November 15, 2009
488% The jump in profits for the third quarter reported by Harleysville Group Inc. The insurer saw its third-quarter profits climb to $24.7 million, up from $4.2 million in the year-ago period. Revenue at the insurer rose to $244.3 million, …
November 15, 2009
Heavy Equipment Theft Now Estimated To Be A Sophisticated $600 Million Business On the last day in September, Jerry Dean Ledford was driving a stolen Ford F-250, and pulling a trailer loaded with a stolen tractor, down Highway 74 in …
November 15, 2009
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. Commercial Construction Liability Market Detail: Insurance Specialty Group presents PrimeSTARR, an ISO-based commercial construction general …
November 11, 2009
A.M. Best Co. has affirmed the financial strength rating of’ A+’ (Superior) and issuer credit rating of “aa-” of Bermuda-based Tokio Millennium Re Ltd. (TMR), both with stable outlooks. Best noted that TMR is a wholly owned subsidiary of Tokio …
November 9, 2009
A South Carolina couple has sued a Georgia-based security company for hiring a guard accused of setting fires. The Island Packet of Hilton Head reports Friday that Norman and Marjorie Agin say Norred & Associates and two local supervisors were …
November 9, 2009
South Carolina needs to take a tougher stand to keep new beachfront development from moving closer to the ocean, according to a report requested by the state’s environmental agency. The report calls for lawmakers to tighten a 1988 law that …
November 5, 2009
Bruce White hauled thousands of gallons of gas a day for years. These days, carrying a gallon of milk is a challenge for the Union County, South Carolina man. White worked 15-plus hours many days, manhandling hoses that, full of …
November 4, 2009
The Diocese of Savannah said it has reached a $4.24 million agreement through a court-ordered mediation in South Carolina with Allan Ranta who alleged he was sexually molested by former priest Wayland Y. Brown between 1978 and 1983. Ranta also …
November 3, 2009
Raleigh, North Carolina-based BB&T Insurance Services, the nation’s seventh largest insurance broker, said it has expanded its southwest Florida operation with the acquisition of Oswald Trippe and Co. Inc. of Fort Myers. Terms were not disclosed. In addition to its …
November 1, 2009
$12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG …