Insurance News from December 09, 2010
National News
Treasury to Cut Government Stake in AIG in Big Stock Sale
The U.S. Treasury plans to sell about one-fifth of insurer AIG through a stock offering...
International & Reinsurance News
Panama Canal Traffic Halted Due to Heavy Rains
Traffic in the Panama Canal, a major shipping waterway that connects the Atlantic and...
East News
New Jersey Towns Look to Charge Insurers for Fire and First-Aid
Some New Jerseyans might have to pay if they need the fire department or an ambulance....
West News
Mercury Insurance Cuts Calif. Auto Rates About 10%
Mercury Insurance announced a $72-million rate reduction for California drivers that...
Southeast News
Alabama Jury Awards $5 Million to Arson Victim
Lauderdale County, Ala. jurors have awarded $5 million in damages to a woman who...
Texas / South Central News
Texas Unemployment Insurance Tax Rates to Rise for 2011
The standard minimum unemployment insurance (UI) tax rate paid by Texas employers in...
Midwest News
A.M. Best Affirms Ratings of Michigan Insurance Co.
A.M. Best Co. has removed from under review with negative implications and affirmed the...