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Jan. 19–Elephant Insurance, the Henrico County-based company that is a subsidiary of a British insurance giant, has signed deals that give it even more financial muscle. The company said yesterday th…  Read More →

Motor insurer, Admiral, has announced that its reinsurance agreement with Munich Re for its new car insurance operation in the US (Elephant Insurance) has been extended. Alongside the agreement, Hannover Re will take one-third of the group’s US risk and Admiral will retain the final third. The company has also extended its long-term coinsurance... 

TORONTO, March 1 /CNW/ – EGI Financial Holdings Inc., (TSX:EFH) (“EGI Financial” or “the Company”) is pleased to announce that the Company’s US-based subsidiary, Echelon Insurance Company of America (…  Read More →

It’s not alarmist to think that you’ll need long-term care in your lifetime. Among Americans who reach their 65th birthday, 45% will have to pay for some kind of long-term-care services, according to the actuarial firm Milliman.  Read More →

swiftcover.com has been named the UK’s best “Value for Money” car insurer for 2010, by visitors to Lovemoney.com. The website’s insurance buyers vote in the winner and according to swiftcover marketing director, Tina Shortle, the accolade is “particularly special” because consumers have the last say. She adds: “To... 

For anyone who plans on visiting the United States and driving a foreign vehicle, auto insurance is a must. Driving without insurance in another country can leave you seriously at risk. Fortunately, many US insurance companies offer their own form of short car insurance for visitors. It can typically be taken out for a period of 2-30 days. Foreigners... 

WESTLAKE VILLAGE, Calif., Feb. 11 /PRNewswire/ — Insurers whose agents are highly satisfied tend to receive a considerably greater share of business from those agents, according to the J.D. Power and…  Read More →

Echelon Insurance Company of America, a subsidiary of EGI Financial Holdings, has acquired all of the issued and outstanding shares of American Colonial Insurance Company.The purchase price is equal t…  Read More →

(Logo: http://www.newscom.com/cgi-bin/prnh/20050527/LAF028LOGO- a)The study finds that, on average, there is more than a 150-point gap in agency satisfaction between insurers who receive 5 percent or …  Read More →

Prudential is looking to acquire AIA, the Asian business of embattled US insurance giant, American International Group (AIG), the BBC has reported. Talks are understood to be at an advanced stage and a statement from Prudential on a £15 billion deal is expected in the days ahead. The group’s ambitions in Asian markets are well known; last... 

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