For the three months ended June 30, 21st Century Holding Co. reported record net income of $10,478,429, or $1.32 per share on 7,930,964 average undiluted shares outstanding, as compared to net income of $8,904,559, or $1.20 per share on 7,427,765 …
Zurich announced that Ann Haugh will become chief operating officer for Global Corporate in North America (GCiNA) effective Sept. 1, 2007. Haugh’s primary responsibility will be executing on the GCiNA strategy and managing operating results to ensure alignment with the …
Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., announced that Mark C. Vonnahme has joined its leadership team as the executive vice president responsible for its surety business. Vonnahme succeeds Brian Schmalz who will retire at year-end. Schmalz, …
The Oregon Supreme Court ruled the State Accident Insurance Fund Corp. can be sued for violations of federal constitutional rights. The court said that SAIF can be considered a “person” under federal law and, unlike state agencies, is not immune …
Seattle-based Safeco has reported net income for the second quarter of 2007 of $186.4 million, compared with net income of $199.7 million for the same period in 2006. Operating earnings were $175 million for the quarter, compared with $204.2 million …
Gov. Sonny Perdue announced the award of $40 million in federal homeland security grants to Georgia for allocation to eligible communities around the state. “With the assistance of our federal partners, we continue to do everything we can to keep …
Van Gilder, based in Denver, has named Bud Cole to senior account executive for its Employee Benefits Business Unit. He specializes in work with large employers and has experience in self funding benefit plans. Cole is a graduate of the …
Patrick Andersen has been promoted to assistant communications manager for the California State Compensation Insurance Fund’s corporate Communications Department. Prior to his State Fund career, Andersen served as managing editor for a San Francisco-based community newspaper. He began his State …
R.E. Chaix & Associates of Irvine, Calif., has added a new artisan contractor program for new custom home work, residential repair/remodel and commercial work. The carrier is non-admitted and is rated “A-” VII by A.M.Best. Minimum premiums begin at $3,500. …
A wildfire that started in eastern Michigan’s Huron National Forest and spread across 500 acres forced the evacuation of 100 residents and damaged at least three homes, police said July 30. State police Sgt. Tim Gronda said the fire was …
