News 503 Aig Auto Insurance Lowers Rates 5 Colorado Business Wire |  |
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Perhaps better known for their financial products, AIG also has an auto insurance division. In a series of recent rate cuts by auto insurers in Colorado, AIG Auto Insurance has the latest. They announced a 5% rate cut for Colorado drivers insured by subsidiary companies The Insurance Company of the State of Pennsylvania, Birmingham Fire Insurance Company of Pennsylvania, and Commerce and Industry Insurance Company. The new rates will lower car insurance premiums on over 10,000 vehicles in the state. Resources at MostChoiceRecent Auto Insurance Resources at MostChoice:
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| Reed Business Information's Design News (www.designnews.com) Announces Mechatronics 2.0 Expo in Detroit on Sept. 9th ... WALTHAM, Mass.----Design News along with sister publications, Control Engineering, EDN and Test & Measurement World, have announced Mechatronics 2.0: Driving Innovation in the Auto Industry, an expo and conference on September 9th in Dearborn, Michigan, at the Ford Motor Co. Digital Insurance Ranks among Top Insurance Firms on Inc. 5,000 List for Second Year in a Row Digital Insurance, Inc. www.digitalinsurance.com, the nation's fastest-growing employee benefits agency in the small group insurance market, today announced it ranks among the top insurance firms -- for the second year in a row -- on the Inc. 5,000 list of the fastest-growing private companies in America. For 2008, Digital ranks 14 in the insurance category based on its 247.4 percent growth ... *vwd/BUSINESS WIRE: S2 Licensing leitet formal die DVB-S2 Patentlizenzierung ein MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH. *vwd/BUSINESS WIRE: Infosys Announces Its Plans to Acquire Axon Group plc, Cash Offer of £407.1 million MITTEILUNG UEBERMITTELT VON BUSINESS WIRE. FUER DEN INHALT IST ALLEIN DAS BERICHTENDE UNTERNEHMEN VERANTWORTLICH. 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 ... AIG shares down as Credit Suisse tips quarterly loss Shares of AIG trade down more than 5% after a report by Credit Suisse cuts the insurer’s third-quarter outlook and target price. Detroit News' Danny Howes Needs To Quit Stealing Wert's Lines On Big Three "Bailout" [Auto Industry Bailout] The Detroit News' own most original, free-thinking business writer, Danny "Boy" Howes, has managed to say exactly what Wert said on CNBC the other day without actually saying anything about Wert.... AIB to lower fixed mortgage rates AIB is to cut some of its fixed mortgage rates from close of business tomorrow. The bank said its two-year rate would come down by 0.55 points, while the three-year rate would be lowered by 0.25 points. This would bring both rates to 5.2%. AIG credit woes mean tough day for stock market AIG was the steepest decliner among the 30 stocks that make up the Dow industrials after Fitch Ratings warned Friday that it might cut its ratings on the insurer. The stock fell $1, or 5 percent, to $18.87. Credit scores banned for insurance rates The Michigan Court of Appeals will let state regulators prohibit insurers from using customers' credit scores to determine home and auto insurance rates. Business News in Brief Reported incidents of mortgage fraud jumped 42 percent nationwide, with Florida reporting the highest number of cases, according to industry data released Monday. Insurance, credit unlinked LANSING -- Insurance companies in Michigan no longer will be able to use customers' credit scores to set home and auto insurance premiums if a state Court of Appeals ruling stands. The 2-1 decision released Friday reversed a 2005 ruling by a lower judge who blocked the state insurance office's ban against credit-based insurance rates. U.S. Stocks Drop, Led by Financial Shares, AIG, Banks Retreat Aug. 25 -- U.S. stocks fell the most in two weeks as a Kansas bank's failure and speculation American International Group Inc. will post a loss heightened concern that credit writedowns will keep rattling the financial system. U.S. Stocks Drop, Led by Financial Shares, AIG, Banks Retreat Aug. 25 -- U.S. stocks fell for the first time in four days as a Kansas bank's failure and speculation American International Group Inc. will post a loss heightened concern that credit writedowns will keep rattling the financial system. |