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- Safeco and Costco Partner to Offer Business Insurance in Test States May 7, 2008
Costco and Safeco are offering business insurance to businesses that are Costco members, effective May 2008. According to information on Costco's Web site, Costco ... - The Hartford, Progressive Team Up on Community Banks Insurance Package May 6, 2008
The Hartford Financial Services and Progressive are offering their insurance products for communtiy banks to each other's independent agents and brokers. The new ... - AIG Posts Big Loss Due to Mortgage Woes; Insurance Results Decline, Too May 8, 2008
The world's biggest insurance company, American International Group Inc. (AIG), posted a big quarterly loss — $7.81 billion — largely due to write-downs related to bad ... - Kingsway Q1 Financial Results Hit Again by Lincoln Reserving May 8, 2008
Specialty insurer Kingsway Financial Services swung to a loss in the first quarter as it increased reserves at its Lincoln General and Kingsway General subsidiaries, the ... - S&P Lowers AIG's Ratings; On CreditWatch/Negative May 9, 2008
American International Group's whopping $7.81 billion first quarter loss (See related article) brought an immediate reaction from Standard & Poor's Ratings Services. S&P ... - California Discussing Sale of State Workers' Compensation Insurer May 7, 2008
Rumors that California is considering selling the State Compensation Insurance Fund to help close the state budget gap are true, but government officials said the idea has ... 
New York Agents Want to Rein in State Workers' Comp Insurer May 9, 2008
A trade group for New York insurance agents wants to rewrite the laws governing the New York State Insurance Fund - a nonprofit state agency which is New York's largest ...- State Farm Files Request for California Rate Increase May 9, 2008
Reflecting the general upward trends in the cost of property and liability insurance claims, State Farm General Insurance Co. has filed a request for an average statewide ... - Mass. Agents Take Aim at Progressive Online; Insurer Defends Site May 6, 2008
Independent agents in Massachusetts have charged that Progressive Insurance, which began selling auto insurance online in the state May 1, is skirting state regulations ... - Colorado Casualty Opens Phoenix Office May 6, 2008
Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced the opening of a regional office in Phoenix. The company said the ... - Execs Say More Can Be Done to Attract New Industry Talent May 8, 2008
Young agents today face a number of challenges, including the soft market, a downturn in the economy and learning the skills necessary to become a profitable and ... - New Berkley Unit Targets Asset Protection Including Fine Arts, Jewelry May 6, 2008
W. R. Berkley Corp. has formed Berkley Asset Protection Underwriters, LLC. Based in New York City, it will offer products designed to protect commercial and personal ... - Top Agencies Have Strategies to Weather Soft Market May 7, 2008
Insurance Journal readers were reminded by our recent coverage on how agents are faring in the recession that the effects of the economic downturn vary by agency and ... - America First Insurance Rolls out New Commercial Line Products May 7, 2008
Richardson, Texas-based America First Insurance, a Liberty Mutual Agency Markets regional company, has introduced Custom Protector, a commercial lines product that offers ... - Penn National Sells ESL Inc. Subsidiary to Atlantic Specialty Lines May 5, 2008
Harrisburg, Pennsylvania-based Penn National Insurance said it has completed the sale of its wholesale insurance brokerage subsidiary, ESL Inc., to Atlantic Specialty ... - Fiserv FSC Insurance Offers Mi-Rater, Real-Time Rating Platform May 7, 2008
Fiserv FSC Insurance Solutions, a business unit of Fiserv, Inc. recently announced real-time rating capabilities for insurance professionals in Illinois, Iowa, Minnesota ... - Marsh Offering Wind Insurance Product for Financial Losses May 8, 2008
Insurance broker Marsh along with catastrophe modeling firm Risk Management Solutions (RMS) and wind station operator WeatherFlow, Inc. have developed an insurance product ... - Survey: Small Businesses Don't Understand Their Dollars Spent on Workers' Comp May 6, 2008
Too many small business decision-makers appear to be spending money on workers' compensation insurance coverage without understanding how workers' compensation insurance ... - Mercury General Reports $4 Million Net Loss in Q1 May 7, 2008
Mercury General Corp. announced its first quarter results, noting it had a net loss of $4 million in the first quarter of 2008, compared with net income of $60.5 million ... - Berkshire Hathaway Net Off 64% on Derivatives, Insurance May 5, 2008
Warren Buffett's Berkshire Hathaway Inc. said Friday that first- quarter profit tumbled 64 percent, hurt by losses tied to derivatives contracts and a steep slide in ... - Insurance Brokerage Barney & Barney Completes Merger with Saylor & Hill May 7, 2008
Barney & Barney LLC, a San Diego-based insurance brokerage, has closed its merger with Saylor & Hill Co., an Oakland, Calif.-based brokerage. The combined companies will ... - Adding Wind to Federal Flood Insurance Invites Trade-Offs May 6, 2008
Adding wind coverage to the current federal flood and wind insurance program could benefit some policyholders and market participants but would also involve trade-offs, ... - Tower Group Shows Strong Quarter May 6, 2008
New York-based Tower Group, Inc. reported 2008 first quarter net income of $14.9 million compared to net income of $11.6 million in the first quarter of 2007. Gross ... - Liberty Mutual Group First Quarter Results 'Solid' May 6, 2008
Boston-based Liberty Mutual Group reported net income of $360 million for the three months ended March 31, 2008, an increase of $10 million over the same period in ... - Insurers not Impressed with Florida's Revamped Insurance Package May 5, 2008
While many Florida lawmakers claim to be opposed to gambling, they don't mind taking a chance on Mother Nature. They rolled the dice again on May 1, signing off on a ...