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National Insurance News

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07/01/2016 12:01 PM

Three reasons for rising health insurance premiums - The Tennessean


The Tennessean

Three reasons for rising health insurance premiums
The Tennessean
Tennessee marketplace consumers may experience some sticker shock when they try to sign up for health insurance plans during open enrollment this year. Carriers in the state have requested premium rate increases with the Tennessee Department of ...
Oregon announces health insurance rate decisionsStatesman Journal
Is the health insurance balloon about to pop?Employee Benefit Adviser (registration)
Letter: Put focus on making health insurance truly affordableThe Dickinson Press
New York Times
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07/01/2016 11:32 AM

So-Called 'Hiddleswift' Break-Up Insurance Is Shut Down - NPR


So-Called 'Hiddleswift' Break-Up Insurance Is Shut Down
NPR
July 1, 20167:31 AM ET. Heard on Morning Edition. China's online marketplace Taobao had been issuing insurance policies to protect against a Taylor Swift-Tom Hiddleston split. Alibaba, which owns Taobao, put an end to the policies. Facebook; Twitter.

 

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07/01/2016 09:04 AM

Catastrophic Insurance Could Help With Long-Term Care Expenses: Studies - Kaiser Health News


Kaiser Health News

Catastrophic Insurance Could Help With Long-Term Care Expenses: Studies
Kaiser Health News
Researchers at the Urban Institute have been examining the spending tradeoffs between two public long-term care insurance programs: a catastrophic plan and a short-term plan that would pay benefits up front. Both would be financed through a payroll tax.

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07/01/2016 04:16 AM

Couple says change in insurance caused deadly delay in cancer treatment - KMOV.com


KMOV.com

Couple says change in insurance caused deadly delay in cancer treatment
KMOV.com
(KMOV.com) – A couple says they may soon have to say their final goodbyes because their insurance policy had to change which caused delays in receiving treatment for the husband's cancer. George Helden is an oral surgeon. He says him and his wife, ...

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07/01/2016 05:43 AM

Cleveland's Insurance Bill for GOP Convention: $9.5M - Insurance Journal


Fox News Latino

Cleveland's Insurance Bill for GOP Convention: $9.5M
Insurance Journal
A city of Cleveland panel has authorized spending nearly $10 million to purchase $50 million in insurance to protect the city against claims during the Republican National Convention after a consultant concluded the city faces a higher risk than ...
Cleveland doling out nearly $10 million for insurance ahead of GOP conventionFox News Latino
Cleveland Takes Out $50 Million "Protest Insurance" Policy For RNCReason (blog)
Cleveland takes out $50M insurance policy for conventionThe Hill (blog)
cleveland.com -Washington Examiner
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06/29/2016 11:00 PM

US Probes Chinese Ownership of CIA-Linked Insurance Company - Newsweek


Newsweek

US Probes Chinese Ownership of CIA-Linked Insurance Company
Newsweek
Updated | Federal investigators are taking a close look at the Chinese ownership of an American insurance company that has been selling legal liability insurance to senior CIA, FBI and other intelligence officials and operatives for decades. The ...

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07/01/2016 12:45 PM

MVB Financial Announces Sale of MVB Insurance to USI Insurance Services - Yahoo Finance


MVB Financial Announces Sale of MVB Insurance to USI Insurance Services
Yahoo Finance
FAIRMONT, W.Va., July 1, 2016 /PRNewswire/ -- MVB Financial Corp. (MVB or the Company) today announced the sale of substantially all of the assets of its wholly-owned subsidiary, MVB Insurance, LLC (MVB Insurance), to USI Insurance Services LLC ...
USI Insurance Services Strengthens Position as Largest Insurance Brokerage and Consulting Firm in West Virginia ...PR Newswire (press release)

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06/30/2016 11:23 PM

Madison health care systems and insurance companies form new collaborations - Milwaukee Journal Sentinel


Channel3000.com - WISC-TV3

Madison health care systems and insurance companies form new collaborations
Milwaukee Journal Sentinel
It also would combine Physicians Plus Insurance Corp., part of UnityPoint Health, with the health insurance company created by the recent merger of Unity Health Plans Insurance Corp., an affiliate of UW Health, and Gundersen Health Plan, part of ...
UW Health, Meriter, insurance groups consider collaborationChannel3000.com - WISC-TV3

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06/30/2016 08:59 PM

Lembo Calls For Insurance Commissioner To Recuse Herself From Anthem-Cigna Deal - Hartford Courant


Hartford Courant

Lembo Calls For Insurance Commissioner To Recuse Herself From Anthem-Cigna Deal
Hartford Courant
HARTFORD — State Comptroller Kevin Lembo joined the chorus of those suggesting Insurance Commissioner Katharine Wade recuse herself from the review of the proposed acquisition of Cigna by Anthem. Thursday, he sent Wade, a former Cigna ...
Lembo calls on insurance commissioner to recuse herself from merger reviewNew Haven Register
43 groups sign letter protesting insurance mergersCT Post
Health insurance mega-merger could be dead soonNew York Post

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06/30/2016 10:06 PM

Cleveland takes out $50 million 'protest insurance' over RNC security fears - RT


RT

Cleveland takes out $50 million 'protest insurance' over RNC security fears
RT
The Republican National Committee required Cleveland to purchase liability insurance to host the convention, according to the Associated Press. Dumas said the money will be reimbursed through a federal security grant approved in December to pay for the ...

