Monday, October 29, 2012

Lawsuit Against Auto Club Alleges Unfair Use of Coverage History

A class-action lawsuit brought against Auto Club of Southern California by one of its former agents alleges that the insurer engaged in practices meant to dodge state regulations barring insurers from using prior coverage history to help determine the price of a policy or whether a driver is insurable.

Friday, October 26, 2012

Pension Insurance Corporation and Luxembourg-based Reinet agreed that Fund will invest up to £400 million in the business.

Pension Insurance Corporation (PIC), which provides insurance solutions for defined benefit pension funds, has completed a transaction whereby Luxembourg-based Reinet Fund will invest up to £400 million in the business.

Thursday, October 25, 2012

Homeowners can save substantial amounts of money by finding the best energy supplier!

The winter season is when the real worth of heating systems is evident, warming up millions of households as the temperatures drop dramatically outside.

Wednesday, October 24, 2012

From 2006 to 2011, direct earned premiums for lender-placed insurance more than tripled

BORROWERS who allow their homeowners’ insurance to lapse will often get stuck with a bill for much more expensive coverage, courtesy of their lenders.

Tuesday, October 23, 2012

The new guidance from of Aon Benfield

Aon Benfield has launched the “CRO Guide to Solvency II”, a new report aimed at helping chief risk officers (CROs) maintain a competitive position and boost financial strength while meeting regulatory compliance.