NEWARK, N.J., April 18 /PRNewswire/ -- New Jersey drivers have paid among the highest auto insurance rates in the country. But increasing competition can bring better service and lower rates to residents. That's the goal for the newest entrant to the market, Unitrin Direct. "Our business philosophy is consumer-driven," said Scott Carter, Unitrin Direct president. "Insuring your automobile should be simple and affordable. That's what New Jersey residents can expect from us." Up until 2003, th...

If you think you'd be more likely to have your motorcycle stolen if you lived in Chicago versus Wichita, who could blame you? After all, it's a much bigger city. The same goes for crashes; no one could fault you for assuming that the bigger the city, the more the traffic congestion and therefore the greater the odds of having an accident. But that's not always the case, according to The Progressive Group of Insurance Companies, which insures more motorcycles than any other insurance group in the...

Drive(R) Insurance from Progressive ("Drive") Group President Bob Williams rang The Closing Bell(TM) at The New York Stock Exchange on Thursday, January 12, 2006 to commemorate the one-year anniversary of the introduction of the brand designed to help independent agencies grow their business. Drive is the number one auto insurance brand sold by independent agencies countrywide, and Williams was joined on the podium by a number of independent insurance agents who represent the company. The Dr...

ERIE, Pa., Oct. 3 /PRNewswire/ -- Erie Insurance is making a number of rate reductions that will result in savings for its personal and commercial auto policyholders in the state of New York.The combined impact of rate actions proposed by Erie on its private passenger auto business will be a rate reduction totaling 6.5 percent, or a premium savings of over $4.7 million for Erie's personal auto policyholders. In addition, Erie announced that the company has filed for an 8.0 percent safe driver di...

AIG Auto Insurance today announced that it will lower auto insurance costs for more than 69,000 policyholders in New York. Beginning September 3, 2005, AIG Auto Insurance will implement a 4% rate decrease, which will lower auto insurance costs on over 105,000 vehicles and result in a savings of more than $6 million for New York drivers whose policies are underwritten by member companies of American International Group, Inc. (AIG). AIG Auto Insurance also announced it will begin offering a ne...

MAYFIELD VILLAGE, Ohio -- Earlier this week, the New York State legislature passed a bill that would put "file and serve" requirements into lower courts where they currently do not exist. If signed into law by the Governor, the bill will also institute an "expedited hearing" process in situations where no-fault automobile insurance disputes exist. File and serve is a practice currently followed in the state Supreme Court, commercial and small claims courts and requires that those bringing sui...

Earlier this week, the New York State legislature passed a bill that would put "file and serve" requirements into lower courts where they currently do not exist. If signed into law by the Governor, the bill will also institute an "expedited hearing" process in situations where no-fault automobile insurance disputes exist. File and serve is a practice currently followed in the state Supreme Court, commercial and small claims courts and requires that those bringing suit in the lower courts pur...

A.M. Best Co. has affirmed the financial strength rating of A (Excellent) of Fidelity and Guaranty Life Insurance Company (F&G Life) (Baltimore, MD) and its wholly-owned subsidiary, Fidelity and Guaranty Life Insurance Company of New York (F&G Life NY) (Purchase, NY). Concurrently, A.M. Best has assigned issuer credit ratings (ICR) of "a+" to both companies. The ratings of F&G Life reflect this organization's niche in the individual annuity market where it is a fixed and equity-indexed annuity m...

Aetna (NYSE: AET) announced today that John W. Rowe, M.D., Chairman and CEO of Aetna, is scheduled to make a presentation at the Sanford C. Bernstein & Co. 21st Annual Strategic Decisions Conference on June 2, 2005, in New York, NY. Aetna's presentation is scheduled to begin at 9:00 a.m. Eastern daylight time. Anyone listening to the Aetna presentation is encouraged to read Aetna's reports filed with the Securities and Exchange Commission for a discussion of Aetna's historical results of operati...

St. Paul Travelers (NYSE:STA) will host an Investor Conference on Tuesday, May 24, in New York City. The presentations will be available via live video beginning at approximately 12:20 p.m. ET on the investor section of the St. Paul Travelers Web site. Following the Web cast, the presentations and video replays of the conference will be available on the same site..... We are unable to display this entire news item because this article's licensing expires after a certain amount of time. This a...