Improvements sought for health insurance law

While the future of the 2010 health care law stabilised with the re-election of President Obama, both Democrats and Republicans say now is the time for them to come together to fix it.

Lancashire Q3 and 9M profits on the rise

Lancashire Holdings Limited has reported its financial results for the third quarter and first nine months of 2012. Quarterly return on equity rose from 3.6% to 5.7%, with 9M return on equity up from 10.4% in the corresponding period last year to 13.2%.

Lloyd’s will fight against cyber crime!

“European companies must act now to protect themselves against the growing threat of cyber crime.”
The warning comes from Lloyd’s, which claims that most firms don’t understand the cyber risks they are facing.

Incumbent Washington Insurance Commissioner re-elected for a fourth term

Incumbent Washington Insurance Commissioner Mike Kreidler won 57.7 percent of the vote in his re-election bid for state insurance commissioner, giving him bragging rights as the U.S.’s longest currently serving insurance commissioner.

Tips safety during with Bonfire Night

This evening millions of people around the UK will gather on village greens or a local field to watch firework displays and warm themselves up around a bonfire, all in memory of Guy Fawkes.

Incredibly, but if to leave off smoking you will not only remedy the health but also able to pay the most expensive insurance of the life!

Recently, Eric Smith, the founder of YourLifeSolution.com created a simple analysis that shows how much life insurance costs and used cigarettes as the comparison.

Named Lloyd’s Deputy Chairman

Lloyd’s has appointed Andy Haste as senior independent deputy chairman on the Council of Lloyd’s. Haste, whose three-year term starts on Nov.1, has more than

L&G appoints head of treasury & investments

Legal & General (L&G) has appointed Paul Stanworth as head of group treasury and investments, reporting to group chief executive officer, Nigel Wilson.

The National Employment Savings Trust is consulting on proposed changes in pension legislation

NEST (The National Employment Savings Trust) is consulting on proposed changes to its scheme rules,

To improve the profitability of insurance companies, Guy Carpenter launches a ProfitPoint+

Guy Carpenter has launched ProfitPoint+, an integrated portfolio management solution designed to help insurance companies improve profitability, enhance underwriting performance and drive growth.

Lawsuit Against Auto Club Alleges Unfair Use of Coverage History

A class-action lawsuit brought against Auto Club of Southern California by one of its former agents alleges that the insurer engaged in practices meant to dodge state regulations barring insurers from using prior coverage history to help determine the price of a policy or whether a driver is insurable.

Pension Insurance Corporation and Luxembourg-based Reinet agreed that Fund will invest up to £400 million in the business.

Pension Insurance Corporation (PIC), which provides insurance solutions for defined benefit pension funds, has completed a transaction whereby Luxembourg-based Reinet Fund will invest up to £400 million in the business.

Homeowners can save substantial amounts of money by finding the best energy supplier!

The winter season is when the real worth of heating systems is evident, warming up millions of households as the temperatures drop dramatically outside.

From 2006 to 2011, direct earned premiums for lender-placed insurance more than tripled

BORROWERS who allow their homeowners’ insurance to lapse will often get stuck with a bill for much more expensive coverage, courtesy of their lenders.

The new guidance from of Aon Benfield

Aon Benfield has launched the “CRO Guide to Solvency II”, a new report aimed at helping chief risk officers (CROs) maintain a competitive position and boost financial strength while meeting regulatory compliance.

Independent Insurance Agencies said the number of independent agencies has grown

Insurance Navy, a leading independent insurance agency in Chicago and Northwest Indiana areas said that findings of recent studies showing that the number of independent agencies has grown to 38,500 in 2010, up from 37,500 in 2006 come as no surprise.

Munich Re: Climate change leads to a redistribution of insurance claims

A new study from Munich Re shows that North America has been most affected by weather-related extreme events in recent decades – the continent being exposed to every type of hazardous weather peril, partly because there is no mountain range running east to west to separate hot from cold air.

HealthCompare developed a program Health insurance options people to Quit drinking alcohol and smoking tobacco

The nationally recognized health insurance comparison site, HealthCompare, understands quitting smoking is hard enough, even for the healthy. But for those that suffer a second addiction with alcohol, it’s almost impossible.

Now the homegrown insurer wants to grow a little more.

Florida Peninsula Insurance Co. decided 2005 was a good time to get into the property insurance market when others were getting out. Months after the Palm Beach County-based carrier entered the market, Hurricane Wilma hit. "You could question our timing," said CEO Roger Desjadon, "but we're experienced and road-tested."

Reforms in the insurance test positive on Rates

The effect of no-fault coverage reform is taking shape as the Florida Office of Insurance Regulation (FLOIR) released more data this week from the rate filings of large-scale insurers, which are supposed to reflect cost savings from the provisions of the reform law.