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Insurance industry seeks up to 70 percent rate increase for homeowners (The Wilmington Star-News) Coastal residents could be in for another large homeowner insurance rate increase.The state's insurance industry is planning to propose a 42 percent to 70 percent increase for the 18 coastal counties, including New Hanover, Brunswick and Pender, according to the N.C. Rate Bureau, which represents the industry in setting rates. Publ.Date : Wed, 03 Dec 2008 19:05:00 GMT John Alden Life and Fortis Insurance companies fined $900K (Portsmouth Herald) CONCORD – New Hampshire Insurance Commissioner Roger Sevigny announced Wednesday that John Alden Life Insurance Company and Fortis Insurance Company have entered into a Consent Order with the department that includes a $900,000 payment to the department... Publ.Date : Wed, 03 Dec 2008 17:26:36 GMT SC asked to stop CA from enforcing insurance ruling (Manila Bulletin) The Supreme Court (SC) has been asked to stop the Court of Appeals (CA) from enforcing its ruling that barred the Government Service Insurance System (GSIS) from acting as the sole provider of the Compulsory Third Party Liability (CTPL) insurance for all private vehicles in the country. Publ.Date : Wed, 03 Dec 2008 20:15:08 GMT Guinea Bank, Insurance Workers Get 30% Pay Increase, End Strike (Bloomberg) Dec. 3 (Bloomberg) -- Bank and insurance-industry workers in Guinea ended a strike over pay after employers agreed to increase their salaries by 30 percent, Radio-Television Guinea, or RTG, reported. Publ.Date : Wed, 03 Dec 2008 15:44:16 GMT Homeowners soon will see higher rates under North Carolina beach insurance plan (Canadian Business) Property owners in 18 coastal counties soon will pay more for insurance premiums through a state-sanctioned program in a decision that could help Publ.Date : Wed, 03 Dec 2008 17:34:46 GMT