• St. Paul Travelers will stop paying contingent commissions to insurance agents and brokers by the start of 2008, according to a statement by Connecticut Attorney General Richard Blumenthal.

  • FRANKFURT (Reuters) - DaimlerChrysler will recover about 168 million euros ($221.5 million) from insurers in settling a dispute over the costs of a U.S. class-action lawsuit in 2003, a German newspaper reported on Tuesday.

  • It might be nice to have your medical records available online no matter where you are in the world. In case you get hurt or injured--a doctor in New York could look at your records if you're from say--California. But what if those records reveal medical secrets you'd rather NOT have opened--like psychiatric evaluations? This begs the question: what are the pros and cons of having electronic medical records?

  • Hannover Re to Sell Praetorian Financial Wednesday, 13 Dec 2006 | 6:42 AM ET

    Germany's Hannover Re AG said Wednesday it is selling its U.S.-based specialty insurer Praetorian Financial Group Inc. to Australia's QBE Insurance Group Ltd. for US$800 million (euro604.05 million).

  • WSJ's McDonald On Re-Insurer Stocks Wednesday, 6 Dec 2006 | 2:13 PM ET

    Bermuda based re-insurers were crushed by massive claims during last year's record hurricane season. But they've apparently bounced back to record billions in profits--thanks to almost no disaster claims this year. That's good news for share prices--but investors might what to look before they leap. In today's Stock Screener on "Power Lunch"--Ian McDonald from The Wall Street Journal gave a couple of his "picks."

  • Insurance Australia Group Ltd. has agreed to buy British auto insurance underwriter Equity Insurance Group for $1.13 billion, its second acquisition in the UK market.

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