business - "insurance"

As the estimated 80 million people born between 1981 and 20001 enter the workforce and become active consumers, technology will play a critical role for insurance firms targeting those in the so-calle

Following a meeting with his Advisory Task Force on insurance Fraud, Blue Ribbon Review Committee, California insurance Commissioner Steve Poizner announced that he will implement five actions to help

Shares of insurance giant American International Group Inc. were up more than 3% in premarket trading after analysts for Morgan Stanley upgraded AIG from equal weight to overweight.

SAN FRANCISCO (MarketWatch) -- First Integrity Bank NA of Staples, MN., was closed by the Office of the Comptroller of the Currency and the Federal Deposit insurance Corporation was named receiver, the FDIC said late Friday. The closure marks the fourth U.S. bank failure of 2008. All deposit accounts have been transferred to First International Bank and Trust of Watford City, N.D. and depositors of First Integrity will automatically become depositors of the assuming bank. In addition, First International will purchase about $35.8 million of First Integrity's assets for a total premium of $2.03 million, said the FDIC. The FDIC will retain about $18.9 million in assets for disposition later.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Since Hurricane Katrina blew ashore nearly three years ago and caused massive damage along the Gulf Coast, families in many coastal states have found it difficult and costly to get comprehensive homeowners insurance.

Insurance firm Brown & Brown Inc. said Friday one of its subsidiaries bought Debock & Muth insurance Agency Inc., a property and casualty insurance company.

Standard & Poor's Ratings services on Friday raised its counterparty credit rating for Hanover insurance Group Inc., citing the company's competitive position and strategy.

DAYTONA BEACH, FL and TAMPA, FL (MARKET WIRE) Michael J. Paschke, Regional Executive Vice President of Brown & Brown, Inc. (NYSE: BRO), and James A Muth, President of Debock & Muth insurance Agency, Inc., of Stockton, California, announce the asset acquisition of Debock & Muth insurance Agency, Inc. by a subsidiary of Brown & Brown, Inc.

Quanta Capital Holdings Ltd., a holder of specialty insurance and reinsurance that is in run-off, said Friday it reached a deal to sell itself to Catalina Holdings Ltd. and Catalina Alpha Ltd. for $197 million.

BLOOMINGTON, IL (MARKET WIRE) Some have suggested the 2006 and 2007 hurricane seasons represented the 'quiet before the storm,' making the declaration that the 2008 season has officially begun sound a bit ominous. While everyone is hoping for another quiet year, State Farm, the nation's leading insurer of homes for the last 44 years, knows that hoping for the best is not the same as preparing for the worst.