The National Auto Body Council (NABC) has issued a call for nominations for its annual Pride Awards. The Awards, which are presented at the Collision Industry Night of Achievement during NACE, are meant to recognize those groups or individuals who …
Pennsylvania-based Donegal Group Inc. reported net income for the fourth quarter of 2003 of $5,179,206, or $.47 per share on a diluted basis, compared to $3,627,496, or $.39 per share on a diluted basis, for the fourth quarter of 2002. …
The Property Casualty Insurers Association of America lauded the Pennsylvania’ Senate’s passage of legislation, S.B.815, assuring that policyholders of insolvent insurance companies in the state would still pay for claims according to the agreed-upon deductible amounts under their policies. The …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Jupiter Insurance Limited (Guernsey), and has maintained its stable outlook. “The rating reflects Jupiter’s superior capital strength and operating performance. An offsetting factor is …
Bermuda’s Allied World Assurance Holdings, Ltd. reported net income of $87.2 million for the fourth quarter 2003, compared to $42.8 million for the fourth quarter last year. Net income for the 12 months ending Dec. 31, 2003, was $288.4 million, …
While the state’s economic recovery has not yet reached every part of the business spectrum, 72 percent of California small business owners polled are expecting 2004 to be an overall better year than 2003, according to an annual statewide survey …
The Property Casualty Insurers Association of America (PCI) expressed its opposition to efforts in the Wyoming legislature to add burdensome and costly reporting requirements to insurers in an effort to keep uninsured motorists off the road. “While the motive behind …
A Florida insurance agent is facing up to 75 years in prison on charges that she sold phony performance bonds and misappropriated more than $150,000 in insurance premiums from at least a dozen construction companies. Jody Young, 42, owner of …
The South Carolina House Ways and Means Committee has approved a budget proviso to eliminate the state’s Second Injury Fund (SIF) and appropriate $40 million of the monies remaining in the fund to the state’s general budget. “Although we support …
The Office of the Insurance Commissioner is warning Washington residents to be on the lookout for prescription drug scams that purport to offer “Medicare-approved” discount cards as part of the Medicare law signed by the President last year. The caution …