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Insurance News for Friday, Jul 4, 2008...


EMC Insurance lowers 2008 annual earnings estimate
Chicago Tribune, United States - 11 hours ago
AP DES MOINES, Iowa - EMC Insurance Group Inc. says Midwest storm losses will reduce its profit for the year. The Des Moines-based property and casualty ...
EMC Insurance Group slashes 2008 outlook CNNMoney.com
EMC Insurance Group Inc. cuts forecast Pittsburgh Tribune-Review
EMC Insurance Group Inc. Revises Guidance as a Result of Record ... Business Wire (press release)
RTT News - StreetInsider.com (subscription)
all 29 news articles


New York Times

Come to DC and wreck your car
Seattle Post Intelligencer - 4 hours ago
A study by Allstate Insurance shows that Washington's drivers are the worst, averaging an accident every 5.4 years. Maybe it has something to do with ...
The Safest Places to Drive New York Times
4 Michigan cities among 10 safest to drive Detroit Free Press
Seattle drivers improve, a little Puget Sound Business Journal ... Bizjournals.com
Northern Colorado Business Report - KSL-TV
all 278 news articles


S&P cuts Triad Guaranty Insurance to junk status
CNNMoney.com - 12 hours ago
Additionally, a higher-than-expected spike in the unemployment rate could lead to more claims for mortgage insurance than S&P anticipates. ...
S&P Cuts Triad Rating to Junk Wall Street Journal
Stocks In Focus For Monday FOXBusiness
all 10 news articles


New York mulls insurance exchange revival
Reuters - 11 hours ago
By Lilla Zuill HAMILTON, Bermuda (Reuters) - New York Insurance Superintendent Eric Dinallo is enlisting experts to examine the possibility of reviving the ...


He wants health insurance for all Americans, but Barack Obama ...
guardian.co.uk, UK - 6 hours ago
Here is a presidential candidate who wants to take the troops out of Iraq and provide health insurance for everyone, and all anyone wants to talk about is ...


China's Ping An Insurance says no need to make provisions for ...
Forbes, NY - 3 hours ago
BEIJING (XFN-ASIA) - Ping An Insurance (Group) Co of China Ltd (SHA 601318; HK 2318), China's second largest insurer, said there is no need to make ...
China's Ping An Insurance denies tax evasion rumor Xinhua
Ping An Insurance Denies Talk of Tax Audit Snags CNBC
Ping An Drops to Record in Shanghai on Tax Concerns (Update2) Bloomberg
Shanghai Daily - Bloomberg
all 28 news articles


Judge urges Eli Lilly to settle Zyprexa lawsuit
The Associated Press - 2 hours ago
INDIANAPOLIS (AP) — A federal judge in New York is urging Eli Lilly and Co. to settle a multibillion-dollar lawsuit filed by insurance companies, ...
Judge urges Lilly to settle Zyprexa cases Indianapolis Star
all 72 news articles


UPDATE 2-Fiserv to sell stake in insurance business for $205 mln
Reuters - Jul 2, 2008
O: Quote, Profile, Research), a provider of IT services and systems to the financial sector, agreed to sell a 51 percent stake in its insurance businesses ...
Fiserv sells majority stake in insurance business Greater Milwaukee Today
Fiserv to sell majority of insurance unit, sets share repurchase Bizjournals.com
Fiserv sells majority stake in insurance business CNNMoney.com
Reuters India - AltAssets
all 56 news articles


National Association of Insurance Commissioners CEO leaves
Bizjournals.com, NC - 9 hours ago
The National Association of Insurance Commissioners said Thursday that Executive Vice President and CEO Catherine Weatherford has resigned effective ...


CNBC

Florida to buy Berkshire Hathaway backup
Bizjournals.com, NC - 11 hours ago
But, if it can't, because of the tumult in the credit markets, all policyholders will get hit with assessments, insurance experts say. ...
CFO Sink criticizes hurricane bond deal WMNF
Buffett's Berkshire Paid to Buy Bonds If Storm Hits (Update1) Bloomberg
Florida to pay $224 mln for Berkshire bond-buy deal Reuters
CNBC - Tampabay.com
all 63 news articles

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