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Industry - Insurance latest news

Industry - Insurance latest news


Tokio Marine to Acquire Philadelphia Insurance for $4.7 Billion
Tokio Marine Holdings, Inc. reported that it has agreed to acquire all outstanding shares of Philadelphia Consolidated, a U.S. property/casualty insurance company offering specialty commercial propert
Insurancejournal.com Wednesday, July 23, 2008

Price a Sticking Point for Bermuda Insurers Eyeing Lloyd's Deals
A handful of Bermuda insurers see an opportunity to expand their horizons by entering the Lloyd's of London insurance market, but their interest of late has waned as prices of potential target compani
Insurancejournal.com Wednesday, July 23, 2008

Louisiana Governor Seeks Disaster Status for May Storm Damage
After a rejection in June, Louisiana Gov. Bobby Jindal has again asked for the president to declare Caddo, Bossier and six other parishes federal disaster areas because of storms in May. Wind and
Insurancejournal.com Wednesday, July 23, 2008

Royal Bank of Scotland May Not Sell Auto Insurance Unit After All
Royal Bank of Scotland looks increasingly likely to shelve plans to sell its insurance arm and turn instead to other smaller deals to top up its capital. RBS announced plans to sell Britain's large
Insurancejournal.com Wednesday, July 23, 2008

Travelers Weathers Q2 Catastrophe Losses; Combined Ratio at 89%
The Travelers Companies, Inc. reported net income of $942 million for the quarter ended June 30, 2008, compared to $1.254 billion for the quarter ended June 30, 2007. Operating income in the curre
Insurancejournal.com Wednesday, July 23, 2008

Florida Insurance Commissioner Praises Mandatory Arbitration Ban
Florida Insurance Commissioner Kevin McCarty welcomed the First District Court of Appeal's decision affirming the office of Insurance Regulation's denial of United Insurance Company of America's reque
Insurancejournal.com Wednesday, July 23, 2008

Georgia Insurance Commission Unveils New Web Site
Georgia Insurance and Safety Fire Commission launched an improved and redesigned version of its Web site, making it more navigable and user friendly, said Insurance Commissioner John W. Oxendine.
Insurancejournal.com Wednesday, July 23, 2008

Medical Group, West Virginia Gov. Anger DuPont Plaintiffs in $400M Verdict
The plaintiffs who won a nearly $400 million verdict against DuPont say West Virginia Gov. Joe Manchin and that state's Medical Association should butt out of the appeal. DuPont lost a lawsuit ove
Insurancejournal.com Wednesday, July 23, 2008

Insurers Say Major North Carolina Storm Could Cost Billions
Insurance companies say a major hurricane could lead them to pass billions of dollars in charges to homeowners across North Carolina because a state-created coastal insurance plan is underfunded.
Insurancejournal.com Wednesday, July 23, 2008

Mold Found in FEMA Mobile Homes in Indiana, Iowa
The discovery of mold in federally provided mobile homes sheltering Indiana and Iowa flood victims has prompted new anger and frustrations for those who have lost their houses. The Federal Emergen
Insurancejournal.com Wednesday, July 23, 2008

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Archived "Industry - Insurance" news stories.

Available news archives.

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