Property-Casualty Insurance News
Mercury Insurance seeks agents, unveils new commercial auto product
Mercury Insurance, a multi-line insurance organization operating in 13 states, is offering a new commercial auto insurance product it says uses technology to enable its independent agents to more easily rate, qualify and issue new business.
Most, least expensive 2012 car models to insure announced
The Toyota Sienna LE is the least expensive 2012 car model to insure while the 2012 Audi R8 Spyder Quattro, a two-seat V10 convertible, costs the most to insure, according to a new study.
Two insurance agents in Lakeland, Fla., were arrested Feb. 3 for allegedly stealing more than $422,000 from the brokerage for which they worked and from where their mother retired.
The Maryland Insurance Administration is warning insurance agents about a fake license renewal website that could harm their computers.
New insurance requirements for fireworks manufacturers have set off legal sparks in Michigan, as the companies have filed suit against the state.
Pennsylvania’s auditor general said the state’s largest workers’ compensation carrier failed to hold a contractor who received nearly $4.9 million over two years accountable for the terms of the contract.
More than 30 representatives of the insurance industry visited the state capitol in Richmond, Va., talking about issues that affect the property-casualty industry in the state.
Alliant buys Thesco, seeking more of Northeast’s 401(k) marketplace
The largest specialty insurance brokerage in the U.S. acquired a New York-based 401(k) investment and advisory firm, seeking to expand its presence in the Northeast.
The number of claims resolved through an inter-insurance dispute resolution organization’s services set a record in 2011, with nearly 520,000 claims resolved.
Arthur Gallagher expands Upstate New York footprint with Albany deal
Arthur J. Gallagher & Co. acquired Capital Bauer Insurance Agency, an Albany, N.Y.-based retail insurance broker allowing it to significantly expand its Upstate New York presence.

Obama to force insurers to give out birth control when employers won’t
Group representing 119 in Congress calls individual mandate illegal
Insurer fined for charging unapproved rates on students’ policies

Employee benefit offerings only as good as the discussion about them
Sponsors of 401(k)s adding features to boost participants’ investment
Number of Certified Financial Planners could double in next five years

Mercury Insurance seeks agents, unveils new commercial auto product
Most, least expensive 2012 car models to insure announced
Two insurance agents allegedly stole $422,000 from family brokerage


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