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National Insurance News

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07/01/2015 04:46 PM

Why Chubb's $28.3 Billion Takeover May Fuel More Insurance Deals - TheStreet.com


TheStreet.com

Why Chubb's $28.3 Billion Takeover May Fuel More Insurance Deals
TheStreet.com
The takeover of Chubb, which offers both business and consumer products including home and auto insurance, is the latest in a long line of ACE purchases as CEO Evan Greenberg, the son of legendary former AIG (AIG) CEO Hank Greenberg, focuses on ...
It's a $28.3 billion insurance megadealBusiness Insider
ACE sweeps up Chubb for $28.3 billionFortune
ACE Agrees to Buy Chubb for $28.3 BillionWall Street Journal
Yahoo Finance UK -Your News Now
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07/01/2015 11:09 AM

Tech Upended Banks and Stock Trading. Insurance Is Next - Wired


Wired

Tech Upended Banks and Stock Trading. Insurance Is Next
Wired
The World Economic Forum released a report this week examining how fintech startups—the venture-backed upstarts out to reinvent financial services—are changing the finance industry. Sounds like a cure for insomnia, right? Not for the global financial ...
World Economic Forum Sees Finance/Insurance Industry in Digital Firing-LineInsurance Journal

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07/01/2015 06:32 PM

New Laws Push Uber And Lyft To Bump Up Insurance Coverage, But A Collision ... - Forbes


Forbes

New Laws Push Uber And Lyft To Bump Up Insurance Coverage, But A Collision ...
Forbes
In response to new laws going into effect in 19 states Wednesday, Uber and Lyft both recently bumped up their liability insurance coverage to primary — meaning it steps in first, before other policies — for that on-duty-but-unmatched period, a no-man ...

 

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07/01/2015 12:20 PM

Greece's white flag; Insurance mega merger; New Balance's new groove - Yahoo Finance


Yahoo Finance

Greece's white flag; Insurance mega merger; New Balance's new groove
Yahoo Finance
Investors on both sides of the Atlantic are applauding the possibility of a deal between Greece and its creditors this morning. Stocks (^GSPC) (^IXIC) (^DJI) are rallying on news Greek Prime Minister Alexis Tsipras may accept most of the bailout terms ...

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06/30/2015 08:26 PM

Feds worried insurance doesn't cover OPM breach - Federal Times


Federal Times

Feds worried insurance doesn't cover OPM breach
Federal Times
"To collect any kind of insurance — whether it's health insurance, life insurance, automobile insurance — you need to know the name of the company and the details of the coverage," said Walt Francis, a former federal employee and health insurance and ...

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06/30/2015 08:11 PM

Is health insurance through work $1800 less because of the Affordable Care Act? - PolitiFact


PolitiFact

Is health insurance through work $1800 less because of the Affordable Care Act?
PolitiFact
If your family gets insurance through your job -- so you're not using the Affordable Care Act -- you're still paying about $1,800 less per year on average than you would be if we hadn't done anything," he said. We were curious about two claims Obama ...
The Supreme Court Preserves Key Insurance Subsidy Provisions Of The ...Mondaq News Alerts (registration)
Where reform is needed: in health insuranceThe Intelligencer (registration)
Who Is the Patient: The Insurance Industry or Real People?Huffington Post
Zacks.com -Liberty Vindicator -Martinsburg Journal
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06/30/2015 05:09 PM

Towers Watson Pays Willis's Insurance Premium - Wall Street Journal


Wall Street Journal

Towers Watson Pays Willis's Insurance Premium
Wall Street Journal
During a deal-making boom, companies can be persuaded to do things that are daring, novel—even slightly crazy. The $18 billion merger of insurance broker Willis and benefits expert Towers Watson TW -8.83 % is none of these. It is merely as uninspiring ...
Insurance broker Willis Group to buy Towers Watson in stock dealReuters
Willis Group, Towers Watson Agree to $18 Billion MergerInsurance Journal
Willis tie-up with Towers Watson points to insurance woesFinancial Times
New York Times -Business Insurance
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07/01/2015 05:26 PM

Filing deadline extended for Oklahoma flood insurance claims - KOCO Oklahoma City


KOCO Oklahoma City

Filing deadline extended for Oklahoma flood insurance claims
KOCO Oklahoma City
Commissioner John Doak said Wednesday the Federal Emergency Management Agency has given National Flood Insurance Program policyholders an extra 180 days to file. Doak says the extension gives home and business owners more time to make sure ...
Flood Insurance Claims Filing Extended in OklahomaBartlesville Radio
Filing Deadline Extended for Oklahoma Flood ClaimsPR Newswire (press release)

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06/30/2015 09:26 PM

Bernie Sanders campaign event moved to Cross Insurance Arena - Press Herald


Press Herald

Bernie Sanders campaign event moved to Cross Insurance Arena
Press Herald
The event is scheduled from 7 to 8 p.m. Monday at the Cross Insurance Arena. Sanders plans to discuss topics such as how to “get big money out of politics, deal with obscene wealth and income inequality, combat climate change” and “make college ...

