Car Insurance Roundup, July 27, 2016


Would you drive less if it lowered your car insurance?

When gasoline price go up, consumers tend to drive less. It just makes economic sense. 


Your Driving Habits can Affect your Car Insurance Rates | Auto Credit Express Blog

Having auto insurance is a must, and the rates you pay for it are based on several different factors, including your driving habits. 


Best car insurance companies 2016 | Auto Express

If you own and drive a vehicle, you need motor insurance; it really is that simple. Yet even though many of us spend hours researching the very best model to suit our needs, few put the same time into finding the right cover. 


Driverless Cars Threaten to Crash Insurers’ Earnings – WSJ

Car insurers last year hauled in $200 billion of premiums, about a third of all premiums collected by the property-casualty industry. But as much as 80% of the intake could evaporate in coming decades, say some consultants, assuming crucial breakthroughs in driverless technology make driving safer and propel big changes in car ownership. 


Get No Down Payment Car Insurance In Alabama | PR Carbon

Would not you want an no down payment car insurance in Alabama which offers many discounts? Do you need an auto insurance company in Alabama that may be motivated to offer premium quality insurance at an affordable price? 


Make sure car in tip-top shape before a trip (sponsored content) | Boston Herald

Q: What should people consider before taking a trip this summer? 


‘Immoral’ Detroit Car Policy Rates ‘Should Be Illegal,’ Posts Author Anna Clark  –  Deadline Detroit

I am about to move from Detroit to Ann Arbor for one year. My AAA car insurance premium will drop from $203.61 per month to $72.92 per month. 


Consumer Wise: What to do after a car accident

Dealing with a car accident can be overwhelming, so it’s so important to be prepared in advance to make sure you’re treated fairly by the insurance companies. 


Underwriting practices vary across insurance companies – Livemint

Insurers will take a sign-off on the pre-issuance inspection report and clearly state that the pre-existing damage is excluded from insurance. 


How Auto Insurers Detect and Use Your Driving ‘Fingerprint’

You may not know it, but the way you drive is unique–sort of like a fingerprint. How fast you drive, how tight you turn, and how long you idle in the driveway before hitting the road all help to identify you from others on the road. 


SmartMoney Monday: Long-term care insurance – Hawaii News Now – KGMB and KHNL

It’s SmartMoney Monday, and we’re wrapping up our series on long-term care insurance. If you’ve missed last week’s segment, you can get caught up on our website. Today, I’m here with Chris Otto, from Bankoh Investment Services, Inc., a non-bank subsidiary of Bank of Hawaii, talking about how to pay for long-term care insurance. 


Rental car services draw increasing complaints – The Japan News

Users are increasingly complaining about rental car service companies, including people who say they had to pay for repair costs they were not responsible for or suddenly experienced a tire blowing out when they were driving. 


Insurance premiums will continue to soar if ‘excessive’ injury claims not tackled | Irish Examiner

Consumers face higher insurance prices if “excessive” personal injury payouts — sometimes three times higher than those in England and Wales for similar injuries — are not tackled, a business group has warned. 


Expanded Uber insurance is good news, but still not perfect | Driving

Uber may have been a breech birth – all feet first, head last – but it is most definitely moving mainstream and finally bending to all those silly laws it was so intent on breaking. 



Driving slower not always cheaper (From Herald Scotland)

The car insurance advice you report suggested that driving fewer miles will reduce the chance of making a claim (“Motorists are hit by serious hike in cost of car insurance”, The Herald, July 23), but reduced mileage is not the whole story. 


Don’t fall for the car insurance “loyalty discount”

Having written in the personal finance space for some time now, I’m all too familiar with the car insurance auto-renewal ripoff, where your insurer hikes up the price of your premium each year. 


Auto insurer wants to hike rates on older drivers – CBS News

Downeasters have a bone to pick with Flo, the perky Progressive insurance spokeswoman. The car insurer wants to raise rates for certain Maine residents just because they got older. 


Insurance premium for Qatar’s ‘risky’ drivers set to increase – Transport – ArabianBusiness.com

Car insurance firms in Qatar have been permitted for the first time to charge a higher premium for “risky drivers”, it was reported on Sunday. 


Angry Leeds makes parking rage top ten – Yorkshire Evening Post

The city is listed at number seven in the worst places for parking rage in a poll by Privilege car insurance. 


The ‘tampon tax’ is not a marginal issue – it’s the force of structural sexism at work | Gabrielle Jackson | Opinion | The Guardian

I’m sick of conversations about the tax on tampons being shut down by claims that there are more important issues to worry about. Of course there are. 


Animals cause £500,000 of damage to cars | Plymouth Herald

The over 50s are keen motorists but it appears animals are disrupting their daily journeys as they caused more than £500,000 worth of damage to people’s vehicles last year, according to data from the last 12 months. 


Thunderstorm topples trees, crushes cars in Newington – Central Connecticut Communications: New Britain Herald

Residents dealt with the aftermath of Friday night’s thunderstorm right through the weekend, assessing damage to cars, homes and streets. 


Free Car Insurance Quotes Are Now Available Online on a Single Website!

Car owners can always benefit from comparing online auto insurance quotes. They will be able to find low cost policies in their areas and enjoy better financial protection. 


How car insurance companies spy on your mileage | Fusion

Your car insurance company may have a surprising way to spy on your odometer. 


Car insurance firms blame fraud for rise in premiums – July – 2016 – Which? News

Fraudulent personal injury claims have been cited as a key factor behind the rising cost of car insurance.


Qualifying for lower car insurance

All-Risks Insurance Brokers Ltd. in Waterloo offers competitive rates for car owners and can help you to reduce your premiums with some practical tips. 


Car insurance ‘to rise 38pc next year’ – Independent.ie

Car insurance companies are clawing back huge profits with massive premium increases and unless the government takes action drivers face hikes of 38pc next year, an expert has warned. 


Study: Black Car Owners Pay More For Auto Insurance Than Whites | Black Matters

A new report published by 4AutoInsuranceQuote.com shows that Black Americans pay hundreds of dollars more for car insurance than whites. 


Things You Most Likely Do Not Know About Car Insurance – The Global Dispatch

Nowadays, insurance is necessary for individuals from all around the world. It is really important that we safeguard our most prized possessions and that we make good choices that will have a positive impact in the future. 


Woman refused insurance because of rude Cock Inn pub name – Suffolk Free Press

The landlady of an award-winning pub was refused car insurance – because the traditional boozer is called ‘The Cock Inn’. 


Maine lawmaker aims to block attempt to raise car insurance rates for older drivers – The Portland Press Herald / Maine Sunday Telegram

The House chairman of the Legislature’s Insurance and Financial Services Committee said Tuesday that he will try to block any effort by Progressive Corp. to raise car insurance premiums for seniors in Maine based solely on their age. 


Vehicle insurance fraud reaches P1b annually – The Standard

The Philippine Insurers and Reinsurers Association said the industry was losing millions to motor car insurance fraud committed by individuals or organized groups. 


Car insurance cos come to Bhopal residents’ rescue, initiate claims

Since the last few days, monsoon has been relentless in Bhopal causing floods and major havoc in the city, electricity is also snapped off at large parts of the city. There have been instances of huge damages caused to houses, cars and other establishments. 


Go Online For Finding The Best Car Insurance No Credit Check Policy Within Few Minutes | PR Carbon

These days it is possible to locate companies which offer car insurance that does not check credit buyers and the right place to find them is the internet. 


Hollard updates its travel insurance policy

Hollard customers will no longer have to first gain authorisation for certain medical emergencies while travelling. 


Britons cop more than 600 MILLION personal-injury related cold calls in ONE YEAR | Daily Mail Online

Britons received more than 600 million personal-injury related cold calls. A further 117 million nuisance texts were also sent during last year. The total communication effort equals 2 million cold calls and texts a day. 


Letters: A Brexit deal can mean maximum free trade and no freedom of movement

Sir, In your report on the worldwide hunt for trade negotiators, you quoted Pascal Lamy, the former World Trade Organisation chief, saying: “You’ve got people on the Brexit side, protectionists who want to protect from Chinese dumping.” 


European Equities Advance as British Employment Rate Rises, Health Care Stocks Gain – NASDAQ.com

European stocks were higher on Wednesday morning as fresh data showed that Britain’s employment rate was at its highest level in 45 years, standard employment gained in Germany and health care stocks climbed across the board. 


Brexit: how could it affect the classic car industry? | Classic and Performance Car

Brexit. A term coined to describe the the United Kingdom’s decision to sever ties with the European Union, making a go of it alone. Beating the odds and predictions, 17.4million UK people voted ‘Leave’, against the 16.1million ‘Remain’ voters, meaning that the public has spoken. 


Charleston Gazette-Mail | Uber starts offering rides in WV

Charleston and Morgantown residents can begin taking advantage of on demand transportation today, following Uber’s official launch in the state Tuesday afternoon. 


Former Beaverton clerk pleads guilty to embezzlement – Midland Daily News

Former Beaverton clerk Dana Weiss, 36, remains out on bond after pleading guilty Monday to embezzlement by a public official over $50 in the 55th Circuit Court. 


Bad rap for drive-to-work crowd – Chicago Tribune

There is an odd badge of honor that seems to go with commuting to work by car or truck. 


A guide to driving in the US | Holiday Articles | Luxury & Tailor-Made with Wexas Travel

One of the best things about a trip to the US is the opportunity to try that classic pastime—the great American road trip. There’s nothing quite like piling your bags into a car, and taking off down a wide stretch of open road, completely in control of your own schedule. 


The Strange Connection Between Car Insurance & Hurricanes | Credit.com

Meteorologists and weather reporters often whip up a frenzy about major impending storms, and though many of these peter out with little impact, others leave devastating wreckage in their paths. 


First car insurance claims roll in for Pokemon Go

Pokemon Go, the augmented-reality app that has taken the world by storm recently, is reportedly causing distracted users to engage in unsafe behaviour, including dangerous driving leading to car crashes. 


Explore 2 Month Car Insurance Best Plans At Most Affordable Premiums With Free Help Online | PR Carbon

It is easier to find 2 month car insurance best plans by using the internet to your advantage. 


Car hire: it’s a risky business | IOL

Your flight arrives at the airport, you grab your luggage and head straight for the car hire agency. The process seems efficient enough – you have access to a car in an affordable class and you’re mobile. 


Ensuring drivers get home safe | Bangkok Post: lifestyle

Continuing our Female Leadership series, Life talks to the founders of U Drink I Drive, a business designed to reduce car accidents caused by drunk driving. 


UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums

Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314*motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving. 


Health Insurance Roundup, July 28, 2016


Average health insurance premiums fell after Obamacare took effect, study says

You might not believe it’s true, but more cost less after Obamacare began, a new analysis claims. 


Researchers study link between health insurance, tobacco and alcohol use among reproductive age women

Researchers at Columbia University’s Mailman School of Public Health studied the relationship between health insurance coverage and tobacco and alcohol use among reproductive age women in the United States, and whether there were differences according to pregnancy status. 


Anthem Tells Judge Cigna Deal Helps Health Insurance Markets – Bloomberg

Anthem Inc. said its proposed $48 billion merger with rival health insurer Cigna Corp. will lower consumer costs and extend coverage to more people, in response to a U.S. lawsuit seeking to block the deal. 


Bill Clinton says Hillary Clinton helped ‘get done’ the Children’s Health Insurance Program | PolitiFact Florida

Former President Bill Clinton said that after health care reform failed in the 1990s because they couldn’t break a Senate filibuster, Hillary Clinton sought to tackle health care reform piece by piece, including expanding health insurance for children. 


National Basketball Players Association to fund health insurance for ex-players

Retired NBA players with at least three years of service time in the league will receive health insurance funded by the National Basketball Players Association. 


