Texas’ largest home insurer plans to raise rates 4.5 percent statewide…
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American Capital Acquisition Corp. and its minority partner, insurance holding company AmTrust Financial Services, said they’ve completed the acquisition of 10 GMAC subsidiaries in the U.S. consumer property/casualty insurance sectors. Financial details were not disclosed and attempts made to all three companies for comment were not immediately successful.
Property and casualty insurance industry net income nearly tripled in 2009, to $35 billion, according to the Highline Data Performance Monitor…
The Missouri Department of Insurance said its fledgling captive industry saw “explosive” growth in 2009, with annual premiums jumping to just more than $1 billion up from $123 million in 2008…
Florida’s Southern Oak Insurance Co. has some explaining to do and several other of the state’s property insurers may be soon to follow…
Attorneys for Kevin Fitzpatrick, the former CEO of American International Group’s global real estate business, want a court to invalidate subpoenas for phone and credit card records that have been served on their client and his wife…
The Big “I” today commended the U.S. House of Representatives for holding a joint hearing titled “Approaches to Mitigating and Managing Natural Catastrophe Risk: H.R. 2555, The Homeowners’ Defense Act”…
One-stop online source supports agents’ full training & development needs Fairfield, Ohio – March 10, 2010 – Ohio Casualty, a…
“Hitting this benchmark is a key milestone for NIPR and demonstrates that our products and services are vital to the daily operations of the insurance industry,” said NIPR Executive Director Maryellen Waggoner…
Marsh & McLennan Agency, a subsidiary of US-based insurance broker Marsh, has appointed Lisa Hoffmann as chief information officer, Benjamin Newman, senior vice president of mergers and acquisitions, and Sharon Werner, senior vice president of human resources.
Marsh, the world’s leading insurance broker and risk advisor, today announced the appointment of Jonathan Zaffino as U.S. Global Risk Management Casualty Practice Leader…
New York has a history of moderate-sized earthquakes (defined as an event with a magnitude between 5.0 and 5.9) across the state…
Fiserv (NASDAQ: FISV), the leading global provider of financial services technology solutions, announced today that Bank Ayudhya Public Company…
One-stop online source supports agents’ full training & development needs San Diego, CA – March 4, 2010 – Golden…
They are: Lisa R. Hoffmann, chief information officer; Benjamin A. Newman, senior vice president, Mergers & Acquisitions, and Sharon M. Werner, director of Human Resources…
Ironshore Inc. said it is expanding its political risk insurance and other trade-related insurance coverage outside of its existing Lloyd’s operations…
For the second time this year Massachusetts Attorney General Martha Coakley said her office reached a settlement with a group of insurance companies over allegations they were overcharging for motorcycle insurance. The settlement is expected to return $9 million to policyholders…
New Mexico Insurance Superintendent Morris Chavez has been placed on indefinite leave by the state Public Regulation Commission. The action, which took place Jan. 28, is due to an “administrative matter”…
South Dakota insurers are fighting legislation they say would amend subrogation statutes to effectively end their right to obtain reimbursement from responsible parties for benefits they paid to their customers…
Four New Port Richey residents have been arrested as co-conspirators to a claim adjuster’s scheme to defraud Zurich Insurance Group out of more than $240,000…
