Insurance News & Info

Florida Governor Rick Scott has chastised state lawmakers for failing to fully consider a controversial plan to use state premium tax credits to help shore-up the state’s homeowners’ reinsurance fund before attaching it to the state budget. Scott used his … View full post on Insurance Journal » News

WASHINGTON (Reuters) – The government's retirement benefits programs will run out of money three years earlier than previously thought, its trustees said on Monday, increasing the pressure on lawmakers to reform the federal safety net for mill… View full post on Yahoo! Health News

California’s State Compensation Insurance Fund is cancelling plans to lay off hundreds of workers, the Sacramento Bee is reporting. State Fund President and CEO Tom Rowe issued a message to staff that stated 1,300 workers have left since the state’s … View full post on Insurance Journal » News

[PR Newswire] – BOSTON, April 23, 2012 /PRNewswire/ — John Hancock Hedged Equity & Income Fund (NYSE: HEQ – News), a closed-end fund managed by John Hancock Advisers, LLC and subadvised by Wellington Management Company, LLP, announced … View full post on Yahoo! Finance: Life Insurance Industry News

Linda Tobias has been named territory sales director in Southern California at Novato, Calif.-based Fireman’s Fund Insurance Co. Tobias will assume the position for personal insurance with responsibility for agencies in the San Diego and the Los Angeles areas. She … View full post on Insurance Journal » News

Novato, Calif.-based  Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty have created an experienced underwriting team to further expand its entertainment division and capabilities in North America. With the addition of this team, Fireman’s Fund has … View full post on Insurance Journal » News

California’s State Compensation Insurance Fund released its annual report on Thursday showing just over $1 billion dollars in net premiums earned, a drop from 2010’s figures. State Fund reported adjusted actual net premiums earned of $1.002 billion for the year. … View full post on Insurance Journal » News

[Business Wire] – Prudential Real Estate Investors has completed the final close for its fourth senior housing fund, Senior Housing Partners IV, bringing the total amount to $568 million of discretionary capital secured from institutional investors. View full post on Yahoo! Finance: Life Insurance Industry News

Fireman’s Fund Insurance Co. in partnership with Allianz Global Corporate & Specialty, an Allianz affiliate company in Canada, has added an underwriting team to further expand its entertainment division and capabilities in North America. Led by Lynne Pepper, an entertainment … View full post on Insurance Journal » News

[Business Wire] – Prudential Investments Chairman, Judy Rice was recently honored with a lifetime achievement award at Fund Industry Intelligence’s 19th Annual Mutual Fund Industry Awards. Prudential Investments is the mutual fund family of Prudential Financial, Inc. View full post on Yahoo! Finance: Life Insurance Industry News