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National Insurance News

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05/06/2016 01:39 AM

Joe Paterno Knew of Sandusky Abuse Allegations as Early as 1976, Insurance Company Claims - NBCNews.com


NBCNews.com

Joe Paterno Knew of Sandusky Abuse Allegations as Early as 1976, Insurance Company Claims
NBCNews.com
The claim emerged in a dispute over who should pay Penn State's share of about $60 million in settlements with 26 men who say Sandusky abused them when they were children — the university or its insurance company. Previously, the abuse was widely ...
Insurance claim suggests Joe Paterno knew of Jerry Sandusky abuse in 1976WTTV CBS4Indy
Insurance company: Joe Paterno was told of Sandusky abuse allegations in 1976Atlanta Journal Constitution
Insurance Company Claims Paterno Knew About Sandusky Abuse in 1976Onward State
WTAJ -Larry Brown Sports
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05/06/2016 02:06 PM

Real World Best Practices For Agencies in Reviewing Insurance Certificates - Insurance Journal


Real World Best Practices For Agencies in Reviewing Insurance Certificates
Insurance Journal
The certificate of insurance acknowledges the writing and existence of an insurance policy. It should accurately reflect the coverage provided by a specific policy and be aligned with, for instance, a complementary written contract setting out an ...

 

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05/06/2016 09:33 AM

Terror Attacks and Change Fees Cause Travelers to Rethink Travel Insurance - Skift


Skift

Terror Attacks and Change Fees Cause Travelers to Rethink Travel Insurance
Skift
Global events during the past year have fundamentally shifted how travelers view insurance and how they want to interact with providers during their trips. What was once overlooked by many U.S. travelers is now largely thought of as necessary, and ...

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05/06/2016 04:19 AM

'Furious' insurance chief readies hefty fines for BCBS - WTVD-TV


WTVD-TV

'Furious' insurance chief readies hefty fines for BCBS
WTVD-TV
The first I-Team story on the system failure at Blue Cross Blue Shield North Carolina aired on Jan. 11. Tonight, the problems have improved, but the complaints are still coming in high numbers. The state's insurance commissioner now tells ABC 11 he's ...
State insurance commissioner says fines likely for Blue CrossWITN

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05/06/2016 06:23 AM

HSB Extends Identity Theft Insurance to Small Business Owners for Employees - Insurance Journal


HSB Extends Identity Theft Insurance to Small Business Owners for Employees
Insurance Journal
HSB Identity Recovery insurance has expense coverage and personal case management services similar to those HSB has provided through client insurance companies, agents and brokers for almost a decade, insuring more than 7 million people against ...

 

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05/05/2016 09:30 AM

Why Cleveland and Philly might want "riot insurance" - CBS News


CBS News

Why Cleveland and Philly might want "riot insurance"
CBS News
With political conventions shaping up to be more and more like heavyweight wrestling matches, Cleveland has made what may be a smart decision, but undoubtedly an expensive one. The city's Board of Control, which answers to its mayor, voted ...

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05/06/2016 03:08 AM

Insurance companies hire unlicensed... - KPRC Houston


KPRC Houston

Insurance companies hire unlicensed...
KPRC Houston
The couple and their three children have been living in a nearby Holiday Inn for two months while they wait on a claims dispute to be resolved with their insurance carrier. The United States Army veteran has filed a lawsuit against his insurance ...

 

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05/05/2016 11:44 PM

How to save Alaska's failing health insurance market - Alaska Dispatch News


Alaska Dispatch News

How to save Alaska's failing health insurance market
Alaska Dispatch News
More than 1,300 Alaskans fighting for their health have bought insurance while dealing with sickle cell anemia, quadriplegic cerebral palsy, hemophilia, kidney failure, amputation, multiple sclerosis, brain cancer, paralysis, AIDS, lung cancer ...

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05/05/2016 11:06 PM

Pet Insurance: Is it worth the cost? - Part 2 - WNDU-TV


WNDU-TV

Pet Insurance: Is it worth the cost? - Part 2
WNDU-TV
Only 1 percent of pet owners have pet insurance. John and Lenore had it for their previous dog. So did it pay off? John says, "It probably did because, now that I think of it and recall, it did cover a lot of the vet visits and so on. It covered ...

 

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05/05/2016 07:43 PM

Protect your retirement savings with insurance products - New York Daily News


New York Daily News

Protect your retirement savings with insurance products
New York Daily News
People have homeowners insurance to protect against fires and floods. They buy insurance to replace their car if it gets wrecked and they buy health insurance to protect themselves from medical costs. But for many people, their biggest material asset ...

