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.
California’s Last Nuke Plant Would Be Closed by 2025 Under Deal
California’s last nuclear power plant will close by 2025 under an accord announced this week, ending three decades of safety debates that helped fuel the national anti-nuclear power movement. The state’s largest utility, Pacific Gas & Electric Co., and environmental …
Narragansett Bay Insurance Names Hutchinson Assistant VP, Territory Manager
Narragansett Bay Insurance Co. has named Peter Hutchinson an assistant vice president and Rhode Island and Massachusetts territory manager. Hutchinson will be responsible for partnerships with NBIC’s agents and industry associations, profitable growth, and service delivery in Rhode Island and …
National Interstate Rejects Stock Bid from Great American Insurance
National Interstate Corp., Richfield, Ohio, has rejected a verbal proposal from Great American Insurance Co., a wholly-owned subsidiary of American Financial Group Inc., to pay $30.75 per share of common stock of the company for the outstanding shares of the …
AFG Rebranding to Associated Benefits and Risk Consulting
Greenbay, Wis.-based Associated Bank announced that it will rebrand its Associated Financial Group (AFG) subsidiary to Associated Benefits and Risk Consulting (ABRC). The move follows the February 2015 acquisition and subsequent integration of Ahmann & Martin Co., a risk and …
Cooper Gay Names Prinn as Head of Global Placement
Cooper Gay, the global reinsurance, wholesale and specialty broker, has appointed Jonathan Prinn as head of global placement. He takes up his new role on Sept. 12 and will report to Steve Hearn, group CEO. Prinn brings over two decades …
New Hampshire Woman Withdraws Civil Suit Against Bill Cosby
A 72-year-old New Hampshire woman who says Bill Cosby raped her in 1965 has withdrawn her civil defamation lawsuit against the comedian after a federal judge had allowed the case to move forward. Kristina Ruehli’s lawyer told The Associated Press …
Detroit Crews Fight String of 17 Suspected Arson Fires
Authorities say the Detroit fire department responded to a string of 17 suspected arson fires that burned over a roughly 12-hour period. Chief of Arson Patrick McNulty tells the Detroit Free Press the first fire was reported about 8 p.m. …
Lockton Names Spencer to Succeed Lumelleau as CEO in 2017
Global insurance broker Lockton has chosen insider Glenn A. Spencer as its next president and chief executive officer, effective May 1, 2017. Spencer will succeed John L. Lumelleau, who has led Lockton as president and CEO since 2002 and through …
China’s Fosun to List U.S. Insurer Ironshore ‘As Soon as Possible’: Reuters
Fosun Group, China’s biggest private conglomerate, will list U.S. property and casualty insurer Ironshore Inc “as soon as possible” this year, Guo Guangchang, the company’s billionaire co-founder and chairman told Reuters ahead of a Reuters Newsmaker event in Beijing on …
Britain’s Vote to Leave EU Hikes Concerns over UK Insurers’ Capital Strength
Market falls triggered by Britain’s vote to leave the European Union will hit British insurers’ capital, raising concerns over their ability to pay dividends or hand cash back to investors. New European capital Solvency II rules introduced in January require …