Insurance News from February 25, 2009
National News
U.S. Considering ‘Controlled Breakup’ of AIG To Keep It Afloat
American International Group and U.S. authorities are in advanced discussions over a...
International & Reinsurance News
AIG’s Hopes for Sale of Asian Life Unit AIA Rest With 3 Bidders
Three potential bidders remain interested in the sale of a large stake in American...
East News
Maine Commissioner Urges Residents to Consider Flood Insurance
Although portions of the state are still mired in more than a foot of snow, Maine's...
West News
Westland Insurance Brokerage Owner’s License Suspended
The California Department of Insurance is prohibiting James Henry Sim of Westland...
Southeast News
North Carolina Insurance Chief Warns Against Coastal Rate Freeze
Legislative efforts to freeze big insurance rate increases for coastal homeowners risk...
Texas / South Central News
Amerisafe’s Q4 Profit Sinks 69%
Louisiana-based Amerisafe Inc., a writer of high hazard workers' compensation...
Midwest News
Nebraska Trial in Florida Insolvent Insurer Case Put on Hold
The Nebraska Supreme Court has ordered a judge to put a new trial on hold in a...