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Insurance News 02/2015



Data risks give rise to 'cyber insurance' policies
Molly-Ann Leikin's living room floor is bordered by records, all framed, some brightly polished gold. They are propped almost upright against the wall. She hasn't had the energy to hang them. Her living room, picture windows framing a duck-filled pond ...

Insurance row over vicar's Jesus Christ car stickers
An insurance company has threatened to void the policy of a Christian minister because she put religious stickers on her car. Reverend Wena Parry, 75, was told that stickers saying "Christ Must Be Saviour" and "Christ For Me" could be regarded as ...

Home repair insurance claim fraud hammering Florida
The truth is, you've just signed away control of your insurance claim and may have permitted unscrupulous third parties to inflate the cost of the work. Ultimately, you could be sued or face a lien on your property for the difference between what your ...

Insure Tennessee: What you need to know
Bill Haslam's Insure Tennessee proposal to expand health coverage to the working poor shares similarities with Indiana's Healthy Indiana Plan that make them a litmus test of sorts for the many states that have not expanded coverage for people making up ...

New Atlantic City tram faces delays over insurance
ATLANTIC CITY — Insurance issues have temporarily put the brakes on a new tram system that will shuttle passengers along the Atlantic City Boardwalk. B&B Parking was scheduled to start the service Sunday under the name Boardwalk Transfer. But the ...

Super Bowl commercial: Nationwide Insurance
Nationwide Insurance aired an ad during the first half of the Super Bowl that shocked many fans. The company also aired an advertisement during the Super Bowl that included "Mindy Project" star Mindy Kaling. That ad begins with a scene showing Kaling's ...

Insurance to be canceled over 'Christ' on car
That's what a pastor from Wales is learning as she grapples with her insurance company, which is looking to nix her coverage after finding out she had messages saying “Christ Must Be Saviour” and “Christ For Me” plastered on her minivan. Rev. Wena ...

Survey: Detroit has costliest car insurance in US
Detroit residents have the costliest car insurance in the country, says a new nationwide analysis. Coupled with metro Detroit's limited bus service, curtailed in recent years and nonexistent in many suburbs, the commuting challenge for Detroiters has ...

Cure Auto Insurance: 'Deflated Balls'
So I heard that guy's balls were deflated the police say didn't look like me. I mean that may have stolen my spotlight. Your auto insurance. Drive well apparently we had some complaints about the hash tag used in our last commercial cure auto insurance ...

Trade Names: Kinsale Insurance sells specialty insurance
“They look at tough accounts that other insurance companies may not look at because of what the companies do or because of their prior losses. They try to figure out a way to provide insurance for these people,” Bordelon, vice president of McClelland ...

Cuomo's new budget calls for tax on health-insurance policies
Gov. Andrew Cuomo's new budget includes a nearly $69 million tax on health-insurance policies to pay for the administrative costs of continuing New York's ObamaCare health exchange, The Post has learned. The levy is intended to make up for federal ...

Five myths about travel insurance
Many travelers think that travel insurance is as essential to their trip as a passport and sunscreen. Others see it as a needless expense. You can make up your own mind after reading these five myths about travel insurance. 1. I don't need travel ...

How Nationwide Insurance defends its jarring Super Bowl ad that features a ...
How Nationwide Insurance defends its jarring Super Bowl ad that features a ...

Sorting Through the Auto, Life, Health Insurance Maze
When military members are preparing to deploy or move to a new duty station, there's always a long list of things to consider -- out processing, paying bills, making arrangements for family. The list goes on and on. While taking care of insurance ...

Nationwide Insurance Responds to Super Bowl Ad Backlash
Nationwide Insurance's depressing Super Bowl ad proved that not all multi-million dollars ads are there to make you laugh. The ad, which featured a young boy talking about everything he won't be able to do in life, but turns out to be dead because his ...

Nationwide Says 'Dead' Boy Ad Wasn't Meant To Sell Insurance
Feb 2 (Reuters) - Nationwide Insurance defended its Super Bowl ad featuring a "dead" boy, saying on Monday that it was intended to start a conversation about preventable accidents, not sell insurance. The ad, labeled by one Twitter user as "the most ...

Gateway offers help for new health insurance coverage
On Friday, February 6, from 12 to 1:30 p.m. in Liberty Room A at the hospital, and on Tuesday, February 10, from 5:30 to 7 p.m., in Liberty Room B, Gateway Medical Center invites members of the community to learn all about these new health insurance ...

