U.S. property/casualty insurance companies kick off 2012 with profit

Posted by editor@insuranceheadlines.com | Posted in Car Insurance Minnesota | Posted on 17-05-2012

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Premium growth and lower catastrophe costs helped allow U.S. property/casualty insurance companies to begin 2012 with positive net income, according to a report released this week by Moody’s Investors Service Inc. The report, “U.S. P&C Insurers’ 1Q12 Earnings Improve on Lower Cats; Pricing Momentum Continues,” noted that “investment income remains ...

Dog bite claims cost insurers $497M in 2011, insurance group says

Posted by editor@insuranceheadlines.com | Posted in Car Insurance Minnesota | Posted on 17-05-2012

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(AP) LOS ANGELES - Dog bites man does not get a lot of attention in the news, but it costs insurance companies hundreds of millions in claims every year. State Farm Insurance, one of the nation's largest home insurers, paid more than $109 million on about 3,800 dog bite claims nationwide ...

Sun Life won’t confirm reports it plans to sell its U.K insurance business

Posted by Insurance News | Posted in Car Insurance Minnesota | Posted on 17-05-2012

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Sun Life Financial Inc. says it won't comment on British media reports it plans to sell its U.K. insurance business just months after it scaled down its U.S. division as it works to streamline operations.

FTC: Skechers deceived consumers with shoe ads

Posted by Insurance News | Posted in Car Insurance Minnesota | Posted on 16-05-2012

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WellPoint shareholders are rejecting a call for more disclosure about the health insurer's political contributions after a shout-filled, contentious annual meeting.

Protesters disrupt WellPoint annual meeting

Posted by Insurance News | Posted in Car Insurance Minnesota | Posted on 16-05-2012

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WellPoint Inc. shareholders rejected a call for more disclosure about the health insurer's political contributions Wednesday during a shout-filled, contentious annual meeting.

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