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Insurance News 08/2011



Study USA-HealthCare™ Introduces Increased Coverage for International Student Health Insurance
USI Affinity Travel Insurance Services has long offered international students affordable student health insurance while they study abroad through Study USA-HealthCare™.Walnut Creek, CA (PRWEB) August 01, 2011 USI Affinity Travel Insurance Services has long offered international students affordable student health insurance while they study abroad through Study USA-HealthCare™. ...

5 unique car insurance policies
Offbeat auto insurance products have rolled onto the market. Do you need Burning Man insurance?

New Insurance Rules Provide Free Birth Control
The U.S. Department of Health and Human Services has announced sweeping new guidelines for women's health care which will change everything from distribution of birth control pills to administration of breast exams -- and will mean women will no longer pay anything out of their own pocket.

PA Insurance Department to Complete Consumer Services Reorganization Aug. 5 with Closing of Philadelphia Regional Office
HARRISBURG, Pa., Aug. 1, 2011 /PRNewswire-USNewswire/ -- When the Pennsylvania Insurance Department closes its Philadelphia regional office on Aug. 5, the agency will complete a reorganization of its consumer services bureau that will save taxpayer funds while maintaining customer service.

What Good is Insurance Anyway?
By Stephen Horan, PhD, CFA, CIPM In my June 20th column about personal balance sheets, we discussed the value of your labor and the importance of including it in this tool for making informed investment decisions from a risk perspective. In the article, I argued among other things that the value of your labor may be one of the biggest assets that you have. For someone earning $100,000 a year ...

Robinson Family Insurance Launches Interactive Website for Customers
Robinson Family Insurance announces the launch of a new agency website at http://www.RobinsonFamilyInsuran With interactive features such as onsite glossaries, maps, driving directions, and multiple forms of contact, Robinson Family Insurance’s newest website is designed with customers in mind.League City, Texas (PRWEB) August 01, 2011 Robinson Family Insurance ...

Insurance Coverage for Contraception Required
The Obama administration requires health plans to cover government-approved contraceptives for women.

New U.S. rules require insurance coverage for contraception
Marking a new milestone in long-running efforts to make health insurance more equitable for women, the Obama administration announced Monday that tens of millions of women will soon be able to get birth control, breast pumps, HIV tests and five other categories of preventive services without co-pays or other out-of-pocket insurance charges. The rules issued by Health and Human Services Secretary ...

Shane Can Cruise in Your Car with NRMA QLD Insurance
Former NRMA Insurance Broncos enforcer Shane Webcke is the face of a new version of the award-winning NRMA Insurance My Car Is Your Car campaign, launched last night in Queensland.(PRWEB) August 02, 2011 Shane Webcke to lead a new version of the award winning NRMA Insurance campaign.Former NRMA Insurance Broncos enforcer Shane Webcke is the face of a new version of the award-winning NRMA ...

“You Know What’s Disturbing About Car Insurance” Ad Campaign Launched by CarInsuranceQuote.com
Attention grabbing new car insurance TV commercial by CarInsuranceQuote.com entertains and reminds consumers about the importance of comparing car insurance quotes to get the best deal.Waltham, MA (PRWEB) August 02, 2011 CarInsuranceQuote.com (a division of CIQ Online, LLC) announces the launch of a provoking new car insurance TV commercial. The use of comedy in the commercial entertains and ...

CompassQuote Insurance Services Reports Increased Requests For Term Life Insurance Quotes
President of CompassQuote Insurance Services reports increase in requests for term life insurance quotes in the first half of 2011. The company is an independent, Internet based insurance firm that is committed to providing a better and easier way to purchase insurance.Phoenix, AZ (PRWEB) August 02, 2011 Brian Greenberg, President of CompassQuote Insurance Services, LLC, reports an increase in ...

Health insurance exchanges chief to step down
WASHINGTON (Reuters) - The man charged with overseeing the creation of U.S. state-based health insurance exchanges is stepping down, according to a senior U.S. health official.

