Monthly Archives: <span>July 2008</span>

Everest Re to Release Q2 Results Today; Conference Call Details

The Bermuda-based Everest Re Group, Ltd. will release its Second Quarter 2008 earnings after close of trading on the NYSE today, Monday July 21, 2008. A conference call discussing the results will be held at 8:30 a.m. Eastern Time on …

Czech Risk Management Association Joins FERMA

The Association of Insurance and Risk Management Experts of the Czech Republic (ASPARCR) has been accepted as a member of the Federation of European Risk Management Associations (FERMA). This brings to a total of 16 the number of countries represented …

C.M. Meiers, Fireman’s Fund Donate $33,000 to Ventura County Fire Department

The C.M. Meiers Co. of Woodland Hills, Calif., and Fireman’s Fund Insurance Co. of Novato, Calif., have teamed up to donate more than $33,000 to the Ventura County Fire Department for the purchase of mobile communications equipment that will make …

JLT: New Approach to Tunnelling Paves Way for Growth

A collaborative approach to risk by contractors, brokers, owners and insurers has helped secure the long-term viability of tunnelling schemes around the world, said delegates — including engineers, lawyers, contractors and owners — at a recent seminar hosted by Jardine …

Finding Doctor Tougher With Oregon Ruling

A new workers’ compensation ruling by the state may make it a little toughter to find a doctor to treat injuries on the job. Doctors, physical therapists and other medical providers have been firing e-mails at the Oregon Workers’ Compensation …

Billings Could Owe $1M After Discrimination Suit

The city of Billings, Mont., may end up paying more than $1 million after a jury sided with a police officer in a discrimination lawsuit. The jury awarded officer Steve Feuerstein $1.3 million in July 2007. Now, Billings’ insurance carrier …

Florida-based Brown & Brown Reports 3.6% Gain in Fees and Commissions

Florida-based Brown & Brown Inc. announced that its total commissions and fees revenues for the second quarter of 2008 increased 3.6 percent over the second quarter of 2007. The company’s net income for the second quarter of 2008 was $40,398,000 …

Wisconsin Family Gets $18M after Birthing Injury

A judge approved an $18.2 million settlement from the government for a Milwaukee family whose daughter suffered brain damage during birth at a federally funded clinic. The lawsuit was argued in U.S. District Court because the clinic where the birthing …

Texas Mutual Pays $51K Dividend to Emergency Service Group

Texas Mutual Insurance Company announced a $51,257 dividend to the Emergency Service Organization (ESO) workers’ compensation purchasing group. The dividend was based on the group’s premium volume and loss ratio. Texas Mutual underwrites ESO, and VFIS of Texas/Regnier & Associates …

Washington Offers Assistance to Homeowners Hit by Wildfires

As wildfires erupt across Eastern Washington, state Insurance Commissioner Mike Kreidler urges homeowners needing help with their insurance claims to call the Insurance Consumer Hotline (800-562-6900). “Most insurance companies are very responsive after a disaster,” said Kreidler. “But sometimes people …