Automobile Insurance

State Automobile Mutual to Purchase Rockhill Insurance Group

November 18th, 2008

State Automobile Mutual Insurance Company announced today that it has agreed to acquire Rockhill Insurance Group of Kansas City, Mo. Closing is expected in the first quarter of 2009, subject to approval by regulatory authorities.
Rockhill Insurance Group writes approximately $135 million in specialty property and casualty direct written premium through four insurance company subsidiaries: Rockhill [...]

21st Century Holding Company’s Subsidiary Approved to Write Commercial Residential Property by Florida’s Office of Insurance Regulation

July 9th, 2009

Federated National Insurance Company (”Federated National”), a wholly-owned subsidiary of 21st Century Holding Company insurance holding company, today announced that it received approval from the Florida Office of Insurance Regulation (”OIR”) to write commercial residential property business in the state of FloridaMichael H. Braun, President of Federated National and Chief Executive Officer of 21st [...]

AmTrust Financial Services, Inc. to Present At FPK Small & Mid-Cap Bank and Insurance Conference in New York On Wednesday, June 17, 2009

June 16th, 2009

AmTrust Financial Services, Inc. announced that The Company will be participating in the 2009 Fox-Pitt Kelton Cochran Caronia Waller (FPK) Small & Mid-Cap Bank and Insurance Conference being held on June 17, 2009. The conference will be held at The Roosevelt Hotel New York, located in mid-town Manhattan.
AmTrust President & CEO Barry Zyskind is scheduled [...]

Lincoln General Insurance Company run-off plan approved

May 30th, 2009

(TSX:KFS, NYSE:KFS) Kingsway Financial Services Inc. (”Kingsway”) announces that the Pennsylvania Insurance Department (the “Department”) has completed its review of a proposed RBC plan (the “Plan”) filed by Lincoln General Insurance Company (”Lincoln General”). The Department has determined that Lincoln General’s Plan is satisfactory and may be implemented immediately.
As previously announced, Lincoln General submitted its [...]

The Hartford Encourages Drivers To ‘Keep Life Uninterrupted’ And Review Their Auto Insurance Policy

February 4th, 2009

Another risk of a faltering economy may be an increase in the number of drivers who travel American highways and byways without adequate auto insurance. Falling housing prices, rising unemployment and turmoil in the financial markets have hit consumers hard, and some may be cutting costs on protection on the road. As a result of [...]

Springfield Based Insurance and Risk Management Company Merges With Long Time Portland Agency

January 9th, 2009

KPD, the Oregon based insurance and risk management company, announced they have merged with Portland insurance agency Jones Kendall Sauer. The insurance office will be located at One Lincoln Center near Washington Square.
“We are excited about the merger,” said Jim Ginger, President of KPD Insurance. “Jones Kendall Sauer has been providing professional personal and commercial [...]

High Point Auto Insurance Garners 2008 Ziegler Award

January 8th, 2009

High Point Auto Insurance was awarded the New Jersey Vehicle Theft Associations’ 2008 Ziegler Award which recognizes, departments, organizations or companies that have significantly contributed to the fight against vehicle theft. High Point is the first insurance carrier to receive this award. The State of New Jersey reported 24,746 auto thefts in 2006.
“High Point Auto [...]

Drivers Unaware of Vital Winter Safety Rules, GMAC Insurance Survey Shows

November 26th, 2008

A recent GMAC Insurance survey reveals many drivers are stumped when it comes to proper safety procedures for winter weather driving.
Of the more than 5,000 licensed drivers surveyed across the nation, GMAC Insurance found several startling facts about driver competency during frozen or snowy conditions:
– 46 percent were unaware their gas tank should be at [...]

SafeAuto Insurance Offers Tips for Thanksgiving Travel

November 25th, 2008

SafeAuto Insurance Company is offering tips to make sure drivers — and their cars — are ready and able to make the long haul for the Thanksgiving holiday. SafeAuto, a company that provides state minimum coverage insurance to uninsured drivers, provides tips for consumers based on more than a decade of experience in the automobile [...]

SPSS Delivers 403% ROI for Insurance Company with Predictive Analytics Software

November 21st, 2008

Nucleus Research analysts have independently examined the deployment of SPSS Predictive Analytics software at a major insurance company to find a rapid return on investment (ROI) of 403% in three months time.
The insurance company is a provider of personal automobile insurance with an emphasis on nonstandard auto insurance covering drivers who, because of their driving [...]