News: General Insurance

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Three Sapiens Clients, Philadelphia Insurance Companies, DirectAsia.com, and ...
MarketWatch (press release)
L&T General Insurance, a member of the Larsen & Toubro group of companies, was recognized for realizing organization wide results in short timeframe. L&T General Insurance displayed a clear vision and leadership in the delivery of genuine value from ...
SAPIENS INTERNATIONAL CORPORATION N.V. : Three Sapiens Clients Named Winners ...4-traders (press release)

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Published on Monday 6th of February 2012 05:31:30 PM Read more...

Mercury General Corp.'s 4Q Net Premiums Up Slightly; Declares Quarterly Dividend
Insurance Journal
Mercury General Corp. and its subsidiaries are a multiple line insurance organization offering predominantly personal automobile and homeowners insurance through a network of independent producers in many states. Shares of Mercury (NYSE: MCY) were down ...
Mercury General Corporation Announces Fourth Quarter Results and Declares ...MarketWatch (press release)

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Published on Monday 6th of February 2012 05:31:30 PM Read more...


Insurance Age
Majority of Britain's general insurers foreign-owned
The Guardian (blog)
He won't be pleased by a new report that shows the majority of Britain's general insurance companies - which sell car and household policies etc - are now foreign owned. The report, UK Financial Services: Ownership, Value and M&A Developments, ...
Foreign investment dominates UK insuranceInsurance Age
UK insurers dominated by foreign firmsPost Online

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Published on Monday 6th of February 2012 05:31:30 PM Read more...

$1.5M New West deal before insurance commissioner
CBS News
The New West buyout is the last major step in the settlement to the antitrust case brought by the US Department of Justice and the state attorney general's office against Blue Cross and Blue Shield of Montana over a deal Blue Cross struck with New ...

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Votes Are In: 2012 Automobile Insurance Discount Act Qualifies
San Francisco Chronicle (press release)
American Agents Alliance helped the 2012 Automobile Insurance Discount Act qualify for the November ballot by gathering 504760 signatures from the residents of California. The chairman of Mercury General Corp. has agreed to sponsor 99% of the 2012 ...

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Published on Monday 6th of February 2012 05:31:30 PM Read more...


WJLA
DOES Announces Major Crackdown on Unemployment Fraud Featured
Washington Informer
Mayor Vincent C. Gray and Department of Employment Services (DOES) Director Lisa Mallory have announced a major unemployment-insurance-fraud probe launched by DOES in cooperation with the Office of the Attorney General (OAG), the Office of the ...
130 Current and Former District Employees Implicated in Unemployment Fraud ProbeNBC4 Washington
DC workers face firing for unemployment fraudWashington Post

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Published on Monday 6th of February 2012 05:31:30 PM Read more...

TEXT: S&P Assigns 'A' Rtg To Suncorp Group Ltd.; Outlook Stable
Reuters
Suncorp group includes leading general insurance, banking, life insurance, superannuation, and investment businesses operating in Australia and New Zealand. Our current issuer credit rating on Suncorp's core operating companies is 'A+' with a stable ...

Published on Monday 6th of February 2012 05:31:30 PM Read more...

Mercury General Swings To 4Q Net On Investment Gains, Strong Revenue
Wall Street Journal
Mercury General Corp. (MCY) swung to a fourth-quarter profit from a year-earlier period hampered by large investment losses, while the insurance company's revenue grew more than expected. The homeowner and auto insurance provider's financial ...

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Published on Monday 6th of February 2012 05:31:30 PM Read more...

Travel insurance to grow on rising tourist traffic
Economic Times
However, we hope things will change in the next five to seven years as the industry matures," Bharti Axa General Insurance chief executive Amarnath Ananthanarayanan told PTI. He blamed prevalence of conventional products coupled with low awareness ...

Published on Monday 6th of February 2012 05:31:30 PM Read more...

Torus Appoints Rousseau to Develop General Property in France
Insurance Journal
His appointment follows the recent hiring of Senior Underwriters Brian Byrnes for General Property and Marco Sonntag for Casualty for the German, Swiss and Austrian markets. Rousseau joins Torus from XL Insurance where he was a Property Underwriting ...
Torus recruits XL underwriting managerInsurance Insight

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Published on Monday 6th of February 2012 05:31:30 PM Read more...

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