Insurance news

• Water insurance letters not tied to city of Jackson - Jackson Clarion Ledger

  24-12-2014 23:10 via clarionledger.com
  
  Water insurance letters not tied to city of Jackson
  Jackson Clarion Ledger
  The letter, which has been distributed to Jackson residents with older homes this month, was mailed by Connecticut-based HomeServe USA Repair Management Corp., offering piping and plumbing insurance for water pipes that run on homeowners' private ...
  
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• Insurance company says it is not liable for acts of “serial pervert” - Atlanta Journal Constitution

  24-12-2014 22:24 via ajc.com
  
  Atlanta Journal Constitution
  Insurance company says it is not liable for acts of “serial pervert”
  Atlanta Journal Constitution
  A major insurance company is contending in a lawsuit that dental offices who hired a man whom prosecutors called a “serial pervert” should be liable for his actions. Or at least some other insurance policy should be liable. Hartford Underwriters ...
  
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• People Are Shopping for Health Insurance, Surprisingly - New York Times

  24-12-2014 21:56 via nytimes.com
  San Antonio Express-News
  People Are Shopping for Health Insurance, Surprisingly
  New York Times
  As we've said many times before, it really pays for returning customers to the Obamacare insurance marketplaces to shop around for a 2015 health plan. Recent data from the federal government shows that a surprising number of people are doing just that.
  Obama administration says progress made on goal of 9.1 million health ...Minneapolis Star Tribune
  Millions more insured in last-minute pushSan Anto
  
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• Fire Deaths Up Slightly in Alabama in 2014

  24-12-2014 21:19
  
  Fire deaths are up slightly this year in Alabama over 2013. The state fire marshal’s office says 86 people have died in fires so far this year in the state. That’s four more fatalities than during the same period last …
  The article Fire Deaths Up Slightly in Alabama in 2014 appeared first on Insurance Journal.
  
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• Rhode Island to Begin Issuing 3 Distinct Adjuster Licenses

  24-12-2014 20:57
  
  Rhode Island’s Insurance Superintendent Joseph Torti III issued a bulletin this week on transitioning to new license categories for adjusters. “Effective Jan. 1, 2015 the Rhode Island Insurance Claim Adjuster statute has been amended,” Superintendent Torti wrote in Insurance Bulletin …
  The article Rhode Island to Begin Issuing 3 Distinct Adjuster Licenses appeared first on Insurance Journal.
  
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• Immigration Reform, Driver’s Licenses Opportunity for Latino Agents

  24-12-2014 20:53
  
  Independent insurance agents who serve the Hispanic community may be in store for a busy year. Immigration reform is on next year’s horizon, and in California a landmark law enabling undocumented individuals to obtain legitimate driver’s licenses is set to …
  The article Immigration Reform, Driver’s Licenses Opportunity for Latino Agents appeared first on Insurance Journal.
  
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• New Countries Insurance Markets Studies by BMI Now Available at ... - Insurance News Net

  24-12-2014 20:49 via insurancenewsnet.com
  New Countries Insurance Markets Studies by BMI Now Available at ...
  Insurance News Net
  Market Publishers Ltd announces that new reports, covering insurance market in various countries, elaborated Business Monitor International (BMI) have been recently added to its catalogue. Israel Insurance Report Q1 2015. Such aspects as quick growth ...
  
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• Milledgeville mayor's insurance office searched - Macon Telegraph (blog)

  24-12-2014 20:37 via macon.com
  Milledgeville mayor's insurance office searched
  Macon Telegraph (blog)
  Allen said the investigation started when a complaint arrived in the insurance commissioner's office in early November. State insurance investigators visited the Wilkinson Insurance office and interviewed several employees at that time, he said. The ...
  
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• Would You Like Health Insurance With Those Stocking Stuffers? - NPR (blog)

  24-12-2014 19:36 via npr.org
  
  NPR (blog)
  Would You Like Health Insurance With Those Stocking Stuffers?
  NPR (blog)
  California's health insurance marketplace, Covered California, has supported the development of more than 200 new storefronts at or near shopping centers across the state this year, each tasked with explaining the ins and outs of different health plans ...
  