Preview and Prediction for the 2015 Farmers Insurance Open at Torrey Pines
The West Coast swing continues as the PGA Tour heads to Torrey Pines in San Diego for the Farmers Insurance Open, which starts on Thursday. This tournament is one of the first that starts to assemble the best players in the world. Justin Rose heads up ...

Opponents of insurance rate initiative spent big before election
Final campaign finance reports filed Monday with the secretary of state showed that opponents spent $55.7 million to defeat the measure, up from $42.1 million in the campaign's Oct. 23 report. Proponents, mainly hospitals, insurance companies and ...

Severe Weather Week: State insurance chief offers tips
ATLANTA — Severe Weather Awareness Week in Georgia is Feb. 2-6, and Insurance Commissioner Ralph Hudgens wants to remind homeowners of some important insurance tips to protect their property from tornadoes, flooding and other weather-related ...

Local drivers fare better after an insurance claim
WASHINGTON — Maryland, D.C. and Virginia drivers get off easier than drivers in other states, but wherever you live, filing even a single auto insurance claim will sharply boost your annual premium. “Rates really do increase a lot more than the ...

African Union unit says developing epidemic insurance
The African Risk Capacity (ARC), the continent's sovereign disaster risk insurer, said it was working with Metabiota, which works to manage and mitigate pandemic threats, to develop the insurance products. "We aim to insure the first four participating ...

DraftKings Fantasy Golf Picks: Farmers Insurance Open 2015
After the PGA Tour provided a great pregame show for the Super Bowl in Phoenix on Sunday, the tour heads to Torrey Pines to play on another iconic course for this week's Farmers Insurance Open. With a strong field and a beautiful, well-known course ...

Investigators combing social media to expose insurance scams
Insurance investigators are making more use of the cyber world to expose scammers. There are so many people using social media nows that the sites are routinely monitored for evidence of fraud, reports CBS News correspondent Chip Reid. It was a ...

Why Your Insurance at Work May Be Insufficient
MIKE PIPER: A mistake many people make with corporate benefits is to assume that the disability and life-insurance coverage that they get automatically through their work is sufficient. In most cases, at least one of the two types of insurance should ...

Scott shops for insurance chief in state where 3 of last 4 imprisoned
money cuffs At least one top Louisiana insurance regulator made his way to Florida before Gov. Rick Scott's office reached out to a Louisianan as a possible replacement for Florida's insurance commissioner ahead of a Cabinet meeting Thursday, records ...

Bully Breeds vs. Insurance Companies
Prejudice is alive and well in the insurance industry. Every day thousands of "bully breeds" (pit bulls, German shepherds, Rottweilers, Akitas, etc.) are euthanized because they cannot be adopted. Why? There are many people out there that would happily ...

6 things you must know when buying car insurance
Dunlea contacted Press on Your Side after insurance costs hit the news last week. A study by insuranceQuotes.com found that New Jersey had the third-biggest bump in insurance premiums for drivers who previously had unblemished records and filed a first ...

Chairman: 10 against Insure TN plan in key House committee
House Insurance and Banking Committee Chairman Steve McManus, R-Cordova, said that vote tally reflects where his committee stood before the Haslam administration and House Leader Gerald McCormick, R-Chattanooga, made their pitch for Insure ...

Fairfax to acquire QBE's Ukranian insurance operations
TORONTO (Reuters) - Canadian financial services holding company Fairfax Financial Holdings Ltd (FFH.TO) said on Tuesday it has agreed to acquire the Ukranian insurance operations of Australia's QBE Insurance Group (QBE.AX), expanding its presence ...

Torrey Pines experts' picks
Tiger Woods is in the field (albeit at a 50-1 shot) at the Farmers Insurance Open, and Dustin Johnson makes his first PGA Tour start in six months after his leave of absence. But neither of those guys is part of our panel's picks for this week's ...

Insurance-assignment forms simplify: My Word
Think about the last time you went to the emergency room. You filled out paperwork for each health-care provider (physician, anesthesiologist, etc.), and your insurance company dealt directly with those providers. This is because you signed an ...

Poll: Was the Nationwide Insurance Super Bowl ad with a dead child in bad taste?
Instead of humor, Nationwide Insurance featured an ad with a dead child. The commercial was called "Make Safe Happen" and opened with a shot of a little kid riding a tricycle, playing with a dog, and engaging in regular childhood activities. But then ...

