Farmers Insurance Announces Move of Employees From Simi Valley to Newer, Woodland Hills Facility

August 11th, 2010

Farmers Insurance Announces Move of Employees From Simi Valley to Newer, Woodland Hills Facility

Farmers Insurance, which has called Southern California home since its founding in 1928, has announced it will move employees from its Simi Valley office to a newer, more modern facility in nearby Woodland Hills in the San Fernando Valley.

Read more here …
Farmers Insurance Announces Move of Employees From Simi Valley to Newer, Woodland Hills Facility

RBC Searches for a Buyer for Life Insurance Unit

August 11th, 2010

RBC Searches for a Buyer for Life Insurance Unit

Royal Bank of Canada is looking for a buyer for its U.S. insurance unit, Liberty Life Insurance Co., Bloomberg News reported on Tuesday.

Read more here …
RBC Searches for a Buyer for Life Insurance Unit

Bahrain insurance market grows 7.5% in 2009

August 11th, 2010

Bahrain insurance market grows 7.5% in 2009

Bahrain insurance market grows 7.5% in 2009

Read more here …
Bahrain insurance market grows 7.5% in 2009

Bankrupt Vallejo Should Pay Debt With Car Fees, MBIA Unit Says

August 11th, 2010

Bankrupt Vallejo Should Pay Debt With Car Fees, MBIA Unit Says

MBIA Inc. s municipal-bond insurance unit is asking a bankruptcy court judge to order Vallejo, California, to make good on promises to pay investors in case of default by using money from vehicle registrations.

Read more here …
Bankrupt Vallejo Should Pay Debt With Car Fees, MBIA Unit Says

Insurance outlets change name

August 11th, 2010

Insurance outlets change name

Florida No-Fault and Cash Register insurance stores, starting with those in Orlando and Pensacola, will change their names to Direct Auto Insurance. The company, which will start the transition Saturday, is planning to convert all locations in Florida by the end of the year.

Read more here …
Insurance outlets change name

FTC launches crackdown on bogus health “insurance” companies: The Real Deal

August 11th, 2010

FTC launches crackdown on bogus health “insurance” companies: The Real Deal

The Federal Trade Commission and State Insurance Department are teaming up to crack down on companies that sell bogus health discount plans to those without health insurance. They’re calling it…

Read more here …
FTC launches crackdown on bogus health “insurance” companies: The Real Deal

Q&A: Florida Insurance Commissioner Kevin McCarty

August 11th, 2010

Q&A: Florida Insurance Commissioner Kevin McCarty

Although it has been more than four years since Florida was directly hit by a hurricane, many Florida homeowners are facing rising property insurance rates and finding few options when they shop around for coverage.

Read more here …
Q&A: Florida Insurance Commissioner Kevin McCarty

Auto-Owners honors Wannamaker Agency

August 11th, 2010

Auto-Owners honors Wannamaker Agency

Auto-Owners Insurance announced that the Wannamaker Agency Inc.of Orangeburg has been named one of the top 10 growth agencies forthe company in South Carolina for 2009.

Read more here …
Auto-Owners honors Wannamaker Agency

Insurance industry knows no fury like a severe Alberta hail storm

August 11th, 2010

Insurance industry knows no fury like a severe Alberta hail storm

CALGARY – The insurance industry knows no fury like a severe Alberta hail storm. The Insurance Bureau of Canada says a storm that pummelled southern Alberta last month with golf ball-sized hail caused at least $347 million in insured damage.

Read more here …
Insurance industry knows no fury like a severe Alberta hail storm

Health Law Limiting Tax Deductions for Executive Pay at Insurance Firms

August 11th, 2010

Health Law Limiting Tax Deductions for Executive Pay at Insurance Firms

Congress is using the new health- care law to limit tax deductions for executive pay at medical insurance companies in a bid to prevent corporate officers from personally benefiting from expanded enrollments.

Read more here …
Health Law Limiting Tax Deductions for Executive Pay at Insurance Firms