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
Delaware Sees Fewest Traffic Deaths Since 1968
Delaware Highway Safety officials say the state saw a 14 percent drop in traffic deaths...
West News
USI Holdings Acquires Venbrook’s Commercial Marine Business
New York-based USI Holdings Corp. has acquired the commercial marine business operation...
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
Oklahoma Revenue Exceeds Prior Year, New Treasurer Says
State officials say the money coming into state coffers last month exceeded both prior...
Midwest News
Kansas Insurance Department Recoveries for Consumers Drop in 2010
The Kansas Insurance Department is reporting that it recovered 32 percent less money...