State Auto Financial Corp., headquartered in Columbus, Ohio, reported third quarter 2010 net income of $0.2 million, or $0.00 per diluted share, versus net income of $13.0 million, or $0.33 per diluted share, for the third quarter of 2009. Net …
Oregon Department of Consumer and Business Services (DCBS) Director Cory Streisinger announced she will leave her position at the end of Gov. Ted Kulongoski’s term, Jan. 10, 2011. “Heading the Department of Consumer and Business Services has been an immensely …
Richfield, Ohio-based National Interstate Corp. has named Vito Peraino to its board of directors upon the retirement from the board of James C. Kennedy. The changes were effective Oct. 29, 2010. Peraino has also been appointed to serve on the …
A.I.M. Mutual Insurance Companies and Quincy Mutual Group will join forces to to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs of small to medium-sized employers in Massachusetts A.I.M. is a …
A preliminary state report says New Hampshire’s Local Government Center may have violated the law by reorganizing improperly and by failing to return surplus money from its insurance programs to communities. Center Executive Director Maura Carroll says the organization began …
Alabama insurance officials will consider an industry proposal to lower workers’ compensation loss costs in the state at a public hearing tomorrow in Montgomery. Citing reduced claims frequency, workers’ compensation insurers have recommended lowering voluntary market loss costs by an …
An economy growing 2 percent a year might be tolerable in normal times. Today, it’s a near-disaster. A growth rate of 5 percent or higher is needed to put a major dent in the nation’s 9.6 percent unemployment rate. Two …
Republicans have vowed to repeal and replace President Barack Obama’s healthcare overhaul — or at least obstruct many of its provisions — if they win control of Congress on Tuesday. National polls show voters are evenly divided on the law …
Insurer American International Group will get up to $22 billion more in U.S. taxpayer funds in a restructuring that will pay off the Federal Reserve in full and allow taxpayers to begin profiting from the firm’s bailout, the Treasury Department …
Low interest rates and write downs are expected to lead to another messy quarter for Canada’s insurers, but recent stock market strength means the profit picture should be brighter than last quarter’s weak results. And, with expectations modest for the …
