Home >Insurance Quotes Health > EMC Insurance Group Inc. Reports 2012 First Quarter Results - Yahoo Finance
EMC Insurance Group Inc. Reports 2012 First Quarter Results - Yahoo Finance
Posted on Thursday, May 10, 2012 by Insurance Quotes Health
DES MOINES, Iowa--(BUSINESS WIRE)--
EMC Insurance Group Inc. (Nasdaq:EMCI - News) today reported operating income of $1.04 per share for the first quarter ended March 31, 2012, compared to $0.03 per share for the first quarter of 20111.
Net income, including realized investment gains and losses, totaled $19,224,000 ($1.49 per share) for the first quarter of 2012 compared to $5,740,000 ($0.44 per share) for the first quarter of 2011.
"The Company experienced another strong quarter," stated Bruce G. Kelley, President and Chief Executive Officer. "Our property and casualty insurance segment and our reinsurance segment both benefited from increases in premium income and favorable reserve development."
Premiums earned increased 14.0 percent to $109,760,000 for the first quarter of 2012, from $96,287,000 for the first quarter of 2011. The property and casualty insurance segment reported a 10.0 percent increase in premiums earned, while the reinsurance segment reported a 30.3 percent increase.
"The increase in premium income in the property and casualty insurance segment is the result of several factors, including rate level increases in all lines of business, growth in insured exposures, and strong retention of policies," continued Kelley. "The large increase in the reinsurance segment was primarily driven by Employers Mutual's participation in a new offshore energy and liability proportional account written through a specialty marine underwriter, but also reflects double-digit rate level increases implemented on January 1, 2012 renewals as well. The new marine account is expected to generate between $17 and $21 million of annual premiums, which will more than offset the loss of a large account in the Mutual Reinsurance Bureau book of business that was cancelled in the first quarter of 2012 due to poor experience."
Investment income decreased 7.6 percent to $11,157,000 in the first quarter of 2012 from $12,078,000 in the first quarter of 2011. This decrease is attributed to the continued decline in the average coupon rate on the Company's fixed maturity portfolio, as well as an increase in short-term investments, which carry even lower yields.
"Investment income continues to decline as a result of the low interest rate environment that has persisted for the past several years," stated Kelley. "At the end of the first quarter, management reinvested approximately $35 million from the current equity portfolio and $10 million of cash into a new equity strategy with an emphasis on dividend income. In addition to a higher dividend return, this new equity strategy is expected to carry less market volatility."
Catastrophe losses totaled $9,703,000 ($0.49 per share after tax) in the first quarter of 2012 compared to $9,405,000 ($0.47 per share after tax) in the first quarter of 2011. On a segment basis, 2012 catastrophe losses amounted to $5,554,000 ($0.28 per share after taxes) in the property and casualty insurance segment and $4,149,000 ($0.21 per share after tax) in the reinsurance segment.
The Company experienced $16,263,000 ($0.82 per share after tax) of favorable development on prior years' reserves during the first quarter of 2012, compared to $3,907,000 ($0.20 per share after tax) in the first quarter of 2011. As in recent periods, the majority of the favorable development was associated with the final settlement of prior accident years' claims. The most recent actuarial analysis of the Company's carried reserves indicates a level of adequacy consistent with other recent evaluations.
Net realized investment gains totaled $5,797,000 ($0.45 per share) for the first quarter of 2012 compared to $5,368,000 ($0.42 per share) in 2011.
During the first quarter of 2012, the Company recognized no "other-than-temporary" investment impairment losses. This compares to $246,000 ($0.01 per share after tax) of "other-than-temporary" investment impairment losses in the first quarter of 2011.
Large losses (which the Company defines as losses greater than $500,000 for the EMC Insurance Companies' pool, excluding catastrophe losses) increased to $6,324,000 ($0.32 per share after tax) in the first quarter of 2012 from $4,037,000 ($0.20 per share after tax) in the first quarter of 2011.
The Company's GAAP combined ratio was 92.4 percent in the first quarter of 2012 compared to 112.7 percent in the first quarter of 2011.
At March 31, 2012, consolidated assets totaled $1.3 billion, including $1.2 billion in the investment portfolio, and stockholders' equity totaled $375.9 million, an increase of 6.7 percent from December 31, 2011. Net book value of the Company's stock increased to $29.18 per share from $27.37 per share at December 31, 2011. Book value excluding accumulated other comprehensive income increased to $26.54 per share from $25.24 per share at December 31, 2011.
