Bermuda-based Max Re Capital Ltd. reported net income for the three months ended September 30, 2006 of $26.5 million, or $0.42 per diluted share, compared to a net loss of $44.2 million, or $0.96 per diluted share, for the three …
Bermuda-based Aspen Insurance Holdings Limited announced the commencement of a public offering of $200 million of a new series of its perpetual non-cumulative preference shares to be listed on the NYSE. It also announced that its board of directors has …
William L. Jews will step down as chief executive of CareFirst BlueCross BlueShield at the end of the year, the board of Maryland’s biggest health insurer said. The decision to leave was mutual, according to board chairman Michael R. Merson, …
Standing before a federal judge and pleading for his life, Jeffrey Skilling looked contrite, hands folded below his waist, his voice at one point halting as he talked about Enron Corp., the failed company he headed and drove to the …
Mercury General Corp. reported net income of $68.2 million ($1.25 per share- diluted) in the third quarter 2006 compared with $73 million ($1.33 per share-diluted) for the same period in 2005. For the first nine months of 2006, net income …
Standing before a federal judge and pleading for his life, Jeffrey Skilling looked contrite, hands folded below his waist, his voice at one point halting as he talked about Enron Corp., the failed company he headed and drove to the …
Zurich Financial Services Group announced plans to move its Latin American regional headquarters from Santiago, Chile, to Miami in early 2007. The Company also appointed Jaime Paredes, 51, as the new CEO of Zurich Latin America, effective November 6, 2006. …
Bermuda-based Aspen Insurance Holdings Limited has appointed Julian Cusack, currently its CFO, to the expanded role of Chairman and CEO of Aspen Insurance Limited (AIL), Bermuda. He will step down as CFO once a successor is appointed. Aspen also named …
Latham, N.Y.-based First Cardinal LLC, a provider of third-party administrative services for workers’ compensation self-insurance groups, announced that co-founder and chief operating officer Richard S. Flaherty has been promoted to president and chief executive officer of First Cardinal and its …
Merchants Insurance Group is pleased to announce that Michigan insurance agent Bruce Morris has been named the vice chairman of Merchants’ National Co-Chairman Advisory Council. The Merchants’ Advisory Council is comprised of a select group of independent insurance agents who …
