substandard auto News

Kemper, Infinity Shareholders Approve Merger

Kemper Corp. and Infinity Property and Casualty Corp.reported that the companies’ respective shareholders approved proposals related to the agreement announced in February under which Kemper will acquire Infinity. According to the companies, the proposals received overwhelming shareholder support, with more …

Big Deal: Insurer Signs NBA Star Shaq as Brand Spokesman

Tennessee-based nonstandard auto insurance provider The General has signed its first real-life brand ambassador and he’s a big one: NBA Hall-of-Famer Shaquille O’Neal. In his brand ambassador role, the 7-foot, 1-inch O’Neal will represent the company in television commercials and …

New York’s Interboro Buys OneBeacon’s AutoOne

OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned risk insurance markets primarily in New York and New Jersey. …