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National Insurance News

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09/30/2016 06:00 PM

Minnesota Regulator: Insurance Market in Dire Situation - ABC News


Duluth News Tribune

Minnesota Regulator: Insurance Market in Dire Situation
ABC News
Minnesota's individual health care market is in "an emergency situation," the state's top industry regulator said Friday, noting that it took the approval of massive rate increases to persuade all its remaining insurance companies not to pull out for ...
Individual health insurance premiums soarDuluth News Tribune
Individual health insurance premiums soar in MinnesotaINFORUM
Minnesota Regulator: Health Insurance Market in Dire SituationKSTP.com
CBS Local
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09/30/2016 01:17 PM

AXA, Allianz vie for StanChart's general insurance distribution deal: sour... - Reuters


Reuters

AXA, Allianz vie for StanChart's general insurance distribution deal: sour...
Reuters
L) deal that would enable the sale of general insurance products through the bank's Asian branches, people familiar with the matter said. A unit of Japan's MS&AD (8725.T), Standard Chartered's existing general insurance partner, has also progressed to ...

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09/29/2016 03:50 PM

Insurance May Be Dropped for Properties That Repeatedly Flood ... - Scientific American


Scientific American

Insurance May Be Dropped for Properties That Repeatedly Flood ...
Scientific American
Congress is taking aim at how communities address some of the most troublesome properties that require repeated federal flood insurance payouts under the ...

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09/30/2016 04:49 PM

Great Dane who ate girl's pants among 11 finalists for 'Hambone' insurance award - UPI.com


UPI.com

Great Dane who ate girl's pants among 11 finalists for 'Hambone' insurance award
UPI.com
A Great Dane puppy who ate a young girl's jeans was named one of 11 finalists for Nationwide Insurance's annual "Hambone Award." The award grants a $10,000 prize to the veterinary hospital which treated pets involved in strange insurance claims.

 

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09/29/2016 03:57 PM

Was your car caught in Detroit's floods? Here are some insurance tips - Detroit Free Press


Detroit Free Press

Was your car caught in Detroit's floods? Here are some insurance tips
Detroit Free Press
Editor's note: This story originally published Aug. 13, 2014. In the wake of flooding, Michigan homeowners and drivers should tap into some tips from insurance professionals. If your car was stranded in water, AAA Michigan suggests you call the claim ...

 

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09/30/2016 01:00 PM

Tax And Insurance Changes That Will Change Your Business In 2017 - Forbes


Tax And Insurance Changes That Will Change Your Business In 2017
Forbes
Every year, it seems like there are changes to the laws and regulations that frame the compliance structure we must adhere to as business owners. This upcoming year is no different: In fact, 2017 will signal major changes with a new president in the ...

 

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09/30/2016 06:40 PM

How To Choose Between Term Life Insurance Through Work Or On Your Own - Huffington Post


How To Choose Between Term Life Insurance Through Work Or On Your Own
Huffington Post
After you review your employer's life insurance offerings during the annual open enrollment period, you get to decide if a policy works for you — and that choice is highly individual. Sixty-five percent of workers who buy life insurance through work ...

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09/30/2016 03:29 AM

State to Release New Individual Insurance Rates Friday - KSTP.com


State to Release New Individual Insurance Rates Friday
KSTP.com
So instead, she's one of about 200,000 Minnesotans buying insurance straight from the company and proposed rates released by the Department of Commerce earlier this month are a signal that she could be paying a monthly premium of 36% to 66% more ...

 

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09/30/2016 02:11 PM

Wells Fargo stuck man with pricier flood insurance - Asbury Park Press


Asbury Park Press

Wells Fargo stuck man with pricier flood insurance
Asbury Park Press
But for some reason, Wells Fargo Home Lending paid a higher flood insurance premium to Selective Insurance, an increase of about $3,700. He found out after Wells Fargo sent him a statement saying his mortgage payment would increase to fill his escrow ...

