Philadelphia Insurance Companies sponsored the 2008 Parkway Run/Walk benefiting The Cancer Center at The Children’s Hospital of Philadelphia on Sunday, Sept. 28. Despite rain, more than 1,500 runners and walkers including 50 Philadelphia Insurance Co. employees and their family members …
Catastrophe risk modeling firm AIR Worldwide estimates that insured losses to onshore properties in China from both wind and precipitation-induced flooding from Typhoon Hagupit will be between $100 million and $250 million. AIR added: “The high winds and flooding caused …
Bermuda-based AXIS Capital Holdings Limited announced that preliminary net loss estimates for Hurricanes Gustav and Ike range from approximately $310 million to $430 million, net of reinstatement premiums. Axis’ preliminary net loss estimate, net of reinstatement premiums, for Gustav ranges …
Marsh announced that three new executives – Steve Powney, Steven Lewis and Tricia Burgess – have all joined its International Surety Practice from Aon’s Surety and Guarantee team. Powney will lead the International Surety Practice for Marsh in Europe, the …
Fortis, the Belgian-Dutch banking and insurance giant, faced a takeover or break-up as European Central Bank President Jean-Claude Trichet held emergency talks with Dutch and Belgian lawmakers to restore faith in the Belgian-Dutch financial group. Trichet, who as ECB [European …
An anti-war protester who claims he was shot with a police projectile at close range during the Republican National Convention in St. Paul announced on September 26 that he is planning to sue the city of St. Paul and surrounding …
Erie Insurance says vehicles are more likely to hit deer in Calhoun, Pleasants, Pocahontas and Wirt counties than in any other West Virginia county. The Erie, Pa.-based insurer says there were more than 50 deer claims per 1,000 insured vehicles …
Dinwiddie Lampton Jr., a prominent Louisville insurance executive and horse enthusiast who once ran for Kentucky governor, has died. He was 94. The Courier-Journal of Louisville reported that Lampton died Sept. 25 at his home in Lexington. Lampton ran unsuccessfully …
A fleet of special balloons released over South Florida may soon help hurricane forecasters better predict the path of storms. But at a cost of up to $2,000 each, these aren’t your average birthday party decorations. The clear, pyramid-shaped balloons …
President George W. Bush approved federal disaster aid in Alabama to supplement state and local recovery efforts from Hurricane Ike in Mobile and Baldwin counties. The White House announced Sept. 26 that the action makes federal funds available on a …
