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Property and Casualty

Google Wants to Sell You Auto Insurance

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By Rolfe Winkler, January 8, 2015 Google is plotting a move into auto insurance in the U.S., including a comparison-shopping site from which users would also be able to buy policies, an industry analyst says. Forrester Research FORR +0.14% analyst Ellen Carney wrote in a blog post Wednesday that an entity called Google Compare Auto Insurance Services is licensed to …

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The breakdown: 7 types of insurance you should know about

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By Jeff Wuorio, January 6, 2015 Some types of insurance are must-haves, not just to cover the expenses of unforeseen circumstances but also to comply with the law. Most states require motorists to have liability coverage, and Americans have been alerted the past two years via the Affordable Care Act to obtain health care insurance or face consequences. But other …

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Umbrella insurance: Protection for that nest egg

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By Anna Helhoski, December 27, 2014 A retirement nest egg may make you feel like you’ve locked down your financial future, but don’t get too comfortable. Getting hit with a liability lawsuit in your retirement years could turn your life upside down. While your insurance may cover some damages or legal fees, an umbrella insurance plan goes further. It protects …

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An Uncertain Future For The U.S. Terrorism Insurance Program

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By Ilya Marritz, July 3, 2014 If terrorists were to attack a U.S. city again, who would pay for catastrophic damage? In the aftermath of the Sept. 11, 2001, attacks on New York, Congress provided the answer: the Terrorism Risk Insurance Act. While most ordinary people will never have need of it, Douglas Durst, one of New York’s real estate …

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General insurance industry needs a fresh lease of life

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The Financial Express, June 30, 2014 With the election handing a decisive mandate to the new government, now is the time for concrete steps to revive the economy. Budget 2014 is a critical platform wherein the government should announce macro and industry specific measures to enable the economy to return to the growth path. The general insurance industry is among …

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Antique Car Insurance Tool Now Promotes Discounts for Vintage Car Owner Coverage Plans Online

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June 8, 2014 Owners of automobiles who store classic cars in warehouses or travel across the U.S. to trade shows often require specialized auto insurance. The Quotes Pros company is now promoting discounts for antique car insurance through its freely accessible tool this year at http://quotespros.com/auto-insurance.html. The open access tool now provides a unique insight into the vehicle coverage industry …

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Canine costs: Which dogs will make your insurance rates rise

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By KFOR-TV & K. Querry, 5/19/2014 Americans are known to love their dogs but a new survey shows your playful pooch may make it harder for you to get insurance. According to Bankrate, if you own a certain breed of dog, you may have a hard time getting homeowner’s insurance. Officials say some breeds are more likely to bite and …

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Walmart is entering the auto insurance business in its latest move to offer affordable financial services to customers.

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First Coast News, April 30, 2014 Walmart is entering the auto insurance business in its latest move to offer affordable financial services to customers, the company announced Wednesday. The world’s largest retailer is partnering with AutoInsurance.com, a price-comparison and shopping website. The website was created after Walmart approached parent company Tranzutary Insurance Solutions with the idea to create an integrated …

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NY Assembly To Review Auto Insurance Costs

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The Associated Press, 4/10/2014 State lawmakers are taking a look at why New Yorkers pay some of the highest auto insurance rates in the nation. Insurance industry representatives, consumer advocates and state officials tasked with regulating insurance are expected to weigh in at a legislative hearing scheduled for Thursday morning. The hearing is intended to focus on the availability of …

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Allstate Authorizes $2.5 Billion Share-Repurchase Program

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By Alexandria Baca, February 19, 2014 Allstate Corp. (ALL), the largest publicly traded U.S. home and auto insurer, increased its dividend 12 percent and authorized the company’s largest buyback since 2006. As much as $2.5 billion of stock can be repurchased in the next 18 months, and the quarterly dividend was lifted to 28 cents a share, Northbrook, Illinois-based Allstate …

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