Insurance News Jun 2010
Mandatory auto insurance begins today
MADISON All Wisconsin drivers must carry auto liability insurance starting Tuesday, but its unclear how many will follow the law. Only about 15 percent of the states drivers are currently uninsured, which is roughly the same percentage as the national average. Every state except New Hampshire requires liability coverage. The fanfare surrounding around June 1 is a false promise to the drivers of ... (Tue, 01 Jun 2010 05:37:00 -0700)
Health Insurance Tax Credit Falls Short For Many Small Businesses
Small businesses in pricey metro areas may have trouble qualifying for an insurance tax credit because their workers' pay is often more than $25,000 a year. (Tue, 01 Jun 2010 06:07:09 -0700)
CNinsure Announces the Establishment of Its Insurance Brokerage Business Unit
CNinsure Inc. (Nasdaq: CISG), a leading independent insurance intermediary company operating in China, today announced the establishment of an insurance brokerage business unit, in an effort to expand its product offerings from retail to commercial lines. The insurance brokerage team will focus on providing property and casualty, liability, credit and guarantee, cargo, employee benefits and ... (Tue, 01 Jun 2010 07:20:24 -0700)
Car Insurance Mandate Begins in Wisconsin
All Wisconsin drivers must carry auto liability insurance starting June 1, but it's unclear how many will follow the law. Only about 15 percent of the state's drivers are currently uninsured, ... (Tue, 01 Jun 2010 07:45:05 -0700)
Nationwide Insurance Foundation Donates $1.54 Million to American Red Cross for Disaster Preparedness and Response and ...
read more (Tue, 01 Jun 2010 11:51:21 -0700)
Insurance Australia Cuts Margin Outlook on U.K. Unit
June 2 (Bloomberg) -- Insurance Australia Group Ltd. said full-year profit margins will be lower than expected after the company set aside funds to cover a surge in U.K. claims. (Tue, 01 Jun 2010 16:33:01 -0700)
Insurance agent trying to ensure a role for mentors
As John Johnson tried to climb his way up the ladder in Denver's insurance industry, he missed having other African-Americans who could serve as role models. (Wed, 02 Jun 2010 00:33:05 -0700)
Insurance Australia Shares Slump After Cut to Margin Outlook
June 2 (Bloomberg) -- Insurance Australia Group Ltd. , the Sydney-based insurer formed in 1925, slumped the most in 16 months on the local stock exchange after saying full-year profit margins will be lower than expected. (Wed, 02 Jun 2010 02:36:11 -0700)
Insurance Australia Group Strengthens UK Claim Reserves
Insurance Australia Group (IAG) has announced that "due to a significant deterioration in UK claim experience, in particular bodily injury claims, it had conducted a further independent actuarial ... (Wed, 02 Jun 2010 04:30:14 -0700)
Legal insurance: will Britain buy it?
In Germany there's a thriving market in selling legal insurance policies, but Britons have yet to see the benefits Can insurers really bridge the justice gap? There's nothing new about the idea of the insurance industry making up for ground lost by a shrivelling legal aid scheme, by selling cheap and effective legal insurance policies to those of us who may be able afford them. The idea was ... (Wed, 02 Jun 2010 07:01:10 -0700)
Insurance a risky enterprise
Investing in insurance is not for the faint-hearted. (Wed, 02 Jun 2010 07:25:52 -0700)
Insurance, Credit Cards Lead Recovery in Direct Marketing Mail Volume, Reports Mintel Comperemedia
read more (Wed, 02 Jun 2010 07:49:55 -0700)
Florida gov vetoes property insurance reform bill
Florida's governor vetoed a property insurance reform bill Tuesday. Gov. Charlie Crist said in a memo that he was concerned the legislation would make it easier for insurers to increase residential premiums in Florida. (Wed, 02 Jun 2010 07:56:50 -0700)
Faith-Based Insurance: Christian Health Care Sharing
Faith-Based Insurance: Christian Health-Sharing Plans (Wed, 02 Jun 2010 15:25:00 -0700)
Insurance firms say state treating them unfairly
Insurance companies have been unfairly tarred in the ongoing health cost debate, a trade association leader said yesterday, urging the Legislature to enact broader reform amid election-year politics. (Wed, 02 Jun 2010 21:16:38 -0700)
Charlie Crist's veto ensures we'll face insurance woes
Charlie Crist vetoed a bill that would have required strip-mall insurance companies to have enough money to pay claims. Charlie Crist has put the finishing touches on his four-year campaign to destroy the property-insurance market in Florida. (Thu, 03 Jun 2010 03:22:50 -0700)
Insurance Journal Searches for Top 100 Agencies
Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies ... (Thu, 03 Jun 2010 08:45:26 -0700)
Help With Health Insurance Costs Runs Out As Congress Considers Extension
The proposal to extend COBRA subsidies to those laid off through the end of the year is languishing in Congress. So the unemployed may soon pay more to remain on COBRA, look for insurance on the individual market, go on Medicaid or lose coverage altogether. And that could further tax a health system already struggling to keep up with the number of uninsured. (Thu, 03 Jun 2010 14:50:09 -0700)
