Online agency Insurance.com has purchased personal lines insurance shopper 4insurance.com, one of the original insurance sites on the internet. As a result of the acquisition, 4insurance.com will offer car insurance quotes from over a dozen auto insurance companies. Launched in …
The hallmarks of John Morrison’s legacy as Montana State Auditor, the Commissioner of Insurance and Securities, is to help provide more affordable coverage. For example, the state is one of the leading captive domiciles in the West and is “bullish” …
The Property Casualty Insurers Association of America (PCI), a national insurance trade group representing p/c insurance companies, told the Michigan House Judiciary Committee this week that there could be far-reaching negative consequences in passing legislation that would drastically alter the …
Association for Insurance Communicators launches the first web cast in their 2007 Leadership Series Tacoma, WA – The Insurance Marketing Communications Association (IMCA) is launching the first web cast in our 2007 Leadership Series. IMCA is committed to providing high …
An Oregon woman has filed a $5 million lawsuit against the Oregon Province of the Society of Jesus, better known as the Jesuits, claiming she was molested by two priests as a young girl. The unidentified plaintiff, now 48, accuses …
Some of the Rhode Island’s largest employers say they don’t expect any major changes in the benefits they give gay employees after Attorney General Patrick Lynch last week said the state should recognize same-sex marriages performed in Massachusetts. Lynch’s nonbinding …
The Workers’ Compensation Rating and Inspection Bureau of Massachusetts (WCRIB) today submitted to the state Division of Insurance a proposed average rate decrease of 13.4 percent for workers’ compensation insurance effective September 1, 2007. If the WCRIB’s filing is approved, …
Lloyd’s Chairman Lord Peter Levene made a trip to Malaysia’s capital Kuala Lumpur to help launch the London Market’s new subsidiary there, Lloyd’s Labuan Limited, and the upgrading of its reinsurance license. Lloyd’s bulletin explained that until now it “has …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Swiss-based reinsurer Converium AG and its long-term insurer financial strength ratings on guaranteed operating entities Converium Rueckversicherung (Deutschland) AG and Converium Insurance (U.K.) …
Following its upbeat analysis of the personal lines market (See related article in National section), A.M. Best Co. has also given a thumbs up to the global reinsurance market. Best revised its 2007 outlook for the sector to stable, which, …
