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10Insurance chief hardens stance on rate cuts
The Palm Beach Post (Jul 24, 2007 10:38 PM)
It might have been just another property insurance rate hearing in Florida, but for Insurance Commissioner Kevin McCarty, the July 10 proceeding was "illuminating."
N.Y. Assigned Risk Auto Rates Dropping 7%
Insurance Journal (Jul 23, 2007 12:28 PM)
Drivers insured through New York's Automobile Insurance Plan (AIP), also known as the assigned risk plan, will see an overall 7 percent reduction in auto insurance premiums, the New York State Insuran
Distelrath and Mikkola Join Wells Fargo Insurance Services' Fort Wayne Office
Marketwire via Yahoo! Finance (Jul 25, 2007 08:22 AM)
Wells Fargo Insurance Services announces the addition of Robert Distelrath as Director of Claims Administration and Jason Mikkola as Commercial Lines Producer for the company's Fort Wayne, Indiana location.
Changes in competition among car insurance companies
Capital News 9 (Jul 24, 2007 09:37 PM)
Massachusetts drivers will soon have a lot more insurance companies to choose from. Last week, the state insurance commissioner approved a "managed competition" plan that will introduce more competition among car insurance companies. But, will it also introduce problems. Our Karen Honikel explains.
WellPoint quarterly profit rises
The Indianapolis Star (Jul 25, 2007 05:03 AM)
Shares of WellPoint were trading lower this morning after the Indianapolis health insurance giant reported profit that met Wall Street expectations but also saw recent enrollment declines and continued troubles in some of its state-sponsored business.
Allstate's policies hit by consumer group
The Clarion-Ledger (Jul 25, 2007 09:17 AM)
Michael McAndrews would like to know what business Allstate has telling him he must buy wind and hail coverage _ or else. McAndrews received a letter July 12 that said Allstate will not renew his homeowner's coverage for fire and theft next year unless he offers proof that he has wind insurance from another carrier. McAndrews planned to self-insure for wind damage because he said the insurance ...
Farmers Insurance Continues Commitment to Oregon, Announces Opening of New ServicePoint Center in Hillsboro
Business Wire via Yahoo! Finance (Jul 24, 2007 03:45 PM)
HILLSBORO, Ore.----Farmers Insurance Group of Companies announced today it is increasing its innovative approach to customer service excellence by opening a new ServicePoint operations Center in Hillsboro, Oregon.
DTRIC Selects DRC's DecisionMaker Extended Lines
Business Wire via Yahoo! Finance (Jul 25, 2007 06:01 AM)
HONOLULU----DTRIC Insurance Company, a Hawaii Property & Casualty Insurance Company has selected DecisionMaker Extended Lines Policy Administration System to process its newly expanded commercial insurance lines of business.
Allstate Insurance Company strengthens relationship with customer by enhancing distribution model
CNW Group via Yahoo! Finance (Jul 24, 2007 01:30 PM)
Mike Donoghue, President and CEO of Allstate Insurance Company of Canada unveiled the new Allstate Insurance Agency that will be used to sell and distribute Allstate insurance products.
State Auto Financial Reports Second Quarter 2007 Results
Business Wire via Yahoo! Finance (Jul 24, 2007 04:00 AM)
COLUMBUS, Ohio----State Auto Financial Corporation today reported second quarter 2007 net income of $23.4 million, or $0.56 per diluted share, versus $4.1 million, or $0.10 per diluted share, for the second quarter of 2006.