A California insurer said it is offering a "first-of-its-kind" product to manage commercial fleet safety and cut policy rates by placing dual GPS tracking units in vehicles.
New insurance purchasers ranked Erie Insurance highest in satisfaction for the second consecutive year, according to the new J.D. Power and Associates 2009 Insurance Shopping Study.
American International Group squared off in federal court last week with its former top executive, Maurice Greenberg, in a battle over ownership of a block of AIG stock shares originally intended to serve as incentive compensation for employees.
Language in a $30 million Lloyd's policy does not exempt the insurer from lost revenue claims from Taco Bell restaurant owners after a 2006 e-coli outbreak, a New Jersey Court has ruled.
Small-business insurer SME Insurance believes the launch of its new Web site, www.smeinsurance.com, will help customers meet the credit crunch head on.