February 5, 2004
Chicago-based insurer Old Republic International Corp. reported its highest ever fourth-quarter and full-year operating earnings. In 2003’s final quarter most of the earnings progress stemmed from Old Republic’s general insurance line, while overall earnings progress for 2003 was aided by …
February 4, 2004
A.M. Best Co. announced that it has assigned a financial strength rating of “B++” (Very Good) to Qatar General Insurance and Reinsurance Company (S.A.Q.) (QGIR), a Qatar-based direct insurer, with a stable outlook. “The rating reflects the company’s superior risk-adjusted …
February 4, 2004
Bermuda-based White Mountains Insurance Group, Ltd. announced good results for 2003, ending the year by posting a 13 percent increase in its “fully converted tangible book value per share of $291,” up from $259 at the end of 2002. The …
February 4, 2004
The Insurance Bureau of Canada announced that Jane Voll has been appointed Vice-President, Policy Development and Chief Economist, effective February 2, 2004. She had been acting in the role since last October. “This role is critical to all activities IBC …
February 4, 2004
Lloyd’s Chairman Lord Peter Levene does not mince words. So, while he reflected on 2003 as a relatively benign, and for Lloyd’s a very profitable, year, his audience at a meeting of the City Forum in London sat up and …
February 4, 2004
Florida-based Poe Financial Group announced the promotion of their executive vice president, James Wurdeman, to president and CEO. William Poe, Sr., the current CEO, will remain chairman of the property and casualty company, which he founded in 1996. Wurdeman has …
February 4, 2004
If you’re asked to participate in the 2004 private passenger auto insurance agency cost study, it’s crucial for your future to do so. That’s the message the Massachusetts Association of Insurance Agents (MAIA) is hammering home to members as its …
February 4, 2004
The van Aartrijk Group LLC, a marketing communications firm specializing in insurance and financial services, has named Charles Wasilewski senior associate in conjunction with the opening of a New Jersey office. Wasilewski, a communications professional with nearly 20 years of …
February 4, 2004
Key business organizations from across the state have joined forces to support a single ballot measure on the issue — the Workers’ Compensation Reform and Accountability Act. The Small Business Action Committee (SBAC), the Independent Business Coalition (IBC) working with …
February 4, 2004
Monarch E&S Insurance Services has opened a new office in Rancho Mirage, Calif. The address is 71800 Highway 111, Suite A-218, Rancho Mirage, Calif., 92270. Telephone is (760) 779-5555, fax is (760) 779-5234. Monarch E&S is based in La Crescenta, …