March 19, 2006
Saint Paul, Minn.-based The St. Paul Travelers Companies Inc. announced on Sunday that recent media reports, including a Wall Street Journal article that claimed the company was in discussions with Zurich Financial Services Group regarding the possibility of a merger …
March 6, 2006
Lincoln General Insurance Company has teamed up with First Capital Group’s Midwest Contractors Construction Program. The program is available in Illinois, Indiana, Wisconsin, Michigan, Iowa Oklahoma, Missouri, Kansas, Minnesota, Arkansas and Nebraska. First Capital Group’s Illinois Construction Division serves as …
March 6, 2006
Minnesota sued insurer American International Group Inc. last week rather than accept a settlement that could have been worth $1.2 million. Attorney General Mike Hatch said he estimates the state could be owed as much as $10 million, so he …
March 2, 2006
The Property Casualty Insurers Association of America is calling for reform of Minnesota’s no-fault system. According to the national trade association, drivers in Minnesota pay more for insurance than drivers in most neighboring states due to a no-fault automobile insurance …
March 2, 2006
Indiana-based Conseco Inc. recently announced that William Fritts has joined the company as executive vice president, government relations. “Bill’s extensive experience in government relations and the insurance industry will be an important asset to our senior leadership team,” said William …
March 1, 2006
The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during January. The actions include three license revocations, two license denials and fines and restitution totaling $171, 832. Copies of Geeslin’s orders may be …
February 22, 2006
Minnesota sued insurer American International Group Inc. last week rather than accept a settlement that could have been worth $1.2 million. Attorney General Mike Hatch said he estimates the state could be owed as much as $10 million, so he …
February 21, 2006
Travelers personal lines, a member of St. Paul Travelers, now offers hybrid-driving Americans a 10 percent discount on auto insurance. Travelers made the discount available in 27 states with plans to roll it out in most remaining states in the …
February 20, 2006
Non-franchised Auto DealersNuts & Bolts: DMI Insurance Services Inc. has expanded the range of markets it supplies to producers serving non-franchised auto dealers and automotive specialty shops. The new markets will supply liability and physical damage coverage not been readily …
February 20, 2006
Universal ExcessNuts & Bolts: The Hartford Financial Services Group Inc. introduced Universal Excess, a new excess insurance policy that fits firmly over directors and officers, fiduciary, employment practice, miscellaneous professional and tech errors and omissions products issued by any insurer. …