Insurance News Mar 2010
Previous 1 2 3 Next
Farmers Insurance signs 4-year deal to sponsor Torrey Pines
Farmers Insurance has signed a four-year agreement to be the title sponsor at Torrey Pines for the next four years. (Mon, 15 Mar 2010 20:57:44 GMT)
Farmers Insurance to sponsor Torrey Pines
Farmers Insurance must have liked what it saw at Torrey Pines in its 10 days as a title sponsor, deciding Monday to sign up for the next four years to fill an important hole of title sponsorship in the PGA Tour schedule. PGA Tour commissioner Tim Finchem did not disclose financial terms, saying only that the purse next year would be $5.8 million, an increase of $500,000 from this year. (Mon, 15 Mar 2010 21:03:30 GMT)
About 1 in 4 in California lack health insurance, a UCLA study finds
The jump in 2009 to 8.2 million adults and children from 6.4 million in 2007 stems largely from job cuts and the loss of employer-sponsored coverage amid the recession. Nearly 1 in 4 Californians under age 65 had no health insurance last year, according to a new report, as soaring unemployment propelled vast numbers of once-covered workers into the ranks of the uninsured. (Tue, 16 Mar 2010 03:02:30 GMT)
Flaherty Says He Can ‘Cause’ Banks to Drop Insurance Web Sales
March 16 (Bloomberg) -- Canadian Finance Minister Jim Flaherty said he can “cause” the country’s banks to remove Web-site marketing of their insurance services if they don’t reach an “amicable conclusion” on the issue. (Tue, 16 Mar 2010 05:19:31 GMT)
Is Your Dog Covered Under Your Homeowners Insurance?
ONTARIO, Calif., March 16 /PRNewswire/ -- "Asking if your dog is covered under your homeowners insurance policy may be a strange question to ask, but according to the Journal of American Medical Association, the number of dog bites in America now tops 4.5 million per year," says Frank N. (Tue, 16 Mar 2010 12:13:22 GMT)
DeMarrais: Insurance covers trees, but not water
Now comes the cleanup and figuring out who will pay for it. In many cases, your insurance company will pick up the tab for storm-related damages, especially if they were caused by trees or the wind. (Tue, 16 Mar 2010 12:32:25 GMT)
Insurance Fraud Sweep Puts South Floridians In Jail
A Florida insurance fraud sweep prompts several arrests across South Florida. (Tue, 16 Mar 2010 12:41:23 GMT)
Don't Fret: CBS 2 Helps You File Insurance Claim
Fallen trees, flooded basements, floating property … as residents continue to clean up following this past weekend's nor'easter, what's next? Do you have the proper insurance and when should you file a claim? CBS 2 HD has plenty of information to help get you started. (Tue, 16 Mar 2010 13:48:54 GMT)
New York Man Charged with Insurance Fraud for Mobile Home Fire
An upstate New York man who claimed he was thrown 35 feet out of his mobile home by the force of a propane explosion has been charged with insurance fraud, New York insurance officials said. State ... (Tue, 16 Mar 2010 14:57:11 GMT)
Family of killed luger will get insurance payout
The family of the Georgian luge athlete who died in a training crash on the Olympic track hours before the Vancouver Games formally opened last month will receive an undisclosed insurance settlement. Vancouver organizing officials say Nodar Kumaritashvili's family qualifies for a death benefit. VANOC took out insurance on the approximately 5,000 members of the Olympic family, including... (Tue, 16 Mar 2010 19:03:05 GMT)
Deceased Georgian luger's family reaches insurance settlement
VANCOUVER, British Columbia (AP) -- The family of the Georgian luge athlete who died in a training crash on the Olympic track hours before the Vancouver Games formally opened last month will receive an undisclosed insurance settlement. (Tue, 16 Mar 2010 20:09:42 GMT)
Middle Class Losing Health Insurance Faster Than The Rich Or Poor
It's the biggest "doughnut hole" of them all: Members of the middle class are losing their health insurance faster than any other income group, according to a new report from the Robert Wood Johnson Foundation. (Wed, 17 Mar 2010 05:34:08 GMT)
Insurance costs pinching average Hoosiers
WASHINGTON -- The middle class is being hit hardest by escalating health insurance costs, according to a report being released today by the nonpartisan Robert Wood Johnson Foundation. (Wed, 17 Mar 2010 09:43:42 GMT)
Car gap insurance: Is it right for you?
