http://www.news-insurances.com News-Insurances.com is an independent online media providing the latest insurance news for the insurance industry and consumers Mon, 06 Sep 2010 23:35:21 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 http://www.news-insurances.com/new-zealand-earth-quake-aftermath/0167309504 http://www.news-insurances.com/new-zealand-earth-quake-aftermath/0167309504#comments Mon, 06 Sep 2010 08:04:52 +0000 Barbara karouski http://www.news-insurances.com/?p=309504 An earth quake of a 7.1 magnitude hit New Zealand’s second biggest city keeping it running slow this Monday.   Many businesses in the South Island city of Christchurch remain closed as a state of emergency was extended until Wednesday after the country’s most damaging earthquake in 80 years tore up roads, smashed water and sewers [...]]]> http://www.news-insurances.com/new-zealand-earth-quake-aftermath/0167309504/feed 0 http://www.news-insurances.com/weather-hurricane-earl-category-4-storm-heads-toward-u-s-east-coast/0167303832 http://www.news-insurances.com/weather-hurricane-earl-category-4-storm-heads-toward-u-s-east-coast/0167303832#comments Fri, 03 Sep 2010 09:25:58 +0000 Tom Scott http://www.news-insurances.com/?p=303832 North Carolina officials ordered a mandatory evacuation for visitors to be expanded to all of Dare County this morning and urged residents living along the ocean to relocate because waves are expected to wash over roads when Hurricane Earl passes by later tonight. Currituck County has called for a mandatory evacuation of visitors on the [...]]]> http://www.news-insurances.com/weather-hurricane-earl-category-4-storm-heads-toward-u-s-east-coast/0167303832/feed 0 http://www.news-insurances.com/analysis-aon-benfield%e2%80%99s-report-on-global-natural-perils-in-august/0167301294 http://www.news-insurances.com/analysis-aon-benfield%e2%80%99s-report-on-global-natural-perils-in-august/0167301294#comments Thu, 02 Sep 2010 12:38:23 +0000 Barbara karouski http://www.news-insurances.com/?p=301294 Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases its latest Monthly Cat Recap report, which provides an analysis of global natural perils in August. Published by the Impact Forecasting team, Aon Benfield’s catastrophe model development center of excellence, the report reveals that the month was dominated by historic floods in Pakistan [...]]]> http://www.news-insurances.com/analysis-aon-benfield%e2%80%99s-report-on-global-natural-perils-in-august/0167301294/feed 0 http://www.news-insurances.com/obama-says-health-reform-expended-medicare/0167246870 http://www.news-insurances.com/obama-says-health-reform-expended-medicare/0167246870#comments Mon, 09 Aug 2010 15:46:17 +0000 Damian Dozol http://www.news-insurances.com/?p=246870 US President Barack Obama showcased Friday his health care reform for the elderly, saying it had significantly extended the life of a health insurance program designed for them. “Reform has actually added at least a dozen years to the solvency of Medicare — the single longest extension in history — while helping to preserve Medicare [...]]]> http://www.news-insurances.com/obama-says-health-reform-expended-medicare/0167246870/feed 0 http://www.news-insurances.com/pakistan-hit-by-worst-floods-since-1929/0167233152 http://www.news-insurances.com/pakistan-hit-by-worst-floods-since-1929/0167233152#comments Tue, 03 Aug 2010 14:50:21 +0000 Damian Dozol http://www.news-insurances.com/?p=233152 Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an analysis of worldwide catastrophic events in July. Published by the company’s Impact Forecasting team, who evaluate global perils for the re/insurance industry, the report highlights that the month witnessed some of [...]]]> http://www.news-insurances.com/pakistan-hit-by-worst-floods-since-1929/0167233152/feed 0 http://www.news-insurances.com/weather-warning-%e2%80%93-july-27-heavy-rain-expected-in-east-of-england-and-east-midland/0167219196 http://www.news-insurances.com/weather-warning-%e2%80%93-july-27-heavy-rain-expected-in-east-of-england-and-east-midland/0167219196#comments Tue, 27 Jul 2010 15:21:56 +0000 Damian Dozol http://www.news-insurances.com/?p=219196 The Met Office has issued on Tuesday a weather warning from 15.30 to 20.00 for East of England and East Midland. Heavy rain is expected in local areas like Norfolk, Peterborough and Lincolnshire. “Heavy and perhaps thundery showers will continue to move east across parts of East Anglia and south Lincolnshire over the next few [...]]]