Current Insurance News Today

NY hearings on 'forced' insurance in foreclosure
Premiums for so-called force-placed insurance have more than tripled since 2004, producing enormous profits for insurers and the banks that take out policies when a homeowner fails to maintain coverage required by the mortgage, according to New York regulators.

Fri, 18 May 2012 07:21:15 -0700

Wells Fargo Insurance Reaches $1 Million Milestone in Awards to the Fire Service
Wells Fargo Insurance – part of Wells Fargo & Company – announced today it has awarded $7,499 to the Cordelia Fire Protection District in Fairfield, CA, becoming the only broker to provide $1 million in grants to local fire departments and burn prevention organizations through the Heritage Program® at Fireman’s Fund Insurance Company.

Thu, 17 May 2012 08:30:00 -0700

Insurance Commissioner Dave Jones Announces Good News for California Drivers
SACRAMENTO, Calif., May 16, 2012 /PRNewswire/ -- Insurance Commissioner Dave Jones today announced important changes to the California Low Cost Automobile Insurance Program. Beginning May 15, the cost ...

Wed, 16 May 2012 09:00:00 -0700

Insurance Networking News, Celent Announce Top Technology Vendors In 2012 Customer Survey
ORLANDO, Fla., May 16, 2012 /PRNewswire/ -- ( http://www.myprgenie.com ) -- Insurance Networking News (INN) and Celent released INN's sixth annual technology solution provider ranking for the insurance ...

Wed, 16 May 2012 10:59:00 -0700

American Security Insurance Testifies at New York Hearing on Lender-Placed Insurance
NEW YORK, May 17, 2012 /PRNewswire/ -- Representatives of American Security Insurance Co., a unit of Assurant Specialty Property, told New York officials today that lender-placed insurance "fulfills ...

Thu, 17 May 2012 14:00:00 -0700