Trupanion pet insurer raises $9 million to improve customer service and widen sales force

The Trupanion pet insurance company has raised $9 million in financing, with funding coming primarily from the Highland Consumer Fund, but also from Maveron, a…

U.S. mortgage insurance on the brink of collapse, changes for the housing market loom

The U.S. mortgage insurance market is on the cusp of a major revolution, but not for the better. The problems stem from the 2008 worldwide…

Increased sales boost net income for Marsh & McLennan 2Q

Marsh & McLennan Co. has reported that its income had a significant increase in the 2011 second quarter as a result of a sudden boost…

ACIA announces acquisition of Fremont Insurance Company

Dearborn, Michigan-based Auto Club Insurance Association (ACIA) has announced its acquisition of the Fremont Insurance Company by way of a merger with Fremont’s parent company,…

Regardless of tornado losses, Allstate posts better results than predicted

The largest publicly traded American home and auto insurance company, Allstate Corp., has posted its losses for the second quarter, following catastrophe expenses that broke…

WellPoint shares drop following second quarter Medicare spending analysis

Shares of the health insurance company with the highest enrollment, WellPoint Inc., fell dramatically after the insurer announced that its second quarter medical care costs…