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Tag Archives: insurance co

Bond Insurer’s Pledge to Keep Ratings Was ‘Puffery,’ Courts Say

Bond Insurer’s Pledge to Keep Ratings Was ‘Puffery,’ Courts Say May 17 (Bloomberg) — Financial Guaranty Insurance Co. ’s pledge to maintain its AAA credit ratings was “commercial puffery,” and the loss of its top grade doesn’t constitute a breach of contract, a New York court Read More...

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Market Commentary and Intraday News

Market Commentary and Intraday News (AP:ZURICH) Swiss Re Insurance Co. on Thursday posted a first-quarter net profit of $158 million as strong underlying revenues helped offset the impact of two major natural disasters on its property and casualty business. Read more on INO News Read More...

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EIB introduces the first comprehensive life takaful cover in the banking industry

EIB introduces the first comprehensive life takaful cover in the banking industry United Arab Emirates, Dubai, 27 January 2010: In line with its commitment to be at the forefront of innovation & service excellence, EIB EIB , one of the leading financial institutions in the region, in Read More...

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Allstate to open office in Port St. Lucie

Allstate to open office in Port St. Lucie PORT ST. LUCIE — Allstate Insurance Co. announced the opening of a new office, owned and operated by Allstate agent Terry Humes, at 912 S.W. Gatlin Blvd. in Port St. Lucie.Humes’ office will open Feb. 1 and will sell auto, property and life insurance, Read More...

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Fuji Fire Rises on 13.5 Billion-Yen Share Sale to AIG Unit

Fuji Fire Rises on 13.5 Billion-Yen Share Sale to AIG Unit Jan. 22 (Bloomberg) — Fuji Fire & Marine Insurance Co. , headed for its biggest gain in five months in Tokyo trading after announcing plans to sell 13.5 billion yen ($148 million) of shares to a unit of American International Read More...

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Farmers cuts rates for some home insurance customers

Farmers cuts rates for some home insurance customers Texas Farmers Insurance Co. agreed to reduce a 9.9 rate hike it filed in June to 4 percent, according to the Texas Department of Insurance. Read more on Houston Chronicle Read More...

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M. Ramadoss next chairman of New India Assurance

M. Ramadoss next chairman of New India Assurance Chennai, Dec 29: M. Ramadoss, the current chairman and managing director of the Delhi-headquartered Oriental Insurance Co, has been selected to head the country’s leading non-life insurer New India Assurance. Read more on New Kerala Read More...

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Does Life Insurance Really Pay? How Do I Find The Right Company To Buy Level Term?

My husband doesn’t want to get life insurance, he thinks it is a waste and a scam. But if something should happen to him, me and the kids would be SOL. How do I get insurance for us? How do I know the insurance co. will actually pay if something does happen? Are there ways to write the Read More...

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How Do I Avoid Being Charged Tax For An Insurance Check That Was Mistaken Issued To Me?

The check was issued to me last year and I cashed it. The insurance company discovered they had issued it to me by mistake and they asked me to refund them the money. I did. I would prefer that they contact the IRS and notify the IRS that I did not actually receive any $. Is it possible to Read More...

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What Are My Rights When The Insurance Co Wants To Total My Car?

2000 Corolla. Insurance CO wants to total it. What are my rights? Do I get to keep the car and they pay me what it’s worth? Or do they keep the car and pay me for it. I want to keep it because it still runs fine. I ran blue book so I could at least know somethig of the value. Thanks. Read More...

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