May 7, 2007
Earthquake Nuts and Bolts: Wholesale Connection Insurance Services, located in Woodland Hills, Calif., added a new carrier to its list of Earthquake markets in California. Dollars: Capacity in zones A, B and E is $2,500,000 for primary and $5 million …
May 7, 2007
Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …
May 7, 2007
Mortgage Company E&O/Fidelity Bond Nuts & Bolts: SUA Inc. has insurance packages for the mortgage industry covering both mortgage brokers and bankers. Coverages include professional liability, fidelity/crime bond, mortgage impairment and employment practices liability. Dollars: $300,000 to $5 million. Carrier: …
May 7, 2007
My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and “Sym 1” is available on fleets of …
May 3, 2007
Bermuda’s Aspen Insurance Holdings Limited reported that its net income for the first quarter rose by 97 percent to $121.9 million versus $61.8 million for the same quarter in 2006. Other earnings highlights noted by the Company include the following: …
May 3, 2007
Kan. Insurance Commissioner Sandy Praeger is urging Medicare beneficiaries and their families to be aware of a new Medicare phone scam. The caller claims to be a Medicare representative from your area Medicare Office. They report that all Medicare Beneficiaries …
May 2, 2007
Alliance Mutual Insurance Company, headquartered in Greensboro, N.C., and United Heritage Financial Group, Inc., based in Meridian, Idaho, have reached a preliminary agreement under which United Heritage will acquire Alliance. Alliance, founded in 1976, is a provider of property and …
May 2, 2007
Bermuda-based Aspen Insurance Holdings Limited will release its first quarter 2007 financial results today, May 2, 2007, following the closing of the U.S. markets. The Company will hold a conference call to discuss its financial results on Thursday, May 3, …
April 26, 2007
The company that distributed hamburger patties believed to have sickened at least three children with E. coli bacteria in the Western United States is blaming the contamination on the slaughterhouse that processed the meat. Steve Wood, vice president for Merced, …
April 25, 2007
Bermuda’s XL Capital Ltd. reported net income available to ordinary shareholders for the quarter ended March 31, 2007 of $549.7 million, or $3.06 per ordinary share, compared with net income of $458.5 million, or $2.56 per ordinary share, for the …