Markets/Coverages News

NAIC Approves Regulation Blueprint

Amid pressure from the banking industry to regulate insurance on the federal level, state insurance regulators are considering a move...

Prudential Reduces Nevada Rates

Prudential is reducing auto insurance rates for many drivers in Nevada by an average of 2.2 percent statewide. Some Nevada...

No Progress at EU/China Trade Talks

Four days of negotiations failed to achieve results in talks between European Union (EU) negotiators and their Chinese counterparts in...

RMS Reports On Turkey, Taiwan Quakes

Risk Management Solutions (RMS) announced the publication of two reports covering the Aug. 17 earthquake in Izmit, Turkey, and the...

Allianz Acquires Egyptian Insurer

Germany’s Allianz AG acquired a controlling 80 percent interest in Cairo-based Arab International Insurance Company (AIIC) by purchasing the 40...

Mexico Offers Growth Potential

The acquisition of a minority interest in Seguros Comercial America, S.A. de C.V. (SCA) by ING Group NV illustrates the...