Allstate Insurance Company said it will open an $11.6 million customer information center in San Antonio, Texas, and is planning to hire 600 employees as part of that move. Allstate vice president of direct sales and service Mark Pitchford said …
The appalling loss of life from the earthquake that struck Haiti on January 12 has now been estimated by the government to exceed 230,000. The figure is an approximation, as the exact number may never be known. But it is …
Vortex Insurance Agency LLC (Vortex), based in Overland Park, Kan., has added “Drought Shield” to its list of available weather insurance products. Drought affects a countless number of agriculture related businesses, including hay producers and ranchers, whose livelihood depends on …
Australia’s competition watchdog raised concerns on Wednesday over National Australia Bank’s (NAB) $11.6 billion bid for fund manager AXA Asia Pacific, tipping the scales toward rival bidder AMP. NAB, already the country’s largest manager of retail funds, is bidding against …
A.M. Best Co. reports it downgraded the financial strength rating to B (Fair) from B+ (Good) and issuer credit ratings to “bb” from “bbb-” of Oklahoma Farm Bureau Group and its members, Oklahoma Farm Bureau Mutual Insurance Company and AgSecurity …
Bermuda-based Armour Reinsurance Group Holdings Limited announced the appointment of Katherine Barker as President of its US subsidiary, Armour Risk Management Inc. and group vice president. Armour Risk is the group’s global insurance servicing arm. Barker has more than thirty …
A trade group for New York insurance agents says it will sue the state over newly issued rules that would force agents to reveal to clients how much they are paid. The Independent Insurance Agents and Brokers of New York …
MetLife Inc. plans to pay American International Group Inc. in stock and cash for American Life Insurance Co. (Alico), as the two sides negotiate what could be a roughly $15 billion deal, a source familiar with the matter said Tuesday. …
Trey Lowack has joined North Texas-based independent insurance and financial services brokerage firm Higginbotham & Associates as a property/casualty account executive. Lowack has 12 years of experience in sales and marketing. He will be based in the firm’s Dallas office. …
Daniel Pigg, co-owner of the Howard Clare Insurance Agency in Terre Haute, Ind., has been honored with a Graduate of the Last Decade (GOLD) Award from Indiana State University. The ISU GOLD Awards recognize graduates who are outstanding in their …
