Insurance news

• Vermont Insurance Claims Case Headed To Supreme Court - Vermont Public Radio

  30-06-2015 23:46 via digital.vpr.net
  
  Vermont Public Radio
  Vermont Insurance Claims Case Headed To Supreme Court
  Vermont Public Radio
  The U.S. Supreme Court will hear a Vermont case involving claims data that regulators say is needed for payment reform. Jacquelyn Martin AP. The state of Vermont wants access to the claims data of companies that fund their own health insurance plans.
  High court to review insurance data confidentialityBusiness Record
  US Supreme Court to take up Vermont health insurance data collection caseGreenfield D
  
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• Health Insurance Premiums Are Rising Faster Than Income - Forbes

  30-06-2015 23:44 via forbes.com
  
  Forbes
  Health Insurance Premiums Are Rising Faster Than Income
  Forbes
  In every budget, we can control what we pay for some items while others are out of our control. Health insurance premiums are one of those items over which the consumer has little or no control (outside of raising the deductible or changing to an ...
  Job One After Court's ACA Ruling: Kill Health Insurance TaxInvestor's Business Daily
  Is health insurance through work $1800 less because of the Affordable Care Act?PolitiFact
  
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• Independent Insurance Agents of Virginia Elects Officers for 2015/2016

  30-06-2015 23:36
  
  Independent Insurance Agents of Virginia (IIAV) inducted its 2015/2016 Board of Directors during the IIAV annual convention held June 21-23, 2015 at the Hilton Virginia Beach Oceanfront in Virginia Beach, Virginia. IIAV’s Board of Directors consists of: Chairman of the …
  The article Independent Insurance Agents of Virginia Elects Officers for 2015/2016 appeared first on Insurance Journal.
  
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• Bernie Sanders campaign event moved to Cross Insurance Arena - Press Herald

  30-06-2015 23:26 via pressherald.com
  
  Press Herald
  Bernie Sanders campaign event moved to Cross Insurance Arena
  Press Herald
  More than 3,000 people have RSVPed to attend the town meeting-style event for the Vermont senator and presidential candidate. staff report. Share. facebook · tweet · email. print Comment. Read Article. A scheduled appearance Monday in Portland by U.S. ...and more »
  
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• Is health insurance through work $1800 less because of the Affordable Care Act? - PolitiFact

  30-06-2015 22:11 via politifact.com
  PolitiFact
  Is health insurance through work $1800 less because of the Affordable Care Act?
  PolitiFact
  President Barack Obama, with Vice President Joe Biden, speaks in the Rose Garden on June 25, 2015, after the U.S. Supreme Court upheld a key part of the Affordable Care Act. (AP Photo). Shortly after the U.S. Supreme Court decided to uphold a key piece ...
  Health Insurance Premiums Are Rising Faster Than IncomeForbes
  Who Is the Patient: The Insurance Industry or Real People?Huffington Post
  
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• Zayicek Appointed Head of ING Insurance North America - ClaimsJournal.com

  30-06-2015 21:59 via claimsjournal.com
  Zayicek Appointed Head of ING Insurance North America
  ClaimsJournal.com
  ING announced the hire of Ernie Zayicek as a director, leading the coverage of North American insurance companies. He will focus on transactions for ING's North American insurance clients and will report to Nick Smit, head of Financial Institutions ...
  ING Americas Appoints Ernie Zayicek as Head of Insurance North AmericaPR Newswire (press release)all 2 news articles »
  
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• Berkshire Hathaway to Expand Australian Insurance Business - Zacks.com

  30-06-2015 21:16 via zacks.com
  The Australian
  Berkshire Hathaway to Expand Australian Insurance Business
  Zacks.com
  Sources have reported that Berkshire Hathaway Inc. (BRK.B - Analyst Report) is gearing up to expand its insurance business in Australia by selling policies to hospitals and medical practices in Australia. This news indicates that the company is ...
  Berkshire Hathaway to Expand Australian Insurance Business - Analyst BlogNasdaq
  Berkshire Hathaway Specialty Insurance Company Expands into Healthcare in ...MarketWat
  
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• Founders Professional Opening Chicago Office

  30-06-2015 21:14
  
  Founders Professional, a professional liability insurance wholesaler, announced it is opening an office in downtown Chicago. The new location will be Founders Professional second; its first location is in St. Petersburg, Fla. Marketing and business development executive Aaron Lipson has …
  The article Founders Professional Opening Chicago Office appeared first on Insurance Journal.
  
