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China United Property Insurance Suffe Shrinking Market Share
As the fourth largest property insurance company of China's Mainland, China United Property Insurance Company has seen the negative growth in premium revenues for consecutive six months this year. According to available data, China United P... -
19 Property Insurance Firms Lifted Capital by CNY11.9bn
Original premium revenue of property insurance firms in China arrived at CNY 799.86 billion in the first half of 2010, growing more than 30% over the same period of a year earlier. Along with expanding scale, about 19 property insurance fir... -
Foreign Property Insurers Occupy Low Market Share in China
Allianz Insurance Company Guangzhou Branch, Allianz Group's first non-life insurance operation in China, has been upgraded into a subsidiary of the German group and is set to start formal operation from July 1. So far, a total of 14 foreign... -
Insurers helping Ontarians lead safer lives, protect property and prepare for emergencies
Entertainment, prizes and family fun highlight 2010 Be Smart. Be Safe. Tour Insurance Bureau of Canada's (IBC's) award-winning Be Smart. Be Safe. Tour kicked off its sixth consecutive season today at Harbourfront with entertainment, prizes... -
PICC Property & Casualty to Sell CNY8bn Subordinated Bonds
PICC Property Casualty Co., Ltd. (SEHK: 2328), a top insurance company in China, May 31 posted an announcement on the Stock Exchange of Hong Kong that it has won an approval from the board of directors to sell not more than CNY 8 billion 10... -
Insurers Jan-Apr Profit Up 158%
Aggregate profit insurers in the Chinese market gained in the first four months of this year is expected to hit CNY 27.75 billion, soaring 158.13 percent, or CNY 17 billion, year on year, according to statistics by the China Insurance Regul... -
Inflation Volatility a Significant Planning Concern for Property-Casualty Insurers
While the insurance industry has dealt with inflation and associated volatility in the past, there has been little inflationary impact in the past 15 years, said Stephan Christiansen , director of research at Conning. As we look ahead, ther... -
White Connecticut Firefighters Seek Back Pay, Damages
A group of white New Haven firefighters who won a discrimination case before the U.S. Supreme Court are seeking back pay, damages and legal fees. The high court ruled in June that New Haven officials violated white firefighters' civil right... -
Health Net Federal Services Statement on TRICARE Award Announcement
Health Net Federal Services, LLC, the government operations division of Health Net, Inc. released the following statement today in response to the Department of Defenses release of the TRICARE contract awards: Health Net Federal Services is... -
Farmers Insurance Coverage emphasizes the right fit for the consumer of the new campaign with the ren
Farmers Insurance Group announced it has launched its latest Hispanic advertising campaign titled Force Field that includes TV, radio and rich media all produced by U.S. Hispanic Agency of Record Accentmarketing. Force Field is a visual rep... -
State Farm (R) Home Run Derby offers big moment for eight Boys & Girls Clubs of America (BGCA
Eight members from St. Louis area Boys Girls Clubs will experience a once-in-a-lifetime moment as they take to the field with eight of the biggest sluggers in Major League Baseball during the 2009 State Farm Home Run Derby on Monday, July 1... -
Extend Health adds two senior executives to the leadership team
Extend Health announced that Richard Wheeler, former managing partner of Prescription Benefits, Inc., and Cathy Donahoe, former Director of Human Resources at Omniture, Inc., are joining Extend Healths executive management team. Mr. Wheeler... -
Investoren Allstate to discuss second quarter 2009 earnings of MIT
The Allstate Corporation will conduct a conference call at 9 a.m. Eastern Time (ET) , Aug. 6, 2009 to discuss second quarter 2009 earnings. The company will issue a news release announcing results the day before on Wednesday, Aug. 5, 2009 a... -
National Brokerage Consortium (NBC) supports AgencyWorks
After thorough review of multiple agency management platforms, AgencyWorks receives a formal endorsement from National Brokerage Consortium (NBC) as the common platform of choice for all NBC members. According to NBC Secretary Pete Caneer,... -
Jenkins Insurance Group Welcomes Scott W. Reynolds
enkins Insurance Group, a Leavitt Group affiliated agency, is pleased to announce the hiring of Scott W. Reynolds as a Vice President. Scott will lead Jenkins new Energy Practice with a focus on the Renewable Energy industry. Reynolds has b... -
BenefitMD Selects Award-Winning Healthcare Product Suite by HealthEdge Rules
HealthEdge, provider of the only modern, enterprise-class software platform for healthcare payors, announced that Tacoma-based BenefitMD has selected the HealthRules product suite as their next-generation claims and benefit administration,... -
Allstate Selects Matthew Winter as President and CEO of Allstate Financial
Allstate announced it has selected Matthew Winter, 52, as president and chief executive officer of Allstate Financial. Winter will be responsible for leading Allstate Financials effort to provide life insurance and retirement products to mi... -
Reverse Mortgages – What are they? How do they work?
