Insurance news

• Controversy Over Paterson Schools Eliminating Student Accident Insurance - NJTV News

  26-10-2016 23:55 via njtvonline.org
  
  NJTV News
  Controversy Over Paterson Schools Eliminating Student Accident Insurance
  NJTV News
  Khadijah Muhammad is one of two known parents in the Paterson school district who had to pay the entire hospital bill when their child got hurt playing sports this year. Muhammad's son — a senior cornerback and receiver at Eastside High School ...and more »
  
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• MU can keep offering health insurance to grad students, but still no permanent solution - Columbia Missourian

  26-10-2016 23:49 via columbiamissourian.com
  
  MU can keep offering health insurance to grad students, but still no permanent solution
  Columbia Missourian
  COLUMBIA — New federal guidelines for graduate student health insurance won't change much for graduate students at MU. Three federal departments said Friday that universities will be able to offer health insurance to students indefinitely. That's good ...and more »
  
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• Health-insurance premiums rise here in state, but not as high as elsewhere - The News Tribune

  26-10-2016 23:26 via thenewstribune.com
  
  KPQ
  Health-insurance premiums rise here in state, but not as high as elsewhere
  The News Tribune
  Premiums for individual health-insurance plans in Washington will rise by an average of 13.6 percent next year, though rates within the state health exchange are expected to jump about 8 percent for midlevel plans, far lower than national hikes of 25 ...
  State Health Insurance Rates IncreaseKPQ
  Health insurance rates are going up in WashingtonKGMI
  Forget ObamaCare: New York's Health Insurance news is
  
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• Speaker demands health insurance action or will ask Dayton to resign - Hastings Star Gazette

  26-10-2016 23:01 via hastingsstargazette.com
  
  Minneapolis Star Tribune
  Speaker demands health insurance action or will ask Dayton to resign
  Hastings Star Gazette
  ST. PAUL—Minnesota's top elected Republican says he will call for Democratic Gov. Mark Dayton's resignation if he does not put in enough effort to solve what is widely regarded as a health insurance crisis. House Speaker Kurt Daudt, R-Crown, said on ...
  DFL Gov. Mark Dayton, House GOP spar over health insurance, transportationMinneapolis Star Tribune
  Daudt: Dayton shoul
  
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• HealthSource RI refused to sell 2 low-cost insurance plans - WPRI 12 Eyewitness News

  26-10-2016 22:55 via wpri.com
  
  WPRI 12 Eyewitness News
  HealthSource RI refused to sell 2 low-cost insurance plans
  WPRI 12 Eyewitness News
  PROVIDENCE, R.I. (WPRI) – Health insurance premiums on Rhode Island's Obamacare marketplace will dip slightly next year, but they'd be going down even more if state regulators hadn't rejected two low-cost options Neighborhood Health Plan wanted to ...and more »
  
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• California Woman Considers Insurance Options After ACA Rates Rise - NPR

  26-10-2016 22:47 via npr.org
  
  California Woman Considers Insurance Options After ACA Rates Rise
  NPR
  The average price for health insurance policies under the Affordable Care Act will rise by 22 percent next year, though the costs to individual consumers will still vary. A California woman reacts to the new prices and considers her options. Facebook ...
  
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• Employer-Sponsored Insurance Enrollment Stable In 2014 - Health Affairs (blog)

  26-10-2016 22:05 via healthaffairs.org
  
  Health Affairs (blog)
  Employer-Sponsored Insurance Enrollment Stable In 2014
  Health Affairs (blog)
  Before the Affordable Care Act's coverage provisions took effect in 2014, policy makers were concerned that new regulations, options, and penalties could cause companies to stop offering health insurance to their employees. A new study, being released ...
  Government Health Insurance Up, Freedom DownCNSNews.com
  Health care costs rise slowly for those who get insurance at workSFGate
  Your employer's
  
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• PA Dept. of Insurance offers homeowners tips to avoid flooding scams - FOX43.com

  26-10-2016 21:20 via fox43.com
  
  FOX43.com
  PA Dept. of Insurance offers homeowners tips to avoid flooding scams
  FOX43.com
  Harrisburg, PA – Insurance Commissioner Teresa Miller today recommended steps homeowners whose property suffered damage in the recent flooding that hit several north central Pennsylvania counties can take to properly file claims with their insurers and ...and more »
  
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• Is America's Biggest Insurance Company Hedging Its Bets On Terrorism? - Daily Caller

  26-10-2016 21:20 via dailycaller.com
  
  TODAYonline
  Is America's Biggest Insurance Company Hedging Its Bets On Terrorism?
  Daily Caller
  One of the largest insurance brokers in the United States is raising the ceiling on property claims for acts of terrorism to $1 billion in response to client concerns, according to a release Wednesday. American International Group Inc. (AIG) previously ...
  AIG Expands Property Terrorism Insurance Capacity to $1 Billion; Establishes Global Terrorism Risk Engineering ...Business Wire (press release)all
  
