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Prudential Car Insurance Life Insurance


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2/5/2009 News For:

Prudential Auto Insurance Life Insurance


Insurance Scammer Arrested  Life insurance agent David Abraham allegedly duped clients out of more than $1 million.

Assurant insurance firm's earnings up 51 percent  Specialty insurance company Assurant reported fourth-quarter earnings increased 51 percent to $182.4 million, or $1.55 per share, compared to $120.8 million, or $1.01 per share, in the same period of 2007. Net income benefited by $62.4 million from the realization of a tax asset related to the second quarter 2008 sale of an inactive life insurance subsidiary.

Insurance Industry Seeks TARP Funds  The banking collapse caused the insurance industry to buckle. Washington Post reporter David Hilzenrath says that to stay afloat life insurance companies are seeking funds from the federal government's Troubled Assets Relief Program as well as relaxed regulations and accounting rules.

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.

Kilpatrick sells insurance business after 50 years  Tex Kilpatrick, whose family has operated Central American Life Insurance Co. of West Monroe for more than 50 years, has sold the insurance company to National Guardian Life Insurance Co. of Madison, Wis.

CBB Issues British Insurance Group Legal & General Two Licenses  Manama, Kingdom of Bahrain - February 4, 2009 - The Central Bank of Bahrain has granted licenses to Legal & General Gulf and Legal & General Gulf Takaful. The two new companies will offer life insurance and Takaful services in Bahrain and the broader Middle East.

The Risks of Life Insurance  It was a head-spinning week for anyone with a life insurance policy.

Hartford Cuts Dividend After Life Unit?s Capital Misses Target  Feb. 5 -- Hartford Financial Services Group Inc. , the Connecticut-based seller of life insurance and property coverage, slashed its dividend by 84 percent after reporting a loss and missing a capital target.

Sector movers: Aviva lifts insurance stocks after sales boost  LONDON SHARECAST - Norwich Union owner Aviva is lifting the life insurance sector higher after seeing sales boosted by the weak pound.

Hartford Slashes Dividend After Posting Second Straight Loss  Feb. 5 -- Hartford Financial Services Group Inc. , the Connecticut-based seller of life insurance and property coverage, slashed its dividend by 84 percent after posting a second straight loss on investment declines.

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