> http://www.news-insurances.com/weather-warning-%e2%80%93-july-27-heavy-rain-expected-in-east-of-england-and-east-midland/0167219196/feed 0 http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498 http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498#comments Fri, 23 Jul 2010 07:19:03 +0000 Sofia Ashmore http://www.news-insurances.com/?p=212498 Insurers may hike premiums for flood-prone properties in Singapore after a deluge caused millions of dollars in damage and led to luxury stores being barricaded with sandbags, a report said Friday. “Three floods within a one-month period is unprecedented in Singapore,” General Insurance Association president Derek Teo told the Straits Times as businesses and homeowners [...]]]> http://www.news-insurances.com/home-and-vehicle-insurance-singapore-flood-risk-alarms-insurers/0167212498/feed 0 http://www.news-insurances.com/weather-warning-%e2%80%93july-16-2010-italy-sweltering-in-major-heatwave/0167200568 http://www.news-insurances.com/weather-warning-%e2%80%93july-16-2010-italy-sweltering-in-major-heatwave/0167200568#comments Fri, 16 Jul 2010 12:59:32 +0000 Sofia Ashmore http://www.news-insurances.com/?p=200568 Italy’s civil protection agency Friday placed 18 cities including Rome and Milan on maximum alert as the country experienced a major heatwave that was set to worsen at the weekend. From the northern cities of Trieste, Venice and Genoa to southern Naples, temperatures soared to over 40 degrees Celsius, some five degrees above seasonal averages. [...]]]> http://www.news-insurances.com/weather-warning-%e2%80%93july-16-2010-italy-sweltering-in-major-heatwave/0167200568/feed 0 http://www.news-insurances.com/new-delay-in-who-reassessment-on-swine-flu-pandemic/0167198754 http://www.news-insurances.com/new-delay-in-who-reassessment-on-swine-flu-pandemic/0167198754#comments Thu, 15 Jul 2010 15:08:19 +0000 Sofia Ashmore http://www.news-insurances.com/?p=198754 Experts advising the World Health Organisation on whether to end the year-old swine flu pandemic alert could now meet as late as August, the agency’s chief said Wednesday. An emergency committee of 15 scientists headed by Australian infectious diseases expert John Mackenzie was meant to reassess by mid-July whether to recommend an end to the [...]]]> http://www.news-insurances.com/new-delay-in-who-reassessment-on-swine-flu-pandemic/0167198754/feed 0 http://www.news-insurances.com/weather-warning-%e2%80%93-july-15-2010-heavy-rain-expected-in-northern-ireland/0167198382 http://www.news-insurances.com/weather-warning-%e2%80%93-july-15-2010-heavy-rain-expected-in-northern-ireland/0167198382#comments Thu, 15 Jul 2010 11:20:26 +0000 Damian Dozol http://www.news-insurances.com/?p=198382 The Met Office has issued on Thursday a weather warning in Northern Ireland from 14.00 to 21.00. Heavy rain is expected in locals areas like Antrim, Armagh, Derry, Down, Fermanagh and Tyrone. “Heavy thundery showers this afternoon are expected to give accumulations of 15mm within a 3 hour period, with isolated accumulations through the afternoon [...]]]> http://www.news-insurances.com/weather-warning-%e2%80%93-july-15-2010-heavy-rain-expected-in-northern-ireland/0167198382/feed 0 http://www.news-insurances.com/weather-warning-july-13-2010-heavy-rain-expected-in-wales/0167194552 http://www.news-insurances.com/weather-warning-july-13-2010-heavy-rain-expected-in-wales/0167194552#comments Tue, 13 Jul 2010 12:38:04 +0000 Damian Dozol http://www.news-insurances.com/?p=194552 The Met office has issued on Tuesday a weather warning in Wales. Heavy rain is expected today from 13.30 to 20.00 in local areas like Ceredigion, Conwy, Flintshire, Powys and Swansea. “Heavy rain will spread northwards across western and northern parts of Wales during the afternoon. This will give rainfall totals of 15mm in 3 [...]]]> http://www.news-insurances.com/weather-warning-july-13-2010-heavy-rain-expected-in-wales/0167194552/feed 0 http://www.news-insurances.com/weather-warning-%e2%80%93-july-12-2010-heavy-rain-expected-in-east-of-england/0167192534 http://www.news-insurances.com/weather-warning-%e2%80%93-july-12-2010-heavy-rain-expected-in-east-of-england/0167192534#comments Mon, 12 Jul 2010 12:27:23 +0000 Damian Dozol http://www.news-insurances.com/?p=192534 The Met Office has issued a weather warning for East of England, in Norfolk and Suffolk. Heavy rain is expected today until 4 pm. “Heavy and possibly thundery rain will spread northwards across parts of East Anglia during this afternoon, giving rainfall totals of 15mm in 3 hours, and locally up to 20mm”, Met Office [...]]]