Beware credit card insurance
Personal finance blogger Chaya Cooperberg just learned shes been paying premiums for the past 10 years (Thu, 03 Jun 2010 15:29:34 -0700)
New auto insurance law drives insurers, motorists to confusion
Insurance agents were swamped with callers and visitors this week as scores of customers tried to comply with the state's new mandate for auto liability insurance. (Thu, 03 Jun 2010 21:07:29 -0700)
New auto insurance law drives motorists to confusion
Insurance agents were swamped with callers and visitors this week as scores of customers tried to comply with the state's new mandate for auto liability insurance. (Thu, 03 Jun 2010 23:37:09 -0700)
Pet insurance arrives in Malaysia
Pet insurance may have arrived in Malaysia but the response has been lukewarm to say the least. (Fri, 04 Jun 2010 02:13:04 -0700)
UPDATE: Maryland insurance agents indicted in alleged scam targeting Perth Amboy
PERTH AMBOY Three Maryland insurance brokers and their two companies were indicted Thursday on charges that they bilked Perth Amboy out of more than $200,000 in connection with a medically-based fitness and wellness program for city employees that never existed. (Fri, 04 Jun 2010 04:29:54 -0700)
North Insurance Industry Urges IASB to Reconsider Single Accounting Model for Life and Non-Life Insurance Contracts
read more (Fri, 04 Jun 2010 05:05:11 -0700)
Moody's: Offshore drilling insurance rates to jump
Insurance premiums for offshore drilling operations are expected to jump significantly in the wake of the Gulf oil spill disaster, Moody's Investors Service said. (Fri, 04 Jun 2010 10:54:38 -0700)
Insurance Industry Must Address Key Questions in Advance of Oil Making Landfall in Gulf Coast States
read more (Fri, 04 Jun 2010 14:32:38 -0700)
Parents 'breaking insurance laws'
Millions of parents are said to be breaking the law in order to save money on car insurance for their children. (Fri, 04 Jun 2010 16:08:04 -0700)
Insurance underpins economic rise of rural India
It would be sad for farmer S. Debarasu if Big Rose, his prized milking cow, was hit by a car or crushed in a cyclone. But thanks ... (Fri, 04 Jun 2010 18:05:41 -0700)
Juicing Your Life Insurance
This year's hottest life-insurance product is well-suited to an era of sudden "flash crashes": It appeals to those eager to capture stock-market gains while avoiding undue risk. But does it promise too much? (Fri, 04 Jun 2010 18:28:56 -0700)
Insurance scheme ridiculed as junk
AN OVERHAUL of the home warranty insurance scheme has been rushed through and the building industry will be crippled if it is not ready by July 1, the opposition says. (Sat, 05 Jun 2010 07:17:44 -0700)
Insurance Relief for Early Retirees
Early retirement, a dream of many, can turn into a nightmare for those unable to secure health insurance. Now, two new federal programs may provide some relief. (Sat, 05 Jun 2010 18:32:00 -0700)
Insurance agency pulls Maywood's coverage
With no permanent city manager and a historically troubled police department, the city is too high-risk, insurer says. The department is being investigated in two officer-involved shootings this year. Citing the city's failure to hire a new city manager as well as recent officer-involved shootings, Maywood's insurance agency has terminated coverage because it views the municipality as too high a ... (Sat, 05 Jun 2010 18:50:56 -0700)
Insurance, security in place as 2010 World Cup kicks off
JOHANNESBURGOrganizers are prepared with plenty of insurance and tight security to counter the risks of holding the 2010 FIFA World Cup, the first time the event is being held in South Africa. (Sun, 06 Jun 2010 04:12:06 -0700)
RACQ Insurance out of the red
RACQ Insurance is back in the black after lifting premiums and avoiding 2008's torrid wild weather and financial tsunami. (Sun, 06 Jun 2010 06:25:59 -0700)
More questions than answers for insurance advisers
The Government's overview of Australia's tax system has failed to suggest action on the life/risk needs of consumers. (Sun, 06 Jun 2010 15:03:03 -0700)
Fleet Insurance Broker Joins Forces With Driver Safety Organisation
Flint Insurance, a leading UK fleet insurance specialist has teamed up with Drive Alive, an Occupational Road Risk Organisation. The decision to work together after noticing a gap in the market for risk assessments which they hope will help to improve motor fleet insurance services whilst making the roads safer. read more (Sun, 06 Jun 2010 22:17:00 -0700)
Motorists need proof of insurance violators could have car impounded
Motorists who are caught driving without mandatory insurance coverage risk having their vehicles impounded. (Mon, 07 Jun 2010 04:34:32 -0700)
Access Insurance Wins IASA 2010 Technology Innovation Award
The Atlanta-based P&C insurer received the award for its Instant Access application, which executes all business rules and processes needed to provide a quote, and bind and issue a policy. Honorable mention was given for projects by Great American Insurance and West Bend Mutual. (Mon, 07 Jun 2010 05:24:01 -0700)
Coastal insurance forum set Tuesday in Baldwin County: Experts, legislators will discuss strategies to address ...