 

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09/30/2016 01:06 AM

New Orleans' revised flood maps set to slash insurance rates for many homeowners - The Advocate


The Advocate

New Orleans' revised flood maps set to slash insurance rates for many homeowners
The Advocate
Under the new maps in Orleans Parish, more than 53 percent of all the properties in the city will be moved out of so-called Special Flood Hazard Areas, higher-risk areas where flood insurance is often mandated by mortgage companies. That can mean ...
Trades Offer Recommendations for Improving Flood InsuranceABA Banking Journal (blog)

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International Insurance News

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09/29/2016 09:07 PM

A.M. Best Upgrades Credit Ratings of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group ... - Yahoo Finance


A.M. Best Upgrades Credit Ratings of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group ...
Yahoo Finance
A.M. Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-” of Mutual Trust Life Insurance Company, a Pan-American Life Insurance Group Stock ...

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09/30/2016 02:49 PM

American International Group Inc. (AIG) Given New $68.00 Price Target at Barclays PLC - The Cerbat Gem


The Cerbat Gem

American International Group Inc. (AIG) Given New $68.00 Price Target at Barclays PLC
The Cerbat Gem
American International Group logo American International Group Inc. (NYSE:AIG) had its price target boosted by Barclays PLC from $60.00 to $68.00 in a report issued on Friday. The firm presently has an “overweight” rating on the insurance provider's ...
Barclays PLC Boosts American International Group Inc. (AIG) Price Target to $68.00Evergreen Investor

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09/23/2016 07:32 PM

Chubb Names Graham Fulcher Chief Actuary of its International ... - PR Newswire (press release)


Chubb Names Graham Fulcher Chief Actuary of its International ...
PR Newswire (press release)
NEW YORK, Sept. 23, 2016 /PRNewswire/ -- Chubb today announced that Graham Fulcher has been appointed Chief Actuary for Overseas General Insurance, ...

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09/27/2016 12:12 PM

SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ... - Chester News


SEC Watch Reporter: Manufacturers Life Insurance Company The Cut Its Stake in Royal Bk Cda Montreal Que (RY) by ...
Chester News
Manufacturers Life Insurance Company The who had been investing in Royal Bk Cda Montreal Que for a number of months, seems to be less bullish one the $90.16 billion market cap company. ... Cards and Payment Solutions (Canadian Banking), Caribbean and ...

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09/30/2016 01:12 AM

Generali to exit Guatemala and Liechtenstein - International Adviser


International Adviser

Generali to exit Guatemala and Liechtenstein
International Adviser
In December 2015, Generali International merged with Generali Worldwide, to focus on its operations in the Bahamas, the British Virgin Islands, the Cayman Islands, Guernsey, Jersey, Hong Kong, Singapore and the UAE. The merger saw the insurer stop ...

 

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09/30/2016 01:43 PM

Argo Group Names AIG's Hernandez to Lead International Business - Insurance Journal


Argo Group Names AIG's Hernandez to Lead International Business
Insurance Journal
Bermuda-based specialty insurer Argo Group International Holdings announced the appointment of Jose A. Hernandez to lead the company's international business, which includes all insurance and reinsurance operations outside of the U.S.. Hernandez ...

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09/29/2016 06:35 PM

American International Group Inc. (NYSE:AIG) Receives Consensus Rating of "Buy" from Analysts - Community Financial News


Community Financial News

American International Group Inc. (NYSE:AIG) Receives Consensus Rating of "Buy" from Analysts
Community Financial News
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 to customers in over 100 countries and ...

 

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09/27/2016 01:06 AM

Dubai Regulator Fines Insurer For Sales Outside Permitted Zone ... - International Adviser


International Adviser

Dubai Regulator Fines Insurer For Sales Outside Permitted Zone ...
International Adviser
The Dubai Financial Services Authority (DFSA) has cracked down on an international insurance company based in the DIFC for selling products to customers ...

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09/29/2016 05:19 AM

ICICI Prudential Life Insurance Company slips on debut - Business Standard


Business Today

ICICI Prudential Life Insurance Company slips on debut
Business Standard
ICICI Prudential is a joint venture between ICICI Bank and Prudential Corporation Holdings, a part of the Prudential Group, an international financial services group. The company is one of the first private sector life insurance companies in India. It ...
Nifty, Midcap remain higher; ICICI Prudential lists at Rs 329Moneycontrol.com

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09/22/2016 09:02 PM

BoG muzzles International Life's board - Kathimerini


BoG muzzles International Life's board
Kathimerini
The Bank of Greece has removed the executive powers of International Life's governing board, conceding the insurance company's full control to insurance administrator Ioannis Peristeris. By the same token, the central bank is extending the ban on the ...

 

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