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Insurance News

Insurance news continually updated from thousands of sources around the net.

2 hrs ago | Business Insurance

Saudi Arabia tops the opportunity index of global insurance industry, says Aon Benfield

Saudi Arabia leads the country opportunity index in Aon Benfield Group Ltd.'s 2014 Insurance Risk Study, followed by Ecuador and Singapore, reports Saudi Gazette. Aon Benfield said the property/casualty industry achieved a global underwriting profit in 2013, adding that property/casualty premium volume is likely to grow 18% in the next five years to $1.6 trillion by 2018.

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6 hrs ago | Brandon Sun

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down seven cents, or 2.99 per cent, to $2.27 on 7.4 million shares.

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Related Topix: Microfinancial, Food, Leasing, Financial Services, Maple Leaf Foods, Smart and Final, Retail, Manulife Financial, Canadian Natural Resources, Energy, Oil & Gas

9 hrs ago | Customer Interaction Solutions

FireEye unveils CREATE programme for insurance industry [ITP.net (United Arab Emirates)]

Via Acquire Media NewsEdge) FireEye Inc, a provider of security solutions that stop today's advanced cyber-attacks, has announced the Cyber Risk Evaluation and Threat Engagement programme, addressing insurance brokers' and underwriters' critical need to gain visibility into enterprises' exposure to cyber threats. The company said Lockton Inc, the largest privately held, independent insurance broker in the world, will serve as the CREATE programme's inaugural partner.

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Related Topix: United Arab Emirates, Middle East, World News

12 hrs ago | GlobeNewswire

Navigators Launches New Cyber Liability & Privacy/Data Breach...

The Navigators Group, Inc. today announced that its principal underwriting agency subsidiary, Navigators Management Company, Inc., has launched a new Cyber Liability & Privacy/Data Breach Coverage product called "NAVSecure ," providing pre- and post-breach solutions to cyber liability and privacy/data breach events in response to heightened demand. "Cyber security is front-page news and every day we read about another business or government agency that has fallen prey to new, complex and increasingly sophisticated cyber crime," said Stuart M. Kohn, Vice President of the Specialty Professional Liability division and Cyber Liability & Privacy/Data Breach Coverage practice leader.

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Related Topix: Navigators Group Inc The, Privacy

16 hrs ago | Sys-Con Media

Global Mobile Phone Insurance Industry Database

As device vendors intensely compete by launching new and unique Smartphone models, insurance companies are heavily capitalizing on device specific insurance plans. With global revenues of over in 2013, the industry is set to grow at a CAGR of 17 % over the next five years.

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20 hrs ago | The Columbus Dispatch

Nationwide reorganizes to focus on single brand

The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 a.m. every day.

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Related Topix: Financial Services, Nationwide Financial Services, Investment Services

Sun Sep 14, 2014

Investopedia

Falling Giant: A Case Study Of AIG

What was once the unthinkable occurred on September 16, 2008. On that date, the federal government gave the American International Group - better known as AIG - a bailout of $85 billion.

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Related Topix: American International Group, Economics News, Bankruptcy, Home, Mortgage, Foreclosures

Business Journal

411 building's new owner unveils extensive renovation plans: Slideshow

Riverview Realty Partners of Chicago recently invited heavy-hitters from Milwaukee's brokerage community to see the planned renovations to the 30-story downtown 411 office tower. They are the first details Riverview Realty unveiled about its commitment to spend $17.5 million upgrading the building.

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Related Topix: Milwaukee, WI, Northwestern Mutual, Menomonee Falls, WI

Worcester Telegram & Gazette

Campaign broadens to make Worcester 'The City That Reads'

The organizers of a soon-to-kick-off communitywide literacy initiative believe that it takes a village - a city, in this case - to most effectively put the spotlight on the importance of daily reading. "20 minutes, every child, every day" is the motto of the new Worcester: The City That Reads campaign, which shares its name with a long-running book drive started by School Committee member John Monfredo.

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Related Topix: Hanover Insurance, Marketing

The Motley Fool

How to Invest in Stocks Like Billionaire Warren Buffett

Warren Buffett is the greatest investor of all time so it is worthwhile to figure out how to invest in stocks like he does. Thankfully, Warren has spent his life giving away his wisdom on investing for free to all who would listen.

