February 4, 2016
Cambria County, Pennsylvania, Assistant District Attorney Heath Long could not prove that a young man was texting when he careened his pickup into another, killing a grandfather and his teenaged granddaughter. “What we did know is a very short period …
February 4, 2016
Anderson, Bagley & Mayo Insurance Agency, an independent agency based in Leominster, Massachusetts, announced that it has acquired Judy A. Mendolusky Insurance Agency, also based in Leominster. Terms of the transaction were not disclosed. Founded in 1986, Judy A. Mendolusky …
February 4, 2016
The Pennsylvania Insurance Department has created a new “one-stop shop” webpage to make information on private market flood insurance more accessible to Pennsylvania homeowners and renters. In announcing the new webpage, Pennsylvania Insurance Commissioner Teresa Miller said Pennsylvania homeowners, who …
February 4, 2016
The MEMIC Group, a workers’ compensation specialty insurer based in Portland, Maine, has promoted Robyn Jackson to director of claim operations.
February 4, 2016
London-based Hyperion Insurance Group, an international insurance intermediary, has confirmed the permanent appointment of Talbir Bains as chief executive officer of DUAL Group, an MGA and Hyperion’s international underwriting arm. The vision of DUAL is to continue to grow and …
February 4, 2016
Bermuda-based RenaissanceRe Holdings Ltd. reported fourth quarter 2015 operating income available to RenaissanceRe common shareholders of $135.0 million, or $3.07 per diluted common share, compared to $140.3 million, or $3.62 per diluted common share, in the fourth quarter of 2014. …
February 4, 2016
Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or $1.86, a year …
February 4, 2016
The surviving members of Led Zeppelin have all been questioned in a lawsuit that alleges their hit Stairway to Heaven was filched from an obscure song by the band Spirit. Jimmy Page, John Paul Jones, and Robert Plant were each …
February 4, 2016
Bermuda-based Everest Re Group Ltd. reported fourth quarter 2015 after-tax operating income available to common shareholders of $353.5 million, or $8.17 per diluted common share, compared to after-tax operating income of $331.5 million, or $7.28 per diluted common share, for …
February 4, 2016
Munich Re, the world’s second-biggest reinsurer, plans to increase its dividend more than expected after fourth-quarter profit remained unchanged from a year earlier. The company plans to raise the dividend to 8.25 euros ($9.14) a share for 2015 compared with …