April 29, 2005
Charleston, S.C. and Jacksonville, Fla. are two of five cities NOAA National Hurricane Center forecasters and NOAA Aircraft Operations Center crew will visit during a May 2-6, five-day mission. The purpose of the tour is to increase hurricane awareness; encourage …
April 29, 2005
The goal of a new auto insurance plan introduced by Allstate Corp. in Tennessee attempts to drive the market away from a price obsession and refocus attention on products and features. Called the Your Choice options, it promises Tennessee policyholders …
April 29, 2005
A doctoral student says his examination of two small streams in eastern Pennsylvania appears to back up what inundated residents have long suspected: flooding along small creeks and streams is worsened when land is paved over. Joshua Galster watched the …
April 29, 2005
A blaze that destroyed the vacant InterRoyal Mill complex in Plainfiled, Conn. on April 26 appears to have been set by someone, town Fire Marshal Paul Yellen said. Yellen said it was too early to know whether the fire was …
April 29, 2005
American International Group will again delay the filing of its annual 10-K report for 2004 in order to complete its review of its accounting, according to published reports. The filing had been expected on Monday but now the insurance giant …
April 29, 2005
Jardine Lloyd Thompson Group PLC, the largest U.K.-based broker, issued a statement in conjunction with is annual general meeting (AGM) warning that the weak US dollar, the absence of PSA’s and a continued softening in insurance markets will combine to …
April 29, 2005
Bermuda-based Endurance Specialty Holdings Ltd. reported net income of $96.3 million or $1.45 per diluted share for the first quarter of 2005 versus net income of $100.9 million or $1.47 per diluted share in the first quarter of 2004. The …
April 29, 2005
Canada’s Fairfax Financial Holdings Limited announced net earnings of $35.2 million for the first quarter of 2005, compared to $39 million in Q1 2004, a 9.74 percent decrease. Pre-tax operating earnings rose by 21.47 percent to $104.3 million in 2005 …
April 29, 2005
Dutch Financial service giant AEGON N.V. announced that it has completed the sale of AEGON Seguros Generales, its general insurance subsidiary in Spain, to the Italian mutual insurance company Reale Mutua Group. The two companies had originally announced the deal …
April 29, 2005
Bermuda-based Aspen Insurance Holdings Limited reported net Income of $70.1 million, or $0.98 per diluted share, for the first quarter of 2005, compared to $85 million in the same period last year, a 17.5 percent decrease. Gross written premiums rose …