Michigan’s insurance regulator is requiring insurance companies to get state approval for any changes to personal lines insurance forms before they use them Office of Financial and Insurance Regulation Commissioner Ken Ross earlier this month ordered insurance companies to submit …
Five more auto insurers in Massachusetts have reached settlements with the state’s attorney general over their failure to update at-fault accident information for drivers whom they insure. The companies involved in the settlements are Metropolitan Property & Casualty, Liberty Mutual, …
The Group Protection segment of Lincoln National Corp. announced its expansion of state-mandated disability insurance into Hawaii (called temporary disability insurance or TDI in Hawaii). The state of Hawaii requires employers with two or more Hawaiian employees to provide this …
Keystone Insurers Group (KIG) is continuing its expansion in Kentucky. The company announced it has added Rowland Insurance and Rudd Insurance to its growing list of partner agencies in Kentucky. These two firms join KIG’s network of more than 200 …
The UK’s Lloyds Banking Group is selling its 70 per cent stake in online insurer esure, to a management buyout vehicle to be called esure Group Holdings Ltd. The esure Group is led by the company’s chairman Peter Wood. It …
American International Group Inc. turned down JPMorgan’s attempts to get in on the estimated $10 billion Hong Kong IPO of its Asian life insurance unit, sources involved with the deal said on Friday, in a snub partly stemming from soured …
Shares in Italy’s top motor insurers could become more attractive this year because of the likely success of tariff [premium] increases in a market where rivalry from online and bank sales is still weak. Fund managers plan to increase their …
California Insurance Commissioner Steve Poizner has released a list of 50 companies doing business in the Iranian oil and natural gas, nuclear and defense sectors, and announced that as of March 31, 2010, no investments that an insurer holds in …
Two Congressional leaders are requesting information from five large auto insurers on accidents involving recalled Toyotas. The lawmakers have sent letters to Allstate, Farmers, GEICO, Progressive and State Farm. The letters were sent to chief executives of the five insurers …
The Maryland Insurance Administration has issued a bulletin insurers in the state asking them to accommodate policyholders who have been impacted by last week’s massive snowstorm. Gov. Martin O’Malley declared a state of emergency in Maryland on Friday “Because of …