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• Fidelity National: Special Sitatuion In Insurance - ValueWalk

  30-06-2015 20:42 via valuewalk.com
  
  Fidelity National: Special Sitatuion In Insurance
  ValueWalk
  Smart capital allocators love insurance companies. Several famous hedge fund managers operate reinsurance companies, such as Dan Loeb's Third Point Reinsurance Ltd. $TPRE and David Einhorn's Greenlight Capital Re, Ltd. (NASDAQ:GLRE) $GLRE.
  
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• Autism insurance coverage nears passage - WRAL.com

  30-06-2015 20:34 via wral.com
  
  WRAL.com
  Autism insurance coverage nears passage
  WRAL.com
  Raleigh, N.C. — A bill that would require insurers to cover treatment for children with autism is a House vote away from passage. Autism insurance coverage has overwhelmingly passed the House in recent years, only to languish in the Senate. That ...and more »
  
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• Dear President Obama: Advance health insurance debate - The Tennessean

  30-06-2015 20:27 via tennessean.com
  The Tennessean
  Dear President Obama: Advance health insurance debate
  The Tennessean
  Dear President Obama: Welcome back to Nashville. We appreciate you choosing the capital of the nation's health care industry to deliver your remarks at Taylor Stratton Elementary School in the Madison area about the Supreme Court's ruling on the ...
  Obama Takes ACA Victory Tour to Tennessee, Where 28000 Lost Insurance ...Town Hallall 57 news articles »
  
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• Towers Watson Pays Willis's Insurance Premium - Wall Street Journal

  30-06-2015 19:09 via wsj.com
  
  Wall Street Journal
  Towers Watson Pays Willis's Insurance Premium
  Wall Street Journal
  During a deal-making boom, companies can be persuaded to do things that are daring, novel—even slightly crazy. The $18 billion merger of insurance broker Willis and benefits expert Towers Watson TW -8.83 % is none of these. It is merely as uninspiring ...
  Insurance broker Willis Group to buy Towers Watson in stock dealReuters
  Willis tie-up with Towers Watson points to insurance woesFinancial Times
  Willis
  
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• Hilb Group Acquires Cornerstone Group, Gencorp Insurance Group in RI - Insurance Journal

  30-06-2015 19:00 via insurancejournal.com
  
  Hilb Group Acquires Cornerstone Group, Gencorp Insurance Group in RI
  Insurance Journal
  The Hilb Group, a Richmond, Virginia-based middle market insurance agency, today announced its acquisition of two New England insurance brokerage firms: Cornerstone Group, a benefit advisory firm in Warwick, Rhode Island; and Gencorp Insurance ...
  Hilb Group Announces Acquisitions of Insurance Firms Gencorp and CornerstoneBusiness Wire (press release)
  Broker expands into New England with acquisitionsBusi
  
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• Hilb Group Acquires Cornerstone Group, Gencorp Insurance Group in R.I.

  30-06-2015 18:52
  
  The Hilb Group, a Richmond, Virginia-based middle market insurance agency, today announced its acquisition of two New England insurance brokerage firms: Cornerstone Group, a benefit advisory firm in Warwick, Rhode Island; and Gencorp Insurance Group, a property/casualty and employee benefits …
  The article Hilb Group Acquires Cornerstone Group, Gencorp Insurance Group in R.I. appeared first on Insurance Journal.
  
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• Dovetail Insurance Expands MetLife BOP Product to Five More States - Insurance Journal

  30-06-2015 18:48 via insurancejournal.com
  
  Dovetail Insurance Expands MetLife BOP Product to Five More States
  Insurance Journal
  Dovetail Insurance has expanded its MetLife Auto & Home Business Owners Policy (BOP) offering to five additional states through its NetBOP Insurance Portal. The MetLife Auto & Home BOP coverage was recently launched in Colorado, Nebraska and New ...
  
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• Dovetail Insurance Expands MetLife BOP Product to Five More States

  30-06-2015 18:48
  
  Dovetail Insurance has expanded its MetLife Auto & Home Business Owners Policy (BOP) offering to five additional states through its NetBOP Insurance Portal. The MetLife Auto & Home BOP coverage was recently launched in Colorado, Nebraska and New Mexico, and …
  The article Dovetail Insurance Expands MetLife BOP Product to Five More States appeared first on Insurance Journal.
  
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• Texas AG: State Workers May Deny Gay Marriage Licenses

  30-06-2015 18:44
  
  Calling the Supreme Court decision giving same-sex couples the right to marry a “lawless ruling,” Texas’ conservative Republican Attorney General Ken Paxton said state workers can cite their religious objections in denying marriage licenses. He warned in a statement on …
  The article Texas AG: State Workers May Deny Gay Marriage Licenses appeared first on Insurance Journal.
  
