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State Farm To Raise Home Insurance Rates
The largest insurer of homes in the state of Texas has announced it will increase coverage rates starting as soon as Sept. 1. According to a press release, State Farm Lloyds submitted a rate filing to the Texas Department of Insurance on Wed... -
As the Number of Uninsured Drivers Increases, Companies Recommend Looking for Cheap Car Insurance Rat
As the unemployment rate goes up, so does the number of uninsured motorists. CheapCarInsurance.org recommends that drivers look for cheaper car insurance premiums rather than dropping coverage all together. Cheap car insurance rates are acc... -
BestWeek: Search for the next Head of Lloyd's in North America
OLDWICK, N.J. - (Business Wire) With the resignation of LoriAnn Lowery, president of Lloyds North America, one of the premier posts in the insurance market is open, fueling talk in the industry about what kind of candidate might be tapped to... -
Travelers Names Personal Lines CEO, President
Travelers Cos. announced two executive appointments in its personal lines business operations. Doreen Spadorcia will assume the additional duties of chief executive officer of personal lines. Spadorcia is also CEO of claims services, Travel... -
Take Class To Save On Car Insurance
In these times of recession - and they do not seem to go far in the near future - all to benefit the ears when they hear about new ways to save money on the cost of ownership and use of an automobile. Thus, consumers will be pleased to know... -
AIG, Others Face $100M in DC Crash Claims
Talk about your rotten years. It seems things for American International Group (AIG:NYSE) just keep going from bad to worse ... and whatever comes after that. In an article released today by Bloomberg, a lawyer in the case is quoted as sayin... -
Sears Tower Now Named Willis Tower
Sears Tower is history. As of Thursday, the iconic Chicago, Illinois, skyscraper is now named Willis Tower. At least that's what the owners of the 110-story skyscraper now call it after its new main tenant, the London, England-based insuranc... -
McKenna Retires as Gallagher Bassett President
ITASCA, Ill.Richard J. McKenna, president of Gallagher Bassett Services Inc., a subsidiary of Arthur J. Gallagher Co., has retired from the company. The company has begun its search for a replacement, Itasca, Ill.-based Arthur J. Gallagher... -
Arthur J. Gallagher & Co. Announces Executive Retirement
ITASCA, Ill., July 14 /PRNewswire-FirstCall/ -- Arthur J. Gallagher Co. announced that Richard J. McKenna, President of its Gallagher Bassett Services subsidiary, has retired from the company. The company has already begun a search for his... -
Reinsurance Rates Not As High As Expected
Property catastrophe rates increased for midyear renewals, but not as much as reinsurers had hoped and insurers had feared, brokers and reinsurers say. Industry experts say reinsurance rates generally increased in the 10% to 20% range. Reins... -
A.M. Best Special Report: Expanding Wildfire Season Adds to Insurers' Burden
Though not as severe as the 2007 wildfire season, the 2008 season included about $640 million in direct property losses from three wildfires in the Los Angeles metropolitan area in November, California officials estimate. The current season... -
NCOIL Revised Credit-Scoring Model to Provide Relief for Catastrophic Events
The National Conference of Insurance Legislators wants insurance companies to cut a break to policyholders who find themselves jobless, sick, divorced or deployed overseas in the military. The organization approved an amendment to its landm... -
Perspectives: As Video Surveillance Use Grows, Liabilities Emerge
Here's a little brain teaser: Is it OK to put up fake cameras on your commercial property to deter crime? This is the type of question that property owners increasingly are forced to consider as the technology of camera surveillance has beco... -
Progressive 2nd-quarter profit rises 16 percent
MAYFIELD VILLAGE, Ohio_Auto insurer Progressive Corp. said Friday that its second-quarter profit climbed 16 percent as the prior-year period was weighed down by some investment losses. The company earned $250.1 million, or 37 cents per share... -
Sharpening Focus On Insurance Premiums
Debbie Shempert, senior vice president and operations manager for Renasant Insurance in Tupelo, said her office has been besieged with policyholders looking to save a few dollars on premiums. FULL TEXT Jackson resident Johnston Walker recent... -
Class Action Against Old Republic National Title Insurance Company Directed To Proceed By Court