> http://www.news-insurances.com/weather-warning-%e2%80%93-july-12-2010-heavy-rain-expected-in-east-of-england/0167192534/feed 0 http://www.news-insurances.com/bp-oil-spill-costs-soar-above-3-billion-dollars/0167181736 http://www.news-insurances.com/bp-oil-spill-costs-soar-above-3-billion-dollars/0167181736#comments Tue, 06 Jul 2010 17:05:02 +0000 Damian Dozol http://www.news-insurances.com/?p=181736 BP’s costs over the Gulf of Mexico oil spill soared Monday above three billion dollars, while a giant Taiwanese ship provided hope of revolutionizing on-sea skimming operations. “The cost of the response to date amounts to approximately 3.12 billion dollars, including the cost of the spill response, containment, relief well drilling, grants to the Gulf [...]]]> http://www.news-insurances.com/bp-oil-spill-costs-soar-above-3-billion-dollars/0167181736/feed 0 http://www.news-insurances.com/hurricane-alex-threatens-mexico-texas/0167173860 http://www.news-insurances.com/hurricane-alex-threatens-mexico-texas/0167173860#comments Thu, 01 Jul 2010 15:05:52 +0000 Damian Dozol http://www.news-insurances.com/?p=173860 Hurricane Alex picked up strength in the western Gulf of Mexico on Wednesday, heading towards northeastern Mexico and Texas and disrupting oil cleanup operations off the coast of Louisiana. Alex, which became the first hurricane of the 2010 Atlantic season late Tuesday, was packing winds of 80 miles (130 kilometers) per hour, the Miami-based National [...]]]> http://www.news-insurances.com/hurricane-alex-threatens-mexico-texas/0167173860/feed 0 http://www.news-insurances.com/costly-us-health-care-falls-short-report/0167158486 http://www.news-insurances.com/costly-us-health-care-falls-short-report/0167158486#comments Thu, 24 Jun 2010 10:01:02 +0000 Damian Dozol http://www.news-insurances.com/?p=158486 The US health care system is the costliest in the world, but underperforms relative to many other industrialized nations, according to a study released Wednesday. The report by the Commonwealth Fund, a private foundation focused on health, updated its comparison of the US medical care system to those in Australia, Canada, Germany, the Netherlands, New [...]]]> http://www.news-insurances.com/costly-us-health-care-falls-short-report/0167158486/feed 0 http://www.news-insurances.com/health-insurance-obama-vows-no-backtracking-on-health-care-unveils-new-rules/0167156586 http://www.news-insurances.com/health-insurance-obama-vows-no-backtracking-on-health-care-unveils-new-rules/0167156586#comments Wed, 23 Jun 2010 12:08:23 +0000 Damian Dozol http://www.news-insurances.com/?p=156586 US President Barack Obama unveiled new measures Tuesday implementing the landmark health care bill that became law this year, telling opponents of the plan that “we’re not going back.” Three months after the enactment of the law that aims to extend medical coverage to 32 million Americans, Obama announced the new rules which he said [...]]]> http://www.news-insurances.com/health-insurance-obama-vows-no-backtracking-on-health-care-unveils-new-rules/0167156586/feed 0 http://www.news-insurances.com/are-you-braced-for-the-2010-hurricane-season/0167156408 http://www.news-insurances.com/are-you-braced-for-the-2010-hurricane-season/0167156408#comments Wed, 23 Jun 2010 10:18:21 +0000 George Stobbart http://www.news-insurances.com/?p=156408 2009 WAS AN EXCEPTIONALLY CALM YEAR FOR US HURRICANES: Losses from natural catastrophes and man-made disasters have continuously trended upwards in the past two decades (Munich Re report) and we have seen high volatility from one year to the next. In 2009, there were no major hurricanes on the scale of Katrina (2005) or Ike [...]]]> http://www.news-insurances.com/are-you-braced-for-the-2010-hurricane-season/0167156408/feed 0 http://www.news-insurances.com/weather-warning-%e2%80%93-june-18-2010-heavy-rain-in-wales/0167147404 http://www.news-insurances.com/weather-warning-%e2%80%93-june-18-2010-heavy-rain-in-wales/0167147404#comments Fri, 18 Jun 2010 14:22:23 +0000 Damian Dozol http://www.news-insurances.com/?p=147404 The Met Office has issued a weather warning for Wales, West Midlands and South West England. Heavy rain is expected today from 1500 to 2300. Heavy and slow-moving showers will affect some areas this afternoon and may give totals in excess of 15 mm in three hours. The public are advised to take extra care [...]]]