insurance operations News

Industry Helps North Carolina School Launch Collision Repair Center

Auto manufacturers, collision repair chains, and insurance companies are helping a North Carolina community college launch a new training center promising good jobs. Gov. Pat McCrory is expected to be on hand Wednesday when Fayetteville Technical Community College opens its …

ING to Sell $1.8B Stock in Insurance Arm

ING Groep NV, the Dutch bank and insurance company, has struck a deal to sell $1.8 billion (1.28 billion euros) worth of shares in its insurance arm to Asian investors later this year. The European Commission has instructed ING to …

S&P Cuts Berkshire Hathaway Rating by One Notch to ‘AA’

Credit rating agency Standard & Poor’s on Thursday cut its rating on Berkshire Hathaway Inc., the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company’s reliance on its insurance operations for dividend income. …