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June 19, 2007
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Why Ignoring Structured Settlements is a Huge Mistake

by John Darer - Jun 19,2007

While structured settlements are familiar to many corporate defendants, insurers and their counsel, some are not using structured settlements or their structured settlement brokers effectively and often enough to achieve the optimal effect on the underwriting bottom-line. What may come ... [full story]

State Farm slates rate cut, citing tort-system savings

by DenverPost.com - Jun 19,2007

State Farm Mutual Automobile Insurance Co., the largest auto insurer in Colorado, on Monday announced it is lowering overall insurance rates by 7.2 percent. The change becomes effective July 16. The insurer estimates that the change will save its Colorado ... [full story]

Cincinnati Insurance Increases Efficiency of Transactions with Its Independent Agencies

by PR Newswire - Jun 19,2007

- Agencies gain ability to upload data to commercial policy systems - CinciBridge(TM) works with Transformation Station, TransactNOW CINCINNATI, June 19 /PRNewswire-FirstCall/ -- Cincinnati Financial Corporation (Nasdaq: CINF - News) -- The Cincinnati Insurance Company announced today that it has ... [full story]

Humana Buying CompBenefits for $360M

by AP Associated Press - Jun 19,2007

Humana Plans to Purchase Dental and Vision Benefits Company CompBenefits for $360M LOUISVILLE, Ky. (AP) -- Humana Inc. announced plans Tuesday to purchase CompBenefits Corp. in a $360 million deal that will expand the health insurer's dental care benefits plans ... [full story]

The California Earthquake Authority (CEA) Describes the Effect of Allstate's Decision to Stop Offering New Homeowners Policies in California

by Business Wire - Jun 19,2007

SACRAMENTO, Calif.--(BUSINESS WIRE)--On May 10, 2007, Allstate Corporation announced that, as of July 1, 2007, it will stop offering new Allstate homeowners insurance and landlord-package insurance policies in California while continuing to provide coverage to and renew existing California homeowners ... [full story]

U.S. to Resume Direct Financial Aid to Palestinians

by Bloomberg.com - Jun 19,2007

June 18 (Bloomberg) -- The U.S. and Europe are restoring direct financial aid to the Palestinian Authority to support the emergency government set up by President Mahmoud Abbas after a violent takeover of the Gaza Strip by the Hamas movement. After ... [full story]

Stewart Title Hires New Branch Manager for San Francisco Office

by Business Wire - Jun 19,2007

Title and Escrow Veteran Completes Bay City Team SAN FRANCISCO--(BUSINESS WIRE)--The San Francisco division of Stewart Title of California, Inc., a wholly-owned subsidiary of Stewart Information Services Corp. (NYSE:STC - News), has hired Steven Rascher as branch manager of its ... [full story]

Countrywide Financial: When CEO Runs For the Hills, Investors Should Worry

by Yahoo Finance - Jun 19,2007

George Gutowski submits: Countrywide Financial Corp. Chairman and CEO Angelo Mozilo (NYSE: CFC - News) has been selling shares like a shipwreck survivor bailing water out of the emergency life boat. Since May 1, he has disposed of approximately 2 ... [full story]

Consumer Survey Identifies Direct Correlation Between Online Banking and Online Shopping

by Business Wire - Jun 19,2007

MODASolutions announces new industry statistics revealing that 50 percent of consumers who shop online also bank online and spend 117 percent more than the average online shopper WILMINGTON, Del.--(BUSINESS WIRE)--MODASolutions, the leading provider of payment solutions that extend online banking ... [full story]

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