Management's 2012 operating income guidance is currently a range of $1.30 to $1.55 per share, and is based on a projected GAAP combined ratio of 104.9 percent for the year. As noted in the Company's April 23 pre-release of first quarter operating results, management is not revising its 2012 operating earnings guidance at this time because operating results in the second and third quarters can be extremely volatile depending on the frequency and severity of Midwest storms, and the potential for hurricane losses.
As previously disclosed, on November 3, 2011 the Company's board of directors authorized a new $15 million stock repurchase program. This program became effective immediately and does not have an expiration date. The timing and terms of the purchases are determined by management based on market conditions and are conducted in accordance with the applicable rules of the Securities and Exchange Commission. Common stock repurchased under this new program will be retired by the Company. No shares were repurchased under this new program during the first quarter of 2012.
The Company's parent organization, Employers Mutual Casualty Company, currently has a stock purchase program in place, with about $4.5 million of its $15 million authorization remaining. This program has been dormant and will remain so while the Company's new repurchase program is active.
The Company will hold an earnings teleconference call at 11:00 a.m. Eastern Standard Time on May 8, 2012 to allow securities analysts, stockholders and other interested parties the opportunity to hear management discuss the Company's results for the quarter, as well as its expectations for the rest of 2012. Dial-in information for the call is toll-free 1-877-407-9205 (International: 1-201-689-8054). The event will be archived and available for digital replay through August 7, 2012. The replay access information is toll-free 1-877-660-6853 (International: 1-201-612-7415); passcodes required for playback: account number 286 and conference ID number 391452.
Members of the news media, investors and the general public are invited to access a live webcast of the conference call via the Company's investor relations page at www.emcins.com/ir. The webcast will be archived and available for replay until August 8, 2012. A transcript of the teleconference will also be available on the Company's website shortly after the completion of the teleconference.
ABOUT EMCI: EMC Insurance Group Inc. is a publicly held insurance holding company with operations in property and casualty insurance and reinsurance, which was formed in 1974 and became publicly held in 1982. The Company's common stock trades on the Global Select Market tier of the NASDAQ OMX Stock Market under the symbol EMCI. EMCI's parent company is Employers Mutual Casualty Company (EMCC). EMCI and EMCC, together with their subsidiary and affiliated companies, conduct operations under the trade name EMC Insurance Companies. Additional information regarding EMC Insurance Companies may be found at www.emcins.com.
FORWARD-LOOKING STATEMENTS: The Private Securities Litigation Reform Act of 1995 provides issuers the opportunity to make cautionary statements regarding forward-looking statements. Accordingly, any forward-looking statement contained in this report is based on management's current beliefs, assumptions and expectations of the Company's future performance, taking into account all information currently available to management. These beliefs, assumptions and expectations can change as the result of many possible events or factors, not all of which are known to management. If a change occurs, the Company's business, financial condition, liquidity, results of operations, plans and objectives may vary materially from those expressed in the forward-looking statements. The risks and uncertainties that may affect the actual results of the Company include, but are not limited to, the following:
- catastrophic events and the occurrence of significant severe weather conditions;
- the adequacy of loss and settlement expense reserves;
- state and federal legislation and regulations;
- changes in the property and casualty insurance industry, interest rates or the performance of financial markets and the general economy;
- rating agency actions;
- "other-than-temporary" investment impairment losses; and
- other risks and uncertainties inherent to the Company's business, including those discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K.
Management intends to identify forward-looking statements when using the words "believe," "expect," "anticipate," "estimate," "project," or similar expressions. Undue reliance should not be placed on these forward-looking statements.
¹The Company uses a non-GAAP financial measure called "operating income" that management believes is useful to investors because it illustrates the performance of our normal, ongoing operations, which is important in understanding and evaluating our financial condition and results of operations. While this measure is consistent with measures utilized by investors to evaluate performance, it is not a substitute for the GAAP financial measure of net income. Therefore, the Company has provided the following reconciliation of the non-GAAP financial measure of operating income to the GAAP financial measure of net income. Management also uses non-GAAP financial measures for goal setting, determining employee and senior management awards and compensation, and evaluating performance.