ECI Agency Website Provides Assistance to Consumers Looking for Insurance
Shopping for insurance can be confusing for many consumers and making decisions about the right coverage can sometimes be difficult. ECI Agency understands these consumer concerns and has designed an agency website at http://www.ECIAgency.com filled with valuable information for customers. Here shoppers can find access to a variety of quote forms covering different ...

General Insurance Services, Inc. Website Provides Assistance to Consumers Looking for Insurance
Shopping for insurance can be confusing for many consumers and making decisions about the right coverage can sometimes be difficult. General Insurance Services, Inc. understands these consumer concerns and has designed an agency website at http://www.GenIns.com filled with valuable information for customers. Here shoppers can find access to a variety of quote forms ...

Alaska Insurance Agency Releases Free High Deductible Health Plan Guide for Employers
Wallace Insurance Group, an Alaska insurance agency, today released the free guide, “Combat Rising Health Care Costs with High Deductible Plans” which outlines the advantages of high deductible health plans for both employers and employees.Anchorage, AK (PRWEB) August 03, 2011 Wallace Insurance Group, an Alaska insurance agency, today released a free guide that explores the advantages of High ...

Squaremouth Travel Insurance is Tampa Bay’s 9th Fastest-Growing Company
Squaremouth Inc., a leading comparison website for travel insurance, is Tampa Bay’s 9th fastest-growing company in 2011 for the three years between 2008 and 2010.St. Beach, FL (PRWEB) August 03, 2011 Squaremouth Inc., a leading comparison website for travel insurance, has been recognized with the Fast 50 Award as Tampa Bay's 9th fastest-growing company.Each year, the Tampa Bay Business Journal's ...

California’s Massey Insurance Services, Provides Local Truck Drivers with Safe Driving Best Practices
Area insurance specialists remind truckers about the importance of commercial truck insurance.Victorville, CA (PRWEB) August 04, 2011 Massey Insurance, a locally based independent California insurance agency, is always on the lookout for ways to boost the service they provide to the surrounding community as well as their California insurance clientele. With a strong focus on the commercial ...

Cunningham Financial Group Examines the National Flood Insurance Program and Louisiana Flood Insurance Premiums
Local Louisiana insurance company educates community about flood insurance coverage.Natchitoches, LA (PRWEB) August 04, 2011 Local Louisiana insurance and financial services provider, Cunningham Financial Group, strives to keep their local community educated and up-to-date on current events and coverage-specific news. One coverage area which Cunningham Financial Group has chosen to pay ...

Panel of Experts to Discuss New Insurance Exchange Regs
Atlantic Information Services, Inc., publisher of Inside Health Insurance Exchanges, Health Plan Week, AIS’s Health Reform Week, Medicare Advantage News and ACO Business News, is pleased to announce its August 24 Webinar, New Insurance Exchange Regs: Strategies for Health Plans, Brokers, Providers and Employers.(PRWEB) August 04, 2011 Atlantic Information Services, Inc. ...

Phantom Income From Life Insurance
Life insurance is a marvelous financial product.  It provides liquidity at a point in time when a family really needs liquidity.  It is income tax advantaged.  The amount received in excess of premiums paid is income tax free - if paid by reason of the death of the insured.  It is such a good product, that it always upsets me when I see people like James Ledger (I wonder if he went in the Army ...

Insurance Execs See Pricing Pressures, Regulatory Reform Driving M&A Activities: KPMG Survey
Insurance executives are more intently considering merger and acquisition strategies to confront growth challenges generated by pricing pressures and regulatory reform, according to a recent survey by KPMG LLP, the audit, tax, and advisory firm. Â

Children With Public Health Insurance Less Likely to Receive Comprehensive Primary Care
Contact: Lauren McLeod, [email protected], or Mary F. Masson, [email protected], both of the University of Michigan Health System, +1-734-764-2220

Does Home Insurance Cover Household Staff?
If you employ a household staff, make sure you're insured for claims of wrongful acts. 

