Insurance stocks were the worst hit as tremors from the Christchurch quake extended to the stock exchange today, despite confidence re-insurance covenants would cover the cost of claims. New Zealand’s largest listed general insurer, Tower, recorded the largest decline, with shares last trading at $1.84, down 7c from Friday’s close. Early in the trading session, Tower went as low as $1.75. read ...

Taiwan Will Let Insurers Buy China Real Estate, Commercial Times Reports

Taiwan’s government may start to let insurance companies buy properties in China, the Commercial Times reported, without saying where it got the information. Representatives from insurers may discuss the issue with Financial Supervisory Commission Chairman Chen Yuh Chang in a meeting on Sept. 10, the newspaper said.

Real estate transactions

RETAIL: DWK Family Partnership has purchased a 10,400-square-foot building at 11525 W. Airport Rd. as the site of a Kelley's Country Cookin' Restaurant. Mark and Patrick Wimberly of Houston Commercial Development represented the buyer.

Local Insurance Market Remains Largely Untapped

KUALA LUMPUR, Sept 6 (Bernama) -- Malaysia's insurance market remains largely untapped with the average sum assured being less than RM50,000.

Dream home becomes nightmare

A new dream home in Victoria's central highlands became a nightmare for a Creswick woman when floodwaters gushed through her front door.

Your first car's tie to Christianity

Do you remember your first car? Was it something special, perhaps a gift from a parent or grandparent? Was it your pride and joy - reliable and economical - which you kept in top mechanical shape and gleaming with a regular coat of wax?

Lujiazui Breakfast: Insurance, Autos, Share Sales

News and views from China's main financial district in Shanghai.

Fire destroys Sunnyvale home, kills two dogs of determined family

A fast-moving fire destroyed a Sunnyvale home Saturday, killed two dogs and left homeless a family that, through grit and determination, had only stitched itself together a year ago.

Mayor: Leesville Fire Protection Rating at Risk

LEESVILLE, La. (AP) - Leesville officials say one of the city's fire pumps is broken, the other was shut down after it burst a 12-inch pipe, and 17 hydrants need repairs or replacement. Mayor Robert Rose says that puts the city's fire insurance rating at risk. That, in turn, could mean higher premiums for home insurance. Rose, who took office about two months ago, says the pumps are needed ...

Insurance deputy embraces challenge

Quick, clipped speech and a brash manner betray his New York roots. Never mind that. Bill Kenny is a committed West Virginian. Newly 64, he arrived in Charleston as a college student and stayed on to make a name for himself in the corporate world and in ci...

Motor insurance: Who looks out for us?

I WAS involved in a bad car accident in December last year. Fortunately, I came out of the accident unscathed.

IAG reaffirms earnings guidance

Insurance Australia Group expects claims from the New Zealand earthquake to be "entirely covered" by reinsurance arrangements and reaffirmed earnings guidance for the current year.

Has Your Child Got Over GBP 300 in Their School Bag?

MANCHESTER, UNITED KINGDOM-- (Marketwire - Sept. 5, 2010) - Mobile Phones, Ipods, Laptops and Football Boots - the Modern Day Kid's School Bag is Not Only Crammed With Books and Pens, but Also With Pricey Possessions Adding Up to as Much as £300 According to Swinton Home Insurance.

September Sees Increase in Car Insurance Claims as Kids go Back to School

MANCHESTER, UNITED KINGDOM--(Marketwire - 09/05/10) - The new school term will see an increase in claims according to Swinton Insurance, the UKs leading high street retailer of car insurance. This time last year Swinton had 8% more motor claims calls in September compared with August and it is anticipating the same this year. As the roads become busier in the first few weeks of September and ...

September Sees Increase in Car Insurance Claims as Kids go Back to School

MANCHESTER, UNITED KINGDOM--(Marketwire - 09/05/10) - The new school term will see an increase in claims according to Swinton Insurance, the UKs leading high street retailer of car insurance. This time last year Swinton had 8% more motor claims calls in September compared with August and it is anticipating the same this year. As the roads become busier in the first few weeks of September and ...

Swinton Commercial Warns Van Drivers About 'Crash For Cash' Hotspots

GLASGOW, UNITED KINGDOM--(Marketwire - 09/05/10) - Swinton Commercial is warning van drivers and fleet managers to be aware of 'crash for cash' scams after the Insurance Fraud Bureau identified the top 20 hotspots for these incidents. The van insurance retailer surveyed 1,200 online customers and found that 11% believed they might have been a victim of a 'crash for cash' scam. The scam involves ...

Chch workers advised to stay home from work today

Many Christchurch city workers are being advised to stay home and secure their own properties rather than attempt to go to work today

UK car insurance premiums jump 31 pct - AA

LONDON, Sep 4 (Reuters) The cost of car insurance in Britain has risen by almost a third in the past year, its biggest ever increase, as insurers seek to offset a sharp rise in claims expenses driven in part by fraud, AA Insurance said.

