Archive for the ‘Insurance News’ Category

Insurance company announces move

By: Administrator
Published: July 28th, 2010
A specialist insurance company announces plans to move to new multi-million pound headquarters at Gloucester Docks.

Life insurance new business grows 75% in Q1

By: Administrator
Published: July 28th, 2010
The life insurance industry's new business collections grew by more than 75 per cent in the first quarter of this fiscal led by a three-digit growth in the new business of Life Insurance Corporation of India.

Kansas Insurance Commissioner Has Spent $140K on Campaign

By: Administrator
Published: July 28th, 2010
Kansas Insurance Commissioner Sandy Praeger has spent four times as much money as her only rival in her campaign for a third term. Praeger, of Lawrence, faces El Dorado insurance agent David ...

Insurance Marketing Podcast Examines Rebranding at the AICPCU/IIA

By: Administrator
Published: July 28th, 2010
OLDWICK, N.J.----The latest episode of the Insurance Marketing Podcast features an interview with Steve Ryan, head of communications at the American Institute for Chartered Property Casualty Underwriters and Insurance Institute of America.

Health Insurance Stocks Sliding Despite Strong Q2, 2010 Forecast From Aetna

By: Administrator
Published: July 28th, 2010
Health insurance stocks are under pressure in late-morning trading on Wednesday, contributing to the moderate pullback by the broader markets. The sector is being hurt by Aetna (AET), which is down even after its second quarter earnings, revenues and 2010 forecast beat estimates.

Life Insurance Firms Profit From Death Benefits

By: Administrator
Published: July 28th, 2010
Life insurance companies boost their bottom lines by holding on to death benefits owed to families of service members and millions of other Americans, an investigation by Bloomberg Markets Magazine found. Cindy Lohman, whose son was killed in Afghanistan, says she feels betrayed by his life insurance company, Prudential.

Insurance Regulators Seek Firm to Weigh Losses on Commercial Mortage Bonds

By: Administrator
Published: July 28th, 2010
State insurance commissioners, seeking an alternative to rating firms Moodys Investors Service and Standard & Poors, are seeking a company to review investment losses that carriers may suffer on about 7,500 commercial-mortgage backed securities.

RSA Insurance to buy 123.ie

By: Administrator
Published: July 28th, 2010
RSA Insurance said it has agreed to buy online insurance broker 123 Money for 65 million.

Insurance violations result in penalties – Wed, 28 Jul 2010 PST

By: Administrator
Published: July 28th, 2010
A Spokane Valley man has lost his insurance license and a second agent has been fined for bookkeeping so sloppy that one clients policy got cancelled because premiums were not forwarded to his insurance company, according to the Washington Insurance Commissioners Office. Ross Culverhouse had his license revoked after notifying his employer, Schrader & Murphy Insurance Inc., he had taken $700 ...

Brit Insurance Opens Its Books to Apollo After $1.3 Billion Third Offer

By: Administrator
Published: July 28th, 2010
Brit Insurance Holdings NV , the U.K. insurer that sponsors the England cricket team, granted Apollo Global Management permission to review its books after the private equity firm made an 851 million-pound ($1.3 billion) takeover offer, its third bid for the company.

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