> http://www.news-insurances.com/weather-warning-%e2%80%93-june-18-2010-heavy-rain-in-wales/0167147404/feed 0 http://www.news-insurances.com/incumbent-lincoln-holds-arkansas/0167129758 http://www.news-insurances.com/incumbent-lincoln-holds-arkansas/0167129758#comments Wed, 09 Jun 2010 08:36:55 +0000 George Stobbart http://www.news-insurances.com/?p=129758 Two-time Arkansas Democratic Senator Blanche Lincoln overcame anti-incumbent sentiment Tuesday to win a hardfought run-off against upstart challenger Bill Halter. Lincoln, whose campaign had enjoyed support from President Barack Obama as well as the service of former President Bill Clinton during campaigning, squeezed home by a 51.9 percent to 48.1 percent margin. Halter and Lincoln [...]]]> http://www.news-insurances.com/incumbent-lincoln-holds-arkansas/0167129758/feed 0 http://www.news-insurances.com/politicians-fight-anti-incumbent-anger-in-us-primaries/0167129730 http://www.news-insurances.com/politicians-fight-anti-incumbent-anger-in-us-primaries/0167129730#comments Wed, 09 Jun 2010 08:24:18 +0000 George Stobbart http://www.news-insurances.com/?p=129730 US voters headed to the polls Tuesday to choose candidates for November’s midterm elections, with Democrats and Republicans alike battling to overcome a wave of anti-incumbent sentiment. With President Barack Obama focusing squarely on the disastrous Gulf of Mexico oil spill, 12 of 50 states were selecting candidates in primaries which could set the tone [...]]]> http://www.news-insurances.com/politicians-fight-anti-incumbent-anger-in-us-primaries/0167129730/feed 0 http://www.news-insurances.com/white-house-threatens-greenhouse-gas-bill-veto/0167129666 http://www.news-insurances.com/white-house-threatens-greenhouse-gas-bill-veto/0167129666#comments Wed, 09 Jun 2010 08:00:31 +0000 George Stobbart http://www.news-insurances.com/?p=129666 The White House Tuesday cited the specter of the Gulf oil spill as it threatened a presidential veto of a Republican bid to block the government’s ability to regulate greenhouse gas emissions. Officials said that the bill, designed to crimp the power of the Environmental Protection Agency (EPA) would prevent the implementation of 2007 decision [...]]]> http://www.news-insurances.com/white-house-threatens-greenhouse-gas-bill-veto/0167129666/feed 0 http://www.news-insurances.com/tropical-storm-agatha-kills-more-than-100-in-central-america/0167114690 http://www.news-insurances.com/tropical-storm-agatha-kills-more-than-100-in-central-america/0167114690#comments Tue, 01 Jun 2010 15:12:39 +0000 Damian Dozol http://www.news-insurances.com/?p=114690 A violent storm that walloped Central America over the weekend killed more than 100 people and left a swath of destruction, officials said Monday. Tropical Storm Agatha, the first in a season of tempests that annually strikes the region, was especially brutal in Guatemala, where 92 deaths were recorded, mostly from mudslides. Another 54 people [...]]]> http://www.news-insurances.com/tropical-storm-agatha-kills-more-than-100-in-central-america/0167114690/feed 0 http://www.news-insurances.com/tropical-storm-risk-warns-of-active-2010-hurricane-season/0167113908 http://www.news-insurances.com/tropical-storm-risk-warns-of-active-2010-hurricane-season/0167113908#comments Mon, 31 May 2010 16:47:25 +0000 Damian Dozol http://www.news-insurances.com/?p=113908 Tropical Storm Risk (TSR), which provides real-time mapping and prediction of tropical cyclone windfields worldwide and is co-sponsored by Aon Benfield, today releases its pre-season outlook report* to coincide with the start of the 2010 Atlantic hurricane season. The report anticipates Atlantic basin and U.S. landfalling hurricane activity being 55% above the long-term (1950-2009) norm. [...]]]> http://www.news-insurances.com/tropical-storm-risk-warns-of-active-2010-hurricane-season/0167113908/feed 0 http://www.news-insurances.com/obama-highlights-benefits-of-health-reform/0167107364 http://www.news-insurances.com/obama-highlights-benefits-of-health-reform/0167107364#comments Mon, 10 May 2010 08:23:35 +0000 Damian Dozol http://www.news-insurances.com/?p=107364 US President Barack Obama highlighted the benefits of the newly-adopted health care reform on Saturday, saying it had already made insurance companies more accountable. “Aside from providing real, tangible benefits to the American people, the new health care law has also begun to end the worst practices of insurance companies,” Obama said in his weekly [...]]]