Car gap insurance is a smart buy for some. Here's how to decide if it's right for you. (Wed, 17 Mar 2010 10:00:00 GMT)
CBS 2 Speaks To Expert On Filing Insurance Claims
With all this damage, homeowners are left wondering: who pays, and how much? And what many people are discovering is insurance has a lot of quirks that could keep you from getting money back if you're not patient. CBS 2 HD talked with an expert Tuesday about what to watch for. (Wed, 17 Mar 2010 10:05:08 GMT)
Govt's tail between its legs after dog insurance U-turn
The government has abandoned proposals to force dog-owners to buy compulsory third-party insurance, just a week after proposing the idea. (Wed, 17 Mar 2010 10:20:42 GMT)
Israel's Migdal Insurance swings to Q4 profit
TEL AVIV, March 17 (Reuters) - Israel's Migdal Insurance and Financial Holdings said on Wednesday it swung to a net profit in the fourth quarter, boosted by steep gains from capital market investments. (Wed, 17 Mar 2010 10:51:30 GMT)
Migdal Insurance Climbs to Record After Posting 2009 Profit
March 17 (Bloomberg) -- Migdal Insurance & Financial Holdings Ltd. , Israel’s largest insurer by market value, jumped to the highest level in at least 13 years after saying it returned to profit last year. (Wed, 17 Mar 2010 12:12:46 GMT)
Best Affirms Ratings of Farmers Insurance Group and Members
A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A' (Excellent) and issuer credit ratings (ICR) of "a" of Farmers Insurance Group and its members. Best also affirmed the debt ... (Wed, 17 Mar 2010 14:42:01 GMT)
'So Much' For Paradise: Battered By Bad Insurance
Lionel Shriver's novel So Much for That tells the story of Shep Knacker, who is about to retire to a tropical island when his wife gets diagnosed with cancer. To keep his insurance, Shep has to keep his hated job, but he soon discovers that even the full coverage of the fully employed may not be enough to keep him afloat. (Thu, 18 Mar 2010 04:14:46 GMT)
National Insurance of Uganda Share Offering Is Oversubscribed
March 18 (Bloomberg) -- National Insurance Corp.’s initial public offering attracted bids for 32 percent more stock than was offered by the Ugandan company, the lead brokers said. (Thu, 18 Mar 2010 06:50:54 GMT)
MS&AD to Seek Asian Life Insurance Alliances After Japan Merger
March 18 (Bloomberg) -- MS&AD Insurance Group Holdings Inc., set to become Japan’s biggest casualty insurer after a three-way merger, said it’s in talks with Chinese and Indian firms to expand its life business as earnings growth stalls at home. (Thu, 18 Mar 2010 09:49:05 GMT)
Ex-insurance agent convicted on 3 counts
Former Connersville insurance agent Christopher West was convicted Wednesday by a Franklin County jury on three counts of violating state securities laws. (Thu, 18 Mar 2010 10:11:10 GMT)
Insurance group protests Utah bill
An insurance association whose members cover more than a third of the nation's homes and drivers wants Gov. Gary Herbert to veto a bill that would force quicker payments to customers hit by uninsured or underinsured motorists. (Thu, 18 Mar 2010 13:46:12 GMT)
Should Florida scale back home insurance regulation?
Legislative committees approved measures Wednesday to allow insurers to offer consumers unregulated property insurance policies and to create a two-year term for the insurance commissioner. (Thu, 18 Mar 2010 13:52:58 GMT)
Gov. Bob Riley to sign bill aimed at assisting coastal insurance market
Senate Bill 10, sponsored by Sen. Trip Pittman, R-Montrose, allows certain insurers to avoid the five-year waiting period before they can write policies in Alabama. To qualify, they must submit a $1 million deposit to the state and be approved by the insurance commissioner. (Thu, 18 Mar 2010 14:07:50 GMT)
Commercial Insurance Prices Stayed Flat in 4th Quarter: Towers Watson
A competitive market landscape perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to the latest market survey. After nearly five years of steady price ... (Thu, 18 Mar 2010 14:27:01 GMT)
Federal flood insurance program extension endorsed by House
The U.S. House of Representatives voted Wednesday for another one-month extension of the federal flood insurance program, along with the temporary continuation of expiring unemployment insurance and federal health insurance subsidies for jobless Americans.The measure, adopted by a voice vote, is... (Thu, 18 Mar 2010 14:32:19 GMT)
Utahns paying more for less health insurance
Utahns are paying more for less health insurance, that is if they haven't lost their coverage already at work. (Thu, 18 Mar 2010 14:39:41 GMT)
AP sources: Insurance watchdog not in health bill
Democratic aides say President Barack Obama's plan for a watchdog agency with power to roll back excessive premium hikes by insurance companies has been dropped from the latest version of the health care bill. (Thu, 18 Mar 2010 19:54:22 GMT)
Insurance-rate regulation dropped from latest health bill
WASHINGTON — A Democratic plan for new federal power over health insurance rates was dropped Thursday from the final health care bill, squeezed out by the way the Democrats are pushing the bill through Congress. (Thu, 18 Mar 2010 21:35:00 GMT)
Health Insurance Tips For College Students
Why buy for health insurance when your parents policy can cover you? Read on to avoid paying twice. (Thu, 18 Mar 2010 22:21:20 GMT)
MS&AD to Seek Asian Life Insurance Alliances After Japan Merger
March 19 (Bloomberg) -- MS&AD Insurance Group Holdings Inc., set to become Japan’s biggest casualty insurer after a three-way merger, said it’s in talks with Chinese and Indian firms to expand its life business as earnings growth stalls at home. (Fri, 19 Mar 2010 00:32:16 GMT)
Nevada DMV insurance verification goes online
The Nevada Department of Motor Vehicles this week began a new online service for updating insurance information via the Internet. (Fri, 19 Mar 2010 09:41:38 GMT)
Dems try sweetening health bill with insurance subsidies, rebate
Associated Press WASHINGTON — Historic health care change in the balance, Democrats plowed fresh billions of dollars into insurance subsidies for consumers on Thursday and added a $250 rebate for seniors facing high prescription drugs, last-minute sweeteners to sweeping $940 billion legislation headed for a climactic weekend vote. (Fri, 19 Mar 2010 10:45:16 GMT)
UK Government Scraps Compulsory Dog Insurance Plan
The Labor government's proposal to require all dog owners in England and Wales to obtain liability insurance on their pets [See IJ web site - ... (Fri, 19 Mar 2010 11:11:51 GMT)
Reader letter: What's up with insurance rates?
