Bermuda-based Arch Capital Group reported net income available to common shareholders for the 2010 second quarter of $237.0 million, or $4.45 per share, compared to $152.1 million, or $2.43 per share, for the 2009 second quarter. The Company also reported …
The House of Representatives will try to advance an overhaul of auto safety laws when Congress returns from its August recess, a top lawmaker said recently. Rep. Henry Waxman, the chairman of the House Energy and Commerce Committee, said he …
Coral Gables, Florida-based insurance agency MDW Insurance Group has acquired Genesis Risk Advisors. Terms were not disclosed. The founders of Genesis Risk Advisors — Gary Farbish, Craig Weinstein, and Charles Goldman– will join MDW and lead its expansion into Broward …
Swindlers, scammers and even a few strippers are flocking to the Gulf Coast in search of a piece of the $20 billion BP Plc has set aside to compensate residents for spill-related losses. Adjusters passing out emergency funds in Louisiana …
Louisiana Insurance Commissioner Donelon reported that motor vehicle theft rates are on the decline in Louisiana. Motor vehicle theft rates declined in 2009 over 2008 by 16.8 percent in four of Louisiana’s largest metropolitan areas according to 2009 preliminary data …
The Hanover has appointed Michael H. Lee as branch vice president for Commercial Lines for the company’s New Hampshire and Vermont markets. In this new role, Lee will lead the company’s efforts to strengthen its presence in these states by …
Independent retail insurance broker Alper Services LLC, headquartered in Chicago, has added Art Cerda and Jennifer L. Henderson. Cerda was hired as an account manager and joins Alper Services LLC with several years of experience as a commercial lines account …
Momentous Insurance Brokerage of Van Nuys, Calif., has announced a strategic partnership with Doodson Entertainment, a specialist brokerage firm in the United Kingdom and the United States, to bring enhanced capability in placing non-appearance and event cancellation insurance solutions. Non-appearance …
The California State Compensation Insurance Fund has named Tom Rowe president, CEO and member of the Executive Committee. He will report directly to the Board of Directors and is responsible for the day-to-day operations of State Fund. As head of …
Furthering his commitment increase public scrutiny of health insurance rate filings, California Insurance Commissioner Steve Poizner announced that consumers can now be notified via e-mail when new health insurance rate filings for the individual market are made. “We want as …
