In terms of personal pleasures, buying life insurance doesn’t usually fall in the same category as buying a new car or a new wardrobe. However, despite its lack of glamour and prestige, the decision to buy life insurance can be infinitely more important to a family and its future financial security. Before you begin your […]
American International Group is in advanced talks to sell its U.S. auto insurance unit to Swiss insurer Zurich Financial Services AG, a source familiar with the matter said Tuesday. The auto insurance business is expected to fetch around $2 billion, the source said.
(Arkansas Insurance Department) – Arkansas Insurance Commissioner Jay Bradford announced two convictions in separate instances of auto insurance fraud in his state. rlandis Moore pleaded guilty in Pulaski County Circuit Court to committing a fraudulent insurance act, a Class D felony. As the passenger in a vehicle involved in a car accident, Moore presented a […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in South Carolina and in the nation, is lowering its overall auto insurance rate level in South Carolina by an average of 2.1 percent. This represents an annual savings of $10.9 million for South Carolina customers. After this change is implemented, […]
Effective March 9, State Farm Mutual Automobile Insurance Company, the largest insurer of autos in Georgia and in the nation, is lowering its overall auto insurance rate level in Georgia by an average of 1.5 percent. This represents an annual savings of $16.2 million for Georgia customers. After this change is implemented, State Farm’s overall […]
(Dow Jones) – Allstate Corp. (ALL) hopes to refashion its good hands image into a helping hand for anxious consumers: Anyone visiting an Allstate Web site can print out a free one-day pass to Sam’s Club, the discount warehouse owned by Wal-Mart Stores Inc. (WMT). The main message “is to demonstrate we are not only helping […]
Esurance, the direct-to-consumer personal auto insurance company, announced the second year of its domestic partnership with World Wildlife Fund for Earth Hour. The event urges individuals and businesses to turn off their lights for one hour to raise awareness about the connections between energy use and our environment. This year’s event will take place Saturday, […]
(CompNewsNetwork) – Progressive Medical, Inc. today named Kevin Banion as president and chief operating officer. Founder Dave Bianconi will continue to serve as chief executive officer. The transition will become effective on March 1. Banion, who currently serves as COO, will oversee the company’s direction and daily operations. He will ensure that all strategic plans […]
Caution! Not all insurance companies are the same when it comes to fixing your car! In a blind survey of 50 New Jersey auto repair facilities performed by USA/Direct, an independent research firm, Teachers’ Insurance Plan of NJ was shown to be superior to AIG/21st Century, Liberty Mutual, GEICO, and Progressive. The survey asked body […]
New York – based American International Group has announced an agreement to sell AIG Life Insurance Co. of Canada to BMO Financial Group. AIG Life of Canada, headquartered in Toronto, Canada, offers various insurance and wealth products, including universal life and term life insurance plans, critical illness plans, permanent plans and immediate annuities.