Programbusiness | News Archive
Daily NewsFlash : May 08, 2012
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Tuesday, May 08, 2012
Health-insurance plans with higher deductibles, increasingly popular among consumers, could save the medical system billions in costs if they were widely enacted, a study released Monday shows.
The report from Rand Corp., the Santa Monica, Calif.-based think tank, says if half ...
A large contingent of trade and environmental groups and companies is planning to "flood the Hill" as part of a campaign to lobby Congress to take up flood reinsurance legislation before the end of the year.
The American Insurance Association, the Reinsurance Association of...
The U.S. government may wind up posting a profit of more than $15 billion from the rescue of American International Group Inc. (AIG), according to an independent projection released Monday.
CRC Insurance Services Inc., Crump Insurance Services Inc., and R-T Specialty LLC jointly announced today that the parties have resolved all existing disputes between them in a global, confidential...
Genworth Financial Inc.'s U.S. mortgage-insurance unit will reduce pricing and expand underwriting guidelines that will allow more borrowers with less than a 20% down payment to qualify for conventional mortgage loans.
Under its expanded guidelines, Genworth now will accept a minimum Fair...
Axis Insurance Services, LLC announced on Monday it has achieved a new level of company growth with the promotions of Ms. Justina Confer, Ms. Heather Verdui and the hiring of Ms. Tania Enders.
“As our company continues to achieve success, it creates a need for good people. It has been our policy to ...
In the first quarter of 2012, Munich Re achieved a consolidated profit of 782m euros ($1.02 billion). Last year, during the same period last year the insurer had a net loss of -948m euros.
Underwriting business performed well in the first quarter and the investment result showed a marked im...
Effective May 1, 2012, Black/White has joined hands with their good friends at Stoermer Insurance Services located in Dayton Ohio. Al and Ed Stoermer are the owners of the agency, which has been in...
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