August 11, 2008
Chris Redman has edged rookie Matt Ryan and started at quarterback in the Atlanta Falcons’ preseason opener Aug. 9 at Jacksonville, Fla. Redman was out of the NFL for a while and spent time getting an idea of life in …
August 11, 2008
The Houston enclave of West University Place has banned cell phone use for all drivers, the most stringent law of its kind in the nation. The ban, which applies within a three-block radius of the city’s elementary school during school …
August 11, 2008
New Orleans residents are surprisingly optimistic three years after Hurricane Katrina, considering that most see little or no progress in key areas and feel the rest of the country has forgotten their lingering troubles, says the head of the foundation …
August 11, 2008
The operator of the tour bus that wrecked in an accident that killed 17 members of a Houston church Aug. 8 was not legally licensed and had no insurance. In addition to the fatalities, 40 people were injured when the …
August 11, 2008
Natick, Massachusetts-based Eastern Insurance Group has acquired Northborough, Mass.-based Kittredge Insurance Agency Inc. Eastern Insurance, part of Eastern Bank, said the acquisition increases its customer base west of Boston, where it already has eight locations. In all, Eastern Insurance has …
August 11, 2008
North Dakota’s former workers’ compensation director is to be arraigned later this month on charges that he misspent more than $18,000 in agency funds. Sandy Blunt is accused of two felonies. He is charged with distributing unauthorized bonuses to top …
August 11, 2008
Cayman Islands-based Greenlight Capital Re, Ltd. reported net income for the second quarter of 2008 of $33.5 million, compared to a net income of $21.3 million for the same period in 2007. On a fully diluted basis, net income per …
August 11, 2008
Kingsway Financial Services Inc. announced financial results (in U.S. dollars) for the second quarter ended June 30, 2008 that rebounded from a first quarter loss. The Company reported net income of $6.3 million or $0.11 diluted per share for the …
August 11, 2008
Bermuda-based CastlePoint Holdings, Ltd. reported net income of $10.3 million and basic and diluted earnings per share of $0.27 for the second quarter of 2008. Operating earnings for the second quarter of 2008 were $13.2 million and $0.35 per share. …
August 11, 2008
The Bermuda-based Argo International Holdings, Ltd. (The successor to Argonaut Insurance) announced comparatively good financial results for the three and six months ended June 30, 2008. Net income for the second quarter rose to $23 million from $21 million in …