Today, I walked to my mailbox and picked up my renewal rates for 2010. I drive a 1992 Mercury Topaz and have rented a two-bedroom apartment for 22 years so both tenant insurance and car insurance is due at the same time. (Fri, 19 Mar 2010 13:45:03 GMT)
Gade Insurance to change locations this summer
In an effort to accommodate rapid growth, officials with a local insurance agency announced this week that the business will be moving locations this summer. Kent Gade said that Gade Insurance, currently located on East Seventh Street, will be constructing a new office on a now-vacant lot at Seventh and Olive Streets. The agency is owned by Gade and his wife, Julie, of Atlantic. (Fri, 19 Mar 2010 14:34:05 GMT)
Low-Cost Insurance Policies Aim To Prevent Poverty Among Small-Scale Farmers In Kenya
A pilot crop insurance project recently launched in Kenya, aims to compensate small-scale farmers when crops fail, in an effort to break the cycle of poverty, Business Daily reports. While crop insurance is widely used in the developed world, cost has been a major barrier to offering policies to small-scale farmers in the developing world. In addition, "micro-insurance, particularly for ... (Fri, 19 Mar 2010 14:39:33 GMT)
Insurance Companies Must Fund Former Stanford Executives' Defense Until Court Rules
A 5th Circuit panel has held that a court -- not insurance companies -- will determine whether two insurance companies must pay defense costs for R. Allen Stanford and three other former Stanford Financial Group executives who face criminal charges and civil litigation. The civil litigation filed by the SEC and the federal criminal charges stem from allegations that the former SFG executives ... (Sat, 20 Mar 2010 03:01:31 GMT)
Insurance subsidies prompt questions of affordability
WASHINGTON — The final health care bill that House Democrats hope to pass this weekend would give about 19 million Americans subsidies averaging $6,000 to help pay premiums and other insurance charges, an unprecedented government investment in private health policies that leaves lingering questions about whether coverage would truly become affordable. (Sat, 20 Mar 2010 05:17:15 GMT)
Focus on health care costs to cut insurance costs
Health insurance costs reflect rising health care costs. Control those costs, and we'll control insurance premiums. (Sat, 20 Mar 2010 07:09:07 GMT)
Health insurance helps decide whether gunshots kill
While they appeared to get similar treatment, gunshot victims without health insurance were roughly twice as likely to die in an Oakland hospital as similar victims with insurance. (Sat, 20 Mar 2010 12:07:24 GMT)
State Farm Insurance Gives $2,500 To County for Safe Driving Signs
Crossett State Farm Insurance representative Mary Reed, shown left, presents a $2,500 grant to Darlene Maxwell Thursday afternoon, March 4. The grant is sponsored by State Farm Insurance to increase road safety. (Sat, 20 Mar 2010 13:30:42 GMT)
Danville insurance agent earns top recognition
Richard Moore of Moore Insurance Agency of Virginia, Inc. in Danville earned the No. 5 position in Auto-Owners Insurance Company’s 2009 President’s Club, according to a news release. (Sat, 20 Mar 2010 13:55:09 GMT)
Aegon Religare to roll out five insurance products
Aegon Religare Life Insurance Limited, a joint venture between Aegon, a Netherlands-based international insurance and pension firm and Religare Enterprises Limited, one of India's leading integrated financial services groups, plans to roll out 4-5 new products in 2010-11. (Sat, 20 Mar 2010 14:00:45 GMT)
In Telluride, a struggle between providers and insurance companies
As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies. (Sat, 20 Mar 2010 14:01:50 GMT)
Town of Aurora Trims Insurance Costs
A “soft market” in the insurance business is helping the Town of Aurora to save several thousand dollars while increasing its property coverage. The Town Board accepted a bid from Selective Insurance through Badger and Gunner Insurance for $58,319.76. Councilman James Collins said that was about $7,000 less than last year. (Sat, 20 Mar 2010 14:10:35 GMT)
MA targets bosses in insurance crackdown
Massachusetts has fined more than a thousand companies more than $18 million for failing to offer insurance to their workers. That's a small fraction of what some business owners fear could happen on a national scale if President Barack Obama signs a sweeping health care overhaul. (Sat, 20 Mar 2010 14:22:44 GMT)
Getting Rid of the Middle Man: Insurance Cos.
At his clinic in Burnsville, Minn., Dr. James Eelkema's patients pay on the spot with cash or credit after receiving care. "The insurance companies changed their rules from just recommending stopping smoking to the patient actually having to stop smoking and tying my compensation to that. I thought this isn't what I went to medical school for." (Sat, 20 Mar 2010 23:03:32 GMT)
Know the limitations when choosing among long-term-care insurance plans
If you're thinking about buying long-term-care insurance, here's one more reason to do it: Long-term-care costs continue to escalate. In 2009, the average annual cost of a private nursing-home room rose 3 percent, to nearly $80,000. Luckily, many employers are offering long-term-care insurance as an... (Sun, 21 Mar 2010 04:00:00 GMT)
John Gooding, call center manager, Progressive Group of Insurance Cos.