Reconciliation of operating income to net income:
Three Months Ended March 31, | ||||||
2012 | 2011 | |||||
Operating income | $ | 13,426,821 | $ | 372,011 | ||
Net realized investment gains | 5,796,914 | 5,367,827 | ||||
Net income | $ | 19,223,735 | $ | 5,739,838 | ||
CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED | ||||||||||||||||
Property and | ||||||||||||||||
Casualty | Parent | |||||||||||||||
Quarter ended March 31, 2012 | Insurance | Reinsurance | Company | Consolidated | ||||||||||||
Revenues: | ||||||||||||||||
Premiums earned | $ | 85,031,390 | $ | 24,728,366 | $ | - | $ | 109,759,756 | ||||||||
Investment income, net | 8,175,127 | 2,983,925 | (2,270 | ) | 11,156,782 | |||||||||||
Other income | 238,998 | - | - | 238,998 | ||||||||||||
93,445,515 | 27,712,291 | (2,270 | ) | 121,155,536 | ||||||||||||
Losses and expenses: | ||||||||||||||||
Losses and settlement expenses | 52,018,253 | 13,222,036 | - | 65,240,289 | ||||||||||||
Dividends to policyholders | 1,651,525 | - | - | 1,651,525 | ||||||||||||
Amortization of deferred policy acquisition costs | 14,619,935 | 4,594,443 | - | 19,214,378 | ||||||||||||
Other underwriting expenses | 14,841,655 | 416,214 | - | 15,257,869 | ||||||||||||
Interest expense | 225,000 | - | - | 225,000 | ||||||||||||
Other expenses | 219,164 | 19,765 | 347,588 | 586,517 | ||||||||||||
83,575,532 | 18,252,458 | 347,588 | 102,175,578 | |||||||||||||
Operating income (loss) before income taxes | 9,869,983 | 9,459,833 | (349,858 | ) | 18,979,958 | |||||||||||
Realized investment gains | 7,904,789 | 1,013,540 | - | 8,918,329 | ||||||||||||
Income (loss) before income taxes | 17,774,772 | 10,473,373 | (349,858 | ) | 27,898,287 | |||||||||||
Income tax expense (benefit): | ||||||||||||||||
Current | 5,313,503 | 2,423,749 | (122,450 | ) | 7,614,802 | |||||||||||
Deferred | 138,017 | 921,733 | - | 1,059,750 | ||||||||||||
5,451,520 | 3,345,482 | (122,450 | ) | 8,674,552 | ||||||||||||
Net income (loss) | $ | 12,323,252 | $ | 7,127,891 | $ | (227,408 | ) | $ | 19,223,735 | |||||||
Average shares outstanding | 12,879,020 | |||||||||||||||
Per Share Data: | ||||||||||||||||
Net income (loss) per share - basic and diluted | $ | 0.96 | $ | 0.55 | $ | (0.02 | ) | $ | 1.49 | |||||||
Decrease in provision for insured events | ||||||||||||||||
of prior years (after tax) | $ | 0.53 | $ | 0.29 | $ | - | $ | 0.82 | ||||||||
Catastrophe and storm losses (after tax) | $ | (0.28 | ) | $ | (0.21 | ) | $ | - | $ | (0.49 | ) | |||||
Dividends per share | $ | 0.20 | ||||||||||||||
Book value per share | $ | 29.18 | ||||||||||||||
Effective tax rate | 31.1 | % | ||||||||||||||
Annualized net income as a percent of beg. SH equity | 21.8 | % | ||||||||||||||
Other Information of Interest: | ||||||||||||||||
Net written premiums | $ | 85,895,096 | $ | 22,076,663 | $ | - | $ | 107,971,759 | ||||||||
Decrease in provision for insured events | ||||||||||||||||
of prior years | $ | (10,504,577 | ) | $ | (5,758,196 | ) | $ | - | $ | (16,262,773 | ) | |||||
Catastrophe and storm losses | $ | 5,554,285 | $ | 4,148,904 | $ | - | $ | 9,703,189 | ||||||||
GAAP Combined Ratio: | ||||||||||||||||
Loss ratio | 61.2 | % | 53.5 | % | - | 59.4 | % | |||||||||
Expense ratio | 36.6 | % | 20.2 | % | - | 33.0 | % | |||||||||
97.8 | % | 73.7 | % | - | 92.4 | % | ||||||||||
CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED | ||||||||||||||||
Property and | ||||||||||||||||
Casualty | Parent | |||||||||||||||