Why Higher Health Insurance Rates? No Easy Answers | MTPR

If you want to know why health insurance companies in Montana are asking for big price increases on some of the policies they sell here next year, there are some easy answers – but they only tell part of the story. 


Health insurance execs plead case for rate hikes | Pittsburgh Post-Gazette

Health insurance companies made the case for double-digit rate increases next year for individual policies in Pennsylvania at a regulatory hearing Wednesday. 


Pacific Prime releases 2016 Cost of Health Insurance Report

Pacific Prime has released the 2016 version of their annual free report that looks at the cost of individual international health insurance plans in 95 countries. 


Somerset discusses health insurance changes – Perry County Tribune: News

Council heard a brief update on the second phase of the streetscape project. Council President David Snider, who presided over the meeting, informed council ME/IBI Group will be submitting plans for phase two with minor details changed first. 


Govt accepts plan to impose health insurance on visitors – Kuwait Times | Kuwait Times

MP Khalil Al-Saleh said his proposal to impose fees for health services presented to expats who come to the country on a visit visa, that he submitted at the start of the last parliamentary term, has been accepted by the government although it was opposed by the foreign ministry when it was discussed at the parliamentary health committee on May 23, 2016. 


Covered California insurance doesn’t guarantee the doctor will see you, study says – LA Times

The recent announcement that Covered California premiums will rise by double digits in 2017 is only part of the challenge for the nation’s largest health exchange. 


Health insurance coverage is associated with lower odds of alcohol use by pregnant women | EurekAlert! Science News

Researchers at Columbia University’s Mailman School of Public Health studied the relationship between health insurance coverage and tobacco and alcohol use among reproductive age women in the United States, and whether there were differences according to pregnancy status. 


A Google-backed health insurer wants to disrupt insurance by … limiting patient choice? – Vox

The health insurer Oscar launched in 2014 with $40 million in venture capital and a plan to disrupt America’s $1.8 trillion health care industry. 


This Indian Tech Disruptor Is Changing India’s Health Insurance Claims System – Forbes

If you suffer the misfortune of being an inpatient in the Indian medical system, you may find your time spent trying to file health insurance claims ends up being longer than your time as a patient, because it’s all being filed by hand. 


MAKING CENTS: Health insurance costs can leave you feeling sick | Irish Examiner

Health cover is a major expense in Ireland; nobody wants to face delays or money worries if illness should strike. However, standard health insurance policies aren’t the only options. 


Covered California Health Insurance Premiums Set to Jump in 2017 for Santa Barbara County Customers Your Health – Noozhawk.com

In the Tri-County region, Anthem Blue Cross California and Blue Shield of California premiums will rise, on average, 13.8 and 20 percent, respectively. 


Your health insurance may not cover you if your baby is born early – CHOICE

Health insurance is one of the things you need to think about well ahead of time if you’re planning to have a baby. After all, the last thing you want to worry about during a sleepless night is an expensive hospital bill. 


30K kids in Arizona could soon get health insurance – Tucson News Now

Thousands of children across Arizona do not have health insurance, but that could be changing. 


Panic buttons, health insurance for Seattle hotel workers up for vote in fall | The Seattle Times

The Seattle City Council voted Monday to put Initiative 124 on the November ballot. The initiative would require hotels to provide workers with panic buttons, health-insurance assistance and other protections. 


DOTmed.com – U.S. government blocks historic health insurance mega-mergers

After a year of speculation about how this administration’s antitrust regulators would respond to deals between four of the five biggest health insurers — Anthem-Cigna and Aetna-Humana — the outcome is now clear.  


Quincy workers may get health insurance rebate of $175,000 – Herald-Whig –

Members of the Quincy Personnel Committee will recommend to the full City Council next week that city workers get a 19 percent rebate on premiums workers paid last year. Director of Administrative Services Glenda Hackemack said the rebates are due to lower-than-expected health insurance expenditures.


Underwriting practices vary across insurance companies – Livemint

Insurers will take a sign-off on the pre-issuance inspection report and clearly state that the pre-existing damage is excluded from insurance. 


Should Your Small Business Offer Health Insurance? | MONEY

For a small business, helping employees sign up for Obamacare often is the best idea for them. 


Your complete guide to mandatory health insurance in Dubai | GulfNews.com

Isahd (Insurance System for Advancing Healthcare in Dubai) means ‘bringing happiness’ in Arabic and is an initiative by the Dubai Health Authority (DHA) to roll out sustainable health care for all nationals, residents and visitors in Dubai. 


Zenefits Settles With Tennessee Over Unlicensed Health Insurance Sales – Bloomberg

Zenefits reached its first settlement with a state government over its use of unlicensed health insurance brokers, an issue that prompted investigations in at least three other states and led its founding chief executive officer to resign this year. 


Health insurance pricing freed after 3-yr lock-in | Business Standard News

The Insurance Regulatory and Development Authority of India (IRDAI) in its final norms on health regulations has said insurers can change the pricing of a health insurance product every year, three years after its launch. 


Arizona becomes the last state to provide health insurance to low-income children – The Washington Post

Arizona is rejoining a children’s health insurance program for low and middle-income families, becoming the last state in the union to provide coverage for health care, dental care, speech therapy and other services to families who don’t qualify for Medicaid. 


Six things young adults should know about buying health insurance

The alacrity shown by agents when selling health policies is often not seen when claims are submitted. 


Health insurance scheme on the anvil for Brahmins in State – The Hindu

The Andhra Pradesh Brahmin Corporation Chairman and former bureaucrat I.Y.R. Krishna Rao has appealed to the well-to-do Brahmins to reach out to the poor in the community. 


How to Cut Costs If Your Doctor Isn’t Part of Your Health Insurance Network – Consumer Reports

You’ve probably heard the horror stories. You go to a doctor or local hospital and expect that your health insurance will cover your costs. Then you get hit with a huge medical bill, which can leave you on the hook for thousands of dollars. 


Life Insurance Roundup, July 28, 2016


ANZ sold Kiwis dud life insurance | afr.com

ANZ Banking Group is being accused of selling life insurance to a New Zealand couple in Australia who were not eligible for coverage because they are not Australian permanent residents. 


Should You Use Life Insurance Proceeds To Pay Off The House – Forbes

This is a very popular and common question I get after the loss of a spouse.  Figuring out the answer can be complicated by various moving parts, people, and usually a few unknowns.  


Class integrates with SMSF Life Insurance Reviews

Class, the developer of Class Super, the leading cloud SMSF administration software, has announced a new integration with SMSF Life Insurance Reviews, a leading provider of life insurance compliance services for SMSF accountants and their clients. 


Life Insurance Direct Marketing Association (LIDMA) Keynote Address to Be Delivered by Ebix CEO Robin Raina

The Life Insurance Direct Marketing Association (LIDMA) has announced that its Annual Fall Meeting & Business Showcase will take place September 25 through September 27, 2016 at the Balboa Bay Resort in Newport Beach, CA with its keynote address being delivered by Ebix, Inc. ( NASDAQ :EBIX ) CEO Robin Raina. 


Man ‘fakes death’ for R3.6m life insurance payout | The Citizen

One of two women accused of fraud after trying to cash in a life insurance policy is reportedly linked to siblings arrested in a Krugersdorp triple-murder case. 


Are the Proceeds from a Medicaid Recipient’s Life Insurance Policy Subject to Estate Recovery? | ElderLawAnswers

My mom has an individual whole life insurance policy. Her current policy has a death benefit of $30,000 and no cash value. Medicaid has been paying for her care. When she passes away, will the state be able to take the proceeds from the life insurance that would be paid out to her beneficiaries? 


Average LGBT life insurance sum assured exceeds £170,000 | The Actuary, the official magazine of the Institute and Faculty of Actuaries

The average amount a life assurance policy guarantees to pay up for lesbians, gay men, bisexuals and transgender people (LGBT) now stands at £176,695, according to a survey by insurer Compass


ING Life in Korea: ING Life Labor Calls for Transparent Procedure for Sales | BusinessKorea

s the binding bid for ING Life Insurance Korea, the fifth largest life insurance firm in Korea, will start as early as within this week, its labor union urged, “Stop the rough-and-ready sales but make the sales procedure transparent.” 


Husband seeks recovery of benefits from TransAmerica Life | Southeast Texas Record

A man has filed suit against an insurance company alleging he was not paid life insurance benefits after the death of his wife. 


More scrutiny needed on commissions paid to life insurance advisers

The proposed changes to commissions for selling life insurance may just tip the system back in favour of the customer. For years paying life insurance advisers by commission was not seen as a conflict of interest, even when it incentivised bad advice and continuous changing of policies. 


Scandals in the life insurance industry – Please explain!

Media reports about life insurance (LIF) ‘reforms’ usually include comments like ‘an attempt to mend the scandal-ridden sector’ or ‘enormous’ or ‘lucrative’ upfront commissions – presented as a truism without any mitigating exploration of context or truth. 


Life Insurance Settlements Discusses the Ever Expanding “Buy-Box” – Press Release – Digital Journal

Leading Life Insurance Settlements Company Now Able to Get Offers on More Life Insurance Policies than Ever Before


Financial Advisor IQ – Index Fund Fees Targeted in New York Life Insurance Lawsuit

Lawsuits by employees alleging high fees in 401(k) plans have been on the rise, but the latest suit against New York Life Insurance solely targets an index fund, Bloomberg reports. 


IndiaFirst Life Insurance appoints Peuli Das as “Appointed Actuary”

IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK), announced the appointment ofPeuli Das, as Appointed Actuary, today. 


KDB’s plan to sell insurance unit stalls

KDB Life, the insurance unit of Korea Development Bank (KDB), is failing to attract domestic investors to take over the bank’s stake in the firm. 


Chinese Buyers on Acquisition Spree Eye Insurance Firms – WSJ

The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All three of the leading bidders are backed by Chinese money. 


Insurers Challenge Retroactive Application of New Florida Law that Requires Comparison of Names of Accounts to Death Master File – Lexology

Insurers Challenge Retroactive Application of New Florida Law that Requires Comparison of Names of Accounts to Death Master File. 


bne IntelliNews – Russia’s central bank purges “pyramidal” insurance sector

The purge of the Central Bank of Russia (CBR) of the country’s insurance industry makes the regulator’s cleanup of the banking sector look lightweight by comparison, reducing the number of companies working the sector by 80%. 


Why buying a child insurance policy should never be postponed – The Financial Express

As a first stage of financial safety and security, a young couple generally go for an endowment policy for themselves. 


One Court Case That Could Really Hurt Obamacare Insurers – Morning Consult

There’s been a lot of bad news about rising Obamacare exchange premiums over the past few months. But things could get much worse for insurers (and consumers) if a court ruling brought by House Republicans against the administration prevails. 


‘Dream car’ bought using Auckland cancer patient’s life insurance stolen | Stuff.co.nz

An “irreplaceable” AC Cobra car – bought using a cancer sufferer’s life insurance money – has been stolen from a fortified garage in Takanini, south Auckland. 


M&A in Life Insurance: Chinese Insurers, Banks Expected to Take Pivotal Role in Domestic Life Insurance M&A | BusinessKorea

he Korea Insurance Research Institute (KIRI) said on July 24 that Chinese insurers and financial holding companies affiliated with banks are likely to become more and more aggressive in the M&A of South Korean life insurance companies and they are expected to act as capital suppliers in the South Korean life insurance industry in need of recapitalization. 


Reliance Nippon Life Insurance launches new offer and other top insurance news

Reliance Nippon Life Insurance, part of Reliance Capital, launched its new offer – ‘Increasing Money Back Plan’. 


NRA sued over non-payment of life insurance claim

A California man is suing the National Rifle Association and its partners for failing to pay on a life insurance claim in the accidental death of his relative, who named him the sole beneficiary of her policy. 


Life insurers infra investments up, equity assets down in FY16 | Business Standard News

Industry officials said this was on account of insurers primarily using bank branch networks to sell policies, apart from using other platforms like web aggregators and insurance marketing firms. 


