The Hartford Financial Services Group Inc. reported fourth quarter 2005 net income of $474 million, or $1.53 per diluted share. The company’s net income reached $2.3 billion for the year, a new record for the company. The Hartford’s core earnings …
Members of the Association of Fire And Casualty Companies of Texas (AFACT) are recommending new bonding measures that would prepare the state for the start of what’s expected to be another turbulent hurricane season. Greg Vanek, vice president of AFACT …
The Nebraska Department of Insurance has opened an investigation this month regarding the issuance of bogus certificates of liablity insurance. The Insurance Fraud Prevention Division has received information that several transportation companies have received certificates of insurance for workers’ compensation …
National Union Fire Insurance Company of Pittsburgh, Pa. (National Union), a member company of American International Group Inc. (AIG), reported the release of AIG ePro, a Web-based system allowing brokers to quote and bind PrivateRisk Protector coverages in just minutes. …
U.S. Senator Elizabeth Dole told the Senate Banking Committee on proposals to reform the National Flood Insurance Program, meeting in Washington that North Carolinians recognize their vulnerability to flooding and are taking proactive steps by undertaking one of the most …
Hudson Programs, an operating division of Hudson Insurance Group, reported that their environmental insurance program is now available in all 50 states, plus the District of Columbia. The program is exclusively underwritten by Denver-based Freberg Environmental Inc. (FEI), with claims …
The Hanover Insurance Group (The Hanover) today announced that Scott Shader has been named vice president, commercial lines business development. In this role, Shader will have broad management responsibilities for field and home office teams that are focused on commercial …
An update describing local, state and national industry and government issues, focusing on the latest legislative topics affecting the insurance industry and independent insurance agents in West Virginia will be held during the Feb. 12-13 annual state legislative conference Insurance …
Fireman’s Fund Insurance Company has introduced a new insurance package offering combinations of shippers interest, bailee, legal liability, and errors and omissions (E&O) coverages for freight forwarders. The Fireman’s Fund Specialty program for freight forwarders offers a simplified rate schedule, …
The Chicago Tribune reported today that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to employees in its corporate office as a way to cut expenses. …
