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July 2006
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RBC Insurance Merges Liberty Life Insurance Company and Business Men's Assurance Company of America

by PR Newswire - Jul 03,2006

Move Consolidates RBC's U.S. Life Insurance Operations GREENVILLE, S.C., July 3 /PRNewswire/ -- RBC Insurance has merged Liberty Life Insurance Company and Business Men's Assurance Company of America (BMA), its core U.S. insurance businesses, and consolidated its marketing brands. The move ... [full story]

SBI Life Insurance aims at 100% growth

by - Jul 03,2006

SBI Life Insurance is looking at 100 per cent growth by March 31, 2007 reports Economic Times. The company also notched up a 78% growth in its total premium at Rs 1075 crore for the Financial Year 2005-O6 and is ... [full story]

Surveying the million-dollar lifestyle

by South Florida Sun-Sentinel - Jul 03,2006

Do you ever wonder who lives within the walls of the luxury homes that dot so many communities in South Florida? So do the people at Coldwell Banker Residential Real Estate Inc. Coldwell Banker Previews International, the luxury arm of the ... [full story]

JPMorgan Chase Completes Sale of Insurance Underwriting Business to Protective Life

by Business Wire - Jul 03,2006

CHICAGO--(BUSINESS WIRE)--July 3, 2006--JPMorgan Chase & Co. (NYSE:JPM) announced today it has completed the sale of its life insurance and annuity underwriting business to Protective Life Corporation (NYSE:PL). Chase will continue to meet customers' insurance and annuity needs through select ... [full story]

Coverage & Access | New Web Site Provides Health Insurance Information for Consumers

by - Jul 03,2006

The National Association of Insurance Commissioners has launched a new Web Site -- -- that provides consumers with information on health insurance organized by four life stages, the Richmond Times-Dispatch reports. Alessandro Iuppa, president of NAIC and superintendent of ... [full story]

A Sickly Compromise for German Healthcare Reform

by Spiegel Online - Jul 04,2006

Like so many ageing Western societies, Germany has struggled with surging healthcare costs in recent years. But instead of coming up with a grand reform to the healthcare system, the government in Berlin has agreed to a sickly compromise. Gesundheit. The ... [full story]

Seeking change of heart

by - Jul 04,2006

NY lawmaker urges Allstate to rethink its withdrawal from new homeowner policies and some renewals Sen. Hillary Rodham Clinton has called on Allstate to reconsider its policy adopted earlier this year to stop offering homeowners insurance to consumers living in coastal ... [full story]

Motor club options for a smooth journey

by CourierPostOnline - Jul 04,2006

Motor clubs such as AAA used to be a driver's only option when a car broke down and needed rescue on the road. With its 49 million members, Automobile Association of America is still a giant in the industry, providing ... [full story]

Electric Insurance Names Marc Meiches New CEO

by Insurance Networking News - Jul 05,2006

Beverlyy, Mass. - Electric Insurance Co. has named Marc A. Meiches, 53, president and chief executive officer. Meiches succeeds Larry Cohen who has been acting CEO since April 2005. Meiches comes to Electric Insurance from GE Insurance Solutions (GEIS) where he ... [full story]

Sector Snap: Airline Shares Fall

by - Jul 05,2006

NEW YORK (AP) - Many airline stocks fell in midday trading Wednesday, as oil prices rebounded above $74 per barrel. Airline stocks are particularly sensitive to oil prices, as jet fuel is among their top costs. A barrel of oil gained ... [full story]

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