2016 Fringe Benefits Tax Series #12: Going “All In” on Group-Term Life Insurance

Life insurance is essential for many families, but employees often find it difficult to set aside funds for this purpose, especially in peak spending years when they are raising their kids. 


Planning for a lifetime | Dhaka Tribune

Choosing life insurance policies may be a daunting task for many, from multiple insurance quotes to countless meetings with sales agents. However, having the right life insurance policy could put your mind at ease and provide financial security for you and your family.  


Facilitating Life Settlements

As growing numbers of aging baby boomers turn to their advisors to help them achieve their retirement and estate planning objectives, many estate attorneys are faced with decisions regarding life insurance policies purchased that are no longer relevant. 


South African Life Insurer Discovery Moves Into Japan – International Adviser

South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced. 


New Allianz Life Study Shows Strong Interest for Financial Solutions that Offer Opportunity for Increasing Income | Business Wire

In order to help address the risks caused by inflation, many Americans are looking to financial products that not only provide guaranteed income in retirement, but also offer the opportunity for their income to increase, according to a new study* by Allianz Life Insurance Company of North America (Allianz Life®) that explores Americans’ perceptions of the rising cost of living. 


Financial advisers seek to overturn life insurance legislation | afr.com

A group of disgruntled advisers says it will be “tripling” its efforts to overturn legislation designed to limit upfront and trailing commissions paid to planners for selling life insurance policies. 


Watch against errors in exchanging life insurance policies

In a recent column, I discussed the advisability of policy owners investigating from time to time the tax-free (Section 1035) exchange of cash-value life insurance and annuity policies.  Such exchanges are sometimes advisable when an older policy is not doing as well for the policyholder as a more modern policy could do. 


New appointments at Azerbaijan’s Pasha Life insurance company

Lala Jafarova and Rustam Mammadov have become members of the Management Board at Azerbaijani insurance company Pasha Life. 


Life Insurance Accounts for the Largest Share of Both Voluntary Inforce and Sales, According to an Eastbridge Report. | Business Wire

Results from Eastbridge Consulting Group’s U.S. State ESI and EPI Data report show that life insurance continues to lead the market in share of both inforce premium and new sales. However, a deeper look at the numbers shows there is more to the story. 


Broker-dealers expected to overtake independent agent channel in life insurance sales

According to a recent report, insurers will be more likely to choose the insurance broker-dealer channel to sell life insurance and annuities instead of the independent agent channel in the next two years. 


Final Expense Life Insurance Premium Up 5% In 2015 – InsuranceNewsNet

Final expense life insurance sales increased 5 percent and policy count rose 4 percent in 2015 (compared with 2014 results), based on a survey by the Life Insurers Council, CSG Actuarial, Inc. and Competiscan. 


How much life insurance is enough?

Start by figuring out what you can afford and how long you will need it for, and then work out the sums. 


China Life Insurance Near Overbought Level After Rally: Chart – Bloomberg

A 15 percent rally in China Life Insurance Co.’s U.S.-traded shares has pushed its relative strength index to near 70, a level that frequently precedes a reversal. When the momentum gauge last breached that line in April 2015, a 10 percent drop followed. 


Allianz Life Insurance Company of North America Financials and News | 30 Best Workplaces in Finance and Insurance

“Titles are not important at Allianz Life. People identify themselves by their department, not their title. Employee’s ideas are considered and valued no matter what rank they hold in the organization,” says an employee. 


Car Insurance Roundup, July 27, 2016


Would you drive less if it lowered your car insurance?

When gasoline price go up, consumers tend to drive less. It just makes economic sense. 


Your Driving Habits can Affect your Car Insurance Rates | Auto Credit Express Blog

Having auto insurance is a must, and the rates you pay for it are based on several different factors, including your driving habits. 


Best car insurance companies 2016 | Auto Express

If you own and drive a vehicle, you need motor insurance; it really is that simple. Yet even though many of us spend hours researching the very best model to suit our needs, few put the same time into finding the right cover. 


Driverless Cars Threaten to Crash Insurers’ Earnings – WSJ

Car insurers last year hauled in $200 billion of premiums, about a third of all premiums collected by the property-casualty industry. But as much as 80% of the intake could evaporate in coming decades, say some consultants, assuming crucial breakthroughs in driverless technology make driving safer and propel big changes in car ownership. 


Get No Down Payment Car Insurance In Alabama | PR Carbon

Would not you want an no down payment car insurance in Alabama which offers many discounts? Do you need an auto insurance company in Alabama that may be motivated to offer premium quality insurance at an affordable price? 


Make sure car in tip-top shape before a trip (sponsored content) | Boston Herald

Q: What should people consider before taking a trip this summer? 


‘Immoral’ Detroit Car Policy Rates ‘Should Be Illegal,’ Posts Author Anna Clark  –  Deadline Detroit

I am about to move from Detroit to Ann Arbor for one year. My AAA car insurance premium will drop from $203.61 per month to $72.92 per month. 


Consumer Wise: What to do after a car accident

Dealing with a car accident can be overwhelming, so it’s so important to be prepared in advance to make sure you’re treated fairly by the insurance companies. 


Underwriting practices vary across insurance companies – Livemint

Insurers will take a sign-off on the pre-issuance inspection report and clearly state that the pre-existing damage is excluded from insurance. 


How Auto Insurers Detect and Use Your Driving ‘Fingerprint’

You may not know it, but the way you drive is unique–sort of like a fingerprint. How fast you drive, how tight you turn, and how long you idle in the driveway before hitting the road all help to identify you from others on the road. 


SmartMoney Monday: Long-term care insurance – Hawaii News Now – KGMB and KHNL

It’s SmartMoney Monday, and we’re wrapping up our series on long-term care insurance. If you’ve missed last week’s segment, you can get caught up on our website. Today, I’m here with Chris Otto, from Bankoh Investment Services, Inc., a non-bank subsidiary of Bank of Hawaii, talking about how to pay for long-term care insurance. 


Rental car services draw increasing complaints – The Japan News

Users are increasingly complaining about rental car service companies, including people who say they had to pay for repair costs they were not responsible for or suddenly experienced a tire blowing out when they were driving. 


Insurance premiums will continue to soar if ‘excessive’ injury claims not tackled | Irish Examiner

Consumers face higher insurance prices if “excessive” personal injury payouts — sometimes three times higher than those in England and Wales for similar injuries — are not tackled, a business group has warned. 


Expanded Uber insurance is good news, but still not perfect | Driving

Uber may have been a breech birth – all feet first, head last – but it is most definitely moving mainstream and finally bending to all those silly laws it was so intent on breaking. 



Driving slower not always cheaper (From Herald Scotland)

The car insurance advice you report suggested that driving fewer miles will reduce the chance of making a claim (“Motorists are hit by serious hike in cost of car insurance”, The Herald, July 23), but reduced mileage is not the whole story. 


Don’t fall for the car insurance “loyalty discount”

Having written in the personal finance space for some time now, I’m all too familiar with the car insurance auto-renewal ripoff, where your insurer hikes up the price of your premium each year. 


Auto insurer wants to hike rates on older drivers – CBS News

Downeasters have a bone to pick with Flo, the perky Progressive insurance spokeswoman. The car insurer wants to raise rates for certain Maine residents just because they got older. 


Insurance premium for Qatar’s ‘risky’ drivers set to increase – Transport – ArabianBusiness.com

Car insurance firms in Qatar have been permitted for the first time to charge a higher premium for “risky drivers”, it was reported on Sunday. 


Angry Leeds makes parking rage top ten – Yorkshire Evening Post

The city is listed at number seven in the worst places for parking rage in a poll by Privilege car insurance. 


The ‘tampon tax’ is not a marginal issue – it’s the force of structural sexism at work | Gabrielle Jackson | Opinion | The Guardian

I’m sick of conversations about the tax on tampons being shut down by claims that there are more important issues to worry about. Of course there are. 


Animals cause £500,000 of damage to cars | Plymouth Herald

The over 50s are keen motorists but it appears animals are disrupting their daily journeys as they caused more than £500,000 worth of damage to people’s vehicles last year, according to data from the last 12 months. 


Thunderstorm topples trees, crushes cars in Newington – Central Connecticut Communications: New Britain Herald

Residents dealt with the aftermath of Friday night’s thunderstorm right through the weekend, assessing damage to cars, homes and streets. 


Free Car Insurance Quotes Are Now Available Online on a Single Website!

Car owners can always benefit from comparing online auto insurance quotes. They will be able to find low cost policies in their areas and enjoy better financial protection. 


How car insurance companies spy on your mileage | Fusion

Your car insurance company may have a surprising way to spy on your odometer. 


Car insurance firms blame fraud for rise in premiums – July – 2016 – Which? News

Fraudulent personal injury claims have been cited as a key factor behind the rising cost of car insurance.


Qualifying for lower car insurance

All-Risks Insurance Brokers Ltd. in Waterloo offers competitive rates for car owners and can help you to reduce your premiums with some practical tips. 


Car insurance ‘to rise 38pc next year’ – Independent.ie

Car insurance companies are clawing back huge profits with massive premium increases and unless the government takes action drivers face hikes of 38pc next year, an expert has warned. 


Study: Black Car Owners Pay More For Auto Insurance Than Whites | Black Matters

A new report published by 4AutoInsuranceQuote.com shows that Black Americans pay hundreds of dollars more for car insurance than whites. 


Things You Most Likely Do Not Know About Car Insurance – The Global Dispatch

Nowadays, insurance is necessary for individuals from all around the world. It is really important that we safeguard our most prized possessions and that we make good choices that will have a positive impact in the future. 


Woman refused insurance because of rude Cock Inn pub name – Suffolk Free Press

The landlady of an award-winning pub was refused car insurance – because the traditional boozer is called ‘The Cock Inn’. 


Maine lawmaker aims to block attempt to raise car insurance rates for older drivers – The Portland Press Herald / Maine Sunday Telegram

The House chairman of the Legislature’s Insurance and Financial Services Committee said Tuesday that he will try to block any effort by Progressive Corp. to raise car insurance premiums for seniors in Maine based solely on their age. 


Vehicle insurance fraud reaches P1b annually – The Standard

The Philippine Insurers and Reinsurers Association said the industry was losing millions to motor car insurance fraud committed by individuals or organized groups. 


Car insurance cos come to Bhopal residents’ rescue, initiate claims

Since the last few days, monsoon has been relentless in Bhopal causing floods and major havoc in the city, electricity is also snapped off at large parts of the city. There have been instances of huge damages caused to houses, cars and other establishments. 


Go Online For Finding The Best Car Insurance No Credit Check Policy Within Few Minutes | PR Carbon

These days it is possible to locate companies which offer car insurance that does not check credit buyers and the right place to find them is the internet. 


Hollard updates its travel insurance policy

Hollard customers will no longer have to first gain authorisation for certain medical emergencies while travelling. 


Britons cop more than 600 MILLION personal-injury related cold calls in ONE YEAR | Daily Mail Online

Britons received more than 600 million personal-injury related cold calls. A further 117 million nuisance texts were also sent during last year. The total communication effort equals 2 million cold calls and texts a day. 


Letters: A Brexit deal can mean maximum free trade and no freedom of movement

Sir, In your report on the worldwide hunt for trade negotiators, you quoted Pascal Lamy, the former World Trade Organisation chief, saying: “You’ve got people on the Brexit side, protectionists who want to protect from Chinese dumping.” 


European Equities Advance as British Employment Rate Rises, Health Care Stocks Gain – NASDAQ.com

European stocks were higher on Wednesday morning as fresh data showed that Britain’s employment rate was at its highest level in 45 years, standard employment gained in Germany and health care stocks climbed across the board. 


