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    • Hot Wheels: Vehicle Theft Continuing to Decline

      Hot Wheels 2009 , the National Insurance Crime Bureau's (NICB) companion study to its popular Hot Spots auto theft report, examines data reported to the National Crime Information Center (NCIC) and determines the vehicle make, model, and mo...

    • Lloyd's appoints new president of North America

      Lloyd's has announced that Hank Watkins has been appointed as its new President, North America. Watkins will be responsible for all Lloyd's operations in the US and Canada, including offices in New York, Kentucky, Illinois, Los Angeles, Vir...

    • Federal Regulation- Good Or Bad; Wanted Or Unwanted?

      Selling the state agency that provides workers' compensation insurance could result in a long legal challenge, a former Oklahoma attorney general warned a legislative panel Wednesday. The sale of CompSource Oklahoma to a private insurance c...

    • From Mickey Mouse To Medi-Spas

      Since the 1950s, marketers have been targeting the Baby Boom generation to promote their wares -- everything from coonskin caps and Hula Hoops to hybrid cars and Harleys. Now the first Boomers are reaching retirement age and, unless they ha...

    • Michigan Bars Insurer, Alleging Surplus Insurance Fraud

      Michigan regulators charged an insurer with selling fraudulent certificates of surplus insurance and issued a cease-and-desist order banning it from doing business in the state. The order affects Novus Centuriae Inc., alleged by regulators...

    • Senior House Democrats Question Insurers About Business Practices

      U.S. Rep. Henry Waxman, chairman of the House Energy and Commerce Committee, and Rep. Bart Stupak, chairman of its Oversight and Investigations Subcommittee, sent letters to insurance companies, saying the committee is examining executive c...

    • Louisiana Last-Resort Insurer Looks to Prevent 'Potentially Catastrophic' Judgment

      Louisiana's state-run insurer of last resort as well as the property insurance industry in the state are hoping to buy some time to avoid what the Department of Insurance is calling a potentially catastrophic event. Louisiana Citizens Prope...

    • Geico to Expand Operations in Western New York

      Berkshire Hathaway's Geico, the largest provider of private passenger automobile insurance in New York, is expanding its operations site for Geico Insurance Agency at its Amherst, N.Y. service center, investing $2.4 million and creating abou...

    • Perspectives: Captive Insurers Find Caution Keeps Them in the Black

      A sudden downpour could not dampen the spirits of those attending the opening reception at the 24th annual Vermont Captive Insurance Association's conference at beautiful Shelburne Farms on the shores of Lake Champlain in Shelburne, Vt. As...

    • Big Drop since Last Year in Reputation of Car Manufacturers, Investment and Brokerage Firms, and Bank

      ROCHESTER, N.Y.--(BUSINESS WIRE)-- Every year, The Harris Poll asks a cross-section of adults whether they think about 20 leading industries do a good or a bad job of serving their consumers. The latest poll finds very big changes in the las...

    • Big Time Swine

      Big time swine: the toll from swine flu continues to rise with the number infected in the tens of thousands; UP FRONT: News, Updates and Other Emerging Strategies from Around the World Brodsky, Matt The World Health Organization declared on...

    • Captives Weather the Financial Storm

      The financial crisis was a hot topic at the Vermont Captive Insurance Association conference -- although most agreed, captives had fared better than many traditional insurers. Captives have weathered the storm, said John Lochner, principal o...

    • J.D. Power and Associates Reports: Lower Premiums at the Onset of the Current Recession Drive Signifi

      Overall customer satisfaction with auto insurance companies is up significantly in 2009, driven primarily by low premiums, according to the J.D. Power and Associates 2009 National Auto Insurance Study(SM) released today. (Logo: http://www.n...

    • State Auto Financial Declares 73rd Consecutive Quarterly Dividend

      COLUMBUS, Ohio--(BUSINESS WIRE)-- Today the board of directors of State Auto Financial Corporation (NASDAQ: STFC) declared a regular quarterly cash dividend of $0.15 per share, payable September 30, 2009, to shareholders of record at the clo...

    • State Auto Boards Elect New Officers

      COLUMBUS, Ohio--(BUSINESS WIRE)-- The boards of directors of State Automobile Mutual Insurance Company and State Auto Property Casualty Insurance Company have elected two associates assistant vice presidents of the companies. Lawrence (Larry...

    • Uninsured Drivers Racing At Own Risk

      Tim McCreadie of Watertown, N.Y., capped his return to dirt late model racing last August with a victory in the Topless 100 at Batesville Motor Speedway. He added a couple more major victories in the closing months of the season, but his 200...

    • Illinois Fines Insurer, Orders Revamp of Claims Handling

      Illinois insurance regulators have fined Universal Casualty Co. $200,000 and ordered it to immediately correct its claims processes after the company failed to adopt and maintain procedures for prompt investigations and settlements of consum...

    • October Hearing Set On Va. Workers' Comp Premiums

      RICHMOND, Va._Virginia's State Corporation Commission plans to hold a hearing Oct. 20 in Richmond on proposed adjustments in premiums charged for workers' compensation insurance. The SCC said Wednesday that the National Council on Compensati...

    • AIG Nets $1.9 Billion on Sale of Energy Assets

      NEW YORK (TheStreet) -- American International Group(AIG:NYSE) may have shed energy and infrastructure investment assets today, but it hardly did it for free. In fact, as the company announced today, AIG Financial Products raked in more than...

    • California PAYD Regulations Would Allow Per-Mile Discounting

      The California Department of Insurance has revised draft pay-as-you-drive regulations to specifically allow insurance companies to offer discounts to drivers who choose a policy with mileage verification. In a nod to the concerns of privacy...
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