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• Iowa insurance co-op falters, is taken over by state - USA TODAY

  24-12-2014 19:20 via usatoday.com
  
  KCCI Des Moines
  Iowa insurance co-op falters, is taken over by state
  USA TODAY
  CoOportunity Health, a fledgling Iowa health-insurance company set up under the Affordable Care Act, is being taken over by the state health-insurance division because of a financial crunch. CoOportunity Health is an insurance cooperative set up to ...
  CoOportunity Health falters, taken over by stateDesMoinesRegister.com
  Health insurer taken over by Iowa's insurance regulatorKCCI Des Moines
  Iowa Health Insurance
  
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• Portland, Maine, Looks to Regulate Uber Ride Service

  24-12-2014 18:59
  
  The city attorney for Portland, Maine, will draft an ordinance to regulate Uber, the online ride service that began operating in the city in October. City officials say the service is not licensed by the city nor is it subject …
  The article Portland, Maine, Looks to Regulate Uber Ride Service appeared first on Insurance Journal.
  
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• Florida Appeals Court Ruling Opens Door for Cruise Line Malpractice Suits

  24-12-2014 18:56
  
  Pasquale Vaglio, a retired New York City policeman and Korean War veteran, was on the cruise of a lifetime with 18 family members in the summer of 2001 aboard Royal Caribbean’s “Explorer of the Seas.” Then, the accident happened. Vaglio, …
  The article Florida Appeals Court Ruling Opens Door for Cruise Line Malpractice Suits appeared first on Insurance Journal.
  
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• A.M. Best Reaffirms Chesapeake Employers’ Financial Strength Rating

  24-12-2014 18:49
  
  Chesapeake Employers’ Insurance Company, the largest workers’ compensation insurance company in Maryland, announced that insurance ratings agency A.M. Best Co. has reaffirmed a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” for the company as …
  The article A.M. Best Reaffirms Chesapeake Employers’ Financial Strength Rating appeared first on Insurance Journal.
  
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• OneBeacon Insurance (OB) Wraps Up Runoff Business Sale - Zacks.com

  24-12-2014 18:38 via zacks.com
  
  OneBeacon Insurance (OB) Wraps Up Runoff Business Sale
  Zacks.com
  OneBeacon Insurance Group, Ltd. (OB - Snapshot Report) recently completed the sale of its runoff business to Trebuchet US Holdings, Inc. ("Trebuchet"), a wholly owned subsidiary of Armour Group Holdings Limited (“Armour”). The deal was initially ...
  A.M. Best Withdraws Ratings of Certain OneBeacon Insurance Group, Ltd ...Insurance News Net
  AM Best Withdraws Ratings of Certain OneBeacon Insurance Group, Ltd. Indi
  
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• Obama Signs Disaster Declaration for 9 N.Y. Counties in Wake of Nov. Storm

  24-12-2014 18:35
  
  President Barack Obama has declared a major disaster in upstate New York. That means Washington will chip in to help state, local and tribal governments pay to clean up and rebuild after a blockbuster storm buried the region under more …
  The article Obama Signs Disaster Declaration for 9 N.Y. Counties in Wake of Nov. Storm appeared first on Insurance Journal.
  
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• Obama Signs Disaster Declaration for 9 N.Y. Counties After Winter Storm

  24-12-2014 18:35
  
  President Barack Obama has declared a major disaster in upstate New York. That means Washington will chip in to help state, local and tribal governments pay to clean up and rebuild after a blockbuster storm buried the region under more …
  The article Obama Signs Disaster Declaration for 9 N.Y. Counties After Winter Storm appeared first on Insurance Journal.
  
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• Obama Signs Disaster Declaration for 9 N.Y. Counties After Snowstorm

  24-12-2014 18:35
  
  President Barack Obama has declared a major disaster in upstate New York. That means Washington will chip in to help state, local and tribal governments pay to clean up and rebuild after a blockbuster storm buried the region under more …
  The article Obama Signs Disaster Declaration for 9 N.Y. Counties After Snowstorm appeared first on Insurance Journal.
  
