The Property Casualty Insurers Association of America is calling for reform of Minnesota’s no-fault system. According to the national trade association, drivers in Minnesota pay more for insurance than drivers in most neighboring states due to a no-fault automobile insurance …
The Progressive Group of Insurance Companies has announced it is now offering commercial auto insurance in West Virginia. While Progressive’s commercial coverages are available directly to consumers by phone and over the Internet, the company said most consumers choose to …
When flood waters subside, one of the first things to surface is the scam artist. Officials in Texas and Louisiana have issued warnings about telephone finagling and in-your-face scams. Their advice: Guard your personal information. If you suspect somebody is …
Despite Hurricane Katrina’s devastation, a new survey says that most Americans are not very concerned about buying flood insurance for their homes. Only 14 percent of Americans say they have purchased flood insurance for their primary residence, according to the …
Insurance fraud and “hot topics” facing the insurance industry will be discussed by South Carolina Attorney General Henry McMaster and Director of Insurance Elanor Kitzman during the March 22 and 23 annual Spring Conference and Exhibition held in Columbia, S.C. …
Insurance issues will be one of the topics discussed during March 7 consumer workshops sponsored in Nashville by the Tennessee Department of Commerce and Insurance and the Tennessee Department of Financial Institutions. The workshops will be held at the Millenium …
Germany’s Allianz announced on its Web site (www.allianz.com) that it has launched its first joint life and non-life insurance Sales Center in Shenzhen, China. “The Center maximizes the synergies between Allianz’ life and non-life insurance operations in China and offers …
Big reinsurance companies also take big hits when natural catastrophes occur. So its not too surprising that Swiss Re’s 2005 earnings report reflects the overall losses from an exceptionally violent year. Net profits fell by 41 percent from CHF2.475 ($1.887 …
Standard & Poor’s Ratings Services announced that it has raised its long-term counterparty credit and insurer financial strength ratings on Russia-based insurer Neftepolis Insurance Co. LLC to “B” from “B-“, and its Russia national scale rating on Neftepolis to “ruA” …
Dublin-based consultants Research and Markets announced that it has added a new title to its offering, “The Future of Brokers in UK Personal Lines Insurance.” “This report examines the future prospects for brokers in the ultra competitive personal lines sector,” …
