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National Insurance News

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10/19/2014 08:22 AM

High-deductible insurance plans can carry large out-of-pocket costs - Charlotte Observer


Charlotte Observer

High-deductible insurance plans can carry large out-of-pocket costs
Charlotte Observer
Look at your medical costs for the last couple of years (many insurance companies have tools to help). Would the lower premiums for a high-deductible plan offset your costs in a typical year? If so, can you save the money in case there are unexpected ...

 

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10/20/2014 12:17 AM

Few options to stop insurance changes - Shreveport Times


Shreveport Times

Few options to stop insurance changes
Shreveport Times
The Jindal administration is under fire for its handling of health insurance plans administered through the Office of Group Benefits, which covers 230,000 state workers, public school teachers, retirees and their dependents. Insurance program members ...

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10/18/2014 02:25 AM

Zurich Insurance: Time for Growth - Barron's


Barron's

Zurich Insurance: Time for Growth
Barron's
Switzerland) have climbed 5.2% in 2014, surpassing the European insurance group's average 1.9% gain, even as European equities fell 4%. The stock is still attractive. Based on Friday's close of 271.90 Swiss francs ($287.36), Zurich trades at just 9.7 ...

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10/20/2014 12:06 AM

1 property insurance claim can hike your premiums by hundreds - WFMZ Allentown


WFMZ Allentown

1 property insurance claim can hike your premiums by hundreds
WFMZ Allentown
Insurers keep a database called the Comprehensive Loss Underwriting Exchange, or CLUE, which tracks seven years' worth of your auto and property insurance claims, as well as any inquiries you may have made about a claim. The database then compiles ...

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10/19/2014 05:01 PM

Your Home Insurance Might Cover the Receipt of Counterfeit Money - Lifehacker


Lifehacker

Your Home Insurance Might Cover the Receipt of Counterfeit Money
Lifehacker
Counterfeit money sucks, but it happens to the best of us. The person who gave it to you might not even know it's counterfeit. You'll find out you've got a bogus bill when you try to use it at the store or at the bank, though. Thankfully, your ...

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10/17/2014 08:38 AM

Why Do So Few California Homeowners Have Earthquake Insurance? - NBCNews.com


NBCNews.com

Why Do So Few California Homeowners Have Earthquake Insurance?
NBCNews.com
Many people never read their insurance policies. “People think it's covered in their homeowner's policy, but it's not,” said Glenn Pomeroy, CEO of the California Earthquake Authority (CEA), which manages a state-run pool of earthquake insurance policies.
25 years after Bay Area quake, most don't have earthquake insuranceMarketWatch
San Francisco Quake Risk Rises Amid Dearth of InsuranceBloomberg

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10/19/2014 10:39 PM

Decision coming soon on proposed insurance rate hike - WNCN


Decision coming soon on proposed insurance rate hike
WNCN
The North Carolina Rate Bureau, which represents the interests of insurance companies, are requesting the hike, which varies by region. Some coastal counties could see larger increases. They say rates have been historically low and severe weather ...

 

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10/19/2014 08:12 PM

The one thing that can hike your insurance premiums by hundreds - wtvr.com


wtvr.com

The one thing that can hike your insurance premiums by hundreds
wtvr.com
NEW YORK — File just one property claim to your insurer and you can expect to see your premiums soar by hundreds of dollars in some states. On average, filing a single claim — for anything ranging from a stolen bicycle to tornado damage — will ...

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10/19/2014 07:18 AM

New crop insurance program to benefit small producers - Bismarck Tribune


Bismarck Tribune

New crop insurance program to benefit small producers
Bismarck Tribune
Previously, small organic, specialty crop and vegetable growers, like those who sell their products at farmers markets, may not have grown enough of each crop to qualify for insurance, North Dakota Agriculture Commissioner Doug Goehring said. Under the ...
Small producers to be aided by new crop insuranceMinot Daily News

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10/19/2014 04:48 PM

Latin American business draws insurance companies to Miami - Metro.us


Metro.us

Latin American business draws insurance companies to Miami
Metro.us
A decade ago, setting up satellite offices in South Florida wasn't especially common for insurance companies. Then again, the Latin American economic landscape looked very different 10 years ago. The last decade has reflected booming economic changes ...