Ga. commissioner warns of insurance scam
Scammers are trying to dupe Georgians out of money by promising an inheritance is on the way. Georgia Insurance Commissioner Ralph Hudgens is warning people to be wary of those calling with the promise of a life insurance payout, but only if they pay a ...

Fraud Adds Up to 17% to Auto Insurance Injury Claims: IRC
The excess payments represented between 13 percent and 17 percent of total payments under the five main private passenger auto injury coverages, according to the study from the Insurance Research Council (IRC) of 2012 claims data. Twenty-one percent ...

Edison scores major victory in court battle against insurance company about ...
Edison scores major victory in court battle against insurance company about ...

Haslam health plan Insure Tennessee is dead
Harwell said she gauged member's interest Wednesday on Insure Tennessee, Haslam's plan to provide 280,000 low-income Tennesseans with federally funded health insurance. While declining to provide a vote count, she said she did tell Haslam where her ...

Insurance workers caught in steamy X-rated romp at office
Two co-workers were caught in a steamy X-rated romp after they left the lights at their New Zealand office switched on. Patrons in a bar across the street from Marsh Ltd. insurance firm, in Christchurch, were stunned to see the lovers ripping off their ...

Flood insurance scheme 'wasteful'
A government scheme to make home insurance affordable for families in areas at risk of flooding is wasting householders' money, advisers say. It subsidises insurance premiums for homes on flood plains through a £180m tax on everyone else's home ...

Golf Pros Kick Off Events in Farmers Insurance Open
Some of the biggest names in golf are playing in The Farmers Insurance Pro Am Wednesday. “It's going to be an amazing field today,” said spokesperson Mike Boyd. Among the professional golfers teeing off early Wednesday were Tiger Woods, Rickie Fowler ...

New insights into replacing insurance regulator
An influential Florida lobbyist, Fred Karlinsky, had input on the selection of the new insurance regulator. In addition to close ties with the governor, Karlinsky knows Henderson, and his firm contributed to Donelon's campaign and had meals with ...

Geico launches insurance product for Uber, Lyft drivers
Geico announced Wednesday that it has launched an insurance policy in Virginia that covers drivers who work for Uber, Lyft and other ride-sharing services. The insurance policy covers drivers when they are using their cars for personal use and when ...

Woman Accused of 'Crash and Buy' Car Insurance Fraud
A San Diego woman was arrested Tuesday on suspicion of buying car insurance to cover a crash she caused hours before. Tamickeua Jones, 30, rear-ended another vehicle last December while driving without insurance, according to the California ...

San Diegan Arrested for Auto Insurance Fraud in Crash and Buy Scheme
“This case and the 200 arrests in November should serve as a warning to consumers to not drive without insurance,” Jones said. “These are not victimless crimes. Every consumer pays for fraud through higher insurance rates when insurers pass the losses ...

Nearly 1.5M New Yorkers score free insurance under ObamaCare
Of the 2 million New Yorkers who applied for medical coverage through the state's ObamaCare health exchange, nearly 1.5 million were deemed eligible for Medicaid, the public-health insurance program for the needy. By comparison, 513,000 signed up for ...

Insurance giant Anthem hit by massive data breach
Hackers have stolen information on tens of millions of Anthem Inc. customers, in a massive data breach that ranks among the largest in corporate history. The information stolen from the insurance giant includes names, birthdays, medical IDs, social ...

Farmers Insurance Open live stream: How to watch online, TV coverage and more
Tiger returns this week to a venue he's owned throughout his career, Torrey Pines and the Farmers Insurance Open. Woods has won this event seven times and also won a major championship, the 2008 U.S. Open, at Torrey's South Course. This iteration of ...

Insurance in China
CHINA'S insurance companies are boring. That is exactly what regulators want. Insurers are forced to fund themselves with plenty of capital and to restrict their investments to safe, low-yielding assets. So the rise of Anbang, an insurer that this week ...

Yoga teachers want health insurance reimbursement
McNames is so certain of the healing properties of yoga, in fact, that she has co-founded a organization calling for Vermont public and private health insurance plans to pay for yoga therapy. As lawmakers continue to haggle over how to save health care ...

6 of 7 who killed Insure Tennessee are on state health plan
Six of the seven Republican senators who voted to kill Gov. Bill Haslam's proposal to extend health coverage to 280,000 low-income Tennesseans are enrolled in the state government health plan. The state-insured senators include Sen. Todd Gardenhire of ...