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Moreover Technologies - Insurance industry news - 30 of 10766 returned |
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Brown & Brown buys Advanced Insurance Concepts for undisclosed amount DAYTONA BEACH, Fla. (AP) -- Insurance provider Brown & Brown Inc. said Monday it bought Advanced Insurance Concepts Inc., which operates in Delaware, Pennsylvania and New Jersey.Financial terms were not disclosed.Advanced
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Corzine: Bush's Health Insurance Decision is A 'Victory' New Jersey will continue to offer free or low-cost health insurance to children in families earning up to 350 percent of the poverty level, under a reversal by the Bush administration.A White House directive last summer gave states until today to cap
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Fortis Inc. spends $24 million to raise stake in Caribbean Utilities Fortis now indirectly owns more than 15.7 million shares of CUC, increasing its ownership position by two percentage points to 56 per cent. The Canadian company said it took part in a rights offering by CUC, part of a broader financing by the subsidiary
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AIG Earnings Call, Second Quarter 2008 American International Group added that excluding one-time items, the loss per share came to 51 cents. The company?s general insurance segment reported a 54.3% drop in operating income to $1.39 billion, while the life insurance and retirement services
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Gervais's next movie set at insurance firm Gervais's next movie set at insurance firm LONDON, Aug. 18 (UPI) -- Ricky Gervais, the British creator of the hit TV comedy "The Office," says he is working on a quirky movie about workers at an insurance company. The British newspaper The Independent
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Friends Provident keeps FTSE in check Friends 4p, or 4.5%, to climb to 92.8p having earlier come within touching distance of 94p. It was followed by Tullow Oil, which climbed 25p, or 3.69%, to 702p, and Man Group, up 13p to 519.5p. Shares in the the London Stock Exchange Group suffered the
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Brown & Brown buys Advanced Insurance Concepts Insurance provider Brown & Brown Inc. said Monday it bought Advanced Insurance Concepts Inc., which operates in Delaware, Pennsylvania and New Jersey. Financial terms were not disclosed. Advanced Insurance Concepts, which is based in Bensalem, Pa., and
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ILO launches insurance facility for low-income earners Extract not available.
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Lloyd?s scoops top reinsurance award The Lloydâ??s market has been awarded â??Best overall reinsurance market organisation in 2008â?? by readers of .The Lloydâ??s market has been awarded â??Best overall reinsurance market organisation in 2008â?? by readers of .
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A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A. Catch the latest news, pictures, stats and live race commentary on our special Formula 1 page. Full Coverage
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Insurance provider Brown & Brown buys Advanced Insurance Concepts for undisclosed amount - 1:59 p.m. DAYTONA BEACH, Fla. (AP) - Insurance provider Brown & Brown Inc. said Monday it bought Advanced Insurance Concepts Inc., which operates in Delaware, Pennsylvania and New Jersey. Financial terms were not disclosed. Advanced Insurance Concepts,
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Fortis appoints head of Merchant Banking Asia Pacific Fortis has appointed Paul Schuilwerve as Senior Managing Director, Head of Merchant Banking Asia Pacific with effect from 15 August 2008. Mr Schuilwerve will report to Luc Henrard, CEO Asia Pacific, and Frans van Lanschot, CEO Asset Based Finance. Based
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Britons ignore life insurance New research has revealed that over 30% of UK adults do not have life insurance cover for the sole reason that they have neglected to think about it. No steps were taken either, as this 37 per cent of individuals did not even consider taking one out. The
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U.S. Insurers' Exposure to Fannie Mae/Freddie Mac Manageable The U.S. insurance industry's exposure to securities issued by Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that aid liquidity in the mortgage market, is substantial for a handful of companies. Nevertheless, A.M. Best Co. does
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Munich Re America Corporation Announces Expiration of Tender Offer and Consent Solicitation for Its 7.45% Senior Notes Due 2026 PRINCETON, N.J., Aug. 18 /PRNewswire/ -- Munich Re America Corporation, a Delaware corporation (the 'Company'), which was formerly known as American Re Corporation, today announced the expiration of its previously announced cash tender offer (the 'Tender
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Insurer Price Cutting Could End If Catastrophe Losses Rise CHICAGO But if this year's more active hurricane season results in a big hit to a populated coastal area, the twin trends of rising commodities prices and falling insurance rates could hit insurers hard, and push prices back up. 'The replacement cost
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Axa makes new shares available Extract not available.
