WASHINGTON, Nov. 22, 2016 /PRNewswire-USNewswire/ — The National Association of Professional Insurance Agents (PIA) is calling for the repeal of the Federal Insurance Office (FIO). The election of Donald Trump as president and a Republican majority in both houses of Congress will bring about a unique opportunity to reexamine the regulatory framework for insurance, notes the agents association. PIA calls …

We have observed emerging InsurTech trends in a broad variety of product offerings, which could complement or change the insurance business model. In our view, InsurTech has not developed as far as the banking sector equivalent, FinTech, which is already taking some bank market share. As insurance is highly regulated and capital-intensive, with high barriers to entry, we regard InsurTech …

With recent earthquake activity in the Pacific and new reports on major risks of loss in North America, insurers are taking note of an exposure that could have devastating consequences. According to Dr. Robert Muir-Wood, RMS Chief Research Officer, the November 22 earthquake off the coast of Sendai, Japan is probably another aftershock triggered by the Tohoku quake in March …

Quarterly Net Revenues Beat Guidance, Up 66.3% GUANGZHOU, China, Nov. 21, 2016 (GLOBE NEWSWIRE) — CNinsure Inc., (Nasdaq:CISG), (the “Company” or “CNinsure”), a leading independent online-to-offline (“O2O”) financial services provider in China, today announced its unaudited financial results for the third quarter ended September 30, 20161. (In thousands, except per ADS) 2015 Q3 （RMB） 2016 Q3 (RMB) 2016 Q3 (US$) Change % …

PEMBROKE, Bermuda, Nov. 21, 2016 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (NASDAQ:JRVR) (“James River” or the “Company”) announced today that certain of the Company’s significant shareholders intend to offer in an underwritten public offering an aggregate of 3,000,000 of the Company’s common shares (the “Selling Shareholders”).  The Selling Shareholders will receive all of the net proceeds from this …

CEDAR RAPIDS, Iowa, Nov. 18, 2016 (GLOBE NEWSWIRE) — Today, the Board of Directors (the “Board”) of United Fire Group, Inc. (Nasdaq:UFCS) (“UFG” or the “Company”) declared a common stock quarterly cash dividend of $0.25 per share. This dividend will be payable December 15, 2016, to shareholders of record as of December 1, 2016. Also today, Casey D. Mahon, a …

Amidst changes in leadership, Americans continue to battle rising healthcare costs and chronic illnesses LOS ANGELES, Nov. 18, 2016 /PRNewswire/ — The fourth annual healthcare survey released today by the national non-profit Transamerica Center for Health Studies (TCHS) shows that Americans continue to feel the most important aspect of the U.S. healthcare system is affordability, followed by ample meeting time …

New Aon data reveals health care issues that are top of mind for employers in the wake of the election LINCOLNSHIRE, Ill., Nov. 18, 2016 /PRNewswire/ — With the results of the 2016 election now in the record books, Congress and the president are set to engage, for the second time in less than a decade, in a debate over …

Information 18 November 2016                                          Declaration made pursuant to Article L. 233-8-II of the French Commercial Code and Article 223-16 of the General Regulation of the Autorité des Marchés Financiers Information relating to the total number of shares and voting rights comprising the share capital as of October 31, 2016 Date Total number of shares[1] comprising the share capital Number of …

JLT continues to enhance its modelling capabilities. NEW YORK, Nov. 17, 2016 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading specialty-focused providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services, today launches its proprietary Investment Management Cost & Volatility Analysis (CVA) Model developed …

Strengthens Medicare Advantage Business in Key Markets Positions Company for Growth with Addition of High-Quality Medicare Advantage Plans Transaction Expected to be Accretive to Earnings TAMPA, Fla. and WHITE PLAINS, N.Y., Nov. 17, 2016 /PRNewswire/ — WellCare Health Plans, Inc. (NYSE: WCG) and Universal American Corp. (NYSE: UAM) announced today that they have entered into a definitive agreement under which WellCare …

CHICAGO, Nov. 16, 2016 /PRNewswire/ — For the first time in its four year history, the annual Workers’ Compensation Benchmarking Study identifies which claims best practices are generating better outcomes. Findings from the just published 2016 study reflect results from a nationwide survey of 492 claims leaders who report on methods that drive success in their organizations. To date, nearly …

Highlights   The bank generated a pre-tax profit of DKK 15 million in Q3 2016, against a loss of DKK 79 million in Q3 2015. The performance was better than expected and satisfactory.   The forward-looking activities generated a pre-tax profit of DKK 24 million, which was better than expected. The performance was a year-on-year improvement of DKK 21 million, …

Alm. Brand generated a highly satisfactory pre-tax profit of DKK 817 million in 9M 2016. The full-year guidance is lifted by DKK 200 million to a profit of DKK 900-1,000 million.   “In the third quarter of 2016, we once again outperformed expectations, and for the nine months ended 30 September, we generated an exceptionally strong overall profit,” said CEO …

PEMBROKE, Bermuda, Nov. 15, 2016 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (NASDAQ:JRVR) today announced that Gregg Davis, the company’s Chief Financial Officer, has announced his intention to retire as of January 2, 2017. J. Adam Abram, Chairman and CEO of James River said, “Gregg Davis has been instrumental in building our company.  He has been a great partner …

ARLINGTON, Va., Nov. 15, 2016 /PRNewswire-USNewswire/ — A report by the National Alliance on Mental Illness (NAMI)  reveals new information about the gap between health insurance coverage of mental health and substance abuse conditions and that of other medical conditions. Out-of-Network, Out-of-Pocket, Out-of-Options: The Unfulfilled Promise of Parity focuses specifically on the limits of in-network mental health care providers and excessive …

15 November 2016 Announcement No. 67/2016 Key features Q1-Q3 2016 Post-tax profit of DKK 1,127m (Q1-Q3 2015: DKK 861m) EPS was DKK 12.1 (Q1-Q3 2015: DKK 8.4) Combined ratio was 85.1 (Q1-Q3 2015: 85.2) Combined ratio excluding run-off profits was 89.0 (Q1-Q3 2015: 89.0) Premiums declined 1.3% in non-life insurance and increased 23.6% in life insurance Profit on life insurance …

HIGHLIGHTS The insurance industry is estimating $3.6 billion in claims, including $2.4 billion in personal property and $1.2 billion in commercial and industrial payments. The increased economic activity generated by the rebuilding effort will peak with the creation of almost 9,000 jobs next year. The fires reduced oil production by an estimated 47 million barrels in May and June, worth …

HARTFORD, Conn., Nov. 14, 2016 /PRNewswire/ — The small business insurance market is increasingly focused on digital marketing and distribution capabilities, which may favor larger carriers, according to a new study by Conning. “Success in the small business insurance market is increasingly being defined by the ability to manage costs, and distribution is at the center of the expense management …

FORT WORTH, Texas, Nov. 14, 2016 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (NASDAQ:HALL) is pleased to announce that Robert Collins has joined Hallmark to lead the standard commercial product line, Hallmark Commercial Insurance Solutions (CIS). Mr. Collins will serve as the President for CIS and will manage the profitable growth, diversification, and operations of the product portfolio. Hallmark Commercial …