Chicago-based CNA Surety Corp. announced that the company tentatively has agreed to sell all of its financial interest in U.K.-based DeMontfort Group Ltd. to HCC Insurance Holdings Inc. The agreement covers CNA Surety’s 34-percent ownership in the common shares and …
Overland Park, Kan.-based agency franchise network Brooke Corp. saw its third-quarter profit jump to $1.4 million, or 14 cents per diluted share, up 71 percent from last year’s $822,000, or 8 cents per diluted split adjusted share. Quarterly revenues increased …
Southfield, Mich.-based specialty carrier Meadowbrook Insurance Group reported net third-quarter income of $5.3 million, or 18 cents per diluted share, compared to net income of $2.5 million, or 9 cents per diluted share, a year ago. The company said the …
ACE Limited (NYSE:ACE) on Monday reported that it had received subpoenas from the Securities and Exchange Commission and the New York Attorney General requesting documents in connection with an investigation into non-traditional, or loss mitigation, insurance products. ACE has not …
In support of the annual All Industry Day sponsored by the Independent Insurance Agents of Dallas (IIAD), MarketScout announced it is hosting a roundtable discussion during the event with four top-level property and casualty industry executives and one U.S. Congressman. …
David Reddick The insurance industry is the “whipping boy” of state attorneys general and state insurance commissioners, many of whom have their hopes set on throwing their hats in the 2006 governor’s races in their states, according to panelists and …
More than 10 percent of drivers admit they have intentionally cut off other drivers or have wanted to force them off the road during the past year, according to a recent survey by Farmers Insurance Group. Of the 1,001 drivers …
A Florida insurance adjuster was found slain in a river near a hurricane-damaged rental home she was supposed to inspect and the tenant was being questioned. Katrina Anne Froeschle, 25, had been sent to the home on the Hillsborough River …
The National Insurance Crime Bureau (NICB) reported that for calendar year 2003, car thieves were most active in California. Six of the nation’s ten hottest spots for vehicle theft rates are in California, while the remaining four are Phoenix-Mesa, AZ; …
On Oct. 16, 12 volunteers from the Los Angeles and El Camino CPCU Chapters, some accompanied by family members, met at the Los Angeles Regional Foodbank to make Senior Food Packages and to separate donated food items for the less …
