Newsbriefs

CITIGROUP’S EUROPEAN PLANS

Citigroup plans to focus its European expansion on corporate and investment banking as well as wealth management services, the Financial...

ACCIDENTS HAPPEN

Accidental damage poses the biggest single risk for personal computer owners, according to a new insurance industry study. Safeware, The...

NM REGULATOR RETURNS FIRE

Former New Mexico Insurance Superintendent Don Letherer is suing several current and former state regulatory officials for wrongful termination. Letherer...

CDI LOOKS FOR FRAUD

Search warrants were executed at more than 10 locations in California in February, according to the California Department of Insurance...

AMS TO REORGANIZE

AMS Holding Group, a provider of software and information services to the property and casualty industry, announced that it is...

MEADOWBROOK ON WATCH

Standard & Poor’s has placed its single-‘A’ counterparty credit and financial strength ratings of Star Insurance Co. and its wholly...

CONSECO BOUNCES BACK

Conseco’s fourth quarter operating profits rose 5 percent, beating expectations, as the struggling U.S. life insurance and loan firm continued...

EXCESS CAPITAL A BLESSING, CURSE

The property/casualty industry could return capital to its stakeholders without risking rating downgrades or insolvency, according to A.M. Best Company,...

ANOTHER NORTHRIDGE AFTERSHOCK

The Alliance of American Insurers, based in Downers Grove, Ill., along with several other insurance groups, filed an amicus curiae...

CALLING ALL YOUNG AGENTS

The Young Brokers and Agents Committee (YBAC) has been hard at work planning the 26th Annual Young Brokers & Agents...

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