Allstate Insurance Co. has filed suit against the Florida Institute

A Florida neurologic clinic that specializes in treating patients with traumatic brain and spinal cord injuries is being sued by a major automotive insurance company for more than $7 million in false claims stemming from charges it abused patients, failed to provide treatment, and kept them hospitalized without medical justification.

Swiss Re opens New office

Swiss Re Corporate Solutions has announced that it has bolstered its presence in Benelux with the opening of a new office in Amstelveen, in the Netherlands.

USI Insurance Services acquired TD Insurance, Inc

USI Insurance Services ("USI") has entered into a share purchase agreement to acquire TD Insurance, Inc. (“TDI Inc.”), a wholly-owned US subsidiary of TD Bank, N.A. TDI Inc. is one of the largest bank-owned insurance agencies and brokerage firms in the US offering a wide range of insurance and employee benefits products and services. This acquisition is expected to contribute $58.2 million in revenues to USI on an annual basis.

GEICO reminds, children going back to school

Grade-schoolers heading back to classrooms after a long summer break have a lot to think about: What room am I in? Will there be lots of homework? Who will be my lunch buddy?

Elephant's Wellness Program for their employees

“The Herd is ready to go!”

Those aren’t the words you expect to hear to describe an insurance company, but Elephant Auto Insurance isn’t your average workplace when it comes to employee wellness. The Glen Allen-based company encourages a wellness initiative focused on fitness, nutrition, volunteerism and community that helps employees embrace an active lifestyle.

Insurance Implications of Drunk Driving

New drunk-driving crash statistics released by the National Highway Traffic Safety Administration (NHTSA) found that the blood alcohol content (BAC) in 70 percent of drunk-driving fatalities in 2010 was 0.15 or higher.

The State Health Plan expects to save $22.4 million

The State Health Plan expects to save $22.4 million a year after awarding new contracts to administer the plan, which is currently handled solely by Blue Cross and Blue Shield of North Carolina, to three different providers.

Homeowners should seek approved contractor their own!

Residents throughout the UK will be looking to make changes to their home in order to handle the cold weather expected in the winter season.

For many, it may not even seem like summer has arrived yet because of the miserable wet weather that has been seen throughout the country in recent months.

Great American Insurance Group Launches new Public Sector

Great American Insurance Group announced the launch of its Public Sector Alternative Risk Division.  This Division will offer a comprehensive list of coverages in the reinsurance and excess insurance markets for Pools, Trusts, Joint Powers Authorities (JPAs ), Reciprocals and Captives  in the Public Entity space. Targeted classes include: municipalities, schools, counties, housing authorities, and other special service districts with minimum self- insured retentions of $100,000. Coverage is available in all 50 states.

Response Texas Insurance Commissioner to an email campaign addressing homeowners insurance.

Texas top regulator has posted a response to an email campaign addressing homeowners insurance rates and issues initiated by a consumer advocacy group.

Munich Re has finished a first half-year earnings near $2 Billion

Munich Re’s second quarter earnings report notes that it achieved a consolidated profit of €812 million [$1.007 billion], compared to the €738 million [$915.12 million] it reported in Q2 2011. The report indicated that “underwriting business performed well,” as it also did in the first quarter of the year, and “the investment result showed a marked improvement on the same period of the previous year.”

California and Colorado received Awards Insurance Foundation

The Insurance Industry Charitable Foundation (IICF) Western Division awards $74,407 in community grants. Marking its second round of grant funding for 2012, the IICF Western Division increases its yearly grant contributions to $261,534, supporting 51 separate non-profit organizations located across California and Colorado.

Manipulation of insurance policy not pass

The London Borough of Havering has brought successful prosecutions for contempt of court against three people attempting insurance fraud.

Mortgage insurer MGIC's shares plunged 64%

Shares of MGIC Investment Corp. plunged 64% Thursday -- to 88 cents from $2.45 -- after the Milwaukee-based mortgage insurer reported a wider second-quarter loss. MGIC posted a loss of $273.9 million, or $1.36 a share, compared with a loss of $151.7 million, or 75 cents, in second quarter 2011. It was the eighth consecutive quarterly loss for the company.

More than $10.4 million will be distributed among 578 local FRAs

Kansas Insurance Commissioner Sandy Praeger is currently making the annual funds distribution to state and local firefighter relief organizations. The amount is nearly $550,000 more than the 2011 total, according to the state insurance department.

Aviva begins starting pet insurance from 1st August.

The insurer has been selling pet insurance for years and says it is aware that owners worry about finding policies that will cover recurring medical conditions.