Insurance News from March 04, 2009
National News
Bernanke Defends AIG Rescue, Says U.S. Had No Choice
U.S. Federal Reserve Chairman Ben Bernanke Tuesday defended the government's latest...
International & Reinsurance News
AIG’s AIA Gets Prudential (UK), Manulife Offers; China Life Declines
The UK's Prudential Plc and Canada's Manulife Financial Corp made preliminary offers...
East News
New York Tries First-Ever Sale of Failed Insurer to Private Investors
New York state will try to sell Midland Insurance, which is being liquidated with...
West News
Oregon Home Insurance Costs Below National Average
At an average cost of $502 per year, home insurance in Oregon is among the least costly...
Southeast News
Florida Homeowners’ Lawsuit Alleges Defective Chinese Drywall
A group of Florida homeowners sued German drywall maker Knauf Gips KG, its Chinese...
Texas / South Central News
City Fighting Workers’ Comp Claim of Oklahoma Firefighter
City officials in Edmond, Okla., are challenging court rulings in favor of a...
Midwest News
Nebraska Supreme Court to Rule on Insurance Guaranty Fund Viatical Role
Nebraska's highest court will determine whether a state insurance guaranty fund must...