Casualty Insurance
Allstate Seeks National Regulator of Insurers
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet . com April 22, 2009 Wednesday 08:19 AM EST SECTION: NEWS ANALYSIS; Insurance LENGTH: 335 words HEADLINE: Allstate Seeks National Regulator of Insurers BYLINE: Terry Savage, Th...
Mortgage lending rises by 16% in March
The amount of money lent in UK mortgages rose by 16 per cent to 11.5 billion from February to March, but the figures were down 52 per cent on March 2008 Gross lending figures for the first quarter of this year show that the usual seasonal f...
Hurricanes May N. C. Hurt All owners
April 22 - A bill recently introduced in the state legislature raised the possibility that the State, the owners may end up bailing out a statement created by insurance if a major hurricane wreaks havoc in coastal areas of the country. But...
A new study reveals that the purchasing behavior of automobi
Miami, FL (Vocus) April 21, 2009-- In a study published by Geoscape, several revealing facts about the auto insurance market came to light. The publication of this 2009 auto insurance syndicated survey database, called BehaviorBase Auto Insu...
Catlin to Write Short-Term Life Business
Specialist property/casualty insurer Catlin Group Ltd. will start writing short-term insurance and reinsurance in certain life insurance markets on May 1. The move is intended to bolster Catlin?s existing accident and health covers. The new...
Strong capitalization expected in P/C sector: S&P
The global property/casualty insurance sector is expected to maintain a strong level of capital adequacy through 2009 despite challenges presented by volatile financial markets, according to a report released by Standard Poor's Corp. on Tue...
AIG to put property and casualty into SPV
NEW YORK, April 21 (Reuters) - American International Group Inc said on Tuesday it will place AIU Holdings in a special entity as it moves to separate its property and casualty operations as part of a restructuring plan. AIG plans to put in...
AIG to Transfer Property-Casualty Unit to Ease Sale
April 21 (Bloomberg) -- American International Group Inc., the insurer bailed out by the U.S., will transfer its property and casualty business to a special purpose vehicle to accelerate the sale of a minority stake in the operation. AIG wi...
Zurich enhances EPLI coverage
Zurich, a property and accident insurance, has announced improvements to its employment practices liability insurance coverage, which aims to address the risks employers face in the current unstable environment. Coverage focuses on the need...
AIG to put AIU Holdings into special vehicle
NEW YORK, April 21 (Reuters) - American International Group Inc said on Tuesday it would put AIU Holdings, the holding company for its property and casualty companies, into a special purpose vehicle in preparation for selling at least part...
AIG goes to Spin Off Key Units
American International Group said yesterday that it will accelerate the divorce of its global property and casualty insurance businesses from the parent company as part of an effort to restructure itself and rebrand its more profitable divi...
TARP counterpart AIG payment verification
Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance April 13, 2009 384 words TARP auditing AIGs counterparty payments MARK A. HOFMANN The special inspector general for the Troubled Asset Relief Program has initiated an...
Poll: the economic slowdown are the risks to policyholders T
ORLANDO, Fla., Apr 21, 2009 (A. M. Best via COMTEX) The economic downturn is the top risk on the minds of risk managers, according to a survey by broker and consulting firm Aon Corp. (NYSE: AOC). The 2009 Global Risk Management Survey found...
AIR Worldwide Premier model 10 billion in catastrophe bonds
Copyright: Investment Weekly News via VerticalNews.com Source: Investment Weekly News Wordcount: AIR Worldwide Corporation (AIR) announced that it has provided risk modeling and analytical services for more than 10 billion dollars in insura...
Allstate Hails Introduction of the Federal Charter Insurance
Copyright: Insurance Weekly News via VerticalNews.com Source: Insurance Weekly News Wordcount: Allstate today issued the following statement in support of the National Insurance Act on Consumer Protection has submitted to Congress by Repres...
Professional management are not currently needed
Q: According to the current laws governing associations, are we required/mandated to employ a professional management company or can the elected board hire a certified accounting firm, a licensed handy man service, and other professional se...
Colorado Senate Votes to 500 million dollars from the Worker
The Colorado Senate has backed two measures aimed at taking $500 million from a state-created workers compensation insurance company to balance next year's budget over the objections of Pinnacol Assurance and the businesses that rely on it....
Miss A Car Payment, Have Your Car Shut Down?
