Insurance news

• Hospital Association Says Tennesseans Could Lose Insurance - U.S. News & World Report

  10-03-2017 23:12
  Hospital Association Says Tennesseans Could Lose Insurance
  U.S. News & World Report
  The Tennessee Hospital Association has come out against a new congressional health care proposal that would repeal and replace the Obama health care law, saying Tennesseans could lose health coverage if the measure passes into law. | March 10, 2017 ...and more »
  
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• Rensselaer County Legislature rebids county insurance - Albany Times Union

  10-03-2017 23:09
  
  Rensselaer County Legislature rebids county insurance
  Albany Times Union
  Rensselaer County expects to save $156,000 in insurance costs as a result of rebidding its insurance policy. The County Legislature will consider awarding a new contract to New York Municipal Insurance Reciprocal for $866,138, when it holds its March ...
  
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• Should AIG be on Buffett's shopping list? - Business Insurance

  10-03-2017 22:06
  Business Insurance
  Should AIG be on Buffett's shopping list?
  Business Insurance
  Berkshire Hathaway Inc. should buy American International Group Inc., analysts at Keefe, Bruyette & Woods Inc. said in a note Friday. While acknowledging that Berkshire Hathaway Chairman Warren Buffett “likes neither receiving stock tips nor turnaround ...and more »
  
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• Republicans Now Seem To Reject The Whole Concept Of Insurance - Huffington Post

  10-03-2017 22:04
  
  Huffington Post
  Republicans Now Seem To Reject The Whole Concept Of Insurance
  Huffington Post
  As the Affordable Care Act debate has dragged on over the years, Republican critics have sometimes questioned a basic principle of insurance ― the idea that people will pay into the system when they are not using it, so it's there for them when they are.
  In Rebuking Prenatal Coverage, Republicans Don't Understand How Health Insurance WorksRewireall 53 news articles »
  
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• In Kentucky, Medicaid recipients keep close eye on insurance debate - CNN

  10-03-2017 21:37
  
  CNN
  In Kentucky, Medicaid recipients keep close eye on insurance debate
  CNN
  (CNN) As Congress debates the future of Obamacare, hundreds of thousands of Kentuckians are waiting to find out how their health insurance could change -- or whether they can keep it at all. "When I got pregnant, I didn't have insurance," said Alondra ...and more »
  
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• Trumpcare Might Break the Insurance Market - Slate Magazine (blog)

  10-03-2017 19:54
  
  Slate Magazine (blog)
  Trumpcare Might Break the Insurance Market
  Slate Magazine (blog)
  Republican leaders have claimed that their new health care legislation will finally stabilize America's wobbly insurance markets, which under Obamacare have failed to settle down in many states. Unfortunately, there are strong reasons to worry that ...
  A Plan To Deal With Speaker Ryan's Lack Of Insurance KnowledgeForbes
  California insurance chief: 5 million in state could lose health coverage under 'Trumpcare
  
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• Severe weather disrupts U.S. economy in February

  10-03-2017 19:06
  
  Insurers face $1 billion toll from severe weather events in Australia and the U.S. through February.
  
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• Revenue protection insurance favors soybeans - Southeast Farm Press

  10-03-2017 19:00
  
  Southeast Farm Press
  Revenue protection insurance favors soybeans
  Southeast Farm Press
  The safety net for soybean revenue insurance provides more protection as compared to 2016, and that's good news for producers who are still weighing their options ahead of the March 15 deadline. Katie Pratt | Mar 10, 2017. The safety net for soybean ...
  
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• Paul Ryan's edict: CBO estimate showing millions losing insurance ... - Washington Post

  10-03-2017 19:00
  
  Washington Post
  Paul Ryan's edict: CBO estimate showing millions losing insurance ...
  Washington Post
  The GOP's ability to sell the American people on a lower insurance rate is vital. But it's hugely difficult.and more »
  
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• Young Insurance Agents: Tell Us What You Think - Insurance Journal

  10-03-2017 18:52
  
  Young Insurance Agents: Tell Us What You Think
  Insurance Journal
  Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year's Young Insurance Agents Opinion Survey. Tell us what you think about ...
  