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Moodys warns Europe insurers Extract not available.
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Reinsurance or the Capital Markets? Benfield Chooses Both Extract not available.
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Flagstone Re To Merge Subsidiaries Extract not available.
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Mergers expected in health insurance MERGER mania among health funds is not over yet, with the industry's regulator aware of several more unannounced deals in the pipeline. Shaun Gath, newly appointed chief executive officer of the Private Health Insurance Administration Council, said he
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Munich Re America Corporation Announces Expiration of Tender Offer and Consent Solicitation for Its 7.45% Senior Notes Due 2026 PRINCETON, N.J., Aug. 18 /PRNewswire/ -- Munich Re America Corporation, a Delaware corporation (the 'Company'), which was formerly known as American Re Corporation, today announced the expiration of its previously announced cash tender offer (the 'Tender
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Insurance firm 'considering tax relocation' News by category A leading insurance firm is considering leaving Britain due to its current tax legislation. Brit Insurance, a FTSE 250 company, is currently reviewing its tax status and has hired Ernst & Young (E&Y) to advise it on a number of
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A.M. Best Assigns Ratings to Generali France S.A. and Its Main Subsidiaries OLDWICK, N.J. - (Business Wire) A.M. Best Co. has assigned a financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of aa- to (Generali Vie) and Generali Assurances IARD SA (Generali IARD). At the same time, A.M. Best has
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A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A. OLDWICK, N.J. - (Business Wire) A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings of aa- of Assicurazioni Generali S.p.A. (Generali) (Italy). At the same time, A.M. Best has assigned and affirmed the
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Insurance Consultancy TNC Management Group Appoints Two New Directors, Opens Chicago Office CHICAGO, Aug. 18 IL-TNC-appoints-two CHICAGO, Aug. 18 /PRNewswire/ -- TNC Management Group, the strategy, project management, and analytics consulting firm focused on the insurance industry, announced today the opening of its Chicago office and the
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Munich Re America Corporation Announces Expiration of Tender Offer and Consent Solicitation for Its 7.45% Senior Notes Due 2026 PRINCETON, N.J., Aug. 18 NJ-Munich-Re-America PRINCETON, N.J., Aug. 18 -- Munich Re America Corporation, a Delaware corporation (the 'Company'), which was formerly known as American Re Corporation, today announced the expiration of its previously
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A.M. Best Affirms Ratings of Assicurazioni Generali S.p.A. OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the financial strength rating of A+ (Superior) and issuer credit ratings of aa- of Assicurazioni Generali S.p.A. (Generali) (Italy). At the same time, A.M. Best has assigned and affirmed the
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A.M. Best Assigns Ratings to Generali France S.A. and Its Main Subsidiaries OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has assigned a financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of aa- to (Generali Vie) and Generali Assurances IARD SA (Generali IARD). At the same time, A.M. Best has
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A.M. Best Assigns Ratings to AMB Generali Holding AG and Its Main Subsidiaries OLDWICK, N.J. - (Business Wire) A.M. Best Co. has assigned a financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of aa- to AMB Generali Holding AG (AMB Generali) (Germany) and its main subsidiaries. The outlook for all
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CarInsurance.com News Feed - Blog Wed, 20 Aug 2008 05:20:38 GMT |
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Insurance Costs Soar for Older Motorists ; The World Today CAR insurance costs are soaring, with older drivers bearing the brunt of the rises, it was revealed today Average premiums rose 5.8 per cent between July 2007 and June 2008, with the average price now...
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Arbella Insurance Sponsors 4th Annual Hot Stove Cool Music Summer Session Music and baseball have teamed up again this summer, and Arbella Insurance Group, through the Arbella Foundation, joined the winning combination as a $10,000 sponsor of the Hot Stove Cool Music Summer...
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State Farm Auto Rates Rise By 3 Percent Aug. 13--BLOOMINGTON -- State Farm auto customers won't catch a break on their policy premiums like they have in recent years. State Farm Mutual Automobile Insurance Co. will increase its liability co...
