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Out of Trust C.M. Meiers Brokerage in Southern California Fetches $1.375 Million at Auction
Woodland Hills, Calif.-based C.M. Meiers Co. Inc. was auctioned on Friday at a U.S. bankruptcy court near Los Angeles, with three competing bidders pushing the sales price to $1.375 million for the troubled brokerage’s assets and assumption of its liabilities, …
February 04, 2012 3:57 AM

Virginia Court Grants Rehearing of Global Warming Claims Case
The Virginia Supreme Court has recently granted rehearing of a closely followed legal case involving global warming, The AES Corp. vs. Steadfast Insurance Company. The court says its previous decision on the case has been “set aside.” On Jan. 17, …
February 03, 2012 9:13 PM

Judge Certifies Investor Class Action Against Goldman Sachs
Goldman Sachs Group Inc. was ordered by a federal judge to face a securities class-action lawsuit accusing it of defrauding investors about a 2006 offering of securities backed by risky mortgage loans from a now-defunct lender. U.S. District Judge Harold …
February 03, 2012 8:09 PM

Aon Expands U.S. Tenant Rent Default Offerings
Aon has expanded availability to new states for its Aon Rent Protect product that reimburses landlords for lost income when tenants default on rent payments. The product was initially launched in California, Colorado, D.C., Ohio and Pennsylvania, and it is …
February 03, 2012 7:52 PM

Earnings Reports: Validus Holdings
                                                Q4 2011         Q4   2010           Gross premiums written -$278.28 mn    $258.7 mn Full year  -  2011         2010               $2.1247 bn    $1.99 bn Net premiums earned  — $488.35 mn      $432.8 mn   Full year – 2011           2010               $1.802 bn  $1.761 bn       …
February 03, 2012 6:31 PM

XL Enhances Real Estate Portfolio Protection
XL Group’s insurance segment has launched enhanced pollution protection for real estate portfolios. The product will be available through the segment’s environmental team. The new product is aimed toward portfolio property owners and managers, developer and redevelopers, and real estate …
February 03, 2012 5:53 PM

Ohio Announces $11.6M in Insurance Savings, Recoveries in 2011
Insurance regulators saved or recovered $11.6 million for Ohioans in 2011, the Ohio Department of Insurance announced. The department said it received 5,336 consumer complaints, the majority of which dealt with the denial of insurance claims. Of the recoveries realized …
February 03, 2012 5:45 PM

TDECU Insurance Acquires 2 More Texas Independent Agencies
TDECU Insurance Agency LLC announced it has acquired two independent insurance agencies: Assurance Insurance Agency Inc. (Assurance) based in Bellville, Texas, and Burridge Insurance Agency Inc. (Burridge) based in Angleton, Texas. These agency acquisitions are on the heels of TDECU …
February 03, 2012 5:04 PM

Utah Offers New Earthquake Hazard Maps for Salt Lake County
Utah is selling new maps that show the shaking intensity of earthquakes for the west half of Salt Lake County. The set of 10 maps also spotlights the risks of landslides, rock falls, floods, radon gas and other hazards in …
February 03, 2012 5:04 PM

Federal Disaster Loans For More Reno Fire Victims
The U.S. Small Business Administration is setting up shop in Reno again to help facilitate federal disaster loans for residents and businesses after Washoe County suffered its second big wildfire in two months. The low-interest loans became available Friday to …
February 03, 2012 5:02 PM

insurance - Yahoo! News Search Results

BB&T Purchases Leading Wholesale Insurance Brokerage
WINSTON-SALEM, N.C., Feb. 3, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT - News) announced today that it has reached an agreement to acquire the life and property and casualty insurance operating divisions ...
February 03, 2012 4:56 AM

Want Better Car Insurance Rates? You Have to Make the Call - Your Money
A retiree qualified for lower car insurance premiums, but found that out only after a chance piece of mail prodded him to call his insurer.
February 03, 2012 5:14 AM

Scottsdale Insurance Company® Celebrates 30 Remarkable Years of Providing Exceptional Excess & Surplus Coverage
Scottsdale Insurance Company, a leader in the Excess & Surplus and Specialty Lines arena, celebrates 30 years in business. Founded in January 1982 by Rollie Wiegers with backin
February 02, 2012 11:02 AM

Crump Group, Inc. Announces Sale of Life and Property & Casualty Insurance Divisions to BB&T
Crump Group, Inc. announced today that its life insurance and property and casualty insurance divisions are being sold to BB&T along with the rights to the Crump name.
February 03, 2012 5:01 AM

Sentry Insurance Chooses Varicent for Flexibility, Scalability and Agility
Varicent Software Incorporated, announced today that Sentry Insurance Group, one of the largest mutual insurance companies in the United States, has selected Varicent to manage its internal sales incentive compensation processes.
February 02, 2012 8:00 AM

Insurance auditor for W. Valley schools group investigated
State investigating the firm that conducted audits for the Valley Schools Management Group.
February 03, 2012 9:04 AM

Lexington Insurance Company Hospital Outbreak Study Published
Lexington Insurance Company, a Chartis company, today announced that its recent study, titled “Frequency of Outbreak Investigations in U.S. Hospitals: Results of a National Survey
February 01, 2012 7:23 AM

Consultative Insurance Group Offers an Interactive Way to Purchase Insurance Coverage Online
Consultative Insurance Group has recently partnered with Astonish Results, LP – a digital marketing and training company that specializes in modernizing the way by which the independent insurance industry does business - to create an innovative new online marketing strategy. ...
February 03, 2012 12:17 AM

Insurance firm seeks limits in Sandusky case
An insurance company covering Pennsylvania State University asked Philadelphia Common Pleas Court to limit its exposure from a lawsuit filed by an alleged sex-abuse victim of Jerry Sandusky.
February 02, 2012 12:49 AM

Home insurance needs to be readied for winter risks
Connecticut Insurance Commissioner Thomas B. Leonardi has reminded consumers to review their policies with their carrier or agent to ensure they are adequately protected during this winter season.
February 04, 2012 1:06 PM

 

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