Insurance news

• Nebraska AG Warns of Florida-Based Insurance Scam - U.S. News & World Report

  10-07-2017 23:11
  Lincoln Journal Star
  Nebraska AG Warns of Florida-Based Insurance Scam
  U.S. News & World Report
  The Nebraska attorney general's office is warning the public about a Florida-based company that officials say is running an insurance scam. July 10, 2017, at 5:02 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Nebraska AG Warns of Florida-Based ...
  AG's office warns of health insurance scamLincoln Journal Starall 4 news articles »
  
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• Two Minute Money: Should you get insurance when you rent a car? - Yahoo Finance

  10-07-2017 23:06
  
  Yahoo Finance
  Two Minute Money: Should you get insurance when you rent a car?
  Yahoo Finance
  Welcome to Two Minute Money, Yahoo Finance's new personal finance series offering quick explanations for some of the most important questions involving your money. Road trip! You've mapped out your route and picked your stops along the way. The only ...and more »
  
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• Insurance Filings For Obamacare Plans Down 38 Percent In 2018 - The Daily Caller

  10-07-2017 22:29
  
  Insurance Filings For Obamacare Plans Down 38 Percent In 2018
  The Daily Caller
  The Centers for Medicare & Medicaid Services (CMS) announced Monday afternoon that only 141 Obamacare individual market qualified health plan insurers filed preliminary applications to offer plans on the state exchanges in 2018, a 38 percent drop from ...and more »
  
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• Most Insurance Won't Cover the Expensive Electronics in Your Checked Bags - Lifehacker

  10-07-2017 22:04
  
  Lifehacker
  Most Insurance Won't Cover the Expensive Electronics in Your Checked Bags
  Lifehacker
  With an electronics ban in place for most flights coming from the Middle East and North Africa, and the threat of a laptop ban hanging over our heads, there's a good chance you'll have to check your expensive electronics with your luggage on an ...
  
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• Senate's Schumer urges stabilizing health insurance market - Reuters

  10-07-2017 21:55
  
  Reuters
  Senate's Schumer urges stabilizing health insurance market
  Reuters
  REFILE - CORRECTING IDENTITY Senate Minority Leader Chuck Schumer speaks to the media about plans to repeal and replace Obamacare on Capitol Hill in Washington, U.S., June 27, 2017. REUTERS/Aaron P. Bernstein. WASHINGTON U.S. Senate ...
  Here's What To Do If You Have Depression And Lose Your Insurance Under The GOP BillElite Daily
  Schumer, Senate Dems Urge Action On Bills To Stabilize Insurance MarketsTPM
  Dems to McC
  
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• Does homeowners insurance cover fire damage? - ABC10

  10-07-2017 21:39
  
  ABC10
  Does homeowners insurance cover fire damage?
  ABC10
  Summer is usually the time for fire season and California has recently seen its fair share of it. In Butte County, firefighters are currently working on containing the Wall Fire while residents deal with evacuation orders, leaving homes unattended. A ...and more »
  
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• Is Donald Trump responsible for rising health insurance premiums, as Chris Murphy said? - PolitiFact

  10-07-2017 20:44
  
  PolitiFact
  Is Donald Trump responsible for rising health insurance premiums, as Chris Murphy said?
  PolitiFact
  Sen. Chris Murphy, D-Conn., criticized the Trump administration's attempts to weaken the Affordable Care Act in a Facebook video on June 26, 2017. Sen. Chris Murphy, D-Conn., blamed President Donald Trump for insurance rate hikes through the ...
  
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• When a small error on a check costs you everything - The Boston Globe

  10-07-2017 20:33
  
  The Boston Globe
  When a small error on a check costs you everything
  The Boston Globe
  The box on the check had the exact amount due written in: $3,399.91. It paid the annual premium on Madeleine Maldonado's long-term care insurance. If her health deteriorated, the insurance would kick in to cover thousands of dollars in monthly expenses ...and more »
  
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• CNN panelist: Health insurance should be priced like car insurance - Chron.com

  10-07-2017 20:06
  
  Chron.com
  CNN panelist: Health insurance should be priced like car insurance
  Chron.com
  Having a good driving record lets you pay less for auto insurance than someone who crashes into trees a lot. A leading conservative argued Monday that the same logic should work in health care. Stephen Moore, a visiting fellow and economist at the ...
  
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• Why should we reward insurance companies with stopgap plan? - DesMoinesRegister.com

  10-07-2017 19:38
  
  DesMoinesRegister.com
  Why should we reward insurance companies with stopgap plan?
  DesMoinesRegister.com
  On June 27, I received the letter I knew was coming. With resignation, I opened it to find a cheerful letter from my health insurance carrier, Aetna. I am touched to read that their executives value their customers and want to help me find options for ...
  
