MoneyExpert says six million Brits switch car insurer to avoid premium hikes

Sun Life Financial reports dip in Q1 earnings

Sun Life Financial has reported operating earnings of $533 million for the first quarter of 2008, compared to $558 million in the first quarter of 2007.

MetLife says 58% of working Americans have disability cover

The sixth annual MetLife Study of Employee Benefits Trends has revealed that only 58% of full-time employees in the US said that they have disability income insurance protection.

Citizens reports 12% surge in Q1 earnings

Citizens, an insurance holding company, has reported a net income of $2.7 million for the first quarter ended March 31, 2008, a 12.1% increase compared to a net income of $2.4 million during the same period in 2007.

AIG appoints new vice chairman of financial services

American International Group has appointed Steven Bensinger, executive vice president and CFO, as the new vice chairman of financial services business.

Security Capital Assurance reports Q1 loss

Security Capital Assurance has reported a net loss of 96.8 million for the first quarter of 2008, compared with a net income of $37.3 million for the comparable quarter of 2007.

Moneysupermarket says one in three drivers flout law to ensure payout

New research from Moneysupermarket.com has revealed that over 11 million British motorists would make a fraudulent claim to avoid jeopardizing their insurance claim.

Conseco reaches agreement with US insurance regulators

Conseco, the holding company of a group of insurance businesses, has announced a settlement among state insurance regulators and two of its insurance subsidiaries: Conseco Senior Health Insurance and Bankers Life and Casualty.

ProAssurance Q1 net income down

ProAssurance, a property and casualty insurance service provider, has reported net income of $35.87 million for the first quarter of 2008, compared to $36.09 million for the same quarter of 2007.

NationsHealth and CIGNA amend preferred vendor agreement

NationsHealth, a provider of medical products and prescription-related services, and CIGNA, a health services provider, have amended and restated an agreement under which NationsHealth provides services for CIGNA's Medicare Rx Medicare Part D Prescription Drug plan.

Great-West Life & Annuity announces management changes

Great-West Life Annuity Insurance has announced that Mitchell Graye has been named president and CEO of the company. He replaces Raymond McFeetors, who has been appointed chairman of the board.

Older employees without health care options defer retirement, says Watson Wyatt

A research analysis carried out by Watson Wyatt Worldwide, a global consulting firm, has found that older workers without other health care insurance options are more likely to defer retirement to stay covered under their employer's plan.

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