Carinsurancequote.com provides you with up to date information on car insurance. Our resource section will enable you to be informed on auto insurance and make the right choice.
22
07, 2015
Travelers Decided to Pass on Buying Chubb: Fishman
For Travelers Cos.’ dealmaking Chief Executive Officer Jay Fishman, sometimes it’s OK to let one get away. Fishman said Tuesday that he opted against buying Chubb Corp., which agreed to be purchased by Ace Ltd. for more than $28 billion. …
The article Travelers Decided to Pass on Buying Chubb: Fishman appeared first on Insurance Journal.
22
07, 2015
London’s IUA Supports Coordinated, International Approach to Drone Regulation
A coordinated, international approach to the regulation of aviation drones is essential for the technology to thrive, said the International Underwriting Association (IUA), which represents wholesale re/insurance companies in the London market. As a result of rapidly growing interest in …
The article London’s IUA Supports Coordinated, International Approach to Drone Regulation appeared first on Insurance Journal.
21
07, 2015
M City: Where All Cars Are Driverless
A simulated city opened Monday on the north campus of the University of Michigan to test how self-driving cars will travel in the future without mowing down pedestrians or causing colossal crashes. “We had the faculty here at the university …
The article M City: Where All Cars Are Driverless appeared first on Insurance Journal.
22
07, 2015
Allied World Global Markets Appoints Garrison Senior VP, Asia-Pacific
Allied World Assurance Company Holdings, AG announced that Michael Garrison has been appointed Senior Vice President of Asia-Pacific for Allied World Global Markets. He will report to Julian James, President of Allied World Global Markets, and will relocate to Singapore …
The article Allied World Global Markets Appoints Garrison Senior VP, Asia-Pacific appeared first on Insurance Journal.
21
07, 2015
New York’s Utica First to Withdraw From WYO Flood Insurance Program
Utica First Insurance Company in Oriskany, New York, notified its independent agency partners last week that the company will withdraw from the Write Your Own (WYO) Program, a cooperative undertaking of the insurance industry and the Federal Emergency Management Agency’s …
The article New York’s Utica First to Withdraw From WYO Flood Insurance Program appeared first on Insurance Journal.
22
07, 2015
AXA Enters Exclusive Negotiations to Buy Genworth Lifestyle Protection Insurance
Paris-based AXA has entered into exclusive negotiation with Genworth Financial to acquire 100 percent of Genworth Lifestyle Protection Insurance (Genworth LPI), for a total cash consideration of 475 million euros. Genworth LPI is the seventh largest creditor insurance player in …
The article AXA Enters Exclusive Negotiations to Buy Genworth Lifestyle Protection Insurance appeared first on Insurance Journal.
22
07, 2015
AXIS CEO Halts Merger Activities as PartnerRe Seeks to Negotiate with EXOR
AXIS Capital Holdings Ltd. and PartnerRe Ltd. halted preparations for their planned merger after PartnerRe said it is seeking to negotiate with hostile bidder EXOR SpA. “As a result of this latest news, we have decided to suspend all integration-related work and activities,” AXIS …
The article AXIS CEO Halts Merger Activities as PartnerRe Seeks to Negotiate with EXOR appeared first on Insurance Journal.
21
07, 2015
Liberty Int’l Underwriters Names McCarthy Head of Global Crisis Mgmt. Unit
Liberty International Underwriters (LIU), a part of Liberty Mutual Insurance, has appointed Jane McCarthy as global senior vice president of its Global Crisis Management unit which includes kidnap, ransom and extortion; contaminated products; and product recall coverage worldwide. Based in …
The article Liberty Int’l Underwriters Names McCarthy Head of Global Crisis Mgmt. Unit appeared first on Insurance Journal.
21
07, 2015
7 Cars Burned in Lot Near Stadium During Detroit Tigers
A fire at a parking lot near Comerica Park that started during a Detroit Tigers game has destroyed seven vehicles while sending dark smoke billowing into the sky. The Detroit Free Press reports that the fire started around 3:30 p.m. …
The article 7 Cars Burned in Lot Near Stadium During Detroit Tigers appeared first on Insurance Journal.
22
07, 2015
ACE Q2 Profit Climbs in First Earnings Report After Chubb Announcement
ACE Ltd., the insurer that agreed this month to acquire Chubb Corp., said second-quarter profit rose 21 percent as policy sales climbed. Net income increased to $942 million, or $2.86 a share, from $779 million, or $2.28, a year earlier, the …
The article ACE Q2 Profit Climbs in First Earnings Report After Chubb Announcement appeared first on Insurance Journal.