Property Insurance
Berkeley BOE to hold executive session
BERKELEY The Board of Education is scheduled to meet 6 p.m. Monday in executive session to discuss who will handle the district's health insurance and property and casualty insurance during the 2009-2010 school year. Last year, G.R. Murray...
CarInsurance.com Adds Infinity Insurance
ALTAMONTE SPRINGS, Fla.--(BUSINESS WIRE)--CarInsurance.com, the largest online independent auto insurance website, announced Infinity Insurance as the newest company to offer comparison car insurance quotes directly to consumers at http://w...
Insurance Agents and Brokers Investing in Client Relationshi
As the economy continues to struggle, successful insurance agents and brokers are focusing on traditionally effective marketing techniques to make sure they thrive, says an insurance newsletter marketing expert. He provides 8 important tips...
The Hanover Insurance Group, Inc. Announces Commencement of
WORCESTER, Mass., June 2 /PRNewswire-FirstCall/ -- The Hanover Insurance Group, Inc. (NYSE: THG - News) announced today the commencement of a cash tender offer (the Tender Offer) to purchase a portion of the 8.207% Series B Capital Securiti...
Ex-Wisconsin Insurance Exec Charged in Scam
MADISON, Wis. (AP) - A former executive at General Casualty Insurance in Sun Prairie is accused of stealing more than $500,000 from the company over several years. A federal grand jury returned an indictment Wednesday charging Douglas Nicke...
Citizens Proposes Rate Increases Of 10 Percent A Year For On
Jun. 3--Citizens Property Insurance officials Tuesday proposed rate increases that would raise most South Florida home and condominium owners' premiums up to 10 percent a year for as many as five years, beginning Jan. 1. State-backed Citizen...
A.M. Best: Sidecars Unlikely to Make Strong Comeback This Ye
A.M. Best: Sidecars Unlikely to Make Strong Comeback This Year Meg Green PEMBROKE, Bermuda RenaissanceRe Holdings Ltd.'s launch of a $60 million sidecar isn't a sign that sidecars are coming back into vogue -- at least not yet, A.M. Best ana...
Texas Lawmakers Come Up With TWIA Funding on Last Day of Ses
Texas Lawmakers Come Up With TWIA Funding on Last Day of Session Chad Hemenway AUSTIN, Texas It took legislators until the waning hours of the session, but the state-run Texas Windstorm Insurance Association is now funded -- at least for a $...
Actuaries Have Crucial Role To Play In Helping Insurers Deal
Hamilton, Bermuda Climate change is a topic at the forefront of many minds, and actuaries have a crucial role to play by helping the insurance and reinsurance industry better understand related risks and how to price for them, attendees at...
Anticipated Hurricanes Leaving Americans Exposed
CHARLOTTE, North Carolina_As the 2009 hurricane season arrives, many U.S. homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums...
Attention Drivers: You Can Now ‘Name Your Price’ for Car
MAYFIELD VILLAGE, Ohio--(BUSINESS WIRE)-- Have you ever been shopping and wished you could grab a price gun to set the price you want to pay for an item? Well, you can't do this at the supermarket or department store, but now you can when sh...
AIG Names Martinez Head Of Mortgage Insurance Unit
SAN FRANCISCO (MarketWatch) -- American International Group Inc. (aig) said Monday it named Eric Martinez chief executive of its mortgage insurance unit United Guaranty Corp. Martinez succeeds William Nutt, who left the company, AIG said. 19...
ERM: Paint By Numbers
The U.S. economy, as well as the world economy, remains sour. Although there are a number of reasons for this situation, the financial meltdown on Wall Street is certainly high on the list. As the Obama administration tries to chart a cours...
Former MMC Exec Cherkasky Up To New Challenge
Former MMC exec Cherkasky up to new challenge Michael Cherkasky isn't afraid of big challenges. After all, he was brought in as chairman and chief executive officer of Marsh McLennan Cos. Inc. in the wake of a bid-rigging scandal bird-dogge...