PHILADELPHIA, July 10 /PRNewswire/ -- Class Counsel for the Plaintiffs in the Old Republic National Title Insurance Company class action suit announced the following: UNITED STATES DISTRICT COURT EASTERN DISTRICT OF PENNSYLVANIA DONNA MARKOC... -
Unclaimed Property Can Be a Boon to Income in Down Economy, Allsup Explains How to Claim it
Locating unclaimed property requires some legwork, but it is not difficult to do, it costs nothing and can be a welcome source of income Belleville, IL (Vocus) July 9, 2009 -- Nearly one in eight Americans are entitled to unclaimed property... -
E&O Pricing still Soft Outside Financial Services
The market for errors and omissions coverage remains soft in most sectors even though high-risk areas such as financial services have seen sizable rate increases, observers say. Brokers, underwriters and risk managers say plentiful capacity... -
Fla. Board Clears Way for Rate Boost for Citizens, but Also Rate Reductions
Citizens Property Insurance Corp. of Florida will still be able to raise rates at the start of 2010, but not as much as the insurer was expecting. A vote of the governing board that oversees Citizens determined that it can raise rates at a... -
Workers' Comp Rate Won't Rise, Poizner Says
Jul. 9--Insurance Commissioner Steve Poizner yesterday rejected an insurer-backed plea for a massive boost in workers' compensation rates, arguing that the industry isn't doing enough to control its costs. The Workers' Compensation Ratings B...
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Zurich enhances EPLI coverage
Zurich, a property and accident insurance, has announced improvements to its employment practices liability... -
Golden Eagle Insurance Offers O
SAN DIEGO--(BUSINESS WIRE)--Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company,... -
Travelers Names Personal Lines
Travelers Cos. announced two executive appointments in its personal lines business operations. Doreen... -
Contaminated Drywall May Lead t
(BestWire Services Via Acquire Media NewsEdge) The use of contaminated drywall imported from China is... -
State hit with rising insurance
In the midst of recession, the cost of car and home insurance is increasing for many Georgians. And if... -
Allianz, Allstate units vulnera
Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet . com April 3, 2009 Friday 24:59 AM EST... -
Florida Denies State Farm Reque
(BestWire Services Via Acquire Media NewsEdge) The saga that is State Farm Florida's attempt to leave... -
AIG to put property and casualt
NEW YORK, April 21 (Reuters) - American International Group Inc said on Tuesday it will place AIU Holdings... -
Auto-Owners Insurance Group Joi
DES PLAINES, Ill., May 7 /PRNewswire-USNewswire/ -- The National Insurance Crime Bureau (NICB) announced... -
Fitch Takes Rating Action on U.
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has taken rating action on nine U.S. collateralized debt obligations...
Featured
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Home and car insurance set to r
TORONTO Home and car insurance premiums are set to rise across the industry, ING Canada warned yesterday... -
Allstate Renames Two Florida Su
Allstate Insurance Co. has renamed two Florida property/casualty subsidiaries, the company said. Allstate... -
AIG Property/Casualty Unit, AIU
AIU Holdings Inc. has named Robert S. Schimek chief financial officer, the company said. AIU Holdings... -
H Best Affirms Ratings of Chubb
H Best Affirms Ratings of Chubb Corporation and its subsidiaries, AM Best Company NewsRx.com H Best Co.... -
AIU Holdings’ Private Client
NEW YORK--(BUSINESS WIRE)--Private Client Group, a division of AIU Holdings, today announced the introduction... -
Intuit Payroll and The Hartford
Intuit Payroll and The Hartford Simplify Workers' Comp premium payments for small businesses Business... -
Perspectives: As Video Surveill
Here's a little brain teaser: Is it OK to put up fake cameras on your commercial property to deter crime?... -
U.S. Property/Casualty Industry
OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty industry was impacted by a series of unprecedented... -
Miss A Car Payment, Have Your C
Copyright 2009 Sun-Sentinel CompanyAll Rights Reserved Sun-Sentinel (Fort Lauderdale, Florida) April 15,... -
New Jersey PIP Schedule Can Be
After more than two years in waiting, a personal injury protection medical fee schedule is cleared for... -
Michigan's Top Court to Rule on
The Michigan Supreme Court will determine whether the state may ban the use of credit-based insurance... -
Kentucky Farm Bureau Deals With
Kentucky Farm Bureau Deals With Ice few months after Hurricane Ike claims history Chad Hemenway The recent...
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