Insurance News - Australian Insurance Stocks Rise on Promina Takeover; CSL Drops (Bloomberg.com)
Australian Insurance Stocks Rise on Promina Takeover; CSL Drops (Bloomberg.com)
Oct. 12 (Bloomberg) -- Australian insurance stocks gained after Suncorp-Metway Ltd. offered A$7.87 billion for Promina Group Ltd. in a bid to create the nation's largest auto and home insurer.
Government auto insurance delivers worst value for consumers (CNW Group via Yahoo! Finance)
Government-run auto insurance programs in British Columbia, Saskatchewan, and Manitoba perform worst in terms of cost, affordability, fair pricing and consumer choice, according to a new study comparing auto insurance markets in 61 international jurisdictions released today by The Fraser Institute.
21st Century Auto Insurance and New Jersey Insurance Commissioner to Brief Reporters (The Auto Channel)
WOODLAND HILLS, Calif.--21st Century Insurance Group Chief Executive Officer Bruce Marlow and New Jersey Insurance Commissioner Steven M. Goldman will hold a joint media teleconference Thursday, Oct. 12, at 1 p.m. EDT.