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International Insurance News

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06/13/2016 01:47 PM

Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members - Azerbaijan Business Center


Int'l Bank of Azerbaijan reduces sharply number of International Insurance Company's board members
Azerbaijan Business Center
Baku, Fineko/abc.az. The International Bank of Azerbaijan (IBA) continues working over optimization of its group of companies. In accord with the IBA's decision the number of members in the Board of International Insurance Company (IIC), part of the ...
Management changes at Azerbaijani insurance companyTrend News Agency

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07/01/2016 02:57 PM

AM Best Affirms Ratings of Saudi Arabian Insurance Company BSC (C) - Yahoo Finance


AM Best Affirms Ratings of Saudi Arabian Insurance Company BSC (C)
Yahoo Finance
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Saudi Arabian Insurance Company B.S.C. (C) (DAMANA) (Bahrain). The outlook for each rating remains stable. The ratings reflect the company's ...

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06/29/2016 11:00 PM

US Probes Chinese Ownership of CIA-Linked Insurance Company - Newsweek


Newsweek

US Probes Chinese Ownership of CIA-Linked Insurance Company
Newsweek
Updated | Federal investigators are taking a close look at the Chinese ownership of an American insurance company that has been selling legal liability insurance to senior CIA, FBI and other intelligence officials and operatives for decades. The ...

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07/01/2016 07:04 AM

American International Group Inc (AIG) Earns "Buy" Rating from Bank of America - The Cerbat Gem


American International Group Inc (AIG) Earns "Buy" Rating from Bank of America
The Cerbat Gem
American International Group, Inc (AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in over 100 countries and ...
Financial Stocks to watch for: American International Group Inc (NYSE:AIG), Metlife Inc (NYSE:MET)share market updates (press release)

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07/01/2016 01:48 PM

Assured Guaranty Corp. Completes Acquisition of CIFG Assurance North America, Inc. - Yahoo Finance


Assured Guaranty Corp. Completes Acquisition of CIFG Assurance North America, Inc.
Yahoo Finance
AGC is a Maryland-domiciled insurance company regulated by the Maryland Insurance Administration and licensed to conduct financial guaranty insurance business in all 50 states of the United States, the District of Columbia and Puerto Rico. AGC ...

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07/01/2016 12:23 PM

Looking for a job? These employers are hiring - NJ.com


NJ.com

Looking for a job? These employers are hiring
NJ.com
... Supervisor; Advanced Subacute Rehabilitation Center: Certified Nurse Assistant; Advantage Solutions: Brand Ambassador; Advaxis Inc.: Administrative Assistant; AFLAC: Sales Rep; AlliedBarton Security Services: Security; Allstate Insurance Company ...

 

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07/01/2016 12:28 PM

Prudential Financial: A Highly-Profitable 9% Yielder Trading At A Compelling Valuation - Seeking Alpha


Seeking Alpha

Prudential Financial: A Highly-Profitable 9% Yielder Trading At A Compelling Valuation
Seeking Alpha
Prudential has one of the most attractive business mixes in the industry: its international unit generates consistent ROEs in the high-teens to low-20s range. More than $4bn of excess capital could be used for share buybacks or for dividends. We see ...
UBS Gives Prudential Price Target With Potential 18.17% UpsideFTSE News

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07/01/2016 09:35 AM

American Hellenic Hull begins operations in Cyprus and international marine markets - Hellenic Shipping News Worldwide


American Hellenic Hull begins operations in Cyprus and international marine markets
Hellenic Shipping News Worldwide
The American Hellenic Hull Insurance Company (AHHIC) Ltd is pleased to announce that the Cyprus regulatory authorities have approved the company's operating license. The company, established in Cyprus in 2015 by the cooperation between the ...

 

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06/30/2016 10:11 PM

Cigna-Anthem Merger: Increased Pressure On Gov. Malloy As Another State Democrat Demands The Insurance ... - International Business Times


International Business Times

Cigna-Anthem Merger: Increased Pressure On Gov. Malloy As Another State Democrat Demands The Insurance ...
International Business Times
But afteran International Business Times investigative series on the proposed merger and the Cigna family ties of state insurance commissioner Katharine Wade, he said it was time for Wade to remove herself from the process. “Several new developments ...

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07/01/2016 09:05 AM

Post-Brexit Market Rout Deepens UK Corporate Pension Deficits - Insurance Journal


Post-Brexit Market Rout Deepens UK Corporate Pension Deficits
Insurance Journal
Companies who want to offload some or all of the risk of their pension schemes can also do so through buying a so-called 'bulk annuity' from an insurance company, but the wider the deficit, the higher the cost of striking such a deal. Bulk annuity ...

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