Health Insurance Stock Outlook - Aug. '11
Several health insurers posted strong second-quarter results and raised their full-year outlooks. Most of these gains reflected higher enrollment figures, organizational changes and fewer regulatory reform-related losses.

Health insurance paperwork costs doctors big money
Health insurance costs aren't just a patient concern. Dealing with health insurance paperwork costs American doctors an average of nearly $83,000 per year.

Insurance premiums to hit Dh22b
DUBAI - The total volume of insurance premiums in the UAE is expected to reach Dh22 billion by the end of 2011, an industry specialist said.

Elephant Insurance Expands into Illinois
Elephant Auto insurance, one of the growing insurance providers is now ready to serve Illinois drivers. Elephant Insurance currently provides auto insurance in Virginia, Maryland, and now Illinois.Richmond, VA (PRWEB) August 07, 2011 Elephant Insurance Services, LLC, is proud to announce the expansion of Elephant Auto Insurance (a direct-to-consumer automobile insurance company) into Illinois. ...

MiniCo Insurance Agency Partners with AXA Art Insurance Corporation to Offer Specialty Collectibles Insurance Program
MiniCo Insurance Agency, LLC, has signed an agreement with AXA Art Insurance Corporation to offer a specialty program to insure private collections including collectibles valued up to one million dollars in a home or storage facility.Phoenix, AZ (PRWEB) August 08, 2011 MiniCo Insurance Agency, LLC, has signed an agreement with AXA Art Insurance Corporation to offer a specialty program to insure ...

Aran Insurance Services Group Announces AXA Art Insurance Corporation as Carrier for Specialty Collectibles Insurance ...
Aran Insurance Services Group today announced AXA Art Insurance Corporation as a carrier partner for property and casualty subsidiary MiniCo Insurance Agency, LLC. AXA Art will provide MiniCo a specialized inland marine policy for private collections including collectibles valued up to one million dollars in a home or storage facility.Rockville Centre, NY (PRWEB) August 08, 2011 Aran Insurance ...

iMingle® Insurance Launches Instant Bill-Paying Site Utilizing QR Code
iMingle, a new marketing approach to car insurance, caters to the technology-focused i Generation. iMingle's new instant payment site utilizes QR code, making it quicker and easier for policyholders to pay bills anywhere from their mobile phones.Chicago, IL (PRWEB) August 08, 2011 iMingle® Insurance announced today that it has launched a new quick, easy-to-use payment site to allow customers to ...

Personal Finance: Weigh the costs, benefits of flood, earthquake insurance
Question: As a new homeowner, I've been approached by insurance agents hawking earthquake insu

Insurance Industry Veterans Establish New Managing General Agency
Two veteran insurance industry executives â Pat Kilkenny, former Chairman and CEO of Arrowhead General Insurance Services, Inc., and Bob Kimmel, former Guy Carpenter & Co., LLC executive vice president â have formed K2 Insurance Services, LLC, a managing general agency which seeks to acquire other MGAs and build a leading franchise in the insurance program business market.

XL Insurance Appoints Richard DeSimone President of US Ocean and Inland Marine Business
XL Insurance, the global insurance underwriting operations of XL Group , today announced the appointment of Richard DeSimone as President of its US Ocean and Inland Marine unit. Mr.

Insurance industry engine keeps Iowa’s economy stronger
Allen Williams sometimes wished Iowa was better known back when he traveled the country to recruit businesses for the Iowa Department of Economic Development for more than eight years. He sometimes yanked out a map that he could use to locate the state for executives in New York or California who’d never had much reason [...]

Insurance premium KOs Gordon campaign
Detroit Pistons guard Ben Gordon will miss Britain's Eurobasket campaign because of insurance problems caused by the NBA lockout.

Seven Corners Awarded Health Insurance Contract for Returning Peace Corps Volunteers
Seven Corners has held the Health Benefit Program management contract for Active Peace Corps volunteers that is funded by the federal government since August of 2005 and just this week was awarded the Returned Peace Corps Volunteer (RPCV) insurance program contract.(PRWEB) August 08, 2011 Seven Corners was just awarded a health insurance contract for Returning Peace Corps Volunteers with one ...