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• Insurity Names Giglio CEO to Succeed Founder Glazer, Who Becomes Chairman

  10-07-2017 19:11
  
  Hartford-based Insurity Inc., which sells core processing software and data integration products for insurance carriers, has appointed Jeffrey Glazer as executive chairman and Chris Giglio as chief executive officer, effective immediately. Glazer, a founder of the original firm that changed ownership …
  
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• New Mississippi Seat Belt Law Requires All Passengers to Buckle Up

  10-07-2017 18:56
  
  A new law in Mississippi requires everyone in a car, truck or SUV to buckle up. And, it will have the practical effect of banning people from riding in the beds of pickup trucks. Starting Saturday, Mississippi is joining the …
  
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• An All-Too-Common Misunderstanding of How Health Insurance Markets Work - Cato Institute (blog)

  10-07-2017 18:41
  
  An All-Too-Common Misunderstanding of How Health Insurance Markets Work
  Cato Institute (blog)
  I receive lots of daily health-policy newsletters. This morning, one of them exhibited an all-too-common misunderstanding and bias about how health-insurance markets work. The setting is the “Consumer Freedom Amendment” Sen. Ted Cruz (R-TX) has ...and more »
  
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• Aigang Network Rewrites Future of Smartphone Battery Insurance with Launch of Blockchain Protocol Demo App - CoinTelegraph

  10-07-2017 18:31
  CoinTelegraph
  Aigang Network Rewrites Future of Smartphone Battery Insurance with Launch of Blockchain Protocol Demo App
  CoinTelegraph
  This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions ...
  
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• Medicaid group pans key insurance provision of Senate GOP bill - The Hill

  10-07-2017 17:44
  
  The Hill
  Medicaid group pans key insurance provision of Senate GOP bill
  The Hill
  A provision in the Senate GOP's ObamaCare repeal bill that would penalize people for being uninsured wouldn't be enough to prevent a “death spiral” in the insurance marketplace, according to safety-net insurance plans. In a letter sent Monday to Senate ...and more »
  
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• 7 tips for success from 500 top financial professionals

  10-07-2017 17:26
  
  How to do everything better.
  
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• Riesch family leads R&R Insurance to 42 years of steady growth - BizTimes.com (Milwaukee)

  10-07-2017 17:08
  
  BizTimes.com (Milwaukee)
  Riesch family leads R&R Insurance to 42 years of steady growth
  BizTimes.com (Milwaukee)
  When Ken Riesch someday closes out his long career as owner and president of Waukesha-based insurance agency R&R Insurance Services Inc., he doesn't want anyone to notice. He would rather the business carry on and continue to grow steadily, just as ...
  
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• Texas Peach Crops Affected by Mild Winter

  10-07-2017 16:58
  
  Experts say the mild Texas winter hampered this year’s peach crop in parts of the state. The North Texas harvest appears to be bountiful, but growers in some other areas of the state faced challenges, the Fort Worth Star-Telegram reported. …
  
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• Louisiana Farmers Could be Helped by $10M Program for Flood Recovery

  10-07-2017 16:55
  
  Farmers and ranchers in 51 Louisiana parishes could be eligible for grants from a $10 million program aimed to help with recovery from last year’s flooding. Agriculture Commissioner Mike Strain’s office says the grants come from federal flood recovery dollars …
  
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• California Blazes Among Numerous Wildfires in Western U.S.

  10-07-2017 16:52
  
  Two major wildfires in California that have forced nearly 8,000 people out of their homes are among numerous fires in the Western U.S. that have barreled across the baking landscape, destroying property. About 4,000 people evacuated and another 7,400 were …
  
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• Insurance as protection against disasters - who's it meant to help? - Thomson Reuters Foundation

  10-07-2017 16:48
  
  Thomson Reuters Foundation
  Insurance as protection against disasters - who's it meant to help?
  Thomson Reuters Foundation
  ... * Any views expressed in this article are those of the author and not of Thomson Reuters Foundation. UK hopes new London Centre for Global Disaster Protection will cut poverty and create business opportunities. The British government's announcement ...and more »
  
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• Washington Worker Files Suit Following Poisonous Gas Injury

  10-07-2017 16:44
  
  A former worker at a Washington recycling facility injured after opening an unlabeled tank containing poisonous gas has filed a lawsuit. The Spokesman-Review reported in a story that Felix W. Shuck filed the lawsuit against Ibex Construction and its owner, …
  
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• Nevada Regulators Will Consider Emergency Pot Distribution Rules

  10-07-2017 16:42
  
  Nevada Gov. Brian Sandoval has authorized state regulators to consider emergency rules that would allow officials to determine whether the state has enough marijuana distributors to keep its retail shops supplied. The Nevada Department of Taxation announced regulators will consider …
  