DAPHNE, Ala. -- A roundtable discussion on what many have called a growing wind insurance "crisis" on the Gulf Coast will be held Tuesday at the Daphne Civic Center. (Mon, 07 Jun 2010 06:20:01 -0700)
Schafnitz Purchases Brakee-Schafnitz; Signature Insurance Group Formed
Matthew F. Schafnitz co-founder and CEO of Brakke-Schafnitz Insurance Brokers Inc. in Laguna Niguel, Calif., announced the completed purchase of Brakke-Schafnitz Insurance Brokers Inc. and the ... (Mon, 07 Jun 2010 07:45:05 -0700)
Health Insurance Scams: How to Protect Yourself
Con artists are tricking you out of your hard-earned money, with a crop of fake health insurance plans. Here's how to protect yourself. (Mon, 07 Jun 2010 14:52:30 -0700)
Health insurance options for unemployed beyond COBRA
The easiest way to get health insurance is to find a job with group coverage, but in this economy, that's a tall order. How to stay covered: (Mon, 07 Jun 2010 20:03:47 -0700)
Prop. 17: Auto insurance measure appears to fail
UPDATE 6:54 a.m. Proposition 17, auto insurance measure, appeared to be headed for defeat. With 99. 1 percent of the precincts reporting, it was losing by 158,000 votes, or 52-48 percent. ***California voters were divided closely on a measure Tuesday that... Insurance - Vehicle insurance - Business - California - Financial Services (Wed, 09 Jun 2010 00:37:14 -0700)
Insurance Brokers Navigating Difficult Markets
Insurance broker valuations look attractive amid persistent market headwinds. (Wed, 09 Jun 2010 04:00:00 -0700)
Insurance won't cover yard cleanup
Did Sundays tornado topple trees and make a major mess of your yard, but your home is OK? Your insurance company probably wont cover the cleanup. (Wed, 09 Jun 2010 04:37:18 -0700)
CFC Insurance of Kenya Plans Stock-Exchange Listing
June 9 (Bloomberg) -- CFC Insurance Holdings Ltd., a unit of CFC Stanbic Holdings Ltd. , plans to begin trading its shares on the Kenyan stock exchange by October, Managing Director Mike du Toit said. (Wed, 09 Jun 2010 05:08:39 -0700)
Insurance to Just Say No To
Financial Adviser Ray Martin Gives Advice on How to Avoid Spending Too Much $$ on Coverage (Wed, 09 Jun 2010 05:30:06 -0700)
Oilfield Insurance Costs to Rise After BP, ONGC Says
June 9 (Bloomberg) -- Insurance costs for oil companies are set to rise exponentially after the BP Plc spill, the worst oil leak in U.S. history, the chairman of Indias biggest energy explorer said. (Wed, 09 Jun 2010 05:43:10 -0700)
Law Limits Rise in Health Insurance Rates
Gov. David A. Paterson has signed legislation that gives the state the power to block what it deems unreasonably high health insurance premium increases for millions of New Yorkers. (Wed, 09 Jun 2010 06:40:41 -0700)
XL Insurance Helps Facilitate Early Transfer at Riverbank Army Ammunition Plant Using Environmental Insurance
read more (Wed, 09 Jun 2010 07:43:21 -0700)
Auto insurance measure backed by Mercury defeated
California voters defeated a measure Tuesday that would have changed state law to allow insurance companies to raise rates on drivers who let their coverage lapse while allowing insurers to award discounts to those who maintain continuous coverage. Supporters... Insurance - Vehicle insurance - Business - California - Financial Services (Wed, 09 Jun 2010 07:52:13 -0700)
Health insurance, check. But what about dental?
