Property Insurance
Hartford Keeping Life, P/C Insurance Units
Copyright 2009 MarketWatch.com Inc.All Rights Reserved MarketWatch May 18, 2009 Monday 11:49 AM EST LENGTH: 125 words HEADLINE: Hartford keeping life, p/c insurance units:Report BYLINE: Greg Morcroft NEW YORK (MarketWatch) -- Hartford Financ...
Hartford to keep U.S. property, life units
NEW YORK -- Hartford Financial Services Group Inc, which last week got preliminary approval to tap US$3.4-billion of federal bailout funds, said on Monday it plans to keep its U.S. property and casualty and life businesses, ending speculati...
National Interstate Insurance Celebrates Its 20 Year Anniver
RICHFIELD, Ohio, May 19, 2009 (GLOBE NEWSWIRE) -- National Interstate Corporation (NasdaqGS:NATL - News), and its principal operating subsidiary, National Interstate Insurance Company, proudly celebrate 20 years of serving the transportatio...
FirstBest Announces App Forms Reader and Dashboard Features
ORLANDO - FirstBest Systems, Inc., developer of advanced Underwriting Management Systems (UMS) that enable property and casualty insurance carriers to profit from better underwriting, announced today at ACORD, that it will offer FirstBest A...
EDS, an HP Company, Enhances Electronic Notification Solutio
LAKE BUENA VISTA, Fla., May 18, 2009 EDS, an HP company, today announced key enhancements to its electronic notification solution for the insurance industry, including features that enable insurers to reduce costs and improve customer satis...
CEI Insurance Services Creates Marketing Alliance with Claim
TREVOSE , PA CEI Insurance Services, a business unit of The CEI Group, Inc., has established a strategic alliance with ClaimHub, Inc., to offer a turnkey claims processing and direct repair solution for automobile insurance carriers. The co...
Arthur J. Gallagher & Co. Acquires Nourse Insurance Brok
ITASCA, Ill., May 18 /PRNewswire-FirstCall/ -- Arthur J. Gallagher Co. today announced the acquisition of Nourse Insurance Brokers, Inc. in Walnut Creek, California. Terms of the transaction were not disclosed. Founded in 1935, Nourse Insur...
Dispute over insurance premium keeps case in court
When an employer and a carrier dispute the amount of premium the employer owes on a workers' comp insurance policy, and the carrier cancels a second policy due to the employer's refusal to pay the premium on the first policy, there is an is...
Bluewave Named 'Company to Watch "in 2009 Vanguards in
ORLANDO, Fla., May 18, 2009 (GLOBE NEWSWIRE) -- BlueWave Technology, a leading provider of claim management solutions for the property/casualty insurance industry, is pleased to announce the company has been named the ``Company to Watch'' i...
A.M. Best's 2009 Edition of Best's Statement File - Canada A
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has released the 2009 editions of Bests Statement File Canada , Property/Casualty and Life/Health . Bests Statement File Canada , which enables users to take a closer look at the Canadian insur...
RBS slammed for withdrawing fixed rates
Royal Bank of Scotland, the taxpayer-funded bank, drew criticism last week after withdrawing its two-year fixed-rate mortgages only days after raising rates on some deals. RBS pulled its two-year loan at 3.89% for borrowers with a 30% depos...
A Question of Money
KP writes: I have received a huge council tax bill and a court summons from Southwark council, south London, for a property with an address I have never lived in although it is similar to one I occupied for seven months more than two years...
Homeowners with trackers face shock rise
Hundreds of thousands of homeowners with super-low trackers face a payment shock of as much as 7,000 a year in the next two months even as the Bank of England indicated last week that interest rates could remain at lows for some time. Broke...
Allstate Approved For TARP Participation
May 17, 2009 (FinancialWire via COMTEX) -- ALL | Quote | Chart | News | PowerRating -- (Comment on this article at http://www.financialwire.net/2009/05/17/allstate-approved-for-tarp-participation/) May 15, 2009 (FinancialWire) -- The Allsta...