Brexit: how could it affect the classic car industry? | Classic and Performance Car

Brexit. A term coined to describe the the United Kingdom’s decision to sever ties with the European Union, making a go of it alone. Beating the odds and predictions, 17.4million UK people voted ‘Leave’, against the 16.1million ‘Remain’ voters, meaning that the public has spoken. 


Charleston Gazette-Mail | Uber starts offering rides in WV

Charleston and Morgantown residents can begin taking advantage of on demand transportation today, following Uber’s official launch in the state Tuesday afternoon. 


Former Beaverton clerk pleads guilty to embezzlement – Midland Daily News

Former Beaverton clerk Dana Weiss, 36, remains out on bond after pleading guilty Monday to embezzlement by a public official over $50 in the 55th Circuit Court. 


Bad rap for drive-to-work crowd – Chicago Tribune

There is an odd badge of honor that seems to go with commuting to work by car or truck. 


A guide to driving in the US | Holiday Articles | Luxury & Tailor-Made with Wexas Travel

One of the best things about a trip to the US is the opportunity to try that classic pastime—the great American road trip. There’s nothing quite like piling your bags into a car, and taking off down a wide stretch of open road, completely in control of your own schedule. 


The Strange Connection Between Car Insurance & Hurricanes | Credit.com

Meteorologists and weather reporters often whip up a frenzy about major impending storms, and though many of these peter out with little impact, others leave devastating wreckage in their paths. 


First car insurance claims roll in for Pokemon Go

Pokemon Go, the augmented-reality app that has taken the world by storm recently, is reportedly causing distracted users to engage in unsafe behaviour, including dangerous driving leading to car crashes. 


Explore 2 Month Car Insurance Best Plans At Most Affordable Premiums With Free Help Online | PR Carbon

It is easier to find 2 month car insurance best plans by using the internet to your advantage. 


Car hire: it’s a risky business | IOL

Your flight arrives at the airport, you grab your luggage and head straight for the car hire agency. The process seems efficient enough – you have access to a car in an affordable class and you’re mobile. 


Ensuring drivers get home safe | Bangkok Post: lifestyle

Continuing our Female Leadership series, Life talks to the founders of U Drink I Drive, a business designed to reduce car accidents caused by drunk driving. 


UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums

Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314*motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving. 


Health Insurance Roundup, July 27, 2016


Health insurance coverage is associated with lower odds of alcohol use by pregnant women | EurekAlert! Science News

Researchers at Columbia University’s Mailman School of Public Health studied the relationship between health insurance coverage and tobacco and alcohol use among reproductive age women in the United States, and whether there were differences according to pregnancy status. 


A Google-backed health insurer wants to disrupt insurance by … limiting patient choice? – Vox

The health insurer Oscar launched in 2014 with $40 million in venture capital and a plan to disrupt America’s $1.8 trillion health care industry. 


This Indian Tech Disruptor Is Changing India’s Health Insurance Claims System – Forbes

If you suffer the misfortune of being an inpatient in the Indian medical system, you may find your time spent trying to file health insurance claims ends up being longer than your time as a patient, because it’s all being filed by hand. 


MAKING CENTS: Health insurance costs can leave you feeling sick | Irish Examiner

Health cover is a major expense in Ireland; nobody wants to face delays or money worries if illness should strike. However, standard health insurance policies aren’t the only options. 


Covered California Health Insurance Premiums Set to Jump in 2017 for Santa Barbara County Customers Your Health – Noozhawk.com

In the Tri-County region, Anthem Blue Cross California and Blue Shield of California premiums will rise, on average, 13.8 and 20 percent, respectively. 


Your health insurance may not cover you if your baby is born early – CHOICE

Health insurance is one of the things you need to think about well ahead of time if you’re planning to have a baby. After all, the last thing you want to worry about during a sleepless night is an expensive hospital bill. 


30K kids in Arizona could soon get health insurance – Tucson News Now

Thousands of children across Arizona do not have health insurance, but that could be changing. 


Panic buttons, health insurance for Seattle hotel workers up for vote in fall | The Seattle Times

The Seattle City Council voted Monday to put Initiative 124 on the November ballot. The initiative would require hotels to provide workers with panic buttons, health-insurance assistance and other protections. 


DOTmed.com – U.S. government blocks historic health insurance mega-mergers

After a year of speculation about how this administration’s antitrust regulators would respond to deals between four of the five biggest health insurers — Anthem-Cigna and Aetna-Humana — the outcome is now clear.  


Quincy workers may get health insurance rebate of $175,000 – Herald-Whig –

Members of the Quincy Personnel Committee will recommend to the full City Council next week that city workers get a 19 percent rebate on premiums workers paid last year. Director of Administrative Services Glenda Hackemack said the rebates are due to lower-than-expected health insurance expenditures.


Underwriting practices vary across insurance companies – Livemint

Insurers will take a sign-off on the pre-issuance inspection report and clearly state that the pre-existing damage is excluded from insurance. 


Should Your Small Business Offer Health Insurance? | MONEY

For a small business, helping employees sign up for Obamacare often is the best idea for them. 


Your complete guide to mandatory health insurance in Dubai | GulfNews.com

Isahd (Insurance System for Advancing Healthcare in Dubai) means ‘bringing happiness’ in Arabic and is an initiative by the Dubai Health Authority (DHA) to roll out sustainable health care for all nationals, residents and visitors in Dubai. 


Zenefits Settles With Tennessee Over Unlicensed Health Insurance Sales – Bloomberg

Zenefits reached its first settlement with a state government over its use of unlicensed health insurance brokers, an issue that prompted investigations in at least three other states and led its founding chief executive officer to resign this year. 


Health insurance pricing freed after 3-yr lock-in | Business Standard News

The Insurance Regulatory and Development Authority of India (IRDAI) in its final norms on health regulations has said insurers can change the pricing of a health insurance product every year, three years after its launch. 


Arizona becomes the last state to provide health insurance to low-income children – The Washington Post

Arizona is rejoining a children’s health insurance program for low and middle-income families, becoming the last state in the union to provide coverage for health care, dental care, speech therapy and other services to families who don’t qualify for Medicaid. 


Six things young adults should know about buying health insurance

The alacrity shown by agents when selling health policies is often not seen when claims are submitted. 


Health insurance scheme on the anvil for Brahmins in State – The Hindu

The Andhra Pradesh Brahmin Corporation Chairman and former bureaucrat I.Y.R. Krishna Rao has appealed to the well-to-do Brahmins to reach out to the poor in the community. 


How to Cut Costs If Your Doctor Isn’t Part of Your Health Insurance Network – Consumer Reports

You’ve probably heard the horror stories. You go to a doctor or local hospital and expect that your health insurance will cover your costs. Then you get hit with a huge medical bill, which can leave you on the hook for thousands of dollars. 


Health Insurance Fraud | Jakarta Globe

A sample of a genuine state health insurance (BPJS Kesehatan) card, left, displayed alongside a forged one in Bandung, West Java, on Sunday (24/7).


Look out for insurance loopholes | GulfNews.com

Dubai: While the Dubai Health Authority (DHA) stipulates that all health insurance must cover chronic illnesses, residents need to scour the fine print. 


What’s bad for health insurers may be good for consumers – CBS News

After much speculation, it’s official: The U.S. Department of Justice announced last Thursday that it is suing to block health insurer Anthem’s proposed $48 billion acquisition of Cigna and Aetna’s proposed $34 billion acquisition of Humana. 


An EHIC won’t EVER get you home – the dangers of relying on your health insurance card – Mirror Online

It’s a risk millions of Brits take again and again – just one they don’t know they’re running. These are the dangers we’re putting ourselves in for the sake of a few quid. 


Oscar, a Bay Area insurance option for 2017, touts tech pedigree – San Francisco Chronicle

Starting next year, people in three Bay Area counties will have the option to choose a health insurer that goes by its first name, touts its mobile app and is backed by Silicon Valley venture capitalists. 


Rate hikes show rising health costs and Obamacare’s flaws | The Sacramento Bee

The big rate increases announced last week for health insurance policies sold by California’s version of the federal health reform are the latest evidence that the Affordable Care Act, despite its name, cannot do much to tame the rise of health care costs. 


Why pulling the plug on health insurance mergers was bound to happen | Business | The Guardian

The justice department lawsuits blocking two mergers that would have dramatically consolidated the market signal tougher stance on antitrust concerns. 


Iowa health insurance customers complain about rate hikes

Iowa’s insurance commissioner expressed sympathy Saturday with consumers who are outraged about steep premium increases for health insurance, and about the federal law requiring them to buy policies — but he offered little hope that he could help them much. 


3 Facts About Health Insurance Every Baby Boomer Should Know | Markets-and-stocks | host.madison.com

If you’re approaching retirement, it’s natural to look forward to the leisurely lifestyle you’ve worked hard to earn. But leaving the workforce often means taking on the stress of navigating the complex world of retiree health insurance. Here are three key things you need to know about health insurance as retirement nears. 


10 things to look for while shopping for health insurance | GulfNews.com

Dubai: If you are still shopping for a health insurance you might be looking for a plan that gives you real value for money and provides appropriate coverage with a small component of co-insurance or the percentage of the consultation and treatment that you have to pay as a consumer. 


Mandatory health insurance required for Dubai residents | Al Bawaba

A poll run by Khaleej Times in June showed that 58.58 per cent of the readers had already got covered while the remaining would do so by the end of the year. 


KSA Business: Expert welcomes single health insurance policy plan

Further growth is expected in the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer, according to an insurance expert. 


Employers told to pay health insurance of workers | Sun.Star

Employers must enroll their employees with Philippine Health Insurance Corporation (Philhealth), a government health insurance agency said. 


Empire Editorial: On health care, please clap | Juneau Empire – Alaska’s Capital City Online Newspaper

When was the last time you cheered the fact that the price of something rose 10 percent? 


Cancer survivors hope for better use of sin tax collections in health services | mb.com.ph | Philippine News

Cancer survivors are hoping that President Duterte will include a comprehensive plan to utilize sin taxes when he addresses his first State of the Nation Address (SONA). 


Takeaway on health care issues: Many priorities, not enough cash – Crain’s Detroit Business

Four Democrats, four Republicans and on most issues, perhaps 80 percent agreement. Sounds remarkable, but the lawmakers who joined the Michigan Association of Health Plans summer conference last week at the Grand Traverse Resort were mostly on the same page about major health care issues in the state. 


How UAE residents choose best healthcare provider – Khaleej Times

Word of mouth and previous experience are the most significant factors in how individuals choose healthcare providers in UAE. 


Alternatives to VA health care | Valley Life | argusobserver.com

The health-care system of the Department of Veteran Affairs is always a popular topic of discussion at the coffee table, just about every day! And there are always negative as well as positive points of view. With the latest conversations, the subject of privatized health care in the VA is discussed more than any other. 


Justice Department to Challenge Two Health-Insurance Mergers – WSJ

The U.S. government is close to challenging two proposed mergers between four of the nation’s largest health-insurance companies, according to people familiar with the matter, in what would represent strong pushback against consolidation in the industry. 


Health insurance premium pain soaring

Australian households are spending about 20 per cent more on health insurance than they were in the mid-naughties and the cost has increased most for older couples, an in-depth study reveals. 


Don’t be fooled by the private health insurance industry’s pitch to 30-year-olds

There’s a great con job targeting younger Australians, and the government and insurance industry are in cahoots. 


Covered California announced health insurance rate increases for 2017 | ABC10.com

Covered California unveiled its rates for 2017 on Tuesday and announced that some health insurance plans will be expanding into new areas throughout the state to compete for consumers in California. 


Premera individual health insurance rates to rise almost 10 percent, even with $55 million help from Alaska – Alaska Dispatch News

Alaska’s only insurer on the individual insurance market will raise its rates nearly 10 percent in 2017, a significantly smaller increase than those seen in the past two years, thanks to a $55 million cash injection from the state. 


