Giant insurance broker Aon Corp. reported that second quarter net income skyrocketed 372 percent largely from its sale of business units including Combined Insurance Companies of America. Net income increased to $1.1 billion compared to $240 million for the prior …
If you’re like most insurance firms, your workforce is aging. Or, as a friend of mine recently put it, “There’s a lot of gray hair in the room.” Not that there’s anything wrong with that, mind you, but the reality …
The federal government approved a disaster declaration to cover the losses Big Island farmers have suffered as a result of volcanic smog (vog), from Kilauea, Hawaii. The move will allow Big Island farmers to apply for low-interest emergency loans, U.S. …
BrickStreet President and CEO Gregory A. Burton announced the Charleston, West Virginia-based workers’ compensation insurer made an extra, unscheduled payment of $60 million to the state of West Virginia toward repayment of a startup loan. “We have now repaid $115 …
Selective Insurance reported that new premiums declined for the second quarter while workers’ compensation results improved and its recent expansion into the commercial markets in Massachusetts and Tennessee is going well. Selective’s second quarter 2008 results, compared to second quarter …
An insurance company’s attorney suggested during a sworn deposition that former Mississippi U.S. Sen. Trent Lott urged witnesses to give false information in a Hurricane Katrina lawsuit, according to court records. The implication was made last week during a deposition …
Dallas-based Apex Global Partners Inc. announced it has acquired Benefit Partners and subsidiaries BP Life and Health Insurance Agency, Benefit Partners Financial Services, BP Risk Partners Insurance Agency and Benesystems. Apex Global said Benefit Partners and its subsidiaries together comprise …
North Dakota’s workers compensation agency plans to resume using independent judges to review disputes over benefits for workers who are hurt on the job, its director says. Two attorneys who represent injured workers suggested the change was influenced by a …
Georgia storm victims in Cherokee County affected by severe weather and tornadoes now are eligible to receive federal aid. The U.S. Small Business Administration approved disaster relief assistance for the county after a July 1 appeal by Georgia Gov. Sonny …
The Wisconsin paper mill where an explosion killed three workers earlier this week received three citations for safety violations in the past 10 years, including one that was serious, according to a federal Web site. The violations at the Packaging …