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• Facebook must face lawsuit over scanning of users' messages: judge

  24-12-2014 18:23
  (Reuters) — Facebook Inc. must face a class action lawsuit accusing it of violating its users' privacy by scanning the content of messages they send to other users for advertising purposes, a U.S. judge has ruled.
  
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• Missouri Company Cited in Death of Teen Worker

  24-12-2014 18:17
  
  A southeast Missouri construction company has been cited by the Occupational Safety and Health Administration for 13 serious safety violations in an investigation that began after the death of a 16-year-old worker. The Southeast Missourian reports that OSHA announced the …
  The article Missouri Company Cited in Death of Teen Worker appeared first on Insurance Journal.
  
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• Iowa DPS Report: Wait On Drone Regulation

  24-12-2014 18:14
  
  Iowa should take a wait-and-see approach to regulating unmanned aerial vehicles because of their huge potential for positive uses in business and government, the Iowa Department of Public Safety advises in a new report. The report, requested by lawmakers in …
  The article Iowa DPS Report: Wait On Drone Regulation appeared first on Insurance Journal.
  
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• Hoopeston council picks insurance provider - Danville Commercial News

  24-12-2014 17:58 via commercial-news.com
  
  Hoopeston council picks insurance provider
  Danville Commercial News
  Although Goodwine said he met with all the employees concerning the insurance, the city did not receive the final choices until late, therefore, employees were not given a chance to discuss the options at length. The best choice, according to Goodwine ...
  
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• Feds sue Chicago schools over pregnancy bias against teachers

  24-12-2014 17:56
  The Justice Department said on Tuesday that it has filed a lawsuit against the Chicago Board of Education, alleging that the board discriminated against pregnant teachers at an elementary school.
  
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• OneBeacon completes sale of non-specialty runoff business to Armour Group

  24-12-2014 17:49
  Hamilton, Bermuda-based OneBeacon Insurance Group Ltd. said on Tuesday that it has closed the previously announced sale of its runoff business to an affiliate of Hamilton, Bermuda-based Armour Group Holdings Ltd.
  
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• Accident Fund Holdings names alternative markets leader

  24-12-2014 17:30
  Patrick Walsh has been named alternative markets leader for Accident Fund Holdings Inc., the Lansing, Michigan-based workers compensation insurer said Tuesday.
  
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• Takata says president stepping down to streamline air bag recall response

  24-12-2014 17:22
  (Reuters) — Takata Corp.
  
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• Wrongful Death Suit Filed in California Amid Listeria Outbreak

  24-12-2014 17:15
  
  The family of a California woman whose death was linked to prepackaged caramel apples sued the Safeway grocery chain for selling her the product. The lawsuit filed on Monday in Santa Cruz County Superior Court alleges that Shirlee Jean Frey, …
  The article Wrongful Death Suit Filed in California Amid Listeria Outbreak appeared first on Insurance Journal.
  
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• Do I Really Need to Buy Travel Insurance? - Lifehacker

  24-12-2014 17:14 via lifehacker.com
  
  Lifehacker
  Do I Really Need to Buy Travel Insurance?
  Lifehacker
  Travel insurance sounds like one of those types of insurance you don't need, just like extended warranties are generally not worth it. In actuality, though, in some cases, shelling out for travel insurance is a smart move. Let's take a look at your ...
  
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• Checklist: 12 Health Insurance Terms That Should Be On Everyone's Radar - Forbes

  24-12-2014 17:14 via forbes.com
  
  Forbes
  Checklist: 12 Health Insurance Terms That Should Be On Everyone's Radar
  Forbes
  The tail end of the year marks the heart of open enrollment season—in other words, if you haven't purchased health insurance yet, it's time to figure out which type of coverage makes the most sense for you and your family in the coming year. If you ...
  
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• In Oregon Studded Tires Losing Popularity

  24-12-2014 17:08
  
  Studded tires are losing traction with Oregon drivers. The state Department of Transportation has released a report showing only 4 percent of registered vehicles in Oregon were equipped with studded tires in 2014. That’s down from 16 percent at the …
  The article In Oregon Studded Tires Losing Popularity appeared first on Insurance Journal.
  