UK car insurance premiums jump 31 pct - AA

LONDON, Sep 4 (Reuters) The cost of car insurance in Britain has risen by almost a third in the past year, its biggest ever increase, as insurers seek to offset a sharp rise in claims expenses driven in part by fraud, AA Insurance said.

Financial Woes Affecting Life Insurance

SAN FRANCISCO (KCBS) _ A new survey has found that millions of Americans are having a difficult time doing what they can to protect their family, as more than 35 million households are without life insurance. Robert Kerzner, president of the insurance industry-funded research firm LIMRA said that’s nearly a third of all households. And [...]

Insurance changes kick in Sept. 23

Millions of Ohioans could benefit from new health-care regulations kicking in this month, starting with a requirement that insurance companies cover immunizations, cancer screenings and other preventative services for free.

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Americans can gain additional security with life insurance products

September marks the seventh annual Life Insurance Awareness Month, designed to raise awareness and educate consumers about the importance of life insurance coverage and the financial services representatives who are trained to help consumers meet their needs. Life insurance organizations and their representatives observe the occasion by providing information and activities regarding the role of ...

Put the brakes on bills for car cover

CAR drivers are facing soaring premiums, as the motor insurance industry wrestles with big losses for the 14th year in a row. The pain will be exacerbated as best-buy websites

Insurance companies preparing for Canterbury claims

Insurance companies are gearing up to deal with the cost of the worst natural disaster the country has seen in decades

Insurance companies preparing for Canterbury claims

Insurance companies are gearing up to deal with the cost of the worst natural disaster the country has seen in decades

Insurance group Standard Life to axe 600 jobs in major overhaul

Target of £100m cost savings to be reached by 2011 Insurance and pensions group Standard Life is to cut 600 jobs over the next 15 months as part of a major overhaul of the business. The Edinburgh-based insurer's new chief executive David Nish, who took over from Sir Sandy Crombie in January, is wielding the axe to streamline operations and shift the group's focus to long-term savings products ...

Insurance group Standard Life to axe 600 jobs in major overhaul

Target of £100m cost savings to be reached by 2011 Insurance and pensions group Standard Life is to cut 600 jobs over the next 15 months as part of a major overhaul of the business. The Edinburgh-based insurer's new chief executive David Nish, who took over from Sir Sandy Crombie in January, is wielding the axe to streamline operations and shift the group's focus to long-term savings products ...

Commercial real estate: JP Morgan Chase buys site on Cape Coral Parkway

A 0.83-acre site on Cape Coral Parkway adjacent to the Camelot Shopping Center was sold by the Federal Deposit Insurance Corp.

Health insurance options for those with preexisting condition

It may take searching, and premiums may be higher, but for some patients, choices are available. Amy Reiley had resigned herself to joining the ranks of the uninsured. The part-time L.A. resident and owner of a boutique cookbook publishing company had a group insurance plan that for three years covered her and another full-time employee.

Insurance firm director caught gambling

The director of a leading insurance firm Bao Viet was caught gambling Saturday, police confirmed Monday.

Insurance, church thefts alleged

A former insurance agent and church treasurer in Fairfield County has been charged with grand theft and receiving stolen property, accused of fleecing his clients and his church.

Decline in ownership of life insurance

This week an insurance research firm reported that ownership in life insurance has reached a 50-year low, with nearly a third of U.S. households not having a form of this financial protection. As the benefits industry begins Life Insurance Awareness Month in September, Unum (NYSE: UNM) shares the concern that this decline exposes working Americans to financial uncertainty.

New Jersey’s health insurance programs for poor children still are not reaching all the kids who need it

New Jersey's health insurance programs for poor children still are not reaching all the kids who ought to benefit, a new analysis shows, and 150,000 children under age 18 in the state remain uninsured.

York insurance brokerage ‘desperate’ for workers

THE boss of a growing York insurance brokerage says that, despite rising unemployment, young people are failing to knock on his door looking for work.

Car insurance premiums at record highs

Price comparison websites blamed for encouraging car insurance fraud which has pushed up insurance premiums.

Life insurance FYI for 'Generation Y'

(ARA) - If you were born between 1979 and 1994, you may have heard yourself described as part of "Generation Y." Characteristics that define your generation include a tendency to be independent, opinionated and well informed - good qualities to be sure.

Car insurance premiums jump 31 percent

The cost of car insurance has risen by almost a third in the past year its biggest ever increase as insurers seek to offset a sharp rise in claims expenses driven in part by fraud AA Insurance said.

Insurance rates set to triple

Homeowners beware - flood insurance rates are set to triple after Dec. 17. Recent updates to area flood maps means that some residents may now be living in flood zones, which could cause residents to pay higher flood insurance premiums.

Home Emergency Insurance Solutions to Offer Water Service Line Protection Plan to Select Homeowners in California

Home Emergency Insurance Solutions, a leading provider of home emergency repair programs with hundreds of thousands of policies in place, is doing their share to keep homeowners protected.