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Insurance News 04/2009 (Page 6)

Insurance company BWD Group expanding from northeast to Tampa (BizJournals)
BWD Group LLC has expanded its insurance and risk management operations to Tampa.

16 Senate Dems push public insurance (Politico via Yahoo! News)
Sixteen Democratic senators put a finer point Wednesday on their support for a public insurance plan, urging key Senate committee chairmen not to abandon the option as they negotiate a health care overhaul bill.

Senators Decry Flipping Of Life Insurance Policies (Washington Post)
A full-page ad in the Chicago Tribune invited people age 50 to 85 to come hear football great Mike Ditka and learn "WHY WALL STREET WANTS TO BUY YOUR LIFE INSURANCE POLICY."

9 beat insurance deadline (Manila Standard Today)
Nine insurance companies have beefed up their capitalization to meet the government’s minimum requirement while one has been placed under voluntary receivership, the Insurance Commissioner Eduardo Malinis said yesterday.

Bill May Push Up Insurance Rates (The Lakeland Ledger)
TALLAHASSEE | Your property insurance rates may be rising based on decisions Florida lawmakers will make in the next two days. In classic end-of-session maneuvering, lawmakers may wait until Friday - the last day of the regularly scheduled session - to move the final property insurance bills. But here is what's at play:

Rising inflows for life insurance (BigPond News)
The outbreak of Swine Flu after Vic bushfires is translating into another month of rising inflows for the life insurance industry.

Town to save $100,000 on insurance (The Buffalo News)
Orchard Park is saving about $100,000 on insurance under the bid accepted Thursday by the Town Board.

Judge clears way for homeowners insurance increase (The Wilmington Star-News)
RALEIGH | A Wake County judge has cleared the way for homeowners insurance rates to drop in nearly three dozen western North Carolina counties and soar along the coast starting Friday.

Life insurance industry reports 56% on-year drop in sales for Q1 (Channel NewsAsia)
SINGAPORE : Sales of life insurance products fell by 56 per cent on year in the first quarter. In numbers out from the Life Insurance Association, sales came in at just S$220 million on a net weighted basis.

Integralis ensures insurance firm's security (vnunet.com)
Sara Yirrell, CRN , Thursday 30 April 2009 at 14:54:00 Integrator wins contract to supply integrated security offering to Cardif Pinnacle Integralis has won a contract to supply insurance specialist Cardif Pinnacle with an integrated security offering. The contract with the firm, which is the UK insurance arm of banking group BNP...

Integralis ensures insurance firm's security (VNU Net via Yahoo! UK & Ireland News)
Integralis has won a contract to supply insurance specialist Cardif Pinnacle with an integrated security offering.

California couple charged with big insurance fraud (AP via Yahoo! Finance)
A California couple were charged with running a $38 million workers' compensation insurance scam that supported a lavish lifestyle filled with luxurious cars, shopping sprees and homes in two states, officials announced Thursday.

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