Insurance news

• Federal life insurance Open Season signals time to reevaluate health benefits - FederalNewsRadio.com

  29-08-2016 23:33 via federalnewsradio.com
  
  FederalNewsRadio.com
  Federal life insurance Open Season signals time to reevaluate health benefits
  FederalNewsRadio.com
  Halloween candy and even some Christmas lights are gracing store shelves as retailers prepare for the holidays, but this time of year, the Office of Personnel Management is gearing up for the 2016 Open Season — starting with a series of online ...
  
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• Turn to Insurers for Some Portfolio Insurance - TheStreet.com

  29-08-2016 23:29 via realmoney.thestreet.com
  
  TheStreet.com
  Turn to Insurers for Some Portfolio Insurance
  TheStreet.com
  We've heard about the dearth of hurricanes over the last 10 years, with no major hurricanes (category 3 or higher with winds above 110 mph) making landfall since 2005. Sure enough, it has been a calm season so far this year, even as interest rates are ...and more »
  
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• Editorial: A welcome law to protect consumers from insurance ... - STLtoday.com

  29-08-2016 23:01 via stltoday.com
  
  STLtoday.com
  Editorial: A welcome law to protect consumers from insurance ...
  STLtoday.com
  Insurance companies in Illinois and Missouri have, for years, been pocketing hundreds of millions of dollars from life insurance policies when beneficiaries don't ...
  New Illinois Law Makes Insurance Companies Find, Pay BeneficiariesInsurance Journal
  Half billion in life insurance benefits goes unpaid, Treasurer s - WSIL ...WSIL TV
  Governor Signs Life Insurance BillAlton Daily Newsall 7 news articles
  
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• Repair shop takes insurance money and closes - ABC15 Arizona

  29-08-2016 22:27 via abc15.com
  
  ABC15 Arizona
  Repair shop takes insurance money and closes
  ABC15 Arizona
  Copyright 2013 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. There is a history at this same location which raises questions. KNXV. Show Caption Hide Caption. Previous Next. Three ...
  
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• State Insurance Commissioners Name New Jersey's Hartt to ... - Insurance Journal

  29-08-2016 19:49 via insurancejournal.com
  
  State Insurance Commissioners Name New Jersey's Hartt to ...
  Insurance Journal
  The National Association of Insurance Commissioners (NAIC) has appointed Peter L. Hartt, director of New Jersey's Insurance Division, to a two-year term as.and more »
  
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• State Insurance Commissioners Name New Jersey’s Hartt to Financial Oversight Panel

  29-08-2016 19:49
  
  The National Association of Insurance Commissioners (NAIC) has appointed Peter L. Hartt, director of New Jersey’s Insurance Division, to a two-year term as the state insurance commissioner representative on the Financial Stability Oversight Council (FSOC). Hartt will represent the interests …
  
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• Individual life insurance premium up slightly for first half of 2016 - LifeHealthPro

  29-08-2016 19:12 via lifehealthpro.com
  
  LifeHealthPro
  Individual life insurance premium up slightly for first half of 2016
  LifeHealthPro
  And total number of individual life insurance policies sold in the second quarter increased 1 percent, marking the seventh consecutive quarter of positive growth. Individual life insurance new annualized premium increased 2 percent for the first half ...
  
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• Lockton Opens New Oregon Operation, Names McClave Producer

  29-08-2016 19:00
  
  Lockton Insurance Brokers has opened a new commercial insurance operation in Portland, Ore. Andrew McClave has been named producer the office. He has been advising clients on risk management and property/casualty insurance issues for a decade, including for the past …
  
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• ADM Settles Ponzi Scheme Suit by Missouri Farmers; Terms not Disclosed

  29-08-2016 18:30
  
  Agribusiness Archer Daniels Midland has settled a lawsuit over claims the company was behind a now-imprisoned grain broker’s scheme that gouged millions from dozens of Missouri farmers. The St. Louis Post-Dispatch reports that Thursday’s confidential settlement ended a civil trial …
  
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• Arkansas Judge: Hospital Can’t Be Blamed in Suit Over Woman’s Medical Records

