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S&P survey claims Spitzer probe will help industry

Three-quarters of insurance executives and analysts believe Attorney General Eliot Spitzer's investigations will help the industry in the long-run, according to a survey conducted at Standard & Poor's Rating Services (S&P) annual insurance conference.

Cornhill promotes recovery

Cornhill Direct has signed a three year contract with Mondial UK for roadside assistance and recovery, with the insurer rebranding its motor assistance service Cornhill Direct Rescue.

Amlin confirms Chaucer talks

Amlin this morning confirmed that it is in discussions about a possible recommended offer by Amlin for Chaucer, as revealed by Post Magazine yesterday.

Events

13-15 June The Association of Insurance and Risk Managers conference The Brighton Centre, Brighton...

Chaucer confirms takeover approach

Lloyd's insurer Chaucer this morning confirmed it has received a takeover offer for the company, in response to speculation about sharp rises in its share price.

Insurers sue over WTC shortfall claim

A group of 10 (re)insurers that includes members of Lloyd’s of London is suing the Port Authority of New York and New Jersey over a claim by the Authority that it is separately insured for a $2.1bn shortfall in Silverstein property insurance.

New entrant in price boast

Quinn Direct today revealed that it has acquired over 20 000 customers for its "low cost motor insurance" since its launch in the UK in early February 2005. The company said it is currently gaining around 1000 motor customers a week with half of its…

NU boss lauds Ebay potential

The head of one of the UK's leading affinity insurers has predicted that non-insurance internet brands are likely to represent one of the most fruitful areas moving forward.

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