Insurance News

State Bank of India (SBI), the largest public sector bank of the country, plans to invest Rs 500 crore-Rs 1,000 crore in the general insurance business in synergy with Insurance Australia Group. The Chairman of the bank, O P Bhatt, said that SBI would keep the 74 per cent stake while 24 per cent would be kept with the private partner. The entity would be named as the SBI General Insurance.

Ahmedabad, Mar 10 : DLF Pramerica Life Insurance Co Ltd (DPLI), a joint venture of a leading real estate development company in India, and Prudential International Insurance Holdings, Ltd (PIIH), a fully-owned subsidiary of a financial services leader headquartered in the U S, today inaugurated a new branch office here.

This morning's Oregonian looks at earthquake insurance. Should you get it? And the Anchorage Daily News explores what's killing Alaskans.

Karen Ignagni, President of AAHP and Rep. Debbie Wasserman-Shultz join Bob Schieffer for a discussion on insurance reform in health care.

A Fargo insurance agent has been sent to prison for violating his probation in a securities case. District Judge Wickham Corwin has ordered Bruce Hager to serve two and a half years in prison.

AUGUSTA, Maine -- Further Maine House and Senate votes are expected this week on a bill to bar annual and lifetime caps on health insurance payments. The bill is intended to protect health care …

As the Senate passed a landmark health care bill in Washington that extends coverage to millions, the Telluride Medical Center wages its own battles, hoping to wring better deals from insurance companies.

Further Maine House and Senate votes are expected this week on a bill to bar annual and lifetime caps on health insurance payments.

Recently, I had lunch with John, a fellow insurance agent. "You won't believe how goofy some people are when it comes to insurance," he said.

Recent temblors in Haiti and Chile highlight the threat, and the Alaska Earthquake Information Center reports 20,000 quakes each year. But only two insurance companies offer earthquake insurance to Alaskans, and it's so expensive that State Farm says only a third of its Alaskan customers have it.