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    • Pennsylvania insurance adjuster sentenced to prison in claims fraud case

      A former Philadelphia, Pa., insurance claims adjuster will spend eight to 23 months in prison after pleading guilty to collecting on claims for fictitious car accidents. Martin D. Greene, 49, a former employee of GE Property and Casualty In...

    • Travelers Championship Officially Begins with Opening Bell(SM) Ceremony at the NYSE

      NEW YORK, Jun 22, 2009 (BUSINESS WIRE) -- The 2009 Travelers Championship will officially begin when Travelers Chairman and Chief Executive Officer Jay Fishman rings the Opening Bell at the New York Stock Exchange with colleagues from Trave...

    • Breaking Point

      Tessa Jackson is giving serious thought to fleeing New Orleans. Since Hurricane Katrina, the Broadmoor residents homeowners insurance company has raised her premium every year. Before the storm, she paid about $1,500 a year. This year, shes...

    • Dallas ranks eighth as more owners are driven to dump cars, scam insurers

      By MATTHEW WALLER / The Dallas Morning News mwaller@dallasnews.com The economy is down. Gasoline prices are up. And car owners are just plain giving in. Faced with mounting financial pressures, more drivers are taking part in an insurance f...

    • Opinion: Consumers should select their property insurers

      Gov. Charlie Crist has until June 27 to act on House Bill 1171, which its sponsor says will allow consumers choice in picking property insurance, even from companies unregulated by the state. State Rep. Bill Proctor, R-St. Augustine, sponso...

    • Comparing Berkshire Hathaway's GEICO With The Progressive Corporation (PGR)

      Today, I reviewed Value Lines latest coverage of the Property/Casualty Insurance Industry.I spent a bit more time onThe Progressive Corporation(PGR) than on most of the other company profiles.I have not followed Progressive in great detail...

    • Son learns insurance business at an early age

      Not every family finds working together to be a treat, but father and son Bobby and John Weeks enjoy interfacing on a daily basis at Weeks Hunter Insurance, which specializes in property and casualty policies. Bobby Weeks, 62, said he purch...

    • Buyers beware as confident home sellers are starting to hold out for the asking price

      Buyers are beginning to lose the upper hand in home sales and new evidence suggests that in some parts of the country, sellers are required to successfully close to the asking price. Almost two thirds of estate agents across the country ask...

    • End of the cheap fixed mortgage

      Britains banks stand to reap a 900m windfall from the recovery as mortgages look set to rise for the first time in a year. Brokers have warned that the average five-year fix could hit 6% within weeks, up from 5.6% at the start of last week...

    • Which lenders have increased rates?

      There has been further evidence this week that mortgages have bottomed out and are now getting more expensive after eight months of tumbling interest rates. The average two-year fixed-rate deal has climbed from 4.59 per cent to 4.74 per cen...

    • Members to the question on mortgage lenders and loan shortage repossession

      Mortgage lenders could be crossexamined by MPs next month as part of a commission of inquiry Treasury rising repossession and the chronic shortage of housing loans. The inquiry, announced yesterday, will review the success of government ini...

    • Mortgages Fall undermines hopes of recovery

      The value of home loans granted by banks and building societies fell by 58 per cent in the year to May as homeowners shunned re-mortgaging deals. Gross mortgage lending totalled an estimated 10.3 billion in May, down 2 per cent compared to...

    • A.M. Best Downgrades Ratings of State Farm Florida Insurance

      OLDWICK, N.J. - (Business Wire) A.M. Best Co. has downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit rating to bb from bbb- of State Farm Florida Insurance Company (State Farm Florida) (headquartered in Win...

    • VP Insurance acquires Rockaway Park Condo

      Jeffrey Kulikowski and Patricia Kulikowski bought condo Unit #20B at 100-08 Beach 101st St. in Breezy Point/Belle Harbor/Rockaway Park/Broad Channel from Shore Front Developers of Rockaway Park LLC for $594,900 on April 24. Mr. Kulikowski i...

    • Conning Research: Property-Casualty Insurance Distribution S

      HARTFORD, Conn., June 18 /PRNewswire/ -- The property-casualty insurance distribution system has evolved to encompass many of the new ways of transacting business available to the customer, including new technologies and new forms of associ...

    • PCI Pleased With Regulatory Proposal's Systemic Risk Focus

      David A. Sampson, president and CEO of the Property Casualty Insurers Association of America (PCI), issued the following statement in response to the White House/Treasury proposal for financial services regulatory reform. Washington, DC (Vo...

    • Obama Insurance Views Mirror Those of P/C Agents, Insurers,

      The Obama administration's views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry. Most in the industry are happy that the Ob...

    • Obama Insurance Views Mirror Those of P/C Agents, Insurers,

      The Obama administration's views on insurance regulation are in keeping with those of many within the property/casualty insurance industry as well as state regulators who now regulate the industry. Most in the industry are happy that the Ob...

    • OneBeacon Launches Energy Insurance Business

      CANTON, Ma., June 17 /PRNewswire-FirstCall/ -- OneBeacon Insurance Group today announced the formation of its newest specialty business - OneBeacon Energy Group, which targets upstream and midstream mid-market energy risks, as well as alter...

    • Insurance VP acquires Rockaway Park condo

      Jeffrey Kulikowski and Patricia Kulikowski bought condo Unit #20B at 100-08 Beach 101st St. in Breezy Point/Belle Harbor/Rockaway Park/Broad Channel from Shore Front Developers of Rockaway Park LLC for $594,900 on April 24. Mr. Kulikowski is...
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