Allianz, as the lead insurance underwriter for the Germanwings Airbus A320 plane that crashed in the French Alps, said that it is ready to support the budget airline owned by German airline Lufthansa. Read story »
Consumers who have high-deductible health plans are foot soldiers who’ve been drafted in the war against high health costs. But the government's strategy in the war could backfire
Northwestern Mutual, the nation’s second-largest life insurer, announced that it will acquire LearnVest, an online financial planning and technology firm.
Home insurance premiums are on the rise.
According to a January 2015 study conducted by the National Association of Insurance Commissioners (NAIC), the average homeowners insurance premium increased by 5.7% in ... Read →
For businesses – especially small and medium businesses – that have formed captive insurance companies the IRS has recently issued the tax equivalent of an air raid siren: placing captive ... Read →
The Hilb Group, based in Richmond, Va., has acquired West Coast Insurance in Tampa, Fla.
AmTrust Financial Services Inc. announced that it has entered into a definitive agreement to acquire ARI Mutual Insurance Company in Newtown, Pa.
NFP, the New York-based insurance broker and consultant, announced the change of its legal name from National Financial Partners Corp. to NFP Corp.
New York’s top financial watchdog warned insurers this week about charging higher prices to customers least likely to shop around, the latest state to raise questions about how the industry ... Read →
This tax season, for the first time since the Affordable Care Act was passed five years ago, consumers are facing its financial consequences. Whether they owe a penalty for not having health insurance or have to reconcile how much they got in premium tax credits against their incomes, many people have to contend with new tax forms and calculations. Experts say the worst may be yet to come.
The U.S. composite rate in 2015 for all commercial property and casualty lines across all states was up 1% in February as compared to flat in January 2015, according to MarketScout
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Federal authorities have charged 18 people in South Florida in a $125 million fraud scheme aimed at prominent private health insurance companies, according to the Tampa Tribune.
A New York insurance company executive who conspired with the former head of a large Jewish charity in a $9 insurance kickback scam has been sentenced to 18 months in jail. Read »