Wednesday, March 21, 2012

Google Alert - insurance

News25 new results for insurance
 
Without Mandate, an Insurance 'Death Spiral'?
Bloomberg
by Edward Adams, Bloomberg Law| March 21, 2012 9:09 AM EDT | If the Supreme Court strikes the Obama health care reform law's requirement that all individuals buy health insurance or pay a penalty, but leaves intact popular provisions that forbid ...
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Bloomberg
Hartford insurance company will spin off annuity business
USA TODAY
(AP) – Hartford Financial Services Group (HIG) is exiting the annuity business so it can focus on its property and casualty insurance, group benefits and mutual funds businesses. The announcement Wednesday comes a little over a month after hedge fund ...
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US muni defaults another blow for insurers
Reuters
So far, the bond defaults are not roiling the $3.7 trillion municipal market because insurance companies are stepping in to make payments to bond holders in some cases. But defaults on insured bonds are putting pressure on these insurers, ...
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Erie Insurance Strengthens Leadership Team With New Appointments, Promotions
MarketWatch (press release)
ERIE, Pa., March 21, 2012 /PRNewswire via COMTEX/ -- Erie Insurance is pleased to announce the following business leadership appointments and promotions. Andrew Erman, Vice President and Chief Life Actuary. In this role, Erman will oversee actuarial ...
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The Best Type Of Life Insurance For You Right Now
San Francisco Chronicle
Many people don't understand why they need life insurance, when they should buy it or what type of policy would best meet their needs. In this article, we'll describe what type of life insurance will probably make the most sense for you at major ...
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PPACA SBC: New Federal "Insurance Verification" Law Goes Into Effect 09/23/2012
San Francisco Chronicle (press release)
On March 19, 2012, DOL, HHS & IRS published a new enforcement guidance on how to comply with the new federal "Insurance Verification" law, PPACA SBC FAQ VIII, a new chapter of US healthcare with "One Nation, One Verification".
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India asks Iran to bear oil insurance risk amid sanctions
Reuters
State-run refiners request Iran take on ship insurance risk * NIOC says will consider on a case-by-case basis * Iran's NITC using more of its fleet to transport crude By Nidhi Verma and Luke Pachymuthu NEW DELHI/SINGAPORE, March 21 (Reuters) - Indian ...
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Aon Risk Maturity Index earns Business Insurance Innovation Award
MarketWatch (press release)
CHICAGO, March 21, 2012 /PRNewswire via COMTEX/ -- Business Insurance magazine recently recognized Aon Risk Solutions, the global risk management business of Aon Corporation (NYSE:AON) , with a 2012 Innovation Award for the Aon Risk Maturity Index, ...
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Lawmaker pleads not guilty in life insurance case
Boston.com
By Laura Crimaldi AP / March 21, 2012 PROVIDENCE, RI—A Providence lawmaker pleaded not guilty Wednesday to charges he pocketed funds from a life insurance policy on his friend's dead daughter, calling the case a "big misunderstanding." State Rep.
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Pennsylvania Insurance Department's Expanded Rate Review Authority Takes Effect
MarketWatch (press release)
HARRISBURG, Pa., March 21, 2012 /PRNewswire via COMTEX/ -- The law giving the Pennsylvania Insurance Department authority to review and disapprove rate increases in the small group health insurance market took effect today, March 21.
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Insurance body cautious on solvency deal
Financial Times
By Alistair Gray in London A looming regulatory shake-up of the European insurance sector still threatens many companies' business models even after policy makers voted to adopt measures to make it less onerous, the industry has warned.
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Lawmakers vow to push abortion insurance bill
The Seattle Times
Supporters say the bill would ensure that existing abortion coverage will be preserved once federal health insurance rules come into effect in 2014 under national health care reform. Under federal health reforms, insurers covering abortions will have ...
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House ag plan would slash US crop, insurance payouts
Reuters