An estimated 45 million Americans do not have dental insurance, according to a government report released on Wednesday, and recently passed healthcare reform offers little direct help. (Wed, 09 Jun 2010 10:08:40 -0700)
Insurance to Just Say No To
Financial Adviser Ray Martin Gives Advice on How to Avoid Spending Too Much $$ on Coverage (Wed, 09 Jun 2010 10:30:08 -0700)
Insurance Regulatory Authority cancels license of 4261 agents
The Insurance Regulatory Development Authority of India (IRDA) has cancelled the licences of 4,260 corporate agents of various insurance companies as they did not seek renewal of licence after March 31 this year. (Thu, 10 Jun 2010 01:55:50 -0700)
Registration of Phyhealth's 'Physhield Insurance Exchange' Approved by the State of Maryland
Physicians Empowered to Stabilize Costs and Realize Tax Savings for Malpractice Insurance read more (Thu, 10 Jun 2010 06:14:16 -0700)
How to Choose Life Insurance
They sell insurance to protect your building or inventory in case of a fire. They sell insurance to protect your business in case someone gets hurt on your premises or using one of your products. But what can protect a small business, its partners, their families, employees, and customers in the event that the owner -- or even a key employee -- suddenly dies? For that, they sell a special kind ... (Thu, 10 Jun 2010 07:06:02 -0700)
Insurance Providers Testing the Waters in Pool of Social Media, Reports Mintel Comperemedia
read more (Thu, 10 Jun 2010 07:52:32 -0700)
Insurance Combo: Old Republic Gets With PMA Capital
Insurance holding companies Old Republic International and PMA Capital agree to merge. (Thu, 10 Jun 2010 10:42:29 -0700)
IFA Insurance Company Launches New and Improved Auto Insurance Web Site
IFA Insurance Company has launched a new version of their award winning Auto Insurance Web site. The full-service Car Insurance web site offers consumers new and improved methods to research, purchase, and manage their Auto Insurance policy directly from the web. (Fri, 11 Jun 2010 00:01:00 -0700)
IFA Insurance Company Launches New and Improved Auto Insurance Web Site
IFA Insurance Company has launched a new version of their award winning Auto Insurance Web site. The full-service Car Insurance web site offers consumers new and improved methods to research, purchase, and manage their Auto Insurance policy directly from the web. (PRWeb Jun 11, 2010) Read the full story at http://www.prweb.com/releases/20 (Fri, 11 Jun 2010 00:36:54 -0700)
Insurance option might not be so super
Conventional wisdom says having life insurance through your super fund is a good thing. It's cheaper and more tax-effective than buying it yourself. (Fri, 11 Jun 2010 15:25:15 -0700)
Insurance scam bilks hundreds in state
Some 225 New Hampshire residents are out an estimated $500,000 to $750,000 in a health insurance scam that has drawn regulatory action in at least 17 states, officials said. (Fri, 11 Jun 2010 21:16:17 -0700)
Insurance premium hikes hit small business hard
California small-business owners expected to be early beneficiaries of health care reform, with billions of dollars in federal tax relief becoming available this month to help them purchase medical coverage for their employees. But many said the tax credits... Small business - Insurance - Health care - Tax credit - California (Fri, 11 Jun 2010 21:20:47 -0700)
Big insurance changes in store for Californians with pre-existing conditions
Under the terms of the federal health insurance reform, Californians who have been denied health insurance because of pre-existing conditions will soon find an array of options. As of Sept. 23, insurance companies will be prohibited from denying coverage to children with such conditions. (Fri, 11 Jun 2010 22:42:16 -0700)
Strong Insurance recognized
Strong Insurance Agency of Logan recently received an Award of Excellence from Grinnell Mutual Reinsurance Company of Grinnell. This award recognizes 10 years of outstanding achievement in the insurance profession and superior performance for Grinnell Mutual. (Fri, 11 Jun 2010 23:17:23 -0700)
Elmo Insurance wins the Insurance Football League
Elmo Insurance football team are this years winners of the annual 5-a-side league for Malta-based insurance companies. This years competition was played over one round at the St Martins College grounds and was contested by 8 teams. (Sat, 12 Jun 2010 03:03:59 -0700)
Insurance premium hikes hit small business hard
California small-business owners expected to be early beneficiaries of health care reform, with billions of dollars in federal tax relief becoming available this month to help them purchase medical coverage for their employees. But many said the tax credits... Small business - Insurance - Health care - Tax credit - Business (Sat, 12 Jun 2010 05:35:47 -0700)
Life insurance gets more critical when children come along
Life insurance to secure your dependants' future need not cost a fortune, but policy types and costs vary greatly Today's women are taking on more responsibility for the household finances than ever before, yet more than six in 10 have no life insurance in place to protect the financial security of their dependants. But the survey, by insurer Axa, found that 37% of women believe they simply "don ... (Sun, 13 Jun 2010 18:47:11 -0700)
Insurance giant Zurich set to bring Irish workforce over 1,000 mark
INSURANCE giant Zurich is set to boost its Irish workforce to over 1,000 by the end of this year. (Sun, 13 Jun 2010 19:42:24 -0700)
Insurance policy application was denied what now?
