Newsbriefs

THE INSURANCE SIDE OF SEARS

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

STATE FARM WILL PAY

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

SUPPORT FOR CLASS ACTION REFORM

The majority of respondents to a recent Insurance Research Council (IRC) survey of U.S. households support changes in the way...

GLOBAL TRAVELERS

Travelers Insurance, a unit of Citigroup, announced that it was setting up an International Insurance Division with Robert J. Price,...

NAIC TARGETS PRIVACY

The National Association of Insurance Commissioners Privacy Working Group has passed a resolution providing for uniform compliance of privacy regulations...

LOSSES FOR ALLSTATE

April and May produced $340 million in catastrophe losses for Allstate Corp., whose June 15 announcement triggered a 7 percent...

PRIME TIME

The Hartford has launched a new television ad promoting tailored small business insurance solutions. The new ads focus on a...

INSURING THE UNINSURED

California legislators hope to reduce the number of uninsured motorists in Los Angeles and San Francisco by offering low-income residents...

PROGRESSIVE RATINGS LOWERED

A.M. Best has lowered the financial strength rating of the Progressive Casualty Pool to A+ from A++, reflecting the group’s...

FLORIDA TAKES THE LEAD

Florida has been authorized to negotiate a nationwide settlement with American General Corp., which has admitted to charging nearly 350,000...

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