John Gooding, 46, call center manager with the Progressive Group of Insurance Cos., where he has worked for 17 years. (Sun, 21 Mar 2010 05:00:35 GMT)
Tough test forged bonds between American Strategic Insurance, employees
Thanks to Hurricane Charley, American Strategic Insurance feels like it's a family. (Sun, 21 Mar 2010 05:01:47 GMT)
Life insurance advised for mothers
BOISE, Idaho - Whether a mother works outside the home or dedicates her life as a homemaker, women are less likely than men to have life insurance, and if they die, their families could be thrown into financial chaos. (Sun, 21 Mar 2010 10:08:34 GMT)
Killeen reviews insurance options
As a vote on health care legislation looms in Washington, D.C., city of Killeen officials learned Friday how approval of the overhaul could clash with insurance plans for the city's 1,200 employees. (Sun, 21 Mar 2010 11:19:43 GMT)
At health fair, sign up for low-cost insurance
CLARK COUNTY — People who lack adequate health insurance are invited to a county-sponsored health resource fair on Tuesday. If you qualify, you can sign up for such low-cost public health insurance programs as Apple Health for Kids. (Sun, 21 Mar 2010 13:11:48 GMT)
Earthquakes Not Shaking U.S. Insurance Concerns
The earthquakes in Haiti and Chile have piqued Americans' interest in earthquake insurance — as usually happens after news of big quakes overseas. But there's little sign this interest will do much to increase the number of people who actually buy coverage. Will the government be on the hook when the big one comes? (Sun, 21 Mar 2010 13:28:18 GMT)
Earthquakes Not Shaking U.S. Insurance Concerns
The earthquakes in Haiti and Chile have piqued Americans' interest in earthquake insurance — as usually happens after news of big quakes overseas. But there's little sign this interest will do much to increase the number of people who actually buy coverage. Will the government be on the hook when the big one comes? NPR's Martin Kaste reports. (Sun, 21 Mar 2010 13:33:57 GMT)
In Telluride, a struggle between providers and insurance companies
As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies. (Sun, 21 Mar 2010 14:45:45 GMT)
Insurance Companies Must Fund Former Stanford Executives' Defense Until Court Rules
A 5th Circuit panel has held that a court -- not insurance companies -- will determine whether two insurance companies must pay defense costs for R. Allen Stanford and three other former Stanford Financial Group executives who face criminal charges and civil litigation. (Mon, 22 Mar 2010 07:01:57 GMT)
Hospital, insurance assistance in bill
Tucked into President Obama's health care bill are several 11th-hour changes that help major insurance companies and doctor-owned hospitals. Among the beneficiaries, according to lobbyists and congressional aides, are Kaiser Permanente, the giant California-based insurance company; Geisinger Health Plan based in Pennsylvania; and doctor-owned health facilities in about a dozen states, including ... (Mon, 22 Mar 2010 08:50:18 GMT)
Society Insurance Goes Live With ISI's WebWriter Inspection For Risk Control Operations
Toronto And Fond Du Lac, WI - (Marketwire) - Insurance Systems Inc. (ISI), a leading provider of web-based enterprise solutions for the property/casualty insurance industry, is pleased to announce Society Insurance (Society) has successfully implemented ISI's risk control software, WebWriter Inspection. (Mon, 22 Mar 2010 10:36:39 GMT)
HSBC, Baoviet introduce tourism insurance
The UK bank and Vietnam’s largest insurer come out with one more in a long list of insurance products, this one for inbound and outbound tourists (Mon, 22 Mar 2010 11:24:33 GMT)
Transcript of Obama's Remarks on the Passage of Health Insurance Reform
The following are remarks made by President Obama shortly before midnight Sunday after the House narrowly passed the Democrats' landmark health insurance reform bill. (Mon, 22 Mar 2010 11:48:47 GMT)
Tennessee Insurance Agent No Stranger to NCAA Tournament
As the NCAA men's basketball tournament tipped off, one could say that Cookeville, Tennessee insurance agent Gary Maxwell had the best seat in the house. No, he wasn't sitting courtside or in a ... (Mon, 22 Mar 2010 13:26:51 GMT)
Utah's health insurance coverage rate slips slightly
Utah health officials say more than 300,000 residents were without medical insurance last year. (Mon, 22 Mar 2010 13:54:51 GMT)
Utah's health insurance coverage rate slips
SALT LAKE CITY — Utah health officials say more than 300,000 residents were without medical insurance last year. That changed little from the year before — the uninsured rate climbed by only a tenth of a percentage point to 10.8 in 2009. Insurance coverage figures went opposite ways for adult and children. Health authorities say 10 percent more adults went without insurance last year. But the ... (Mon, 22 Mar 2010 14:05:50 GMT)
Former Citizens Property Insurance executive Terry Lisotta pleads guilty
East Baton Rouge Sheriff's OfficeTerry Lisotta Terry Lisotta, who once ran the Louisiana Citizens Property Insurance Corp., has pleaded guilty this morning to one count of theft by fraud. The plea was entered in a state court in East Baton... (Mon, 22 Mar 2010 14:32:14 GMT)
Former head of Citizen's insurance pleads guilty to one count
The former head of Louisiana's property insurer of last resort has plead guilty to a single count in his theft by fraud case. He will be sentenced to 30 months in jail. Terry Lisotta was accused of misusing about $30,000 from Louisiana Citizens Property Insurance Corp. and two related insurance organizations. In audits conducted in 2003 and 2006, the legislative auditor alleged that Lisotta ran ... (Mon, 22 Mar 2010 14:53:25 GMT)
Get more from your health insurance
When you get your insurance, you probably get a stack of papers about your plan's details, but going online can help you find benefits you may not even be aware of. (Mon, 22 Mar 2010 20:21:45 GMT)
Deal for veteran Treanor gives Texas Rangers insurance at catcher
Though the Rangers say Jarrod Saltalamacchia should be ready for opening day, the club acquired some insurance at catcher just in case. (Tue, 23 Mar 2010 04:32:50 GMT)
Early backing let drug, insurance industries help shape health reform
Washington -- When historians write the book on how President Barack Obama's health care overhaul became law, they'll need to leave space for some unlikely advocates: lobbyists for the drug, insurance and hospital industries. (Tue, 23 Mar 2010 05:11:32 GMT)
Most of underemployed get gov't insurance
WASHINGTON, March 23 (UPI) -- Of the underemployed who have insurance, 52 percent receive coverage through a government program, a U.S. survey indicates. (Tue, 23 Mar 2010 05:16:44 GMT)
National Patient Advocate Foundation Praises Historic Passage of Health Insurance Reform
NPAF Identified Pre-Existing Medical Conditions as a Significant Contributor to Individuals' Inability to Obtain Insurance and Has Worked To Eliminate Discrimination Since 2006 WASHINGTON, March 22 /PRNewswire-USNewswire/ -- The National Patient Advocate Foundation (NPAF) -- a national, non-profit organization dedicated to the mission of creating avenues of improved patient access to health care ... (Tue, 23 Mar 2010 08:29:31 GMT)
642,000 Alabamians without health insurance would be able to get coverage under massive health reform bill expected to ...
