Ameriana Bancorp, parent company for Ameriana Bank, announced that Ameriana Insurance Agency, a bank subsidiary, has completed a previously announced purchase of the book of business of the Chapin-Hayworth Insurance Agency Inc. Chapin-Hayworth is a multi-line property and casualty insurance agency located in New Castle.
Chapin-Hayworth Insurance agents Ruth Hayworth and Gail Byers and customer service [...]

new economic reality means consumers can no longer rely on what’s worked for them in the past. And the ever-changing life insurance marketplace means financial professionals must find even more creative solutions to their clients’ needs.
To meet those needs, Nationwide Financial Services, Inc. launched the newest version of its YourLife® suite of life insurance products [...]

Flagstone Reinsurance Holdings Limited announced today that it has made an offer to the Board of IPC Re to acquire all of IPC’s outstanding shares. Flagstone’s offer is superior to the pending offer made by Validus on both a market value and tangible book value per share basis, and offers a superior value proposition [...]

Independence Holding Company reported declaration of a semi-annual cash dividend of $0.025 per share of common stock, payable to stockholders of record on July 6, 2009, with a payment date of July 20, 2009.
IHC is a holding company principally engaged in the life and health insurance business and the acquisition of blocks of policies [...]

OneBeacon Insurance Group announced the formation of its newest specialty business – OneBeacon Energy Group, which targets upstream and midstream mid-market energy risks, as well as alternative and renewable energy sources.
Initial coverage offerings include monoline property, monoline general liability, and general liability combined with auto liability. These are available to the exploration and production, [...]

A proposed national insurance regulatory office would give the federal government a window into the insurance business and allow it to identify and respond to emerging issues more readily than state insurance departments.
Moreover, a national insurance regulatory office would give Congress the leverage is presently lacks to force action to address new problems.
Promontory Financial Group, [...]

Less than 90 days after abandoning America’s elderly, Conseco Insurance is out with a “white paper” encouraging people to buy supplemental insurance policies, says Frank N. Darras, the nation’s leading disability and long-term care insurance lawyer.
Darras warns against purchasing a supplemental policy from Conseco. In 2008 alone, Conseco was investigated, charged and fined $32 [...]