Insurance Companies (Amendment) Ordinance 2015 – new regulatory regime
The Insurance Companies (Amendment) Bill 2014 was passed by the Hong Kong Legislative Council on July 10 2015. The Insurance Companies (Amendment) Ordinance 2015 (to be renamed the 'Insurance Ordinance') provides for, among other things, the …
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State going after insurance companies not paying benefits to heirs
Pennsylvania is clamping down on life insurance companies not paying policy benefits to heirs soon after their relatives die. So far this year, $ 70.4 million has been recovered for nearly 4,300 Pennsylvanians, according to officials. The effort by the …
Read more on Bucks County Courier Times (subscription)
Updated: Hood begins inquiry into possible 'steering' practices by insurance …
Hood sent identical letters to 12 insurance companies on July 9, with a deadline to respond a week later. He said in the letter that if he did not receive a response by the deadline “I will assume your company is not interested in reaching an agreement …
Read more on Mississippi Business Journal
Trump on Obamacare: "Insurance Companies Are Making A Fortune Because They …
I have a big company with thousands and thousands of employees and if I'm negotiating in New York or New Jersey or California, I have like one bidder. Nobody can bid. You know why? The insurance companies are making a fortune because they have …
Read more on RealClearPolitics
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Donna Ross Joins SUNZ Insurance as In-House Counsel
Established in 2005, SUNZ Insurance Company (sunzinsurance.com) was founded specifically to provide workers' compensation solutions for Professional Employer Organizations, Staffing Companies and Large Companies. Our continued growth is …
Read more on Business Wire (press release)
Vt. insurance companies provide security from hackers
Vermont's premier specialty insurance companies look to provide financial security for the growing threat from tech insecurity. The Vermont Captive Insurance Association is in the midst of its annual conference in Burlington. Captives are companies …
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California Insurance Company Oversight Law Signed
“As the largest insurance market in the country, California is again leading the way in improving the regulation of insurance companies,” Jones said in a statement. “AB 553 includes an urgency clause so California can have these new consumer protection …
Read more on Insurance Journal
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Marital status can affect car-insurance rates
Your driving record seems a legitimate risk for insurers to consider when they price auto insurance. But your marital status? Yes, young men in red sports cars will pay more for coverage than everyone else, but it's hard to see how being widowed …
Read more on The Providence Journal
Still single? You're probably paying more for car insurance
“Statistics show that married drivers have fewer accidents than single drivers,” National General Insurance says on its website. “So, if you're married you'll probably pay lower auto insurance premiums. This particularly applies to younger drivers …
Read more on ConsumerAffairs
Consumer Wise: How to get a break on car insurance
We all want a good deal on car insurance, but a lot of us don't like to shop around. That's a mistake. Just ask Katie Trott. She shops her auto insurance rates every year and has seen the savings, because rates can vary so widely. “I've changed over …
Read more on Bay News 9
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