ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has issued a report on global security, which indicates that “threats to multinational businesses and organizations are on the rise, mirroring the scope and complexity of today’s …
Bermuda’s PartnerRe Ltd. reported net income of $193.2 million, or $3.21 per share on a fully diluted basis, for the first quarter of 2006, a 73.4 percent rise. Net income includes net after-tax realized gains on investments of $50.9 million …
The Bermuda-based Everest Re Group, Ltd. reported first quarter 2006 after-tax operating income, which excludes realized capital gains and losses, of $157.9 million, or $2.41 per diluted share, a 4.5 percent decrease compared to $165.2 million, or $2.90 per diluted …
Lloyd’s has announced that Ian Faragher has been appointed Chief Operating Officer of its new Chinese onshore reinsurance operation in Shanghai, Lloyd’s Reinsurance Company (China) Ltd., effective May 15. “Ian has over 25 years insurance experience and has worked for …
Washington’s Department of Labor and Industries (L&I) has changed the name of the division responsible for workplace safety and health from WISHA to the Division of Occupational Safety and Health – or DOSH, for short. “We think the new name …
Saint Paul Public Schools (SPPS) in St. Paul, Minn., recently partnered with G.E. Young & Co., a third-party claims administrator headquartered in the Denver area. G.E. Young & Co. is providing claims management services for the district’s workers’ compensation program. …
Encino, Calif.-based NAS Insurance Services, Inc. has a new excess coverage program as part of its excess and surplus property facility. The program features a maximum limit of $5 million, a minimum premium of $2,500 and a minimum deductible of …
Joseph Gonzalez has been promoted to Fresno (California) district office manager for State Compensation Insurance Fund. Gonzalez began his State Fund career in 1977 when he was hired as an auditor for the organization’s Woodland Hills, Calif., district office. The …
Pacific Wholesale Insurance Brokers LLC has named Renee K. Belgarde senior vice president and west coast property director. Belgarde has been in the insurance industry for 23 years. She worked 10 years on the retail side and 13 years on …
Brown & Brown Inc., with headquarters in Daytona Beach and Tampa, Fla. has announced new records for its net income and net income per share in the first quarter. Net income per share for the quarter ended March 31 was …