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• Low unemployment insurance taxes will reportedly continue in 2017 in Maryland - WMDT

  26-10-2016 20:16 via wmdt.com
  
  Low unemployment insurance taxes will reportedly continue in 2017 in Maryland
  WMDT
  Governor Hogan announced on Wednesday that starting in the first quarter of 2017, employers in Maryland will keep on benefiting from the lowest possible unemployment insurance tax rates permitted under state law. The Maryland Department of Labor, ...and more »
  
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• Poughkeepsie resident, dentist found guilty of insurance scam - Poughkeepsie Journal

  26-10-2016 19:34 via poughkeepsiejournal.com
  
  Poughkeepsie Journal
  Poughkeepsie resident, dentist found guilty of insurance scam
  Poughkeepsie Journal
  Gilberto Nunez, the Poughkeepsie man and Kingston-based dentist previously convicted for felony fraud and accused of murder, was once again convicted in Ulster County Court Tuesday. Nunez, 49, was convicted of third-degree grand larceny, third-degree ...
  Verdict In Nunez Insurance Fraud CasePatch.com
  Kingston dentist guilty of insurance fraud - News - recordonline.com ...Times Herald-Rec
  
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• Johnston focuses on insurance taxes, regulations for city commission race - The Gleaner

  26-10-2016 19:28 via thegleaner.com
  
  The Gleaner
  Johnston focuses on insurance taxes, regulations for city commission race
  The Gleaner
  Over the past 2 years we have made great strides in creating the right atmosphere for job growth. We have a New Industrial Park, loosened regulations, updated city infrastructure, and worked towards a community that is ready to grow. Loading… Post to ...
  
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• South Carolina Extends Emergency Consumer Protections to 15 More Counties

  26-10-2016 19:00
  
  South Carolina Director of Insurance Ray Farmer has extended consumer protections provided under an emergency regulation order to 15 additional South Carolina counties with damage resulting from Hurricane Matthew. Farmer issued Emergency Regulation 69-78 to provide protections to insurance consumers …
  
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• Ex-Wife of Former Pitchman Jared Fogle Sues Subway

  26-10-2016 18:55
  
  The ex-wife of former Subway pitchman Jared Fogle filed a lawsuit in Indiana against the restaurant chain for damages, saying the company received at least three reports indicating his sexual interest in children but failed to take proper action and …
  
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• Confie Acquires Texas Auto Insurance Agency

  26-10-2016 18:45
  
  Confie, a national provider of personal and commercial lines insurance, has acquired Hulme Corp., dba Alamo Auto Insurance of East Texas. Founded in 2001 and based in Tyler, Texas, Alamo Auto focuses on providing non-standard auto insurance. California-based Confie has completed 17 …
  
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• AIG Increases Property Terrorism Capacity to $1B

  26-10-2016 18:43
  
  American International Group, Inc. (AIG) has raised its property terrorism insurance limits globally to $1 billion. The larger capacity is available to clients on a stand-alone basis or as expanded limits within AIG’s Large Limits property insurance offering, which provides …
  
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• Ironshore Expands Liability Coverages for Designers, Contractors

  26-10-2016 18:33
  
  Ironshore’s Construction Industry Vertical, in conjunction with Ironshore Specialty Casualty, has expanded its coverage for the designers and contractors sector with a new combination policy covering contractors professional liability, contractors pollution liability and pollution mitigation in a single product suite. …
  
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• South Carolina’s 2 Extremes: Part of State Recovers From Flood, Other Part in Drought

  26-10-2016 18:26
  
  As one part of South Carolina continues to recover from flooding caused by Hurricane Matthew, another area is suffering a drought. The Greenville News reports Upstate residents are being asked to conserve by limiting nonessential use of water, such as …
  
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• Michigan Doctor, a Former Lawmaker, Gets Probation for Insurance Fraud

  26-10-2016 18:26
  
  A Lansing, Mich.-area doctor who is a former state lawmaker has been placed on probation for making false statements to an insurer. Judge Robert Jonker on Oct. 24 gave a significant break to Paul DeWeese, whose clinic, NBO Medical, performed …
  
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• The real reason insurance companies want to give you free 'smart ... - MarketWatch

  26-10-2016 18:23 via marketwatch.com
  
  MarketWatch
  The real reason insurance companies want to give you free 'smart ...
  MarketWatch
  The door display of LG's smart refrigerator with Smart ThinQ technology. Insurance companies are subsidizing similar technology to encourage home monitoring ...and more »
  