New law expected to be a boon especially for those who want insurance, but can't get it because of pre-existing health problems (Tue, 23 Mar 2010 10:32:47 GMT)
Lawley Insurance targets executives
Lawley Insurance's employee benefits division is starting a new “private client group” that will focus on providing products and services to meet the needs of business owners, executives and professionals. (Tue, 23 Mar 2010 11:14:48 GMT)
Know what's covered by homeowners and flood insurance
Q. What type of storm damage is covered by homeowners insurance and what is covered only by flood insurance? How much does a flood policy cost? -- Oliva A. Homeowners insurance policies typically cover damage that comes from the top... (Tue, 23 Mar 2010 12:13:08 GMT)
Eritrea : Nice Striving to Create Reliable Insurance
Asmara — The National Insurance Corporation of Eritrea (NICE) is working diligently by concluding accords with big insurance companies so as to insure natural and man-made accidents in the country, stated Mr. Zeru Woldemichael, general manager of the Corporation. (Tue, 23 Mar 2010 14:21:36 GMT)
Insurance co. expects cost increase
A local insurance provider says higher premiums are on the way due to the passage of health care. Story provided by Newschannel 15. (Tue, 23 Mar 2010 14:52:16 GMT)
Some may face penalty for shunning health insurance
The health care law signed Tuesday by President Obama is projected to extend insurance coverage to roughly 32 million additional Americans, but what happens to those who don't get themselves covered by health insurance? (Wed, 24 Mar 2010 05:56:36 GMT)
California panel wants say on health insurance rate hikes
Assembly committee passes a bill requiring companies to justify increases. The measure faces an uncertain future in the full Legislature amid an industry lobbying effort. California lawmakers who want to go further than the newly signed federal healthcare overhaul scored a victory Tuesday when a proposal to make insurance companies justify rate hikes sailed through the Assembly's Health Committee. (Wed, 24 Mar 2010 06:34:25 GMT)
Colo. Division of Insurance tackles mountain of work
Seven employees at the Colorado Division of Insurance are responsible for reviewing more than 14,000 filings a year from insurance carriers offering coverage on everything from health and life policies to property and casualty plans. (Wed, 24 Mar 2010 07:19:30 GMT)
CONSOLIDATION IN INSURANCE SECTOR WILL BE GOOD, SAYS ZETI
KUALA LUMPUR, March 24 (Bernama) â A consolidation in the insurance sector is very much encouraged as there are still a number of small and vulnerable firms in the sector, Bank Negara Malaysia Governor, Tan Sri Dr. (Wed, 24 Mar 2010 10:01:00 GMT)
Tanning Tax, Family Health Insurance to Take Effect This Year
March 24 (Bloomberg) -- Businesses will feel the effects of the health-care overhaul this year as a tax on indoor tanning salons goes into effect immediately and insurers by September must allow children younger than age 26 to stay on their parents’ insurance. (Wed, 24 Mar 2010 11:27:53 GMT)
Hermantown father, son accused of mishandling insurance clients' money
The Minnesota Department of Commerce announced Tuesday that it has charged a father-son insurance team in Hermantown with allegedly misappropriating, withholding or converting funds totaling more than $2.3 million while operating their business. (Wed, 24 Mar 2010 12:41:29 GMT)
Tanning Tax, Family Insurance to Take Effect in 2010 (Update1)
March 24 (Bloomberg) -- Businesses will feel the effects of the health-care overhaul this year as a tax on indoor tanning salons goes into effect in July and insurers by September must allow children younger than age 26 to stay on their parents’ insurance. (Wed, 24 Mar 2010 13:57:11 GMT)
Shad Plank: Gov. McDonnell to sign anti-health insurance bill today
Gov. Bob McDonnell will give Attorney General Ken Cuccinelli the status to sue the federal government this afternoon when he signs a bill stating the Virginians cannot be forced to purchase health insurance. (Wed, 24 Mar 2010 14:27:32 GMT)
ICO raps Zurich Insurance for data breach
Zurich Insurance has been found in breach of the Data Protection Act after losing an unencrypted backup tape containing personal financial data on 46,000 policy holders, and personal details on a further 1,800 third parties. (Wed, 24 Mar 2010 14:30:02 GMT)
Insurance Agents, Carriers Make Progress in Modifying Dodd Financial Bill
Insurance agents and carriers are reporting progress in their efforts to modify a proposed federal financial services regulation bill passed by the Senate Banking Committee, while risk managers ... (Wed, 24 Mar 2010 14:41:51 GMT)
Wednesday Midday Sector Leaders: Title Insurance, Commercial REIT Stocks
In midday trading Wednesday, Title Insurance shares were relative leaders, up on the day by about 5%. Leading the group were shares of the PMI Group (PMI), up about 18. (Wed, 24 Mar 2010 20:37:52 GMT)
School cafeteria workers fear they’ll lose health insurance
As Congress worked last weekend on a historic health insurance reform bill, school cafeteria employees in Duxbury worried that high health insurance prices will cost them their jobs. (Thu, 25 Mar 2010 03:33:13 GMT)
