President Barack Obama’s budget proposal for 2012, released Feb. 14, includes two recycled and “failed” life insurance proposals, according to an industry analyst.

A West Trenton, N.J.-based insurance company is paying about $45.7 million in special dividends to its personal auto insurance policyholders.

The board of directors of New York-based NYMAGIC declared a dividend to shareholders of 10 cents, payable Oct. 6.

The New York State Insurance Fund reported in its new annual report workers’ compensation premium of $1.31 billion and disability benefits premium of $16.6 million.

Univest Corp. of Pennsylvania, the parent company of Univest Insurance, declared a 20-cent per share quarterly cash dividend, according to a company statement.

A Warren, N.J., woman faces a number of charges, including third-degree insurance fraud, for allegedly using the identity of her deceased mother to gain benefits, secure an auto policy and make an accident claim through that coverage.

NYMAGIC, a New York-based insurance holding company with property-casualty subsidiaries underwriting ocean marine, inland marine and non-marine liability policies, announced a 10-cent per share quarterly dividend for the fourth quarter.

The board of Harleysville Group has paid a dividend for 95 consecutive quarters after approving a 32.5-cent quarterly dividend per share.

The New York State Insurance Fund recently announced the return of $173.3 million in dividends last year, issued to about 34,000 policyholders.

A Lancaster, Pa.-based casualty insurer paid a 7-cent quarterly cash dividend.

Eastern Insurance Holdings’s board of directors authorized the payment on its issued and outstanding shares of common stock, payable June …  Read →