February 25, 2008
A crime victim’s assistance group will help those harmed by identity theft and fraud under a $500,000 grant announced Thursday. The Maryland Crime Victims Resource Center plans to use the money to provide direct assistance to victims, work with law …
February 25, 2008
Montgomery County, Md. fire officials say a two-alarm fire that started in a chicken restaurant did significant damage to a strip mall in Wheaton. Fire and Rescue Service spokesman Pete Piringer estimates that the blaze caused $750,000 to $1 million …
February 25, 2008
Nearly two years after an embarrassing flap in which veterans’ personal information was put at risk of identity theft, federal agencies are still not doing all they can to prevent further lapses, investigators have found. Most of the two dozen …
February 25, 2008
A three-year-old court order has failed to stop Newark, N.J. from charging people who wish to engage in free speech, according to a lawsuit filed against the city. The lawsuit charged that Newark is violating an order that bars it …
February 25, 2008
One of Warren Buffett’s newest businesses — insuring municipal bonds — is expanding rapidly into a troubled field as the company backed 112 issues in just the past two days, according to Moody’s Investors Service. “I think it’s rapid growth. …
February 25, 2008
The Munich Re Group announced consolidated profits for 2007 of €3.937 billion ($5.836 billion), surpassing its increased profit guidance of €3.5 to €3.8 billion ($5.18 to $5.63 billion) announced in August. The bulletin noted that with the “return of 20.2 …
February 25, 2008
Lockton’s reinsurance division announced from its London office that it has appointed Julian Wood as Executive Director. “He will play a leading role in the creation of a new specialist Engineering & Construction treaty reinsurance team that will seek to …
February 25, 2008
Aon Corporation announced that it has reached an agreement “to acquire substantially all of Gallagher Re’s U.S. and U.K. reinsurance brokerage business. In addition, a team of industry professionals from Gallagher Re, based in the U.S. and U.K., will join …
February 25, 2008
Marsh’s London office has announced the appointment of Adrian Saunders to be the Head of Private Client Services in the UK. He will report to Mike Melling CEO of Marsh’s Consumer Practice in Europe, the Middle East and Africa (EMEA). …
February 25, 2008
Bermuda-based Montpelier Re Holdings Ltd. led off its earnings report with the good news. The Company reported a fully converted book value per share of $17.88 as at December 31, 2007, an increase of 5.4 percent and 17.6 percent for …