Plan seeks larger cuts than farm panel suggested * Obama also targeted direct payment, crop insurance * Plan could force bigger cuts in new farm bill * GOP plan means no 2012 farm bill-Key Democrat * Crop insurance ripe for savings, says analyst ...
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Family Insurance Business Continues Growth
Patch.com
By Patrick Maguire Those catching Easton Youth Baseball games at Militia Park this spring may notice the Morse Insurance Agency logo on outfield signs and many players' uniforms. Morse's sponsorship, while a small investment, is one way that President ...
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With Less Than 1% of Its Mortgages Ever Needing Force-Placed Insurance, NCSECU ...
MarketWatch (press release)
RALEIGH, NC, Mar 21, 2012 (BUSINESS WIRE) -- As the Consumer Financial Protection Bureau (CFPB) plans to issue new rules on force-placed insurance in the coming year, State Employees' Credit Union (SECU) welcomes a review by the Bureau of the Credit ...
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Michigan Drivers Face Insurance Rate Hike
Patch.com
The cost of auto insurance will increase by $30 for every vehicle under policy in Michigan to fund catastrophic claims under the state's no-fault system. Michigan State Police Michigan motorists beware: The cost of driving won't just be going up this ...
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Crop insurance takes hit in GOP budget
WatertownDailyTimes.com
By MARC HELLER WASHINGTON — Crop insurance saves farmers from losses because of floods and other natural disasters. But as Congress weighs deep cuts to farm programs, does crop insurance itself need protection? That is one debate likely to grow out of ...
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For People Looking To Save On Auto Insurance In Alpine County, FoxQuotes.com ...
Houston Chronicle
Driver Insurance Company, FoxQuotes.com, Expands To People Looking To Save On Auto Insurance In Alpine County. They Have Expanded Their Coverage To Alpine County. Today, FoxQuotes.com announced that they can now help people who are looking to save on ...
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YOUR MONEY: Six keys to long-term care coverage
Reuters
By Kathleen Kingsbury March 21 (Reuters) - Patricia Rief-Heskett purchased long-term care insurance 15 years ago because she was worried about the rising cost of nursing home care. Now that the Omaha, Neb., retiree is 67, she worries that coverage ...
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JLT Group Interested in Expanding Insurance Broking in Croatia
Bloomberg
Jardine Lloyd Thompson Group Plc. (JLT), a global insurance broking company, is interested in expanding its activities in Croatia as the government prepares the sale of state-owned Croatia Osiguranje dd "We as insurance brokers are very interested in ...
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Insurance Agent Gets Bail in Annuity Case
Wall Street Journal
By LESLIE SCISM A California state judge granted bail Tuesday to an insurance agent so he can avoid jail time while appealing a felony-theft conviction for selling an annuity to an 83-year-old woman. Glenn Neasham, 52 years old, faced an April 18 ...
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Springtree Group Announces the Acquisition of Insurance-Source.com by the The ...
Houston Chronicle
Springtree Group, a leading M&A and financial advisor for the Insurance Agent / Brokerage community, is pleased to announce the purchase of Tampa based Insurance-Source.com by its client, The Walton Group. Springtree Group, a leading M&A and financial ...
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Inside Insurance: Natural catastrophes, global train wreck
The Augusta Chronicle
In all, US insured catastrophe losses totaled $35.9 billion. The 2000 to 2010 average insured losses were $23.8 billion in 2011 dollars. Now let's consider losses from a global perspective. MunichRe, a major worldwide reinsurance provider, ...
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Ohio tops other states in claims for metal theft
Wall Street Journal
AP DAYTON, Ohio — Ohio leads the nation in property insurance claims for the theft of copper and other metals, an industry-supported organization that fights insurance fraud says. The National Insurance Crime Bureau says Ohio property owners made 2398 ...
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InsuranceHotline.com Provides Tips on When to Purchase Life Insurance
Houston Chronicle
InsuranceHotline.com debunks the common myth that life insurance is only necessary for those with kids. There are many reasons that life insurance is a good option, such as protection of property and alleviating significant financial pressure from ...
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