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February 25, 2010
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A Tough Week for Health Insurance Companies

by - Feb 25,2010

I got a call the other day from my friendly health insurance provider, Anthem Blue Cross, just checking in to see if I was due for a colonoscopy. Wasn't that thoughtful? For the record, I am not due ... [full story]

Allianz Plans Organic Growth and Explore Mergers/Aquisitions

by Dow Jones - Feb 25,2010

MUNICH (Dow Jones) (Insurance News) -- Allianz SE (ALV.XE), Europe's largest insurer by gross premiums, primarily plans to grow organically, but will also examine options for mergers and acquisitions as they arise, Chief Executive Officer Michael Diekmann said Thursday. ... [full story]

Life and Health Earnings Surge Boosts Allianz's 2009 Profit

by Insurance Headlines - Feb 25,2010

MUNICH, Germany, Feb 25, 2010 (A. M. Best via COMTEX) (Insurance News) -- Allianz S.E. reported a surge in life and health insurance income for 2009, enough to overcome a drop in property and casualty earnings to give the multiline ... [full story]

Charges Filed in Katrina Inquiry

by The New York Times - Feb 25,2010

NEW ORLEANS — On Sept. 4, 2005, with floodwaters of Hurricane Katrina still standing in much of the city, Lt. Michael J. Lohman of the New Orleans Police Department arrived at the Danziger Bridge in eastern New Orleans. A group ... [full story]

USAA's Battle Plan

by Business Week - Feb 25,2010

When Staff Sergeant Corey Mason wants to deposit a check, he doesn't use an ATM, a teller at a branch, or even a stamped envelope and deposit slip. Rather, the 37-year-old GPS systems specialist takes a picture of the check ... [full story]

Bills would allow property insurers to raise rates in Florida

by South Florida Sun-Sentinel - Feb 25,2010

Edsel Hulse, a veteran who lives in Hollywood, said he's expecting his Citizens Property Insurance Corp. windstorm insurance policy premium to increase this year because state legislators in 2009 approved allowing the insurer to boost premiums by up to 10 ... [full story]

U.S. commercial insurance market stable

by Insurance Headlines - Feb 25,2010

The outlook for the U.S. commercial insurance market is stable despite soft market conditions, loss reserve releases that are less favorable and a shrinking economy, A.M. Best Co. Inc. said in a Tuesday report. In its assessment of the commercial lines ... [full story]

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