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National Insurance News

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05/31/2016 11:54 PM

Prosecutors fight to stop San Bernardino shooter's family from getting $250000 insurance payment - Los Angeles Times


Los Angeles Times

Prosecutors fight to stop San Bernardino shooter's family from getting $250000 insurance payment
Los Angeles Times
The federal government is suing to stop the family of San Bernardino shooter Syed Rizwan Farook from collecting more than $250,000 in life insurance payments from his death. In a complaint seeking the seizure of the money Tuesday, the government ...
Government Goes After Insurance Payout Of San Bernardino ShooterNPR
Prosecutors sue to recover life insurance held by San Bernardino shooterReuters
Government Sues for San Bernardino Gunman's Life Insurance PoliciesNew York Times
Fox News -Yahoo News
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05/31/2016 08:48 PM

Anbang withdraws application for NY review of insurance merger - USA TODAY


USA TODAY

Anbang withdraws application for NY review of insurance merger
USA TODAY
The Chinese insurance firm that in April scrapped a $13.9 billion plan to buy Starwood Hotels & Resorts has now withdrawn an application for regulatory approval of its $1.57 billion merger deal with U.S. insurer Fidelity & Guaranty Life, amid requests ...
Anbang Withdraws Application for NY Approval of Insurance DealWall Street Journal

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05/31/2016 12:49 PM

Foreign Business Groups to Complain About Proposed Chinese Insurance Rules - Wall Street Journal


Wall Street Journal

Foreign Business Groups to Complain About Proposed Chinese Insurance Rules
Wall Street Journal
BEIJING—Another sector added its voice to complaints about China's tightening cybersecurity rules. More than two dozen American and international business groups have signed a draft letter of protest against proposed Chinese regulations for the ...
Concern over China insurance rules ahead of talks with USBusiness Insurance
Insurance companies unveil tax-deductible health insurance in trial programmeSouth China Morning Post

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05/31/2016 08:18 PM

The best insurance policy on Earth: waiting until 70 to take Social Security - PBS NewsHour


PBS NewsHour

The best insurance policy on Earth: waiting until 70 to take Social Security
PBS NewsHour
Instead, think of Social Security as an insurance policy. By waiting to collect benefits until age 70, you are in effect buying extra insuranceinsurance against what is perhaps the greatest danger of retirement: outliving your savings. Yes, you are ...

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05/31/2016 08:07 PM

UnitedHealthcare to pull out of Illinois insurance exchange - Chicago Tribune


Chicago Tribune

UnitedHealthcare to pull out of Illinois insurance exchange
Chicago Tribune
On Tuesday, UnitedHealthcare disclosed on a website dedicated to insurance brokers that it plans to offer on-exchange plans in only three states — Nevada, New York and Virginia. A company spokeswoman confirmed that it will withdraw from the Illinois ...

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05/31/2016 01:55 PM

It's key to weigh options when picking a long-term care insurance plan - CNBC


CNBC

It's key to weigh options when picking a long-term care insurance plan
CNBC
It's important to understand all your options when it comes to buying long-term care insurance. With so many alternative plans being offered today, a traditional plan may not be your best choice. It all depends on your needs. A new client — let's call ...

 

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05/31/2016 07:12 PM

Former Zurich Insurance CEO Martin Senn has committed suicide - Quartz


Quartz

Former Zurich Insurance CEO Martin Senn has committed suicide
Quartz
Martin Senn, the CEO of Zurich Insurance Group until December, committed suicide on Friday (May 27). The 59-year-old was found dead from a gun shot wound at his vacation home in Klosters, according to Blick, the Swiss newspaper. He is the second ...
Swiss Investigate Apparent Suicide of Ex-Chief of Zurich InsuranceNew York Times
Death Of Zurich Insurance CEO Senn Raises Derivatives Questions… AgainValueWalk
Former Zurich Insurance CEO Martin Senn Commits SuicideWall Street Journal
Financial Post -MarketWatch -CNNMoney
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05/31/2016 04:20 PM

Federal Reserve Plans June 3 Meeting on Insurance Carrier Capital Rules - Insurance Journal


Federal Reserve Plans June 3 Meeting on Insurance Carrier Capital Rules
Insurance Journal
The U.S. Federal Reserve will hold an open meeting this coming Friday on proposals, in the works for more than five years, for capital requirements and other rules for insurance companies. The central bank's announcement last Friday came a week after ...

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05/31/2016 01:43 PM

THE INSURANCE AND THE IoT REPORT: Examining how insurance companies are leveraging IoT solutions - Business Insider


Business Insider

THE INSURANCE AND THE IoT REPORT: Examining how insurance companies are leveraging IoT solutions
Business Insider
Insurance companies have been leveraging IoT devices to get better insight into their insured clients and differentiate their product offering. This helps lead to more accurately priced premiums, better models for future payouts, and increased customer ...

