The 500,000 employees of the member companies of the New Jersey Chamber of Commerce are now eligible for a discounted auto insurance program. The deal is being offered in a partnership with High Point Safety and Insurance Management Corp., a …
Mercury General Group topped the list of least complained-about auto insurers in New York last year, according to a newly released ranking by the state’s insurance department. Mercury, which has $32 million in written premium in the state, had the …
American International Group Inc. may sell its AIG Hawaii unit to pay off the emergency $85 billion federal loan. The unit is part of the AIG Personal Auto Group, which the New York-based insurer listed for sale. AIG Hawaii President …
A long-running case dating back to numerous insurance company collapses in Louisiana during the 1990s has been thrown out by the Louisiana Supreme Court. In a 6-1 decision, the high court tossed a $1.2 million award to the supposed owner …
The Property Casualty Insurers Association of America (PCI) said it was disappointed by New York regulators’ decision to deny most auto insurers’ rate increases based on the assumption that higher gas prices would mean lowered risks to insurers. Earlier this …
American International Group Inc. may sell its AIG Hawaii unit to pay off an emergency $85 billion federal loan. The local unit is part of the AIG Personal Auto Group, which the New York-based insurer has listed for sale. AIG …
The Massachusetts insurance commissioner, addressing a concern of some insurers, is considering eliminating the unique right under which Bay State drivers have been able to appeal auto premium surcharges they consider unfair for accidents caused by bad weather, road problems …
The Maryland Automobile Insurance Fund (MAIF) has been granted a 45-day deferral of a decision that might have allowed MAIF to reduce rates by nearly five percent, according to Maryland Insurance Commissioner Ralph S. Tyler. Executives of the state fund …
The gap in customer satisfaction between homeowners and auto insurance providers has steadily widened since 2004, with homeowners insurance customer satisfaction remaining essentially flat during the past five years, according to the J.D. Power and Associates 2008 Homeowners Insurance Study. …
Mercury General Group topped the list of least complained-about auto insurers in New York last year, according to a newly released ranking by the state’s insurance department. Mercury, which has just over $32 million in written premium in the state, …
