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Allstate to lower auto insurance
Allstate Insurance Co., New York's biggest auto insurer, will cut premiums by a modest statewide average of 3 percent, following similar moves by major competitors.
AIG Closes $1.9 Billion Sale Of US Auto-Insurance Operations To Zurich
American International Group Inc. (AIG) completed the $1.9 billion sale of its U.S. auto-insurance business to rival Zurich Financial Services AG (ZFSVY) for $ 1.9 billion, making it the largest sale of an AIG business as the insurer divests assets under U.S. government pressure.
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