Insurance
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Aon completes sale of Auto Insurance Specialists (AP via Yahoo! Finance)
Aon Corp., the world's largest insurance broker, said Tuesday it has completed the sale of Auto Insurance Specialists LLC to auto insurer Mercury General Corp.
Hendrix targets Detroit's high auto insurance rates (Detroit News)
DETROIT -- If elected mayor, candidate Freman Hendrix today said he would unleash a multi-pronged approach to combat the high price of auto insurance for city residents.
HCC Insurance buys VMGU Insurance Agency (AP via Yahoo! Finance)
HCC Insurance Holdings Inc. said Tuesday it bought VMGU Insurance Agency, a niche specialty underwriter, for an undisclosed price.
Blue Shield settles with Insurance Department (BizJournals)
Blue Shield of California will offer new health insurance to 678 consumers whose policies were rescinded over the past four years and reimburse them for out-of-pocket medical expenses under an agreement with the California Department of Insurance announced Tuesday.
No job, no health insurance: How to survive tough times (Atlanta Journal-Constitution)
Just two weeks after getting laid off from his job, Ashish Desai sprained his ankle and knee playing tennis. No paycheck and no health insurance meant no doctor for the Buckhead resident. Desai bandaged the injuries the best he could and left them to heal. "It doesn't feel great by any stretch, but it feels good enough," said Desai, 32, a former securities analyst who lost his job in October ...
Freehold expects to see savings on insurance (News Transcript)
FREEHOLD — Municipal officials have passed a resolution to change insurance carriers and said the action will save Freehold Borough about $200,000. Borough Administrator Joseph Bellina discussed the change at a recent meeting of the Borough Council.
Government to fast-track insurance Bills in Parliament (Business Standard India)
The United Progressive Alliance (UPA) government may be in a position to push for two insurance sector Bills — both of which represent critical reforms for the industry — to be passed in the last session of the 14th Lok Sabha, which may be convened on February 23.
Hendrix threatens suit on Detroit car insurance (Detroit Free Press)
Detroit mayoral candidate Freman Hendrix said today he would file a class-action lawsuit against insurance companies if they refuse to lower automotive insurance premiums for constituents.
Car insurance premiums could rise by 20% as injury claims soar (Daily Mail)
Car insurance premiums could soar by a record 20 per cent this year, insurers are warning, thanks to the rise in fraud and personal injury claims.
Insurance tips 10pc premium hike (Stuff)
Insurance premiums could rise up to 10 per cent this year, as insurers try to maintain earnings.