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Related Topix: Financial Markets, Warren Buffett, Business Wire, Construction, Berkshire Hathaway , Startups, Berkshire Hathaway, Empire Group, Investment Services

Business Insurance

Panama Canal expansion brings new risks to marine insurance industry

Work continues last month on the outskirts of Panama City on the $5 billion Panama Canal expansion and modernization, which was supposed to be completed in time to mark the waterway's 100th anniversary in August. The project will allow ships almost three times larger to go through the canal.

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Business Insurance

Aging insurance industry seeks to replenish its ranks with young recruits

The insurance industry has jobs to offer because up to one-quarter of the current workforce could retire in the next several years, as well as opportunities that range from working from home to learning about the jungle. That's particularly true for recent college graduates looking for their first jobs, said Debra Richardson, a lecturer and faculty adviser at the University of North Texas in Denton, where she teaches risk management.

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Related Topix: University of North Texas

BleacherReport

Mayweather vs. Maidana 2: Undercard Highlights, Scorecards and Purse Info

As seems to be the case each year, Mayweather Promotions went all out to make boxing's marquee fall pay-per-view event a robust card with plenty of competitive action and a blend of up-and-coming and old faces alike. For some, the card was everything fans could ask for as the slate seemed sure to build toward the main event nicely, but for others, it seemed to be limited by budget restraints or a lack of willing participants.

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Related Topix: Molina Healthcare

Sat Sep 13, 2014

Independent.ie

The Standard Life windfall - and what you should do next

WINDFALL: The payout is good news for the insurer's 60,000 Irish shareholders - as long as they're careful about tax. Standard Life 's 60,000 Irish shareholders will start to receive letters over the next few days explaining how they can take up a windfall of as much as a 1,000 with the company.

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Related Topix: Manulife Financial

PR-inside.com

Personal Accident and Health Insurance Claims and Expenses in Malta...

It contains detailed historic and forecast data for claims and expenses. "Personal Accident and Health Insurance Claims and Expenses in Malta to 2018: Market Databook" provides detailed insight into the operating environment of the personal accident and health insurance industry in Malta .

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Reuters

Allianz plans to sell U.S. consumer business: paper

German insurer Allianz is planning to sell the personal insurance business of its U.S. subsidiary Fireman's Fund as the unit continues to miss its targets, a German newspaper reported. Fireman's Fund's commercial coverage focused on small and medium-sized U.S. businesses will be integrated into Allianz' industrial insurance unit called Allianz Global Corporate & Specialty, Sueddeutsche Zeitung reported on Saturday.

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Related Topix: Allianz AG

Examiner.com

How apps are transforming the insurance industry

Historically, the insurance industry has been rooted in paper-based forms that resulted in slow response times, bloated overhead, lost records, and faulty verification. The industry, with many of its organizations led by old school executives, has also been slower to digitize compared to other sectors such as banking, retail, and pharmacy.

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Related Topix: Prison

Seeking Alpha

Cigna Corp.: The Leading Healthcare Insurance Provider

Cigna Corporation has had an exciting year with outstanding results in its global and commercial healthcare insurance business. The company is proving to have a very positive outlook due to a number of factors.

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Related Topix: Cigna, Beverages, United Group, Wellpoint Health Networks

Reuters

RPT-Gilead to raise price for new hepatitis C drug above $84,000

The next generation version of Gilead Sciences Inc's $84,000 hepatitis C drug, already under fire for its record-breaking costs, is going to be even more expensive. Gregg Alton, Gilead's executive vice president of corporate and medical affairs, declined to give an exact price for the new medicine, the first all-oral treatment for the virus which is expected to launch next month.

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Related Topix: Biotech, Medicine, Gilead Sciences, Healthcare Industry, Hepatitis, Startups, Molina Healthcare

The Washington Post

U.S. Stocks Decline on Fed Speculation After Retail Sales Climb

U.S. stocks fell, giving the Standard & Poor's 500 Index its first weekly drop in more than a month, as investors speculated the Federal Reserve may raise interest rates sooner than estimated after retail sales climbed at the fastest pace in four months. Energy shares in the S&P 500 fell 1.5 percent, extending losses for the week to 3.7 percent.

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Related Topix: Financial Markets, Manufacturing, Construction, Caterpillar, Startups, Yahoo!, Financial Services, Alliance Data Systems, Computers, New York, Science / Technology

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