The Bermuda-based Argo Group International Holdings Ltd. announced the formation of Argo Surety, to conduct surety business. The new unit remains part of Argo Group’s existing Commercial Specialty segment. Argo has appointed Robert F. Thomas as president of Argo Surety. …
The Bermuda-based Argo Group International Holdings, Ltd. (which includes the formerly Texas-based Argonaut Group) announced net income of $36.9 million for the first quarter of 2007, a 47 percent rise, while pretax operating income was a record $40 million. Argo …
Max Capital Group Ltd. will hold an investment community conference call on Tuesday, May 6, 2008, at 10 o’clock a.m. Eastern Time, to discuss the Company’s first-quarter 2008 financial results with interested shareholders and other members of the financial community. …
Swiss Re reported a sharp drop of 53 percent in net income for the first quarter of 2008. The world’s largest reinsurer earned CHF 624 million ($592.4 million) for the period, compared to the CHF 1.329 billion ($1.261 billion) it …
Growing concerns about food security could spur renewed efforts to liberalize global trade, according to Australia’s trade minister. If the global community wants to help solve the food crisis, it must liberalize markets so that people can trade available surpluses …
Socius Insurance Services Inc., a San Francisco-based management liability and property/casualty insurance wholesaler, appointed Gus Constantinou assistant vice president in its Sacramento office, and Hal Thompson assistant vice president in its Los Angeles office. Constantinou is charged with new business …
California-based Cambridge General has the authority to quote and bind high limit general liability up to $6 million occurrence and $7 million general aggregate. There are hundreds of classes where theincreased limit is available, including lessor’s risk, vacant buildings, artisan …
Englewood, Colo.-based Colorado Casualty, a Liberty Mutual Agency Markets regional company, announced the opening of a regional office in Phoenix. The company said the expansion is designed to improve agent and policyholder services in the southwestern portion of its six …
Professional Program Insurance Brokerage of Novato, Calif., has launched a new program development division. The division will assist agencies nationwide with the design and development of new programs. PPIB is encouraging brokers, agents and MGAs to contact its office with …
Meadowbrook Insurance Group, Inc., a Southfield, Mich.-based specialty property and casualty insurance holding company, recently announced today that Shannon Smith has joined the company’s office as the marketing program manager. In his new role, Smith is responsible for identifying and …
