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National Insurance News

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08/25/2016 06:41 PM

How Expanding Medicaid Can Lower Insurance Premiums for All - New York Times


New York Times

How Expanding Medicaid Can Lower Insurance Premiums for All
New York Times
The Obama administration for years has been pleading with states to expand their Medicaid programs and offer health coverage to low-income people. Now it has a further argument in its favor: Expansion of Medicaid could lower insurance prices for ...

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08/25/2016 02:37 PM

Why life insurance benefits have sometimes gone unpaid in Illinois - Chicago Tribune


Chicago Tribune

Why life insurance benefits have sometimes gone unpaid in Illinois
Chicago Tribune
The coverage came to light through a life-insurance audit by Illinois Treasurer Michael Frerichs, who held a hearing Wednesday on how unpaid life insurance benefits can help families — if they know that the policies exist. The proposed Unclaimed Life ...
Biz groups mount last-ditch effort to kill life insurance reform billCrain's Chicago Business

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08/25/2016 02:09 AM

Illinois Obamacare rates could soar as state submits insurance premium increases to feds - Chicago Tribune


Chicago Tribune

Illinois Obamacare rates could soar as state submits insurance premium increases to feds
Chicago Tribune
Illinois consumers are one step closer to facing sky-high increases for individual health insurance plans purchased through the Affordable Care Act's marketplace. The Illinois Department of Insurance said Wednesday it has submitted rate increases to ...
Sen. John McCain: ObamaCare nightmare may leave 10000 Arizonans with no insurance optionsFox News
Health insurance options shrinking statewideWaco Tribune-Herald
Prices up, choices down on Illinois health insurance marketNorthwest Herald
The State Journal-Register -Chicago Sun-Times -Bloomberg -Avalere Health
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08/24/2016 08:44 PM

Document Flood and Fire Damage to Ease Insurance Claims - New York Times


The Real Deal Magazine

Document Flood and Fire Damage to Ease Insurance Claims
New York Times
Victims of the recent flooding in Louisiana and wildfires in California should all do one thing: Document the damage to their property. Taking photos is crucial to help bolster an insurance claim, said Amy Bach, executive director of United ...
Most of Louisiana's flood victims lack insuranceThe Economist (blog)
Flood Claims Mount; FEMA Extends Insurance Renewal Period for Some in LouisianaInsurance Journal
Louisiana Flood Insurance Payouts Likely Under $3B: FEMABloomberg BNA

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08/25/2016 05:32 PM

Humana leaving Utah health insurance marketplace - Salt Lake Tribune


Salt Lake Tribune

Humana leaving Utah health insurance marketplace
Salt Lake Tribune
Humana will not be an option for Utahns shopping for next year's health insurance on the individual marketplace, but experts say they aren't too concerned about the loss. "Humana is not a big player," said Jason Stevenson, Utah Health Policy Project's ...

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08/25/2016 03:38 PM

Martin Shkreli says insurance companies are to blame for Mylan's EpiPen debacle - Business Insider


Business Insider

Martin Shkreli says insurance companies are to blame for Mylan's EpiPen debacle
Business Insider
The drugmaker is under fire after lawmakers including Democratic presidential nominee Hillary Clinton have spoken out about the price of the EpiPen, a device used to treat anaphylaxis, a severe allergic reaction. The price of an EpiPen two-pack has ...

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08/25/2016 12:58 AM

Brown: Treasurer tackles insurance companies' dirty little secret - Chicago Sun-Times


Chicago Sun-Times

Brown: Treasurer tackles insurance companies' dirty little secret
Chicago Sun-Times
On Wednesday, Frerichs' Task Force on Unclaimed Life Insurance Policies held a hearing in Chicago to help call attention to legislation awaiting action by Gov. Bruce Rauner that would require insurance companies to check a national Social Security ...

 

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08/25/2016 09:18 PM

Action 9 investigates insurance companies seeking huge rate increases - WFTV Orlando


WFTV Orlando

Action 9 investigates insurance companies seeking huge rate increases
WFTV Orlando
ORLANDO,Fla. - An Orange county family claims huge rate increases will force them to cancel insurance long before they need it. Their long term care insurance premiums could nearly double in just a year and a wave of rate hikes could force customers to ...

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08/24/2016 03:12 PM

Vietnam woman 'cuts off limbs for insurance payout' - BBC News - BBC News


BBC News

Vietnam woman 'cuts off limbs for insurance payout' - BBC News
BBC News
A Vietnamese woman has admitted to paying for her foot and part of her arm to be cut off in order to claim an insurance payout, police say. In May, the ...
Vietnamese woman cuts off limbs for insurance moneyWJXT Jacksonville
Vietnamese woman cuts off limbs to claim insurance payoutDaily Sabah
Vietnamese woman cuts off arm, foot for insuranceUPI.com
Express.co.uk -Thanh Nien Daily
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08/25/2016 01:05 PM

Mylan Expands EpiPen Cost-Cutting Programs, Pushes for Insurance Reform - NBCNews.com


NBCNews.com

Mylan Expands EpiPen Cost-Cutting Programs, Pushes for Insurance Reform
NBCNews.com
"We recognize the significant burden on patients from continued, rising insurance premiums and being forced increasingly to pay the full list price for medicines at the pharmacy counter," Mylan CEO Heather Bresch said in a statement. "Patients deserve ...