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06/29/2015 04:31 PM

Attorney General Kane announces 20 insurance fraud arrests - FOX43.com


FOX43.com

Attorney General Kane announces 20 insurance fraud arrests
FOX43.com
HARRISBURG — Attorney General Kathleen G. Kane today announced the arrest of 20 individuals across the Commonwealth for a variety of unrelated insurance fraud offenses. The arrests were made throughout the month of June and were the result of ...
Bridgeport woman among 20 arrested in state for insurance fraudThe Times Herald

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International Insurance News

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06/26/2015 08:02 PM

Meadowbrook Insurance (MIG) Received Required Approval in California to ... - StreetInsider.com


Meadowbrook Insurance (MIG) Received Required Approval in California to ...
StreetInsider.com
Meadowbrook Insurance (NYSE: MIG) announces that on June 25, 2015, Fosun International Limited has received the required approval from the California Department of Insurance regarding the acquisition of control of Meadowbrook's insurance company ...

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06/29/2015 08:16 AM

Company Shares of United Insurance Holdings Corp. Rally 3.52% - News Watch International


Company Shares of United Insurance Holdings Corp. Rally 3.52%
News Watch International
Its business is conducted principally through four wholly-owned subsidiaries, including United Property and Casualty Insurance Company (UPC), which writes insurance policies; United Insurance Management, L.C. (UIM), the managing general agent that ...

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06/12/2015 12:38 PM

Navigators Group (NAVG) Makes Two Changes to International Insurance ... - StreetInsider.com


Navigators Group (NAVG) Makes Two Changes to International Insurance ...
StreetInsider.com
He will continue to work closely with Bach, Hennessy and Sprott in developing the Company's international strategy and platform, including plans for the formation of Navigators International Insurance Company. Stan Galanski, President and CEO of The ...
International insurer promotes executivesBusiness Insurance

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06/10/2015 08:43 AM

Tokio Marine of Japan Agrees to Acquire HCC Insurance for $7.5 Billion - New York Times


New York Times

Tokio Marine of Japan Agrees to Acquire HCC Insurance for $7.5 Billion
New York Times
And over the past few years, Nippon Life Insurance Company, Dai-ichi and Sumitomo Life Insurance Company have each taken stakes in several Indonesian insurers in hopes of tapping the rapidly expanding Southeast Asian market. ... “With Tokio Marine, HCC ...
Tokio Marine Holdings agrees to acquire HCC Insurance Holdings for $7.5 bndomain-B

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07/01/2015 02:35 PM

Life Insurance Stock Prices And Higher Interest Rates - Seeking Alpha


Life Insurance Stock Prices And Higher Interest Rates
Seeking Alpha
We begin by computing the simple correlations between Treasury yields and insurance company stock prices. Readers who are interested in a more complex analysis are referred to the Technical Notes section below. We measure how many of the ...

 

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06/29/2015 05:43 AM

Company Shares of American International Group, Inc. Rally 1.46% - Insider Trading Report


Company Shares of American International Group, Inc. Rally 1.46%
Insider Trading Report
American International Group, Inc. (AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

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07/01/2015 06:19 PM

Recent Competition Commission developments - International Law Office (registration)


Recent Competition Commission developments
International Law Office (registration)
Section 166(3) of the Insurance Ordinance provides that all insurance business that relates to public property, or to any risk or liability regarding public property, will be conducted with the National Insurance Company Limited only and not with any ...

 

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06/14/2015 09:24 PM

Company Shares of American International Group, Inc. Rally 2.3% - News Watch International


Company Shares of American International Group, Inc. Rally 2.3%
News Watch International
American International Group, Inc. (AIG) is a global insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services to customers in more than 130 ...

 

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07/01/2015 02:30 PM

US stocks open higher following gains in European markets - Miami Herald


Miami Herald

US stocks open higher following gains in European markets
Miami Herald
In deal news, Chubb Corp. surged after agreeing to be acquired by rival insurance company Ace Ltd. KEEPING SCORE: The Standard & Poor's 500 index rose 17 points, or 0.9 percent, to 2,080, as of 10:08 a.m. ... DEAL NEWS: Chubb jumped $31, or 32 percent ...
US stocks gain as Greece appears to be willing to negotiateWashington Post

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06/30/2015 05:41 PM

American International Group Upgraded to "Buy" by Zacks (AIG) - sleekmoney


American International Group Upgraded to "Buy" by Zacks (AIG)
sleekmoney
American International Group, Inc. (NYSE:AIG) is an insurance company. The Company provides a range of property casualty insurance, life insurance, retirement products, mortgage insurance and other financial services. It offers products and services ...
American International Group, Inc. (NYSE:AIG) Ratings UpdateInvestor Newswire

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