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• Young Insurance Agents: Tell Us What You Think

  10-03-2017 18:52
  
  Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. Tell us what you …
  
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• Louisiana Republicans' Response to Health Insurance Plan Mostly Muted - Insurance Journal

  10-03-2017 18:50
  
  Quad City Times
  Louisiana Republicans' Response to Health Insurance Plan Mostly Muted
  Insurance Journal
  Louisiana's majority-Republican congressional delegation hasn't exactly embraced the GOP proposal to replace President Barack Obama's health care law, with most members instead offering a cautious, noncommittal response. Only Rep. Steve Scalise, the ...
  Editorial: Insurance overhaul would cost Iowa, IllinoisQuad City Times
  In major shift, White House privately backing earlier rollback of
  
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• Louisiana Republicans’ Response to Health Insurance Plan Mostly Muted

  10-03-2017 18:50
  
  Louisiana’s majority-Republican congressional delegation hasn’t exactly embraced the GOP proposal to replace President Barack Obama’s health care law, with most members instead offering a cautious, noncommittal response. Only Rep. Steve Scalise, the third-ranking House Republican and a member of the …
  
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• Texas Oil Services Company Sued for Race-Based Harassment, Retaliation

  10-03-2017 18:40
  
  A Texas-based manufacturer of equipment used in hydraulic fracturing (fracking) has been sued by the the U.S. Equal Employment Opportunity Commission (EEOC) over charges of racial harassment and retaliation. The EEOC says Downhole Technology violated federal law when it retaliated …
  
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• Ranchers in Midwest Assessing Damage After Wildfires

  10-03-2017 18:29
  
  Kansas rancher Greg Gardiner got into some of his scorched pastures for the first time on March 8 and surveyed what he likened to a battle zone: carcasses of dead cattle everywhere. “It’s pretty much a catastrophe,” Gardiner said as …
  
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• Jury Awards Missouri Woman $28.9M in Suit Against Health Provider

  10-03-2017 18:25
  
  A southwestern Missouri jury has ordered a health provider to pay roughly $29 million to a woman who argued that doctors’ failure to timely diagnose her rare disorder made her reliant on a feeding tube. The Springfield News-Leader reports that …
  
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• Woman Seeks $350M in Suit Over 2015 Texas Biker Shootout

  10-03-2017 18:24
  
  A Texas woman is asking for $350 million in damages after alleging in a federal lawsuit filed Wednesday that her civil rights were violated when she was wrongfully arrested in the wake of a deadly 2015 gun battle involving bikers …
  
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• Tallahassee-based insurance group expands - Tallahassee.com

  10-03-2017 17:53
  
  Tallahassee.com
  Tallahassee-based insurance group expands
  Tallahassee.com
  A Tallahassee insurance group is expanding to a three-story office building in the Bull Run Development off Thomasville Road. The group — Southern Fidelity Property & Casualty, Inc., Capitol Preferred Insurance Company, Inc. and Southern Fidelity ...
  
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• Paul Nehlen: Ryan's Obamacare Bill 'a Bailout for the Insurance ... - Breitbart News

  10-03-2017 17:36
  
  Breitbart News
  Paul Nehlen: Ryan's Obamacare Bill 'a Bailout for the Insurance ...
  Breitbart News
  Paul Nehlen, former Paul Ryan challenger, spoke with Breitbart News Daily Friday about Paul Ryan's Obamacare 2.0 and other issues.and more »
  
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• Big Snow Could Mean Big Flooding along Major Wyoming Rivers

  10-03-2017 17:33
  
  The heavy snowfall so far this winter in parts of central and western Wyoming has forecasters looking at potential spring flooding in some major watersheds that haven’t seen it in decades. National Weather Service hydrologist Jim Fahey in Riverton says …
  
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• Nation’s Toughest DUI Limit at 0.05 Percent Passed by Utah Lawmakers

  10-03-2017 17:31
  
  Utah could soon have the strictest DUI threshold in the nation after state lawmakers on Wednesday night voted to lower the limit for a driver’s blood-alcohol content to 0.05 percent, down from 0.08 percent. The measure heads to Utah’s governor, …
  
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• Uber Settlement with Drivers Ignites Battle Among Rival Lawyers

  10-03-2017 16:55
  
  Another Uber Technologies Inc. lawsuit settlement is under siege, with warring lawyers for drivers again trying to tear the deal apart. The company wants a Los Angeles judge to bless a proposal to pay 1.6 million California drivers about a …
  
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• China Set to Enact New Code on Civil Responsibilities, Rights

  10-03-2017 15:28
  
  China’s Communist leaders will this week introduce sweeping new laws that codify social responsibilities for the country’s 1.4 billion citizens while also providing some modest new protections. The preamble of what state media is calling China’s “declaration of rights” will …
  