PJW Insurance Services, a Full Service Insurance Agency Opens in Foster City
Shopping for group insurance has never been easier!Foster City, CA (PRWEB) August 08, 2011 PJW Insurance Services is a business-to-consumer insurance agency that delivers Web-based insurance information to individuals, families and small businesses who are in need finding the best available insurance coverage at the best rates on the market. Their integrated suite of online services facilitates ...

Austin’s Wortham Insurance Adds Dan Neil to Life Insurance Practice
Former University of Texas Two Time All American and Seven Year Denver Bronco NFL Player Joins Historic Texas Insurance CompanyAustin, TX (PRWEB) August 09, 2011 The Austin office of Wortham Insurance & Risk Management is proud to announce the addition of Dan Neil to its life insurance practice. Even as the largest independent insurance broker in Texas, Wortham’s approach is personal care and ...

Manchester Broker Reich Insurance Continues Acquisition Push
Reich Insurance acquires Scottish broker Surenet Agency Limited in second acquisition since JuneManchester (PRWEB UK) 9 August 2011 Reich Insurance, one of the UK’s premier independent insurance brokers, just announced it has completed its second acquisition in two months, having just purchased independent insurance broker Surenet Agency Limited. The second acquisition follows the recent ...

Medicare Actuary: Obamacare Will Triple the Growth Rate of Net Insurance Costs
Remember when the President promised that Obamacare would reduce the cost of health insurance? ?Under plan, if you like your current health insurance, nothing changes, except your costs will go down by as much as $2,500 per year,? said Obama in 2008. The law, like Romneycare in Massachusetts, would magically eliminate the mythical ?free-rider problem? by massively subsidizing health spending for ...

Walgreens plans to sell you health insurance
Walgreens, the nation's largest drugstore chain is planning to start selling health insurance to customers this fall.

How to Save on Insurance Costs
More than other age groups, people over 65 are reluctant to consider changes in their insurance needs. According to industry surveys, older consumers get locked into insurance policies for the long run, ...

Walgreens Wants to Sell You Health Insurance
The country's largest drugstore chain is jumping in the business of selling health insurance, reports CNN. This fall, Walgreens will start peddling health insurance plans across different price ranges via a private health insurance exchange, sources tells the news network. The company's unusual foray into selling coverage is expected to be followed by other companies not associated with the ...

Mo. high-risk insurance pool cuts rates 23 percent
Missouri's high-risk health insurance pool is cutting its rates by 23 percent.

I Still Think The Life Insurance Company Screwed Them
There have been a few cases in the last year about people getting hosed by taxes when they close down life insurance policies.  The most recent was that of James Ledger but I'm going to skip back to John Sanders, because the numbers were laid out more clearly in that decision.  Mr. Sanders had paid a total of $10,117 in premiums and had borrowed $7,136 on his policy.  When it was cancelled he ...

Health Insurance During Early Retirement
For early retirees, one of your biggest challenges is finding health insurance. If you retire before age 65, you won't yet be eligible for Medicare . And finding other health coverage you can afford can ...

6 myths about buying life insurance
Are you mistaken about life insurance costs, benefits and restrictions? Experts dispel six myths.

Insurance agent makes her claim on life
After 15 years as an insurance agent, Sharon Campbell no longer needs to cold call on clients and shes...

Analysis: Tech world vies for piece of insurance exchanges
WASHINGTON (Reuters) - The U.S. government effort to set up state-run health insurance exchanges may be falling behind schedule, but technology firms are lining up for the lucrative contracts to build the network's infrastructure.

Why Are Car Insurance Rates Falling
[gallery]This post provided by Insurance.com.That wise-cracking Geico gecko has just been served a heaping slice of humble pie, courtesy of the state of California.Recently, Geico asked the California Department of Insurance (CDI) for permission to raise rates on drivers by 4 percent. But the nonprofit Consumer Watchdog got a whiff of the proposal and barked.Using a state law known as ...