Brownsville, Texas-based Pronto Insurance has announced it is now offering auto insurance discounts to Texas customers who insure multiple vehicles, implement an automatic withdrawal payment plan (EFT) or pay six months in full. The new Pronto Insurance discounts are available …
A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb-” of Ironshore Inc. ,based in the Cayman Islands, and the financial strength rating of ‘A-‘ (Excellent) and ICRs of “a-” of its operating subsidiaries. These include Ironshore Insurance …
The insurance industry continues to lose its battle against a proposed ban on property insurers dropping or changing coverage because of corrosive Chinese-made drywall. The proposal will be debated by the full House after getting approval from the House Insurance …
The head of bailed-out insurance giant American International Group on Wednesday said the company was on its way to repaying the government, but a U.S. Treasury official said taxpayers could still face losses. AIG is operating with $132 billion in …
Alteris Inc. and California-based specialty insurance program administrator Tangram Insurance Services are introducing a commercial janitorial package program to be available in four western states. Alteris’ commercial programs division, headed by Vice President Jackie Bourret, will provide program management oversight …
A judge has ordered the pretrial merger of at least 40 California state court lawsuits filed against Toyota over cars that have raced out of control, including a case stemming from the fatal crash that sparked the automaker’s recall crisis. …
Property rates will continue to drop 5 percent to 15 percent for most risks, despite record global catastrophic losses seen in early 2010, according to Aon Corp.’s 2010 U.S. Insurance Market Overview. Property capacity levels are very strong for the …
The threat of an above-average 2010 Atlantic hurricane season has heightened over the past month and it now promises to be “a hell of a year,” a leading U.S. forecaster said Wednesday. William Gray, the hurricane forecast pioneer who founded …
The nation’s most knowledgeable drivers are in Idaho, Wisconsin, Montana and Kansas, while the least knowledgeable are in New York, New Jersey, Hawaii and California. That’s according to results from the 2009 GMAC Insurance National Drivers Test, which found that …
The Massachusetts Medical Society says the state’s doctors are under increasing pressure from a series of factors — including malpractice insurance prices — a trend that could undermine patient care. The doctor’s group report released Tuesday cited four major concerns, …
