Pushed up by limited capacity, U.S. property-catastrophe reinsurance rates for April 1 renewals had increases up to 14 percent for national programs on a risk adjusted basis, a reinsurance brokerage reported. Guy Carpenter said reinsurers’ capital has been crimped by investment ... [full story]

The Consumer Price Index for auto insurance continued to climb along with costs for vehicle bodywork, according to the latest U.S. Department of Labor figures released today. According to the numbers reported by Insurance Information Institute, as of March the cost ... [full story]

The bank bailout, though unpopular, was necessary to stave off economic collapse. But its downside has been the rush of industries, from auto parts suppliers to life insurers, trying to get in on the action. This poses the inevitable question: ... [full story]

As some companies begin eliminating or playing down the significance of annual mileage as a rating factor, a new study reports a “strong correlation” between miles driven and auto insurance claim costs. Quality Planning, a unit of Jersey City, N.J.-based Insurance ... [full story]

COLUMBUS, Ga., /PRNewswire/ -- Aflac today announced it is launching a new integrated marketing campaign. The marketing effort positions Aflac products as essential components of Americans' financial security plans during uncertain economic times. The multi-faceted campaign combines a new tagline, We've ... [full story]

COLUMBUS, Ga., April 13 /PRNewswire/ -- Aflac today was named to the Ethisphere Institute's annual list of World's Most Ethical Companies. This marks the third consecutive year Aflac has been included on the prestigious list. "At Aflac we place a ... [full story]

As many as 56 percent of deadly vehicle crashes involve one or more unsafe driving behaviors typically associated with aggressive driving, according to a new analysis released April 21 by the AAA Foundation for Traffic Safety. The analysis of National ... [full story]

NEW YORK (AFP) — American International Group, the insurance giant surviving on US government aid, said Thursday it had sold its US auto insurance business to Zurich Financial Services for 1.9 billion dollars. AIG said in a statement that Swiss-based Zurich ... [full story]

WASHINGTON, April 16 /PRNewswire-USNewswire/ -- Consumer advocates observed today that Allstate Insurance Company wants to take insurance regulation away from the states, as argued today by CEO Tom Davis in a New York Times opinion piece, because state regulators have ... [full story]

Despite continued increases in loss costs, the private passenger auto insurance industry should continue to remain profitable, benefiting from the weak economy, a financial analyst said. Using data supplied by the Insurance Services Office Inc., Meyer Shields of Stifel Nicolaus in ... [full story]