Calif. Insurance Firm To Cover Pot Businesses
A Sacramento, Calif.-area insurance company is expanding coverage for medical marijuana businesses to bring more security to the industry. Statewide Insurance Services says it's the first in the country to expand coverage nationwide. (Thu, 25 Mar 2010 09:34:17 GMT)
Wellness programs lower insurance premiums
Employees in wellness programs can score lower health insurance premiums and maybe a TV. (Thu, 25 Mar 2010 10:00:00 GMT)
Insurance rates to rise a bit in Ohio, Michigan
By LARRY P. VELLEQUETTE BLADE BUSINESS WRITER Insurance rates this year in Michigan and Ohio are expected to increase slightly but not enough to affect how the two rate among other states, regulators and those in the industry say. In Ohio, auto-insurance premiums are expected to stay flat or increase slightly this year, while homeowner premiums should be flat or go up only slightly. In Michigan ... (Thu, 25 Mar 2010 10:38:01 GMT)
Wellness programs lower insurance premiums
Losing weight or quitting smoking can save you big bucks on health insurance premiums and even land you a flat-panel TV. (Thu, 25 Mar 2010 11:42:24 GMT)
Insurance industry regulators shouldn't overly rely on rating agencies: MAS
SINGAPORE: Regulators of the insurance industry should not overly rely on ratings agencies. Instead, they should engage in more dialogues with other regulators and also with insurance companies. (Thu, 25 Mar 2010 13:10:55 GMT)
Revved up on insurance
KMART is poised to enter the $24 billion personal insurance market, launching a new product range to customers. (Thu, 25 Mar 2010 13:26:02 GMT)
Natomas Residents Get Huge Flood Insurance Bills
Rising flood insurance rates have some local homeowners up in arms, and some of these residences saw their bills climb by almost a $1000. (Thu, 25 Mar 2010 13:50:30 GMT)
Haryana implements crop insurance for wheat
Chandigarh, Mar 25 (PTI) The Haryana Government has implemented weather based crop insurance scheme (WBCIS) for wheat crop in three blocks of the state, including Ambala, Babain in Kurukshetra district and Tohana in Fatehabad. (Thu, 25 Mar 2010 14:53:10 GMT)
Thursday Midday Sector Laggards: Title Insurance, Home Health Care Stocks
In midday trading Thursday, Title Insurance shares were relative laggards, down on the day by about 1. 5%. (Thu, 25 Mar 2010 21:13:34 GMT)
Australia ACCC To Deny Co-Insurance Pact Between NSW State Power Owners
Australia ACCC To Deny Co-Insurance Pact Between NSW State Power Owners (Fri, 26 Mar 2010 05:51:35 GMT)
How to save on new car insurance
When picking out a car, find out if the insurance cost carries its own sticker shock. (Fri, 26 Mar 2010 10:00:00 GMT)
Hail forces IAG insurance cuts
IAG has cut its 2010 insurance margin for the second time this month as claims mount from Perth's hailstorm. (Fri, 26 Mar 2010 10:40:04 GMT)
Dubai debt insurance costs rise
Dubai debt insurance costs rose on Friday as doubts surfaced about the emirate's ability to fund its share of a $9.5 billion (6.4 billion pounds) plan to repay creditors of its struggling Dubai World conglomerate. (Fri, 26 Mar 2010 13:08:00 GMT)
Jo Bonner backs suit to block health insurance mandate
The insurance mandate, contained in the new health care law signed Tuesday by President Barack Obama, would require most people to have coverage starting in 2014. Supporters say the requirement is needed to keep people who otherwise lack insurance from buying a policy only when they get sick. As a tradeoff, insurance companies will no longer be able to deny coverage because of a pre-existing ... (Fri, 26 Mar 2010 13:38:00 GMT)
South Dakota governor vetoes insurance measure
Gov. Mike Rounds vetoed a bill Thursday that sought to change South Dakota insurance law to help give injured people a better chance of receiving compensation for their losses. (Fri, 26 Mar 2010 13:43:14 GMT)
States Challenge Health Insurance Coverage Mandate As Leaders Decide On Participation
Attorneys general in 14 states have filed lawsuits challenging the constitutionality of a health insurance coverage mandate in the new federal health law, and more may follow.The Boston Globe: "A flood of lawsuits from states seeking to block the health care law President Obama signed this week raises sharp questions about the power of the federal government to impose mandates on its citizens ... (Fri, 26 Mar 2010 14:07:15 GMT)
Ex-Insurance Exec Sentenced for Kickbacks
A judge has sentenced a former insurance executive to prison time for bilking his company out of more than $1 million in phony claims. (Fri, 26 Mar 2010 14:37:53 GMT)
Ex-insurance exec sentenced for kickback scheme
Associated Press - March 26, 2010 10:35 AM ET MADISON, Wis. (AP) - A judge has sentenced a former insurance executive to prison time for bilking his company out of more than $1 million in phony... (Fri, 26 Mar 2010 14:43:25 GMT)
Friday Midday Sector Leaders: Title Insurance, Residential Construction Stocks
In midday trading Friday, Title Insurance shares were relative leaders, up on the day by about 2. 2%. (Fri, 26 Mar 2010 20:58:24 GMT)