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• The real reason insurance companies want to give you free 'smart' home devices - MarketWatch

  26-10-2016 18:23 via marketwatch.com
  
  MarketWatch
  The real reason insurance companies want to give you free 'smart' home devices
  MarketWatch
  The door display of LG's smart refrigerator with Smart ThinQ technology. Insurance companies are subsidizing similar technology to encourage home monitoring. By. KariPaul. Reporter. When your “smart” home is hacked, who is to blame — and importantly ...and more »
  
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• Fischer Named VP, Property/Casualty Service Leader at Hylant

  26-10-2016 18:23
  
  Ohio-based privately owned insurance brokerage firm, Hylant, has named Debbie Fischer to the newly created position of vice president, property/casualty service leader. Most recently, she was vice president, client services. In her new role, Fischer will support Hylant’s high-level service …
  
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• Couple Wanted in Louisiana Flood Contractor Fraud Scheme

  26-10-2016 18:18
  
  Tangipahoa Parish, Louisiana, sheriff’s deputies say a man and a woman with numerous aliases are wanted in a flood contractor scheme that has taken more than $35,000 from two victims already in the Ponchatoula and Robert areas. Sheriff’s Office spokeswoman …
  
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• USGS: 3rd Largest Oklahoma Quake Likely Caused by Wastewater Disposal

  26-10-2016 18:17
  
  The third-largest earthquake in Oklahoma was likely triggered by underground disposal of wastewater from oil and natural gas production, the U.S. Geological Survey found in a report issued on Oct. 24. The magnitude 5.1 quake that struck northwest of Fairview …
  
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• U.S. Homeowners Insurers’ Premiums Growing But Return on Equity Down: Aon

  26-10-2016 18:10
  
  The U.S. homeowners insurance market is on track for continued growth in direct premiums for 2016 despite a decreasing return on equity for insurers. U.S. homeowners premium is set to surpass $90 billion for the first time, according to an …
  
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• AIG quadruples limits for terror to $1 billion as fear rises

  26-10-2016 18:01
  
  American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.
  
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• Around the P&C insurance industry: Oct. 26, 2016

  26-10-2016 18:00
  
  News from CBIZ, Venbrook Group, Homeowners Choice Property & Casualty and more.
  
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• Pennsylvania Based NSM Insurance Group Makes First International Acquisition

  26-10-2016 17:45
  
  NSM Insurance Group, a Conshohocken, Penn., based insurance program administrator, has acquired Vantage Holdings, a U.K.-based collector car and outdoor leisure program administrator. The acquisition is subject to FCA approval. This move marks NSM Insurance Group’s first international acquisition and …
  
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• Why — and how — advisers should talk to clients about juvenile life insurance - Employee Benefit Adviser (registration)

  26-10-2016 17:34 via employeebenefitadviser.com
  
  Employee Benefit Adviser (registration)
  Why — and how — advisers should talk to clients about juvenile life insurance
  Employee Benefit Adviser (registration)
  You probably have no trouble talking to your clients about including life insurance in their employee benefits package. After major medical coverage, it's one of the most important building blocks in an employee's financial protection platform. And ...and more »
  
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• Teen Traffic Deaths Continue to Rise in Utah

  26-10-2016 17:11
  
  More Utah teens have died in car crashes during the first nine months of this year than in all of 2015, according to new state data. A total of 26 teenagers have died on Utah roads so far in 2016, …
  
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• Ransomware Attacks Are Soaring, Says Beazley in Data Breach Report

  26-10-2016 16:32
  
  Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report is …
  
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• Chubb CEO Greenberg Reports ‘Excellent’ Q3 Results

  26-10-2016 16:09
  
  The world’s largest publicly traded property/casualty insurance company, Chubb Limited, reported net income for the quarter ended Sept. 30, 2016 of $1.36 billion, or $2.88 per share, compared with $528 million, or $1.62 per share, for the same quarter last …
  
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• 5 Insurance Stocks to Sell Now - Investorplace.com

  26-10-2016 15:55 via investorplace.com
  
  5 Insurance Stocks to Sell Now
  Investorplace.com
  This week, the ratings of 5 Insurance stocks on Portfolio Grader are down. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”). This week, Travelers Companies, Inc. (TRV) drops from a B to a D rating. Travelers Companies, Inc. provides ...and more »
  
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• Foresters Say New Hampshire Drought Has Increased Threat of Wildfires

  26-10-2016 15:34
  
  Drought conditions are making it harder to fight wildfires and New Hampshire residents should be vigilant about the increased threat, state forestry and fire officials say. Conditions range from abnormally dry to extreme drought in southern New Hampshire, making this …
  
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• Pennsylvania’s Henderson Brothers Hires Quealy

