State Farm homeowner's insurance rates up 13 percent - Pantagraph
BLOOMINGTON -- Illinois homeowners will pay an average of 13 percent more for their State Farm insurance, but customers who also have auto insurance will get a bigger discount for having more than one policy. State Farm Fire and Casualty Co ...July 2, 2009
AIG closes $1.9B sale of 21st Century Insurance - CNBC
NEW YORK - American International Group Inc. said late Wednesday it has closed the sale of 21st Century Insurance Group to Farmers Group Inc. for $1.9 billion. The 21st Century Insurance business is a subsidiary of AIG's U.S. personal auto insurance ...July 2, 2009
Consumers Worried About Warranties and Auto Insurance Over GM ... - Earthtimes
A majority of the postings were related to whether GM and Chrysler car warranties would be honored. According to an interview with Steve Harris, General Motors' vice president of global communications, the answer is yes. In addition to the company's ...July 2, 2009
Mercury General using guise of benevolence to assault Prop. 103 - Los Angeles Times
The art of setting automobile insurance rates is incomprehensible to most of us civilians. Liability coverage, comprehensive insurance, assigned risk pools, discounts, surcharges . . . the list goes on. Just try to figure out how your carrier arrived ...July 2, 2009
American International Group (AIG) sells 21st Century Insurance to ... - TradingMarkets.com
The total value consists of $1,700 million in cash and $200 million in face amount of subordinated, euro-denominated capital notes backed by Zurich Insurance Company, an operating unit of Zurich Financial Services AG. FGI has also assumed 21st ...July 2, 2009
TheStar.com | Opinion | Bailing out car insurers on backs of accident ... - Toronto Star
Of all the bailouts bequeathed to Canadian companies, there is one of which few people are aware. It's being considered in the recesses of Queen's Park, and would come in the form of new automobile insurance legislation. The Financial Services ...July 2, 2009
State could OK 'pay-as-you-go' auto insurance in fall - Los Angeles Times
Reporting from Sacramento -- Motorists who drive less could cut their insurance bills as early as the fall when the state is expected to authorize insurers to offer pioneering "pay-as-you-drive" policies. State Insurance Commissioner Steve Poizner ...June 26, 2009
Sale of 2 AIG Auto Units Complete - Street.Com
The units were bought by Swiss insurer Zurich Financial Services for $1.9 billion. And a bigger chunk of the deal than had originally been proposed was paid for in cash, Reuters reported on Thursday, lowering AIG's debt. Zurich said it immediately ...July 2, 2009
Letters: Auto bailout still stirs debate - Detroit News
I was surprised that anyone would object to the government saving the auto industry by becoming a temporary owner of GM, when the same government has saved several major banks by becoming temporary owners of them! Why is it OK for the government to ...July 2, 2009
State Farm hiking home insurance 13% - Crain's Chicago Business
(Crain’s) — State Farm Insurance Cos. is increasing homeowners insurance rates in Illinois by 13%, becoming the latest big insurer in the state to hike the cost of covering homes. The Bloomington-based giant — by far the largest insurer in ...July 2, 2009
