The Hartford Financial Services Group, Inc. has signed a definitive agreement to sell its non-standard property and casualty subsidiary, Omni Insurance Group, to Independent Insurance Investments, Inc. (4i’s), a portfolio company of Inverness Partners II, for approximately $100 million. “The …
Connecticut’s efforts to boost the state’s insurance and financial sector has received some help from $2.7 million federal training grant. The President’s High-Growth Job Training Initiative awarded $2.748 million to a Connecticut partnership that will create “IFS University” that is …
An insurance company’s inspection of a Gulf Coast couple’s home after Hurricane Katrina was a sham because the insurer had already decided to deny their claim, an attorney said during Monday’s session in the landmark trial in Gulfport, Miss. Duane …
The American Insurance Association (AIA) today said recent comments by Washington Insurance Commissioner Mike Kreidler about insurer use of credit are off-the-mark and ignore established consensus on the issue. “Commissioner Kreidler’s latest comments are the continuation of his distinct efforts …
Federal aviation officials launched an investigation Monday into the cause of this weekend’s deadly plane crash in Oregon, which killed a pilot who had just taken off from the Hillsboro Air Show when his single-engine jet nosedived into a quiet …
Approximately 43 percent of the reported 6.7 million California residents that qualify for government-sponsored health insurance aren’t signed up, according to statewide studies. Upon discovering this information, the Foundation for Health Coverage Education, following a review of numerous programs, has …
Tropical Storm Beryl was moving slowly to the north and was not intensifying at 11 p.m. est, according to the National Hurricane Center. Initial intensity has kept from 35 to 40 mph, however NHC predicted a chance of some strengthening …
During the first six months of 2006, the Idaho Department of Insurance handled 496 written consumer complaints related to insurance companies, and assisted consumers in recovering more than $767,000 in insurance premiums, claim payments and fees owed them by insurance …
OKEMOS, MI – NetRate Systems has successfully partnered with Commerce West Insurance Company to enable Commerce West to implement rate/ quote/ issue of Personal Auto policies. The process utilizes a NetRate Systems rating engine behind NetRate’s browser-enabled user interface. Using …
Colorado Casualty, a member of Liberty Mutual Group, is helping its 14,000 homeowner insurance policyholders and homeowners throughout the West and Southwestern states protect their families and homes during wildfire season. A six-page Disaster Planning Guide is available to consumers …