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Atlanta Fire Department Faces Insurance Rating Amid Budget Cuts
The insurance industry is engaging in an on-site evaluation of Atlanta's fire protection system for the first time in three decades, a process that could add millions of dollars to premiums. ...
Insurancejournal.com

Insurance Industry Advises Small Businesses Not to Skimp on Coverage
Insurance coverage is an expense that many small business owners might be tempted to cut back on or even forgo as they try to cut costs during the recession. They're making a bet that they won't ...
Insurancejournal.com

Returning Florida Lawmakers` Agenda Includes Property Insurance Woes
Florida Gov. Charlie Crist's political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist ...
Insurancejournal.com

Insurance Marketplace Resilient In `08
Despite a multitude of challenges posed to the U.S. insurance industry, the commercial insurance marketplace proved resilient in 2008, remaining stable—albeit somewhat less competitive—across nearly all lines of coverage, according to a report released by insurance broker Marsh. The industry faced challenges from the deepening global economic crisis, the impact ...
InsuranceHeadlines.com

Florida Lawmakers Still Face Property Insurance Woes
Florida Gov. Charlie Crist's political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. Whether Crist ...
Insurancejournal.com

Prudential to Get China Life Stake
U.K. insurer Prudential is selling its Taiwan unit to China Life Insurance for a nominal sum and will buy a 9.95% in the Taiwanese insurer.
Wall Street Journal

Saudi stocks close higher
The TASI-Index advanced by 0.81%, closing at 4,713.75 points. With oil prices re-advancing by 1% today, the petrochemical sector posted the biggest gain (2.18% higher) at the Riyadh stock exchange. Sahara Petrochemical (up 1.15%) and market bellwether SABIC both outperformed the market index. They were topped by insurance operators SAICO (9.89% higher) and SANAD (advancing by 9.48%). Insurance penetration in the GCC is one of the lowest in the world, which makes the market attractive for both conventional and islamic insurance operators. [AMEInfo.com]
AME Info

Kuwait shares decline by 1.1%
The Kuwait Stock Exchange (price index) declined by 1.1% and closed at 6,613.6 points, but still above the critical support line at 6,584 points. On a chart-technical basis, the index is on a way to complete a W-formation, which usually signals a turning point. Wethaq Takaful, an islamic insurance operator suffered the biggest loss (off 7.7%). The northern gulf state is under pressure due to lower oil prices. More than 95 percent of the federal budget is based in oil revenues.
AME Info

New insurance subsidy stimulating confusion
Many people with health coverage through COBRA are wondering when they'll see the promised 65 percent discount on monthly premiums.
topix.net

Auto Insurance Who is Covered?
Who is covered under my auto insurance policy? Who needs to be listed on my auto insurance policy?
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