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National Insurance News

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09/30/2016 09:01 PM

One more chance to decide on federal long-term care insurance - Washington Post


Washington Post

One more chance to decide on federal long-term care insurance
Washington Post
It's not over yet. Federal workers and retirees participating in the Federal Long Term Care Insurance Program (FLTCIP) had until Sept. 30 to make a decision about their coverage. But there's still a window to make a change. Their need to make a ...

 

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10/01/2016 12:10 AM

Individual health insurance premiums soar in Minnesota - Duluth News Tribune


Duluth News Tribune

Individual health insurance premiums soar in Minnesota
Duluth News Tribune
And Friday's punch comes after nearly half of the same people felt similar pain this summer when Blue Cross Blue Shield told them it was eliminating all but one of its individual health policies, forcing them to go insurance shopping. State regulators ...
Minnesota Regulator: Insurance Market in Dire SituationABC News
MN insurance premiums jump, state calls increases 'unsustainable'Minneapolis / St. Paul Business Journal
Growing insurance premiums frustrate farmers, self-employedINFORUM

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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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09/30/2016 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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10/01/2016 12:15 AM

WPS subsidiary Arise leaving health insurance exchange - Madison.com


WPS subsidiary Arise leaving health insurance exchange
Madison.com
Arise Health Plan is following the lead of other major health insurance companies and abandoning the Affordable Care Act exchange. The wholly owned subsidiary of Madison-based WPS Health Solutions no longer will sell or renew individual health plans ...

 

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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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09/29/2016 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 National Flood Insurance Program. Bipartisan legislation introduced yesterday would force ...

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09/30/2016 11:17 PM

Common Ground insurance co-op secures financing - Milwaukee Journal Sentinel


Milwaukee Journal Sentinel

Common Ground insurance co-op secures financing
Milwaukee Journal Sentinel
Common Ground Healthcare Cooperative said Friday it has received a capital infusion that will enable it to remain in business and continue to sell health plans next year. The cooperative said that under terms of its agreement, it could not disclose the ...

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09/30/2016 03:00 PM

How IoT is expected to transform the insurance industry - RCR Wireless News


RCR Wireless News

How IoT is expected to transform the insurance industry
RCR Wireless News
Some auto and health insurers are already offering a new type of insurance, usage-based insurance (UBI), that uses IoT devices to track clients' activity and offer discounts or rewards for healthy and safe behavior. Business Insider expects 17 million ...

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09/30/2016 08:13 PM

Federal Insurance Office warns of low rates, hackers - LifeHealthPro


LifeHealthPro

Federal Insurance Office warns of low rates, hackers
LifeHealthPro
The Federal Insurance Office says in its new annual report that low interest rates are pushing life insurers to lock away their assets for longer periods of time, that merger activity in the life and health sector is heating up, and that Molina ...

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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 ... - The Cerbat Gem


The Cerbat Gem

American International Group Inc. (AIG) Given New $68.00 Price ...
The Cerbat Gem
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 ...
Shares Of American International Group (NYSE:AIG) Rated As ...Fiscal Standard

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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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09/23/2016 07:32 PM

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


Chubb Names Graham Fulcher Chief Actuary of its International General Insurance Business
PR Newswire (press release)
23, 2016 /PRNewswire/ -- Chubb today announced that Graham Fulcher has been appointed Chief Actuary for Overseas General Insurance, the company's international general insurance business. He succeeds Michael Kessler, who was recently appointed Vice ...

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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 outside the centre. Print · Dubai regulator fines insurer for sales outside permitted zone ...

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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 ...

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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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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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09/29/2016 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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09/29/2016 08:46 PM

FASB Proposes Changing Standards for Insurance Contracts - Accounting Today


FASB Proposes Changing Standards for Insurance Contracts
Accounting Today
The new standard would also eliminate the use of an asset rate (that is, an insurance company's expected investment yield) to discount liability cash flows. Instead it would require cash flows to be discounted at a high-quality fixed-income instrument ...

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