July 28, 2005
The Commerce Group Inc. out of Webster, Mass. reported that 2005 second quarter net earnings were $62.6 million, or $1.85 per diluted share, compared to net earnings of $37.4 million or $1.14 per diluted share for 2004. During the second …
July 27, 2005
Allmerica Financial Corp. announced that its profit in the second quarter more than doubled due to strong growth in the company’s property and casualty segment. Net income grew to $72 million, or $1.34 per share, from $32.4 million, or 60 …
July 26, 2005
Some of Harvard Medical School’s top teaching hospitals may add a lesson for their doctors: how to say sorry. A national specialist on patient safety, Dr. Lucian Leape, has led a group of physicians, patients, and hospital executives in drafting …
July 26, 2005
First Notice Systems, Inc., a claim-reporting firm for the insurance industry, has appointed Mark Leonard to the position of vice president, account management. Leonard will head the company’s strategic account management team to manage and grow the company’s client base. …
July 26, 2005
Las Vegas-based Sierra Health Services Inc. reported that net income for the quarter ended June 30, 2005 was $33.8 million or $1.01 per diluted share, compared to $38.2 million or $1.10 per diluted share for the same period in 2004. …
July 21, 2005
Workers’ compensation cases with significant unanticipated medical care and costs are most common in California and Texas, and can represent as much as 30 to 40 percent of medical costs in most states, according to a new study by the …
July 20, 2005
HCC Insurance Holdings Inc. announced that David J. Evans has joined its underwriting agency subsidiary ASU International Inc. as managing director of their London-based operations. ASU is headquartered in Wakefield, Mass., with offices in Los Angeles, New York City and …
July 18, 2005
OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer. Miller replaced John Cavoores, who left the company for personal …
July 18, 2005
MASSACHUSETTS Marsh Clients Urged to Hold Off: Massachusetts insurance customers of insurance broker Marsh & McLennan are being urged to hold off on agreeing to the broker’s proposed settlement by the state’s attorney general. Attorney General Tom Reilly has mailed …
July 18, 2005
Mike Miller OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group Ltd., announced that Mike Miller, its current chief operating officer, has been appointed president and chief executive officer. Miller replaced John Cavoores, who left the company …