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• Sony to show 'The Interview' on YouTube, other Internet channels

  24-12-2014 16:55
  
  (Reuters) — Sony Pictures Entertainment Inc. will make its controversial comedy, “The Interview,” available starting on Wednesday through online video platforms run by Google Inc., Microsoft Corp. and Sony itself, the studio said.
  
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• Google's YouTube tentatively agrees to stream 'The Interview': CNN

  24-12-2014 16:55
  (Reuters) — Google Inc.’s YouTube unit has tentatively agreed to distribute the Sony Pictures film "The Interview," at the center of a destructive cyberattack, offering online rentals beginning on Thursday, CNN reported.
  
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• Bolton & Company Opens Northern California Office

  24-12-2014 16:50
  
  Bolton & Co. has opened an office in Santa Clara, Calif. to serve its clients in Northern California. Bolton’s Santa Clara office will serve a diverse client base, ranging from nonprofit organizations, technology and construction companies to educational institutions. Pasadena, …
  The article Bolton & Company Opens Northern California Office appeared first on Insurance Journal.
  
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• Bolton & Co. Opens Northern California Office

  24-12-2014 16:50
  
  Bolton & Co. has opened an office in Santa Clara, Calif. to serve its clients in Northern California. Bolton’s Santa Clara office will serve a diverse client base, ranging from nonprofit organizations, technology and construction companies to educational institutions. Pasadena, …
  The article Bolton & Co. Opens Northern California Office appeared first on Insurance Journal.
  
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• Express Scripts presses for expansion of drugs it won't cover

  24-12-2014 16:37
  (Reuters) — Express Scripts, the largest manager of prescription drug plans for U.S.
  
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• 11 Insurance Stocks to Sell Now - Investorplace.com

  24-12-2014 16:24 via investorplace.com
  
  11 Insurance Stocks to Sell Now
  Investorplace.com
  Meadowbrook Insurance Group, Inc. (MIG) earns an F (“strong sell”) this week, moving down from last week's grade of D (“sell”). Meadowbrook Insurance Group provides alternative risk management programs and services. The stock gets F's in Earnings ...
  
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• Japan Post IPO to include separate bank, insurance units' listings: Sources

  24-12-2014 16:11
  (Reuters) — IPO plans for state-owned Japan Post Holdings Co, one of the world’s biggest financial institutions, will include separate listings of its bank and insurance units, sources familiar with the matter said.
  
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• State charges Wake Forest insurance agent with embezzlement, ID theft - News & Observer

  24-12-2014 16:02 via newsobserver.com
  State charges Wake Forest insurance agent with embezzlement, ID theft
  News & Observer
  WAKE FOREST — Insurance agent Aaron Collier Guetterman faces embezzlement charges from state investigators who said he used real people's identifications to create phony life-insurance policies and collect commissions. Guetterman, 33, of 1304 ...
  
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• Santa Ana among worst cities when it comes to health insurance - OCRegister

  24-12-2014 15:52 via ocregister.com
  
  Santa Ana among worst cities when it comes to health insurance
  OCRegister
  Santa Ana ranks 146th out of the 150 most populous cities in the United States when it comes to households with health insurance, according to a study by personal finance social network WalletHub. WalletHub ranked the 150 U.S. cities based on the ...
  
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• Phoenix woman charged with making $16.6 million in phony insurance ... - Phoenix Business Journal

  24-12-2014 15:35 via bizjournals.com
  
  YourWestValley.com
  Phoenix woman charged with making $16.6 million in phony insurance ...
  Phoenix Business Journal
  Jimmica Guess made $355,350 in commissions on annuities that she said she had sold, the Arizona Department of Insurance claimed. Guess was paid the commissions by insurance companies after receiving the policies and checks from investors, but most ...
  Phoenix woman arrested on $1.1 million investment schemeazcentral.com
  Arizona Dept of Insurance: Woman arrested in connection w
  
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• OFF BEAT: Safety tips for last-minute tree-buying, decorating

  24-12-2014 15:17
  If holiday films like “Home Alone” and “Bad Santa” weren’t enough of an indication, Christmas can be a dangerous time of year.
  
