One of the U.S. senators who has sponsored legislation to give insurance companies the option of being regulated by the federal government instead of by states is leaving the Senate Banking Committee that deals with many property/casualty insurance issues. Sen. …
Startling Results “We wanted to know what these insurance agents see for 2008, and the results were more than a little startling.” —Joe Wheeler, vice president of Self Insured Solutions (SIS), commenting on a survey his company conducted with California …
Insurers defend recent years’ profits, deny allegations and call national consumer group’s report ‘fatally flawed’ A national consumer organization has charged that property casualty insurers are unfairly overcharging for home and auto insurance at the same time they are reducing …
In the largest survey of its kind, fewer than half of California’s 10,000 business insurance agents see California’s business economy improving, either for themselves or for their clients, in 2008. The study also found that, despite recent statements by California …
New Zealand Trade Minister Phil Goff said this week he’s hopeful China and New Zealand have completed formal talks to finalize a free trade agreement between the two states — the first such deal by China with an advanced economy. …
Announcing plans for major growth in the Texas marketplace, State Auto Middle Market Insurance (SAMMI), said it will host an open house Jan. 28 in its new office in Austin to celebrate the unit’s entrance into the state. The company …
U.S. investors are heading into 2008 stung by a series of legal and regulatory setbacks, analysts say, with the latest the Supreme Court’s ruling in the Stoneridge case protecting businesses from securities-fraud lawsuits. Tuesday’s ruling follows a decision late last …
In the largest survey of its kind, fewer than half of California’s 10,000 business insurance agents see California’s business economy improving – either for themselves or for their clients – in 2008. The study also found that, despite recent statements …
The Travelers Cos. Inc. will pay $6 million to settle investigations in nine states and the District of Columbia over how it paid brokers. The St. Paul-based company said it had reached agreements with attorneys general in Michigan, Florida, Hawaii, …
The subprime mortgage meltdown has been a leading story on the front pages of newspapers around the country for the past few months. The uproar also has led to a flood of new lawsuits and to concerns about how much …
