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Insurance News 06/2010 (Page 3)

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.

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.

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.

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 ...

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

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.

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

Insurance agent wins new Beetle
INSURANCE agent Fitra Muhamad Otomo is the winner of the 100Plus Football Xtreme Grand Finale.

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...

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...

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 ...

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 ...

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.

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 ...

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.

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

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.

India Insurance Regulator Changes Rules On Unit-Linked Products
India Insurance Regulator Changes Rules On Unit-Linked Products

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.

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...

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.

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 ...

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.

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.

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.

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 ...

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 ...

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.

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.

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.

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.

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.

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