Quarter Ended March 31, 2011 (restated)* | Insurance | Reinsurance | Company | Consolidated | ||||||||||||
Revenues: | ||||||||||||||||
Premiums earned | $ | 77,311,292 | $ | 18,975,522 | $ | - | $ | 96,286,814 | ||||||||
Investment income, net | 8,897,650 | 3,180,547 | 398 | 12,078,595 | ||||||||||||
Other income | 203,830 | - | - | 203,830 | ||||||||||||
86,412,772 | 22,156,069 | 398 | 108,569,239 | |||||||||||||
Losses and expenses: | ||||||||||||||||
Losses and settlement expenses | 51,167,688 | 22,201,913 | - | 73,369,601 | ||||||||||||
Dividends to policyholders | 2,512,969 | - | - | 2,512,969 | ||||||||||||
Amortization of deferred policy acquisition costs | 13,426,533 | 4,022,549 | - | 17,449,082 | ||||||||||||
Other underwriting expenses | 14,624,767 | 560,584 | - | 15,185,351 | ||||||||||||
Interest expense | 225,000 | - | - | 225,000 | ||||||||||||
Other expenses | 162,716 | 421,286 | 348,376 | 932,378 | ||||||||||||
82,119,673 | 27,206,332 | 348,376 | 109,674,381 | |||||||||||||
Operating income (loss) before income taxes | 4,293,099 | (5,050,263 | ) | (347,978 | ) | (1,105,142 | ) | |||||||||
Realized investment gains | 6,353,354 | 1,904,842 | - | 8,258,196 | ||||||||||||
Income (loss) before income taxes | 10,646,453 | (3,145,421 | ) | (347,978 | ) | 7,153,054 | ||||||||||
Income tax expense (benefit): | ||||||||||||||||
Current | 2,831,702 | (1,092,835 | ) | (121,792 | ) | 1,617,075 | ||||||||||
Deferred | 135,679 | (339,538 | ) | - | (203,859 | ) | ||||||||||
2,967,381 | (1,432,373 | ) | (121,792 | ) | 1,413,216 | |||||||||||
Net income (loss) | $ | 7,679,072 | $ | (1,713,048 | ) | $ | (226,186 | ) | $ | 5,739,838 | ||||||
Average shares outstanding | 12,935,554 | |||||||||||||||
Per Share Data: | ||||||||||||||||
Net income (loss) per share - basic and diluted | $ | 0.59 | $ | (0.13 | ) | $ | (0.02 | ) | $ | 0.44 | ||||||
Decrease (increase) in provision for insured | ||||||||||||||||
events of prior years (after tax) | $ | 0.24 | $ | (0.04 | ) | $ | - | $ | 0.20 | |||||||
Catastrophe and storm losses (after tax) | $ | (0.17 | ) | $ | (0.30 | ) | $ | - | $ | (0.47 | ) | |||||
Dividends per share | $ | 0.19 | ||||||||||||||
Book value per share | $ | 28.15 | ||||||||||||||
Effective tax rate | 19.8 | % | ||||||||||||||
Annualized net income as a percent of beg. SH equity | 6.3 | % | ||||||||||||||
Other Information of Interest: | ||||||||||||||||
Net written premiums | $ | 76,628,300 | $ | 20,156,866 | $ | - | $ | 96,785,166 | ||||||||
Increase (decrease) in provision for | ||||||||||||||||
insured events of prior years | $ | (4,682,025 | ) | $ | 774,736 | $ | - | $ | (3,907,289 | ) | ||||||
Catastrophe and storm losses | $ | 3,423,338 | $ | 5,981,344 | $ | - | $ | 9,404,682 | ||||||||
GAAP Combined Ratio: | ||||||||||||||||
Loss ratio | 66.2 | % | 117.0 | % | - | 76.2 | % | |||||||||
Expense ratio | 39.5 | % | 24.2 | % | - | 36.5 | % | |||||||||
105.7 | % | 141.2 | % | - | 112.7 | % | ||||||||||
*Amounts restated, where applicable, for new accounting guidance regarding deferrable acquisition costs (effective January 1, 2012). | ||||||||||||||||
CONSOLIDATED BALANCE SHEETS - UNAUDITED | ||||||||
March 31, | December 31, | |||||||
2012 | 2011* | |||||||
ASSETS | ||||||||
Investments: | ||||||||
Fixed maturities: | ||||||||
Securities available-for-sale, at fair value | ||||||||
(amortized cost $857,820,238 and $899,939,616) | $ | 922,004,894 | $ | 958,203,576 | ||||
Equity securities available-for-sale, at fair value | ||||||||
(cost $106,958,665 and $90,866,131) | 131,049,385 | 111,300,053 | ||||||