  26-10-2016 15:27
  
  Henderson Brothers Inc., a Pittsburgh, Penn., based independent broker in the insurance, employee benefits and financial services industries, has hired Thomas Quealy as a consultative associate in its consultative department. In this role, Quealy will be responsible for providing compliance …
  
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• EU Floats Uniform Tax Rules for Multinationals to Stem Tax Avoidance

  26-10-2016 15:23
  
  Multinational companies would have to calculate their tax liabilities according to one set of rules across the European Union under proposals on Tuesday aimed at stopping them shifting profits to avoid taxes. To close the loopholes offered by different national …
  
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• UK Employers Downbeat About Economy, Hiring After Brexit Vote: Poll

  26-10-2016 15:18
  
  The number of British firms that are confident about the economy halved after the Brexit vote, with larger firms and those in regions which voted to stay in the EU more downbeat than those in areas that backed Leave, a …
  
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• Hub Northeast Hires McNulty to New Jersey Office

  26-10-2016 15:18
  
  Global insurance brokerage Hub International Northeast Limited (Hub Northeast) has hired Timothy McNulty as an assistant vice president in its employee benefits division. In this role, McNulty will be based in the firm’s Summit, N.J., office and will be responsible …
  
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• U.S. Judge Approves $14.7 Billion Settlement for VW Diesel Car Owners

  26-10-2016 15:10
  
  A U.S. judge on Tuesday approved one of the biggest corporate settlements on record, Volkswagen AG’s $14.7 billion deal arising from its diesel emissions cheating scandal, and the German automaker said it would begin buying back polluting cars in mid-November. …
  
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• New York to Hold Off Enforcing Airbnb Sublet Restrictions

  26-10-2016 15:07
  
  The city and state of New York said Monday they would hold off enforcing a new law restricting short-term apartment sublets against Airbnb Inc. until the company’s lawsuit over the issue is resolved. That was a reversal from earlier indications …
  
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• Failing heat exchangers is a problem for aging HVAC systems

  26-10-2016 15:00
  
  Years of heating and cooling leads to the coils suffering from thermal fatigue, which causes them to crack.
  
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• Facebook, Google Amassing of ‘Faceprints’ Facing Legal Challenges

  26-10-2016 14:53
  
  Facebook Inc.’s software knows your face almost as well as your mother does. And like mom, it isn’t asking your permission to do what it wants with old photos. While millions of internet users embrace the tagging of family and …
  
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• Casserley to Leave Willis Towers Watson

  26-10-2016 14:31
  
  Dominic Casserley, president and deputy CEO of Willis Towers Watson, will leave the company when his employment agreement ends on Dec. 31, 2016, the global advisory and broking company confirmed on Tuesday. Casserley took his present position in January 2016 …
  
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• Average Monthly Healthcare.gov Premium Tops $300; 85% Eligible for Subsidies

  26-10-2016 14:18
  
  The average premium for benchmark 2017 Obamacare insurance plans sold on Healthcare.gov rose 25 percent compared with 2016, the U.S. government said on Monday, the biggest increase since the insurance first went on sale in 2013 for the following year. …
  
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• 1.8 Million Western U.S. Homes at Extreme or High Wildfire Risk, Report Shows

  26-10-2016 14:15
  
  Things haven’t gone as bad as they could have so far in 2016 coming off last year’s record-setting wildfire season in the Western U.S., according to a report out today detailing wildfire risks to properties in the Western U.S. The author of …
  
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• To attract students, colleges offering loan debt insurance

  26-10-2016 13:00
  
  The program will pay the monthly minimum on loans for students from those schools who can’t find jobs after they graduate, or who have to take jobs with salaries below a certain threshold.
  
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• 20 home insurance companies ranked highest for customer satisfaction

  26-10-2016 13:00
  
  The J.D. Power 2016 U.S. Home Insurance Study provides a comprehensive look at customer satisfaction with homeowners' insurance coverage. One company ranks highest for the 15th consecutive year.
  
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• Lloyds Profit Weighed Down in 3rd Quarter by Insurance Provision - New York Times

  26-10-2016 12:12 via nytimes.com
  New York Times
  Lloyds Profit Weighed Down in 3rd Quarter by Insurance Provision
  New York Times
  LONDON — British banks continue to pay a heavy price for a contentious product they sold to millions of consumers, years after the practice ceased. On Wednesday, the Lloyds Banking Group became the latest firm to take another hefty provision — this ...and more »
  
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• Tackling the opioid epidemic

  26-10-2016 12:00
  
  Reducing dependency on opioids requires changing treatment options and tracking usage.
  
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• How driving habits are changing the auto insurance industry

  26-10-2016 12:00
  
  The way people drive has led to new insurance models, more coverage options and greater integration of technology.
  
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