California-based Copart, Inc. reported results for the fourth quarter and fiscal year ended July 31, 2003. Copart earned net income of $13,336,800 in the fourth quarter of fiscal 2003 on revenues of $87,216,100. This quarter’s net income is 14 percent …
Fitch Ratings has affirmed XL Capital Ltd.’s (XL) long-term issuer and senior debt rating at ‘A+’, and preferred stock rating at ‘A’. Fitch has also affirmed the ‘AA’ insurer financial strength rating of XL’s property/casualty insurance subsidiaries, led by XL …
The California Ambulatory Surgery Association (CASA) stated on Tuesday that access to surgery for injured workers in California will be dramatically reduced under the outpatient fee schedule approved by the California legislature. Common work related injuries requiring surgical procedures such …
With warnings of new vulnerabilities in the Windows operating system and the threat of a potential new “blaster” virus, Microsoft Chief Executive Steve Ballmer this week called for the software industry to intensify innovation efforts to stop the spread of …
The recovery of 12 vehicles to Baltimore from Antwerp, Belgium announced this week reportedly illustrates a troubling trend in vehicle theft, the targeting of luxury vehicles in the United States for theft and export to foreign nations, according to the …
Fremont Employers Insurance Company (FEIC) has received an “A- (Excellent)” rating from A.M. Best Company. FEIC is a wholly owned subsidiary of Employers Insurance Company of Nevada, A Mutual Company (EICN). “Today is another historic day in our company’s continuing …
International Medical Group(R), Inc. (IMG(R)) recently added a terrorism option to its Patriot Travel Medical Insurance(R) and Patriot Executive(SM) international travel medical insurance plans. This option, or rider, provides conditional coverage for injuries incurred as a result of an act …
The Florida State Fire Marshal’s Office and the Sanford Police have charged 29-year old Leroy L. Fischer with attempted felony and arson after he allegedly set fire to a residence with two sleeping children inside. The fire resulted in the …
Ruling on appeals filed by State Farm Lloyds Insurance and Farmers Insurance Companies regarding ordered homeowners rate reductions, Texas Insurance Commissioner Jose Montemayor upheld the rate cuts ordered by the Texas Department of Insurance (TDI) on Aug. 8, 2003. TDI …
The Hartford Financial Services Group has issued a bulletin warning home and business owners to take precautionary steps to prevent injury and minimize potential damage from Hurricane Isabel, which may threaten states along the east coast of the United States …