Protective Life Corporation, of Birmingham, Ala., today announced that its principal subsidiary, Protective Life Insurance Company, has signed an agreement to acquire United Investors Life Insurance Company from Liberty National Life Insurance Company for a purchase price of approximately $316 …
Property/casualty insurers now have access to two standardized watercraft coverage programs for the cost of one. The American Association of Insurance Services (AAIS) has released revised forms and new manual rules and loss cost rating information for insuring privately owned …
A special report from A.M. Best concludes that “robust earnings reports mask challenges ahead for the global reinsurance industry: a convergence of market pressures, low interest rates and tightening financial and market regulations that could impact the industry’s capital. “These …
Solutions Insurance Group LLC of Colorado Springs, Colo., has joined ICA Agency Alliance Inc. based in Colorado Springs. Since it’s inception in 1995, SIAA has signed 3,450 new members in the continental United States.
An explosion ripped through a major Mexican refinery Tuesday, killing one worker and pushing gasoline and diesel prices higher on worries state oil monopoly Pemex will have to import more fuel. Pemex, the world’s No. 7 crude producer and a …
Risk modelers say Hurricane Earl caused extremely minimal damage as it passed by the East Coast and agents in the hardest hit area of the United States, the Outer Banks of North Carolina, are receiving few claims. “We had very …
North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and win them over to his new employer. The former employee, David Austin, …
5 Lessons for Insurance Brand Decision-Makers Since its inception just a few years ago, social networking has provided both hype and hope for businesspeople. Social networking practitioners in the insurance industry have demonstrated over the past year how to deliver …
$99 Billion Annual cost of medical claims and lost productivity attributed to automobile accidents in the United States, according to the Centers for Disease Control and Prevention. That does not include the cost of property or vehicle damage. The costs …
Better Protection Against Insolvency “We’ve long had the ability to intervene when a company is insolvent. … But to protect policyholders, we need to step in much sooner than that. This new law lets insurers know exactly what we’ll be …