Umatilla County will have fewer health insurance choices, higher premiums in 2017 – Local News – East Oregonian

Four of the seven companies that offered individual coverage to Umatilla County citizens this year announced they are pulling out of the county next year, citing insufficient payments by the federal government to cover losses from high-risk customers. 


Aditya Birla Firm Registered As 6th Player In Health Insurance – NDTV Profit

Aditya Birla Health Insurance has become the sixth company in India to be registered in the segment, regulator Irda said on Monday. 


Double-Digit Health Insurance Premium Spikes Loom for Maine Individual Market | Heartlander Magazine

Insurers in Maine are proposing to raise individual health plan premiums by as much as 22 percent to cover rising costs imposed by the Affordable Care Act (ACA). 


Fifty-six percent of employers confident public health insurance exchanges will be an option for pre-65 retiree coverage within two years – NASDAQ.com

More than half (56%) of U.S. employers are confident that public health insurance exchanges will be a viable alternative to group health plans for pre-65 retirees by 2018, according to a survey from Willis Towers Watson (NASDAQ:WLTW).


Reedsburg School Board approves health insurance change | Regional news | wiscnews.com

The Reedsburg School Board voted to adjust the Alternative Benefit Plan, which allows employees to receive a payment instead of health insurance if they get insurance through an outside source or another employee in the district. 


Mass. wins delay on federal health insurance rules – The Boston Globe

State and federal officials have negotiated a deal to delay a federal policy that threatened to destabilize health insurance rates at small businesses across Massachusetts. 


Buying health insurance through California exchange could cost you more next year – InsuranceNewsNet

It could cost more to buy health insurance through Covered California for next year, but Californians likely will not see the steep premium increases facing consumers buying coverage through health exchanges in other states. 


Starbucks Widens Workers’ Health-Insurance Options – WSJ

Starbucks Corp. on Monday became one of the most high-profile employers to switch its employees to a private health insurance exchange. 


Loss of employer-based health insurance in early retirement affects mental, physical health | EurekAlert! Science News

The loss of private health insurance from an employer can lead to poorer mental and physical health as older adults transition to early retirement, according to a study by Georgia State University. 


Sub regional leaders to examine national health insurance scheme | Antigua Observer Newspaper

Governments of the Organisation of Eastern Caribbean States (OECS) are to collaborate on a study to investigate the viability of a national health insurance scheme for the sub-region. 


Foreign inmates fall through health insurance cracks – SWI swissinfo.ch

Some 2,000 foreign prisoners sitting in Swiss jails may only be eligible for emergency medical care because they lack insurance for routine treatment, Swiss public television SRF reported. 


Eva Jean Fomalont of beWellnm: Offering health insurance can help NM organizations attract and keep staff – Albuquerque Business First

A recent WalletHub report ranked New Mexico 26th in the country for business startup activity. This is in stark contrast to the news New Mexicans are familiar with about the weak economy, education and poverty issues.  


No visa without health insurance – Saudi Gazette

Employers who do not provide health insurance to employees and their dependents may be banned from recruitment permanently, Al-Madinah Arabic daily reported on Monday. 


Life Insurance Roundup, July 27, 2016


More scrutiny needed on commissions paid to life insurance advisers

The proposed changes to commissions for selling life insurance may just tip the system back in favour of the customer. For years paying life insurance advisers by commission was not seen as a conflict of interest, even when it incentivised bad advice and continuous changing of policies. 


Scandals in the life insurance industry – Please explain!

Media reports about life insurance (LIF) ‘reforms’ usually include comments like ‘an attempt to mend the scandal-ridden sector’ or ‘enormous’ or ‘lucrative’ upfront commissions – presented as a truism without any mitigating exploration of context or truth. 


Life Insurance Settlements Discusses the Ever Expanding “Buy-Box” – Press Release – Digital Journal

Leading Life Insurance Settlements Company Now Able to Get Offers on More Life Insurance Policies than Ever Before


Financial Advisor IQ – Index Fund Fees Targeted in New York Life Insurance Lawsuit

Lawsuits by employees alleging high fees in 401(k) plans have been on the rise, but the latest suit against New York Life Insurance solely targets an index fund, Bloomberg reports. 


IndiaFirst Life Insurance appoints Peuli Das as “Appointed Actuary”

IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK), announced the appointment ofPeuli Das, as Appointed Actuary, today. 


KDB’s plan to sell insurance unit stalls

KDB Life, the insurance unit of Korea Development Bank (KDB), is failing to attract domestic investors to take over the bank’s stake in the firm. 


Chinese Buyers on Acquisition Spree Eye Insurance Firms – WSJ

The latest example is a $1 billion bidding war for Singapore-based Asia Capital Reinsurance Group Pte. Ltd. All three of the leading bidders are backed by Chinese money. 


Insurers Challenge Retroactive Application of New Florida Law that Requires Comparison of Names of Accounts to Death Master File – Lexology

Insurers Challenge Retroactive Application of New Florida Law that Requires Comparison of Names of Accounts to Death Master File. 


bne IntelliNews – Russia’s central bank purges “pyramidal” insurance sector

The purge of the Central Bank of Russia (CBR) of the country’s insurance industry makes the regulator’s cleanup of the banking sector look lightweight by comparison, reducing the number of companies working the sector by 80%. 


Why buying a child insurance policy should never be postponed – The Financial Express

As a first stage of financial safety and security, a young couple generally go for an endowment policy for themselves. 


One Court Case That Could Really Hurt Obamacare Insurers – Morning Consult

There’s been a lot of bad news about rising Obamacare exchange premiums over the past few months. But things could get much worse for insurers (and consumers) if a court ruling brought by House Republicans against the administration prevails. 


‘Dream car’ bought using Auckland cancer patient’s life insurance stolen | Stuff.co.nz

An “irreplaceable” AC Cobra car – bought using a cancer sufferer’s life insurance money – has been stolen from a fortified garage in Takanini, south Auckland. 


M&A in Life Insurance: Chinese Insurers, Banks Expected to Take Pivotal Role in Domestic Life Insurance M&A | BusinessKorea

he Korea Insurance Research Institute (KIRI) said on July 24 that Chinese insurers and financial holding companies affiliated with banks are likely to become more and more aggressive in the M&A of South Korean life insurance companies and they are expected to act as capital suppliers in the South Korean life insurance industry in need of recapitalization. 


Reliance Nippon Life Insurance launches new offer and other top insurance news

Reliance Nippon Life Insurance, part of Reliance Capital, launched its new offer – ‘Increasing Money Back Plan’. 


NRA sued over non-payment of life insurance claim

A California man is suing the National Rifle Association and its partners for failing to pay on a life insurance claim in the accidental death of his relative, who named him the sole beneficiary of her policy. 


Life insurers infra investments up, equity assets down in FY16 | Business Standard News

Industry officials said this was on account of insurers primarily using bank branch networks to sell policies, apart from using other platforms like web aggregators and insurance marketing firms. 


2016 Fringe Benefits Tax Series #12: Going “All In” on Group-Term Life Insurance

Life insurance is essential for many families, but employees often find it difficult to set aside funds for this purpose, especially in peak spending years when they are raising their kids. 


Planning for a lifetime | Dhaka Tribune

Choosing life insurance policies may be a daunting task for many, from multiple insurance quotes to countless meetings with sales agents. However, having the right life insurance policy could put your mind at ease and provide financial security for you and your family.  


Facilitating Life Settlements

As growing numbers of aging baby boomers turn to their advisors to help them achieve their retirement and estate planning objectives, many estate attorneys are faced with decisions regarding life insurance policies purchased that are no longer relevant. 


South African Life Insurer Discovery Moves Into Japan – International Adviser

South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced. 


New Allianz Life Study Shows Strong Interest for Financial Solutions that Offer Opportunity for Increasing Income | Business Wire

In order to help address the risks caused by inflation, many Americans are looking to financial products that not only provide guaranteed income in retirement, but also offer the opportunity for their income to increase, according to a new study* by Allianz Life Insurance Company of North America (Allianz Life®) that explores Americans’ perceptions of the rising cost of living. 


Financial advisers seek to overturn life insurance legislation | afr.com

A group of disgruntled advisers says it will be “tripling” its efforts to overturn legislation designed to limit upfront and trailing commissions paid to planners for selling life insurance policies. 


Watch against errors in exchanging life insurance policies

In a recent column, I discussed the advisability of policy owners investigating from time to time the tax-free (Section 1035) exchange of cash-value life insurance and annuity policies.  Such exchanges are sometimes advisable when an older policy is not doing as well for the policyholder as a more modern policy could do. 


New appointments at Azerbaijan’s Pasha Life insurance company

Lala Jafarova and Rustam Mammadov have become members of the Management Board at Azerbaijani insurance company Pasha Life. 


Life Insurance Accounts for the Largest Share of Both Voluntary Inforce and Sales, According to an Eastbridge Report. | Business Wire

Results from Eastbridge Consulting Group’s U.S. State ESI and EPI Data report show that life insurance continues to lead the market in share of both inforce premium and new sales. However, a deeper look at the numbers shows there is more to the story. 


Broker-dealers expected to overtake independent agent channel in life insurance sales

According to a recent report, insurers will be more likely to choose the insurance broker-dealer channel to sell life insurance and annuities instead of the independent agent channel in the next two years. 


Final Expense Life Insurance Premium Up 5% In 2015 – InsuranceNewsNet

Final expense life insurance sales increased 5 percent and policy count rose 4 percent in 2015 (compared with 2014 results), based on a survey by the Life Insurers Council, CSG Actuarial, Inc. and Competiscan. 


How much life insurance is enough?

Start by figuring out what you can afford and how long you will need it for, and then work out the sums. 


China Life Insurance Near Overbought Level After Rally: Chart – Bloomberg

A 15 percent rally in China Life Insurance Co.’s U.S.-traded shares has pushed its relative strength index to near 70, a level that frequently precedes a reversal. When the momentum gauge last breached that line in April 2015, a 10 percent drop followed. 


Allianz Life Insurance Company of North America Financials and News | 30 Best Workplaces in Finance and Insurance

“Titles are not important at Allianz Life. People identify themselves by their department, not their title. Employee’s ideas are considered and valued no matter what rank they hold in the organization,” says an employee. 


BRIEF-Shenzhen Wongtee’s unit plans life insurance firm with partners | Reuters

Shenzhen Wongtee International Enterprise Co Ltd, says unit plans to invest 200 million yuan ($29.89 million) to set up life insurance firm with registered capital of 1 billion yuan with partners. 


City to discuss whole life insurance plan – ddtonline.com: News

City council members at tonight’s meeting will consider approving a whole life policy plan through New York Life Insurance Company, giving employees an opportunity to buy into the plan. 


ICICI Prudential Life Insurance leads ULIPs race with a little help from ICICI Bank – The Financial Express

ICICI Prudential Life Insurance, which is the market leader in the universe of private sector life insurers continues to maintain its lead in unit-linked insurance plans (ULIPs). 


Get The Most Out Of Your Life Insurance Policies Before 2017! – Tax – Canada

Life insurance rules have remained relatively intact since 1982, but that’s about to change. Starting January 1, 2017, new income tax legislation will come into effect that will change some taxation aspects of life insurance policies. 


Life insurance sector sees 33% growth in first quarter

The 24-member Indian life insurance industry ended the first quarter of the current fiscal with a new business premium of Rs 31,392.55 crore – logging a growth of 33.2%, the Life insurance Council of India said, reports a daily newspaper. 


Kolkata | Max Life Insurance launches ‘Cancer Insurance Plan’ | The Echo of India

Max Life Insurance, non-bank promoted private life insurer, a joint venture between Max Financial Services Ltd and Mitsui Sumitomo Insurance Co Ltd, today announced the launch of its new product -‘Max Life Cancer Insurance Plan’–a protection plan that is designed to provide financial assistance across all stages of cancer. 


