Monthly Archives: <span>October 2005</span>

TDI Reports Sept. Enforcement Actions

The Texas Department of Insurance announced enforcement actions taken by Commissioner Mike Geeslin that became final during September. The actions include seven license revocations, two license denials and fines and restitution totaling $1,376,556. Copies of GeeslinÃ?¢??s orders may be obtained …

St. Paul Travelers Reports Q3 Results

The St. Paul Travelers Companies, Inc. today reported net income for the current quarter of $162 million, or $0.24 per basic share and $0.23 per diluted share, compared to net income of $340 million, or $0.51 per basic and $0.50 …

Kneisley and Fusco Join Integro to Head Capital Project Risk Group

Integro has hired former Willis executives Ralph D. Kneisley and Joseph J. Fusco to serve in its New York headquarters. Both have been appointed senior associates and will jointly lead the company’s new Capital Project Risk group. This unit will …

Okla. Program to Help Small Businesses Provide Insurance

An Oklahoma program that begins Nov. 1 will use tobacco taxes and federal funds to subsidize small businesses wanting to provide insurance to their employees. Officials estimate the program will help 50,000 to 70,000 Oklahomans who do not have insurance. …

Okla. Multicounty Jury Investigation into Former Commissioner Renewed

An Oklahoma multicounty grand jury that is believed to be continuing an investigation of activities involving Carroll Fisher, the impeached state insurance commissioner, has resumed its work, according to an Associated Press report. The grand jury, the sixth under Attorney …

EMC Insurance Group Reports Q3 Results

EMC Insurance Group Inc. reported record third quarter operating income of $0.56 per share for the quarter ended Sept. 30, 2005 compared to operating income of $0.10 per share for the third quarter of 2004. Operating income for the nine …

N.J.’s McIntyre Teams With Callard to Strengthen International Unit

The McIntyre Group in Cherry Hill, N.J. has formed a strategic partnership with Seattle-based, Robert Callard & Associates, LLC in order to enhance its international risk management skills in response to growth in the overseas exposure of its domestic clients. …

CNA Reports Q3 Results

CNA Financial Corporation today announced third quarter of 2005 results: — Net income for the third quarter of 2005 of $3 million as compared with a net loss of $27 million in the third quarter of 2004 — Net operating …

Earnings Up, Losses Down in Commerce Group 3d Quarter

The Commerce Group, Inc. reported 2005 third quarter results showing increased net earnings and decreased losses. Net earnings were $59.8 million, or $1.77 per diluted share, compared to net earnings of $54.3 million or $1.64 per diluted share for 2004. …

Maritime Agency Expands Charter Boat Program to Include Small Boats

Maritime General Agency in Westbrook, Conn.has expanded its Charter Boat Program to target small charter and guide boats, ranging from 16’ to 25’. The Small Boat Charter Program is in addition to Maritime General Agency’s existing Charter Boat Program, in …