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Germany: Health insurers caught wasting contributions

A government report released on Tuesday has uncovered huge wastage in Germany’s health care system – one state insurer spent €10,719 on detectives to follow someone who may have illegally claimed...

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California driver tracking by insurers sparks privacy debate

California is turning into a battleground for technology that allows auto insurers to track their customers’ driving behavior and offer them lower premiums, but that privacy advocates reject as an...

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DutchNews.nl – Insurers want access to Project X vandals to recoup costs.

The national insurers association has met justice ministry officials to discuss possible access to the names, addresses and criminal records of people convicted of vandalism in connection with the...

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Banks, Insurers to Invest in Spain ‘Bad Bank’ With 15-Year Life.

Private investors will hold at least 55 percent of the vehicle’s equity and subordinated debt, de Guindos told Parliament in Madrid today. Nationalized banks, which include the Bankia (BKIA) group,...

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Exclusive: EU insurers strip cover from ships storing Iran oil.

This is a big deal. Most of the oil Iran isn’t able to sell is stored on oil tankers. China recently delivered the first of 12 new oil tankers to Iran. Uninsured they are floating time bombs waiting to...

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Scientists decry insurer’s extreme weather claims

German insurance companies stand accused of putting the wind up American policy holders and profiteering from climate change scare stories based on their own quasi-scientific reports Der Spiegel...

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Car Insurers Are Toying Around With Giving Drivers Discounts For Voting

Safeco Insurance of America last week was assigned a patent for using voter registration and voting history as means of determining risk — and thus your insurance rates. WT news feed

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DutchNews.nl –‘Health insurers should have say over long-term psychiatric care’.

Health insurance companies should be asked to approve what sort of further treatment patients with long-term psychiatric problems get, the health insurance council says in leaked recommendations. WT...

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Good Drivers With Low Incomes Punished by Insurers.

The largest U.S. auto insurers weigh occupation and education levels more than driving records to set rates for minimum-liability coverage, the Consumer Federation of America said today, citing a...

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NYT – For Insurers, No Doubts on Climate Change

A strange article in the NYT. Apparently “Insurers were ready to sign up to all sorts of actions against climate change,” But then the weather calmed down. bertb news feed

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Despite Glitches, Obamacare Profit Windfall To Insurers Well Underway

Health plan CEOs like Wellpoint’s Joe Swedish project robust revenue growth and profits from a boom in business from newly insured Americans under the Affordable Care Act. BlackListedNews.com

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