 

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insurance news feeds
 

International Insurance News

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10/14/2014 08:29 AM

Venetico Marine SA vs International General Insurance Company Limited and ... - Lexology (registration)


Venetico Marine SA vs International General Insurance Company Limited and ...
Lexology (registration)
The IRENE EM (the "Vessel") was insured for hull and machinery, increased value and anticipated costs of replacement under several fleet policies. The hull and machinery policies comprised five policies subscribed by the first 18 defendants, and under ...

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10/03/2014 12:21 PM

S/Leone insurance company wins international award - StarAfrica.com


S/Leone insurance company wins international award
StarAfrica.com
Sierra Leone's International Insurance Company (IIC) has won the Acquisition International Finance Award 2014 as best insurance company in the West African country.The UK-based Corporate Finance Awards body said the award was giving out solely on ...

 

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10/03/2014 09:12 AM

Chicago insurance company acquires Winter Park firm - Insurance News Net


Chicago insurance company acquires Winter Park firm
Insurance News Net
Oct. 03 --A longtime Winter Park insurance brokerage firm has been purchased by Chicago-headquartered Hub International Limited . Kuykendall Gardner Risk & Insurance, founded in Winter Park in 1953, is the second Hub International Limited acquisition ...

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09/25/2014 08:26 AM

20 Jobs for Dublin with AIG Insurance company - CareersPortal


20 Jobs for Dublin with AIG Insurance company
CareersPortal
Peter Hancock, CEO of the global insurance company, will discuss plans with today for the investment with Finance Minister Michael Noonan. This is part of AIG's so-called treasury transformation initiative, which aims to establish an integrated global ...

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10/03/2014 11:12 AM

AM Best Affirms Ratings of Sirius America Insurance Company - Business Wire (press release)


AM Best Affirms Ratings of Sirius America Insurance Company
Business Wire (press release)
The ratings of Sirius America reflect its enhanced risk management strategy, its strategic importance to its parent, Sirius International Group, Ltd., long-term market presence and excellent level of risk-adjusted capitalization. As a result of the ...

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10/19/2014 11:04 PM

Elections bolster India's PM Modi - Pittsburgh Post-Gazette


Elections bolster India's PM Modi
Pittsburgh Post-Gazette
Thus the victories could make it easier to push through a six-year-old bill proposing to allow foreign investors ownership of as much as 49 percent of a local insurance company and also reach agreements to replace more than a dozen types of tax that ...

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10/03/2014 09:56 AM

A.M. Best Upgrades Ratings of Certain Subsidiaries of Old Republic ... - Business Wire (press release)


A.M. Best Upgrades Ratings of Certain Subsidiaries of Old Republic ...
Business Wire (press release)
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has upgraded the financial strength rating (FSR) to A+ (Superior) from A (Excellent) and the issuer credit ratings (ICR) to “aa-” from “a+” of Old Republic Insurance Company (Greensburg, PA) and Old Republic ...

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10/19/2014 06:42 PM

Hospitals Sweat Potential Ebola Liability - The National Law Journal (registration)


Hospitals Sweat Potential Ebola Liability
The National Law Journal (registration)
Shannon Salimone, a Holland & Knight partner in Tallahassee, was advising a "large health care provider" in Florida about whether it should ask about recent international travel on its patient intake form. "I definitely think asking questions is a ...

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10/19/2014 04:46 AM

New regulations to strengthen Oman's insurance sector - gulfnews.com


New regulations to strengthen Oman's insurance sector
gulfnews.com
Dubai: The Capital Market Authority of Oman's (CMA) new regulations requiring Omani insurers to be listed on the Muscat Securities Market and maintain capital of at least OMR10 million ($26 million, Dh95 million), will strengthen the Omani insurance ...

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09/29/2014 03:17 PM

China Life Insurance: Rising International Competition And Opaque Financials - Seeking Alpha (registration)


China Life Insurance: Rising International Competition And Opaque Financials
Seeking Alpha (registration)
Therein lies the opportunity for both LFC and its international competitors. As China and other Asian markets slowly become more sophisticated and developed over the next few decades, Chinese consumers will undoubtedly begin purchasing life insurance ...

 

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