Coop Insurance

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Coop Insurance
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2/14/2009 News For:

Coop Insurance

Shenandoah Life Insurance placed into receivership by SCC  ROANOKE, Va. Shenandoah Life Insurance Inc. has been placed into receivership following the cancellation of a merger with another company. State Commissioner of Insurance Alfred Gross said Thursday in a statement that the Virginia State Corporation Commission placed the Roanoke insurer in receivership "in an effort to rehabilitate the company."

Local firm helps troop via Pekin Insurance program  CHARLESTON ? Bob Oetting and Associates, a Pekin Insurance independent agency, helped make the holidays better with outstanding production of life insurance during Pekin Insurance?s Help the Troops Call Home for the Holidays Sales Contest, according to the press release from the firm.

Shenandoah Life Insurance takeover deal falls through  The State Corporation Commission has been named receiver for Shenandoah Life Insurance Company.

Sun Life targets U.S. growth, acquisitions  Sun Life Financial is stepping up its push to expand its U.S. annuities and life insurance businesses through internal growth, and also plans to be ready to make acquisitions in the United States, a company official said on Wednesday.

Kotak-Old Mutal insurance JV sees break even in FY10  MUMBAI, Feb 12 Reuters - India's Kotak Mahindra Old Mutual Life Insurance Ltd, a joint venture between Kotak Mahindra Bank and Old Mutual Plc , expects to break even in the next financial year starting April, a top official said.

Government to launch new rural postal life insurance scheme soon  New Delhi, Feb.11: Union Minister of State for Communications and Information Technology, Jyotiraditya M. Scindia, on Wednesday said that the Government is planning to launch a new rural postal life insurance scheme soon to give protection to villagers in the event of any eventuality.

Over 1 mn SKS Microfinance members get insurance cover  Hyderabad, Feb 11 : SKS Microfinance, India's largest and 'world's fastest' growing Microfinance Company, today announced it had extended life insurance cover to one million poor women across Andhra Pradesh, Karnataka, Orissa, Rajasthan, Uttar Pradesh, Madhya Pradesh and West Bengal through its low-premium micro-insurance product-- Bajaj Allianz Swayam Shakti Suraksha.

ING sells Taiwan insurance business for $600M   The Dutch financial services company ING Groep NV said Wednesday it has sold its Taiwanese life insurance business to Fubon Financial Holding Co. Ltd. for around $600 million .

Shenandoah Life releases Q&A page for policy holders  The financially wobbling Shenandoah Life Insurance Company has released a Q&A page on its website for policy holders. The company has consistently refused requests for comment after the State Corporation Commission took it over on Thursday.

Aviva Life Insurance aims 35% growth in FY10  Aviva Life Insurance is targeting a growth of 35 per cent in the next financial year, the company's Managing Director & Chief Executive Officer T R Ramachandran said today.

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