  29-08-2016 18:28
  
  An Arkansas judge has ruled the hospital where a TV anchor died can’t be blamed for the wrongdoing of two former hospital workers who illegally looked at her medical records after she was hospitalized. The Arkansas Democrat-Gazette reports Pulaski County …
  
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• Analysis: Louisiana Will Need Congress to Help After Flooding

  29-08-2016 18:24
  
  Insurance payments and traditional federal aid programs won’t be enough to respond to the catastrophic flooding that ravaged tens of thousands of homes across south Louisiana, wrecking entire subdivisions and devastating entire cities. Louisiana, once again, will be asking Congress …
  
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• Court: Michigan Car Insurance Fund Public but Records Can Be Withheld

  29-08-2016 18:22
  
  A new court decision will keep the public’s eyes from records of an auto insurance fund. The Michigan appeals court says the state Catastrophic Claims Association is a public body, but lawmakers legally carved out an exemption from public records …
  
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• New Illinois Law Makes Insurance Companies Find, Pay Beneficiaries

  29-08-2016 18:12
  
  Illinois Gov. Bruce Rauner has signed legislation requiring insurance companies to locate beneficiaries of unclaimed life insurance policies and pay them money they’re owed. The Republican said Friday the state also is launching a website to help Illinois residents find …
  
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• Louisiana Flood Victims Eligible for State Sales Tax Refunds

  29-08-2016 18:10
  
  Louisiana residents in presidential declared disaster areas impacted by the March and August floods can file for a refund of state sales tax they paid on personal property destroyed by the floods, according to State Treasurer John Kennedy. “The state …
  
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• Truck Hauling Takata Air Bag Inflators to Texas Site Explodes; 1 Killed

  29-08-2016 18:02
  
  A truck transporting Takata Corp air bag inflators and propellants that are at the center of a global recall exploded in Texas earlier this month, resulting in one death and four injuries, the embattled auto parts supplier said. The truck …
  
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• Lawyers for Washington Landslide Victims Accuse State of Fraud

  29-08-2016 17:24
  
  Attorneys for victims and family members in the deadly 2014 landslide in Washington state have accused state lawyers of orchestrating a fraud to hide the truth by deleting emails between defense expert witnesses. In a motion filed Tuesday, the attorneys …
  
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• Family of Arizona Instructor Killed by Girl with Uzi Sues Gun Range

  29-08-2016 17:21
  
  The family of an Arizona shooting range instructor who was accidentally killed by a 9-year-old girl with an Uzi has sued the business, alleging it should not have allowed a child to use the high-powered weapon. The wrongful-death lawsuit seeks …
  
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• Court Sides with California-based Grocer Trader Joe’s in Knockoff Suit

  29-08-2016 17:17
  
  A U.S. court has the authority to hear a trademark lawsuit by grocery chain Trader Joe’s against a man who purchased the company’s products and resold them in Canada at “Pirate Joe’s,” a store designed to mimic a real Trader …
  
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• Typhoon Lionrock to hit Japan’s Tohoku, site of 2011 tsunami

  29-08-2016 17:00
  
  Typhoon Lionrock is projected to make landfall in Japan Tuesday and is likely to strike the northern Tohoku region, the area devastated by the March 2011 earthquake and tsunami
  
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• Navigators Appoints New Leadership for Claims Operations

  29-08-2016 16:30
  
  The Navigators Group Inc. has restructured its leadership team for its global claims organization. Glen Bronstein has been promoted to the newly created role of global chief claims officer. Bronstein joined Navigators to lead the U.S. claims organization in May …
  
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• Earth Gains Coastal Land Areas as Manmade Expansion Outpaces Sea Level Rise

  29-08-2016 16:14
  
  The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday. Expansion of ports off China, construction of luxury …
  
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• Earth Gains Coastal Land Areas as Man-Made Expansion Outpaces Sea Level Rise

  29-08-2016 16:14
  
  The Earth has gained coastal land equivalent to the size of Jamaica in the past 30 years with man-made construction outpacing erosion caused by rising sea levels, mapping data showed on Thursday [Aug. 25]. Expansion of ports off China, construction …
  
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• AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch - Insurance Journal

  29-08-2016 16:14 via insurancejournal.com
  
  Insurance Journal
  AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch
  Insurance Journal
  About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch. Fitch aggregated the.and more »
  
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• AIG, Chubb, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch

  29-08-2016 16:03
  
  About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch. Fitch aggregated the cybersecurity statutory supplement data for the U.S. property/casualty (P/C) insurance industry and analyzes the cyber insurance …
  
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• AIG, Chub, XL Lead in $1 Billion U.S. Cyber Insurance Market: Fitch

  29-08-2016 16:03
  
  About 120 U.S. insurance groups wrote an estimated $1 billion in cyber insurance direct written premiums in 2015, according to Fitch. Fitch aggregated the cybersecurity statutory supplement data for the U.S. property/casualty (P/C) insurance industry and analyzes the cyber insurance …
  
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• Integro Expands Reinsurance Presence in Latin America with HRL Alliance

  29-08-2016 15:39
  
  International broker and risk management firm Integro announced an agreement with HR Latinoamerica Ltda. Corredores de Reaseguros (HRL) to serve as HRL’s exclusive London wholesale reinsurance trading partner. The licensing agreement grants HRL Colombia use of the Integro name and …
  
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• Judge Grants Uber’s Request to Put New York Price Fixing, Arbitration Lawsuit on Hold

  29-08-2016 15:17
  
  A federal judge on Friday granted a request by Uber Technologies Inc. and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute. Calling his …
  
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• Education and the looming insurance industry talent gap

  29-08-2016 15:00
  
  How will your firm deal with the loss of experienced claims staff?
  
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• Even millennials need life insurance. Here are some reasons why - CNBC

  29-08-2016 14:36 via cnbc.com
  
  CNBC
  Even millennials need life insurance. Here are some reasons why
  CNBC
  Millennials have plenty on their plate as they save for retirement and pay down loans, but here's another concern: Do they have enough life insurance? It's no secret that 20- and 30-somethings are holding off on some of the traditional milestones that ...
  
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• CNA Hardy Builds Financial Institutions Team with Goodair & Bazell Appointments

  29-08-2016 14:29
  
  CNA Hardy, a London-based specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alec Goodair as UK financial institutions (FI) manager and Suzannah Bazell as FI underwriter. Reporting to John Taylor, head of …
  
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• CNA Hardy Builds Financial Institutions Offering with Goodair & Bazell Appointments

  29-08-2016 14:29
  
  CNA Hardy, a London-based specialist commercial insurance provider for clients within the Lloyd’s and company markets, announced the appointment of Alec Goodair as UK financial institutions (FI) manager and Suzannah Bazell as FI underwriter. Reporting to John Taylor, head of …
  
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• Woman Dies After Falling 35 Feet From Zip Line Ride at a Delaware State Park

  29-08-2016 14:27
  
  Delaware State Police say a woman who died after tumbling from a zip line ride fell from a platform about 35 feet off the ground. Authorities say 59-year-old Tina Werner of Felton was waiting to descend on the zip line …
  
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• What you need to know about drowsy-driving dangers

  29-08-2016 14:15
  
  Nearly 83.6 million sleep-deprived Americans are driving every day. And it’s taking a toll — an estimated 5,000 lives were lost in drowsy driving-related crashes in 2015.
  
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• Drowsy-driving dangers

  29-08-2016 14:15
  
  Nearly 83.6 million sleep-deprived Americans are driving every day. And it’s taking a toll — an estimated 5,000 lives were lost in drowsy driving-related crashes in 2015.
  
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• Would-Be Drone Pilots Flock to Take First U.S. Licensing Test

  29-08-2016 14:10
  
  Thousands of would-be drone pilots are racing to get licensed under new U.S. regulations that have opened an aerial stampede. More than 3,300 have signed up to take the test on Monday, the first day it’s available, and the U.S. …
  
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• Talking to prospects: sales call or cross examination?

  29-08-2016 13:30
  
  How to learn more about your prospect's needs without sounding like an interrogator.
  
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• Will proposed fiduciary rule make insurance agents vulnerable to lawsuits?

  29-08-2016 13:15
  
  Lawyers argue that the proposed DOL fiduciary rule improperly creates a private right of action that could set up class-action lawsuits against insurance companies and agents.
  