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05/31/2016 01:05 PM

US-EU Continue Talks on Insurance Regulation Covered Agreement - Insurance Journal


Insurance Journal

US-EU Continue Talks on Insurance Regulation Covered Agreement
Insurance Journal
U.S. insurance groups want assurances that the EU under its Solvency II regulations will treat U.S. insurers fairly and that there will be U.S.-EU mutual recognition of each other's regulatory schemes. Solvency II provide a process for non-EU countries ...

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International Insurance News

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05/19/2016 04:28 PM

AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal - Seeking Alpha


AIG: Don't Be Fooled, Icahn Doubling Down On This Insurance Company Is A Big Deal
Seeking Alpha
Billionaire investor and AIG shareholder Carl Icahn recently increased his stake in the insurance company, adding to his clout and growing his influence on AIG's Board of Directors. American International Group is going to return $25 billion in cash to ...

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05/26/2016 07:18 AM

Activa International Insurance supports SWAG for 4 years - Myjoyonline.com


Myjoyonline.com

Activa International Insurance supports SWAG for 4 years
Myjoyonline.com
Activa International Insurance Company, has presented a cheque for GH¢30,000 as a sponsorship support to the Sports Writers Association of Ghana (SWAG) towards the smooth organization of this year's SWAG Awards Night slated for Saturday, June 4, ...
Activa Gives Towards MTN SWAG Awards NightNews Ghana

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05/30/2016 12:12 PM

AIG: Nice Rebound, On To The $60s - Seeking Alpha


Seeking Alpha

AIG: Nice Rebound, On To The $60s
Seeking Alpha
Insurance company American International Group, Inc. (NYSE:AIG) has sold for a steep discount to accounting book value for years, and, in fact, AIG has not managed to trade back up to accounting book value ever since the company regained its freedom ...
Breithorn Capital Management Lowers stake in American International Group Inc (AIG)Market Digest

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05/31/2016 07:50 PM

Brokers International Strengthens its Long-Term Care Benefits Offerings with OneAmerica® - Insurance News Net


Brokers International Strengthens its Long-Term Care Benefits Offerings with OneAmerica®
Insurance News Net
Independent insurance agents contracted with Brokers International will now have access to products offered by the companies of OneAmerica, including annuities, life insurance and asset-based LTC solutions. Asset-based LTC benefits cover anticipated ...

 

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05/31/2016 04:01 PM

Helping Consumers Understand the Value of Life Insurance - Business Wire (press release)


Helping Consumers Understand the Value of Life Insurance
Business Wire (press release)
In business since 1859, AXA Equitable Life Insurance Company is a leading financial protection company and one of the nation's premier providers of life insurance, annuity, and financial products and services distributed to individuals and business ...

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05/30/2016 10:04 AM

Former Zurich Insurance CEO Martin Senn Kills Himself - ABC News


Former Zurich Insurance CEO Martin Senn Kills Himself
ABC News
Switzerland's Zurich Insurance Group says former chief executive Martin Senn, who ran the company for six years until last December, has killed himself. The incident comes three years after the company's then-chief financial officer also killed himself.

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05/31/2016 05:24 PM

Argus set to buy Maltese broker - Royal Gazette


Royal Gazette

Argus set to buy Maltese broker
Royal Gazette
A company statement said: “Adding Island to the Argus Group strengthens its international presence and grows its existing portfolio through additional complementary lines of business.” The statement added: “Argus has successfully operated both ...
Argus acquires Island Insurance Brokers in MaltaMaltaToday

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05/31/2016 12:39 PM

Liberia: Indicted Speaker, Sen. Sherman Risk Imprisonment Over 'Invalid Bonds' - AllAfrica.com


Front Page Africa

Liberia: Indicted Speaker, Sen. Sherman Risk Imprisonment Over 'Invalid Bonds'
AllAfrica.com
... Senator Varney Sherman and others have filed a US$1,500,000.00 criminal bond through the OMEGA Insurance Company while House Speaker Alex Tyler filed a US$1,500,000 appearance through the Sky International Insurance Company respectively.
Prosecution Excepts To Bond Filed By Sherman, OthersGlobal News Network
Sherman Loses First BattleThe New Dawn Liberia

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05/23/2016 07:55 AM

Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ... - PR Newswire (press release)


Anadolu Insurance Company Signs a Multi-Million Dollar Agreement with Sapiens, Expanding Their Strategic ...
PR Newswire (press release)
Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, with a growing presence in the financial services sector, announced today that Anadolu Insurance Company (Anadolu), ...
Sapiens Expands Strategic Alliance with Anadolu Insurance Company (NASDAQ:SPNS)Sonoran Weekly Review
Sapiens International expands relationship with Turkish insurerIntelligent Insurer (subscription)

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05/24/2016 08:30 PM

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium - newsBTC


newsBTC

China's Leading Insurance Company Ping An Joins R3 Blockchain Consortium
newsBTC
The blockchain consortium of international banking institutions now has a new member in the form of Ping An Financial Services Group. By announcing its inclusion into the consortium, Ping An has become the first financial institution from China to ...
China's Ping An Joins Global Blockchain Consortium, Led by Fintech Firm R3Insurance Journal

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