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• House Committees Advance Republican Health Care Plan Despite Critics

  10-03-2017 15:08
  
  The Republican plan backed by President Donald Trump to overhaul the U.S. healthcare system cleared its first hurdles in Congress on Thursday, but its chances for passage looked uncertain and top Republicans scrambled to bring disgruntled conservatives aboard. In the …
  
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• Technology Is Ultimate Savior of Insurance Industry: Opinion - Insurance Journal

  10-03-2017 14:32
  
  Technology Is Ultimate Savior of Insurance Industry: Opinion
  Insurance Journal
  They've bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most tempting route to scale and cost-cutting ...and more »
  
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• Technology Is Ultimate Savior of Insurance Industry: Opinion

  10-03-2017 14:31
  
  Insurance companies are running out of ideas. They’ve bolstered their balance sheets since the financial crisis but have few racy growth prospects in a world of low interest rates, pricing pressure and regulatory hassles. Big mergers may be the most …
  
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• Luxembourg Successfully Woos UK Finance Firms Seeking Post-Brexit HQs

  10-03-2017 14:16
  
  Luxembourg is becoming a serious contender among nations bidding for business to come their way after the U.K.’s exit from the European Union, as insurers, asset managers and financial-technology companies are interested in setting up shop in the Grand Duchy. …
  
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• London Insurance Market Provides Brexit Negotiations' Wish-List - Insurance Journal

  10-03-2017 13:39
  
  London Insurance Market Provides Brexit Negotiations' Wish-List
  Insurance Journal
  A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients' access to the London insurance market, according to the London Market Group (LMG), an association representing London's re/insurance underwriters and brokers.and more »
  
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• London Insurance Market Provides Brexit Negotiations’ Wish-List  

  10-03-2017 13:39
  
  A Brexit trade deal needs to benefit both the UK and the EU – while protecting clients’ access to the London insurance market, according to the London Market Group (LMG), an association representing London’s re/insurance underwriters and brokers. The LMG …
  
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• Significant changes may be ahead for P&C insurance with Republican president and Congress

  10-03-2017 13:30
  
  Over the past several years, agents have achieved a series of legislative wins. What will we see with new political leadership in Washington, D.C.?
  
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• Significant Changes Ahead

  10-03-2017 13:30
  
  With a Republican president and the Republican majority in Congress prepares its proposals, a real chance exists for significant change. Here are a few that affect insurance.
  
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• 10 risks supermarkets face as the industry changes

  10-03-2017 13:00
  
  Stores that sell food, from giant supermarkets to convenience stores, need to be sure they’re keeping customers and staff safe while adding products and services.
  
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• New Hampshire House Adds Medical Pot Qualifiers, Backs Decriminalization

  10-03-2017 12:52
  
  The New Hampshire House voted overwhelmingly Wednesday in support of decriminalizing small amounts of marijuana and expanding access to medical marijuana for people suffering from chronic pain or post-traumatic stress disorder. The bills won support from more than 300 of …
  
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• Pennsylvania Airport Worker Loses Leg, Firm Ordered to Pay Workers’ Comp

  10-03-2017 12:49
  
  An appeals court says an aviation company was wrong to reject a workers’ compensation claim from a woman who lost her leg on the job. Starr Aviation had said Modesty Colquitt wasn’t entitled to compensation because she wasn’t working when …
  
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• House Balks at Senate Plan for Mississippi Oil Spill Damage Account

  10-03-2017 12:38
  
  Mississippi lawmakers may be unable to decide this year how to spend $750 million in oil spill damage payments, with sniping between House and Senate members after a bill died at a Tuesday deadline for action when the House Appropriations …
  
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• Bill Would Allow Use of Golf Carts to Deliver Packages in Kentucky

  10-03-2017 12:36
  
  Golf carts could become part of package-delivery fleets if a bill advancing in the Kentucky General Assembly becomes law. The measure won passage in the state House on a 61-36 vote after a long debate Wednesday. The proposal now goes …
  
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• Professional Insurance Agents of Connecticut Elects Distel as President - Insurance Journal

  10-03-2017 12:30
  
  Professional Insurance Agents of Connecticut Elects Distel as President
  Insurance Journal
  The Professional Insurance Agents of Connecticut Inc. (PIACT) elected Kenneth A. Distel of Avon, Conn., as president at the association's Annual Convention held in March at the Foxwoods Resort Casino in Mashantucket, Conn. PIACT is a trade association ...
  
