One of New Jersey’s top five auto insurers is considering its options as a result of an announcement last week...
National News
First Union Securities announced the sale of The Galtney Group Inc. to Arthur J. Gallagher & Co., the world’s fourth...
The Progressive Corporation, based in Mayfield Village, Ohio, reported a GAAP combined ratio of 97.5 for May. Net premiums written...
A computer network that would link together the existing databases of U.S. state and federal banking, securities and insurance regulators...
Nearly one-third of Allstate’s 13,000-member exclusive agency force is now licensed to provide personal financial products and mutual funds. More...
Stockholders for Radian Group Inc., the parent company of Radian Guaranty Inc., Enhance Reinsurance Company, Asset Guaranty Insurance Company and...
Reliance Group Holdings Inc. went to court to file for Chapter 11 bankruptcy protection on June 12. According to the...
State Farm Indemnity announced on June 12 that it intends to stop writing automobile business in New Jersey. The announcement...
The 29-state NARAB requirement for licensing reciprocity has been surpassed, the National Association of Insurance Commissioners (NAIC) announced at the...
Most of the funds, around $255 million, will be remitted to Fairfax, which retains 73.7 percent of ORH’s shares. Underwriters...