Farmers Insurance Group of Companies announced a special discount program for new parents in the state of Utah. New parents will be eligible to earn discounts on auto insurance. Farmers has also arranged for new parents to qualify for low-cost …
The California Court of Appeal has affirmed a ruling that a person not covered by an insurance policy cannot sue the insurer for alleged negligence for delaying payment to the person who is insured. The ruling in Adelman v. Associated …
Access to full-motion video results of the Insurance Institute for Highway Safety’s (IIHS) low-speed front and rear bumper crash tests for seven new midsize sport utility vehicles is available at progressive.com. The latest tests report marginal to poor bumper ratings …
Over the next few weeks, Fitch plans to study the ratings on the property/casualty insurance and reinsurance companies in its ratings universe which have material U.S. commercial lines exposures, to decide if negative ratings actions are warranted. The move follows …
The latest financial strain on insurers that cover liability settlements for employers of asbestos workers will negatively, but not terminally affect the insurance industry’s finances, a new Standard & Poor’s article said. The issue of asbestos liability for insurance companies …
The National Association of Independent Insurers (NAII) said it is cautiously optimistic about the Senate vote to increase funding levels for implementation of the North American Free Trade Agreement (NAFTA) by $15 million beyond the Bush Administration’s original budget request. …
New Concept Insurance Agency of Vermillion, S.D., was purchased by Community First Insurance Inc., an affiliate of Community First Bankshares Inc. New Concept was started in 1981 by Rich Job and focuses on commercial, personal and farm insurance products. Community …
Anthony Clark International Insurance Brokers Ltd. (Toronto) announced that it has acquired 779451 Alberta Ltd., an independent general insurance brokerage representing approximately $1,000,000 in premiums and located in Calgary, Alberta, Canada. This represents the 18th acquisition of a network of …
Citing a strong upward trend in red light running fatalities, a group of leading safety organizations has banded together to form the Washington, D.C.-based National Campaign to Stop Red Light Running. The goal of the Campaign is to reduce the …
Stockton, Calif.-based S.N. Potter Inc., a full service countrywide manager for property and casualty insurance programs, announced the creation of Rural Special Districts Insurance Services (RSDI) to write water, irrigation, and emergency services business with KEMPES, the program-specific subsidiary of …