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• M5.8 Quake That Struck Montana Strongest in over Half-Century

  10-07-2017 16:40
  
  The earthquake that hit Montana last week was the strongest in more than half a century, according to the experts. The quake sent bartenders jumping over bars, food falling off grocery store shelves and awakened residents and dogs more than …
  
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• Long Island Rail Road Riders Turn Complaints Over Delays into Lawsuit

  10-07-2017 15:24
  
  All aboard the lawsuit train. Even before this week’s start of a two-month track renovation project at New York’s Pennsylvania Station that’s expected to disrupt life for hundreds of thousands, some frustrated Long Island Rail Road riders filed a lawsuit …
  
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• Pennsylvania Doctor Surrenders to Authorities for Role in Insurance Fraud

  10-07-2017 15:12
  
  A Pennsylvania doctor has surrendered to federal authorities to spend up to seven years in prison for his part in an insurance fraud scheme involving a defunct drug laboratory. Fifty-five-year-old John Johnson, of Hollidaysburg, surrendered Friday after his conviction on …
  
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• Connecticut’s W.R. Berkley Corporation Sells Real Estate Investment

  10-07-2017 15:06
  
  W. R. Berkley Corporation has sold its real estate investment at 1101 New York Avenue NW in Washington, D.C. The company expects to report a realized pre-tax gain of approximately $120 million on the sale in the third quarter of 2017, …
  
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• In America’s Richest State, the Capital Flirts with Bankruptcy

  10-07-2017 15:02
  
  The hedge-fund enclave of Greenwich, on the Connecticut Gold Coast, is about 100 miles and a world away from the state capital. But the fiscal crisis in Hartford, the historic center of the American insurance industry, is fast becoming more …
  
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• 5 ways to boost Robotic Process Automation (RPA) adoption

  10-07-2017 14:45
  
  Current estimates suggest Robotic Process Automation will impact as many as 1 in 3 jobs worldwide. How can insurance professionals harness the power of RPA to realize value for their organizations?
  
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• American adults without health insurance rises by 2 million - CBS News

  10-07-2017 14:40
  
  CBS News
  American adults without health insurance rises by 2 million
  CBS News
  As Congress returns to continue a debate over Republican proposals to roll back much of the Affordable Care Act, there's some sign that coverage gains from the law are starting to erode. The number of U.S. adults without health insurance has grown by ...
  The number of people without health insurance is suddenly spikingMarkets Insider
  More People Losing Insurance Under Obamacare: 2 Million in Second Quarter of 2017Brei
  
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• MN's insurance relief costing much less than expected. But there's a cloud inside the silver lining - TwinCities.com-Pioneer Press

  10-07-2017 14:33
  
  TwinCities.com-Pioneer Press
  MN's insurance relief costing much less than expected. But there's a cloud inside the silver lining
  TwinCities.com-Pioneer Press
  Minnesota taxpayers are getting a happy surprise: an expensive new state program is coming in massively under budget. The program in question is a $310 million plan to give 25 percent rebates to eligible Minnesotans' health insurance premiums.and more »
  
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• Neon Names Novae’s Watson as Underwriter in Professional Indemnity Team

  10-07-2017 14:28
  
  Neon announced it has appointed of Matthew Watson as an underwriter in its professional indemnity team. Watson is based in London and reports to Antonio Bellanca, head of Professional Indemnity at Neon. He joins from Novae where he was senior …
  
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• China's Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources - Insurance Journal

  10-07-2017 14:12
  
  China's Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources
  Insurance Journal
  China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter said, a signal that the country's ongoing crackdown on irregular business practices in the financial industry may be set to ...and more »
  
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• China’s Graft-Buster Is Front Runner to Head Insurance Watchdog: Sources

  10-07-2017 14:12
  
  China is likely to name a senior Communist Party graft-buster to oversee the insurance sector, people familiar with the matter said, a signal that the country’s ongoing crackdown on irregular business practices in the financial industry may be set to …
  
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• Hiring an independent appraiser? Here's what to look for

  10-07-2017 14:00
  
  Insurers may choose to work with TPAs to reduce expenses and maximize resources
  
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• S&P Lowers Ratings of Allied World After Acquisition by Fairfax; Outlook Stable

  10-07-2017 13:51
  
  S&P Global Ratings lowered its long-term counterparty credit and senior debt ratings on Allied World Assurance Co. Holdings AG to ‘BBB-‘ from ‘BBB+’, following the completion of the company’s acquisition last week by Fairfax Financial Holdings. At the same time, S&P …
  
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• Individual Insurance Market Performance in Early 2017 - Kaiser Family Foundation

  10-07-2017 13:49
  
  Kaiser Family Foundation
  Individual Insurance Market Performance in Early 2017
  Kaiser Family Foundation
  Concerns about the stability of the individual insurance market under the Affordable Care Act (ACA) have been raised in the past year following exits of several insurers from the exchange markets, and again with renewed intensity in recent months as ...
  Obamacare's Basket Of Insurance Mandates Should Be The First Thing To GoThe Federalist
  No enrollment caps for plans in NY health insurance ex
  
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• June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon

  10-07-2017 13:15
  
  Floods and storms cost the global economy more than $5 billion in June, with most of those losses generated in the United States, according to an Aon catastrophe report. In the U.S., large hail, tornadoes, straight-line winds and isolated flash …
  
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• Blockchain For Insurance Debuted By India's Bajaj Allianz - CoinTelegraph

  10-07-2017 12:09
  CoinTelegraph
  Blockchain For Insurance Debuted By India's Bajaj Allianz
  CoinTelegraph
  A new Blockchain implementation for the insurance industry has hit India as Bajaj Allianz deploys two products aimed at travelers and motorists. As local news publication Business Line reported last week, Bajaj, which is part of the global Allianz ...
  
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• Grenfell Tower Insurer, Protector Forsikring, Raises Claims Estimate to $65M

  10-07-2017 12:04
  
  The insurer of London’s Grenfell Tower, where at least 80 people died in a devastating fire, raised its estimate for property and liability insurance claims to 50 million pounds ($65 million) on Friday [July 7]. British police have said the final death …
  
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• Lake Stevens insurance agency owner allegedly scammed state - The Daily Herald

  10-07-2017 11:01
  
  Insurance Business
  Lake Stevens insurance agency owner allegedly scammed state
  The Daily Herald
  LAKE STEVENS — A man who for years ran an insurance agency here is facing a felony theft charge after he allegedly collected more than $230,000 in state benefits based on claims he was too disabled to work. James C. Kooy, 53, had since 2008 been ...
  Insurance agent charged for his own workers' comp fraudInsurance Businessall 3 news articles »
  
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• Numbers are fine, but they only tell half the story

  10-07-2017 11:00
  
  If every picture tells a story, as Rod Stewart once sang, can numbers likewise tell a tale?
  
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• UK Aims to Build Market to Insure Developing Nations Against Natural Disasters

  10-07-2017 10:44
  
  The UK will attempt to build a market for insuring countries against natural disaster, with the goal of providing more stable funding for relief from famines and floods. Prime Minister Theresa May will announce the move at the Group of …
  
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• UK Aims to Build Market to Insure Developing Countries Against Nat Cats

  10-07-2017 10:44
  
  The UK will attempt to build a market for insuring countries against natural disaster, with the goal of providing more stable funding for relief from famines and floods. Prime Minister Theresa May will announce the move at the Group of …
  
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• Illinois County Sues Opioid Makers

  10-07-2017 07:50
  
  A southwest Illinois county is suing pharmaceutical companies, alleging the prescription painkiller epidemic is worse due to deceptive marketing. The Jersey County lawsuit was filed against the makers of opioids, including OxyContin, Dilaudid, Opana, Percocet and others, the Belleville News-Democrat …
  
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• Wisconsin’s Church Mutual: Outlook Upgraded; Sensor Technology Recognized

  10-07-2017 07:44
  
  Merrill, Wis.-based Church Mutual Insurance Co. and its subsidiaries CM Vantage Specialty Insurance Co. and CM Regent Insurance Co. have earned a “positive” outlook for long-term issuer credit rating by A.M. Best. A.M. Best upgraded the long-term issuer credit rating …
  
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• South Carolina Fire Station Faces Second Bedbug Outbreak

  10-07-2017 07:35
  
  The bedbugs are back at a South Carolina fire station one month after an outbreak at four stations. The Charleston Fire Department said in a news release last week that bedbugs have been found at one of the stations that …
  
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• Florida Police Rescind Determination of Fault in Venus Williams Crash

  10-07-2017 07:31
  
  Tennis star Venus Williams legally entered an intersection but was cut off by another car, setting off a chain of events that seconds later resulted in a fatal crash with a third car, police say video released Friday shows. The …
  
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• Linhart Joins J.M. Wilson as Transportation Underwriter

  10-07-2017 07:07
  
  Managing general agency and surplus lines insurance broker, J.M. Wilson, has hired Joni Linhart as transportation underwriter in their Carmel, Indiana, office. Linhart is responsible for quoting new and renewal transportation risks, and serving independent insurance agents in Indiana. She …
  
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• Deluges Follow Droughts as ‘Hydrological Extremes’ Become ‘New Normal’

  10-07-2017 07:00
  
  Texas struggled through its driest year in history in 2011. Four years later was its wettest ever. The Mississippi River rose to all-time-high flood levels in 2011. In 2012, its second-lowest. After a six-year drought that made agricultural irrigation a …
  
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