Home > Topics > Insurance Policy Application Was Denied What Now? Insurance policy application was denied what now? (Sun, 13 Jun 2010 20:02:46 -0700)
Insurance firm to create 85 jobs
Around 85 new jobs are to be created by the Zurich insurance group, Enterprise Minister Batt O'Keeffe has announced. Related Stories Small firms 'pessimistic on trade' Jubilant Jones wins musical Tony Bruton ponders Fine Gael leadership Gazza in hospital after car crash Bid to evict Parliament protesters (Mon, 14 Jun 2010 04:38:43 -0700)
My Insurance Expert to Now Offer Medicare Supplement Insurance
TROY, Mich.----My Insurance Expert, one of the nations leading online insurance service providers, proudly announces that it has partnered with Mutual of Omaha to offer Medicare Supplement Insurance plans. (Mon, 14 Jun 2010 06:19:00 -0700)
My Insurance Expert Announces Partnership with ING Life Insurance
TROY, Mich.----My Insurance Expert, one of the countrys leading online services for the comparison and purchase of affordable health insurance plans, is pleased to announce that it has been appointed to sell and distribute ING Term Life Insurance policies. (Mon, 14 Jun 2010 06:23:00 -0700)
Strong Insurance recognized
Strong Insurance Agency of Logan recently received an Award of Excellence from Grinnell Mutual Reinsurance Company of Grinnell. This award recognizes 10 years of outstanding achievement in the insurance profession and superior performance for Grinnell Mutual. (Mon, 14 Jun 2010 07:02:23 -0700)
Insurance Companies Manage Employee Compensation to Minimize Staffing Reductions
Ward Group, a consulting firm specializing in the insurance industry and the leading provider of benchmarking practices, in partnership with the Property Casualty Insurers Association of America (PCI) recently published its findings from an in-depth study of Human Resources Practices and Employee Benefits for property-casualty insurance companies. The study focused on compensation, health ... (Mon, 14 Jun 2010 07:33:26 -0700)
Insurance Companies Manage Employee Compensation to Minimize Staffing Reductions
CINCINNATI, OH--(Marketwire - June 14, 2010) - Ward Group, a consulting firm specializing in the insurance industry and the leading provider of benchmarking practices, in partnership with the Property Casualty Insurers Association of America (PCI) recently published its findings from an in-depth study of Human Resources Practices and Employee Benefits for property-casualty insurance companies ... (Mon, 14 Jun 2010 07:35:50 -0700)
Health insurance costs to employers expected to jump in 2011, report says
Companies that offer employee health insurance expect another steep jump in medical costs next year, and more will ask workers to share a bigger chunk of the expense, according to a new PricewaterhouseCoopers report. AP Photo / Charles DharapakPresident Barack... (Mon, 14 Jun 2010 07:39:13 -0700)
Insurance policies how to stop strangers collecting from your death?
Home > Topics > Insurance Policies How To Stop Strangers Collecting From Your Death? Insurance policies how to stop strangers collecting from your death? (Thu, 17 Jun 2010 08:02:08 -0700)
Insurance claims from Orchard Road flood estimated to be at least S$6m
SINGAPORE: The insurance claims from Wednesday's Orchard Road flood is estimated to amount to at least S$6 million for now and will likely increase when more cases are filed. (Thu, 17 Jun 2010 08:16:42 -0700)
HCC Insurance Appoints Morley as Head of Professional Liability Unit
HCC Insurance Holdings Inc., headquartered in Houston appointed Pauline R. Morley as senior vice president of Professional Liability at its Professional Indemnity Agency (PIA) subsidiary. As ... (Thu, 17 Jun 2010 08:35:12 -0700)
Business Insurance White Papers
Business Insurance White Papers present the latest information on topics of critical interest to risk managers, benefit managers and commercial insurance executives, helping them to better understand business challenges, risks and opportunities. (Thu, 17 Jun 2010 15:28:52 -0700)
NAS Insurance Lowers Rates and Minimum Premiums for Insurance Agents E&O
NAS Insurance Services, Inc. has released new rates for insurance agents and brokers E&O. Agents managing 100% personal lines have new reduced rates and a new minimum premium starting at ... (Thu, 17 Jun 2010 22:05:02 -0700)
Avoca Insurance Forms Manchester Specialty Programs
Avoca Insurance Holdings has established Manchester Specialty Programs Inc. (MSP) as a national programs platform. William D. Thompson, CIC has been named President and CEO of the organization. ... (Thu, 17 Jun 2010 22:05:22 -0700)
BIDV Insurance Plans IPO In Third Quarter - Report
BIDV Insurance Plans IPO In Third Quarter - Report (Thu, 17 Jun 2010 23:00:31 -0700)
Insurance co can reject claim if info provide is false
New Delhi, Jun 18 (PTI) An insurance company can reject a claim if the policy-holder provides false information about his health in the proposal form, a consumer court has said. (Fri, 18 Jun 2010 04:55:16 -0700)
Travel insurance: To buy or not to buy?
