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National Insurance News

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09/19/2014 09:11 AM

Medical Records For Sale in Underground Stolen From Texas Life Insurance Firm - Krebs on Security


Medical Records For Sale in Underground Stolen From Texas Life Insurance Firm
Krebs on Security
The financial information in the stolen life insurance applications includes the checking and/or savings account information of the applicant, and is collected so that American Income can pre-authorize payments and automatic monthly debits in the event ...

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09/19/2014 02:30 PM

In the 'sharing economy,' typical insurance won't cut it, insurance ... - The Oregonian - OregonLive.com


In the 'sharing economy,' typical insurance won't cut it, insurance ...
The Oregonian - OregonLive.com
Typical insurance policies won't cover people participating in the "sharing economy" by renting out their home or using their car for a driving service, Oregon's insurance commissioner warned Friday. The state's insurance regulator had previously ...

 

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09/19/2014 10:15 AM

Starkville revokes same-sex insurance - The Commercial Dispatch


Starkville revokes same-sex insurance
The Commercial Dispatch
Citizens were able to come forward and speak for or against the plus-one health insurance for city employees Tuesday night at City Hall in Starkville. The new plan would have provided health insurance not only for couples but also partners, or members ...
Starkville revokes insurance option for same-sex partnersJackson Clarion Ledger
Starkville: No insurance for same-sex partnersHattiesburg American

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09/18/2014 03:55 PM

Gov. signs controversial ridesharing bill - U-T San Diego


Reuters

Gov. signs controversial ridesharing bill
U-T San Diego
Jerry Brown on Tuesday signed a compromise bill that closes insurance gaps and calls for greater oversight of California's burgeoning ridsharing industry. On the same day, Uber, the industry's largest firm, announced major hiring plans focused on ...
California governor signs ridesharing insurance legislationReuters
New insurance standards for Uber, Lyft signed into lawKTVU San Francisco
Gov. Brown signs ride-sharing insurance bill into lawLos Angeles Times
San Jose Mercury News -NBC Bay Area
all 137 news articles »
 

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09/19/2014 08:35 AM

Do You Need Student Loan Insurance? - Fox Business


Do You Need Student Loan Insurance?
Fox Business
Also not surprising is the fact that there is a market-based solution to the problem: disability insurance for student loans. The Guardian Life Insurance Company of America recently announced it is expanding its Student Loan Protection Rider on its ...

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09/18/2014 09:12 PM

Report Anthony Kims PGA Tour disappearance may hinge on 10 million ... - FOXSports.com


New York Daily News

Report Anthony Kims PGA Tour disappearance may hinge on 10 million ...
FOXSports.com
The answer very well may lie in an insurance policy Kim has against a career-ending injury. An IMG source pegged its value at $10 million, tax-free. Kim's (anonymous) friend, who has had financial discussions with him, says,"It's significantly north of ...
An 8-figure insurance policy may explain Anthony Kim's disappearance from golfSB Nation
Anthony Kim reportedly will earn $10 million in tax- free insurance payout if ...New York Daily News
Is insurance policy paying Anthony Kim $20M to stay off PGA Tour?CBSSports.com
Business Insider -Insurance Business America
all 32 news articles »
 

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09/19/2014 02:25 PM

Health insurance program still hemorrhaging cash - Charlotte Observer


Charlotte Observer

Health insurance program still hemorrhaging cash
Charlotte Observer
Sen. Dan Claitor, R-Baton Rouge, questions Louisiana Gov. Bobby Jindal's chief budget adviser, Kristy Nichols, about changes made to the state employee health insurance program, Friday, Sept. 19, 2014, in Baton Rouge, La. The changes have raised ...

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09/19/2014 10:50 AM

Relative Value Health Insurance And Pay For Performance For Insurers ... - Health Affairs (blog)


Relative Value Health Insurance And Pay For Performance For Insurers ...
Health Affairs (blog)
A recent insurance reform proposal, known as Relative Value Health Insurance (RVHI), received considerable attention, for instance, in The Upshot, The Incidental Economist, and Forbes. RVHI enables insurers to reduce their contractual obligation to ...

 

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09/18/2014 04:31 PM

State warns about misleading insurance ads - DesMoinesRegister.com


State warns about misleading insurance ads
DesMoinesRegister.com
Iowans looking at annuities and other insurance products should be wary of potentially deceptive advertisements, a state agency said this week. The Iowa Insurance Division has seen more marketing companies that work with insurance firms use misleading ...

