Charlotte, N.C.-based insurance consultancy InStrategy Group has appointed Robert Jones as managing director to lead the group’s retail practice. Jones has 30 years of experience in the insurance industry. The majority of his career has been on the retail agency …
A workers’ compensation insurer for 3,000 public entities, hospitals, private companies and associations in Georgia has been declared insolvent and will be liquidated. Fulton County Superior Court Judge Thomas Campbell on Oct. 27 approved the liquidation order for Southeastern US …
The Bermuda-based Everest Re Group, Ltd. reported third quarter 2009 net income of $228.6 million, or $3.75 per diluted common share, compared to a net loss of $233.1 million, or $3.79 per common share, for the third quarter of 2008. …
Aspen Insurance Holdings reported greatly improved third quarter 2009 results, compared to 2008. The Bermuda-based specialty insurer recorded third quarter net income after tax of $144.7 million, compared with a net loss after tax of $126.1 million for the same …
The Obama administration has agreed to reconsider a rule that allows long-haul truckers to drive for up to 11 hours straight, bowing to safety advocates who say longer hours could lead to greater fatigue and more accidents. The Federal Motor …
A former Army sergeant wounded during a military training exercise was awarded at least $750,000 in his lawsuit against the Moore County, North Carolina Sheriff’s Office and the former deputy who shot him. The Fayetteville Observer reported that the federal …
Gulfport will start an environmental court next week to deal with derelict properties, tree ordinance violations, vandalism, building- and fire-code violations and other issues. Mayor George Schloegel plans to ask the city council next week to appoint attorney Richard J. …
U.S. farmers struggling to seed their wheat crop will likely reap an insurance check rather than sow in less-than-ideal conditions, analysts and agronomists said. Farmers with prevented planting insurance can receive up to 60 percent of their expected revenue if …
Democrats in the House finished work Wednesday on a healthcare bill that includes a government-run insurance plan, requires individuals to buy health coverage and imposes a surtax on the wealthy to help pay for it. The measure, the product of …
Bermuda-based RenaissanceRe Holdings Ltd., a leading nat cat property reinsurer, joined the comeback kids of 2009 with a robust performance in the third quarter. The Company reported net income available to common shareholders of $258.6 million or $4.12 per diluted …
