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Penn.-Based PMA Companies Appoints Chief Information Officer

PMA Companies, a Pennsylvania-based provider of commercial insurance risk management solutions and TPA claims and risk services, announced that David Chandler has joined the company as chief information officer and senior vice president. Chandler is responsible for leading the development …

Donegal Group Posts $2.6M Q2 Profit

Donegal Group Inc. of Marietta, Penn., today reported net income of $2.6 million for the second quarter of 2013, compared to $2.0 million net income for second quarter of 2012. The company said the profit increase is primarily attributable to …

New York Company Pays $50,000 for Post-Sandy Gasoline Gouging

New York state Attorney General Eric Schneiderman says a Hudson Valley-based gasoline wholesaler has agreed to pay $50,000 in penalties for price gouging in the aftermath of Superstorm Sandy last fall. Schneiderman announced Wednesday that CPD Energy Corp. of New …

Chubb Q2 Profit Jumps 43% to $579M; Renewal Rates Up in All Business Units

The Chubb Corp. reported its 2013 second quarter net income of $579 million, a 43.3 percent increase from $404 million net income posted a year ago. The company said it benefited from higher rates and stronger underlying underwriting performance, which …

RenaissanceRe Forms Specialty Reinsurance Agency for U.S. Market

RenaissanceRe Holdings Ltd. has formed RenaissanceRe Underwriting Managers U.S. LLC, a specialty reinsurance agency based in Connecticut, which will support the growth of new products and services in the United States specialty market. RenaissanceRe Underwriting Managers U.S., an indirect wholly-owned …

New York Regulators Query 20 Reinsurers About Iran Ties

New York’s financial regulators asked 20 more reinsurance companies Wednesday for information about business with Iran in violation of U.S. sanctions, including measures they’ve taken to ensure they don’t underwrite prohibited shipping. The Department of Financial Services, which sent a …

OSHA Investigates After Lightning Hits 9 Colorado Farm Workers

Federal authorities are investigating safety procedures at a northern Colorado farm after nine workers were struck by lightning. Two of the workers in the organic fields in Wellington were critically injured when the lightning struck Thursday afternoon. The Fort Collins …

Oregon To Spend $20 Million Promoting Health Law

Two local folk singers, strumming guitars and crooning about the virtues of Oregon, have become the first tool in a $20 million campaign to convince Oregon’s uninsured to buy health insurance. Musicians Laura Gibson and Matt Sheehy appear in ads …

Estate of Drowned Washington Teen Files Oregon Lawsuit

The estate of a drowned Vancouver, Wash., teen has sued the organizers of a summer camp in Oregon, saying they endangered the boy. The lawsuit filed in Multnomah County Circuit Court in Portland seeks $13 million. The Columbian reported the …

Hawaii Cyber Range Launches Anti-Hacking Training

The state of Hawaii has launched a center to train people to defend computer systems from attack. The so-called “cyber range” is a collection of servers and routers in a room on the University of Hawaii’s Manoa campus. The equipment …

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