Insurance News from January 12, 2011
National News
AIG Recapitalization to Close Friday; Offering Expected in May
Banks will meet in New York City Thursday to make their case for the right to sell the...
International & Reinsurance News
Australian Floods to Cost Insurers, Reinsurers $1 Billion
The devastating floods in Queensland state that forced evacuation in Brisbane,...
East News
Alleged ‘Harassment’ Not Compensable for New Jersey Security Guard
A New Jersey woman who claimed the stress of her work as a hospital security guard left...
West News
Confie Seguros Acquires Seguros Sin Barreras
New York-based Confie Seguros, a provider of auto insurance with an emphasis on serving...
Southeast News
Insurers Offer Options for Mississippi, Alabama Coastal Homeowners
A handful of new insurers have entered the coastal markets of Alabama and Mississippi,...
Texas / South Central News
Construction Supply Group Receives $179K Dividend from Texas Mutual
Texas Mutual Insurance Co. announced a $179,106 dividend to the Texas Construction...
Midwest News
Kansas Insurance Department Recoveries for Consumers Drop in 2010
The Kansas Insurance Department is reporting that it recovered 32 percent less money...