France’s AXA recorded growth in all sectors, life, p/c and financial services for the 1st quarter. Bolstered by extremely strong performances from its North American subsidiaries the company registered an overall gain of 32.6 percent. The earnings report gave the …
Standard & Poor’s has placed its ratings on several insurance companies with significant exposure to the California workers”comp market on CreditWatch with negative implications. These rating actions, combined with recent negative rating actions taken on Fremont General Corp. and related …
On May 8, Standard & Poor’s (S&P) lowered its various ratings on Fremont General Corp. and related entities and placed them on CreditWatch with negative implications. The ratings actions came soon after Fremont’s release of first-quarter earnings, which did not …
AB 2733, passed out of the Assembly Transportation Committee yesterday, would create new penalties for brandishing a firearm or other deadly weapon while driving a vehicle. The bill also proposes to include driver’s license suspensions for acts of violence committed …
U.S. insurer Reliance Group Holdings has reported greater-than-expected first-quarter losses based on poor underwriting performance. The New York-based company has seen share prices plummet 86 percent over the last two years as concerns about its debt and exposure to the …
Presidential candidate George W. Bush will unveil today a proposal to offer tax incentives to buy insurance for nursing home care and financial relief for people who care for a parent or elderly person at home. The idea was fueled …
DALBAR Inc. has announced the top insurance web sites for financial professionals and consumers for the first quarter 2000, with American Skandia, John Hancock and Nationwide topping the web sites serving professionals, while Prudential, Fidelity, New York Life and TIAA-CREF …
A new national survey reveals that 77 percent of teen-agers speed when driving, 39 percent never wear seat belts or wear them only occasionally and 21 percent drive after drinking. This information is the result of a new survey of …
Hilb, Rogal and Hamilton Co. has completed three fold-in acquisitions, expanding the company’s operations in southern California, Dallas and Orlando. In Newport Beach, Calif., Hilb, Rogal and Hamilton subsidiary Professional Practice Insurance Brokers acquired virtually all of the operating assets …
The rising price of gasoline has Americans changing their driving habits according to a recent survey by Progressive Insurance. The survey of 397 consumers showed that 49 percent are driving less because of inflated gas prices, and 53 percent are …