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• Professional Insurance Agents of Connecticut Elects Distel as President

  10-03-2017 12:30
  
  The Professional Insurance Agents of Connecticut Inc. (PIACT) elected Kenneth A. Distel of Avon, Conn., as president at the association’s Annual Convention held in March at the Foxwoods Resort Casino in Mashantucket, Conn. PIACT is a trade association representing professional, …
  
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• Keenan & Associates Enters Agreement with Florida-Based AssuredPartners

  10-03-2017 12:11
  
  Keenan & Associates, a Torrance, Calif.-based insurance consulting and brokerage firm, has entered into an agreement to join Lake Mary, Fla.-based brokerage AssuredPartners Inc. Following the agreement, Keenan’s employees will continue operations under the current leadership of president and CEO …
  
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• D.C. law firm sues FEMA, alleging FOIA violations in connection with Superstorm Sandy claims review process

  10-03-2017 12:00
  
  More than four years later, FEMA's actions after Superstorm Sandy are still being challenged by property owners. The latest courtroom battle will be over FEMA's claims handling process and records disclosure.
  
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• Businesses salivate over Trump’s tax ideas, but will they happen?

  10-03-2017 12:00
  
  There’s been a lot of talk in Washington concerning ‘pro-business’ tax cuts, but what happens remains to be seen.
  
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• When worlds collide: Insurers and InsurTech

  10-03-2017 11:30
  
  Every industry will be transformed — or is already being transformed — by the real-time, connected world and its technology trappings. Insurance is no exception.
  
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• Budget 2017: 'Disarray' over National Insurance rises - BBC News

  10-03-2017 07:05
  
  BBC News
  Budget 2017: 'Disarray' over National Insurance rises
  BBC News
  Labour's shadow chancellor says the government is in disarray after Theresa May said Budget tax rises would not go before MPs until the autumn. John McDonnell called it a "partial U-turn" over National Insurance increases for self-employed workers.
  National insurance delay appeases Conservative rebelsThe Guardian
  Self-employed and worried about the National Insurance tax change? here's how it will affect youThe Sun
  Budget 2
  
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• Online 'flaming' insurance introduced in Japan - CNET - CNET

  10-03-2017 07:04
  
  CNET
  Online 'flaming' insurance introduced in Japan - CNET
  CNET
  An insurance company in Japan lets you protect yourself against the dark side of the internet.and more »
  
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• How AIG CEO Hancock Ended Up on Way Out

  10-03-2017 07:00
  
  Before he lost the confidence of big-name investors and his company’s board members, Peter Hancock squandered the faith of many of his staff. It was November 2015, after a disappointing quarter for American International Group Inc., and Hancock — then …
  
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• Employers Struggle to Manage Benefits Covering Specialty Drugs

  10-03-2017 07:00
  
  Twenty-seven percent of employers are offering their employees a high deductible plan with co-insurance as part of their specialty drug benefit, and although this strategy helps to lower insurance premiums, it can also result in members not being able to …
  
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• 70% of Employers Say Prescription Drug Abuse Affects Workplace

  10-03-2017 07:00
  
  More than 70 percent of United States employers are feeling the direct impact of prescription drug misuse in their workplaces, according to a survey from the National Safety Council. The survey, How the Prescription Drug Crisis Is Impacting American Employers, …
  
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• Agents reveal what they look for when evaluating commercial carriers

  10-03-2017 06:01
  
  What qualities or characteristics do producers look for in their carriers?
  
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• Insurance 101 For Paul Ryan: The Healthy Are Supposed To Help ... - Huffington Post

  10-03-2017 05:45
  
  Huffington Post
  Insurance 101 For Paul Ryan: The Healthy Are Supposed To Help ...
  Huffington Post
  Obamacare is in a "death spiral" because the insured are sharing the risk, explains congressman.and more »
  
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• Medicaid cuts are 'going to affect everyone,' insurance CEO says - PBS NewsHour

  10-03-2017 01:53
  
  PBS NewsHour
  Medicaid cuts are 'going to affect everyone,' insurance CEO says
  PBS NewsHour
  Dr. Mario Molina of Molina Healthcare, an insurance executive whose business is focused on Medicaid patients, is concerned about the way the Republican plan to replace the Affordable Care Act will not only affect patients on Medicaid, but cause major ...and more »
  
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