business - "insurance"

Allstate's sales agents in Florida can keep writing new policies after the company asked an appeals court to rehear its suspension by state insurance regulators.

American Financial Group Inc., an insurance holding company, said Monday it will redeem certain senior notes for up to $193.5 million.

Joseph Brandon, once considered a leading candidate to replace Warren Buffett at the helm of Berkshire Hathaway, has stepped down as head of its reinsurance division, General Re

Joseph P. Brandon, the chairman and chief executive of the insurance company, resigned under pressure on Monday. The company said its president, Franklin Montross, will succeed Mr. Brandon.

BOTHELL, WA (MARKET WIRE) AMS services is pleased to announce a major milestone in enhancing operational efficiency for small to mid-size property/casualty insurance agencies with the Beta release of AMS Prime Online, a hosted version of AMS Prime.

BOTHELL, WA (MARKET WIRE) AMS Connectivity services (ACS) is pleased to announce the availability of a new download certification tool for insurance carriers and agents.

Excerpt: 'And how does the private insurance industry define equity in the pricing of health insurance premiums? The premium that 'EACH insured pays must reflect the expected cost of providing coverage to THAT insured,' but not 'an extra amount to make up for those paying less than cost.' So let's see how that would work in a system that finances health care for everyone. The 80 percent of individuals (243 million people) who use 20 percent of our national health expenditures ($479 billion) would each be responsible for $1970 in an equitable system, according to the insurance industry's version. The other 20 percent of individuals (61 million people) who use 80 percent of our national health expenditures ($1,915 billion) would each be responsible for $31,400 in AHIP's version of equity.' (authored by Physicians for a National Health Program)

ING Capital Life insurance Company and Guohua Life insurance Company have been granted permission by the China insurance Regulatory Commission to invest in local stock markets, according to AFX News.

An analyst upgraded Marsh & McLennan Companies Inc. and raised his price target Monday, saying the insurance broker's new management will likely be able to improve margins.

Most consumers depend on their employer for their health, life and disability insurance. But according to a recent report by the Center for Economic and Policy Research, this year's recession will cause at least 4.2 million people to lose their health and life insurance coverage. If the worst happens and the recession costs you your job, what would you do?