Archive for December, 2008

GNW-Evergreen Insurance Services Names Scabareti Personal Lines Producer

Los Angeles-based GNW-Evergreen Insurance Services LLC has hired Tom Scabareti as its new dedicated personal lines producer. He will be responsible for bringing insurance products, services and …   News widgets and RSS feeds on Feedzilla.com

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Indianans give Obama’s representative an earful on health insurance (International Herald Tribune)

Former Senator Tom Daschle, whom President-elect Barack Obama has called the “lead architect” of the new administration’s efforts to expand health insurance and rein in medical costs, attended a community meeting here where he received an earful about expenses that were too high and coverage that was too little.

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Cleanup of Oklahoma Zinc Smelter to Cost $6.6M; Viacom to Pay

Heavy-metal contaminants left by an Oklahoma zinc smelter that closed more than eight decades ago will be cleaned up through a $6.6 million plan chosen by the U.S. Environmental Protection Agency. …   RSS news feeds and Widgets on Feedzilla.com

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Alliance HealthCard, Inc.: Alliance HealthCard Reports 2008 Fourth Quarter and Year-End Financial Results

ATLANTA, GA (MARKET WIRE) Alliance HealthCard, Inc. (OTCBB: ALHC), a leading provider of health discount and lifestyle benefits, reported that its revenue, gross profit, and net income had double-digit increases for the 2008 fiscal year. The fourth quarte…   RSS widgets and RSS feeds on Feedzilla.com

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Univest and its insurance subsidiary acquire Liberty Benefits

Univest Corporation of Pennsylvania and its insurance subsidiary, Univest Insurance, have acquired Liberty Benefits, an employee benefits brokerage and consulting firm.   News widgets and RSS feeds on Feedzilla.com

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(AFX UK Focus) 2008-12-29 00:43 China insurance companies Jan-Nov premium income 915.05 bln yuan, up 42 pct (Interactive Investor)

BEIJING (XFN-ASIA) - Chinese insurers generated premium income of 915.05 bln yuan in the 11 months to November, up 42 pct year-on-year, said Wu Dingfu, chairman of the China Insurance Regulatory Commission (CIRC).

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(AFX UK Focus) 2008-12-29 00:56 Mitsui S’tomo Insurance up 9% on merger talk news (Interactive Investor)

TOKYO, Dec 29 (Reuters) - Shares in Mitsui Sumitomo Insurance Group Holdings Inc opened up 9 percent on Monday after a company source said it was in merger talks with two other Japanese non-life insurers. It is in negotiations with Aioi Insurance Co and Nissay Dowa General Insurance Co to merge, the source said on Monday, in a move that would create Japan’s largest non-life insurer, surpassing …

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Japan Insurance Shares Gain on Merger Speculation; Oji Drops (Bloomberg)

Dec. 29 (Bloomberg) — Japan’s insurance stocks jumped on speculation a merger of three non-life insurers will reduce competition. Oji Paper Co. led a decline by papermakers on a newspaper report falling demand is weighing on earnings.

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Mitsui S’tomo Insurance up 9% on merger talk news (Reuters via Yahoo! Malaysia News)

TOKYO, Dec 29 (Reuters) - Shares in Mitsui Sumitomo Insurance Group Holdings Inc opened up 9 percent on Monday after a company source said it was in merger talks with two other Japanese non-life insurers.

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RBS considering dropping sale of insurance arm: report (AFP via Yahoo! News)

Royal Bank of Scotland, majority owned by the government, is considering abandoning the multi-billion-pound sale of its insurance businesses, the Sunday Times said.

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