USI, Armitage USI Holdings Corp. has completed the acquisition of Jericho, N.Y.-based Armitage & Co., which sells property/casualty and surety products in the New York metropolitan area. Armitage will be combined with USI’s existing Woodbury, N.Y. location and is expected …
W.R. Berkley, American Mining Insurer Connecticut-based W.R. Berkley Corp. has closed on the acquisition of CGH Insurance Group, the owner of American Mining Insurance Co. Terms of the transaction were not disclosed. American Mining, based in Birmingham, Ala., has specialized …
Starr International Co. Inc. announced its U.S. subsidiary, Starr International USA Inc. (SICO USA), acquired Republic Insurance Co. from Columbia Insurance Co., a member of Warren Buffett’s Berkshire Hathaway Group. Republic Insurance Co., a property/casualty insurer, is located in Dallas. …
Giant direct auto insurance seller Geico has been airing ads on Boston Red Sox radio broadcasts even though it does not do business in Massachusetts. The radio games are broadcast across New England and the Northeast so Geico is gaining …
Billionaire Warren Buffett’s holding company Berkshire Hathaway Inc. reported that its net income jumped nearly 33 percent during the second quarter because of strong performance from its insurance division. Berkshire said Friday it earned $3.1 billion (euro2.26 billion), or $2,018 …
The Bush administration plans to review the U.S. government’s regulatory system for financial institutions with the goal of making changes to better reflect modern markets. Treasury Secretary Henry Paulson said the review, which will be conducted by officials at his …
The Bush administration plans to review the U.S. government’s regulatory system for financial institutions with the goal of making changes to better reflect modern markets. Treasury Secretary Henry Paulson said the review, which will be conducted by officials at his …
Guests at a high-dollar New York fundraiser for presidential candidate Sen. Hillary Rodham Clinton were treated to cocktails, dinner and an hourlong business tutorial from billionaire Warren Buffett. Buffett, the founder of the Omaha, Nebraska-based Berkshire Hathaway Inc. and one …
The Bush administration plans to review the U.S. government’s regulatory system for financial institutions with the goal of making changes to better reflect modern markets. Treasury Secretary Henry Paulson said the review, which will be conducted by officials at his …
The Supreme Court sided with two insurance companies Monday in a case involving alleged violations of the Fair Credit Reporting Act. The law requires insurance companies and other businesses to notify customers who are charged more because of their credit …