Other long-term investments, at cost | 12,903 | 14,527 | ||||||
Short-term investments, at cost | 101,770,552 | 42,628,926 | ||||||
Total investments | 1,154,837,734 | 1,112,147,082 | ||||||
Cash | 424,315 | 255,042 | ||||||
Reinsurance receivables due from affiliate | 39,646,296 | 39,517,108 | ||||||
Prepaid reinsurance premiums due from affiliate | 7,131,407 | 9,378,026 | ||||||
Deferred policy acquisition costs (affiliated $30,789,364 | ||||||||
and $30,849,717) | 31,044,881 | 30,849,717 | ||||||
Accrued investment income | 10,457,901 | 10,256,499 | ||||||
Accounts receivable | 2,156,360 | 1,644,782 | ||||||
Income taxes recoverable | 2,054,688 | 9,670,459 | ||||||
Deferred income taxes | 2,065,055 | 6,710,919 | ||||||
Goodwill | 941,586 | 941,586 | ||||||
Other assets (affiliated $6,240,825 and $2,584,111) | 6,406,549 | 2,659,942 | ||||||
Total assets | $ | 1,257,166,772 | $ | 1,224,031,162 | ||||
LIABILITIES | ||||||||
Losses and settlement expenses (affiliated $582,158,934 | ||||||||
and $588,846,586) | $ | 586,913,370 | $ | 593,300,247 | ||||
Unearned premiums (affiliated $176,759,939 and $180,689,377) | 176,852,210 | 180,689,377 | ||||||
Other policyholders' funds (all affiliated) | 4,884,098 | 5,061,160 | ||||||
Surplus notes payable to affiliate | 25,000,000 | 25,000,000 | ||||||
Amounts due affiliate to settle inter-company transaction balances | 5,997,017 | 21,033,627 | ||||||
Pension and postretirement benefits payable to affiliate | 31,005,479 | 29,671,835 | ||||||
Other liabilities (affiliated $11,604,219 and $16,744,447) | 50,657,596 | 16,934,321 | ||||||
Total liabilities | 881,309,770 | 871,690,567 | ||||||
STOCKHOLDERS' EQUITY | ||||||||
Common stock, $1 par value, authorized 20,000,000 | ||||||||
shares; issued and outstanding, 12,882,331 | ||||||||
shares in 2012 and 12,875,591 shares in 2011 | 12,882,331 | 12,875,591 | ||||||
Additional paid-in capital | 88,513,103 | 88,310,632 | ||||||
Accumulated other comprehensive income (loss): | ||||||||
Net unrealized gains from investments | 57,378,993 | 51,153,622 | ||||||
Unrecognized pension and postretirement benefit obligations | ||||||||
(all affiliated) | (23,378,556 | ) | (23,813,112 | ) | ||||
Total accumulated other comprehensive income | 34,000,437 | 27,340,510 | ||||||
Retained earnings | 240,461,131 | 223,813,862 | ||||||
Total stockholders' equity | 375,857,002 | 352,340,595 | ||||||
Total liabilities and stockholders' equity | $ | 1,257,166,772 | $ | 1,224,031,162 | ||||
* | Prior year amounts restated, where applicable, for new accounting guidance regarding deferrable acquisition costs (effective January 1, 2012). | |
INVESTMENTS
The Company had total cash and invested assets with a carrying value of $1.2 billion and $1.1 billion as of March 31, 2012 and December 31, 2011. The following table summarizes the Company's cash and invested assets as of the dates indicated:
March 31, 2012 | |||||||||||||
Percent of | |||||||||||||
Amortized | Fair | Total | Carrying | ||||||||||
($ in thousands) | Cost | Value | Fair Value | Value | |||||||||
Fixed maturity securities available-for-sale | $ | 857,820 | $ | 922,005 | 79.9% | $ | 922,005 | ||||||
Equity securities available-for-sale | 106,959 | 131,049 | 11.3% | 131,049 | |||||||||
Cash | 424 | 424 | - | 424 | |||||||||
Short-term investments | 101,771 | 101,771 | 8.8% | 101,771 | |||||||||
Other long-term investments | 13 | 13 | - | 13 | |||||||||
$ | 1,066,987 | $ | 1,155,262 | 100.0% | $ | 1,155,262 | |||||||
December 31, 2011 | |||||||||||||