Leading Insurer Selected as a Best Company for Multicultural
BLOOMINGTON, Ill., June 1 /PRNewswire/ -- State Farm(R) has been named one of the Best Companies for Multicultural Women by Working Mother . State Farm is joined by a cross-section of companies who share a common bond: placing diversity and...
No More School, No More Protection: National Insurance Firm
Final exams might be over, but real world responsibilities -- and risks -- are just around the corner for hundreds of thousands of college and high school graduates this spring. Fortunately, this month Next Generation Insurance Group announc...
Dow Jones Swaps Travelers For Citigroup
CHARLOTTE, North Carolina_Seven years after being spun off by Citigroup Inc., Travelers Cos. is supplanting its former parent as a member of the Dow Jones industrial average. Travelers' selection helps maintain the representation of financia...
AAA will drop homeowners' insurance policies in Louisiana
In August, Auto Club Family Insurance Group, better known as AAA, will begin dropping all homeowners insurance policies, becoming the only insurer of homes to pull out of the state since Hurricane Katrina. AAA said that it has lost twice as...
Hurricane insurance getting pricier, if you can get it at al
CHARLOTTE, N.C. -- As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and co...
Insurance premiums on the rise
CHARLOTTE, N.C. (AP) As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and...
Hurricane areas see insurance rates increase, coverage chang
CHARLOTTE, N.C. As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and cover...
Insurers Ready As Hurricane Season Unfurls
Insurance specialists tend to be a gloomy lot. After all, their work demands that they think of the worst-case scenario every time. But when these professional pessimists start talking about the hurricane season that kicks off tomorrow, eve...
A.M. Best Affirms Ratings of Auto-Owners Insurance Group and
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has affirmed the financial strength rating (FSR) of A++ (Superior) and issuer credit ratings (ICR) of aa+ of Auto-Owners Insurance Group (AOIG) (Lansing, MI) and its members. AOIG is comprised...
13 Insurers See Ratings Changes
A.M. Best Co. released ratings updates. The following are some of the most recent: Berkshire Hathaway Homestate Cos. and Its Members A.M. Best Co. affirmed the FSR of A++ ( Superior ) and ICR of aa+ of the Berkshire Hathaway Homestate Cos....
Klein tries again to enact storm insurance
South Florida Congressman Ron Klein is making another run at legislation designed to curb the cost of homeowner insurance in states often hit with hurricanes and other disasters. He introduced a bill on Thursday much like the one that passe...
Northeast acquires another insurance agency
Northeast Bank has scooped up another insurance agency in southern Maine, its 8th acquisition in a little over two years. The Lewiston-based bank's insurance subsidiary, Northeast Bank Insurance Group, has acquired Goodrich Insurance Associ...
Renters Insurance: What You Need To Know
It is an all-too-familiar news image: An apartment building smolders in the hours after a major fire. In all likelihood, the residents have lost most of their possessions. Some of those tenants will find financial support for their losses t...
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Conn. lawmakers Hold Hearing On AIG Bonuses
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Innovation Group Teams With IBM To Help Reduce
WHITELEY, UK--(BUSINESS WIRE)-- Innovation Group plc (LSE:TIG.L) (Innovation or
P/C Execs Look Ahead to Mitigation, Retention, Rates
Chad Hemenway OLDWICK, N.J., Mar 30, 2009 (A. M. Best via COMTEX) -- Several
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Allstate Applauds Introduction of STANDUP Act
NORTHBROOK, Ill.--(BUSINESS WIRE)-- Allstate Protection President George
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- Best's Review's Insurance Broker Ranking Shows Aon, Marsh at the Top, Shifting Lineup
- Universal Property & Casualty Insurance Co. Increases Bu
- AAA will drop homeowners' insurance policies in Louisiana
- Willis Group Holdings names CEO Tony Ursano, Willis Capital
- A.M. Best Downgrades Ratings of State Farm Florida Insurance
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- Berkshire Hathaway’s Insurance Subsidiaries Buck Property/C
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