Newsbriefs

XCELERATING INTO EBIZ

Xcelerate Corp., a national eBusiness and wireless Internet solutions company with offices in Atlanta, Dallas and New York, has launched...

AFG FEELING BLUE

American Financial Group Inc.’s (AFG) second-quarter earnings from insurance businesses will be negatively impacted by certain litigation charges and by...

e-SIGNATURE BILL SIGNED

“And all of you young people will someday look back on this day …and marvel that it was considered a...

ASSURANCE PARTNERS BANK OPENS

Assurance Partners Bank, a specialized bank founded by the insurance industry to provide banking products and services to insurance companies...

POOR NEWS FOR PROGRESSIVE

Progressive Corp. is estimating its second-quarter profits will fall below Wall Street consensus estimates because of poor underwriting results worsened...

JUST LIKE THE LOTTERY

State Farm Mutual Automobile Insurance Co. will pay dividends of just over $1 billion to auto insurance policyholders in 49...

DEATH TAX IS DYING

Congress’ recent vote to eliminate the so-called “death tax”-which is levied on monetary assets and property owned by a person...

THE BEGINNINGS OF FRAUD

A significant number of Americans surveyed—35 percent—believe that it is alright to exaggerate insurance claims under certain circumstances, according to...

FRANKEL ADMITS TAX EVASION

Martin Frankel, the financier that bilked several U.S. insurance companies of millions of dollars before disappearing and launching an international...

THE INSURANCE SIDE OF SEARS

The Hartford Financial Services Group and Sears, Roebuck & Co., have signed an agreement to market home and auto insurance...

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