IndiaFirst Life Insurance Partners with Nainital Bank

IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK) today, announced a partnership with Nainital Bank Limited, for the distribution of its products. 


Enhanced financial modeling software available for U.S. life insurers – NASDAQ.com

Updated U.S. Library of Applications provides life insurers with ways to better manage their books of business. 


ICICI Prudential Life Insurance files DRHP for Rs 5,000-crore IPO – The Economic Times

NEW DELHI: ICICI BankBSE 2.11 % has filed draft red herring prospectus (DRHP) with Sebi for an initial public offer (IPO), worth up to Rs 5,000 crore.


Life insurance industry logs 33% growth in first quarter | Business Standard News

The 24-member Indian industry closed the first quarter of the current fiscal with a new business premium of Rs 31,392.55 crore, logging a growth of 33.2%, the Life Insurance Council of India said. 


Credit life insurance provides a safety net for borrowers, Business, Phnom Penh Post

More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. 


Cash Value Life Insurance: The Best Financial Safe Haven

I had thought that Treasury bonds were supposed to be the gold standard for investment safety.  The financial safe haven to the world.


IndiaFirst Life Insurance partners Nainital Bank – Times of India

Mumbai, Jul 18 () IndiaFirst Life Insurance today announced a partnership with Nainital Bank for distribution of its products. 


The Hartford Integrates Dental, Vision Coverage With Its Disability, Life Insurance For Small Businesses

The Hartford has integrated dental and vision coverage with its group disability and life insurance enabling brokers to create comprehensive benefits packages for small businesses with fewer than 50 employees. 


Car Insurance Roundup, July 26, 2016


SmartMoney Monday: Long-term care insurance – Hawaii News Now – KGMB and KHNL

It’s SmartMoney Monday, and we’re wrapping up our series on long-term care insurance. If you’ve missed last week’s segment, you can get caught up on our website. Today, I’m here with Chris Otto, from Bankoh Investment Services, Inc., a non-bank subsidiary of Bank of Hawaii, talking about how to pay for long-term care insurance. 


Rental car services draw increasing complaints – The Japan News

Users are increasingly complaining about rental car service companies, including people who say they had to pay for repair costs they were not responsible for or suddenly experienced a tire blowing out when they were driving. 


Insurance premiums will continue to soar if ‘excessive’ injury claims not tackled | Irish Examiner

Consumers face higher insurance prices if “excessive” personal injury payouts — sometimes three times higher than those in England and Wales for similar injuries — are not tackled, a business group has warned. 


Expanded Uber insurance is good news, but still not perfect | Driving

Uber may have been a breech birth – all feet first, head last – but it is most definitely moving mainstream and finally bending to all those silly laws it was so intent on breaking. 



Driving slower not always cheaper (From Herald Scotland)

The car insurance advice you report suggested that driving fewer miles will reduce the chance of making a claim (“Motorists are hit by serious hike in cost of car insurance”, The Herald, July 23), but reduced mileage is not the whole story. 


Don’t fall for the car insurance “loyalty discount”

Having written in the personal finance space for some time now, I’m all too familiar with the car insurance auto-renewal ripoff, where your insurer hikes up the price of your premium each year. 


Auto insurer wants to hike rates on older drivers – CBS News

Downeasters have a bone to pick with Flo, the perky Progressive insurance spokeswoman. The car insurer wants to raise rates for certain Maine residents just because they got older. 


Insurance premium for Qatar’s ‘risky’ drivers set to increase – Transport – ArabianBusiness.com

Car insurance firms in Qatar have been permitted for the first time to charge a higher premium for “risky drivers”, it was reported on Sunday. 


Angry Leeds makes parking rage top ten – Yorkshire Evening Post

The city is listed at number seven in the worst places for parking rage in a poll by Privilege car insurance. 


The ‘tampon tax’ is not a marginal issue – it’s the force of structural sexism at work | Gabrielle Jackson | Opinion | The Guardian

I’m sick of conversations about the tax on tampons being shut down by claims that there are more important issues to worry about. Of course there are. 


Animals cause £500,000 of damage to cars | Plymouth Herald

The over 50s are keen motorists but it appears animals are disrupting their daily journeys as they caused more than £500,000 worth of damage to people’s vehicles last year, according to data from the last 12 months. 


Thunderstorm topples trees, crushes cars in Newington – Central Connecticut Communications: New Britain Herald

Residents dealt with the aftermath of Friday night’s thunderstorm right through the weekend, assessing damage to cars, homes and streets. 


Free Car Insurance Quotes Are Now Available Online on a Single Website!

Car owners can always benefit from comparing online auto insurance quotes. They will be able to find low cost policies in their areas and enjoy better financial protection. 


How car insurance companies spy on your mileage | Fusion

Your car insurance company may have a surprising way to spy on your odometer. 


Car insurance firms blame fraud for rise in premiums – July – 2016 – Which? News

Fraudulent personal injury claims have been cited as a key factor behind the rising cost of car insurance.


Qualifying for lower car insurance

All-Risks Insurance Brokers Ltd. in Waterloo offers competitive rates for car owners and can help you to reduce your premiums with some practical tips. 


Car insurance ‘to rise 38pc next year’ – Independent.ie

Car insurance companies are clawing back huge profits with massive premium increases and unless the government takes action drivers face hikes of 38pc next year, an expert has warned. 


Study: Black Car Owners Pay More For Auto Insurance Than Whites | Black Matters

A new report published by 4AutoInsuranceQuote.com shows that Black Americans pay hundreds of dollars more for car insurance than whites. 


Things You Most Likely Do Not Know About Car Insurance – The Global Dispatch

Nowadays, insurance is necessary for individuals from all around the world. It is really important that we safeguard our most prized possessions and that we make good choices that will have a positive impact in the future. 


Woman refused insurance because of rude Cock Inn pub name – Suffolk Free Press

The landlady of an award-winning pub was refused car insurance – because the traditional boozer is called ‘The Cock Inn’. 


Maine lawmaker aims to block attempt to raise car insurance rates for older drivers – The Portland Press Herald / Maine Sunday Telegram

The House chairman of the Legislature’s Insurance and Financial Services Committee said Tuesday that he will try to block any effort by Progressive Corp. to raise car insurance premiums for seniors in Maine based solely on their age. 


Vehicle insurance fraud reaches P1b annually – The Standard

The Philippine Insurers and Reinsurers Association said the industry was losing millions to motor car insurance fraud committed by individuals or organized groups. 


Car insurance cos come to Bhopal residents’ rescue, initiate claims

Since the last few days, monsoon has been relentless in Bhopal causing floods and major havoc in the city, electricity is also snapped off at large parts of the city. There have been instances of huge damages caused to houses, cars and other establishments. 


Go Online For Finding The Best Car Insurance No Credit Check Policy Within Few Minutes | PR Carbon

These days it is possible to locate companies which offer car insurance that does not check credit buyers and the right place to find them is the internet. 


Hollard updates its travel insurance policy

Hollard customers will no longer have to first gain authorisation for certain medical emergencies while travelling. 


Britons cop more than 600 MILLION personal-injury related cold calls in ONE YEAR | Daily Mail Online

Britons received more than 600 million personal-injury related cold calls. A further 117 million nuisance texts were also sent during last year. The total communication effort equals 2 million cold calls and texts a day. 


Letters: A Brexit deal can mean maximum free trade and no freedom of movement

Sir, In your report on the worldwide hunt for trade negotiators, you quoted Pascal Lamy, the former World Trade Organisation chief, saying: “You’ve got people on the Brexit side, protectionists who want to protect from Chinese dumping.” 


European Equities Advance as British Employment Rate Rises, Health Care Stocks Gain – NASDAQ.com

European stocks were higher on Wednesday morning as fresh data showed that Britain’s employment rate was at its highest level in 45 years, standard employment gained in Germany and health care stocks climbed across the board. 


Brexit: how could it affect the classic car industry? | Classic and Performance Car

Brexit. A term coined to describe the the United Kingdom’s decision to sever ties with the European Union, making a go of it alone. Beating the odds and predictions, 17.4million UK people voted ‘Leave’, against the 16.1million ‘Remain’ voters, meaning that the public has spoken. 


Charleston Gazette-Mail | Uber starts offering rides in WV

Charleston and Morgantown residents can begin taking advantage of on demand transportation today, following Uber’s official launch in the state Tuesday afternoon. 


Former Beaverton clerk pleads guilty to embezzlement – Midland Daily News

Former Beaverton clerk Dana Weiss, 36, remains out on bond after pleading guilty Monday to embezzlement by a public official over $50 in the 55th Circuit Court. 


Bad rap for drive-to-work crowd – Chicago Tribune

There is an odd badge of honor that seems to go with commuting to work by car or truck. 


A guide to driving in the US | Holiday Articles | Luxury & Tailor-Made with Wexas Travel

One of the best things about a trip to the US is the opportunity to try that classic pastime—the great American road trip. There’s nothing quite like piling your bags into a car, and taking off down a wide stretch of open road, completely in control of your own schedule. 


The Strange Connection Between Car Insurance & Hurricanes | Credit.com

Meteorologists and weather reporters often whip up a frenzy about major impending storms, and though many of these peter out with little impact, others leave devastating wreckage in their paths. 


First car insurance claims roll in for Pokemon Go

Pokemon Go, the augmented-reality app that has taken the world by storm recently, is reportedly causing distracted users to engage in unsafe behaviour, including dangerous driving leading to car crashes. 


Explore 2 Month Car Insurance Best Plans At Most Affordable Premiums With Free Help Online | PR Carbon

It is easier to find 2 month car insurance best plans by using the internet to your advantage. 


Car hire: it’s a risky business | IOL

Your flight arrives at the airport, you grab your luggage and head straight for the car hire agency. The process seems efficient enough – you have access to a car in an affordable class and you’re mobile. 


Ensuring drivers get home safe | Bangkok Post: lifestyle

Continuing our Female Leadership series, Life talks to the founders of U Drink I Drive, a business designed to reduce car accidents caused by drunk driving. 


UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums

Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314*motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving. 


Health Insurance Roundup, July 26, 2016


Should Your Small Business Offer Health Insurance? | MONEY

For a small business, helping employees sign up for Obamacare often is the best idea for them. 


Your complete guide to mandatory health insurance in Dubai | GulfNews.com

Isahd (Insurance System for Advancing Healthcare in Dubai) means ‘bringing happiness’ in Arabic and is an initiative by the Dubai Health Authority (DHA) to roll out sustainable health care for all nationals, residents and visitors in Dubai. 


Zenefits Settles With Tennessee Over Unlicensed Health Insurance Sales – Bloomberg

Zenefits reached its first settlement with a state government over its use of unlicensed health insurance brokers, an issue that prompted investigations in at least three other states and led its founding chief executive officer to resign this year. 


Health insurance pricing freed after 3-yr lock-in | Business Standard News

The Insurance Regulatory and Development Authority of India (IRDAI) in its final norms on health regulations has said insurers can change the pricing of a health insurance product every year, three years after its launch. 


Arizona becomes the last state to provide health insurance to low-income children – The Washington Post

Arizona is rejoining a children’s health insurance program for low and middle-income families, becoming the last state in the union to provide coverage for health care, dental care, speech therapy and other services to families who don’t qualify for Medicaid. 


Six things young adults should know about buying health insurance

The alacrity shown by agents when selling health policies is often not seen when claims are submitted. 


Health insurance scheme on the anvil for Brahmins in State – The Hindu

The Andhra Pradesh Brahmin Corporation Chairman and former bureaucrat I.Y.R. Krishna Rao has appealed to the well-to-do Brahmins to reach out to the poor in the community. 


How to Cut Costs If Your Doctor Isn’t Part of Your Health Insurance Network – Consumer Reports

You’ve probably heard the horror stories. You go to a doctor or local hospital and expect that your health insurance will cover your costs. Then you get hit with a huge medical bill, which can leave you on the hook for thousands of dollars. 


