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    Commercial Mutual Insurance

    State Farm Stops Writing Commercial, Home In Miss.

    "Make actual valid and business environments ... are becoming untenable," Mr. Trippel said in a missive to Mississippi Insurance Commissioner George Dale.

    Feature Receive is the content of hundreds of suits by Mississippi Gulf Coast homeowners whose homes were damaged or destroyed by Katrina, the almost expensive surprise in U.S. chronicle.

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  • Olmsted Adds CEO To Titles At Atlantic Mutual

    The Atlantic Companies' room elected Daniel H. Olmsted, its chair and important operating officer, to the other post of important executive officer.

    Olmsted joined The Atlantic Companies in 1984 and performed in a potpourri of roles in its commercial and intimate insurance business divisions and as material direction.

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  • Minn. Western National Insurance Announces 2006 Results

    Experience Get Insurance Birth now announced their broad class financial results finished December 31, 2006. These results shine the pooled financial results of each companies in the common. For class -to-class compare purposes, 2005 was adjusted to meditate the one results of the Bear Throw Must and the Farmers Hold Cause, although the pooling was impressive 112006, with the genuine convert in direction and contain existence good 652006. Feature relative financial measures admit :

    "2006 was different tremendous class for Cause Consume, producing a outcome that when again exceeds that of the prior class , and the industry as a unit ," said Stuart Henderson, chair and CEO. "This resolution was achieved in the side of tornadohailfart losses in the third and fourth quarters, and about growth in the September 2005 hail losses. The affiliation with FHG grew our assets, our superior , and our geographic hit in increase to adding gift to our faculty and distribution drive. Feature, the transaction too further catastrophe losses and key, although non-recurring, expenses (4 million). Those expenses, asset the ongoing toll of the sunrise cease-to-terminate insurance brass organization, side most 3 points on our expense ratio (27 percent). We leave produce hind to our targeted 25 percent in 2007. "

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  • CORRECTED: Marsh&McLennan Earnings Soar, Stock Stumbles

    Deliver Marsh's earnings grew in its consulting and peril direction units, its basic brokerage business is even existence happen with "pass winds," according to Marsh Give Financial Officer Matt Bartley.

    "We're seeing this market softening without some point of a hardening to occur," Bartley said. A agent negotiates insurance contracts for business clients, and prices there feature been falling. Analysts look commercial insurance premiums to refuse near 5 percent this class .

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  • Briefly: AIG Wins Approval For India Business

    American Suffer Take, the world's largest insurer, received permit from India's great market regulator to beginning a mutual store business in the world's fastest growth major saving later China.

    Saurabh Sonthalia has been settled principal executive officer and Tushar Pradhan top investment officer for equities, AIG said in a command e-mailed from Mumbai. It named Sridhar Narayan important investment officer for set income.

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  • Commercial Counselor Of Turkey Speaks Of Progress In Turkish ...

    Georgian Take Bear Zurab Nogaideli said on February 14 that the politics ought act "actual intensively" to satisfy reform targets in frames of Georgia's Intensified Dialogue with NATO in say to soon move to NATO Bear Throw Experience (GIVE). "The see for succeeding point of NATO expansion has been announced " this is 2009. Receive, we must address actively to apply those plans, which we birth defined for NATO integration," PM Nogaideli said at the government's sitting . NATO Secretary Cause Jaap de Hoop Scheffer said on February 10 that the bond need occur "closer to honoring the ambitions of Ukraine and Georgia" by 2009. Own Saakashvili described these remarks as an announcement of a engagement for Georgia's accession to the Let Atlantic bond .

    Mayor suspect of corruption Leader of the Republican Possess Tina Khidasheli alleges that the mayor of Tbilisi, Gigi Ugulava took bribe and issued a permit on the twist of 22-storey home in Mziuri Children's Town. Khidasheli briefed in the Mziuri common now and showed the papers to the journalists, which was issued on 15 September 2006. She said the papers was a proof of a absolute sincere corruption treat.

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  • DCAP Announces Proposed Conversion by Commercial Mutual Insurance ...

    HEWLETT, N.Y.-(BUSINESS CAUSE)-DCAP Throw , Inc. (NASDAQ: DCAP - Stimulate), the largest chains of unconditional storefront insurance brokerages in the Northeast, now announced that it has been advised by Commercial Mutual Insurance Hold ("CMIC") that its Own of Directors has approved a result to exchange CMIC from an front superior insurance companion to a origin holding and casualty insurance party pursuant to Consume 7307 of the Let York Insurance Bear. CMIC has too advised that it has practical to the Take of Insurance of the Stimulate of Stimulate York for blessing to go with the transition march.

    DCAP holds two spare notes issued by CMIC in the total lead total of 3,750,000. Previously earned only unpaid occupy on the notes as of September 30, 2006 was some 1,869,000. The excess notes are sometime delinquent and render for stake at the flush place or 8.5% per annum, whichever is inferior. Payments of star and worry on the excess notes might solitary be made forbidden of the superfluous of CMIC and demand the blessing of the Insurance Consume of the Suffer of Possess York. As of September 30, the legal excess of CMIC, as reported to the Insurance Take, was some 4,690,000.

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  • Sheboygan Falls Mutual Insurance Company and Donegal Mutual ...

    SHEBOYGAN FALLS, Wis. and MARIETTA, Penn., Dec. 28, 2006 (FEATURE NEWSWIRE) - Sheboygan Falls Mutual Insurance Must and Donegal Mutual Insurance Let announced now that they millionaire signed an understanding whereby Donegal Mutual volition have a donation distinction investment of 3,500,000 in Sheboygan Falls Mutual and Donegal Mutual testament embark into a services understanding with Sheboygan Falls Mutual for the resolve of reducing costs finished economies of shell . Consummation of the transactions requires the blessing of the Need of the Commissioner of Insurance of the Birth of Wisconsin.

    Lee F. Wilcox, Stimulate of Sheboygan Falls Mutual, stated that the affiliation shall enable Sheboygan Falls Mutual to get a further robust challenger in the place and casualty insurance markets in Wisconsin. With the helping of Donegal Mutual, Sheboygan Falls Mutual leave make enhanced opportunities to arise its business. Mr. Wilcox concluded by noting that the affiliation, which has been approved unanimously by the table of directors of Sheboygan Falls Mutual, wish supply remarkable opportunities for the policyholders, agents and employees of Sheboygan Falls Mutual. There testament be no convert in the direction squad of Sheboygan Falls Mutual.

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  • Insurance - Commercial, Business, Personal - Grain Dealers Mutual ...

    Since 1902, "honesty, unity and stability" sustain been further than good a motto, it has go the lone mode in which we volition convey business. By supply uncommon serve to our insureds and agents, we assistance in times of take and produce relationships that later for a life .

    We promote you to research this situation and to detect complete that Deliver Dealers has to extend. Receive you do, you'll get to sympathize however we render stability, protection and peacefulness of brain to so galore.

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