Bermuda,-based RenaissanceRe Holdings Ltd. reported net income available to common shareholders of $210.2 million or $3.66 per diluted common share in the second quarter of 2010, compared to net income available to common shareholders of $271.2 million or $4.32 per …
The UK’s RSA Insurance Group plc announced the acquisition of 123 Money Limited (123.ie), which it described as “one of the leading and fastest growing direct distributors of personal lines insurance products in Ireland.” 123.ie offers Motor, Home and Pet …
An Airbus A321 plane with over 150 passengers and crew crashed shortly before its scheduled arrival in Pakistan’s capital Islamabad early this morning. Rescue workers attempting to reach the downed plane were reportedly using helicopters, as the crash site in …
NAS Insurance Services announces its new Sexual Misconduct and Molestation Liability Insurance product. Vendors performing work for municipalities, schools and other semi-public entities now face contractual requirements for sexual misconduct liability. NAS’ Sexual Misconduct and Molestation Liability Insurance, providing limits …
In a decision that changes nearly a century’s worth of case law, Massachusetts highest court has ruled that property owners can be held liable for snow-related injuries — regardless of whether plows cleared the snow. For more than 100 years, …
Hawaii Gov. Linda Lingle has selected Gordon Ito as insurance commissioner to oversee the state’s Department of Commerce and Consumer Affairs, Insurance Division. As head of the Insurance Division, Ito will oversee the insurance industry in Hawaii, which writes $4.5 …
California Insurance Commissioner Poizner announced that Farmers Insurance customers are eligible to receive an average rate reduction of 14.5 percent and a one time 10 percent insurance premium rebate, worth a combined total of up to $100 million. The rate …
Commercial roofing, already complicated, is getting more so as new types and materials are being introduced, according to a leading engineer who specializes in assessing roof losses for insurers. Kenneth R. Gilvary, a senior engineer with Dallas-based Haag Engineering, says …
Pam Kehaly has been appointed president and general manager of Anthem Blue Cross of California, headquartered in Woodland Hills, Calif. In this position, Kehaly will be responsible for the management of all local group health insurance business in California including …
Specialty insurer Ironshore has named Michael Sharis regional executive of the Northeast region, based in its Boston office. Sharis will oversee business development in the Northeast corridor. He most recently served for six years in the specialty casualty group in …
