Quarterly earnings from bank insurance brokerage hit their second-highest level in first quarter 2008. Bank insurance brokerage earnings in the first three months of 2008 were $1.078 billion, up 8.6 percent from $993.3 million in the first quarter of 2007 …
Stepping Up and Out “The boards of directors of these companies are basically having to step up and be more anticipatory, and take steps to show their shareholders and show regulators that they mean business, and that they want to …
China INSOnline Corp., a licensed insurance provider operating a web portal in the People’s Republic of China, has been approved by for the listing of its common shares on the NASDAQ Capital Market. The insurance company began trading under an …
In the past three years, the insured value of properties in coastal areas of the United States continued to grow at a compound annual growth rate of just over 7 percent, according to a new report released by AIR Worldwide …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …
Republican House attorney John Brady has resigned from his General Assembly position to prepare for his campaign for state insurance commissioner. Brady stepped down so to avoid any conflict of interest or concerns about having too many jobs. He has …
Standard & Poor’s Ratings Services has placed its ‘BBB’ counterparty credit rating on Bermuda-based Allied World Assurance Co. Holdings Ltd. (AWH) on CreditWatch with negative implications. S&P also placed its ‘A-‘ counterparty credit and financial strength ratings on AWH’s operating …
A.M. Best Co. has placed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Darwin Group and its members under review with positive implications. Best also said the FSR of ‘A- (Excellent) and …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Chicago-based Old Republic Insurance (formerly known as Old Republic Group) and its members and Bituminous Insurance Companies of Rock …
The Delaware Volunteer Firemen’s Association says it is looking into the safety of patient compartments in ambulances. Executive secretary Jim Cubbage says questions first surfaced after a January accident that injured three members of a Millsboro ambulance crew. Last week, …
