April 28, 2015
Bermuda-based PartnerRe Ltd. reported net income of $231.7 million, or $4.76 per share for the first quarter of 2015. The figure includes net after-tax realized and unrealized gains on investments of $100.3 million, or $2.06 per share. By comparison net …
April 28, 2015
Willis Group Holdings announced that it has been appointed lead insurance broker and risk adviser to the BLOODHOUND Supersonic Car (SSC), including the building and testing of the vehicle as well as its forthcoming world record attempt. Willis explained that …
April 28, 2015
A new report on cyber governance commissioned by Zurich Insurance Group highlights challenges to digital security and identifies new opportunities for business. The sturdy calls for the “establishment of guiding principles to build resilience and the establishment of supranational governance …
April 28, 2015
Bermuda-based Everest Re Group, Ltd. reported net income of $323.0 million, or $7.19 per diluted common share, for the first quarter of 2015, compared to net income of $293.9 million, or $6.21 per diluted common share, for the first quarter …
April 28, 2015
XL Group plc Chief Executive Officer Mike McGavick said that while he shuns casinos unless he’s with his mother-in-law, he’s felt lately like he was sitting at a “high stakes table” as he made insurance deals. McGavick announced a plan …
April 28, 2015
Recordings from cameras worn by North Carolina police officers or attached to their vehicle dashboards and used for criminal investigations would be confidential with some exceptions in legislation getting support at the General Assembly. The bill that passed the House …
April 28, 2015
The Villages Insurance has added Matt Cameron as managing advisor to its Pinellas Plaza, Fla., office. Cameron has over 23 years experience in the insurance industry, most recently as an agent at the local AAA office. Cameron became a member …
April 28, 2015
Local governments in Tennessee can no longer bar people with handgun carry permits from bringing firearms to parks, playgrounds and sports fields under legislation signed last week by Republican Gov. Bill Haslam. In a letter to the speakers of the …
April 27, 2015
The Metropolitan Transportation Authority, the nation’s largest commuter rail network, is on track to receive a nearly $1 billion federal loan for safety improvements meant to avoid a repeat of a 2013 derailment that killed four people, New York Gov. …
April 27, 2015
A widowed mother of two from Florida has been sentenced to four years in prison for burning down her former million-dollar home in Connecticut for the insurance money. The Connecticut Post reports that 39-year-old Amanda Azevedo pleaded with a state …