July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …
July 26, 2013
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 …