal Magazine (blog)


The Real Deal Magazine (blog)

Senate fails to extend Terrorism Risk Insurance Act
The Real Deal Magazine (blog)
The Terrorism Risk Insurance Act is currently set to expire on December 31, after the Senate was unable to pass an extension Tuesday night. The act provides a backstop for property insurers in case of a terrorist attack and is widely supported by the ...
Congressional Roadblock Upends Market for Terrorism InsuranceNew York Times
Terrorism insurance in jeopardy as Senate wraps upUSA TODAY
Terrorism insurance program set to expire after bill blocked in SenateFox News
PropertyCasualty360 -National Mortgage News
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12/19/2014 08:22 AM

Exclusive: India looks to sway Americans with nuclear power insurance plan - Reuters


Reuters

Exclusive: India looks to sway Americans with nuclear power insurance plan
Reuters
Under the plan, insurance would be bought by the companies contracted to build the nuclear reactors who would then recoup the cost by charging more for their services. Alternatively, state-run operator Nuclear Power Corporation of India (NPCIL) would ...

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12/18/2014 09:33 AM

Oregon star suffers knee injury, school paid for his draft insurance - NBCSports.com


Headlines & Global News

Oregon star suffers knee injury, school paid for his draft insurance
NBCSports.com
But Ekpre-Olomu did something wise before the season, something every prospect who returns to school should do: He got Oregon to pay for an insurance policy that could pay him up to $3 million if he slides in the draft. According to ESPN, Ekpre-Olomu ...
NCAA Football: Oregon Paid for Star CB's Draft InsuranceHeadlines & Global News
Ifo Ekpre-Olomu (knee) out for seasonESPN

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12/18/2014 11:33 AM

Deere to Sell Crop Insurance Unit to Farmers Mutual Hail - Bloomberg


Chicago Tribune

Deere to Sell Crop Insurance Unit to Farmers Mutual Hail
Bloomberg
XL Group Plc, HCC Insurance Holdings Inc. and Maurice “Hank” Greenberg's Starr Cos. are among companies that have bet on crop coverage to diversify insurance risks and benefit from the government backstop. XL in February 2014 acquired Global Ag ...
Deere sells crop insurance business to Farmers MutualDesMoinesRegister.com
Deere sells crop insurance businessQuad City Times
Farmers Mutual Hail to acquire John Deere's crop insurance armAgri-Pulse
Dubuque Telegraph Herald -Business Insurance
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12/19/2014 09:27 AM

This little-known report can hike your home insurance - MarketWatch


MarketWatch

This little-known report can hike your home insurance
MarketWatch
That's because most folks have never heard of a database that stockpiles this information that insurance companies turn to when pricing rates. And — maybe not so coincidentally — the acronym for it is CLUE, as in Comprehensive Loss Underwriting ...
Previous homeowner's claims may hike your insuranceSt. Louis Business Journal (blog)
New Report About How Insurance Companies Determine RatesKKTV 11 News

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12/19/2014 09:00 AM

5 Bay Area insurance brokers used fake applications to defraud company ... - San Jose Mercury News


5 Bay Area insurance brokers used fake applications to defraud company ...
San Jose Mercury News
SAN FRANCISCO -- Five Bay Area insurance brokers are facing up to 30 years in prison for allegedly submitting fake life insurance applications to collect more than $2.5 million in commissions, the U.S. Attorney's Office said Thursday. Alomkone "Alex" ...

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12/19/2014 09:27 AM

Full Story - WTVD-TV


Full Story
WTVD-TV
"The rates I have ordered are the result of the most thorough inspection of North Carolina homeowners insurance rates in more than 20 years," said Goodwin in a news release. "After considering all of the evidence and data available, I have determined ...
North Carolina Couple Charged with Insurance FaudInsurance Journal

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12/18/2014 10:21 PM

Governor's health-insurance plan needs pragmatism - The Daily News Journal


Governor's health-insurance plan needs pragmatism
The Daily News Journal
Gov. Bill Haslam may have succeeded in "threading the needle" in regard to expansion of health-insurance coverage in Tennessee. The governor is eschewing the term "Medicaid expansion," which is fine if the use of the term "Insure Tennessee" will allow ...

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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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12/04/2014 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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12/16/2014 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 ...
Coast man delivers for adventurous travellersThe Sunshine Coast Daily

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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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12/19/2014 02:09 AM

Allianz SE: Allianz to sell Fireman's Fund personal insurance business to ACE ... - The Wall Street Transcript


PropertyCasualty360

Allianz SE: Allianz to sell Fireman's Fund personal insurance business to ACE ...
The Wall Street Transcript
The move follows the decision by Allianz earlier in 2014 to reposition its property & casualty (P&C) insurance business in the US by integrating the Fireman's Fund Insurance Company (FFIC) commercial business into Allianz Global Corporate & Specialty ...
ACE to buy Fireman's Fund personal insurance business from AllianzPropertyCasualty360
Allianz to sell Fireman's Fund personal insurance business to ACECanadian Underwriter

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12/19/2014 08:11 AM

Hyundai Marine and Fire Insurance named official insurance supplier for ... - Insidethegames.biz


Hyundai Marine and Fire Insurance named official insurance supplier for ...
Insidethegames.biz
In addition, the insurance company has a vast wealth of experience working with international events and organisations, including the 2002 World Cup in South Korea and Japan, and Expo 2012 Yeosu, an international exposition aimed at identifying ways to ...

 

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12/18/2014 05:59 PM

Movers & Shakers: Bread & Roses nonprofit names Kentfield man as new ... - Marin Independent Journal


Movers & Shakers: Bread & Roses nonprofit names Kentfield man as new ...
Marin Independent Journal
The move follows the decision by Allianz earlier this year to reposition its property and casualty insurance business in the U.S. by integrating the Fireman's Fund Insurance Company commercial business into Allianz Global Corporate and Specialty, the ...

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12/19/2014 02:32 AM

Already 2 out of 28 Azerbaijani insurers are in 'technical bankruptcy' – with ... - Azerbaijan Business Center


Already 2 out of 28 Azerbaijani insurers are in 'technical bankruptcy' – with ...
Azerbaijan Business Center
For 2012 the leaders on compensation payments were as follows: Pasha Insurance (AZN 22.87 million), Azersigorta (AZN 11.77 million), Ateshgah Sigorta (AZN 9.429 million), International Insurance Company (AZN 6.4 million), A-Qroup (AZN 6.06 million), ...

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12/19/2014 12:10 AM

Amazon's cloud business a harder sell in post-Snowden era - Reuters


Reuters

Amazon's cloud business a harder sell in post-Snowden era
Reuters
SAN FRANCISCO/SEATTLE (Reuters) - This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video ... "The name Microsoft is helpful ...

 

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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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