Past, present and future hurricane issues, how to prepare for the 2006 hurricane season and what to expect will be discussed during the Feb. 8 to 11 Seventh Annual Windstorm Insurance Conference and Exhibit kicking off today at the Hilton …
South Carolina’s workers’ compensation costs promise to be much larger than the 12.7 percent suggested by Martin Simmons, the Consumer Advocate’s actuarial witness and according to Peter M. Burton, NCCI Holdings Inc. senior division executive, state relations. “There was no …
Insurance rates for taxicabs in the Distrcit of Columbia are being reduced as the result of a more competitive market sparked by a change in policy duration. Acting Commissioner Thomas Hampton of the District of Columbia Department of Insurance, Securities …
Connecticut Governor M. Jodi Rell will propose as part of her mid-term budget adjustment a new plan to create jobs, improve the state’s economy and better prepare the state’s workforce for the nation’s changing economy. The plan will consist of …
Bermuda’s XL Capital Ltd. has reported a net loss to ordinary shareholders for the quarter ended Dec. 31, 2005 of $821.9 million, or a net loss of $5.51 per ordinary share, compared with net income of $288.0 million, or net …
The heart of Virginia Gov. Timothy M. Kaine’s transportation funding plan — higher car sales and insurance premiums taxes — died Monday in the House Finance Committee. On party-line votes, the tax-writing panel’s Republican majority killed both of the Democratic …
Bermuda-based AXIS Capital Holdings Limited reported net income available to common shareholders of $90.1 million for the year ended Dec. 31, 2005, or $0.57 per diluted common share, compared with net income of $495.0 million, or $2.98 per diluted common …
Insurance marketers and underwriters from across the country will explore a wide range of hot topics and cutting-edge marketplace developments such as technology and insurance buying trends, predictive modeling and security breaches during the Property Casualty Insurers Association of America’s …
Bermuda-based RenaissanceRe Holdings Ltd. reported a net operating loss attributable to common shareholders of $206.9 million in the fourth quarter of 2005, principally reflecting a $313.9 million net negative impact from hurricane Wilma. These results compared to net operating income …
The article titled, Lloyd’s Faraday Announces Underwriting Appointments, on Feb. 2, 2006, was incorrectly republished on Insurance Journal’s Web site. The original press release from the Faraday Group was released on Jan. 28, 2004. See http://www.faraday.com/news/press_latest.htm# for the original announcement.
