Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to $117 million or $0.40 per share for the …
Pennsylvania-based Donegal Mutual Insurance Co. and Georgia-based Southern Mutual Insurance Co. have finalize an affiliation they announced in early September. The deal brings Southern Mutual into Donegal’s insurance pool and gives the Georgia insurer additional products to sell. Southern Mutual …
Trinity E&S Services, Inc., with offices in Bermuda Dunes and Petaluma, Calif., is announcing the introduction of an E&S Business Owners Policy for retail agents in California that do not otherwise have access to a business owners policy product with …
California’s Department of Industrial Relations has proposed an update to regulations for the Workers’ Compensation Information System. The update is part of the Division of Workers’ Compensation’s 12-point plan to reign in medical costs in the system. The 12-point plan …
Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens Property Insurance Corp. three years …
Congress has again temporarily extended the federal flood insurance program, this time until Dec. 18, 2009. The latest extension was approved by the House and Senate as part of an appropriations bill for the Department of the Interior. Without the …
CNA Financial Corp. has named David Rutkowski as senior vice president of Commercial Segments. Rutkowski will be responsible for CNA’s Middle Market customer segments including Construction, CustomXpress, General Industries, Technology and product development. Rutkowski joins CNA from Zurich North America …
Federal investigators have been unable to prove a definite link between imported Chinese drywall and home damage and health issues. But they aren’t done investigating. The Consumer Product Safety Commission said that the problems with the Chinese manufactured home product …
The estates of two men who died of asbestos-related lung cancer years after receiving a settlement for increased risks and fear of the disease can again sue another manufacturer of the material under the so-called “two-disease rule,” Pennsylvania’s Supreme Court …
LPL Financial Corporation (LPL) will pay nearly $1.3 million in restitution to Montana investors and a fine of $150,000 to the State of Montana under a settlement announced today by Monica Lindeen, Montana Commissioner of Securities and Insurance. The restitution …
