Cheapest Car Insurance? Read more

Buying even the minimum levels of liability insurance can be expensive for good drivers. Research released in June by the Consumer Federation of America (CFA) found that more than half of motorists in its sample -- drivers without moving violations or accidents who live in moderate-income areas -- were quoted rates of more than $1,000 a year for basic coverage. For 32 percent, the quotes averaged more than $1,500.

NAIC accept new requests for 2013

The National Association of Insurance Commissioners issued the following news release:

The National Association of Insurance Commissioners (NAIC) is currently accepting applications for the 2013 Consumer Liaison Program.

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.