September 30, 2008
Bermuda’s Argo Group International Holdings, Ltd., an international underwriter of specialty insurance and reinsurance products in the property and casualty market, has acquired privately held Insight Insurance Services Inc., a specialist in professional liability insurance for accounting professionals, architects, engineers …
September 30, 2008
Columbus, Ohio-based Grange Insurance recently named Ohio State President E. Gordon Gee to its board of directors effective Oct. 1, 2008. Gee replaces James L. Setterlin who recently announced his retirement from the Board after 21 years of service. Before …
September 26, 2008
Each year, deer-vehicle crashes cause more than 200 deaths and tens of thousands of injuries, while racking up $1.1 billion in property damages. Based upon Erie Insurance’s decade of deer-vehicle collision data, we estimate that about one in every 100 …
September 26, 2008
Illinois residents and businesses in the St. Louis metropolitan area will not yet be forced to pay more for flood insurance than counterparts on the Missouri side of the Mississippi River, the Federal Emergency Management Agency decided. FEMA’s decision means …
September 26, 2008
State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their advocacy for federal regulation. The state regulators spoke out …
September 25, 2008
Illinois Governor Rod Blagojevich has declared three more Illinois counties state disaster areas after severe flooding from September 13 and 14 as the aftermath Hurricane Ike hit the Midwest. The governor’s office says the state disaster declaration for Bureau, Kendall …
September 24, 2008
In testimony before the U.S. International Trade Commission, the Property Casualty Insurers Association of America (PCI) stressed the “importance of the U.S.-China insurance trade relationship.” The PCI also told the Commissioners of the “need to allow foreign insurers access to …
September 24, 2008
Boston-based Liberty Mutual Group finalized its acquisition of Seattle, Washington-based Safeco Corp. on Sept. 22 after entering the agreement in April. While improving its scale and geographic reach, the transaction strengthens Liberty’s already nationally-established standing to fifth largest property and …
September 24, 2008
An Illinois Senate committee wants to require insurance companies to cover expanded treatment for autism. It’s the Senate’s third attempt this year to approve the measure, which would require insurers to cover up to $36,000 a year and unlimited doctor …
September 24, 2008
Confie Seguros, a provider of auto insurance with an emphasis on serving Hispanic consumers, has acquired auto insurance brokerage West Coast Auto Insurance Services. The acquisition broadens Confie Seguros’ presence throughout California. According to the company, its management team has …