> http://www.news-insurances.com/obama-highlights-benefits-of-health-reform/0167107364/feed 0 http://www.news-insurances.com/lawyers-on-the-prowl-after-us-oil-spill/0167107354 http://www.news-insurances.com/lawyers-on-the-prowl-after-us-oil-spill/0167107354#comments Mon, 10 May 2010 08:09:53 +0000 Damian Dozol http://www.news-insurances.com/?p=107354 Armies of lawyers are turning their sights to the massive oil slick spreading across the Gulf of Mexico, eagerly seeking damages from the companies at the center of the disaster. Lawyers who faced a massive onslaught of demands after Hurricane Katrina devastated the Gulf Coast in 2005 are now flooded with calls from oil workers [...]]]> http://www.news-insurances.com/lawyers-on-the-prowl-after-us-oil-spill/0167107354/feed 0 http://www.news-insurances.com/rig-owner-sets-aside-200-million-dollars-for-us-oil-disaster/0167106264 http://www.news-insurances.com/rig-owner-sets-aside-200-million-dollars-for-us-oil-disaster/0167106264#comments Thu, 06 May 2010 15:48:52 +0000 Damian Dozol http://www.news-insurances.com/?p=106264 The owner of the rig at the center of the Gulf of Mexico oil disaster said Thursday it had set aside 200 million dollars to pay for what now threatens to become an environmental catastrophe. Transocean, the world’s largest offshore drilling contractor, said it still did not know why the Deepwater Horizon exploded, killing 11 [...]]]> http://www.news-insurances.com/rig-owner-sets-aside-200-million-dollars-for-us-oil-disaster/0167106264/feed 0 http://www.news-insurances.com/400-killed-thousands-injured-in-china-quake/016774010 http://www.news-insurances.com/400-killed-thousands-injured-in-china-quake/016774010#comments Thu, 15 Apr 2010 07:53:03 +0000 Damian Dozol http://www.news-insurances.com/?p=74010 A strong earthquake and aftershocks rattled northwestern China’s Qinghai Province over the last 15 hours, killing at least 400 and injuring over 10,000, according to Xinhua. At least 18 aftershocks have hit the region since the main tremor. The quake was measured by the USGS at magnitude-6.9 with at least three aftershocks of at least [...]]]> http://www.news-insurances.com/400-killed-thousands-injured-in-china-quake/016774010/feed 0 http://www.news-insurances.com/boeing-plans-150-million-dollar-charge-under-health-care-law/016759446 http://www.news-insurances.com/boeing-plans-150-million-dollar-charge-under-health-care-law/016759446#comments Tue, 06 Apr 2010 15:34:14 +0000 Damian Dozol http://www.news-insurances.com/?p=59446 US aerospace giant Boeing said Wednesday it expected to take an income-tax charge of about 150 million dollars in the 2010 first quarter as a result of sweeping health-care reform. Boeing said that under the legislation, a final version of which was signed into law Tuesday by President Barack Obama, it can no longer claim [...]]]> http://www.news-insurances.com/boeing-plans-150-million-dollar-charge-under-health-care-law/016759446/feed 0 http://www.news-insurances.com/att-sets-1-billion-dollars-aside-for-health-reform-costs/016748070 http://www.news-insurances.com/att-sets-1-billion-dollars-aside-for-health-reform-costs/016748070#comments Mon, 29 Mar 2010 14:08:23 +0000 Damian Dozol http://www.news-insurances.com/?p=48070 US communications giant AT&T said on Friday it took a one billion dollar charge in the first quarter of 2010 to cover changes in US health care law. Just days after President Barack Obama announced landmark overhaul of health care, AT&T said it would need the sum to cover changes in the taxation on prescription [...]]]> http://www.news-insurances.com/att-sets-1-billion-dollars-aside-for-health-reform-costs/016748070/feed 0 http://www.news-insurances.com/us-congress-passes-fixes-to-landmark-health-law/016744000 http://www.news-insurances.com/us-congress-passes-fixes-to-landmark-health-law/016744000#comments Fri, 26 Mar 2010 12:44:20 +0000 Damian Dozol http://www.news-insurances.com/?p=44000 The US Congress on Thursday put the final touches on President Barack Obama’s historic health overhaul, passing a set of technical changes to the legislation that will define his political legacy. Following a 56-43 Senate vote, the House of Representatives voted 220-207 for the free-standing package of fixes, four days after approving the underlying bill [...]]]> http://www.news-insurances.com/us-congress-passes-fixes-to-landmark-health-law/016744000/feed 0