February 6, 2015
W.R. Berkley Corp. reported a stellar fourth-quarter in terms of premium growth, but net income dipped at year-end due in part to investment return challenges. Berkley’s 2014 Q4 net income is booked at $110.7 million ($0.83 per diluted share), versus …
February 6, 2015
Two years ago on Christmas Day, veteran Police Officer Roderick Doda and new Officer Eric Schnieder suffered head and neck injuries when their cruiser was rammed by a car involved in a chase in Bridgeport, Connecticut. It could have been …
February 6, 2015
QBE North America’s has expanded its specialty lines offerings with the launch of a new Transactional Liability Practice. The Transactional Liability Practice, led by Dennis Kearns, QBE senior vice president & underwriting counsel, will underwrite two new products – representations …
February 6, 2015
The Main Street America Group has introduced an expanded workers’ compensation program through its independent insurance agents in Georgia and North Carolina. According to Dan Gaynor, vice president and head of commercial lines, the expanded coverage options and pricing levels …
February 6, 2015
A.M. Besthas removed from under review with negative implications and affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of Stonetrust Commercial Insurance Co. (Stonetrust) in Baton Rouge, La. The outlook assigned …
February 6, 2015
For at the last 15 months, Kansas geologist Rex Buchanan estimates, he’s spent 90 percent of his time studying something once relatively rare in the state — earthquakes. He has learned a lot, said the director of the Kansas Geological …
February 6, 2015
XL Group and insurance program administrator ProHost USA have added an extra layer of insurance protection to its umbrella excess insurance coverage product offering for fine dining and casual restaurants. “Restaurants can face some significant risks and claims,” according to …
February 6, 2015
The Michigan Department of Insurance and Financial Services (DIFS) announced it suspended the insurance licenses of Alia Bahoora and her insurance agencies: Assurity Insurance Agency I, Assurity Insurance Agency II, Assurity Insurance Agency III and Assurity Insurance Agency IV. The …
February 6, 2015
The state of Ohio is proposing more fines for distracted driving, with the money going to help subsidize driver’s education courses for those who can’t afford them. The Columbus Dispatch reports that the Drive Toward a Safer Ohio initiative is …
February 6, 2015
A swarm of earthquakes has shaken parts of Alfalfa County in northern Oklahoma. The U.S. Geological Survey says four earthquakes have been recorded around Cherokee and Helena since late on Feb. 4, including a magnitude 4.3 quake about five miles …