Online insurance agency insurance.com said its records show that car insurance rates across the nation declined 3.5 percent in 2009 to $1,803 per year. The company said the decline followed a rate increase of 8 percent in 2008. According to …
States with high homicide rates also tend to have higher rates of traffic deaths than other states, says a University of Michigan researcher. In a new study in the current issue of the journal Traffic Injury Prevention, Michael Sivak of …
The insurance industry may not see a return to relative stability and certainty for a few years as it reacts to the effects of regulatory reform, increased government intervention and potential tax law changes in the aftermath of the financial …
The ACE Group announced the appointment of Michael Furgueson to the newly created post of President, Multinational Client Group, ACE Overseas General. He will be responsible for leading the company’s commercial property and casualty insurance capabilities targeted to large multinational …
The number of Securities and Exchange Commission settlements declined for the second consecutive fiscal year in 2009, with 626 defendants, compared to 673 in FY 2008, according to the global consultng firm, NERA Economic Consulting, in its fiscal year-end SEC …
Arch Insurance Europe announced that Alex Mitchell has joined the Property Underwriting team as UK Retail Property Manager. He will be contributing to the development of Arch Europe’s Property Insurance offering by targeting clients in the UK Retail and UK …
Steve Brooks, President of Steve Brooks Insurance Services based in Westlake Village CA, and Eric Bossuk, President of Tri County Insurance based in Calabasas, CA, have announced that the two companies will be merging, effective January 1, 2010. Bossuk will …
Bermuda-based PartnerRe Ltd. announced its successful cross-listing on both the NYSE and Euronext Paris stock exchanges. The company said the cross-listing facility, effective immediately, is consistent with its “commitment to providing investors with a Euro-denominated, European-listed trading platform for PartnerRe …
Chartis is offering expanded personal security services from its Private Client Group. The insurer has introduced two complimentary resources, emergency preparedness services and access to Insite Security, to supplement Private Client Group’s property and liability insurance offerings for high net …
Bermuda-based PartnerRe Ltd. announced that it has completed its acquisition of 100 percent of the outstanding common shares of PARIS RE Holdings Limited, following the approval by PARIS RE’s shareholders of the previously announced merger [See IJ web site – …
