Insurance News & Info

Alleghany Corp. said its stockholders voted on Monday to approve the previously announced merger agreement with Transatlantic Holdings. Under the deal, as described in the merger agreement between Alleghany and Transatlantic last November, Transatlantic will be acquired and become an … View full post on Insurance Journal » News

Alleghany Corp. said its stockholders voted on Monday to approve the previously announced merger agreement with Transatlantic Holdings. Under the deal, as described in the merger agreement between Alleghany and Transatlantic last November, Transatlantic will be acquired and become an … View full post on Insurance Journal » News

The Virginia State Corporation Commission approved on Thursday revisions to the premium levels charged for workers’ comp insurance in Virginia. The changes will become effective April 1, 2012, for new and renewal workers’ comp policies. The approved changes will increase … View full post on Insurance Journal » News

Shareholders of Fremont Michigan InsuraCorp Inc. have approved the previously announced merger agreement with Auto Club Insurance Association. Based upon the preliminary tally of shares voted at the special meeting of shareholders, 1,358,246, or 76.1 percent, of the outstanding voting … View full post on Insurance Journal » News

Natural sweeteners derived from the stevia plant could be authorized for EU-wide use by the end of the year, after governments approved their sale in certain foodstuffs, the European Union's executive said on Tuesday. View full post on Yahoo! Health News

[Business Wire] – MetLife, Inc. announced that the company’s shareholders today approved all of the proposals presented for vote at MetLife’s 2011 annual meeting. View full post on Yahoo! Finance: Life Insurance Industry News

Now, the mandatory auto insurance premiums will be rolled back as the State Senate & the House has approved a bill. In 2009 as per the law there was a hike in auto insurance premiums for some of the motorists. It is important to have a better understanding of what this law entails for motorists. [...]

Orexigen Therapeutics Inc. shares plunged nearly 75 percent in pre-market trading Tuesday after U.S. health officials declined to approve the experimental weight loss pill Contrave. View full post on Yahoo! Health News

[Business Wire] – Prudential Fixed Income announced today that Aladdin Capital Management UK LLP, a subsidiary of Aladdin Capital Holding LLC, a U.S.-based investment banking and management company, has assigned its rights and obligations under a collateral management agreement with Hudson CLO I B.V. to its U.K.-based asset management business, Pramerica Investment Management Limited. View [...]

The U.S. Food and Drug Administration declined to approve Alimera Sciences Inc's experimental drug to treat retinal swelling in its current form, sending the biopharmaceutical company's shares down 41 percent in after-market trade. View full post on Yahoo! Health News