The Sullivan Group Walter Hagan Account Executive Sapelo Cre
Sapelo Insurance President Chuck Stein hired Hagan to assist small to middle market businesses with their insurance programs. A native of Savannah, Hagan started with the company March 31. It's great to be back in my hometown and helping bu...
Movers and Shakers for May 17, 2009
Devin Haughey recently joined DeCotis Insurance Associates Inc. as its chief operations manager. He is responsible for the general management and operations of the company. Prior to joining DeCotis, Haughey served as vice president, operati...
Meadowbrook Insurance Group increases 1Q net income 92%
Insurance Group (NYSE:MIG), reported a 92 percent increase in net income to $13.5 million, or 24 cents per diluted share, in the first quarter 2009 that ended March 31, up from $7.1 million, or 19 cents per share for the same period in 2008...
Top 100 Agencies: Deadline to Submit, June 1
Insurance Journal is on the search for the nation's leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now, agencies have three ways t...
Bailout funds extended to insurance companies
The Department plans to extend beyond the bailout fund for banks and automakers to six of the largest life insurance companies. The government has granted preliminary approval of Prudential (PRU), Lincoln National (LNC), Allstate (ALL), CFO...
Survey of expert actuaries and risk does not show with busin
SCHAUMBURG, Ill., May 14 /PRNewswire/ -- The global economic downturn has undoubtedly caused organizations of all types to take a renewed look at their risk profiles, but their subsequent approaches are not necessarily clear cut. A recent su...
Top 100 Profile: Locked into the Customer
As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, we wanted to highlight a few of our current Top 100 agencies. Throughout the coming weeks, Insurance...
National Insurance Crime Bureau Data Shows Increase in Fraud
Is the poor economy driving people to commit insurance fraud? While there has been considerable speculation within the insurance industry, law enforcement and the news media that money woes have forced some people to break the law in order t...
Arch Chairman to Retire, CEO to Wear Additional Hat
Constantine (Dinos) Iordanou, president and chief executive officer of Arch Capital Group Ltd., is taking on the additional post of chairman of the board, effective November 2009, following the retirement of Chairman Paul B. Ingrey. Ingrey...
Two veterans Corporate Risk Join Alliant Insurance Services
NEWPORT BEACH, California, May 11, 2009 (BUSINESS WIRE) - Alliant Insurance Services, the nation's largest brokerage firm insurance specialist, has announced the addition of Theodore G. Barlas, CIC, ARM, and Diana Jacobs, CIC, at its Chicag...
AIG sells Japan headquarters for $1.2 billion
CHARLOTTE, NC - Embattled insurer American International Group Inc. said Monday the sale of its headquarters in Japan Nippon Life Insurance Co. for $ 1.2 billion in cash. The transaction, which is among the largest sales in New York, AIG ha...
Mercer Insurance Group Inc. Reports Operating Results (10-Q)
Mercer Insurance Group Inc. (MIGP) filed Quarterly Report for the period ended 2009-03-31. Mercer Insurance Group builds the service around clients. They have established their company and the good reputation through continually reaching fo...
Hard-pressed home-owners skimp on insurance
Consumers are abandoning non-compulsory motor and home insurance in an effort to cut costs in the recession. Esure, the insurer, has reported a 10% fall in the take-up of no-claim discount protection in the six months from September to Marc...
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AIG Puts Industry Backlash 'Back to Square One ",
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Fitch profit overwhelmed by the loss of investment for
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Conn. lawmakers Hold Hearing On AIG Bonuses
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News Focus - Lloyd's CFO Goomy about investment.
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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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Natural disaster damage losses paid by insurance companies have been doubling
Texas Insurance Association Center wind storm for
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Allstate Applauds Introduction of STANDUP Act
NORTHBROOK, Ill.--(BUSINESS WIRE)-- Allstate Protection President George
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