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• CNA Appoints Dmytrow Healthcare, Aging Services VP

  24-12-2014 13:35
  
  CNA has appointed Bruce Dmytrow to vice president of aging services, national programs underwriting for the company’s healthcare segment, effective Jan, 1, 2015. Dmytrow  will be responsible for the strategic leadership of this high-performing area. Dmytrow brings more than 29 years of healthcare industry experience and 22 …
  The article CNA Appoints Dmytrow Healthcare, Aging Services VP appeared first on Insurance Journal.
  
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• Florida Floating Home Owner Loses Another Round in Damages Battle

  24-12-2014 13:00
  
  A South Florida man who two years ago won a U.S. Supreme Court case over the difference between a floating home and a vessel has lost a legal battle against the city of Riviera Beach. A federal jury last week …
  The article Florida Floating Home Owner Loses Another Round in Damages Battle appeared first on Insurance Journal.
  
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• Modi Prepares to Pass Insurance Order as Obama Visits India - Bloomberg

  24-12-2014 12:22 via bloomberg.com
  International Business Times
  Modi Prepares to Pass Insurance Order as Obama Visits India
  Bloomberg
  Modi will use an executive order known as an ordinance to allow more foreign investment in the insurance sector and make coal mining more transparent. An ordinance is valid for six months and must be voted on during the next parliament session, which ...
  India Allows Foreign Investors To Increase Stake In Domestic Insurance ...International Business Times
  India Approves Ordinance to Increase
  
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• Pros Should Probe Teams’ Leaks of Players’ Medical Information: Viewpoint

  24-12-2014 12:00
  
  The trade sending Los Angeles Dodgers outfielder Matt Kemp to the San Diego Padres finally went through late Thursday night, after a rocky process that seemed to involve some questionable gamesmanship. Major League Baseball officials would do well to give …
  The article Pros Should Probe Teams’ Leaks of Players’ Medical Information: Viewpoint appeared first on Insurance Journal.
  
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• Report Questions U.S. Readiness, Coordination to Handle Major Disaster

  24-12-2014 12:00
  
  The U.S. government isn’t fully prepared to handle a nuclear terrorist attack or a large-scale natural catastrophe, lacks effective coordination, and in some cases is years away from ensuring adequate emergency shelter and medical treatment, congressional investigators have found. The …
  The article Report Questions U.S. Readiness, Coordination to Handle Major Disaster appeared first on Insurance Journal.
  
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• Businesses Push for Terrorism Insurance Vote When Congress Returns

  24-12-2014 12:00
  
  Lobbyists for insurers, real estate financiers and businesses launched into action last week to urge quick renewal of a terrorism insurance program in 2015 after U.S. lawmakers left it to expire at the end of this year. Industry officials said …
  The article Businesses Push for Terrorism Insurance Vote When Congress Returns appeared first on Insurance Journal.
  
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• Norway: Increased claims hit marine insurer Skuld

  24-12-2014 12:00
  Despite a large number of claims causing an underwriting loss of $6.5 million, Norway-based marine insurer Assuranceforeningen Skuld still managed to post a positive return in the nine months ended Nov. 20, reports Hellenic Shipping News Worldwide.
  
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• Nepal: IME Group purchases stake in NB Insurance

  24-12-2014 12:00
  Nepal's IME Group has purchased a stake in the country's troubled insurer N.B. Insurance Co. Ltd., Republica reports.
  
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• Insurance-linked securities issuance reaches record $8.7 billion in 2014

  24-12-2014 12:00
  Insurance-linked securities and catastrophe bond issuances are set to reach the highest annual record of $8.7 billion in 2014, with the completion of Amlin P.L.C.'s Tramline Re II cat bond, Artemis.bm reported.
  
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• Indonesia: Floods hit Aceh and West Java province

  24-12-2014 12:00
  More than 34,600 people have been displaced due to floods in Indonesia's Aceh and West Java province, Business Standard reports citing an official.
  
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