August 3, 2005
Research and Markets(http://www.researchandmarkets.com/reports/c21813) has announced the addition of UK Commercial Property Insurance 2005 to their offering. This report provides an in-depth analysis of the commercial property market in the UK, analyzing the key trends in premium income, claims and profitability …
August 3, 2005
Virginia’s State Corporation Commission has scheduled a November hearing to consider a request filed by the National Council on Compensation Insurance Inc. to adjust the premium levels charged for workers’ compensation insurance. NCCI represents the state’s insurers. NCCI has proposed …
August 3, 2005
A grand jury in Greensboro, N.C. has indicted Steven E. Edwards on 21 counts of fraud, money laundering, tax evasion and stealing $3.8 million earmarked for health and workers’ compensation insurance from three employee-leasing businesses. According to a news release …
August 3, 2005
Insurance companies in Florida have already paid out more than $47 million on about 46,000 claims for damage caused last month by Hurricane Dennis, according to statistics released by the Office of Insurance Regulation. The report indicated insurers expect to …
August 2, 2005
Aon Corporation has reported second quarter and six months 2005 results. Second quarter 2005 net income and the related per share amount increased 10% to $191 million or $0.57 per share from the second quarter of 2004. Net income from …
August 2, 2005
Michigan-based Meadowbrook Insurance Group reported net income for the quarter ended June 30, 2005 of $4.6 million, or $0.16 per diluted share, up 62.4% compared to net income of $2.8 million, or $0.10 per diluted share, in 2004. Net operating …
August 2, 2005
Congress has taken important action to move the nation toward safer roads by including incentives for states to adopt primary seat belt laws as part of the “Transportation Equity Act: A Legacy for Users (TEA-LU),” according to the American Insurance …
August 2, 2005
NCRIC Group Inc. and ProAssurance Corporation jointly announced that NCRIC’s shareholders have approved NCRIC’s merger into ProAssurance. The approval came at Tuesday’s special meeting of shareholders in which an overwhelming majority of votes cast were reportedly in favor of the …
August 2, 2005
California’s highest court ruled that country clubs must offer gay members who register as domestic partners the same discounts given to married ones – a decision that could apply to other businesses such as insurance companies and mortgage lenders. The …
August 2, 2005
With a very active Atlantic hurricane season underway, the government’s hurricane experts are warning that the bulk of this season’s storms are still to come. The National Oceanic & Atmospheric Administration said it expects an additional 11 to 14 tropical …