Insurance Today

Auto Insurer Offers Savings On More Than Car Insurance

Feb 9th, 2009 | Category: Insurance Today

(Dow Jones) – Allstate Corp. (ALL) hopes to refashion its good hands image into a helping hand for anxious consumers: Anyone visiting an Allstate Web site can print out a free one-day pass to Sam’s Club, the discount warehouse owned by Wal-Mart Stores Inc. (WMT). The main message “is to demonstrate we are not only helping […]



Esurance Powers Up for World Wildlife Fund’s Earth Hour

Feb 9th, 2009 | Category: Insurance Today

Esurance, the direct-to-consumer personal auto insurance company, announced the second year of its domestic partnership with World Wildlife Fund for Earth Hour. The event urges individuals and businesses to turn off their lights for one hour to raise awareness about the connections between energy use and our environment. This year’s event will take place Saturday, […]



Progressive Medical Appoints Kevin Banion President And COO

Feb 6th, 2009 | Category: Insurance Today

(CompNewsNetwork) – Progressive Medical, Inc. today named Kevin Banion as president and chief operating officer. Founder Dave Bianconi will continue to serve as chief executive officer. The transition will become effective on March 1. Banion, who currently serves as COO, will oversee the company’s direction and daily operations. He will ensure that all strategic plans […]



Teachers’ Insurance Plan of NJ Outranks AIG/21st Century, Liberty Mutual, GEICO and Progressive in S

Feb 5th, 2009 | Category: Insurance Today

Caution! Not all insurance companies are the same when it comes to fixing your car! In a blind survey of 50 New Jersey auto repair facilities performed by USA/Direct, an independent research firm, Teachers’ Insurance Plan of NJ was shown to be superior to AIG/21st Century, Liberty Mutual, GEICO, and Progressive. The survey asked body […]



AIG to sell Canadian life insurance unit

Feb 4th, 2009 | Category: Insurance Today

New York – based American International Group has announced an agreement to sell AIG Life Insurance Co. of Canada to BMO Financial Group. AIG Life of Canada, headquartered in Toronto, Canada, offers various insurance and wealth products, including universal life and term life insurance plans, critical illness plans, permanent plans and immediate annuities.



GEICO dropping rates for 125,000 in Hawaii

Feb 4th, 2009 | Category: Insurance Today

GEICO is lowering rates an average 6 percent for more than 125,000 Hawaii policyholders beginning on Feb. 1. The rates affect new customers and current policyholders renewing after March 16 and comes as local residents find ways to reduce spending in a severe economic downturn.



The Hartford Encourages Drivers To ‘Keep Life Uninterrupted’ And Review Their Auto Insurance Policy

Feb 4th, 2009 | Category: Insurance Today

(BUSINESS WIRE) – Another risk of a faltering economy may be an increase in the number of drivers who travel American highways and byways without adequate auto insurance. Falling housing prices, rising unemployment and turmoil in the financial markets have hit consumers hard, and some may be cutting costs on protection on the road. As […]



Travelers Urges Drivers to Review Insurance Coverage in Wake of Troubling Industry Report

Feb 3rd, 2009 | Category: Insurance Today

(BUSINESS WIRE) – The Insurance Research Council (IRC) recently reported that by the year 2010, nearly one in six drivers across the United States will be driving without auto insurance. Travelers (NYSE: TRV) is reminding consumers that dropping auto insurance coverage is illegal in most every state and could mean financial disaster for families. The company […]



Farmers Insurance Receives ‘Corporate Citizen of the Year’ Award From Olathe, Kansas Chamber of Commerce

Feb 3rd, 2009 | Category: Insurance Today

(PRNewswire) – The Olathe, Kansas Chamber of Commerce has awarded the prestigious “Corporate Citizen of the Year” award to Farmers Insurance Group of Companies®. Vince Donofrio, Vice President, HelpPoint Operations, Rod Johnson, Vice President of ServicePoint Operations and Rob Koch, Director of the National Property Claims Operations accepted the special award from Olathe Chamber of […]



North Carolina Arrests Seventh Suspect in Alleged Car Insurance Scam

Jan 30th, 2009 | Category: Insurance Today

(NCDOI) – North Carolina Insurance Commissioner Wayne Goodwin reported the arrest this week of another Eastern North Carolina resident for his part in what Department of Insurance of investigators are calling an auto insurance fraud ring that staged accidents for more than four years and stole more than $100,000 in phony insurance payments.