July 14, 2006
Aviva PLC, Britain’s largest insurance company, said Thursday it will take over U.S. life insurance company AmerUs Group Co. in a $2.9 billion deal that will expand the U.K. insurer’s reach into the U.S. market. London-based Aviva will pay $69 …
July 13, 2006
Swiss Reinsurance Co. said Tuesday it would cut up to 2,000 jobs by the end of 2007 in a bid to improve efficiency. Large offices in Zurich; London; Munich; Armonk, N.Y.; and Kansas City, Kan., will be primarily affected, the …
July 12, 2006
Recent severe thunderstorms in Oklahoma blew vehicles off roads, ripped off roofs and caused an ammonia leak that forced a business to be evacuated, authorities said. At least one person was reported injured when storms peeled away the roof of …
July 11, 2006
Swiss Re – the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions – has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency gains,” the Company announced …
July 10, 2006
Overland Park, Kan.-based Brooke Credit Corp., the finance subsidiary of Brooke Corp., announced selected June 2006 results. Michael Lowry, president, announced loan portfolio balances for Brooke Credit Corp. on June 30, 2006, totaled approximately $377.4 million, compared to loan portfolio …
July 10, 2006
While storms such as Hurricane Katrina grab the headlines, a string of smaller storms over the past few years has been taking a toll on insurance companies, industry officials said. Storm claim losses have been running significantly ahead of projections …
July 6, 2006
While storms such as Hurricane Katrina grab the headlines, a string of smaller storms over the past few years has been taking a toll on insurance companies, industry officials said. Storm claim losses have been running significantly ahead of projections …
July 3, 2006
Outdoor Sports Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents. Dollars: Limits $300 to $1 million. Minimum premiums based on $1 million …
July 3, 2006
Equipment Policies Nuts & Bolts: Britt Paulk Insurance Agency Inc. is offering an equipment policy program that includes agriculture, forestry, construction and lawn and garden. The coverage is first party physical damage for contractors’ equipment. Classes include contractors, agricultural, forestry, …