New York News

ACE Sues CIGNA Over P/C Acqusition

Bermuda based ACE Ltd. is unhappy about several aspects of its acquisition of CIGNA’s property/casualty business , and has filed...

Court Shuts Down Fake-ID Web Site

Based on a Federal Trade Commission complaint, a federal court has shut down a website offering templates to help produce...

NYSE MAY DELIST 2 INSURERS

The New York Stock Exchange announced Dec. 5 that it plans to suspend trading in the common stock and other...

BIG RIDE, BIG PREMIUM

Auto insurance giants Allstate and Progressive will raise liability premiums for sport utility vehicles, pickup trucks and big vans because...