Pennsylvania Senate Finally Approves Ario as Insurance Commissioner (7/8/2008)

A year after he was nominated by Gov. Ed Rendell, the Pennsylvania Senate has finally voted unanimously to approve Joel Ario as the state’s insurance commissioner... Full Story

P/C Industry Income and Profitability Drop by Half in Q1 2008 (7/2/2008)

The U.S. property/casualty insurance industry’s net income after taxes fell to $8.2 billion in first-quarter 2008 from $16.2 billion in first-quarter 2007 and a cyclical peak of $17.7 billion in first-quarter 2005... Full Story

New York Considers Resurrecting Defunct Insurance Exchange (7/2/2008)

New York Gov. David Paterson says the state is seriously considering resurrection of the long-defunct New York Insurance Exchange... Full Story

Highway Deaths Down in 35 States (7/2/2008)

According to preliminary data from state police and transportation agencies, highway deaths in the U.S. have declined sharply this year, compared with 2007... Full Story

Losses From May Midwest Storms Could Cost $850 Million (6/17/2008)

Insured losses are expected to reach $850 million from late-May storms that hit seven Midwest states, according to the Insurance Services Office... Full Story

AIG Ousts Sullivan As Losses Mount (6/17/2008)

On June 15 the board of American International Group Inc. (AIG), the financially troubled insurance giant, forced its chairman, Martin Sullivan, to step down and appointed Robert Willumstad chief executive... Full Story

Conning Report Says Regional Insurers Holding Their Own In Small Commercial Market (6/17/2008)

Property-casualty insurers are competing aggressively for the small commercial market, according to a new study by Conning Research and Consulting... Full Story

Insurance Jobs Up Again Even as Unemployment Surges (6/10/2008)

U.S. insurance industry payrolls added 3,200 positions from April to May, marking the third consecutive positive monthly move... Full Story

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