Copyright 2009 Sun-Sentinel CompanyAll Rights Reserved Sun-Sentinel (Fort Lauderdale, Florida) April 15, 2009 Wednesday Online Edition SECTION: BUSINESS; Pg. Web LENGTH: 310 words HEADLINE: MISS A CAR PAYMENT, HAVE YOUR CAR SHUT DOWN? BYLINE...
Florida officials try to Boost Hurricane Fund
April 15 - Tallahassee - The outlook for state funding to support the market for property insurance improved after a hurricane Tuesday, with the thaw in credit markets and a House committee to approve a measure falls within the fund certain...
EMC Insurance Group Inc. Announces 2009 First Quarter Earnin
DES MOINES, Iowa--(BUSINESS WIRE)--EMC Insurance Group Inc. (Nasdaq/NGS:EMCI) (the Company) today announced that 2009 first quarter earnings information will be released to the media before the opening of regular market hours on April 23, 2...
Weather Losses Hit Auto-Owner's Net Income
Weather-related losses and declining investments drove a 57% drop in 2008 net income for Michigan?s largest property/casualty insurer. Lansing, Mich.-based Auto-Owners Insurance Group reported net income of $192 million for its property/cas...
Given the choice, Americans would pay more to see AIG Suffer
Copyright 2009 MarketWatch.com Inc.All Rights Reserved MarketWatch April 13, 2009 Monday 11:44 AM EST SECTION: NEWS COMMENTARY; Commentary; MarketWatch First Take LENGTH: 307 words HEADLINE: Given a choice, Americans would pay more to see AI...
U.S. Property/Casualty Industry's Profit Squeezed on Both En
OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty industry was impacted by a series of unprecedented events in 2008, including exceptionally challenging market conditions, the worst financial crisis in recent history, the fourth-hi...
Everest Re Group Schedules First Quarter Earnings Release Da
12 April 2009 (Close-Up Media via COMTEX) - Everest Re Group, Ltd. will release its first quarter earnings in 2009 after close of trading on the NYSE on April 29. A conference call to discuss results will be announced at 8:30 Eastern time A...
Weekly 52-Week High Companies: Fidelity National Financial,
According to GuruFocus updates , these Guru stocks have reached their 52-Week Highs: Fidelity National Financial Inc. ( FNF ), Family Dollar Stores Inc. ( FDO ), Mylan Laboratories Inc. ( MYL ), Myriad Genetics Inc. ( MYGN ), and HCC Insura...
Weapons of mass destruction?
During times of financial distress, it's not surprising to see the media search for a culprit on which to pin the blame. In many recent reports, enemy number one has become a particularly important type of derivative--the credit default swa...
Top College business by specialized programs
If you are looking for the best undergraduate program in the business fields of marketing or financial management, and macroeconomics, the head of the State of Virginia. But surprisingly, your final destination will not be Charlottesville,...
Today's Picks
Golden Eagle Insurance Offers Onboard Advisor for
SAN DIEGO--(BUSINESS WIRE)--Golden Eagle Insurance, a Liberty Mutual Agency
Okla. Governor Signs 'Cash for Crash' Ban
Okla. Governor Signs 'Cash for Crash' Ban Sean P Carr OKLAHOMA CITY Oklahoma
Analysis: Obama tougher on cars than banks
Copyright: The Associated Press. All rights reserved. May This material may not
Diversified Insurance Career Leads to Heading Risk
Copyright 2009 Insurance Communications The Risk Retention Reporter April 2009
Hanover, is working with industry distress
It is not that Frederick Eppinger is not favorable to insurance companies as
Innovation Group Receives "Positive" Rating
NEWTON, Mass.--(BUSINESS WIRE)--Innovation Group www.us.innovation-group.com ,
State Farm Texas Governor Indicates He Undercharged
Copyright: The Dallas Morning News Source: Dallas Morning News, The Wordcount:
Florida officials try to Boost Hurricane Fund
April 15 - Tallahassee - The outlook for state funding to support the market
Florida Last-Resort Insurer Reassessing Replacement
Efforts by Florida's state-run insurer to bring premiums up to a level equal to
Workers Comp Cartel Says Boo! Aerials and Florida
Copyright 2009 ProQuest Information and LearningAll rights ReservedProQuest
Catlin to Write Short-Term Life Business
Specialist property/casualty insurer Catlin Group Ltd. will start writing
State hit with rising insurance rates
In the midst of recession, the cost of car and home insurance is increasing for
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- Allstate Renames Two Florida Subsidiaries
