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Unitrin to Exit Automobile Finance Business

March 24, 2009

Business Editors CHICAGO–(BUSINESS WIRE)–March 24, 2009–Unitrin, Inc. (NYSE: UTR) announced today that its subsidiary, Fireside Bank (“Fireside”), will suspend all…

NAIC’s Interstate Compact, NIPR Announce Expansions

March 20, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire March 19, 2009 Thursday 04:11 PM EST 392 words NAIC’s Interstate…

Appeals Court Refuses to Reconsider Decision in First Unum Disability Denial Case

March 20, 2009

The Second Circuit U.S. Court of Appeals has denied First Unum Life Insurance Co.’s request to reconsider a decision in…

AIG: NAIC Corrects Misinformation

March 20, 2009

  Policyholders Protected Under State Regulatory Authority WASHINGTON, D.C. (March 19, 2009) — In the face of continuing media and…

Swiss Re: 2008 Was Third-Worst Year For Catastrophes

March 19, 2009

Last year was one of the worst on record for catastrophe losses, with North America and Asia suffering particularly heavily,…

Conn. Attorney General Calls AIG’s Justification of Payout of Bonuses ‘a Joke’

March 18, 2009

The Connecticut attorney general has called the most recent claim from American International Group Inc. that it had to dole…

Rural Community Insurance Services Launches Write Your Own Program for Flood Insurance

March 17, 2009

Business Editors ANOKA, Minn.–(BUSINESS WIRE)–March 17, 2009–Rural Community Insurance Company (RCIC), a Wells Fargo Company and subsidiary of Rural Community…

Captive Insurance Industry Not Immune To Bad Economy

March 16, 2009

Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance March 9, 2009 SPOTLIGHT: CAPTIVE INSURANCE; Pg. 9 1254 words Captive insurance…

Insurers Win in Conn. on Insurance Scoring, Flex Rating and ‘Bad Faith’

March 16, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire March 13, 2009 Friday 04:25 PM EST 482 words Insurers Win…

New York Court Rejects Greenberg Appeal in AIG Suit

March 16, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire March 13, 2009 Friday 04:13 PM EST 518 words New York…

Nationwide Insurance Survey Finds More Americans Unable to Recover from ID Theft in Tough Economy

March 15, 2009

Business Editors COLUMBUS, Ohio–(BUSINESS WIRE)–March 16, 2009–In another sign of the tough economy, a new Nationwide Insurance survey found that…

A.M. Best Downgrades Ratings of United Automobile Insurance Group

March 13, 2009

A.M. Best Co. has downgraded the financial strength rating to C (Weak) from B- (Fair) and issuer credit ratings to…

NAIC Testifies On Impact Of Climate Change On Insurance Industry

March 13, 2009

WASHINGTON, D.C. (March 12, 2009) – Testifying today on behalf of the National Association of Insurance Commissioners (NAIC), Wisconsin Insurance…

AIG Bailout Rescues the Undeserving, TheStreet.com Says

March 12, 2009

Copyright 2009 TheStreet.com, Inc.All Rights Reserved TheStreet.com March 11, 2009 Wednesday 12:30 PM EST SECTION: NEWS & ANALYSIS; Insurance LENGTH:…

Allstate Chairman Calls for Financial Services Reform

March 11, 2009

Business Editors NORTHBROOK, Ill.–(BUSINESS WIRE)–March 11, 2009–The following comments were provided by Allstate Chairman Thomas J. Wilson today at the…

Special Agent Erin Esurance Featured in ‘Star Trek’ Movie-Themed Game

March 11, 2009

Erin Esurance Undertakes a New Mission on the Ice Planet Delta Vega SAN FRANCISCO, March 11 /PRNewswire/ — Esurance, the…

Liberty Mutual CEO Criticizes Federal Bailout of AIG

March 11, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire March 10, 2009 Tuesday 04:32 PM EST 339 words Liberty Mutual…

How a Risk-Financing Vehicle Became the Nations Largest Medical Malpractice Risk Retention Group

March 11, 2009

Copyright 2009 Insurance Communications The Risk Retention Reporter March 2009 Vol. 23, No. 3 1501 words How a Risk-Financing Vehicle…

Fitch: Government Support Overrides 4Q’08 Loss for Most AIG Ratings; Hybrids Downgraded

March 11, 2009

Business Editors CHICAGO–(BUSINESS WIRE)–March 11, 2009–(This amends a press release originally issued on March 2. Corrected ratings include the HSB…

N.Y. State Insurance Fund Chief Quits Under Fire

March 10, 2009

Copyright 2009 A.M. Best Company, Inc.All Rights Reserved BestWire March 9, 2009 Monday 04:24 PM EST 358 words N.Y. State…

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