Hannover Re, the world’s third-biggest reinsurer, plans to pay a special dividend after fourth-quarter profit rose more than analysts estimated, helped by low catastrophe claims. The shares climbed. Net income rose to 290 million euros ($313 million) from 265 million …
A Texas-based insurance company has prevailed in the first lawsuit to go to trial over claims from two massive hailstorms in Hidalgo County, Texas, in 2012. The 12-member jury in Amaro v. National Lloyds found that National Lloyds Insurance Co. …
Kayla Quinton was named a junior broker at Stone Creek Insurance Agency Inc. in Lafayette, Calif. Quinton’s focus at Stone Creek is to assist in maintaining the agency’s growth and community presence in the private client realm She began her …
Hawaii-based Island Insurance Company Ltd. has named Michael A. Onofrietti senior vice president of actuarial services, product development and management. Onofrietti, who previously held the title of vice president, will continue to be responsible for developing techniques for pricing insurance …
The Arbella Insurance Foundation will be the leading sponsor for Massachusetts-based Heritage Museums & Gardens’ 2015 season, which begins April 18, according to an announcement by the Arbella Insurance Group in Quincy, Massachusetts. The sponsorship will support programs, consumer education …
The California Earthquake Authority has again kicked off its annual “Marketing Value Program,” in which the quasi-private earthquake insurer encourages agents to sign up to receive direct mail marketing pre-printed with agents’ names to send to potential clients. This is …
A bill filed by state Rep. Todd Hunter, R-Corpus Christi, would require the Texas Department of Insurance to post on its website information regarding insurance rates of every residential property and personal auto insurer in the state, including details and …
Louisiana-based workers’ compensation insurer, LCTA Workers’ Comp (LCTA), has added John D’Angelo to its board of trustees. D’Angelo founded Investar Bank in Baton Rouge, La., in 2005, and grew the full-service community bank to eleven locations and $800 million in …
As the National Transportation Safety Board begins its investigation into a Delta jetliner that slid off a runway while landing during a snowstorm at LaGuardia Airport, there is no shortage of questions to pursue: How big a factor was the …
Ignore anyone who tells you snow is free. Every workday lost during New England’s winter has meant millions of dollars taken out of the regional economy. IHS Global Insight, an economic analysis firm, estimates Massachusetts alone suffered roughly $1 billion …
