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Road Safety Minister to change law on uninsured vehicles
The owners of a million uninsured cars face having their vehicles seized and crushed under a crackdown to be announced this week by ministers.
Mike...
Homes with number 243 are source of most home insurance claims
People with the house number 243 have made more claims on their home insurance than those with any other door number, with 45 per...
AIG is getting a bit more leverage
American International Group Inc., once perceived as a forced seller, has a bit more leverage these days as it has worked through most of...
German Itzehoer acquires Admiral Direkt to boost presence online
Admiral has announced that they have sold the groups German counterpart, Admiral Direkt, to Itzehoer Versicherung for an undisclosed sum of money.
The group claims that...
A recent study shows that car insurance shoppers prefer to deal with agents (U.S.)
In a sample of the US market, CoverHound.com determined that car insurance shoppers prefer to work with local agents over direct carriers when buying...
Maurice R. Greenberg’s questions about AIG bailout
Maurice R. Greenburg, the man who built AIG from an obscure corporation to the world's largest insurance company, has an important oped in today's...
Advertisement campaign : John Prescott stars in a new advert for Moneysupermarket.com
The former Deputy Prime Minister punches out his frustration on a punching bag on a well recognized movie theme, before he is interrupted by...
Munich Re warns on climate change
The number of weather-related natural disasters soared last year, providing "further evidence of advancing climate change", according to a major report from reinsurer Munich...
Acquisition : Windsor Health Group successfully acquired by Munich Re Health North America
Munich Re, through its subsidiary Munich Health North America, Inc., has successfully concluded the acquisition of US Medicare provider Windsor Health Group, Inc. (Windsor)...
Hastings chose CRIF to support its counter fraud strategy
Hastings Insurance Services has joined the expanding insurance community serviced by CRIF Decision Solutions Ltd (CRIF), selecting CRIF to support its counter fraud strategy...
Pay as you drive car insurance is interesting for New York City
It could reduce driving statewide by more than eleven percent, put money in the pocket of two-thirds of the state’s motorists and put little...
Berkshire Hathaway moved to expand its underwriting of the oil and gas industry
Berkshire Hathaway moved to expand its underwriting of the oil and gas industry Wednesday as part of a new agreement with Willis Group Holdings.
Willis,...
Flood insurance : fine print is considered unfair
People whose insurance companies knock back their claims for flood damage are being advised to challenge the ‘‘unfair’’ fine print in their contracts.
A lawyer...
Stephen Bayley to chair the Brit Insurance Design Awards in 2011
We are delighted to announce that prominent design commentator and one of the founders of the Design Museum, Stephen Bayley, is to chair the...
Alternate proposal for AIG’s Nan Shan Life
American International Group's protracted sale of its Taiwan unit was further complicated on Tuesday when a Taiwanese company proposed buying a stake in the...
Peter Cullum has been awarded a CBE
This is in recognition of Peter’s contribution to business, entrepreneurship and charitable causes, and recognises the work that all the people at Towergate have...
Swiss Re has entered into a transaction with Successor X
Swiss Re has entered into a transaction with Successor X Ltd. ("Successor X") to receive up to USD 170 million of payments in the...
Pacifica, Generali, Aviva, Thélem assurances and Sogessur decide to study possible pooling in procurement relating to management of non-life insurance claims
Pacifica, Generali France, Aviva France, Thélem assurances and Sogessur today signed a letter of intent with a view to studying possible pooling in procurement...
Insurance Fraud Bureau appoints LV= fraud consultant on secondment
The IFB today announced that Chris Lovett, a consultant from the LV= Financial Crime Unit, who has been with the company for three years,...
DUAL expands geographical capability and moves to South Africa and Switzerland
Specialist underwriting agency DUAL Corporate Risks has received authorisation from Lloyd's to underwrite business domiciled in South Africa and Switzerland on a direct basis...
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