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06 Feb 12 - Business Insurance News
Fidelity CEO Seeks Restaurants as Insurance Focus Narrows
6 (Bloomberg) -- Fidelity National Financial Inc., the largest US title insurer, is weighing restaurant investments after exiting some insurance businesses at a profit, Chief Executive Officer George Scanlon said. “We're taking that capital, ...
BUSINESS PROFILE - American Family Insurance
Gary and Barb Dahms officially retired from the insurance business as of Jan. 31, and Tamara Brown took over the following day.
$1.5M New West deal before insurance commissioner
Commissioner of Securities and Insurance Monica Lindeen has scheduled a hearing Tuesday on the proposal by PacificSource Health Plans to buy New West Health Service's commercial business. The hearing will examine whether the deal is fair and protects ...
Landlord forced to evict 'commercial' welfare group
A landlord has been forced by his insurance company to evict a Christchurch welfare group. Landlord John Hunter was told by AMI Insurance that his tenant, Anglican Social Services, was a "commercial activity" and so his building could not be insured.
EMC rolls out identity theft insurance for small businesses
EMC Insurance has rolled out a new type of insurance designed to protect small and midsize businesses from hackers and identity thieves.
Commercial insurers lag personal lines in using predictive modeling: Analysis
A total of 60 US and nine Canadian property/casualty insurance executives participated in the survey. A total of 48 of the 60 US responders write at least some commercial lines business, according to a Towers Watson spokesman.
Global Mining Insurance Market Capacity Down 30% After Losses: Willis
... a conference held for natural resource professionals, estimates that the current global capacity available to mining property damage and business interruption insurance is $1.25 billion, down from $1.75 billion at the start of 2011.
Insurance Auto Auctions Paves the Way for Recycling U.S. Salvage Vehicles in China
WESTCHESTER, Ill., Feb 06, 2012 (BUSINESS WIRE) -- Insurance Auto Auctions, Inc. (IAA) the leading live and live-online salvage auto auction company and wholly-owned subsidiary of KAR Auction Services, Inc. /quotes/zigman/579223/quotes/nls/kar KAR ...
Insurance broker Brown & Brown tops $1B in revenue in 2011
Mr. Brown was named acting president and CEO on Jan. 30 when his son, J. Powell Brown, took a temporary leave of absence for health reasons.
Insurance coverages are another tool
CHICAGO - As a contractor, it's important to make sure you have all of the right tools, and one crucial tool for any business is Commercial Auto insurance. A company vehicle is a vital part of the business. It gets service techs, salespeople and ...
5 ways your boss is downsizing your health insurance
With the average yearly health insurance premium projected to top $10000 per worker this year, according to human resources consulting firm Aon Hewitt, employers are doing whatever they can to cut health care costs.
George Petersen Insurance completes move into new quarters
By Dan Verel, Business Journal Staff Reporter George Petersen Insurance Agency completed its move from one College Ave.
Aspen Reports Results for the Quarter and Full Year Ended December 31, 2011
In our Insurance segment our loss ratios were good to excellent in most classes. The recent January renewals saw attractive rate increases in certain property catastrophe reinsurance lines and encouraging signs in many commercial insurance lines.
Whiplash summit called to tackle rising motor insurance costs
... rising motor insurance costs. Transport Secretary Justine Greening, Health Secretary Andrew Lansley, Justice Secretary Ken Clarke, Home Secretary Theresa May and Business Secretary Vince Cable will meet at a special summit to discuss the situation.
Monday Morning Reads: Insurance, lawmaker testimony and casinos
The Orlando Sentinel reports that tax money possibly went to support the lobbying efforts of a pro business group. From the story: A $50000 payment to the Orlando Regional Chamber of Commerce is drawing fire from an array of critics who wonder why tax ...
AM Best Upgrades Ratings of Fremont Insurance Company and Affirms Ratings of ...
OLDWICK, NJ, Feb 06, 2012 (BUSINESS WIRE) -- AM Best Co. has upgraded the financial strength rating (FSR) to A (Excellent) from A- (Excellent) and issuer credit rating (ICR) to "a" from "a-" of Fremont Insurance Company (Fremont) (Fremont, MI).
Lockton Expands, Moves to Renaissance Center in Memphis
The office has added five additional insurance professionals providing property-casualty insurance and employee benefits consulting to business clients. "We are assembling a high caliber group of insurance and employee benefits professionals in Memphis ...
Deal reached on business health care requirements
The state is working on setting up a health care exchange, a marketplace for people and small businesses to shop for health insurance. The Shumlin administration wanted all businesses with fewer than 100 employees to participate in the exchange, ...
Idaho governor at odds with voters over health insurance exchange
73% of voters in the age groups support the creation of state-based health insurance exchange. The exchange would set up an insurance marketplace, and help individuals and small businesses find more affordable health insurance plans, allowing them to ...
Oregon Insurance Division launches webinars
The Oregon Department of Consumer and Business Services' Insurance Division is launching a series of webinars and virtual town hall meetings about key insurance topics. Through the webinars and virtual town hall meetings, viewers can phone in to ...
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