April 6, 2009
225 The weight of a 61-year-old Bloomfield Hills, Mich., man who is suing his former employer, claiming he was fired from a $75,000-a-year salesman’s job because of his waistline. The employer says Patrick J. Ronayne was let go because of …
April 1, 2009
Michigan motorists will pay $20.31 more this year to a fund helping support seriously injured accident victims. The Michigan Catastrophic Claims Association this week raised the annual assessment to $124.89 per vehicle. The assessment is passed on from insurance companies …
March 31, 2009
Posit Science, a brain fitness company, announced today that it has extended its relationship with auto insurer Allstate. The companies began working together six months ago in a program to determine whether brain fitness exercise software could be deployed to …
March 23, 2009
State Farm Fire and Casualty Co. Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeowners insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective on April 1, 2009, …
March 23, 2009
Geico is entering the auto insurance market in Massachusetts. State Insurance Commissioner Nonnie Burnes confirmed in a statement Friday that the nation’s third-largest auto insurer has filed to begin selling premiums in May. Geico would become the second major national …
March 18, 2009
The chief executive of Ohio-based auto insurer Progressive Corp. received 8.8 percent less compensation in 2008 mainly because he declined to accept a performance-related bonus, as investment losses led to the company’s first annual loss in 26 years. Glenn Renwick, …
March 13, 2009
Warren Buffett’s Berkshire Hathaway was stripped of its ‘AAA’ credit rating by Fitch Ratings, barely hours after S&P cut General Electric Co’s top-tier rating, as the global financial crisis pummels America’s corporate titans. Citing concerns about Berkshire’s equity and derivatives …
March 9, 2009
The American subsidiary of a United Kingdom-based auto insurer says it’s going to open an operations center and bring 40 to 50 jobs to the Richmond area. Admiral Americas and the Greater Richmond Partnership announced the news. They said the …
March 9, 2009
Market Auto Discounts Differently It’s pretty safe to say that money isn’t everything. Your health, happiness and, of course, golf are all more important. A lot more important, right? Well, maybe not if you glance at the pile of auto …
March 4, 2009
Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a Feb. 3 order, Granholm asked …