Insurance News from August 07, 2008
National News
AIG’s Net Loss for Q2: $5.36 Billion; Conference Call Today, Details
American International Group confirmed analysts' worst forecasts, as it posted a net...
International & Reinsurance News
Credit Crunch Cripples European Insurers’ Profits
The global credit crisis tore a hole in the profits of some of Europe's top insurers on...
East News
High Gas Prices Lead GEICO to Drop New York Auto Rate Hike
One of New York state's largest auto insurers, GEICO, agreed to drop two requests for...
West News
Southern Insurance Company to Act as Servicing Insurer for New Mexico FAIR Plan
The Republic Group announced that Southern Insurance Co. has been selected by the...
Southeast News
Update: Eastern North Carolina Wildfire Nearly out; Firefighters Leave
A wildfire that has burned more than 62 square miles of eastern North Carolina forests...
Texas / South Central News
U.S. Attorney Says Okla.’s Stipe Illegally Ran Insurance Company
U.S. Attorney Sheldon Sperling has filed a complaint against former Oklahoma State Sen....
Midwest News
North Dakota Workers’ Comp Proposal Submitted for Ballot
Supporters of changing how North Dakota's workers' compensation agency is run have...