Sears, an American retailer, assembled a clutch of brokerage, insurance and property companies in the 1980s hoping, as wags put it, to sell everything from socks to stocks.
On Thuesday, the company said it would combine the employee benefits of its property insurance unit Chartis and life insurance business American General into a new unified employee benefits organization, named AIG Benefit Solutions.
Company profit margins for all kinds of property and casualty insurance from 2003-2010 match historic averages, according to the Insurance Service Office, which compiles data.
The Hartford writes several lines of property and casualty insurance.
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And it added strong positions in both life and non-life insurance in the German market, Europe's largest, to its roster of leading market shares in life and property insurance in Italy, Austria, Hungary, Israel and Spain.
Paul Travelers is a leading provider of commercial property-liability insurance and asset management services.
The next time you drive and are tempted to top the posted limit, ask yourself if the risk of tickets, increased insurance premiums, property damage, or injuring or killing another person is worth arriving at your destination just a few minutes sooner.
The drop in profitability appears to be a function not of the health insurance segment, which reported the same margin as last year, but of the smaller business that sells disability, property and other insurance.
It has come to the point where it is cheaper to rent - short-term and long-term - because you need to factor in the closing costs, maintenance, insurance, property taxes, all those kinds of things that you're not necessarily have to worry about when you rent.
Colonial Mutual Life, one of Australia's oldest insurance companies, bought the site on which the eyesores stand at the height of a property boom in the late 1980s and pulled down a strip of crude, modern buildings.
Flood coverage isn't part of regular homeowners-insurance policies, which cover property damage from such things as fallen trees, wind and fires.
In our society many of us are comfortable paying for property insurance (car, home, etc) and writing off the sure loss as payment for financial security in case of an accident.
Canadians who take out mortgages worth more than 80% of the value of the property must also take out insurance against default from a federal agency, the Canada Mortgage and Housing Corporation.
The payoff from peace is realized not just from the absence of mass killing and destruction of property and vital infrastructure but also in the avoidance of trade cutoffs and imposition of insurance and debt premiums.
Be prepared to give your agent or insurance company representative a detailed description of the damage to your property.
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That runs against a provision in property insurance saying that insurers need to be notified of any claim as soon as practicable.
It recently acquired a 20 percent interest in Dazhong Insurance, a property and casualty insurer backed by the city of Shanghai, where Starr began his company in 1919.
Originally dealing in savings and loans, American Financial Group later branched out into property and casualty insurance and annuities with the acquisition of Great American Insurance Company in 1973.
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Some property owners without flood insurance (which mortgage lenders require of most people living in flood-plains) will get relief from a federal disaster-loan programme.
Since more than 10% of the workforce of the San Francisco peninsula is employed in finance, insurance and property, more such consolidations could have a huge impact on the local economy.
He adds that it should be for people who have exhausted all of their other options and want to remain in their homes for the duration of their lives despite expenses such as property taxes, insurance and home maintenance.
Commercial property insurance policies are about as murky as the swamped streets of New Orleans.
The Retail International segment comprises of bancassurance activities in foreign markets and insurance products such as car, property and casualty, marine, and fire insurance.
Is a government authorized to ration medical care and force individuals to purchase health insurance against their will consistent with even a minimal notion of privacy, private property and economic freedom?
Insurance companies have a pretty good idea of the risk of insuring a specific individual and property.
Lots of other businesses spanning brokerage, annuities, property and casualty, mortgage insurance and so on, are all theoretically on the block.
The nature of insurance means that companies can generally control their exposure to catastrophic risks: most property and casualty policies last only one year, and many firms have limits on exposure.
His top choices in the group are Hartford Financial Services (HIG), one of the largest U.S. multi-line insurance holding companies and a leading property-and-casualty insurer, and Prudential Financial (PRU), which provides a wide range of insurance, investment management, and other financial products and services.
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Conservative investing and disciplined underwriting helped insurance biggie Chubb ( CB) ride out the recent financial storm better than a number of its property-casualty rivals.
Ping An and other insurers are also expected to benefit when China's insurance regulator allows them to place more of their investments into higher-yielding assets like equity and property.
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