North Canton, Ohio-based pet insurer Hartville Group Inc. announced that its board of directors has decided that pursuing the acquisition of the property/casualty insurance company was no longer in the best interest of shareholders. Consequently, the agreement to acquire the …
An Ormond Beach, Fla. man has been accused of not forwarding insurance premiums to his underwriter and charged with grand theft after a New York insurance agent reported the incident to the Flagler Beach Police Department. Flagler Beach Police Det. …
Delaware Insurance Commissioner Matt Denn and a bi-partisan group of legislative leaders, physicians, and civic leaders announced today a series of initiatives to address Delaware’s medical malpractice insurance rates. “This is a comprehensive, bi-partisan effort to deal with the rising …
San Antonio-based Argonaut Group Inc., a national underwriter of specialty insurance products in niche areas of the property and casualty market, announced it has reached an agreement with Fireman’s Fund Insurance Company to acquire the renewal rights and certain operating …
Aon Corporation announced the election of Gregory Case, 42, as president and chief executive officer, effective immediately. Case has also been elected to the Aon Board of Directors. Case succeeds Patrick Ryan, who has served as Aon’s CEO since the …
The assistant chief sheriff’s deputy in Avoyelles Parish, La., and two other men are accused of defrauding an insurance company of $18,000, according to the Associated Press and the Alexandria Daily Town Talk. FBI agents arrested Assistant Chief Deputy Larry …
A proposal which would create a single Florida-wide territory map and eliminate individual rate territories based on predicted hurricane risks and expected loss models was removed from House hurricane legislation last week, but the provision remains in the Senate version. …
Standard & Poor’s Ratings Services announced that it has placed its “A” long-term counterparty credit and insurer financial strength ratings on Casiopea Re S.A. on CreditWatch with negative implications. “Casiopea Re is the wholly owned, Luxembourg-based reinsurance affiliate of Spanish …
Odyssey Re Holdings Corp. announced that it expects after-tax net losses in the range of $26 million to $29 million during the first quarter of 2005. The increase is attributable to losses from Windstorm Erwin and an increase in previously …
He was an unlikely man to head the billion-strong Catholic Church – the first Pole, the first non-Italian Pope in over 400 years, – and yet his papacy left an indelible mark on Catholics and non-Catholics worldwide. Pope John-Paul II, …
