Chicago-based Unitrin Inc. announced that Richard C. Vie will be stepping down as chairman of the board at the end of 2009 and that Donald G. Southwell, Unitrin’s president and chief executive officer, will assume the position of chairman, effective …
Bermuda-based Flagstone Reinsurance Holdings Limited announced that its net income attributable to common shareholders for the quarter ended September 30, 2009, was $67.1 million, or $0.80 per diluted share, compared to a net loss of $186.5 million, or $2.18 per …
The Arizona Department of Insurance has fined Aetna Life Insurance Company and Aetna Health, Inc., after examination of their practices exposed multiple violations of Arizona insurance laws. The department has ordered the companies to pay civil penalties of $57,250 and …
The Lloyd’s Branch of the Royal British Legion has mobilized a number of volunteers and armed forces personnel to support this year’s Poppy Appeal on London Poppy Day, Thursday November 5th. The organizers are targeting an increase in their contribution …
Colorado employers will be looking forward to additional financial relief next year by paying lower premiums for workers compensation insurance due to the announcement that a significant component of workers compensation premiums, known as loss costs, will drop 9.7 percent. …
The Main Street America Group has introduced its Main Line business owners policy (BOP) property and liability insurance product and Main Street Station for commercial lines quoting and policy issuance system to its independent agents in New York, New Hampshire, …
The Diocese of Savannah said it has reached a $4.24 million agreement through a court-ordered mediation in South Carolina with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. Ranta also …
Marsh & McLennan Companies, Inc. (MMC) reported that for the third quarter of 2009, its consolidated revenue was $2.5 billion, a decline of 11 percent from the third quarter of 2008. Insurance revenue was down 5 percent. Expenses were reduced …
Federal weather officials are beefing up their storm detection abilities in the Green River basin south of Seattle in hopes of better predicting flood threats, according to an article in the Seattle Times. Next month, the National Weather Service will …
The U.S. pay czar said Monday that he will determine “in the near future” how he will use his power to claw back pay at companies that have taken bailout money but is not currently in negotiations to do so. …