Health Insurance Fraud | Jakarta Globe

A sample of a genuine state health insurance (BPJS Kesehatan) card, left, displayed alongside a forged one in Bandung, West Java, on Sunday (24/7).


Look out for insurance loopholes | GulfNews.com

Dubai: While the Dubai Health Authority (DHA) stipulates that all health insurance must cover chronic illnesses, residents need to scour the fine print. 


What’s bad for health insurers may be good for consumers – CBS News

After much speculation, it’s official: The U.S. Department of Justice announced last Thursday that it is suing to block health insurer Anthem’s proposed $48 billion acquisition of Cigna and Aetna’s proposed $34 billion acquisition of Humana. 


An EHIC won’t EVER get you home – the dangers of relying on your health insurance card – Mirror Online

It’s a risk millions of Brits take again and again – just one they don’t know they’re running. These are the dangers we’re putting ourselves in for the sake of a few quid. 


Oscar, a Bay Area insurance option for 2017, touts tech pedigree – San Francisco Chronicle

Starting next year, people in three Bay Area counties will have the option to choose a health insurer that goes by its first name, touts its mobile app and is backed by Silicon Valley venture capitalists. 


Rate hikes show rising health costs and Obamacare’s flaws | The Sacramento Bee

The big rate increases announced last week for health insurance policies sold by California’s version of the federal health reform are the latest evidence that the Affordable Care Act, despite its name, cannot do much to tame the rise of health care costs. 


Why pulling the plug on health insurance mergers was bound to happen | Business | The Guardian

The justice department lawsuits blocking two mergers that would have dramatically consolidated the market signal tougher stance on antitrust concerns. 


Iowa health insurance customers complain about rate hikes

Iowa’s insurance commissioner expressed sympathy Saturday with consumers who are outraged about steep premium increases for health insurance, and about the federal law requiring them to buy policies — but he offered little hope that he could help them much. 


3 Facts About Health Insurance Every Baby Boomer Should Know | Markets-and-stocks | host.madison.com

If you’re approaching retirement, it’s natural to look forward to the leisurely lifestyle you’ve worked hard to earn. But leaving the workforce often means taking on the stress of navigating the complex world of retiree health insurance. Here are three key things you need to know about health insurance as retirement nears. 


10 things to look for while shopping for health insurance | GulfNews.com

Dubai: If you are still shopping for a health insurance you might be looking for a plan that gives you real value for money and provides appropriate coverage with a small component of co-insurance or the percentage of the consultation and treatment that you have to pay as a consumer. 


Mandatory health insurance required for Dubai residents | Al Bawaba

A poll run by Khaleej Times in June showed that 58.58 per cent of the readers had already got covered while the remaining would do so by the end of the year. 


KSA Business: Expert welcomes single health insurance policy plan

Further growth is expected in the health insurance sector in Saudi Arabia after the full application of the single health insurance policy for the employer, according to an insurance expert. 


Employers told to pay health insurance of workers | Sun.Star

Employers must enroll their employees with Philippine Health Insurance Corporation (Philhealth), a government health insurance agency said. 


Empire Editorial: On health care, please clap | Juneau Empire – Alaska’s Capital City Online Newspaper

When was the last time you cheered the fact that the price of something rose 10 percent? 


Cancer survivors hope for better use of sin tax collections in health services | mb.com.ph | Philippine News

Cancer survivors are hoping that President Duterte will include a comprehensive plan to utilize sin taxes when he addresses his first State of the Nation Address (SONA). 


Takeaway on health care issues: Many priorities, not enough cash – Crain’s Detroit Business

Four Democrats, four Republicans and on most issues, perhaps 80 percent agreement. Sounds remarkable, but the lawmakers who joined the Michigan Association of Health Plans summer conference last week at the Grand Traverse Resort were mostly on the same page about major health care issues in the state. 


How UAE residents choose best healthcare provider – Khaleej Times

Word of mouth and previous experience are the most significant factors in how individuals choose healthcare providers in UAE. 


Alternatives to VA health care | Valley Life | argusobserver.com

The health-care system of the Department of Veteran Affairs is always a popular topic of discussion at the coffee table, just about every day! And there are always negative as well as positive points of view. With the latest conversations, the subject of privatized health care in the VA is discussed more than any other. 


Justice Department to Challenge Two Health-Insurance Mergers – WSJ

The U.S. government is close to challenging two proposed mergers between four of the nation’s largest health-insurance companies, according to people familiar with the matter, in what would represent strong pushback against consolidation in the industry. 


Health insurance premium pain soaring

Australian households are spending about 20 per cent more on health insurance than they were in the mid-naughties and the cost has increased most for older couples, an in-depth study reveals. 


Don’t be fooled by the private health insurance industry’s pitch to 30-year-olds

There’s a great con job targeting younger Australians, and the government and insurance industry are in cahoots. 


Covered California announced health insurance rate increases for 2017 | ABC10.com

Covered California unveiled its rates for 2017 on Tuesday and announced that some health insurance plans will be expanding into new areas throughout the state to compete for consumers in California. 


Premera individual health insurance rates to rise almost 10 percent, even with $55 million help from Alaska – Alaska Dispatch News

Alaska’s only insurer on the individual insurance market will raise its rates nearly 10 percent in 2017, a significantly smaller increase than those seen in the past two years, thanks to a $55 million cash injection from the state. 


Umatilla County will have fewer health insurance choices, higher premiums in 2017 – Local News – East Oregonian

Four of the seven companies that offered individual coverage to Umatilla County citizens this year announced they are pulling out of the county next year, citing insufficient payments by the federal government to cover losses from high-risk customers. 


Aditya Birla Firm Registered As 6th Player In Health Insurance – NDTV Profit

Aditya Birla Health Insurance has become the sixth company in India to be registered in the segment, regulator Irda said on Monday. 


Double-Digit Health Insurance Premium Spikes Loom for Maine Individual Market | Heartlander Magazine

Insurers in Maine are proposing to raise individual health plan premiums by as much as 22 percent to cover rising costs imposed by the Affordable Care Act (ACA). 


Fifty-six percent of employers confident public health insurance exchanges will be an option for pre-65 retiree coverage within two years – NASDAQ.com

More than half (56%) of U.S. employers are confident that public health insurance exchanges will be a viable alternative to group health plans for pre-65 retirees by 2018, according to a survey from Willis Towers Watson (NASDAQ:WLTW).


Reedsburg School Board approves health insurance change | Regional news | wiscnews.com

The Reedsburg School Board voted to adjust the Alternative Benefit Plan, which allows employees to receive a payment instead of health insurance if they get insurance through an outside source or another employee in the district. 


Mass. wins delay on federal health insurance rules – The Boston Globe

State and federal officials have negotiated a deal to delay a federal policy that threatened to destabilize health insurance rates at small businesses across Massachusetts. 


Buying health insurance through California exchange could cost you more next year – InsuranceNewsNet

It could cost more to buy health insurance through Covered California for next year, but Californians likely will not see the steep premium increases facing consumers buying coverage through health exchanges in other states. 


Starbucks Widens Workers’ Health-Insurance Options – WSJ

Starbucks Corp. on Monday became one of the most high-profile employers to switch its employees to a private health insurance exchange. 


Loss of employer-based health insurance in early retirement affects mental, physical health | EurekAlert! Science News

The loss of private health insurance from an employer can lead to poorer mental and physical health as older adults transition to early retirement, according to a study by Georgia State University. 


Sub regional leaders to examine national health insurance scheme | Antigua Observer Newspaper

Governments of the Organisation of Eastern Caribbean States (OECS) are to collaborate on a study to investigate the viability of a national health insurance scheme for the sub-region. 


Foreign inmates fall through health insurance cracks – SWI swissinfo.ch

Some 2,000 foreign prisoners sitting in Swiss jails may only be eligible for emergency medical care because they lack insurance for routine treatment, Swiss public television SRF reported. 


Eva Jean Fomalont of beWellnm: Offering health insurance can help NM organizations attract and keep staff – Albuquerque Business First

A recent WalletHub report ranked New Mexico 26th in the country for business startup activity. This is in stark contrast to the news New Mexicans are familiar with about the weak economy, education and poverty issues.  


No visa without health insurance – Saudi Gazette

Employers who do not provide health insurance to employees and their dependents may be banned from recruitment permanently, Al-Madinah Arabic daily reported on Monday. 


Life Insurance Roundup, July 26, 2016


‘Dream car’ bought using Auckland cancer patient’s life insurance stolen | Stuff.co.nz

An “irreplaceable” AC Cobra car – bought using a cancer sufferer’s life insurance money – has been stolen from a fortified garage in Takanini, south Auckland. 


M&A in Life Insurance: Chinese Insurers, Banks Expected to Take Pivotal Role in Domestic Life Insurance M&A | BusinessKorea

he Korea Insurance Research Institute (KIRI) said on July 24 that Chinese insurers and financial holding companies affiliated with banks are likely to become more and more aggressive in the M&A of South Korean life insurance companies and they are expected to act as capital suppliers in the South Korean life insurance industry in need of recapitalization. 


Reliance Nippon Life Insurance launches new offer and other top insurance news

Reliance Nippon Life Insurance, part of Reliance Capital, launched its new offer – ‘Increasing Money Back Plan’. 


NRA sued over non-payment of life insurance claim

A California man is suing the National Rifle Association and its partners for failing to pay on a life insurance claim in the accidental death of his relative, who named him the sole beneficiary of her policy. 


Life insurers infra investments up, equity assets down in FY16 | Business Standard News

Industry officials said this was on account of insurers primarily using bank branch networks to sell policies, apart from using other platforms like web aggregators and insurance marketing firms. 


2016 Fringe Benefits Tax Series #12: Going “All In” on Group-Term Life Insurance

Life insurance is essential for many families, but employees often find it difficult to set aside funds for this purpose, especially in peak spending years when they are raising their kids. 


Planning for a lifetime | Dhaka Tribune

Choosing life insurance policies may be a daunting task for many, from multiple insurance quotes to countless meetings with sales agents. However, having the right life insurance policy could put your mind at ease and provide financial security for you and your family.  


Facilitating Life Settlements

As growing numbers of aging baby boomers turn to their advisors to help them achieve their retirement and estate planning objectives, many estate attorneys are faced with decisions regarding life insurance policies purchased that are no longer relevant. 


South African Life Insurer Discovery Moves Into Japan – International Adviser

South Africa’s third largest insurer by market value, Discovery, has teamed up with Japan’s Sumitomo Life Insurance and SoftBank Group to launch life products into Japan, the company has announced. 


New Allianz Life Study Shows Strong Interest for Financial Solutions that Offer Opportunity for Increasing Income | Business Wire

In order to help address the risks caused by inflation, many Americans are looking to financial products that not only provide guaranteed income in retirement, but also offer the opportunity for their income to increase, according to a new study* by Allianz Life Insurance Company of North America (Allianz Life®) that explores Americans’ perceptions of the rising cost of living. 


Financial advisers seek to overturn life insurance legislation | afr.com

A group of disgruntled advisers says it will be “tripling” its efforts to overturn legislation designed to limit upfront and trailing commissions paid to planners for selling life insurance policies. 


Watch against errors in exchanging life insurance policies

In a recent column, I discussed the advisability of policy owners investigating from time to time the tax-free (Section 1035) exchange of cash-value life insurance and annuity policies.  Such exchanges are sometimes advisable when an older policy is not doing as well for the policyholder as a more modern policy could do. 


New appointments at Azerbaijan’s Pasha Life insurance company

Lala Jafarova and Rustam Mammadov have become members of the Management Board at Azerbaijani insurance company Pasha Life. 


