H.W. Kaufman Financial Group, a privately held company headed by Alan Jay Kaufman, has acquired Colorado-based US Reports Inc. – a national loss control inspection, premium audit and risk management services firm. US Reports is a family owned 70-employee risk …
The Bermuda-based Max Capital Group Ltd. reported net income of $36.4 million, or $0.63 per diluted share, for the quarter ended March 31, 2010, compared to net income of $44.5 million, or $0.78 per diluted share, for the quarter ended …
Fremont Michigan InsuraCorp Inc., a Michigan-exclusive property and casualty insurance carrier, reported revenues of $14.9 million for the first quarter of 2010, up 9.4 percent from revenues in the first quarter 2009. Highlights for the quarter include: Net income of …
A deep-sea search for the wreck of an Air France plane that crashed into the Atlantic last year, killing all aboard, has been extended to cover a broader expanse of ocean, investigators said on Tuesday. Air France flight AF447 between …
A cloud of abrasive volcanic ash drifting south from Iceland disrupted flights to and from Ireland and Scotland anew on Wednesday. Two airports serving Glasgow, Scotland’s largest city, were closed until at least 1800 GMT, while flights from the Irish …
Hannover Re’s first quarter report noted that, although it had been hit with some “major losses,” the reinsurer was nonetheless satisfied “with its start to the new financial year.” CEO Ulrich Wallin commented: “Although the burden of major losses in …
The Wisconsin State Patrol is increasing air brake inspections on large trucks as part of an annual, national safety effort. The goal of Operation Air Brake, which begins May 5, is to reduce large truck crashes and make highways safer. …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings of “a” of United Fire & Casualty Group (UFCG) and its five P/C members, which …
The Louisiana Legislature won’t be meddling any further this session in a workers’ compensation dispute between NFL players and the New Orleans Saints. The Saints had been pushing a bill to lessen its workers’ compensation costs for injured players. But …
An Orlando jury sided with Walt Disney Co. in a lawsuit brought by a man who claimed negligence when he suffered a stroke weeks after riding the “Twilight Zone Tower of Terror.” Philadelphia resident Marvin Cohen claimed a sudden drop …