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• American Family Insurance Taps Derek Jeter and John Legend ... - AdAge.com

  29-08-2016 13:01 via adage.com
  
  AdAge.com
  American Family Insurance Taps Derek Jeter and John Legend ...
  AdAge.com
  Derek Jeter and John Legend continue American Family Insurance's 'Insure Carefully, Dream Fearlessly' campaign in work from BBDO, Elite Media.and more »
  
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• One insurance professional’s experience volunteering in the Dominican Republic

  29-08-2016 13:00
  
  Read about the way one insurance professional's experience volunteering in the Dominican Republic encouraged her to participate in her company's day of giving back in the U.S.
  
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• One insurance professional’s experience volunteering

  29-08-2016 13:00
  
  Read about the way one insurance professional's experience volunteering in the Dominican Republic encouraged her to participate in her company's day of giving back in the U.S.
  
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• What's the difference between term and whole life insurance ... - MarketWatch

  29-08-2016 11:57 via marketwatch.com
  
  MarketWatch
  What's the difference between term and whole life insurance ...
  MarketWatch
  Buying life insurance now helps protect your dependents later if you're not around to take care of them. After you're gone, your family can use the proceeds to ...and more »
  
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• Typhoon Lionrock Projected to Strike Near Tokyo

  29-08-2016 08:32
  
  Typhoon Lionrock is projected to make landfall in Japan in the next day or two and could strike near Tokyo, just a week after another tropical cyclone pummeled the Japanese capital with rain and winds. The large and “very strong” …
  
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• Typhoon Lionrock Expected to Hit Japan’s Tohoku Region, Site of 2011 Tsunami

  29-08-2016 08:32
  
  Typhoon Lionrock is projected to make landfall in Japan Tuesday and is likely to strike the northern Tohoku region, the area devastated by the March 2011 earthquake and tsunami. It would be the first tropical cyclone to make landfall in …
  
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• U.S. Proposes Requiring Speed Limit Devices on Trucks, Buses

  29-08-2016 07:30
  
  Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel. …
  
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• GM Is Winning Ignition-Switch Defect Trials

  29-08-2016 07:20
  
  General Motors Co.’s victory in a Houston courtroom Thursday makes the carmaker three for three in trials related to an ignition-switch defect, but its legal entanglements may stretch on for years. At least a dozen lawsuits are set for trial …
  
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• Long-term-care insurance policyholders face sharp premium hikes: 'When do these increases end? There is no ceiling' - Omaha World-Herald

  29-08-2016 07:18 via omaha.com
  
  Omaha World-Herald
  Long-term-care insurance policyholders face sharp premium hikes: 'When do these increases end? There is no ceiling'
  Omaha World-Herald
  Since 2013, the annual premium for Omahans Donna and Robert Olesh's long-term-care policy has risen from $2,970 to $8,140. Olesh. MATT DIXON/THE WORLD-HERALD. “We can afford it, but what about people who can't?” asked Donna Olesh. “When do ...and more »
  
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• USAIG Launches Safety Program for Unmanned Aircraft Systems

  29-08-2016 07:08
  
  United States Aircraft Insurance Group (USAIG) has introduced a safety program called Performance Vector Unmanned, created specifically for policyholders who insure unmanned aircraft systems. The new program aims to keep safety at the forefront, which is especially critical considering that UAS …
  
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• How One Big Bank Is Targeting Millennials by Mobilizing Car Buying, Financing

  29-08-2016 07:00
  
  Millennials, countless surveys will tell you, are not fans of big banks. They are smart, price-sensitive consumers who are far more likely than older customers to switch lenders if they find a better deal. They are also a huge, irresistible demographic …
  
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• Sinkhole 2 Lanes Wide Opens on Miami Turnpike

  29-08-2016 06:27
  
  A sinkhole two lanes wide has opened up on the southbound side of Florida’s Turnpike near Hard Rock Stadium in Miami-Dade. According to the Miami Herald the sinkhole has brought traffic to a standstill on the Turnpike, closing lanes and …
  
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• Country Fresh Vegetables Recalled from Southeast Stores

  29-08-2016 06:23
  
  Fresh-cut vegetables are being recalled from grocery, discount and convenience stores across the Southeast because the food may be contaminated with potentially fatal Listeria bacteria. Conroe, Texas-based Country Fresh Inc. said Friday that the recall involves its vegetable products shipped …
  
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