InsuranceNoodle announced yesterday that it is licensed to sell insurance in California, bringing its total to 34 states and nine of the 10 largest states in which the online company is doing business. Licensing in Texas-the only large state remaining-is …
San Diego, Calif.-based MP3.com was sued sued its insurer, Westport Insurance Corp., in U.S. District Court in Manhattan. In its lawsuit, Westport seeks judicial declaration that it is not liable for costs incurred by MP3.com through the online music company’s …
The nation’s workers’ compensation insurers suffered an 86 percent decline in profits, to $144 million during the first nine months of 2000 from a $1 billion peak during the same period in 1998, according to Weiss Ratings, Inc., an independent …
Safeco Corp. is looking at alternative ways to market and sell policies as part of a plan to help turn around the struggling Seattle insurer. The Seattle Post-Intelligencer reported Wednesday that Safeco could move into direct marketing. According to the …
Aegon will pay $1.3 billion in cash for the direct marketing services division of J.C. Penney, allowing the Dutch insurer to offer its own financial service products to J.C. Penney’s 12 million North American customers. Separately, Aegon said its net …
Kingsway Financial Services has entered into an agreement with The Access Group to underwrite private passenger auto insurance in the United States, beginning in Georgia, through its wholly owned subsidiary, Lincoln General Insurance Co. Founded in 1994, Access is a …
Betsey Brewer, past president gives Eloise Williams, parent/teacher coordinator at Walton Middle School in Compton, Calif. a $500 check for school supplies. Left to right: Jeff Lang, vice president; Steve Cooley, Los Angeles District Attorney; and Jeff Newman, president. Left …
Colorado Business Bankshares, the parent company for Colorado Business Banks, has acquired Denver-based Milek Insurance Services Inc. The agency, which will be renamed CoBiz Insurance Inc., provides commercial and personal property and casualty insurance brokerage as well as risk management …
The Hartford Financial Services Group Inc. plans to move its regional headquarters in California to the Gold Pointe Corporate Center in Gold River, near Sacramento. An estimated 300 employees will move to the new space. The company is leasing about …
A company recently acquired by Citigroup has been accused by the Federal Trade Commission of using deceptive lending practices to manipulate people into buying overpriced mortgages and credit insurance. Associates First Capital Corp., bought last November by Citigroup, reportedly persuaded …