Travel insurance: To buy or not to buy? (Fri, 18 Jun 2010 05:17:00 -0700)
Insurance, housing schemes for 60 lakh school teachers
New Delhi, Jun 18 (PTI) Nearly 60 lakh school teachers in the country are likely to get insurance and housing facilities with state education ministers today welcoming the proposal. (Fri, 18 Jun 2010 05:55:56 -0700)
Insurance brokerage still hot, says IBISWorld
Insurance brokerage has been placed among Australia's top five growth industries for 2010-11. The nation's economic growth is predicted to reach 3.7 per cent in the next 12 months, according to IBISWorld. (Mon, 21 Jun 2010 17:09:34 -0700)
Eastern Insurance completes $34M subsidiary sale
Eastern Insurance Holdings Inc. has completed the sale of its group benefits insurance subsidiary, Eastern Life and Health Insurance Co., for $34.1 million. (Tue, 22 Jun 2010 07:47:20 -0700)
Insurance Companies Fight WV Hospital's Request to Raise Rates
Private insurance companies are fighting a Clarksburg hospital's request to raise its average rates by 21 percent. (Tue, 22 Jun 2010 08:43:43 -0700)
Wash. insurance commissioner meets with Obama
Insurance Commissioner Mike Kreidler joined a handful of other state insurance commissioners for a meeting with President Obama about the new federal health care reform law. (Tue, 22 Jun 2010 14:32:07 -0700)
Insurance firm donates sanitary wear to Chikurubi prison
A local insurance company has donated a three-month supply of sanitary wear to Chikurubi Female Prison inmates. (Tue, 22 Jun 2010 14:35:19 -0700)
Hospitality Insurance Agency Announces an Easier Way to Purchase Insurance Online
Hospitality Insurance Agency, an insurance agency with locations in Tampa Bay, Florida and Las Vegas, Nevada is proud to announce the launch of their new website and digital marketing campaign. (Wed, 23 Jun 2010 00:01:00 -0700)
Insurance Restoration Network Welcomes Campanello Construction Company
Texas based Campanello Construction Company is accepted into the Crawford Contractor Connection. This insurance restoration contractor network pairs insurance carriers with contractors, so that in times of need, property owners have quick access to pre-qualified contractors. (PRWeb Jun 23, 2010) Read the full story at http://www.prweb.com/releases/In ... (Wed, 23 Jun 2010 00:07:41 -0700)
Insurance Premium Tax increases from 4 January 2011
The higher rate of IPT, which is charged on certain insurance contracts relating to electrical appliances motor vehicles and travel, will be increased to 20%, in line with the increased VAT rate, with effect from 4 January 2011. The standard rate of IPT (currently 5%), will also increase on 4 January, to 6%. The IPT law contains provisions that will largely prevent the current rates from ... (Wed, 23 Jun 2010 05:29:21 -0700)
Aspen Insurance Holdings to Announce Second Quarter 2010 Results on July 28, 2010 and Host Conference Call on July 29 ...
HAMILTON, Bermuda----Aspen Insurance Holdings Limited will release its second quarter 2010 financial results on Wednesday, July 28, 2010, following the close of U.S. markets. The Company will hold a conference call to discuss its financial results on Thursday, July 29, 2010 at 8:30 a.m. . (Wed, 23 Jun 2010 06:03:00 -0700)
Insurance credits for wind-resistant homes in effect next May
By Wayne Faulkner Wayne.Faulkner@StarNewsOnline.com Insurance premium credits become effective next May 1 for homeowners who make their houses more resistant to windstorm damage, N.C. Insurance Commissioner Wayne Goodwin announced Wednesday. (Wed, 23 Jun 2010 07:38:17 -0700)
Insurance chief of staff removed
Delaware's embattled insurance commissioner, Karen Weldin Stewart, has ousted her chief of staff, moving Elliott Jacobson into an advisory role in the midst of an investigation of health care claims denials by insurance companies in the state. (Fri, 25 Jun 2010 23:14:01 -0700)
Insurance primer for property owners victimized by tornado
Property owners should closely review their insurance policies to see what damages from Thursday's tornado and high winds will and will not be covered, state insurance regulators and agents said. (Sat, 26 Jun 2010 17:44:27 -0700)
Insurance claims: To file or not
Christine Moriarty of Bristol, Vt., paid homeowners insurance premiums for nearly a decade before she filed a claim when a lightning strike fried her laptop computer. Several years later, she filed a claim for a puff-back of her... (Sat, 26 Jun 2010 18:39:57 -0700)
Insurance pools readied in some states
The Obama administration is poised to award contracts worth hundreds of millions of dollars to about 20 states to run new insurance pools for people with serious medical problems. (Sat, 26 Jun 2010 21:13:15 -0700)
Insurance / It may not pay to file that claim
Christine Moriarty of Bristol, Vt., paid homeowners insurance premiums for nearly a decade before she filed a claim. A lightning strike fried her laptop computer. Several years later, she filed a claim for a puff-back of her furnace that left four rooms soot-covered. (Sat, 26 Jun 2010 22:21:04 -0700)