Life Insurance Accounts for the Largest Share of Both Voluntary Inforce and Sales, According to an Eastbridge Report. | Business Wire

Results from Eastbridge Consulting Group’s U.S. State ESI and EPI Data report show that life insurance continues to lead the market in share of both inforce premium and new sales. However, a deeper look at the numbers shows there is more to the story. 


Broker-dealers expected to overtake independent agent channel in life insurance sales

According to a recent report, insurers will be more likely to choose the insurance broker-dealer channel to sell life insurance and annuities instead of the independent agent channel in the next two years. 


Final Expense Life Insurance Premium Up 5% In 2015 – InsuranceNewsNet

Final expense life insurance sales increased 5 percent and policy count rose 4 percent in 2015 (compared with 2014 results), based on a survey by the Life Insurers Council, CSG Actuarial, Inc. and Competiscan. 


How much life insurance is enough?

Start by figuring out what you can afford and how long you will need it for, and then work out the sums. 


China Life Insurance Near Overbought Level After Rally: Chart – Bloomberg

A 15 percent rally in China Life Insurance Co.’s U.S.-traded shares has pushed its relative strength index to near 70, a level that frequently precedes a reversal. When the momentum gauge last breached that line in April 2015, a 10 percent drop followed. 


Allianz Life Insurance Company of North America Financials and News | 30 Best Workplaces in Finance and Insurance

“Titles are not important at Allianz Life. People identify themselves by their department, not their title. Employee’s ideas are considered and valued no matter what rank they hold in the organization,” says an employee. 


BRIEF-Shenzhen Wongtee’s unit plans life insurance firm with partners | Reuters

Shenzhen Wongtee International Enterprise Co Ltd, says unit plans to invest 200 million yuan ($29.89 million) to set up life insurance firm with registered capital of 1 billion yuan with partners. 


City to discuss whole life insurance plan – ddtonline.com: News

City council members at tonight’s meeting will consider approving a whole life policy plan through New York Life Insurance Company, giving employees an opportunity to buy into the plan. 


ICICI Prudential Life Insurance leads ULIPs race with a little help from ICICI Bank – The Financial Express

ICICI Prudential Life Insurance, which is the market leader in the universe of private sector life insurers continues to maintain its lead in unit-linked insurance plans (ULIPs). 


Get The Most Out Of Your Life Insurance Policies Before 2017! – Tax – Canada

Life insurance rules have remained relatively intact since 1982, but that’s about to change. Starting January 1, 2017, new income tax legislation will come into effect that will change some taxation aspects of life insurance policies. 


Life insurance sector sees 33% growth in first quarter

The 24-member Indian life insurance industry ended the first quarter of the current fiscal with a new business premium of Rs 31,392.55 crore – logging a growth of 33.2%, the Life insurance Council of India said, reports a daily newspaper. 


Kolkata | Max Life Insurance launches ‘Cancer Insurance Plan’ | The Echo of India

Max Life Insurance, non-bank promoted private life insurer, a joint venture between Max Financial Services Ltd and Mitsui Sumitomo Insurance Co Ltd, today announced the launch of its new product -‘Max Life Cancer Insurance Plan’–a protection plan that is designed to provide financial assistance across all stages of cancer. 


IndiaFirst Life Insurance Partners with Nainital Bank

IndiaFirst Life Insurance, a joint venture between Bank of Baroda, Andhra Bank and Legal & General (UK) today, announced a partnership with Nainital Bank Limited, for the distribution of its products. 


Enhanced financial modeling software available for U.S. life insurers – NASDAQ.com

Updated U.S. Library of Applications provides life insurers with ways to better manage their books of business. 


ICICI Prudential Life Insurance files DRHP for Rs 5,000-crore IPO – The Economic Times

NEW DELHI: ICICI BankBSE 2.11 % has filed draft red herring prospectus (DRHP) with Sebi for an initial public offer (IPO), worth up to Rs 5,000 crore.


Life insurance industry logs 33% growth in first quarter | Business Standard News

The 24-member Indian industry closed the first quarter of the current fiscal with a new business premium of Rs 31,392.55 crore, logging a growth of 33.2%, the Life Insurance Council of India said. 


Credit life insurance provides a safety net for borrowers, Business, Phnom Penh Post

More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability. 


Cash Value Life Insurance: The Best Financial Safe Haven

I had thought that Treasury bonds were supposed to be the gold standard for investment safety.  The financial safe haven to the world.


IndiaFirst Life Insurance partners Nainital Bank – Times of India

Mumbai, Jul 18 () IndiaFirst Life Insurance today announced a partnership with Nainital Bank for distribution of its products. 


The Hartford Integrates Dental, Vision Coverage With Its Disability, Life Insurance For Small Businesses

The Hartford has integrated dental and vision coverage with its group disability and life insurance enabling brokers to create comprehensive benefits packages for small businesses with fewer than 50 employees. 


Car Insurance Roundup, July 25, 2016


Don’t fall for the car insurance “loyalty discount”

Having written in the personal finance space for some time now, I’m all too familiar with the car insurance auto-renewal ripoff, where your insurer hikes up the price of your premium each year. 


Auto insurer wants to hike rates on older drivers – CBS News

Downeasters have a bone to pick with Flo, the perky Progressive insurance spokeswoman. The car insurer wants to raise rates for certain Maine residents just because they got older. 


Insurance premium for Qatar’s ‘risky’ drivers set to increase – Transport – ArabianBusiness.com

Car insurance firms in Qatar have been permitted for the first time to charge a higher premium for “risky drivers”, it was reported on Sunday. 


Angry Leeds makes parking rage top ten – Yorkshire Evening Post

The city is listed at number seven in the worst places for parking rage in a poll by Privilege car insurance. 


The ‘tampon tax’ is not a marginal issue – it’s the force of structural sexism at work | Gabrielle Jackson | Opinion | The Guardian

I’m sick of conversations about the tax on tampons being shut down by claims that there are more important issues to worry about. Of course there are. 


Animals cause £500,000 of damage to cars | Plymouth Herald

The over 50s are keen motorists but it appears animals are disrupting their daily journeys as they caused more than £500,000 worth of damage to people’s vehicles last year, according to data from the last 12 months. 


Thunderstorm topples trees, crushes cars in Newington – Central Connecticut Communications: New Britain Herald

Residents dealt with the aftermath of Friday night’s thunderstorm right through the weekend, assessing damage to cars, homes and streets. 


Free Car Insurance Quotes Are Now Available Online on a Single Website!

Car owners can always benefit from comparing online auto insurance quotes. They will be able to find low cost policies in their areas and enjoy better financial protection. 


How car insurance companies spy on your mileage | Fusion

Your car insurance company may have a surprising way to spy on your odometer. 


Car insurance firms blame fraud for rise in premiums – July – 2016 – Which? News

Fraudulent personal injury claims have been cited as a key factor behind the rising cost of car insurance.


Qualifying for lower car insurance

All-Risks Insurance Brokers Ltd. in Waterloo offers competitive rates for car owners and can help you to reduce your premiums with some practical tips. 


Car insurance ‘to rise 38pc next year’ – Independent.ie

Car insurance companies are clawing back huge profits with massive premium increases and unless the government takes action drivers face hikes of 38pc next year, an expert has warned. 


Study: Black Car Owners Pay More For Auto Insurance Than Whites | Black Matters

A new report published by 4AutoInsuranceQuote.com shows that Black Americans pay hundreds of dollars more for car insurance than whites. 


Things You Most Likely Do Not Know About Car Insurance – The Global Dispatch

Nowadays, insurance is necessary for individuals from all around the world. It is really important that we safeguard our most prized possessions and that we make good choices that will have a positive impact in the future. 


Woman refused insurance because of rude Cock Inn pub name – Suffolk Free Press

The landlady of an award-winning pub was refused car insurance – because the traditional boozer is called ‘The Cock Inn’. 


Maine lawmaker aims to block attempt to raise car insurance rates for older drivers – The Portland Press Herald / Maine Sunday Telegram

The House chairman of the Legislature’s Insurance and Financial Services Committee said Tuesday that he will try to block any effort by Progressive Corp. to raise car insurance premiums for seniors in Maine based solely on their age. 


Vehicle insurance fraud reaches P1b annually – The Standard

The Philippine Insurers and Reinsurers Association said the industry was losing millions to motor car insurance fraud committed by individuals or organized groups. 


Car insurance cos come to Bhopal residents’ rescue, initiate claims

Since the last few days, monsoon has been relentless in Bhopal causing floods and major havoc in the city, electricity is also snapped off at large parts of the city. There have been instances of huge damages caused to houses, cars and other establishments. 


Go Online For Finding The Best Car Insurance No Credit Check Policy Within Few Minutes | PR Carbon

These days it is possible to locate companies which offer car insurance that does not check credit buyers and the right place to find them is the internet. 


Hollard updates its travel insurance policy

Hollard customers will no longer have to first gain authorisation for certain medical emergencies while travelling. 


Britons cop more than 600 MILLION personal-injury related cold calls in ONE YEAR | Daily Mail Online

Britons received more than 600 million personal-injury related cold calls. A further 117 million nuisance texts were also sent during last year. The total communication effort equals 2 million cold calls and texts a day. 


Letters: A Brexit deal can mean maximum free trade and no freedom of movement

Sir, In your report on the worldwide hunt for trade negotiators, you quoted Pascal Lamy, the former World Trade Organisation chief, saying: “You’ve got people on the Brexit side, protectionists who want to protect from Chinese dumping.” 


European Equities Advance as British Employment Rate Rises, Health Care Stocks Gain – NASDAQ.com

European stocks were higher on Wednesday morning as fresh data showed that Britain’s employment rate was at its highest level in 45 years, standard employment gained in Germany and health care stocks climbed across the board. 


Brexit: how could it affect the classic car industry? | Classic and Performance Car

Brexit. A term coined to describe the the United Kingdom’s decision to sever ties with the European Union, making a go of it alone. Beating the odds and predictions, 17.4million UK people voted ‘Leave’, against the 16.1million ‘Remain’ voters, meaning that the public has spoken. 


Charleston Gazette-Mail | Uber starts offering rides in WV

Charleston and Morgantown residents can begin taking advantage of on demand transportation today, following Uber’s official launch in the state Tuesday afternoon. 


Former Beaverton clerk pleads guilty to embezzlement – Midland Daily News

Former Beaverton clerk Dana Weiss, 36, remains out on bond after pleading guilty Monday to embezzlement by a public official over $50 in the 55th Circuit Court. 


Bad rap for drive-to-work crowd – Chicago Tribune

There is an odd badge of honor that seems to go with commuting to work by car or truck. 


A guide to driving in the US | Holiday Articles | Luxury & Tailor-Made with Wexas Travel

One of the best things about a trip to the US is the opportunity to try that classic pastime—the great American road trip. There’s nothing quite like piling your bags into a car, and taking off down a wide stretch of open road, completely in control of your own schedule. 


The Strange Connection Between Car Insurance & Hurricanes | Credit.com

Meteorologists and weather reporters often whip up a frenzy about major impending storms, and though many of these peter out with little impact, others leave devastating wreckage in their paths. 


First car insurance claims roll in for Pokemon Go

Pokemon Go, the augmented-reality app that has taken the world by storm recently, is reportedly causing distracted users to engage in unsafe behaviour, including dangerous driving leading to car crashes. 


Explore 2 Month Car Insurance Best Plans At Most Affordable Premiums With Free Help Online | PR Carbon

It is easier to find 2 month car insurance best plans by using the internet to your advantage. 


Car hire: it’s a risky business | IOL

Your flight arrives at the airport, you grab your luggage and head straight for the car hire agency. The process seems efficient enough – you have access to a car in an affordable class and you’re mobile. 


Ensuring drivers get home safe | Bangkok Post: lifestyle

Continuing our Female Leadership series, Life talks to the founders of U Drink I Drive, a business designed to reduce car accidents caused by drunk driving. 


UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums

Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314*motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving.