January 24, 2014
Three million people have enrolled in private health plans offered through Obamacare insurance exchanges, U.S. officials said. The tally reflects 800,000 new sign ups so far in January, adding to the 2.2 million who enrolled from Oct. 1 through December. …
January 24, 2014
Last year was a banner year as Vermont celebrated the 1000th new captive, but there were plenty of other notable accomplishments as 29 new captives were licensed, according to data released by the Vermont Captive Insurance Division. The new captives …
January 24, 2014
New technologies and a better understanding of flood risk may have increased private insurers’ interest in providing flood insurance but real obstacles remain to the private sector getting involved. The obstacles include political and consumer resistance to full cost-based pricing …
January 24, 2014
Top Republicans are saying they can no longer just be the party of “No” on Obamacare: They need to come up with an alternative healthcare policy. While many Americans are skeptical of President Barack Obama’s healthcare overhaul, they also tell …
January 24, 2014
North American regulators should phase out the type of rail car involved in last July’s deadly Lac-Megantic crash “sooner rather than later,” Canadian investigators said on Thursday, urging the United States and Canada to impose tougher standards swiftly. Canada’s Transportation …
January 24, 2014
Florida drivers are starting to see the benefits of a 2012 re-write of the state’s no-fault automobile insurance law as insurers have reduced their personal injury protection (PIP) rates by a statewide average 13.2 percent. Since PIP rates only account …
January 24, 2014
Wells Fargo & Co., the largest U.S. home lender, has agreed to sell more than 40 percent of its insurance brokerage locations to focus bricks-and-mortar operations on higher-growth regions and bigger clients. USI Insurance Services will purchase 42 of Wells …
January 24, 2014
Jardine Lloyd Thompson Group announced that its Asia business has acquired Hong Kong-based Lambert Brothers Holdings Limited (LBH). The bulletin noted that “LBH has been an independent insurance and employee benefits broker since leaving the Heath Lambert Group in 2007 …
January 24, 2014
Pacific Rim trading partners are working to resolve the last thorny issues in sealing an ambitious free trade pact and are likely to have further high-level talks next month, a senior U.S. trade official said on Wednesday. Acting Deputy U.S. …
January 24, 2014
Mississippi Insurance Commissioner Mike Chaney said he’d like to see security system sales people subject to background checks. The Picayune Item reported that Chaney told a local civic club this past week that the checks would prevent criminals from impersonating …