Video: Reform and the Insurance Industry
The insurance industry that was demonized in the health care debate faces a flood of new customers and tight new regulations. But when it comes to their bottom lines, it appears, little will change. Armen Keteyian reports. (Sat, 27 Mar 2010 01:50:14 GMT)
New Health Insurance Requirement ... Was GOP Idea
Obama's new requirement that Americans get health insurance _ it was GOP idea around for years Republican Party - Insurance - United States - Barack Obama - Financial Services (Sat, 27 Mar 2010 07:29:03 GMT)
New health insurance requirement ... was GOP idea
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. The obligation in the new health care law is a Republican idea that's been around at least two decades. It was once trumpeted as an... Barack Obama - Health care - Republicans - United States - Health insurance (Sat, 27 Mar 2010 07:30:30 GMT)
Flood-insurance program renewed
Nikki Buskey Staff Writer HOUMA — The federal program that locals rely on for flood insurance was temporarily renewed again this week. (Sat, 27 Mar 2010 11:03:52 GMT)
Obama's health insurance rule — it was a GOP idea
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. The obligation in the new health care law is a Republican idea that's been around at least two decades. It was once trumpeted as an alternative to Bill and Hillary Clinton's failed health care overhaul in the 1990s. These days, Republicans call it government overreach. (Sat, 27 Mar 2010 11:07:35 GMT)
Obama's health insurance rule -- it was a GOP idea
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. The obligation in the new health care law is a Republican idea that's been around at least two decades. (Sat, 27 Mar 2010 11:07:35 GMT)
SBI General Insurance starts operations in Mumbai
Mumbai, Mar 27 (PTI) SBI General Insurance, the non-life subsidiary of public sector lender State Bank of India, on Saturday formally announced the launch of its operations beginning with Mumbai. (Sat, 27 Mar 2010 12:50:01 GMT)
New health insurance requirement ... was GOP idea
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. (Sat, 27 Mar 2010 14:14:43 GMT)
Obama's health insurance rule: it was a GOP idea
WASHINGTON — Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. The obligation in the new health care law is a Republican ... (Sat, 27 Mar 2010 14:51:47 GMT)
National Insurance of Uganda Climbs 33% on Stock Market Debut
March 25 (Bloomberg) -- National Insurance Corp. shares traded 33 percent above their issue price when they debuted on the Uganda Securities Exchange today. (Sun, 28 Mar 2010 02:42:48 GMT)
Brit Insurance Expects $71 Million in Chile Earthquake Claims
March 26 (Bloomberg) -- Brit Insurance Holdings NV , the Lloyd’s of London insurer that sponsors the England cricket team, said it expects claims of about $71 million from last month’s Chilean earthquake. (Sun, 28 Mar 2010 06:11:37 GMT)
Gail Kerr: TN took its sweet time seizing insurance firm
It took 16 months for state officials to shut down an unlicensed Robertson County health insurance company that investigators believe bilked $14 million from 12,400 unsuspecting people all over the country. (Sun, 28 Mar 2010 07:18:18 GMT)
Trader files complaint against insurance firm
A businessman in Manila has filed a complaint against an insurance firm before the Insurance Commission for allegedly failing to pay his claim worth P15 million when a fire razed his business establishment in Cainta, Rizal, more than a year ago. Trader Rodrigo De la Cruz asked the commission to revoke the license of Malayan Insurance Company, Inc. (Malayan) for its alleged unfair non-settlement ... (Sun, 28 Mar 2010 08:03:17 GMT)
Obamas health insurance rule a Republican idea
WASHINGTON (AP) Republicans were for President Barack Obamas requirement that Americans get health insurance before they were against it. (Sun, 28 Mar 2010 09:27:37 GMT)
Obama health insurance requirement taken from GOP
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. (Sun, 28 Mar 2010 14:10:40 GMT)
In Telluride, a struggle between providers and insurance companies
As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies. (Sun, 28 Mar 2010 14:31:46 GMT)
Suspect charged with insurance scam
An Albertville woman has been charged after she allegedly tried to pull off an insurance scam targeting residents in south DeKalb County. (Sun, 28 Mar 2010 14:52:13 GMT)
Required insurance? Um, yeah, that was your idea first, Republicans
Just a reminder for you Republicans who are so indignant about being required to buy insurance -- it's a Republican idea, as this Mlive piece points out. (Sun, 28 Mar 2010 14:53:44 GMT)
Tories make Nat Insurance pledge
The Tories plan changes to next year's National Insurance rise which they say will benefit anyone earning up to £45,400. (Mon, 29 Mar 2010 00:38:28 GMT)
Post-COBRA health insurance options
Unemployed workers have several options when their COBRA health insurance coverage runs out. (Mon, 29 Mar 2010 10:00:00 GMT)
National Insurance explained
National Insurance Contributions pay for the welfare state - but who pays? (Mon, 29 Mar 2010 10:36:34 GMT)
