February 6, 2014
XL Group announced a good fourth quarter and an excellent year from its Dublin headquarters. Highlights for the two accounting periods were listed as follows: • Operating net income of $286.9 million, or $1.00 per share, and net income of …
February 6, 2014
A.M. Best Europe – Rating Services Limited (AMBERS) has confirmed that it has obtained External Credit Assessment Institution (ECAI) status under new European Union (EU) regulations, which came into force in January 2014. Best said the accreditation “follows the adoption …
February 6, 2014
“A number of ‘black widow’ suicide bombers – the wives of militants killed by Russian security forces – may already be within the ‘ring of steel’ at the upcoming winter Olympics in Sochi,” according to Tim Holt, head of intelligence …
February 6, 2014
ANV Syndicate 5820 announced the appointment of Brian Armstrong as Head of Affinity Accident and Health (A&H) to develop and grow the (A&H) portfolio in the Affinity market. He “will be responsible for building the A&H book of business within …
February 6, 2014
Hundreds of homes in western England and Wales remained without power today after storms cut lines and damaged railway tracks. About 280 households had electricity cuts as of 8:30 a.m. U.K. time, said Western Power Distribution, which covers south Wales …
February 6, 2014
The Mississippi Supreme Court is refereeing a dispute between a Wilkinson County couple and ExxonMobil Corp. over an alleged alligator infestation. Justices heard oral arguments Tuesday. The dispute involves more than 80 alligators that Tom Christmas and his wife argue …
February 5, 2014
The third annual National Tornado Summit being held Feb. 10 and 11 in Oklahoma City will bring together insurance industry professionals, emergency managers, policymakers and weather experts. Oklahoma Insurance Commissioner John Doak says it’s an unequaled opportunity for attendees to …
February 5, 2014
There are a number of bills currently under consideration by state Legislature that may be of interest to agents, brokers and insurance professionals in general. Lobbyist John Norwood, owner of Norwood Associates in Sacramento, recently issued an update on pending …
February 5, 2014
Phoenix, Ariz.-based Lovitt & Touché has launced ClearPath Prime, a private exchange that enables employers to manage the selection of employee healthcare benefits. ClearPath Prime is designed for employers to customize a menu of benefit options, allowing employees to determine …
February 5, 2014
The state’s new health exchange reports more than 657,000 New Yorkers have completed applications for insurance while nearly 381,000 of them have enrolled for specific coverage. The health department says enrollment for individual and family coverage since October includes 241,242 …