Newsbriefs

SAFECO BOOSTS PREMIUMS

Struggling insurer Safeco will raise premiums in an effort to right itself and its balance sheet after another quarter of...

RELIANCE UPS RESERVES

Reliance Group Holdings subsidiary Reliance Insurance will increase its loss reserves by $332 million in the third quarter as a...

AIG IN THE DRIVER’S SEAT

American International Group Inc. announced that its member companies have entered into a number of strategic alliances to provide insurance...

WACO CO. FACES VIATICAL SUIT

A Waco-based company offering viatical settlements is the focus of an investors’ class action suit filed by an Oklahoma City...

RUSSELL GRACE PASSES AWAY

Russell R. Grace 90, founder and president of Russell Grace Inc. Insurance of Fort Worth died Friday, Sept. 29. A...

BROWN-FBI INQUIRY A SET-UP!

In a one-on-one interview with television reporter Scott Simmons, Louisiana Insurance Commissioner Jim Brown vowed to fight his conviction in...

AGENTSECURE.COM LAUNCHES

AgentSecure.com has launched, providing agents access to carriers CNA, The Hartford, and Zurich. Rural and suburban agents who may not...

GALLAGHER NET EARNINGS UP

Arthur J. Gallagher announced its financial results for the third quarter and nine months that ended Sept. 30. Total revenues...

AON, STATE FARM PEN AGREEMENT

Aon Corp. and State Farm Mutual Automobile Insurance Company have signed an agreement in which State Farm will market commercial...

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