Insurance Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
A Mississippi insurance agent has pleaded guilty to three counts of mail fraud. www.nbc15online.com/news/state/story.aspx?content_id=5bc0ab1...
New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the New York Insurance Exchange, which was seen as the U.S. equivalent of the Lloyd's of London market when it was founded to great fanfare in 1980. news.yahoo.com/s/nm/20080703/bs_nm/newyorkinsuranceexchange_...
The credit crisis has led to a surge in motor insurance fraud with the police and the industry reporting a 70 per cent rise in dishonest claims over the past three years. www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/03/n...
Standard & Poor's Ratings Services on Thursday cut the counterparty credit and financial strength ratings on Triad Guaranty Insurance Corp. four notches to junk status on concerns about the mortgage insurer's capital adequacy. biz.yahoo.com/ap/080703/triad_guaranty_s_p_ratings.html?.v=1
Property and casualty insurer EMC Insurance Group Inc. on Thursday slashed its 2008 operating earnings outlook because of expected losses tied to storms in the Midwest. biz.yahoo.com/ap/080703/emc_insurance_group_outlook.html?.v=...
Insurers uncovered £5m a week of fraudulent motor insurance claims last year, says the industry body. news.bbc.co.uk/go/rss/-/1/hi/business/7487017.stm
Fiserv Inc., Brookfield-based provider of information technology services to the financial and insurance industries, today announced it has signed a definitive agreement to sell 51 percent of its interests in its insurance businesses to Trident IV, a private equity fund managed by Stone Point Capital LLC. www.biztimes.com/daily/2008/7/2/fiserv-to-shed-insurance-bus...
LONDON—Moody’s Investors Service—a unit of New York-based Moody’s Corp.—says the fundamental credit outlook for the German life, and property and casualty insurance sector is stable over the next 12 to 18 months, according to a new report from the rating agency. www.businessinsurance.com/cgi-bin/news.pl?id=13359
Initial claims for unemployment insurance in Texas rose last week to 14,608, a 7 percent increase over the prior week. www.bizjournals.com/dallas/stories/2008/06/30/daily29.html?a...
Twenty-four alleged members of an insurance fraud ring were arrested this morning in London following a joint swoop by the Metropolitan Police and the Insurance Fraud Bureau as part of a ‘cash for crash’ investigation. www.insurancewindow.net/public/showPage.html?page=post_break...
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