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International Insurance News

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08/25/2016 03:23 PM

A.M. Best Affirms Ratings of Jordan International Insurance Company - Business Wire (press release)


A.M. Best Affirms Ratings of Jordan International Insurance Company
Business Wire (press release)
LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of Jordan International Insurance Company (JIIC) (Jordan). The outlook for each rating remains stable. The ratings reflect ...
A.M. Best Affirms Ratings of Doha Insurance Company Q.S.C.Digital Journal

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08/23/2016 08:27 AM

Shropshire insurance company shortlisted for international award - shropshirelive.com


shropshirelive.com

Shropshire insurance company shortlisted for international award
shropshirelive.com
Health and safety specialists at a Shropshire company have been shortlisted for an international award – for the third year in a row. The team from Henshalls in Newport and Shrewsbury are finalists in the Specialist Company of the Year category at this ...

 

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08/25/2016 03:02 PM

Navigators Announces Global Claims Leadership - EconoTimes


Nasdaq

Navigators Announces Global Claims Leadership
EconoTimes
In addition in the International Segment, Michael Phipps joined Navigators on August 22, 2016 as Claims Manager for Navigators International Insurance Company, the Company's recently authorized U.K. domiciled insurance company. Mr. Phipps previously ...
Navigators makes leadership changes in global claims restructureIntelligent Insurer (subscription)

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08/25/2016 04:09 PM

Fraud referral results in arrest and restitution in hail damage lawsuit - Southeast Texas Record


Southeast Texas Record

Fraud referral results in arrest and restitution in hail damage lawsuit
Southeast Texas Record
DALLAS - An insurance fraud referral filed by the international litigation firm Zelle LLP on behalf of its insurance company client, Strata Underwriting Managers, has resulted in the felony criminal prosecution of a building owner for insurance fraud ...

 

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08/25/2016 11:03 AM

Woman injured in police chase seeks $500K - LaGrange Daily News


Woman injured in police chase seeks $500K
LaGrange Daily News
City Council on Tuesday unanimously denied the claim and forwarded it to the city's liability insurance company. Brumbrey's attorney claims the $500,000 is the value of “economic and non-economic ... The LaGrange Police Department received ...

 

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08/25/2016 03:27 PM

AIG Reportedly in talks to Sell Lloyd's Business (AIG) - Investopedia


Investopedia

AIG Reportedly in talks to Sell Lloyd's Business (AIG)
Investopedia
In 1992, Lloyd's of London Ltd. and American International Group Inc. (AIG) collaborated to establish the first insurance-company underwriting operation located at Lloyd's. Almost 25 years later, AIG is reported to be in talks to sell the London based ...

 

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08/25/2016 04:05 PM

Insurance freedom! Several strategies help dental patients reach freedom about their health choices - RDH


RDH

Insurance freedom! Several strategies help dental patients reach freedom about their health choices
RDH
Benefits can range from none-at-all to substantial, depending on the contract agreement between the employer and insurance company. Secondly, let's consider how the patient is informed of his condition and the need for additional treatment. In many ...

 

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08/18/2016 03:16 PM

CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust International Insurance & Reinsurance Company ... - Business Wire (press release)


CORRECTING and REPLACING A.M. Best Affirms Ratings of Trust International Insurance & Reinsurance Company ...
Business Wire (press release)
A.M. Best has affirmed the financial strength rating of A- (Excellent) and the issuer credit rating of “a-” of Trust International Insurance & Reinsurance Company B.S.C. (c) Trust Re (Trust Re) (Bahrain). The outlook for each rating remains stable ...

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08/25/2016 09:10 AM

Cross-Ownership Web Unravels After Swedish Jet Scandal - Bloomberg


Cross-Ownership Web Unravels After Swedish Jet Scandal
Bloomberg
The stake went to Swedish and international institutional investors for 153.25 kronor a share. ... “This is definitely corporate history,” Carina Lundberg Markow, head of responsible ownership at Swedish insurance company Folksam, said in an e-mail.

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08/25/2016 02:55 PM

Video: Minor leaguer dives over the wall to rob a home run - HardballTalk (blog)


HardballTalk (blog)

Video: Minor leaguer dives over the wall to rob a home run
HardballTalk (blog)
Anyone remember when it was Edison International Field of Anaheim? Or were we all .... Safeco Field: It's an insurance company and that's boring, but at least “Safeco” is pithy and it has a baseball term inadvertently embedded in it so I guess that's ...

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