5 ways to cut motorcycle insurance costs
The price of everything seems to be going up, but the good news is that you can probably lower the cost of your motorcycle insurance. As with any insurance , the cost of motorcycle insurance is a function of risk and levels of protection. (Mon, 29 Mar 2010 11:42:42 GMT)
Post-COBRA health insurance options
Unemployed workers across America temporarily retain health insurance coverage from their former employer through COBRA, the landmark health care legislation passed by Congress in 1986. (Mon, 29 Mar 2010 11:42:43 GMT)
LeapFrog to invest $30mln in Indian insurance firms
MUMBAI, March 29 (Reuters) - Microinsurance fund LeapFrog Investments on Monday said it planned to invest up to $30 million in Indian insurance and financial services companies to boost growth in the microinsurance sector. (Mon, 29 Mar 2010 12:23:58 GMT)
Republicans Once Backed Health Insurance Mandate They Now Oppose
Republicans were for President Barack Obama's requirement that Americans get health insurance before they were against it. The obligation in the new health care law is a Republican idea that's ... (Mon, 29 Mar 2010 12:56:51 GMT)
WATCH: Insurance Policy
Why reading the fine print can get you the most from your insurance policy. Insurance - Fine print - Financial services - Business - Agents and Marketers (Mon, 29 Mar 2010 13:55:35 GMT)
Ex-Insurance Executive Sentenced in Wisconsin for Kickback Scheme
A judge in Wisconsin has sentenced a former insurance executive to prison time for bilking his company out of more than $1 million in phony claims. U.S. District Judge Barbara Crabb told Douglas ... (Mon, 29 Mar 2010 14:57:03 GMT)
Heffernan Insurance Brokers Adds Benefits Specialist in Missouri Office
Heffernan Insurance Brokers announced that Simonne de Villiers has joined the firm's Chesterfield, Mo., office as a benefits specialist. Heffernan is a full-service insurance brokerage in the St. ... (Mon, 29 Mar 2010 14:57:22 GMT)
Health premiums may rise 17% for young adults buying own insurance
Under the health care overhaul, young adults who buy their own insurance will carry a heavier burden of the medical costs of older Americans a shift expected to raise insurance premiums for young people when the plan takes full effect. (Mon, 29 Mar 2010 23:49:41 GMT)
Insurance industry agrees to fix kids coverage gap
After battling President Barack Obama's health care overhaul the better part of a year, the insurance industry said Monday it won't try to block his efforts to fix a potentially embarrassing glitch in the new law. (Tue, 30 Mar 2010 01:35:57 GMT)
How to Enroll 30 Million in Health Insurance
How do you get 30 million Americans to sign up for health insurance? With great difficulty. (Tue, 30 Mar 2010 06:20:17 GMT)
Deutsche Bank to Discuss Expanding Insurance Services, FTD Says
March 30 (Bloomberg) -- Deutsche Bank AG has asked Allianz SE and Talanx AG to discuss a possible increase in its insurance offerings, Financial Times Deutschland reported, citing unidentified people in the banking and insurance industries. (Tue, 30 Mar 2010 06:55:06 GMT)
Insurance industry agrees to fix kids coverage gap
If you can't beat them, join them. After nearly a year battling President Barack Obama and congressional Democrats over the health care overhaul, the insurance industry says it won't block the administration's efforts to fix a potentially embarrassing glitch in the new law. (Tue, 30 Mar 2010 09:53:10 GMT)
Insurance Industry Agrees to Fix Kids Coverage Gap
Obama administration wins industry support to fix kids coverage gap in new health care law Insurance - Health care - United States - Politics - Financial Services (Tue, 30 Mar 2010 10:16:30 GMT)
Max India allots stake in insurance arm to Axis Bank
MUMBAI, March 30 (Reuters) - Max India Ltd said on Tuesday its board has approved allotting about 4 percent stake of Max New York Life Insurance Co Ltd to Axis Bank . (Tue, 30 Mar 2010 11:54:22 GMT)
Deutsche Bank seeks new insurance partners-sources
Deutsche Bank is on the lookout for new insurance partners before an exclusive distribution deal with Zurich Financial Services expires by 2012, sources familiar with the matter said. (Tue, 30 Mar 2010 12:14:00 GMT)
Sudden Revolt by Insurance Regulators Scales Back Climate Rule on Industry
A surprise rebellion by a majority of insurance regulators Sunday reversed key elements of a landmark regulation requiring th... (Tue, 30 Mar 2010 12:37:45 GMT)
Ireland's Quinn Insurance in administration
Irish regulators on Tuesday won a court order to place Quinn Insurance Ltd. under administration, a form of bankruptcy protection. (Tue, 30 Mar 2010 12:40:35 GMT)
Perth Storm Claims Total A$650 Million, Insurance Council Says
March 31 (Bloomberg) -- Claims totalling A$650 million have been lodged after storms hit the Western Australian state capital of Perth on March 22, the Insurance Council of Australia said. (Wed, 31 Mar 2010 03:58:50 GMT)
UPDATE: QBE Insurance On Track For 2010, Pursuing Acquisitions
UPDATE: QBE Insurance On Track For 2010, Pursuing Acquisitions (Wed, 31 Mar 2010 06:21:42 GMT)
Previous 1 2 3 Next
|
