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National Insurance News

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10/20/2014 08:03 AM

Willis in Talks With Miller Insurance to Take Majority Stake - Bloomberg


Willis in Talks With Miller Insurance to Take Majority Stake
Bloomberg
Willis Group Holdings Plc (WSH), the third-largest insurance broker by market value, said it's in exclusive talks with Miller Insurance Services LLP to take a majority stake and combine some of their businesses. Under the proposed transaction, Miller ...
Willis in London insurance deal talksFinancial Times
Brokers Willis Group, Miller Talk Merger of Wholesale BrandsInsurance Journal
Willis and Miller in exclusive takeover talksInsurance Age
The Insurance Insider (subscription)
all 12 news articles »
 

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10/20/2014 06:38 AM

North Carolina homeowners insurance rates could jump by 25 percent - WTVD-TV


Jacksonville Daily News

North Carolina homeowners insurance rates could jump by 25 percent
WTVD-TV
Experts from the North Carolina Rate Bureau -- which represents insurance companies -- and the Department of Insurance presented their cases to Insurance Commissioner Wayne Goodwin at a packed meeting Monday morning that could go on for several ...
NC Insurance Dept. To Consider 25 Percent Rate IncreaseWUNC
Local officials attend insurance hearingsJacksonville Daily News
Hearing today over proposed 25% home insurance rate hikeWITN
myfox8.com -WNCT
all 31 news articles »
 

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10/20/2014 10:58 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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10/19/2014 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 07:33 AM

Proposition 45 to Determine Future of Health Insurance Rates in Calif. - IVN News


Proposition 45 to Determine Future of Health Insurance Rates in Calif.
IVN News
In November, Californians will have the opportunity to vote on a potential major change in the process of approving health insurance rates. Proposition 45 moves small group and individual health insurance into the regulatory realm of automobile and ...
Prop 45 Debate by Insurance Commissioner Candidates is Good IdeaFox and Hounds Daily
New anti-Prop. 45 TV ad misleads viewersSan Jose Mercury News

all 36 news articles »
 

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10/20/2014 11:37 AM

4 Things You Need to Know About Commercial Vehicle Insurance - Entrepreneur


4 Things You Need to Know About Commercial Vehicle Insurance
Entrepreneur
If you're operating a business that uses a car or truck, skimping on insurance is the last thing you want to do. This is just common sense, says Loretta Worters, vice president of the Insurance Information Institute. "Business vehicles are targets ...

 

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10/20/2014 08:52 AM

Why 10 Percent of Life Insurance Agents Have A Lock On The Ultra-High-Net ... - Forbes


Why 10 Percent of Life Insurance Agents Have A Lock On The Ultra-High-Net ...
Forbes
Life insurance plays an instrumental role in the portfolios of many ultra-wealthy individuals. “Insurance is used not only for the death benefit that can help replace or offset lost income or assets,” explains Hannah Shaw Grove, the author of ...

 

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10/20/2014 04:32 AM

Am I Covered By My Insurance If I Get Ebola? Practicality Amid Panic - MainStreet


Fortune

Am I Covered By My Insurance If I Get Ebola? Practicality Amid Panic
MainStreet
Although the current outbreak is centered in western Africa in the nations of Liberia, Sierra Leone and Guinea, consumers who have a health insurance plan meeting the coverage requirements of the Affordable Care Act would be covered if they were to ...
Why health insurance companies are doomedFortune
Cotterell: Good health insurance a perk for state employeesTallahassee.com
Take a look at health insurance plansMcPherson Sentinel
Boothbay Register -Berkshire Eagle -Gant Daily
all 29 news articles »
 

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10/20/2014 09:38 AM

Marsh to Acquire Flood Insurance Technology Firm Torrent - Insurance Journal


Marsh to Acquire Flood Insurance Technology Firm Torrent
Insurance Journal
Torrent's approximately 100 employees will combine with Marsh's existing flood insurance specialists and remain headquartered in Kalispell, Montana, to create a Flood Center of Excellence, offering a suite of flood insurance products and services.
Marsh expands its flood insurance capabilities with Torrent acquisitionPropertyCasualty360

all 8 news articles »
 

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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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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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10/20/2014 07:23 AM

Will This Analyst Action Help AIG (AIG) Stock Today? - TheStreet.com


Will This Analyst Action Help AIG (AIG) Stock Today?
TheStreet.com
NEW YORK (TheStreet) -- Shares of American International Group (AIG) are up 0.95% to $51.24 after Deutsche Bank upgraded the global insurance company to "buy" from "hold," citing valuation following the recent pullback in shares. Deutsche believes ...
American International Group Stock Rating Upgraded by Deutsche Bank (AIG)Mideast Time

all 14 news articles »
 

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10/16/2014 06:02 PM

Global Indemnity Agrees To Purchase American Reliable Insurance Company - SYS-CON Media (press release)


Global Indemnity Agrees To Purchase American Reliable Insurance Company
SYS-CON Media (press release)
DUBLIN, Ireland, Oct. 16, 2014 /PRNewswire/ -- Global Indemnity plc's (NASDAQ: GBLI) U.S. affiliate agreed to purchase American Reliable Insurance Company from Assurant, Inc. (NYSE: AIZ). In a transaction with an enterprise value of approximately ...

 

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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 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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10/20/2014 07:33 AM

David Atkins Appointed to Till Capital Board of Directors - MarketWatch


David Atkins Appointed to Till Capital Board of Directors
MarketWatch
Mr. Atkins presently serves as Chairman of CIGNA Life Insurance Company of Canada and Chairman of Omega Insurance Holdings Inc. He also serves as a Director of Nightingale Informatix Corp., a TSE Venture listed company; Director of Integrated Asset ...

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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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10/20/2014 09:33 AM

Equities in Focus - International Business Machines Corp. (NYSE:IBM ... - Street Newswire (registration)


Equities in Focus - International Business Machines Corp. (NYSE:IBM ...
Street Newswire (registration)
Insurance company American International Group Inc (NYSE:AIG) has been upgraded by analysts at Deutsche Bank to a buy rating from a hold. The firm also raised its price target on the stock to $60 from $59 a share, which marks a potential upside of 18% ...

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