Archive for July 2009

Rising Insurance Costs to Be Shared By City Workers

Jul 29th, 2009 | Category: Insurance Today

Flat salaries coupled with rising health care costs is a refrain ringing (does a refrain really ring?) through many workplaces these days. It’s a tune that’s now reaching city hall. Insurance costs for Fayetteville city workers are due to increase 7.5 percent next year, said Missy Leflar, Fayetteville human resources director. This translates to $240,000 […]

US Hybrid Auto Insurance Leader Says Being Green Pays

Jul 27th, 2009 | Category: Insurance Today

(Dow Jones) – Drivers of hybrid cars frequently get a discount on their auto insurance policies just for being “green,” but one insurer argues that such discounts makes sense, and money. That’s the way Farmers Insurance Group views the 10% hybrid car insurance discount the company pioneered in 2005. “We thought it was the responsible […]

Easy Ways to Save on Your Auto Insurance

Jul 16th, 2009 | Category: Insurance Today

The year 2009 will be remembered by everybody because of the great turmoil in the global economy; it really has become one of the most difficult years with both companies and consumers suffering from heavy losses. Everyone wants to save money and starts to wonder what he could do to save. Some people quit smoking, […]

State’s Low-Income Health Insurance Expansion Begins

Jul 15th, 2009 | Category: Insurance Today

MADISON, Wis. – Uninsured low-income adults in Wisconsin with no dependent children can now receive benefits under an expanded state health insurance program. The BadgerCare Plus Core Plan covers primary and preventive care along with generic drugs for those qualifying adults. Wednesday marked the first day benefits could be received.

Agreement rolls back N.C. auto insurance rates

Jul 15th, 2009 | Category: Insurance Today

(News14) – North Carolina auto insurance rates will be rolled back to levels of about three years ago and frozen until 2011 under an agreement between the state insurance commissioner and the insurance industry. State Insurance Commissioner Wayne Goodwin announced the rollback Wednesday and said the agreement includes $50 million in refunds for private passenger […]

Progressive 2Q Earnings Rise 16% On Invest

Jul 10th, 2009 | Category: Insurance Today

Progressive Corp.’s (PGR) second-quarter earnings rose 16% on investment gains and lower claims costs. Shares rose 3.6% premarket to $14.95 as per-share profit topped analysts’ average expectation by 1 cent.

Ward Group Identifies 2009 Ward’s 50 Top Performing Insurance Companies

Jul 9th, 2009 | Category: Insurance Today

(BUSINESS WIRE) – The list of Ward’s 50 top performing insurance companies was released by Ward Group, an operational consulting firm and leading provider of benchmarking and best practices services to the insurance industry. Annually, Ward Group analyzes the financial performance of over 3,100 property-casualty insurance companies and over 800 life-health insurance companies domiciled in […]

Allstate agency owner wins national award

Jul 4th, 2009 | Category: Insurance Today

Allstate Insurance has recognized Dave Mlynarik, owner of the company’s Westfield office, with the Chairman’s Conference award for high standards in customer satisfaction, customer retention and profitable business growth. The Dave Mlynarik Agency is among 6 percent of insurance agencies and personal financial representatives for Allstate nationwide to reach this level of achievement, based on […]