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Insurance deals head for best year since merger boom
Insurance takeovers are headed for the biggest year since the peak of the last merger boom, as financial-services firms from Bank of America to Aegon NV of the Netherlands jettison assets.

Insurance regulatory body set up in Tibet
Tibet's Insurance Regulatory Commission was inaugurated in Lhasa Saturday amid rapid development of the insurance industry in the southwestern Chinese plateau region.

Insurance rates set to triple
Homeowners beware - flood insurance rates are set to triple after Dec. 17. Recent updates to area flood maps means that some residents may now be living in flood zones, which could cause residents to pay higher flood insurance premiums.

Insurance industry to put Yichun plane crash claims on fast track
The insurance industry launched an emergency green channel in order to rapidly settle claims resulting from the Yichun plane crash, according to the China Insurance Regulator Commission.

Insurance Suit Ends With $14 Million Settlement
After six years and a circuitous route through state and federal courts, a class action claiming that interrelated insurance companies illegally raised health policy premiums on small-group policyholders has settled for more than $14.6 million. "There are going to be substantial refunds for the folks who bought these policies," said one of the lead attorneys. "This is not one of those ...

Insurance Rates On Gulf Coast Skyrocketed After Katrina
Mississippi Gulf Coast residents struggled to rebuild with the skyrocketing insurance costs in the wake of Hurricane Katrina.

Insurance woes remain post-Katrina priority problem
BAY ST. LOUIS, MS (WLOX) - Five years after Katrina, the lack of affordable insurance remains the biggest problem slowing our recovery.

Property Insurance Assessments Sitting Unclaimed
BATON ROUGE, La. (AP) - More than $275 million in special assessments for Louisiana property insurance policyholders have not been reclaimed. And if they don't act before the year is over, more than half that total will disappear. The assessments were imposed on private polices over the past four years to help keep Louisi 0849 AP-APTN-14ty Insurance Corp. solvent. Citizens is the state's ...

Insurance Australia Targets Return to Profit in U.K. After Earnings Slump
Insurance Australia Group Ltd. , the Sydney-based insurer formed in 1925, plans to return to profit in the U.K. this fiscal year after rising claims at the unit dragged down group earnings.

Will Insurance Agents Be First Victims of Health Reform?
Insurance agents and brokers are among those who may be squeezed out of their jobs when the new health care reforms kick in