The Insurance Bureau of Canada (IBC) has repeated its long-standing call to the government of Newfoundland and Labrador to remove taxes on insurance premiums. “The people of Newfoundland & Labrador have the highest insurance tax burden in the G8,” stated …
Commercial and industrial property insurer FM Global has opened a representative office in Beijing, China following the receipt of approval from the China Insurance Regulatory Commission (CIRC). The regulator gave its go ahead to Factory Mutual Insurance Company, which does …
Germany’s Allianz SE announced that it is set to further reduce its stake in Munich Re by redeeming the “remaining part of 35.65 percent of the BITES bond issued in February 2005 with Munich Re shares at the final maturity …
Wisconsin residents at risk for identity theft have been mailed letters explaining how they can sign up for free credit monitoring and receive special insurance. State contractor EDS Corporation of Texas sent some of the letters on Saturday, Jan. 12. …
Hundreds of people who unwittingly bought homes in Orlando, Fla., near a World War II-era bombing range are suing after learning they could lose their insurance. Attorneys for the residents said Lennar Homes and other builders committed fraud by concealing …
Taken as a group, the nation’s largest public insurance brokers did better in 2007 than 2006, although the continuing soft market will make it harder for them to improve a lot on the 2007 performance in 2008, according to ratings …
Gainesville, Fla.-based Tower Hill Insurance Group introduced instant rate quote technology for Florida homeowners. The feature provides prospective customers researching homeowners insurance options on-line an estimated rate using a limited number of factors. After submitting answers to basic rating fields: …
Insure.com has just released its annual listing of the most and least expensive vehicles to insure, based on the current 20 best-selling cars and small trucks in the U.S. According to the 2008 report, the Dodge Ram Pickup, Chevy Silverado …
Kathy Wood has been promoted to staff services manager in the State Compensation Insurance Fund’s Human Resources Department. In January 1992 Wood began her State Fund career as a customer service representative in the San Francisco District Office. Soon afterward …
An Arizona Supreme Court ruling issued late last week blocks insurance companies from lowering underinsured motorist payments to injured people who have received workers’ compensation. The ruling against Bloomington, Ill.-based State Farm insurance could affect cases where insurers cut payments …
