Newsbriefs

RELIANCE LOOKS FOR HELP

Reliance Group Holdings Inc. may seek bankruptcy protection in order to restructure its debt. The company, which is experiencing mounting...

NAPSLO HEADS TO THE WINDY CITY

The National Association of Professional Surplus Lines Offices (NAPSLO) is geared up for its 26th annual convention, to be held...

BERKSHIRE HATHAWAY DROPS

Berkshire Hathaway’s second quarter operating profit fell 18 percent, with much of the loss attributed to deteriorating underwriting in its...

HIGGINBOTHAM READY FOR BLAST-OFF

The merger between Fort Worth insurance agency Higginbotham & Assoc. and InsureZone has been finalized. The combination, announced last March,...

NAME YOUR PRICE

Internet retailer Priceline.com and insurer W.R. Berkley Corp. plan to offer car insurance online through a new joint venture called...

THE SLEEZE FACTOR

Results of a recent Zogby America poll demonstrated an almost even division in opinion regarding the trustworthiness of insurance salespeople....

STATE FARM BRANCHES OUT

State Farm Insurance Cos., the nation’s largest home and personal auto insurer, has agreed to sell Fortis individual health insurance...

MORE RELIANCE SELL-OFF

Travelers Insurance has reached an agreement in principle with Reliance Group Holdings to purchase the renewal rights to a portion...

GULF PICKS UP FRONTIER BUSINESS

Gulf Insurance Group and Frontier Insurance Group have reached an agreement in principle whereby Gulf Insurance Company and its subsidiaries...

$4 MILLION ARM

The San Diego Padres filed a lawsuit in U.S. District Court against Lloyd’s of London for the insurance consortium’s alleged...

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