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• ACE Introduces Online System for Quoting Boats

  30-06-2015 18:36
  
  ACE Group has launched a new online tool, ACE EZQuote, that allows independent agents and brokers to generate a bindable quote for boats in less than four minutes. Available through its ACE Recreational Marine Insurance business, ACE EZQuote works for …
  The article ACE Introduces Online System for Quoting Boats appeared first on Insurance Journal.
  
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• Tort, Workers’ Comp Reforms Among Illinois Gov.’s Budget Holdouts

  30-06-2015 18:35
  
  Illinois Gov. Bruce Rauner has an answer to the state Capitol budget impasse: adopt five “structural reforms” that make it cheaper to do business in Illinois. House Speaker Michael Madigan of Chicago calls the proposals “extreme” and anathema to legislative …
  The article Tort, Workers’ Comp Reforms Among Illinois Gov.’s Budget Holdouts appeared first on Insurance Journal.
  
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• Tort, Work Comp Reform Among Illinois Gov.’s Budget Holdouts

  30-06-2015 18:35
  
  Illinois Gov. Bruce Rauner has an answer to the state Capitol budget impasse: adopt five “structural reforms” that make it cheaper to do business in Illinois. House Speaker Michael Madigan of Chicago calls the proposals “extreme” and anathema to legislative …
  The article Tort, Work Comp Reform Among Illinois Gov.’s Budget Holdouts appeared first on Insurance Journal.
  
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• Flooding, Rain Problematic for Ohio Corn Growers

  30-06-2015 18:32
  
  Extensive flooding and heavy rains have affected corn fields across Ohio and left growers contending with the possibility of lost or damaged crops. Flooding and ponding could kill some corn crops, an Ohio State University Extension agronomist said in a …
  The article Flooding, Rain Problematic for Ohio Corn Growers appeared first on Insurance Journal.
  
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• Court Upholds California Broker’s License Revocation for Sexual Misconduct

  30-06-2015 18:31
  
  The Court of Appeal upheld a decision by California Insurance Commissioner Dave Jones to revoke the broker-agent license of Wellman Dale Shew, 55, of Fresno. When the California Department of Insurance learned that Shew had two misdemeanor convictions in California …
  The article Court Upholds California Broker’s License Revocation for Sexual Misconduct appeared first on Insurance Journal.
  
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• Weather Damage to Nebraska’s Public Infrastructure Exceeds $13.5M

  30-06-2015 18:25
  
  Nebraska emergency officials say recent severe weather has caused more than $13.5 million in damage to roads, bridges and other public infrastructure. The Nebraska Emergency Management Agency said that the damage was caused in 12 counties that were just designated …
  The article Weather Damage to Nebraska’s Public Infrastructure Exceeds $13.5M appeared first on Insurance Journal.
  
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• New Mexico Court Rules Farm, Ranch Laborers Eligible for Workers’ Comp

  30-06-2015 18:24
  
  The New Mexico Court of Appeals has cleared the way for farm and ranch laborers to receive workers’ compensation benefits. In a ruling issued this week, the court declared unconstitutional a provision in state law that had excluded those workers …
  The article New Mexico Court Rules Farm, Ranch Laborers Eligible for Workers’ Comp appeared first on Insurance Journal.
  
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• Sammons Named Texas Group’s Young Agent of the Year

  30-06-2015 18:22
  
  The Independent Insurance Agents of Texas (IIAT) named Adam Sammons of MHBT in Dallas the André P. Juneau Young Agent of the Year at its annual conference and trade show in San Antonio. This award is given annually to a …
  The article Sammons Named Texas Group’s Young Agent of the Year appeared first on Insurance Journal.
  
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• Accelerant-Sniffing Dog Joins New Orleans Fire Dept.

  30-06-2015 18:18
  
  The New Orleans Fire Department is celebrating the arrival of a new four-legged recruit. “Dakota” is a Labrador retriever trained to sniff out accelerants used by arsonists. The department says in a weekend news release that the dog and its …
  The article Accelerant-Sniffing Dog Joins New Orleans Fire Dept. appeared first on Insurance Journal.
  
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• Parents Sue, Say Wisconsin Voucher School Abused Students

  30-06-2015 18:14
  
  Several parents are suing a private, military-style voucher school in Milwaukee, Wis., alleging their children were subjected to abuse and humiliating treatment when they attended a boot camp last fall. The students at Right Step Inc., which serves low-income children, …
  The article Parents Sue, Say Wisconsin Voucher School Abused Students appeared first on Insurance Journal.
  
