January 21, 2008

Corporate Default Risk Soars to Record on Ambac Ratings Cut

Bloomberg - The bond insurance industry guaranteed $100 billion of collateralized debt obligations linked to subprime mortgages, $22 billion of non-prime auto loans and $1.2 trillion of municipal debt. New York-based Merrill Lynch & Co., the world's largest ...

From Corporate Default Risk Soars to Record on Ambac Ratings Cut

Posted by Russell at 04:35 PM

January 18, 2008

Florida bans Allstate insurance

Chicago Tribune - Allstate Corp. will not be allowed to sell new auto insurance in Florida until it complies fully with subpoenas from the state seeking information about how it sets rates, Florida Insurance Commissioner Kevin McCarty announced Wednesday. The ...

From Florida bans Allstate insurance

Posted by Ken at 03:10 PM

Allstate Barred from Selling Auto Insurance in

NPR News - Morning Edition , January 17, 2008 Florida's top insurance regulator tells Allstate it cannot sell new auto insurance policies in the state. It's punishment for Allstate's refusal to comply with an investigation into its property insurance ...

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Posted by Joe at 01:13 PM

BUSINESS Mandatory auto insurance premiums to be cut

TOKYO The government decided Friday to lower premiums for compulsory automobile liability insurance policies in April for the first time in 11 years due to a fall in the number of deaths in traffic

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Posted by John at 10:11 AM

January 14, 2008

Nationwide Mutual Insurance Company

Columbus Business Journal - Nationwide Mutual Insurance Company has grown over the last 80 years into one of the largest insurance and financial services companies in the world. It offers a full range of products and services for home, auto, family, and financial security of ...

From Nationwide Mutual Insurance Company

Posted by Michael at 12:41 PM

January 12, 2008

Blazing finish keeps Choi ahead in Sony

Chicago Sun-Times - ... will lead the unit. Jacobs Field, the home of the Cleveland Indians often known as ''The Jake,'' will be called Progressive Field as part of a naming-rights deal worth nearly $58 million over 16 years. The name refers to an auto-insurance ...

From Blazing finish keeps Choi ahead in Sony

Posted by Stephen at 09:39 AM

January 11, 2008

YOUR VIEW: Auto insurance reform

South Coast Today - Beginning in April, a series of reforms will change the market in which automobile insurance is sold and serviced in Massachusetts. Under the current system, state regulators set the rates insurance companies can offer auto insurance consumers. With ...

From YOUR VIEW: Auto insurance reform

Posted by Doug at 05:17 PM

Consumer group claims insurance companies overcharge for coverage, underpay for damages

Updated at 2:04 p.m. WASHINGTON (AP) U.S. insurance companies systematically overcharge customers and underpay consumers' home and auto claims to pad their already-fat bottom lines, a consumer group said

From Consumer group claims insurance companies overcharge for coverage, underpay for damages

Posted by Bob at 10:23 AM