The North Carolina Department of Insurance noted that a report released by the National Association of Insurance Commissioners (NAIC) indicates that North Carolina has the ninth lowest auto insurance rates in the nation, breaking into the top 10 after hovering …
The Florida Department of Financial Services announced that Michael Bander, of Pensacola, former owner of Everyone Rides Car, Truck and SUV Center, is facing charges of organized fraud, theft, retail installment sales fraud and insurance fraud. Consequently, Florida’s Chief Financial …
Dallas-based Vision Reinsurance Intermediaries Inc. announced that Victor Marques has joined the firm as senior vice president. Marques will focus on Marketing and Production in the North Eastern region of the U.S. With over 19 years experience, Marques has a …
WebCE, a nationwide insurance continuing education provider, announced the immediate availability of several Texas “Classroom Equivalent” courses. WebCE recently completed enhancements to its Web-based course delivery platforms, enabling Texas customers to fulfill their classroom CE requirement from any Internet connection. …
The California Workers’ Compensation Insurance Rating Bureau (WCIRB) submitted its annual regulatory filing to the California Insurance Commissioner July 30. In its filing, the WCIRB proposed the following: *An average increase in advisory pure premium rates of 12.0 percent to …
The number one insurance-related concern expressed by employers today is how to contend with the accelerating cost of benefit plans, according to a survey from Redwood City, Calif.-based ABD Insurance and Financial Services. ABD announced the availability of an essential …
San Francisco-based U.S.I. Holdings Corporation reported record financial results for the second quarter ended June 30, 2003. Net income from continuing operations for the quarter increased $5.3 million to $7.6 million from $2.3 million recorded during the same period in …
Darien, Ill.-based Quotesmith.com Inc., the online insurance broker that provides instant quotes from more than 300 leading insurance companies, announced financial results for the second quarter ended June 30, 2003. “Quotesmith.com delivered a mixed bag quarter. Even though we made …
The St. Paul Co. announced second-quarter 2003 net income of $214 million, or 89 cents per share, up from a second-quarter 2002 net loss of $223 million, or $1.09 per share. Second-quarter 2003 operating earnings were $172 million, or 71 …
XL Capital Ltd announced that its Board of Directors declared a quarterly dividend of $0.48 per share payable on the Company’s Ordinary Shares. The dividend will be payable on Sept. 30, 2003 to shareholders of record on Sept. 8, 2003. …
