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March 23, 2010
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Bank-regulation bill headed for Senate fight

by Philly.com - Mar 23,2010

WASHINGTON (Insurance Headlines) - Republicans abandoned their effort to alter Wall Street regulatory legislation in a key Senate committee yesterday, leaving the fight for the full Senate, and clouding prospects for a bipartisan bill. Republicans had offered more than 300 amendments ... [full story]

Report: N.C. auto insurance eighth-lowest in price

by Charlotte Biz Journal - Mar 23,2010

North Carolina drivers pay an average of $591.11 each year for auto insurance, the eighth-lowest rate in the country and the lowest in the South. North Dakota has the nation’s lowest insurance cost, at $511.79 per year, according to ... [full story]

ING Lowers Rates and Updates Term Life Insurance Products

by Insurance Headlines - Mar 23,2010

Lowers term life insurance rates, adds 25-year level option, expands issue ages and more MINNEAPOLIS, March 22 /PRNewswire-FirstCall/ -- The ING Life Companies, already a leading provider of term life insurance in the United States, have lowered much of ... [full story]

Buyers scrutinize insurers beyond ratings

by Crain Communications - Mar 23,2010

Awareness of insurers' financial strength has risen among company executives, but buyers are limited in what they can do and many still rely on their brokers for information on insurers' exposures, risk managers say. But some buyers are building ... [full story]

Greenberg to sell most remaining AIG shares

by BusinessInsurance.com - Mar 23,2010

NEW YORK-- Former American International Group Inc. Chairman and CEO Maurice R. Greenberg plans to sell most of his remaining shares in the insurer to Swiss bank UBS A.G. for at least $278 million. Mr. Greenberg’s investment vehicle, Zug, ... [full story]

Health care reform package goes to Senate

by BusinessInsurance.com - Mar 23,2010

WASHINGTON—President Barack Obama on Tuesday is expected to sign a health care reform bill, which was passed by the House of Representatives on Sunday night, while the Senate this week will take up a second reform bill approved by the ... [full story]

New rules proposed for financial sector

by BusinessInsurance.com - Mar 23,2010

WASHINGTON—Insurance industry representatives had mixed reactions last week to the latest Senate financial services regulatory overhaul legislation, applauding some changes but vowing to seek further modifications to distance insurers from some of the proposed regulations. Senate Banking, Housing and Urban Affairs ... [full story]

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