Pennsylvania’s Harleysville Group Inc. announced that it expects full-year 2002 diluted operating earnings of between $1.90 and $1.94 per share, compared to $1.54 per share in 2001, and fourth-quarter 2002 diluted operating earnings of between $0.51 and $0.55 per share, …
The Professional Insurance Agents of New York State announced that it has obtained approval to expand its NumberONE Comp program, “a monoline workers’ compensation market available to members, for their clients in the New York metropolitan area.” Members of the …
The National Association of Independent Insurers indicated that certain provisions in New Jersey Assembly Bill 689, designed to protect abuse victims, could actually do further harm by allowing abusive spouses to collect damages under a couple’s homeowners policy. “No one …
Insurance brokerage giant Arthur J. Gallagher & Co. rode the hard market wave to a 29 percent increase in fourth-quarter net operating earnings of $40.8 million, or 44 cents per share, and the companys says the tide will stay high …
Builders Insurance Group announced it is distributing its seventh consecutive, annual dividend to insureds. This year’s dividend totals $2.2 million and will be distributed among thousands of qualified policyholders enrolled in Builders Insurance (A Mutual Captive Company) workers’ compensation program. …
A recent order by the Supreme Court of Florida to approve amendments to the rules regulating the Florida Bar is a significant victory for insurers and consumers alike, according to the Alliance of American Insurers. “This is a huge win …
Hallmark Financial Services Inc., located in Dallas, completed its previously announced acquisition of Phoenix Indemnity Insurance Company, an Arizona-based non-standard automobile insurance company, from Millers American Group Inc. Hallmark will accept Phoenix Indemnity stock in exchange for a $7.0 million …
Alpharetta, Ga.-based independent agency management system provider, DORIS Insurance Systems LLC, announced it is adopting the interface technology and services of Applied Systems for managing agency-company interface services. “Applied Systems has always been a leader in agency-company interface and we …
A judge in Austin, Texas ordered a London- and Canada-based organization to stop marketing boat and other watercraft insurance in Texas without a license and to pay a $1 million fine imposed last year by Commissioner Jose Montemayor. According to …
Sacramento-based InsWeb Corp. announced results for the fourth quarter and year ended Dec. 31, 2002. Revenues for the fourth quarter totaled $6.4 million, compared to $6.3 million in the fourth quarter of 2001. InsWeb took non-cash charges totaling approximately $5.5 …