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• Ninth Circuit Court Upholds California’s Workers’ Comp Liens

  30-06-2015 18:10
  
  The U.S. Ninth Circuit court on Monday upheld California’s fee requirement on workers’ compensation liens. The lien fees were a key part of Senate Bill 863, the workers’ comp reform bill passed in 2012. These liens are filed by medical …
  The article Ninth Circuit Court Upholds California’s Workers’ Comp Liens appeared first on Insurance Journal.
  
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• Ohio Senate Republicans, trial lawyers unite behind insurance law changes - cleveland.com

  30-06-2015 17:55 via cleveland.com
  
  cleveland.com
  Ohio Senate Republicans, trial lawyers unite behind insurance law changes
  cleveland.com
  Ohio Senate GOP leaders, with the support of Ohio's trial lawyers association, are supporting major changes to the state's insurance law. Business groups are pushing for Gov. John Kasich to veto the proposals. (Shari Lewis, Columbus Dispatch, File, 2008).and more »
  
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• Germanwings Offers Emotional Damage Payments to Crash Victims’ Families

  30-06-2015 17:34
  
  Germanwings is offering €25,000 ($27,833) compensation payments to close relatives of those killed in the March 24 plane crash for their pain and suffering, it said on Tuesday. Evidence shows co-pilot Andreas Lubitz locked the captain out of the cockpit …
  The article Germanwings Offers Emotional Damage Payments to Crash Victims’ Families appeared first on Insurance Journal.
  
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• Blog: Best Credit Cards For Travel Insurance - CBS Local

  30-06-2015 17:26 via philadelphia.cbslocal.com
  
  CBS Local
  Blog: Best Credit Cards For Travel Insurance
  CBS Local
  By Jim Donovan: With the summer travel season in full swing, CardHub today released its 2015 Travel Insurance Report, which examines the coverage that the most popular credit cards provide for things like trip interruptions, lost luggage and accidents.and more »
  
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• N.Y. officially bans fracking

  30-06-2015 17:18
  
  New York state has officially banned hydraulic fracturing.
  
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• Swett & Crawford Brasil Expands with Purchase of Shares in Local Broker

  30-06-2015 17:03
  
  Wholesale insurance broker Swett & Crawford Brasil, part of Cooper Gay Swett & Crawford (CGSC), the independent global wholesale, underwriting management and reinsurance broker, announced that it has purchased 51 percent of the shares of Casa do Corretor, a wholesale …
  The article Swett & Crawford Brasil Expands with Purchase of Shares inLocal Broker appeared first on Insurance Journal.
  
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• Indonesian military plane crashes, killing at least 113

  30-06-2015 16:52
  
  An aging Indonesian military plane packed with soldiers and their families crashed after takeoff in a densely-populated area of Sumatra’s biggest city, killing at least 113 in the latest air disaster to beset the Southeast Asian nation.
  
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• Insurance companies offering lower bills in exchange for smart home data - Boston.com

  30-06-2015 16:36 via boston.com
  
  Insurance Journal
  Insurance companies offering lower bills in exchange for smart home data
  Boston.com
  Liberty Mutual and American Family Insurance Co. have introduced a program that uses the data generated by smart home devices to offer consumers a discount on insurance. [[SLIDE]]. /Marcio Jose Sanchez/AP Photo ...
  Liberty Mutual Promotes Trish to Northeast Business Insurance PresidentInsurance Journalall 2 news articles »
  
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• Worldwide Facilities Hires 3 Brokers for New Connecticut Office

  30-06-2015 16:07
  
  Worldwide Facilities, a wholesale broker and managing general agent based in Los Angeles, hired three new brokers for its recently opened Hartford, Connecticut, office. Worldwide Facilities hired Suzanne Averill as senior associate broker in Hartford. Averill brings 32 years of …
  The article Worldwide Facilities Hires 3 Brokers for New Connecticut Office appeared first on Insurance Journal.
  
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• Summer months are the most dangerous for motorcycle riders [Infographic]

  30-06-2015 16:01
  
  June, July and August are when most motorcycle accidents happen. Are you properly covered?
  
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• Hey, drivers! Beware of lane-splitting motorcyclists

  30-06-2015 16:00
  
  Research shows driving between traffic is safer for motorcyclists.
  