 

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09/18/2014 09:39 PM

HPIA issues moratorium on insurance in lava zone - Hawaii News Now


HPIA issues moratorium on insurance in lava zone
Hawaii News Now
Hawaii Property Insurance Association, the company set up by the state of Hawaii to provide insurance for homes in high-risk lava zones on the Big Island, has temporarily stopped issuing new insurance polices there. Insurance industry experts said it's ...

 

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International Insurance News

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09/11/2014 12:14 AM

Specialty Insurance Group Partners with Everest Reinsurance Company to ... - Insurance News Net


Specialty Insurance Group Partners with Everest Reinsurance Company to ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

 

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08/30/2014 04:16 AM

AM Best Assigns Ratings To Ally International - Bernews


AM Best Assigns Ratings To Ally International
Bernews
Rating company A.M. Best has assigned a financial strength rating of B++ [Good] and an issuer credit rating of “bbb+” to Ally International Insurance Company Ltd. [Ally IICL], which is ultimately owned by Ally Financial, Inc. [Ally Financial]. The ...

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09/03/2014 12:55 PM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ... - Business Wire (press release)


Specialty Insurance Group (SIG) and Everest Reinsurance Company Announce ...
Business Wire (press release)
... and Everest Reinsurance Company, both members of Everest Re Group, Ltd., have announced an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance company partners ...

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09/08/2014 02:37 AM

Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ... - Insurance News Net


Specialty Insurance Group (SIG) and Everest Reinsurance Company Launch ...
Insurance News Net
... Insurance Group (SIG) and Everest Reinsurance Company , both members of Everest Re Group have reported an initiative to offer comprehensive solutions for specialty coverages to the reinsurance and wholesale broker community and their insurance ...

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09/11/2014 08:02 PM

American International Group: A Deep-Value Insurance Investment With Massive ... - Seeking Alpha (registration)


American International Group: A Deep-Value Insurance Investment With Massive ...
Seeking Alpha (registration)
The insurance company, which is an industry leader in property and casualty, as well as life insurance solutions, has launched a strong comeback with accompanying share buybacks, initiated a dividend and is now in the process of improving the ...

 

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08/28/2014 01:03 PM

Update on International Fidelity Insurance Company's Financial Condition - PR Web (press release)


Update on International Fidelity Insurance Company's Financial Condition
PR Web (press release)
IFIC has recently filed its second quarter June 30, 2014 statutory financial statements. The company's improved investment performance and continuing sound underwriting results contributed to an increase, year over year, in earnings before and after ...

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09/18/2014 01:47 PM

Pan-American Life Insurance Group Introduces Their Independent Contractor ... - Insurance News Net


Pan-American Life Insurance Group Introduces Their Independent Contractor ...
Insurance News Net
Greenwood International Insurance Services, Inc. , a wholly-owned subsidiary of Pan-American Life Insurance Company , specializes in medical stop loss, group accident insurance, and occupational accident insurance. GWI delivers superior customer ...

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08/26/2014 07:09 PM

On the move: How and why to obtain international health insurance - Devex


On the move: How and why to obtain international health insurance
Devex
... of coverage, it was $21,” said David Brumbach, director of personal insurance with Clements Worldwide, a global insurance company with more than 65 years of experience helping development professionals secure the international coverage they need.

 

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09/19/2014 09:25 AM

Competitive Pressures Mount for Reinsurers - Insurance Journal


Insurance Journal

Competitive Pressures Mount for Reinsurers
Insurance Journal
Reinsurers are being squeezed by price competition and subdued demand from insurers for their products, and traditional mergers may not be enough to save those that lack either global reach or specialized focus. Medium-sized, “me-too” reinsurers are ...

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09/19/2014 07:11 AM

Litmus Analysis' Shipperlee Explains Current Re/Insurance Ratings - Insurance Journal


Litmus Analysis' Shipperlee Explains Current Re/Insurance Ratings
Insurance Journal
As the former head of A.M. Best in London, and a senior executive with Standard & Poor's, Litmus Analysis Senior Partner Stuart Shipperlee has a very complete knowledge of what re/insurance company ratings are, and, perhaps more importantly, what they ...

 

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