Allied World Assurance Company Holdings reported net income of $19.9 million, or $0.39 per diluted share, for the fourth quarter of 2008 compared to net income of $123.0 million, or $2.01 per diluted share, for the fourth quarter of 2007, …
In a recent financial lines seminar sponsored by Willis Group Holdings, nearly 90 percent of those attending indicated they believe the current economic climate has increased the risk of litigation against financial institutions. The seminar, titled “Credit Crunch Fallout: The …
Aon Corp., the largest global insurance brokerage by assets, reported that net income fell 95 percent in the fourth quarter as it incurred costs related to restructuring and its merger with Benfield Group. Net income was $10 million for the …
The Hartford Financial Services Group, Inc. reported a fourth quarter 2008 net loss of $806 million. For full year 2008, The Hartford reported a net loss of $2.7 billion, compared to net income of $2.9 billion in 2007. “This was …
It’s failed repeatedly in the past, but state Transportation Director Pete Rahn is optimistic that a bill stepping up Missouri’s seat belt enforcement may pass this year. Rahn wants lawmakers to allow police to pull over motorists for not wearing …
When O’Neill Lawrence returned from a supply run to his western Kentucky farm in Leitchfield, Kentucky, on Wednesday, he met FEMA’s top official at his gate. One of thousands without electricity more than a week after a crippling ice storm, …
Lawmakers vowed this week to press for stronger food safety laws and more money for inspections as the list of recalled peanut products surpassed 1,000 in an ongoing national salmonella outbreak. “There is an openness to putting together the strongest …
Automobile fatalities declined in 40 states in 2008, according to a survey of state highway safety agencies, an early sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association, which represents state …
The families of three pediatric cancer patients sued a Florida hospital this week, claiming their children died after contracting fungal infections from renovations being performed at the facility. The lawsuit filed by parents against St. Joseph’s Hospital Inc. in Tampa …
Bermuda-based Aspen Insurance Holdings Limited reported a sharply decreased net profit after tax for 2008 of $103.8 million or an operating profit of $1.44 per diluted ordinary share and net profit after tax for the fourth quarter of 2008 of …