CIG Insurance Center-Temecula Valley Reaches New Heights at the Temecula Valley Balloon and Wine Festival
CIG Insurance Center - Temecula Valley was among the vendors at the Temecula Valley Balloon and Wine Festival. This annual festival brings ballooning enthusiasts from across the country, around the state, and from the local community together for music, ballooning and to help out local non-profit organizations. (Sun, 27 Jun 2010 00:00:00 -0700)
CIG Insurance Center-Temecula Valley Reaches New Heights at the Temecula Valley Balloon and Wine Festival
CIG Insurance Center - Temecula Valley was among the vendors at the Temecula Valley Balloon and Wine Festival. This annual festival brings ballooning enthusiasts from across the country, around the state, and from the local community together for music, ballooning and to help out local non-profit organizations. (PRWeb Jun 27, 2010) Read the full story at http://www.prweb.com ... (Sun, 27 Jun 2010 00:07:42 -0700)
Maine insurance bureau sets public sessions
Maine's Insurance Bureau is offering a summer consumer outreach program to help Maine people with insurance cases and raise awareness about the bureau's resources. Insurance - Maine - United States - Canada - Government (Sun, 27 Jun 2010 04:57:59 -0700)
Insurance bureau sets public sessions
AUGUSTA , Maine (AP) -- Maine's Insurance Bureau is offering a summer consumer outreach program to help Maine people with insurance cases and raise awareness about the bureau's resources. (Sun, 27 Jun 2010 05:43:58 -0700)
Maine insurance bureau sets public sessions
AUGUSTA, Maine -- Maine's Insurance Bureau is offering a summer consumer outreach program to help Maine people with insurance cases and raise awareness about the bureau's resources. Insurance (Sun, 27 Jun 2010 07:19:34 -0700)
Insurance agent wins new Beetle
INSURANCE agent Fitra Muhamad Otomo is the winner of the 100Plus Football Xtreme Grand Finale. (Sun, 27 Jun 2010 16:44:28 -0700)
AMI Insurance warns of investment scams
AMI Insurance says people should be wary of a telephone scam where people claiming to be from the company ask for sums of $10,000 to $25,000 to be invested at an interest rate of 13 per cent.The callers refer to the company they... (Sun, 27 Jun 2010 23:16:22 -0700)
Feds' insurance pool starts soon
Guaranteeing insurance coverage for all people with pre-existing medical conditions was a key selling point of the new federal health care... (Mon, 28 Jun 2010 03:06:59 -0700)
Insurance Supervisors Warn Against European Union's Levy on Sector
It would be unfair to include insurance companies in the European Union's proposed banking levy, industry supervisors said Sunday. Yoshihiro Kawai, secretary general of the International ... (Mon, 28 Jun 2010 03:50:02 -0700)
Insurance Brokers Left Stunned by Extreme FSA Charges
KENT, UNITED KINGDOM--(Marketwire - 06/28/10) - FSA bills issued recently have left many insurance brokers at a loss with SME businesses being hit the hardest by the regulator. Sizeable increases have meant that many brokers have been left with massive bills on their hands and making them question the fees process. The Financial Services Authority, an independent body and regulator of all ... (Mon, 28 Jun 2010 06:43:00 -0700)
Insurance Brokers Left Stunned by Extreme FSA Charges
KENT, UNITED KINGDOM-- (Marketwire - June 28, 2010) - FSA bills issued recently have left many insurance brokers at a loss with SME businesses being hit the hardest by the regulator. Sizeable increases have meant that many brokers have been left with massive bills on their hands and making them question the fees process. (Mon, 28 Jun 2010 06:53:10 -0700)
Insurance Networking News Releases Results of the 2010 Women in Insurance Leadership Awards Program
CHICAGO, IL--(Marketwire - 06/28/10) - Insurance Networking News magazine, a SourceMedia publication, today released the results of its Women in Insurance Leadership (WIL) program, a special designation to honor female insurance executives who have made a significant impact on their businesses. This year's six WIL winners are: Sallie Graves, Head of Insurance and Distributed Services IT, ING U.S ... (Mon, 28 Jun 2010 07:00:00 -0700)
Insurance Networking News Releases Results of the 2010 Women in Insurance Leadership Awards Program
CHICAGO, IL--(Marketwire - June 28, 2010) - Insurance Networking News magazine, a SourceMedia publication, today released the results of its Women in Insurance Leadership (WIL) program, a special designation to honor female insurance executives who have made a significant impact on their businesses. (Mon, 28 Jun 2010 07:09:09 -0700)
Florida Insurance Fraud Jumps on Surge in Intentional Crashes
Insurance fraud jumped in Florida as policyholders crashed their cars on purpose to generate medical claims, an industry group said (Mon, 28 Jun 2010 07:47:15 -0700)
