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Fla. denies claim for insurance rate boost - Florida insurance regulators Monday rejected State Farm's request to boost rates by an average of 47.1 percent on its homeowners policies in the state.The Office of Insurance Regulation said State Farm failed to provide appropriate support for the rate increase it requested in July. Insurance / Perspectives Generating pre-tax profits of US$350m in 2007, HSBC's insurance business in Latin America has become more important to the London-based firm's operations in the region, contributing 16% of the US$2.18bn in earnings before tax made by the HSBC group in Latin America last year. Darwin to Purchase Great American's Lawyers Professional Liability Business Darwin Professional Underwriters, Inc. and Great American Insurance Company today announced an agreement whereby Darwin will acquire renewal rights to Great American's roughly $20 million of small, standard market Lawyers Professional Liability insurance business and related assets. Labor, business square off A clash between Colorado labor and business is headed for the ballot box, leaving the fate of both camps in the hands of voters who already have plenty of decisions to make at the polls. Fried okra, anyone? Ok. It is none of our business but . . . we can't resist. Alabama is getting tough with state workers who are too fat. Beginning in 2010, state employees who are obese and don't work on getting fit will have to pay $25 a month for insurance that is free to other workers. Insurance firm posts 45pc growth MANAMA: Insurance group RSA saw its Middle East business grow by 45 per cent in the first half of the year. "RSA has had much to celebrate in the first six months of the year," said RSA chief executive officer, Asia and Middle East, Scott Pickering. The business of selling sleep How much would you pay for a nap? For entrepreneur Nicholas Ronco, that's a million-dollar question, with the fate of his 18-month-old business hanging on the answer. National Business Banking and insurance group Suncorp Metway said it would reduce staff numbers but declined to give specific numbers. It is the second big ASX-listed company to announce job cuts today, following media group Fairfax’s decision to slash 550 jobs from its operations. UPI NewsTrack Business U.S. stocks plunge on worrisome dayNEW YORK, Aug. 25 UPI -- Jittery U.S. stock indexes took a day-long plunge Monday amid worries over a disappointing housing report and other downbeat data.The Dow Jones industrial average tumbled 241.73 points, or 2.1 percent, to close at 11,386.33. All 30 of its components ended lower, led by a 5.5 percent slide in American International Group shares.Nasdaq ... Protecting Your Business With Life Insurance By: Douglas R. Burns, Jr. Most business owners would agree that the primary factors behind a business' success are the owners' and key employees' talents and hard work. Kingsway sells York insurance unit for $50-million Quebec company La Capitale buys unit from specialty insurance holding company Business helps clean up after disaster, crime While the thought of walking into a horrific crime scene puts off the average person, Robert Grose Jr. can't wait. Three Alternatives To Cobra Insurance Coverage Three Alternatives To Cobra Insurance Coverage Marshall Loeb's Daily Money Tip: Three alternatives to Cobra insurance coverage If you’ve recently lost your job, or are soon to be unemployed, you’re going to want to know what your health insurance options are. One option you may qualify for is Cobra, the federal law that allows you to temporarily continue your employer-sponsored health plan, usually in the event of some form of layoff. I-Team: Veteran Teacher Retires to Keep Health Insurance As thousands of students head back to class, they will find that hundreds of in-demand, veteran teachers have left. More than 600 of the most experienced teachers in Clark County retired this year, choosing to leave because of a change in the state health insurance plan. Jonathan Humbert has one teacher's story at 5 & 6. Bus's insurance company asked to pay for funerals, bills Attorneys for survivors of those killed or injured in a charter bus crash earlier this month near Sherman have asked the operator's insurance company to help pay for funeral and medical expenses. Five Ways to Cut Auto Insurance Costs this Summer - With gas prices expected to remain high this summer, it makes sense to save as much as possible on other vehicle-related expenses, such as insurance. Euro Falls for 3rd Day Before German Business Confidence Report Aug. 26 -- The euro fell for a third day against the dollar on speculation a report today will show business confidence in Germany slumped to a three-year low. Nationwide Insurance Honored for IT Management Excellence MIAMISBURG, Ohio----Teradata Corporation , the global leader in enterprise data warehousing, today announced that its customer, Nationwide Mutual Insurance Company, was recognized for its "Best Practices in Infrastructure Management" at Computerworld's annual awards program. Takaful House sets up Islamic insurance 26 August 2008 DUBAI -- Takaful House Takaful House will be providing services in Takaful Islamic insurance, whose worldwide contributions are set to hit Dh25.71 billion $7 billion by 2010, beginning next month, bringing to seven the number of companies operating in this segment in the Middle East. German Business Confidence May Fall to Three-Year Low in August Aug. 26 -- German business confidence probably fell to a three-year low in August as a recession loomed, a survey of economists shows. The Ifo institute's business climate index declined to 97.2 from 97.5 in July, according to the median of 35 forecasts in a Bloomberg News survey . That would be the weakest reading since September 2005. Ifo will release the report, based on a survey ... Century Insurance awarded $170K Century Insurance Co. Ltd. was awarded $170,960.49 Monday stemming from a 10-year-old lawsuit over the construction of Tinian High School. |