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Los Fresnos to Consider Insurance Ordinance Aug. 12--The Los Fresnos City Council tonight will consider an ordinance that would allow the Los Fresnos Police Department to tow vehicles when drivers are unable to provide proof of auto insurance. ...
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Progressive Reports July Results The Progressive Group of Insurance Companies, in business since 1937, is one of the country's largest auto insurance groups, the largest seller of motorcycle and personal watercraft policies and a mar...
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GAINSCO Reports 2nd Quarter 2008 Results DALLAS, Aug. 13 /PRNewswire-FirstCall/ -- GAINSCO, INC. today announced net income for the second quarter 2008 of $1.0 million, or $0.04 per common share, basic and diluted. Net income for the six mon...
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Auto Rates riseState Farm Policies Increase 3 Percent Setting it RightAuto insurance - State Farm Mutual Automobile Insurance Co. will increase its liability coverage on automobile insurance policies by 7.1 percent, effective Aug. 25, for an overall auto...
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Online Auto Insurance Quote Comparisons Made Easy By OnlineAutoInsurance.Com LOS ANGELES, Aug. 14 /PRNewswire/ -- The Internet has become a vital tool for those choosing to compare auto insurance from a variety of insurers. Savvy consumers are logging onto sites such as http:/...
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Insurance Shock Costs Driver Pounds10 A Driver whose car insurance was unexpectedly cancelled was fined pounds10 after he was caught driving in Derby.Prosecution costs of pounds35 and a pounds15 government surcharge were also ordered from...
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Clerk: Customers Must Have Insurance Card to Renew License Plates Aug. 14--In 1994, the state passed a law requiring people renewing their vehicle license plates to present a current auto insurance card to their county clerk's office. County Clerk David "Oz" Osborne...
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Scales of Justice AMONG the cases dealt with at Teesside Magistrates' Court on July 9 were: Danielle Marie McLoughlin, 24, of Union Street, Middlesbrough, jailed for 12 weeks for theft. Kelvin Walker, 51, of Thornton S...
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Net Income Increases 8.3% to R$206.8 Million for the First Semester of 2008 RIO DE JANEIRO, Brazil, Aug. 15 /PRNewswire-FirstCall/ -- Sul America S.A. (Bovespa: SULA11) has announced today its results for the first half of 2008. Net income reached R$206.8 million, up 8.3% ove...
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6:05 P.M.: Two Men Arrested on Suspicion of Insurance Fraud Investigators with the San Bernardino County District Attorney's Office have made two arrests in separate auto insurance fraud cases.On Friday, investigators arrested 31-year-old Fontana resident Luis...
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Garcia Lashes Out at Teves Forsiding With Car Insurers Over CTPL Aug. 18--MACTAN, Cebu: Winston Garcia, Government Service Insurance System (GSIS) president and general manager, said the Finance secretary is acting as if he was the "spokesperson" of private car ins...
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Long Island Financial Briefs: August 15, 2008 Insurance company Geico dropped its attempt to increase rates in the state at the request of New York State Insurance Department Superintendent Eric Dinallo.He pointed to a new Department of Transport...
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Unseen Small-Car Pitfall: Higher Insurance Rates By G. Chambers Williams IIIA study released recently by the auto insurance consumer Web site insure.com shows that the difference between premiums for a large pickup or SUV versus a small car can be l...
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Let's Put the Brakes on Discrimination The volumes of anti-discrimination legislation that have passed through the corridors of Westminster and the European Union over the past few years are undoubtedly a good thing. Car insurers, health i...
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Video: Newest Esurance Customer Gets Animated SAN FRANCISCO, Aug. 18 /PRNewswire-FirstCall/ -- Esurance, the direct-to-consumer personal auto insurance company, announced its second series of ads in the company's "Get Animated" campaign. Kate Kes...
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BRIEF: Major Auto Insurers Allstate, State Farm Raising Rates Aug. 18--Texas' major auto insurers are raising rates. Allstate told the Texas Department of Insurance that it increased rates last month and State Farm said it plans to hike rates starting Oct. 27. S...
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New TexasSure Program Looks to Ensure Drivers Are Insured Aug. 18--A new statewide program's test phase indicates that approximately one-fourth of Texas drivers don't have auto insurance. With the implementation of TexasSure, a new vehicle insurance verifica...
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