Insurance: Avoiding The Modified Endowment Contract Trap
Cash-value life insurance has always provided consumers with a tax-free avenue of growth within the policy that could be accessed at any time, for any reason. (Tue, 29 Jun 2010 01:08:52 -0700)
India Insurance Regulator Changes Rules On Unit-Linked Products
India Insurance Regulator Changes Rules On Unit-Linked Products (Tue, 29 Jun 2010 02:35:24 -0700)
Flood Insurance Fiasco Delays Home Closings
Several insurance agents and loan brokers tell WJAC-TV that the final sales of several homes across the Alleghenies have been on hold since the National Flood Insurance program expired last month. (Tue, 29 Jun 2010 15:29:05 -0700)
Insurance commissioner candidates meet, debate in Calhoun
Interstate insurance commerce and state mandates were key topics of discussion among nine of the candidates running for State Insurance Commissioner at the Calhoun Depot Tuesday morning. The candi... (Tue, 29 Jun 2010 16:48:23 -0700)
Ping An Insurance in Talks to Merge Banking Unit With Shenzhen Development
Ping An Insurance (Group) Co. , Chinas second-largest insurer, is in talks to merge its banking unit with Shenzhen Development Bank Co. to get around Chinese rules barring insurers from controlling more than one lender. (Tue, 29 Jun 2010 19:37:56 -0700)
European Insurance Risks Shifting, CEIOPS Sees No Overall Rise
Overall risks facing the European insurance sector may not have significantly increased in the first half of 2010 but they have changed in their nature, the European Union's insurance watchdog ... (Wed, 30 Jun 2010 01:34:51 -0700)
Airport insurance package approved
An annual insurance package totaling more than $86,500 will be protecting the North Central West Virginia Airports assets for the next three years following a special Benedum Airport Authority meeting Tuesday. Members gathered to discuss and accept six bid recommendations for the Bridgeport facilitys future insurance protection after opening and viewing requests the day before. (Wed, 30 Jun 2010 02:43:43 -0700)
Insurance-Linked Securities Offer Investors New Solutions
Insurance-linked securities have developed into a distinct asset class that is generating strong interest from investors attracted to the promise of relatively low correlation with traditional financial markets, and the potential for high risk-adjusted returns. (Wed, 30 Jun 2010 06:25:00 -0700)
ASKA insurance company to open monument to insurance agent in Donetsk
ASKA insurance company (Kyiv) decided to open a monument to insurance agent in Donetsk, Oleksandr Sosis, member of the supervisory board and the insurer's stockholder has told a news conference. (Wed, 30 Jun 2010 06:51:10 -0700)
Insurance to Cover Payments to Victims of D.C. Subway Accident
Officials from Washington, D.C.'s Metro service say families of the nine people who died in last year's crash are eligible for a $50,000 insurance benefit. Metro said that Chartis, its excess ... (Wed, 30 Jun 2010 07:35:02 -0700)
BancorpSouth Insurance Exec Re-Elected to Louisiana Guaranty Board
BancorpSouth Insurance Services president Markham McKnight has been re-elected as treasurer of the Louisiana Insurance Guaranty Association (LIGA) board. McKnight brings 28 years of experience to ... (Wed, 30 Jun 2010 08:34:52 -0700)
Insurance Trade Associations Mostly Relieved by Financial Reform Bill Deal
Duplicative federal regulation of the insurance industry is essentially absent from the Dodd-Frank bill that emerged from a Marathon session in Congress June 25. (Wed, 30 Jun 2010 10:52:43 -0700)
Insurance Wholesaler Socius Insurance Services, Inc. Appoints Ellen Montalbano as Associate Broker
Socius Insurance Services, Inc., a San Francisco-based management liability and property & casualty insurance wholesaler, today announced the appointment of Ellen Montalbano as Associate Broker in the firm's San Francisco office. (Wed, 30 Jun 2010 13:50:00 -0700)
Farmers Insurance Responds to Hail Storm That Struck Bozeman and Belgrade, MT
The Farmers Insurance Group of Companies® is helping its customers file claims following the hail and windstorm that struck Bozeman and Belgrade in Gallatin County damaging autos and buildings. (Wed, 30 Jun 2010 22:30:00 -0700)
Insurance is key for a recessed economy
In a recessed economy, your insurance coverage is even more important than in good times. You may want to make slight adjustments in coverage on a homeowner's policy to reflect any reduction in home values; this could result in small savings until values again rise. (Wed, 30 Jun 2010 23:14:35 -0700)
ING insurance unit to invest $51 mln in India
BANGALORE, July 1 (Reuters) - The Indian insurance unit of Dutch financial services firm ING plans to invest 2.4 billion rupees ($51 million) in 2010/11 to fund expansion in the country, it said on Thursday. (Wed, 30 Jun 2010 23:15:44 -0700)
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