11/29/2008 News For: Bakery Liability InsuranceTerror insurance premium to rise With terror attack claims likely to wipe out over 70 per cent of the Rs 700-crore terror pool, insurers are expected to chip in with additional funds to replenish the corpus and raise the premium paid for terrorism insurance. National Insurance foresees dip in motor insurance business The state-run National Insurance Company is apprehensive of a 1-2 percent drop in its motor insurance business from the ongoing month due to the economic slowdown, a top official of the company said Saturday. Losses major factor in setting insurance costs The recent article on higher homeowners insurance rates in Alabama compares our average rate increase over the past five years with the national average. However, the article fails to compare losses in Alabama over the same past five years with the national average losses. Insurance companies pay settlements over claims investigations Two insurance companies have settled with the Nebraska Department of Insurance after the agency investigated consumer complaints. Conseco Health Insurance Co. agreed in October to pay a $25,000 fine and cooperate with the department on future complaints. Celina Insurance Group to celebrate 50 years of business with Scharer Insurance CELINA - Celina Insurance Group recently announced it will celebrate 50 years of doing business with the Scharer Insurance Agency of Marion. Crop seminars cover marketing, insurance The South Dakota Corn Growers Association, South Dakota Corn Utilization Council and Farm Credit Services of America is offerering a series of seminars on crop marketing, estate planning and crop insurance. The seminars will be repeated six times in separate cities. The schedule is: Monday - Aberdeen Best Western Ramkota, noon; Watertown Event Center, 6 p.m. Small businesses get health-insurance options An accessible and affordable health-insurance option for small business owners has been a recurring challenge for Steve Holt in his tenure as president of the Shoals Chamber of Commerce."I've been hearing it every week from our members for years," he said. Navigators names professional liability leader NEW YORKâThe Navigators Group Inc. has named Reina Gregorio as president of its professional liability business. Ms. Gregorio, who most recently ran the domestic professional liability division of XL Insurance, will be based in New York, Navigators said. Oman: Insurance firms mulling hike in premium 29 November 2008 MUSCAT -- The insurance companies are mulling a hike in premiums collected from the insurers as the Royal Decree No 118/2008, amending diya blood money and arush compensation for injuries takes effect from December 1. Article 1 of the decree states that diya for the deceased is raised to RO 15,000 from the previous RO 5,000 and further stipulates that compensations for ... Amlin pulls out of credit insurance market The insurance group has decided not to write any new policies for businesses supplying goods to other businesses on credit, partially because of problems securing reinsurance. |