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• PagerDuty backs its product with Downtime Insurance - BetaNews

  30-06-2015 15:56 via betanews.com
  
  PagerDuty backs its product with Downtime Insurance
  BetaNews
  The IT services industry revolves around service level agreements (SLAs) but they don't often provide adequate compensation for damage caused to business by an outage of providers' systems. Operations and performance management specialist ...and more »
  
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• Harrisburg man charged with insurance fraud, lied about fictitious bed and ... - PennLive.com

  30-06-2015 15:53 via pennlive.com
  
  PennLive.com
  Harrisburg man charged with insurance fraud, lied about fictitious bed and ...
  PennLive.com
  A Harrisburg area man collected more than $70,000 in fraudulent insurance claims, saying his home flooded to the point he had to stay in a hotel. An investigation into the claims, however, proved the hotel fictitious and the claims a scam. The ...
  
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• Liberty Mutual Promotes Trish to Northeast Business Insurance President

  30-06-2015 15:51
  
  Liberty Mutual Insurance has promoted Jamie Trish to president of its Northeast Business Insurance operations effective July 1. Trish will be responsible for the profitable growth of business in the region that includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, …
  The article Liberty Mutual Promotes Trish to Northeast Business Insurance President appeared first on Insurance Journal.
  
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• The 5 keys to managing risk in ‘The Age of Volatility’ [Slideshow]

  30-06-2015 15:50
  
  The world is becoming more volatile, and risk managers need to consider these interrelated risks.
  
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• Loyalty to Insurer Doesn’t Always Pay Off for Drivers

  30-06-2015 15:41
  
  When Jonathan G. Stein became unhappy with his long-time car insurance carrier earlier this year, the 41-year-old lawyer from Elk Grove, California switched to a new company. How was he rewarded for his disloyalty after nine years? With savings of …
  The article Loyalty to Insurer Doesn’t Always Pay Off for Drivers appeared first on Insurance Journal.
  
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• Jury Orders Wall St. Financier to Pay Ex-Employee $18M in Harassment Case

  30-06-2015 15:23
  
  A federal jury on Monday ordered the chief executive officer of a Manhattan investment firm to pay $18 million in damages to a former employee for sexual harassment and defamation. Benjamin Wey, who heads up New York Global Group, was …
  The article Jury Orders Wall St. Financier to Pay Ex-Employee $18M in Harassment Case appeared first on Insurance Journal.
  
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• Willis Group, Towers Watson agree to $18B merger

  30-06-2015 15:18
  
  Willis, the world’s third-largest insurance broker, and risk adviser Towers Watson agreed to an all-stock merger creating a firm with a combined market value of $18 billion.
  
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• MetLife Seeks Documents from Systemic Risk Panel

  30-06-2015 15:00
  
  MetLife asked a federal judge on Monday to force the U.S. government to hand over 500 pages of confidential records that relate to financial regulators’ decision to designate the insurance giant as systemically important. In a filing in U.S. District …
  The article MetLife Seeks Documents from Systemic Risk Panel appeared first on Insurance Journal.
  
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• GM Directors Off the Hook; Court Nixes Investors’ Lawsuit Over Ignition Switch

  30-06-2015 14:49
  
  General Motors Co. directors don’t have to face investors’ allegations that lax supervision allowed the company to make cars with faulty ignition systems blamed for more than 100 people their lives. GM’s board had adequate risk-assessment systems in place even …
  The article GM Directors Off the Hook; Court Nixes Investors’ Lawsuit Over Ignition Switch appeared first on Insurance Journal.
  
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• SimplyInsured, A Health Insurance Platform For Small Companies, Scores $5.9 ... - TechCrunch

  30-06-2015 13:58 via techcrunch.com
  
  TechCrunch
  SimplyInsured, A Health Insurance Platform For Small Companies, Scores $5.9 ...
  TechCrunch
  SimplyInsured, which helps small businesses compare and purchase employee health insurance plans, has closed a Series A of $5.9 million led by Polaris Partners, with participation from Bessemer Venture Partners, Altair.VC, Corazon Capital, and ...and more »
  
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• Two Uber Executives Detained by French Police Pending Investigation

  30-06-2015 11:32
  
  French police have detained two executives from Uber for questioning as a government clampdown intensifies on the U.S.-based taxi and ride-sharing service. Thibaud Simphal, manager of Uber France, and Pierre-Dimitri Gore-Coty, general manager for western Europe, were detained as part …
  The article Two Uber Executives Detained by French Police Pending Investigation appeared first on Insurance Journal.
  
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• Willis Group, Towers Watson Agree to $18 Billion Merger

  30-06-2015 11:22
  
  Willis Group Holdings Plc, the world’s third-largest insurance broker, and risk adviser Towers Watson & Co. agreed to an all-stock merger creating a firm with a combined market value of $18 billion. Towers Watson shareholders will receive 2.649 Willis shares …
  The article Willis Group, Towers Watson Agree to $18 Billion Merger appeared first on Insurance Journal.
  
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