January 31, 2007
The Hanover Insurance Group Inc. has developed a new unit of marine specialists designed to assist agents placing small volumes of inland marine business. The Marine Underwriting Advantage Team will offer agent partners of The Hanover with access to highly-specialized …
January 31, 2007
More than 200,000 Massachusetts residents who already have health insurance would be forced to buy additional coverage to meet the proposed minimum standards under the state’s new health insurance law, according to insurers. Most of those in question either do …
January 31, 2007
BrickStreet Mutual Insurance Company has hired Ken D. Howard, of Frankfort, Ky., as underwriting manager and Riva Ellen Bard, of Suwanee, Ga. as large account specialist. Howard will be responsible for a significant portion of business still written directly with …
January 31, 2007
One year ago, Olympic gold medal speedskater Casey FitzRandolph was headed for the 2006 Winter Olympics in Turino, Italy as the defending champion in the 500 meters long track event. Today, the 32-year-old Wisconsinite is a first-time dad beginning a …
January 31, 2007
Cincinnati insurance agent Carl Schlotman III was appointed to the executive board of NorthStar, the agent advisory panel for Encompass Insurance. His appointment became effective on Jan. 1, 2007. NorthStar provides a forum for a select group of independent insurance …
January 31, 2007
ReAdvisory, the analytical arm of specialty reinsurance intermediary Carvill, has released a white paper titled: “2006 Atlantic Hurricane Season in Review,” which examines recent weather patterns in the Atlantic. Carvill said that although the “report highlights the low level of …
January 31, 2007
Integro (Bermuda) Ltd. announced that Susan N. Pateras has joined the firm as a Principal in the Healthcare Practice, and will lead the Bermuda Healthcare initiative. “Ms. Pateras has more than a decade of experience in Healthcare Professional Liability. She …
January 31, 2007
Marsh announced from its London office the appointment of Man Cheung as Leader of its Modelling, Analysis and Design team in the UK. He will report to Eddie McLaughlin, the team’s Global Practice Leader, and will oversee the delivery of …
January 31, 2007
Bermuda’s Everest Re Group, Ltd. recovered strongly from 2005 losses, posting fourth quarter 2006 after-tax operating income (which excludes realized capital gains and losses) of $201.2 million, or $3.07 per diluted share, compared to an after-tax operating loss of $185.8 …
January 31, 2007
Bermuda-based ACE Limited reported strong fourth quarter and full year net earnings of $665 million – $1.99 per common share – and $2.305 billion respectively. Full year net operating income was $2.351 million; earnings per share reached $7.05. Earnings for …