Percent of | |||||||||||||
Amortized | Fair | Total | Carrying | ||||||||||
($ in thousands) | Cost | Value | Fair Value | Value | |||||||||
Fixed maturity securities available-for-sale | $ | 899,940 | $ | 958,204 | 86.1% | $ | 958,204 | ||||||
Equity securities available-for-sale | 90,866 | 111,300 | 10.0% | 111,300 | |||||||||
Cash | 255 | 255 | - | 255 | |||||||||
Short-term investments | 42,629 | 42,629 | 3.9% | 42,629 | |||||||||
Other long-term investments | 14 | 14 | - | 14 | |||||||||
$ | 1,033,704 | $ | 1,112,402 | 100.0% | $ | 1,112,402 | |||||||
NET WRITTEN PREMIUMS | |||||||||||||
Three Months Ended | |||||||||||||
March 31, 2012 | |||||||||||||
Percent of | |||||||||||||
Increase/ | |||||||||||||
Percent of | (Decrease) in | ||||||||||||
Net Written | Net Written | ||||||||||||
Premiums | Premiums | ||||||||||||
Property and Casualty Insurance | |||||||||||||
Commercial Lines: | |||||||||||||
Automobile | 17.9 | % | 17.2 | % | |||||||||
Liability | 15.9 | % | 14.7 | % | |||||||||
Property | 17.0 | % | 9.9 | % | |||||||||
Workers' Compensation | 16.2 | % | 14.2 | % | |||||||||
Other | 1.6 | % | 5.4 | % | |||||||||
Total Commercial Lines | 68.6 | % | 13.7 | % | |||||||||
Personal Lines: | |||||||||||||
Automobile | 6.5 | % | 1.9 | % | |||||||||
Property | 4.4 | % | 3.8 | % | |||||||||
Liability | 0.1 | % | 14.2 | % | |||||||||
Total Personal Lines | 11.0 | % | 2.8 | % | |||||||||
Total Property and Casualty Insurance | 79.6 | % | 12.1 | % | |||||||||
Reinsurance (1) (2) | 20.4 | % | 14.8 | % | |||||||||
Total | 100.0 | % | 12.6 | % | |||||||||
(1) | Includes $3,065,279 negative portfolio adjustment related to the January 1, 2012 cancellation of a large pro rata account. | |
(2) | Percent increase excludes $920,597 positive portfolio adjustment related to the January 1, 2011 increased participation in the MRB pool. | |
10 May, 2012
-
Source: http://finance.yahoo.com/news/emc-insurance-group-inc-reports-103000777.html
--
Manage subscription | Powered by rssforward.com
Blog Archive
-
▼
2012
(463)
-
▼
May
(449)
- [insurance quotes health] New comment on Liquor Li...
- American Integrity Insurance Achieves Company Reco...
- Backers of health insurance rate regulation edge c...
- Backers of health insurance rate regulation edge c...
- KCPD Releases Pics In Insurance Office Burglary - ...
- Group gathers enough signatures for insurance rate...
- A.M. Best Affirms Ratings of Ardellis Insurance Lt...
- AM Best Affirms Ratings of Ardellis Insurance Ltd....
- Farmers Insurance Announces Partnership With the G...
- five Things to consider When Shopping for South Fl...
- Doctors, Healthcare Providers Denounce Proposed He...
- Costco Heads To $91 Selling Health Insurance Along...
- Price-Gouged Patients, Insurance Commissioner & Co...
- Farmers Insurance Announces Partnership With the G...
- Farmers Insurance Announces Partnership With the G...
- Price-Gouged Patients, Insurance Commissioner … - ...
- Flood Insurance Program Still in Limbo - Wall Stre...
- Flood Insurance Program Still in Limbo - Wall Stre...
- Friday Business Update: Facebook finally goes publ...
- NY hearings on 'forced' insurance in foreclosure -...
- Fate of 'uninsurables' hinges on Supreme Court - N...
- VIDEO: Special counsel and insurance counsel intro...
- Basler Sees Serbian Insurance Market Doubling in S...
- AM Best Affirms Ratings of Jupiter Insurance Limit...
- Michigan CO-OP Awarded $72 Million to Provide Heal...
- Spanish Debt Insurance Costs Hit New High - Wall S...
