April 29, 2008 – San Leandro, CA – Insurance Brokerage firm McDermott-Costa Co., Inc. is celebrating its 70th anniversary this year. McDermott-Costa is recognized as one of the leading insurance brokerage firms in Northern CA specializing in Property & Casualty …
U.S. Forest Service firefighters have the discretion to determine the best way to fight fires and cannot be sued for negligence for setting a backfire in Montana’s Bitterroot Valley in 2000 to try to stop an advancing blaze, an appeals …
Mountain View, Calif.-based Lawson-Hawks Insurance Associates, an insurance intermediary and broker, has added Laura Ramsey as vice president of Private Client Services. She will be responsible for growing the new division and determining both the markets and strategies capable of …
ACE Limited will hold its first quarter earnings conference call on Wednesday, April 30, 2008, beginning at 8:30 a.m. Eastern Time. ACE expects to issue its first quarter earnings release and financial supplement after the market closes on Tuesday, April …
RenaissanceRe Holdings Ltd. will conduct an investment community conference call on Wednesday, April 30, 2008 at 10:30 AMET to discuss its financial results for first quarter 2008, as well as the company’s outlook. RenRe will release the results following the …
Loews Corp. posted an unexpected drop in first-quarter profit Monday, hurt by disappointing results from its CNA Financial Corp. insurance unit. In Monday afternoon trading, shares of Loews were down $2.07, or 4.6 percent, at $42.56, while CNA slid $2.90, …
Warren Buffett, the world’s richest person, said on Monday the U.S. economy is in a recession that will be more severe than most people expect. Buffett made his comments on CNBC television after his Berkshire Hathaway Inc. agreed to invest …
Accounting standard setters for the United States and China have signed an agreement designed to strengthen cooperation and communication between the two countries, the Financial Accounting Standards Board said Monday. The memorandum of understanding, signed April 18, will help the …
Lloyd’s Chairman Lord Levene told an audience of around 100 business executives in Los Angeles on Friday that London’s strengths as a leading global financial center have not been diminished by the credit crunch. Addressing the subject of current economic …
Insurance Australia Group Limited (IAG) announced lower earnings projections for its insurance activities for the full year ending 30 June 2008 of between 6 and 8 percent, “mainly due to the impact of high storm costs and widening credit spreads …
