The Hanover Insurance Group, Inc. reported net income for the third quarter of $33.4 million, or $0.65 per share, compared to a net loss of $562.4 million, or $10.51 per share, in the third quarter of last year. The current …
The replacement cost insurance policies on the World Trade Center entitle the insureds to monies sufficient to rebuild the buildings as they were prior to being destroyed in the terrorist attack of September 11, 2001, but not to build “bigger …
The hazardous waste storage plant fire that led to the evacuation of thousands of residents this month in Apex, N.C. started in an area where chemicals such as pool chlorination tablets were stored, investigators said. An initial review determined that …
Starting Jan. 1, drivers in South Carolina who buy the least amount of insurance coverage allowed by law will see their premiums go up as legislatively mandated changes in coverage take effect. Those drivers will begin getting notifications this month …
Rapper Heavy D has filed a $1.5 million (euro1.2 million) lawsuit against an insurance company he says refused to pay damages to people who sued him after nine students were crushed to death in a stampede at a celebrity basketball …
More than one in three (36 percent) private companies, many of which were uninsured, experienced an employee theft averaging nearly $350,000 within the past five years, according to research by the Chubb Group of Insurance Companies. And more companies may …
Advisen Ltd., a provider of analytics, benchmarking and market information to the global commercial insurance industry, released the results of its recent hospital professional liability claims study done in cooperation with the health care team at Zurich, an insurance-based financial …
Seattle-based afeco has reported its third-quarter results. The company produced record net income for third-quarter 2006 of $255.7 million, or $2.20 per diluted share. This compares with net income of $101.1 million, or $0.80 per diluted share, for the same …
David Duclos, chief operating officer for XL Capital Ltd’s global insurance operations announced the appointment of Diana Gladwell as Gulf Regional underwriting manager for its Marine & Offshore Energy (MOE) unit. Gladwell will be based in Houston,Texas, and will be …
Property insurance along the Texas coast is getting harder to find plus premiums and deductibles are increasing, according to results from a survey of independent insurance agents. Respondents are members of the Independent Insurance Agents of Texas (IIAT). Current insurance …
