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Rental Reimbursement and RA Keep Your Business on the Move

Posted by admin in May 23rd 2008  

MAYFIELD VILLAGE, Ohio — May 19, 2008 — As a small business owner, you depend on all the vehicles in your fleet, whether it’s one or half a dozen. When one is down temporarily, you’re probably losing money. Two new commercial auto insurance coverages from Progressive will help to keep your business on the road [...]

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Infinity Property and Casualty to Webcast Annual Shareholders’ Meeting

Posted by admin in May 20th 2008  

BIRMINGHAM, Ala., May 15 /PRNewswire-FirstCall/ — Infinity Property and Casualty Corporation (Nasdaq: IPCC) invites you to listen to the live Internet broadcast of its 2008 Annual Meeting of Shareholders on Tuesday, May 20, 2008 at 11:00 ET.
To listen to the live broadcast, go to Infinity’s website, http://www.ipacc.com, click on Investor Relations and follow [...]

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Main Street America Group Acquiring Michigan’s Great Lakes Casualty

Posted by admin in May 20th 2008  

The Main Street America Group, a regional property/casualty insurer based in Jacksonville, Fla. that writes business up and down the East Coast, is expanding to the Midwest.
The insurer said it has agreed to acquire Great Lakes Casualty Insurance Co., a Michigan-domiciled private passenger auto insurance carrier based in Grand Rapids, Mich., from Newco Financial Holdings [...]

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State Farm Practices Suffer Collision With California Class Action Lawsuit

Posted by admin in May 20th 2008  

LOS ANGELES, May 14 /PRNewswire-USNewswire/ – A class action lawsuit (Case #CV08-03184), was filed today in United States Federal Court, Central District, alleging that State Farm Mutual Automobile Insurance Company is enriching itself with payments rightfully belonging to its insureds in violation of California law, particularly the “Make Whole Rule.”
When State Farm policyholder Stuart Chandler [...]

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Court Upholds Florida’s Suspension Of Allstate Business

Posted by admin in May 20th 2008  

TAMPA – A state court has affirmed an order that blocks Allstate insurance company from writing new automobile insurance policies in Florida.
According to the Florida Office of Insurance Regulation, the 1st District Court on Wednesday “affirmed the appropriateness” of a January order by the regulatory agency that barred Allstate’s request for a rehearing and allowed [...]

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Consumer Fraud Alert – Catalytic Converter Theft

Posted by admin in May 20th 2008  

WASHINGTON–(BUSINESS WIRE)–
GEICO’s Special Investigations Unit (SIU) has observed a growing trend nationwide regarding the theft of catalytic converters from vehicles and advises auto owners to take preventative measures. Thieves are targeting areas where large numbers of vehicles are parked for extended periods of time and left unobservable to traffic. These areas might include auto dealerships, [...]

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Electronic Joint Insurance Database Agreement Concluded

Posted by admin in May 20th 2008  

Muscat, May 12 (ONA)— A joint electronic database agreement has been signed today at the Capital Market Authority (CMA) between the insurance companies operating in the Sultanate and Al-Madina Development and Supply (MDS) under the auspices of the Capital Market Authority and Royal Oman Police. MDS will implement the project within [...]

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Apple Valley Woman Charged With Auto Insurance Fraud

Posted by admin in May 20th 2008  

By Daily Press, Victorville, Calif.
May 13–SAN BERNARDINO — A woman was arrested on suspicion of insurance fraud after she allegedly left her car on railroad tracks to cover up for an earlier crash, authorities said Monday.
Investigators for the San Bernardino County District Attorney’s Office arrested Christina Soliz, 24, of Apple Valley, after she filed an [...]

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ATERAS Successfully Completes the Policy Number Expansion Project for Progressiv

Posted by admin in May 20th 2008  

DALLAS, May 13 /PRNewswire/ — ATERAS announced today that the Policy Number Expansion Project for Claims IT Systems at Progressive using DB-Shuttle(TM) Enterprise Change capabilities has been a success! The purpose of the project was to use a standard automated method to identify and change the field definition and length of 69 different DB2 columns [...]

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Fitch Affirms Allstate Corp. & Subsidiaries; Outlook Stable

Posted by admin in May 15th 2008  

CHICAGO, May 13, 2008 (BUSINESS WIRE)- Fitch Ratings has affirmed the ratings of The Allstate Corporation (Allstate) and its property/casualty and life sub sidiaries (see list below). The Rating Outlook is Stable.
Allstate’s ratings continue to be favorably influenced by its top-tier market position and national scope in the personal lines [...]

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