A survey by the Urban Institute found that 1.9 million seniors found themselves having to choose between buying food and buying medicine. The survey was conducted in 1993a time when the economy was booming! Due to the current economic woes,... -
Big Three Brokers Support Lloyd's Exchange Endorsement Pilot
The three largest global broking firms, Aon, Marsh and Willis have given their support to a key stage in progressing market modernisation by agreeing to pilot the Lloyd's Exchange for endorsements using the latest agreed version of the ACOR... -
Correction Officer Faces Fraud Counts in Workers Comp Case
Nov. 19--MALONE -- A Bare Hill Correctional Facility officer is charged with fraud for allegedly working while collecting more than $10,000 in workers-compensation benefits. Martin Friess, 40, of Massena, an eight-year veteran of the State...
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Berkshire Hathaway’s Insuranc
The Property Casualty Insurers Association of America (PCI) reported full year 2008 results for the industry... -
European Insurance Asset Manage
26 February 2009 - Published in the insurance, fire insurance, accident, dental, financial services, health... -
Willis Group Holdings names CEO
Copyright: Business Wire Source: Business Wire Wordcount: 556 Business Editors / Insurance Writers NEW... -
Wildfires and insurance(insuran
Natural disaster damage losses paid by insurance companies have been doubling every five to ten years... -
New structures to boost the mar
Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance March 30, 2009 950 words New... -
Allstate Applauds Introduction
NORTHBROOK, Ill.--(BUSINESS WIRE)-- Allstate Protection President George Ruebenson issued the following... -
When it doesn’t pay to overpa
Borrowers on ultra-low tracker mortgages are being urged to stop overpaying and instead take advantage... -
OneBeacon Launches Energy Insur
CANTON, Ma., June 17 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group today announced the formation... -
FirstBest Announces App Forms R
ORLANDO - FirstBest Systems, Inc., developer of advanced Underwriting Management Systems (UMS) that enable... -
Squatters move into Billionaire
Squatters have moved into a London super-mansion in a road dubbed Billionaires Row, a few doors from a...
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Universal Property & Casual
Fort Lauderdale, FL /PRNewswire/ As a leader in the property and casualty insurance marketplace, South... -
A.M. Best Downgrades Ratings of
OLDWICK, N.J. - (Business Wire) A.M. Best Co. has downgraded the financial strength rating to B (Fair)... -
UNUM Plan Participant's Short-T
Copyright 2009 Strafford Publications, Inc.All Rights Reserved Texas Insurance Law Litigation Alert February... -
Reinsurance Renewals Clouded by
When reinsurers and their clients gather for renewal discussions at Les Rendez-Vous de Septembre in Monte... -
AIG Replaces Chief Investment O
AIG Replaces Chief Investment Officer Alyn Ackermann American International Group Inc. has replaced its... -
Conning Research: Property-Casu
Results of ownership of industry losses in the coming years will be determined by the recession of 2009,... -
A.M. Best Affirms Ratings of Au
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A++... -
Insurance Agents and Brokers In
As the economy continues to struggle, successful insurance agents and brokers are focusing on traditionally... -
Texas Lawmakers Come Up With TW
Texas Lawmakers Come Up With TWIA Funding on Last Day of Session Chad Hemenway AUSTIN, Texas It took legislators... -
Insurer Complaint Data Released
The Missouri Department of Insurance's annual complaint index report has been posted at the department's... -
Steven R. Simon, P.A. Announces
MIAMI--(BUSINESS WIRE)-- Steven R. Simon, P.A. announces that it has filed a class action lawsuit against... -
Nationwide to drop Houston poli
Nationwide Property and Casualty Insurance wont renew 5,300 Houston-area home insurance policies starting...
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