Insurance News from December 29, 2008
National News
AIG Buys $16 Billion of Collateralized Debt Obligations It Insured for Default
American International Group says it purchased $16 billion of complex financial...
International & Reinsurance News
Report Japan Insurers Mitsui, Aioi and Nissay in Merger Talks
Japan's Mitsui Sumitomo Insurance Group Holdings Inc, Aioi Insurance Co and Nissay Dowa...
East News
New York Giant Burress Fumbles Insurance on $140K Mercedes
Add this to the growing list of Plaxico Burress' problems: getting in a car crash and...
West News
MyMGA.com Offers Comprehensive Personal Liability Coverage in California
MyMGA.com, a division of PersonalUmbrella.com of Emeryville, Calif., is offering...
Southeast News
North Carolina Auto Insurance Rate Hike In Escrow Until Court Rules
Auto insurers may increase premiums on North Carolina drivers by up to 9.4 percent...
Texas / South Central News
Oklahoma Electronic Insurance Verification System Not Reliable Yet
A new electronic system to verify automobile insurance in Oklahoma is operational, but...
Midwest News
Missouri Lawsuit Questions Insurance Law’s Effect on Energy Production
A legal center has filed suit against a Missouri commission because it believes a new...