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International Insurance News

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04/21/2016 11:10 PM

Attempts to Embezzle Millions From Global Insurance Company Results in Jail - Lawfuel (blog)


Attempts to Embezzle Millions From Global Insurance Company Results in Jail
Lawfuel (blog)
From January 2012 through December 2013, SHEA and FALLON engaged in a scheme to embezzle approximately $2.6 million from SHEA's employer, the North American subsidiary of an international insurance company (“Company-1”). SHEA, who rose to ...

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04/25/2016 11:14 PM

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company - Bergen Dispatch


Bergen Dispatch

Paramus Man Sentenced To 18 Months For Scheme To Embezzle Millions From International Insurance Company
Bergen Dispatch
Preet Bharara, the United States Attorney for the Southern District of New York, announced today that James J. Shea, age 49 of Paramus, New Jersey, was sentenced in Manhattan federal court to 18 months in prison for participating in a scheme to ...

 

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04/08/2016 05:57 PM

Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA) - Los Angeles Mirror


Manufacturers Life Insurance Company The buys $142.8 Million stake in Magna International (USA) (MGA)
Los Angeles Mirror
Magna International (USA) (MGA) : Manufacturers Life Insurance Company The scooped up 32,296 additional shares in Magna International (USA) during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now ...

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05/06/2016 09:33 AM

Terror Attacks and Change Fees Cause Travelers to Rethink Travel Insurance - Skift


Skift

Terror Attacks and Change Fees Cause Travelers to Rethink Travel Insurance
Skift
U.S. travelers historically chose travel insurance for cancellation reasons if something unexpected happenS before their trip, and mainly for international rather than domestic trips. ... Rutledge added that insurance regulation also inflates travel ...

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05/06/2016 10:56 AM

Ex-AIA insurance agent pleads guilty to fraud in Singapore - International Adviser


International Adviser

Ex-AIA insurance agent pleads guilty to fraud in Singapore
International Adviser
A former agent of pan-Asian life insurance company AIA pleaded guilty for the second time on Thursday to defrauding an elderly couple of more than $5m (£3.4m, €4.4m) after withdrawing her earlier plea. Print · Ex-AIA insurance agent pleads guilty to ...

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05/05/2016 09:17 AM

American International Group: 4 Positive Takeaways From The Earnings Release - Seeking Alpha


Seeking Alpha

American International Group: 4 Positive Takeaways From The Earnings Release
Seeking Alpha
Are things finally getting better for insurance company American International Group, Inc. (NYSE:AIG)? I was looking forward to the company's Q1-16 earnings release to see if American International Group managed to turn things around in the last quarter.
Research Analysts Set Expectations for American International Group Inc's Q2 2016 Earnings (AIG)Web Breaking News

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05/06/2016 02:12 PM

MetLife Inc (MET) Set to Quit Hedge Fund Positions - Bidness ETC


Bidness ETC

MetLife Inc (MET) Set to Quit Hedge Fund Positions
Bidness ETC
The insurance company plans to redeem $1.2 billion, out of $1.8 billion in holdings. Redemption could take years for completion. Bidness Etc notes that the company is following its closest peer - American International Group Inc. (AIG). Overall, the ...

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05/04/2016 08:31 PM

ERISA pre-empts breach of contract lawsuit against Reliance Standard Insurance Company, IBEW - The Pennsylvania Record


The Pennsylvania Record

ERISA pre-empts breach of contract lawsuit against Reliance Standard Insurance Company, IBEW
The Pennsylvania Record
PHILADELPHIA -- A federal court has dismissed a lawsuit alleging breach of contract and breach of fiduciary duty filed against Reliance Standard Life Insurance Company, the International Brotherhood of Electrical Workers (IBEW) Local 380 and the Union ...

 

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05/06/2016 03:48 AM

American International Group, Inc. (NYSE:AIG) Latest Broker Views - Risers & Fallers


Is stories

American International Group, Inc. (NYSE:AIG) Latest Broker Views
Risers & Fallers
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. Its various offerings include products ...
Old Republic International Corporation (NYSE:ORI) Updated Broker Price TargetsShare Trading News

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05/03/2016 07:41 AM

AIG sells shares in Chinese insurance company: report - gbtimes


gbtimes

AIG sells shares in Chinese insurance company: report
gbtimes
American International Group has reportedly raised US$1.25 billion by selling a large chunk of its stake in China's PICC Property and Casualty Company. According to a report by the International Financing Review, AIG sold about 740 million shares at ...
American International Group Inc (AIG): Offloading Holdings in ChinaBusiness Finance News
AIG to Sell Stake in Chinese Insurance Company PICC P&C: ReportChinaTopix

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