Building Codes Bill Clears House Committee: A U.S. House committee has passed bipartisan legislation to encourage the adoption and enforcement of statewide building codes.
The Disaster ...
Date: 11/6/2009 Source: BestWire
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Homeowners Choice Backs Off Attempt to Acquire 21st Century Holding: Florida domestic insurer, Homeowners Choice Inc., said for now it has ended its attempt to merge with fellow domestic insurer, 21st Century Holding ...
Date: 11/6/2009 Source: BestWire
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After Third-Quarter Loss, RBS Restates Plan to Sell Insurance Arm: Royal Bank of Scotland Group plc, the government-controlled U.K. bank that reported a pretax loss of 2.1 billion pounds (2.34 billion euros) in the third ...
Date: 11/6/2009 Source: BestWire
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Kingsway CEO: Despite Loss, Company Has Reached a Turning Point in Transformation Plan: Kingsway Financial Services Inc. reported a net loss of $118.1 million for the third quarter of 2009, compared with a loss of $17.4 million for the same period ...
Date: 11/6/2009 Source: BestWire
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QBE Targets 24% Premium Growth In Australia With Help From Enhanced Distribution: Australia's QBE Insurance Group Ltd. [85434] said it targets a 24% growth in gross premium income to A$4.2 billion (US$3.8 billion) in 2010 for its Australian ...
Date: 11/6/2009 Source: BestWire
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India's Oil Depot Fire in Jaipur Leads to Big Insured Loss: India's oil depot fire in Jaipur on Oct. 29 is expected to cause massive insurance claims for public and private nonlife insurers underwritten for the Indian ...
Date: 11/6/2009 Source: BestWire
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RMS: Asteroids, One More Reason to Diversify Your Portfolio: Just more than 100 years ago, in rural Siberia, a comet or asteroid exploded with a force about 1,000 times more powerful than the nuclear bomb dropped over ...
Date: 11/6/2009 Source: BestWire
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Excess/Surplus Lines Claims Association Changes Name: An evolving role and growing membership base has prompted a 40-year-old professional organization for senior claims professionals to change its ...
Date: 11/5/2009 Source: BestWire
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Lower Cat Losses Help 3Q Profit as Allstate Takes 'Aggressive Stance' on Risk Management: Allstate Corp. jumped to a third-quarter profit, posting $221 million in net income, compared with a $923 million loss during the same time last year, as ...
Date: 11/5/2009 Source: BestWire
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Chartis Continues to Rebrand Operating Units: Chartis Inc., the rebranded property/casualty operations of American International Group Inc., is continuing its plan to legally change the names of its ...
Date: 11/5/2009 Source: BestWire
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Taiwan Motor Insurance Premiums See Downward Trend: Improvements in road safety, claims investigation and management systems have contributed to a downward trend in premium rates for automobile insurance in ...
Date: 11/5/2009 Source: BestWire
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Report: Australia's Coastal Region Threatened by Rising Sea Level: A rising sea level as a consequence of climate change has created an urgent need to develop risk adaptation measures, including insurance, for Australia's ...
Date: 11/5/2009 Source: BestWire
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W. Robert Berkley Jr. Named President, COO of W.R. Berkley Corp.: W. Robert Berkley Jr. has been named president and chief operating officer of W.R. Berkley Corp. effective immediately, the company said.
Berkley has ...
Date: 11/4/2009 Source: BestWire
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Hartford Narrows Net Loss as Unrealized Investment Losses Drop More Than 50%: Hartford Financial Services Group Inc.'s new Chairman and Chief Executive Officer Liam E. McGee said the company's third-quarter results -- a net loss of $220 ...
Date: 11/4/2009 Source: BestWire
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Colorado, North Carolina and Maine See Workers' Compensation Loss Cost Cuts: Colorado, North Carolina and Maine each announced decreases in workers' compensation loss costs starting in 2010.
Colorado Insurance Commissioner ...
Date: 11/4/2009 Source: BestWire
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Investments, Life Income Hit Nine-Month Results for Finland's Sampo: Finnish insurer Sampo said its nine-month pretax profit fell 6.2% to 625 million euros (562.5 million pounds) as life insurance and investment income ...
Date: 11/4/2009 Source: BestWire
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Matanle Named to Board of London Broker THB: Steve Matanle has been named an executive director to the board of specialist broker THB Group.
The Lloyd's broker said Matanle, who joined the group ...
Date: 11/4/2009 Source: BestWire
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Report: U.S. Government Could Launch Workers' Comp Captive: Faced with increasing workers' compensation costs for defense contractors working overseas, the U.S. government could consider forming a captive to self-insure ...
Date: 11/3/2009 Source: BestWire
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Severe Weather Knocks Down Co-operators General Third-Quarter Results: Due to severe summer storms, Co-operators General Insurance Co. said it posted a net loss of C$16.1 million (US$14.9 million) during the third quarter, ...
Date: 11/3/2009 Source: BestWire
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BB&T Insurance Acquires Southwest Florida Brokerage: BB&T Insurance Services has expanded its reach within the Florida market through the acquisition of Oswald Trippe and Co. Inc., a Fort Myers-based insurance ...
Date: 11/3/2009 Source: BestWire
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