- Woodhome Insurance Group Offers Comprehensive Insu...
- Michigan CO-OP Awarded $72 Million to Provide Heal...
- Catholic college dropping student health-insurance...
- Fate of 'uninsurables' hinges on Supreme Court - C...
- Travel Insured is Named the 2012 US Insurance Prov...
- Basler Sees Serbian Insurance Market Doubling in S...
- ING's Asia life insurance sale shifts into top gea...
- NY hearings on 'forced' insurance in foreclosure -...
- Travel insurance FAQ: Buying a policy, filing clai...
- Scars from Hurricane Andrew still haunt Florida's ...
- Travel insurance FAQ: Buying a policy, filing clai...
- NY hearings on 'forced' insurance in foreclosure -...
- The Health Insurance Group Completes its Company P...
- CORRECTED-UPDATE 1-ING's Asia life insurance sale ...
- MetLife China sees strong insurance demand - Marke...
- Do You Need A Rental Car Insurance Policy? - 1UP.COM
- UPDATE 1-Reinsurer Axis Capital names XL Insurance...
- ACE Announces New Leaders for UK and Ireland Retai...
- MetLife China sees strong insurance demand - Marke...
- Local windstorm insurance board member, legislator...
- House insurance gouge puts homes in danger - New Y...
- Bids for ING's Asian Life Insurance Due Friday - W...
- State Farm Insurance pays $109M for dog bite claim...
- Ohio school cuts insurance, birth control coverage...
- Citizens Property Insurance's board chairman wants...
- One Year After Joplin Tornadoes $2.16 Billion In I...
- Arizona eyes new role on health insurance reviews ...
- NY hearings on 'forced' insurance in foreclosure -...
- Bids for ING's Asian Life Insurance Due Friday - W...
- Arizona eyes new role on health insurance reviews ...
- For Disability Insurance Awareness Month, MR Insur...
- MADD Canada Urges Canadians to Keep This Long Week...
- 30-day flood insurance program extension to be vot...
- Life Insurance Providers Could Benefit by Increasi...
- 30-day flood insurance program extension to be vot...
- New Citizens insurance customers could face 56 per...
- Does it make sense to buy cancer insurance? - Fox ...
- TEXT-S&P summary: Gulf Insurance Co. KSC - Reuters
- Life Insurance Providers Could Benefit by Increasi...
- Allstate Insurance Company Files $14 Million Insur...
- Bring the insurance back to employment insurance -...
- Chicago man gets 3 years in insurance fraud case -...
- Texas Windstorm Insurance board approves 5 percent...
- Dog bite claims cost insurers $497M in 2011, insur...
- Apollo Munich offers affordable health insurance s...
- Citizens Insurance challenges law on rate hikes - ...
- Health Insurance Infographics By HealthCompare Are...
- Miami has highest healthcare costs in country for ...
- Understanding Health Insurance Exchanges - Medscape
- U.S. Rep Miller: We Need to Eliminate the National...
- State receives new grant for health insurance mark...
- Insurance Networking News, Celent Announce Top Tec...
- Bring the insurance back to employment insurance -...
- New Citizens insurance customers could face 54 per...
- Spanish Debt Insurance Costs Rise, Bond Auction Ey...
- European Debt Insurance Costs Rise Ahead Of Spanis...
- Insurance Australia considers sale of UK assets - ...
- Moneymaxim Re-launch Updated car Hire Insurance Co...
- Insurance Commissioner Dave Jones Announces Good N...
- According to CheapAutoInsurance.org California Adj...
- State Farm Insurance paid $109 million for dog bit...
- State Farm Insurance paid $109 million for dog bit...
- Healthcare Business News Insurance exchanges could...
- Storms a year ago among most costly ever, insuranc...
- Ambac Judge Asked by Wisconsin Insurance Chief to ...
- Health Insurance Infographics By HealthCompare Are...
- Dhipaya Insurance, Seafco, Tata Steel: Thailand Eq...
- Insurance Australia may sell U.K. operations - Mar...
- Long-Term Care Insurance Set to Expand Rapidly as ...
- Fifth insurance bill passes Legislature - Everythi...
- Dhipaya Insurance, Seafco, Tata Steel: Thailand Eq...
- Insurance Australia Considers Selling UK Operation...
- Scammers collected insurance on same burned furnit...
- Insurance Commissioner Dave Jones Announces Good N...
-
▼
May
(449)